Full text of Survey of Current Business : November 2013
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SURVEY OF CURRENT B U S K BEA’s MONTHLY JOURNAL In This Issue . . . Updated Summary of NIPA Methodologies Operations o f U.S. Multinational Companies, 2011 Regional Quarterly Report State Personal Income, Second Quarter o f 201 3 Results o f the Comprehensive Revision, 2001-201 2 Research Spotlight Alternative Measures o f Im plicitly Priced Financial Services o f Savings Institutions and Credit Unions Si BEA BUREAU OF ECONOMIC ANALYSIS U.S. DEPARTMENT OF COMMERCE ECONOMICS AND STATISTICS ADMINISTRATION U.S. D e p a rtm e n t o f C o m m e rc e Penny S. Pritzker, Secretary E c o n o m ic s a n d S ta tis tic s A d m in is tra tio n Mark Doms, Under Secretary for Economic Affairs B u re a u o f E c o n o m ic A n a ly s is J. Steven Landefeld, Director Brian C. Moyer, Deputy Director Brian M. Callahan, Chief Information Officer Dennis J. Fixler, Chief Statistician Kathleen James, ChiefAdministrative Officer Brent R. Moulton, Associate Director for National Economic Accounts Carol E. Moylan, Associate Director for Industry Accounts Joel D. Platt, Associate Director for Regional Economics Sarahelen Thompson, Associate Director for International Economics B E A A d v is o ry C o m m itte 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. Ernst R. Berndt, Chair, Massachusetts Institute of Technology Alan J. Auerbach, University of California, Berkeley Barry P. Bos^ orth, The Brookings Institution Jeffrey A. Fr aikel, Harvard University Robert J. Gordon, Northwestern University Maurine A. Haver, Haver Analytics, Inc. Charles R. Hulten, University of Maryland Dale W. Jorgenson, Harvard University Ellen R. McGrattan, Federal Reserve Bank of Minneapolis Therese J. McGuire, Northwestern University William D. Nordhaus, Yale University Joel L. Prakken, Chairman, Macroeconomic Advisers, LLC Andrew D. Reamer, George Washington University James Kim, Editor-in-Chief M. Gretchen Gibson, Managing Editor Kristina L. Maze, Production Manager Colby Johnson, Graphic Designer Danielle Helta, Editor T he Survey of C urrent business (ISSN 003 9 -6 2 2 2 ) is p u b lished m onthly by the Bureau o f Econom ic Analysis of the U.S. D e p artm en t o f C om m erce. Send ed ito rial co rrespondence to customerservice@bea.gov. Subscriptions to the Survey o f C u r r e n t business are m aintained, and the prices are set, by the U.S. G overnm ent Printing Office, an agency o f the U.S. Congress. To subscribe, call 202-512-1800 or go to bookstore.gpo.gov. The information in this journal is in the public domain and may be reprinted without the permission of the Bureau of Economic Analysis. Citation of the Survey o f C u r r e n t business as the source is appreciated. The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law of the Department. SURVEY OF CURRENT BUSINESS N ovem ber 2013 1 V o lu m e 93 • N u m b e r 11 G D P an d th e E c o n o m y : A d v a n c e E s tim a te s fo r th e T h ird Q u a rte r o f 2 0 1 3 Real GDP rose 2.8 percent after rising 2.5 percent in the second quarter of 2013. Business investment and state and local government spending picked up. Consumer spending slowed. 6 U p d a te d S u m m a ry o f N IPA M e th o d o lo g ie s The data and methods used to prepare current-dollar and real gross domestic product and current-dollar gross domestic income, reflecting the 2013 comprehensive NIPA revision. 27 R e s e a rc h S p o tlig h t A lte rn a tiv e M e a s u re s o f Im p lic itly P rice d F in a n c ia l S e rv ic e s o f S a v in g s In s titu tio n s a n d C re d it U n io n s A look at various methods for measuring the output of these entities that are consistent with the methods used in the Bureau of Economic Analysis (BEA) national economic accounts. 37 U .S. M u ltin a tio n a l C o m p a n ie s : O p e ra tio n s o f U .S. P a re n ts an d F o re ig n A ffilia te s in 2011 The value added of U.S. multinational companies rose 8.3 percent. The value added of U.S. parents rose 4.9 percent, and the value added of their affiliates rose 16.3 percent. 48 R e g io n a l Q u a rte rly R e p o rt State personal income grew in all but three states in the second quarter of 2013. Growth ranged from 1.5 percent in Arizona and Florida to -0.7 percent in Nebraska. www.bea.gov November 2013 89 S c h e d u le o f B E A N e w s R e le a s e s in 2 0 1 4 D -1 B E A C u rre n t a n d H is to ric a l D ata iii D ire c to r’s M e s s a g e iv T a k in g A c c o u n t B E A ’s W e b S ite a n d C o n ta c ts (in s id e b a c k c o v e r) S c h e d u le o f U p c o m in g B E A N e w s R e le a s e s (b a c k c o v e r) L o o k in g A h e a d Local Area Personal Income. Preliminary estimates for 2012 and revised estimates for 2001-2011 that reflect the comprehensive revision of local area personal income. November 2013 D irector’s M essage_________________ « ■ ■ ■ ■................................. ........ ■!■■■■■■H.I III ■■■■■I.I I...... . I..... ..■■■■............................................ ^ 0 ............................... ............................................ i n IIIIB................ .................................... ..................... In this issue of the S u r v e y o f C u r r e n t B u s i n e s s , we re pleased to present a Research Spotlight that looks at various measures of im plicitly priced financial services for savings institutions and credit unions. The article develops methods for measuring the output of these entities that are consistent with the methods used in the Bureau of Economic Analysis (BEA) national economic accounts. Another article summarizes the major results of the 2011 An nual Survey of U.S. Direct Investment Abroad, which collects sta tistics on the worldwide operations of U.S. multinational companies. Full statistics are available on the BEA Web site. Be cause of budget reductions under the 2013 sequester, BEA is not publishing an indepth article about these statistics this year. In addition, we present our annual guide to the methodologies and source data for the national income and product accounts, a valuable resource for all users of the statistics. The advance esti mates for the third quarter of 2012 are also presented. A Regional Quarterly Report takes a look at state personal in come for the second quarter of 2013. Personal income grew in all but three states and ranged from 1.5 percent growth in Arizona and Florida to -0.7 percent in Nebraska. The report also dis cusses the initial results of BEA’s latest comprehensive revision of the quarterly and annual state personal income statistics, which was released in September 2013. J. Steven Landefeld Director, Bureau of Economic Analysis November 2013 iv Taking Account... Integrated m acroeconom ic accounts updated The Bureau of Economic Analy sis (BEA) has recently updated the integrated set of macroeco nomic accounts that harmonizes its national income and product accounts (NIPAs) with the Fed eral Reserve Board’s financial ac counts of the United States (FAUS). W ith this update, these inte grated accounts, which are avail able on the BEA Web site, now reflect the 2013 comprehensive, or benchmark, revision of the NIPAs. Comprehensive revisions of the NIPAs occur roughly ev ery 5 years. Traditionally, comprehensive revisions differ from annual re visions because of the scope of the changes and because of the num ber of years subject to revi sion. The 2013 comprehensive revision included changes to the way the NIPAs treat research and development; movies, books, television shows, and other ar tistic originals; pension contri butions; and residential assets. The integrated macroeco nomic accounts comprise a se quence of macroeconomic accounts that link production and income to changes in net worth for the U.S. economy. The accounts detail the sources and uses of the funds that are made available for capital formation or net lending as well as track as sets and liabilities of major sec tors of the economy. In identifying the sources of changes in net worth, the ac counts provide information on changes in the market values of assets and liabilities, which are im portant drivers of changes in net worth. The integrated macroeco nomic accounts (IMAs) also bring the NIPAs and FAUS into closer accordance with the na tional accounting guidelines of fered by the international comm unity in the System of N a tional Accounts. BEA and the Federal Re serve Board jointly prepare the IMAs for the United States. In addition to bringing to gether data from the NIPAs and the FAUS, these integrated ac counts use consistent economic and accounting definitions and present the information in a unified framework. The IMAs are part of an inter agency effort to integrate the N I PAs and the FAUS, to fill inform ation gaps, and to en hance international comparabil ity of the U.S. national accounts. For more information about the integrated accounts, please view “A Guide to the Integrated Accounts,” by BEA economist Takashi Yamashita in the April 2013 issue of the S u r v e y o f C u r r en t B u s in e s s . The guide summarizes the ac counts and explains the struc ture of the accounts, the advantages, and the special fea tures. It also looks at a few ex amples that use the accounts to analyze the U.S. economy before the financial crisis and the reces sion of 2007. Additional inform ation about the 2013 comprehensive revision of the NIPAs is also available on the BEA Web site. Nom inations for the 2014 Julius Shiskin Award Nom inations are being accepted for the 2014 Julius Shiskin Me morial Award for Economic Sta tistics. It is given in recognition of unusually original and im por tant contributions to the devel opm ent of economic statistics or to the use of statistics in inter preting the economy. Contributions are accepted in the following areas: develop m ent of new statistical measures, statistical research, use of eco nomic statistics to analyze and interpret economic activity, de velopment of statistical tools, management of statistical pro grams, or application of data production techniques. The Julius Shiskin Award is cosponsored by the Washington Statistical Society, the National Association for Business Eco nomics, and the Business and Economics Statistics Section of the American Statistical Associa tion. The award carries an honorarium of $1,000, plus ad ditional recognition from spon sors. Nom ination forms are available at the following page: www.amstat.org/sections/ bus_econ/shiskin.html. Forms are due on March 15, 2014. For more information, please email paben.steven@bls.gov. 1 November 2013 GDP and the Economy Advance Estimates for the Third Quarter of 2013 EAL GROSS domestic product (GDP) increased .2 .8 percent at an annual rate in the third quarter of 2013, according to the advance estimates of the na tional income and product accounts (NIPAs) (chart 1 and table 1). In the second quarter of 2013, real GDP increased 2.5 percent.1 The acceleration in real GDP growth in the third quarter primarily reflected a deceleration in imports and accelerations in inventory investment and in state and local government spending that were partly offset by decelerations in exports, in nonresidential fixed in vestment, and in consumer spending.2 • Prices of goods and services purchased by U.S. resi dents, as measured by the gross domestic purchases price index, increased 1.8 percent in the third quarter after increasing 0.2 percent in the second quarter. Energy prices turned up in the third quarter and food prices accelerated slightly. Excluding food and energy, prices increased 1.5 percent after increasing 0.8 per cent (table 2). • Real disposable personal income (DPI) increased 2.5 percent in the third quarter after increasing 3.5 per cent in the second quarter. Current-dollar DPI increased 4.5 percent ($138.1 billion) after increasing 3.4 percent ($103.2 billion). The deceleration in real DPI reflected an upturn in the implicit price deflator for consumer spending, which is used to deflate DPI, that was partly offset by the acceleration in currentdollar DPI (table 3). • The personal saving rate, personal saving as a per centage of current-dollar DPI, was 4.7 percent in the third quarter; in the second quarter, the rate was 4.5 percent. R 1.“Real” estimates are in chained (2009) dollars, and price indexes are chain-type measures. Each GDP estimate for a quarter (advance, second, and third) incorporates increasingly comprehensive and improved source data; for more information, see “Revisions to GDP, GDI, and Their Major Components” in the July 2011 S u r v e y o f C u r r e n t B u s in e s s . Quarterly esti mates are expressed at seasonally adjusted annual rates, which assumes that a rate of activity for a quarter is maintained for a year. 2. In this article, “consumer spending” refers to “personal consumption expenditures,” “inventory investment” refers to “change in private invento ries,” and “government spending” refers to “government consumption expenditures and gross investment.” Chart 1. GDP, Prices, Disposable Personal Income (DPI) Real GDP: Percent change from the preceding quarter1 6 2009 2010 2011 2012 2013 Contributions to the percent change in real GDP in 2013:111 ^Consumer spending ^Nonresidential fixed investm ent Residential fixed investm ent :lnventory investm ent Exports Imports G overnm ent spending - 0 .5 0 1 .5 0 .5 1 .0 Percentage points at an annual rate Prices: Percent change from the preceding quarter1 4 .0 Prices of gross dom estic purchases 3 .5 2009 2010 2011 2012 2013 Real DPI: Percent change from the preceding quarter1 10 8 6 4 III 2 0 -2 -4 -6 -8 -10 Lisa S. Mataloni prepared this article. I 2009 I___ L 2010 1. Seasonally adjusted at annual rates U.S. Bureau of Economic Analysis J ____L 2011 J___ L 2012 2013 GDP and the Economy 2 November 2013 R eal G D P O v e rv ie w Table 1. Real Gross Domestic Product (GDP) and Related Measures [Seasonally adjusted at annual rates] Share of currentdollar GDP (percent) Change from preceding period (percent) Contribution to percent change in real GDP (percentage points) 2013 2012 III IV I 2013 II III 2012 IV I II III Gross domestic product *..... Personal consumption expenditures................................. 100.0 0.1 1.1 2.5 2.8 0.1 1.1 2.5 2.8 68.4 1.7 2.3 1.8 1.5 1.13 1.54 1.24 1.04 G oods............................................ 23.2 3.7 3.7 3.1 4.3 0.85 0.85 0.71 0.99 Durable goods........................... Nondurable goods.................... 7.6 15.6 10.5 0.6 5.8 2.7 6.2 1.6 7.8 2.7 0.74 0.10 0.43 0.43 0.46 0.26 0.57 0.42 1.5 1.2 0.1 0.29 0.69 0.53 0 .0 5 ' 0.71 1.38 1.45 1.63 -0.23 0.96 0.63 Services......................................... 45.2 0.6 Gross private domestic investment.................................... 16.0 -2 .4 4.7 9.2 9.5 -0.36 Fixed investment........................... 15.3 11.6 -1.5 6.5 4.1 Nonresidential........................... Structures.............................. Equipment............................. Intellectual property products 12.1 2.8 5.5 3.8 9.8 -4.6 17.6 -25.7 8.9 1.6 5.7 3.7 4.7 17.6 3.3 -1.5 1.6 12.3 -3.7 2.2 19.8 14.2 14.6 Residential................................ 3.2 Change in private inventories...... 0.7 Net exports of goods and services........................................... -2 .9 12.5 2013 1.13 -0.57 0.56 0.20 0.44 -0.80 0.43 0.32 0.47 0.09 0.18 -0.21 0.21 0.14 -0.06 0.09 0.50 0.34 0.40 0.43 -2.00 0.93 0.41 0.83 0.68 -0.28 -0.07 0.31 Exports........................................... 13.5 1.1 -1.3 8.0 4.5 0.15 -0.18 1.04 0.60 Goods........................................ 9.3 -3.0 -2.8 9.4 6.4 -0.28 -0.27 0.84 0.58 0.20 0.02 Services.................................... 4.1 11.3 2.2 4.8 0.6 0.43 Imports.......................................... 16.4 -3.1 0.6 6.9 1.9 0.53 -0.10 -1.10 -0 .3 0 , Goods........................................ 13.6 -3.5 -0.2 7.5 1.8 0.50 Services.................................... 2.7 -1.0 5.0 4.0 2.2 0.03 -0.13 -0.11 -0.06 -€ .5 -4 .2 -0.4 7.4 -13.9 Government consumption expenditures and gross investment.................................... Federal.......................................... 18.6 0.09 0.03 -1.00 -0.24 0.2 -1.31 -0.82 -0.07 0 .0 4 1 -8.4 -1.6 -1.7 -1.19 -0.68 -0.12 -0.13 ' National defense...................... 4.6 -21.6 -11.2 -0.6 -0.7 -1.22 -0.57 -0.03 -0.03 Nondefense............................... 2.8 1.0 -3.6 -3.1 -3.3 State and local.............................. 11.2 -1.0 -1.3 0.4 1.5 -0.12 -0.14 2.0 0.03 -0.11 -0.09 -0.10 0.05 0.17 i 2.07 2 .0 2 1 Addenda: Final sales of domestic product...... 99.3 2.2 0.2 2.1 G oods................................................ Services............................................. Structures......................................... 30.9 61.5 7.6 -1 .2 -0.6 12.7 5.5 0.3 -9.2 3.9 0.7 11.9 Motor vehicle output........................ GDP excluding motor vehicle output Final sales of computers.................. GDP excluding final sales of computers..................................... Research and development (R&D).. GDP excluding R & D ........................ 2.7 97.3 0.4 -2.8 0.2 50.3 9.2 0.9 17.5 12.1 -11.3 -0.07 2.2 3.3 0.22 15.4 -2.8 0.16 99.6 2.5 97.5 0.0 0.4 0.1 1.1 -0.2 1.2 2.4 1.9 2.5 2.14 0.21 6.9 -0.36 1.63 -0.1 -0.35 0.21 12.0 0.85 -0.70 2.9 -0.02 0.9 0.01 2.9 0.13 1.20 2.07 \ 0.46 -0.08 0.82 0.85 0.24 0.91 0.07 0.32 -0.33 2.16 3.18 0.06 -0.01 1.08 0.00 1.15 2.42 0.05 2.43 2.86 0.02 2.82 1. The estimates of GDP under the contribution columns are also percent changes. N ote . Percent changes are from NIPA tables 1.1.1 and 1.2.1, contributions are from NIPA tables 1.1.2 and 1.2.2, and shares are from NIPA table 1.1.10, or they are calculated from NIPA table 1.2.5. Consumer spending slowed in the third quarter, re flecting a deceleration in services that was partly offset by a pickup in goods. The largest contributors to the pickup in goods were food and beverages purchased for off-premises con sumption and motor vehicle and parts, both of which turned up, and widespread accelerations in “other” nondurable goods, notably prescription drugs. The largest contributors to the deceleration in spend ing for services were a downturn in housing and utili ties (primarily due to a downturn in spending for natural gas that was partly offset by a smaller decrease in spending for electricity) and a slowdown in health care. Nonresidential fixed investment slowed, reflecting a downturn in equipment and a deceleration in nonres idential structures that were partly offset by an upturn in intellectual property products (which was more than accounted for by software). Inventory investment picked up, primarily reflecting a pickup in nonfarm inventory investment. Farm inven tory investment increased at about the same rate as in the second quarter. Exports slowed; the slowdown reflected decelerations in both goods and services. Imports slowed; the slowdown reflected decelerations in both goods and services, but primarily in goods. The main contributors to the deceleration in goods were “other” goods and nonautomotive consumer goods, both of which turned down, and a deceleration in automotive vehicles, engines, and parts. Government spending turned up, reflecting a pickup in state and local government spending that was partly offset by a slightly larger decrease in federal govern ment spending. The pickup in state and local government spending primarily reflected an upturn in gross investment in structures. Real final sales of domestic product, real GDP less in ventory investment, increased 2.0 percent in the third quarter after increasing 2.1 percent in the second quarter. November 2013 S u r v e y o f C u r r e n t B u s in e s s 3 P rices Table 2. Prices for Gross Domestic Purchases Prices paid by U.S. residents, as measured by the gross domestic purchases price index, picked up, increasing 1.8 percent in the third quarter after increasing 0.2 percent. [Percent change at annual rates; based on seasonally adjusted index numbers (2009=100)] Contribution to percent change in gross domestic purchases prices (percentage points) Change from preceding period (percent) 2012 IV 2013 I 2012 II III IV 2013 I II III 1.2 0.2 1.8 0.72 -0.08 1.29 Gross domestic purchases1.................... 1.6 1.2 0.2 1.8 1.6 Personal consumption expenditures......... 1.6 1.1 -0.1 1.9 1.08 Goods........................................................... Durable goods......................................... Nondurable goods................................... Services....................................................... 0.7 -2.1 2.0 2.1 -1.0 -1.1 -0.9 2.1 -3.3 -2.0 -4.0 1.6 Gross private domestic investment........... 1.5 2.1 1.9 1.3 0.21 0.31 0.28 0.20 Fixed investment......................................... 1.3 2.3 2.0 1.5 0.20 0.33 0.29 0.23 Nonresidential......................................... 0.8 1.3 1.2 1.1 0.09 0.16 0.14 0.14 Structures............................................ Equipment........................................... Intellectual property products............ 1.2 1.5 -0.6 4.0 -0.3 1.9 5.2 -0.4 1.0 2.8 0.03 0.10 0.13 0.4 0.08 -0.02 -0.02 1.1 -0.02 0.07 0.04 0.07 0.02 0.04 Residential................................................ 4.0 6.3 5.1 3.0 2.2 0.16 -0.22 -0.76 0.50 -2.3 -0.15 -0.08 -0.14 -0.17 4.5 0.31 -0.14 -0.62 0.67 1.8 0.93 0.94 0.69 0.79 0.11 0.17 0.15 0.09 0.02 -0.02 -0.01 -0.03 Change in private inventories..................... Government consumption expenditures and gross investment................................ 1.4 0.9 0.1 1.5 0.25 0.17 0.02 0.28 Federal......................................................... 0.6 2.4 0.8 1.2 0.04 0.18 0.06 0.09 National defense...................................... 0.8 2.8 0.9 1.1 0.04 0.13 0.04 0.05 Nondefense............................................. 0.1 1.8 0.8 1.3 0.00 0.05 0.02 0.04 State and lo cal............................................ 1.9 -0.1 -0.4 1.8 0.21 -0.01 -0.04 0.19 1.4 0.3 0.5 -4 .5 -12.2 11.8 Addenda: Gross domestic purchases: Food............................................................. 2.5 Energy goods and services........................ 6.4 Excluding food and energy......................... 1.3 Personal consumption expenditures (PCE): Food and beverages purchased for offpremises consumption........................... 1.4 0.8 1.5 1.3 0.5 -3.4 -11.9 1.2 11.7 Energy goods and services........................ 1.8 6.6 Excluding food and energy......................... 1.3 Gross domestic product (GDP)...................... 1.1 1.3 0.6 1.9 Exports of goods and services...................... Imports of goods and services....................... 1.5 4.1 1.4 0.5 -3.2 -5.0 0.9 0.2 1.4 0.6 0.02 0.03 0.23 -0.16 -0.48 0.41 1.20 1.33 0.13 0.07 1.29 0.68 Consumer prices turned up, primarily reflecting an upturn in prices paid for consumer spending on non durable goods, notably gasoline and other energy goods. Prices paid for nonresidential fixed investment slowed slightly, primarily reflecting a slowdown in prices paid for structures. Prices paid by government picked up, primarily re flecting an upturn in prices paid by state and local governments, primarily for petroleum. Consumer prices excluding food and energy, a mea sure of “core” inflation, increased 1.4 percent after in creasing 0.6 percent. The GDP price index increased 1.9 percent in the third quarter, 0.1 percentage point more than the increase in the price index for gross domestic purchases. Ex port prices increased 0.9 percent after decreasing 3.2 percent, and import prices increased 0.2 percent after decreasing 5.0 percent. 1.4 1. The estimates of gross domestic purchases under the contribution columns are also percent changes. Most percent changes are from NIPA table 1.6.7; percent changes for PCE for food and energy goods and services and for PCE excluding food and energy are from NIPA table 2.3.7. Contributions are from NIPA table 1.6.8. GDR export, and import prices are from NIPA table 1.1.7. N ote. N ote on BEA’s gross domestic purchases price index is the most comprehensive index of prices paid by U.S. residents for all goods and services. It is derived from the prices of per sonal consumption expenditures (PCE), private invest ment, and government consumption expenditures and gross investment. BEA also produces price indexes for all the compo nents 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 Prices price measure that 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 restaurant meals and pet food. (See the FAQ “What is the core PCE price index and why has it been redefined?” 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 measures. This index excludes many imputed expendi tures, such as financial services furnished without pay ment, that are included in PCE and the PCE price index. BEA also prepares a market-based measure that excludes food and energy. 4 GDP and the Economy November 2013 P ers o n al In c o m e Table 3. Personal Income and Its Disposition [Billions of dollars; quarterly estimates are seasonally adjusted at annual rates] Level Change from preceding period 2013 2012 2013 IV Personal incom e.................................................... 14.065.0 14,197.7 371.5 -147.2 139.1 Compensation of employees............................. 8,811.2 8,858.9 196.4 -39.1 Wages and salaries....................................... 7.095.0 7.135.5 181.9 -46.2 54.6 5.900.9 1.185.4 748.4 -42.7 56.4 6.8 11.6 1.6 -49.6 -50.6 6.3 44.8 9.3 35.6 Private industries....................................... Goods-producing industries.................. Manufacturing.................................... Services-producing industries.............. Trade, transportation, and utilities.... Other services-producing industries. 4.715.5 1.124.5 3.591.1 5.945.1 177.5 1.194.4 20.3 8.2 751.9 4,750.7 157.3 1.132.6 24.2 3.618.1 133.1 1.0 62.9 Government................................................ 1.194.1 1.190.4 4.2 -3.5 -1.7 Supplements to wages and salaries........... 1.716.2 1.723.5 14.7 7.0 8.3 Proprietors’ income with IVA and CCAdj......... 1.341.5 1.358.2 27.5 87.1 Farm................................................................ 129.0 131.5 0.8 62.5 - 28.3 - 1.212.5 1.226.7 24.6 14.9 587.7 1,994.0 600.2 8.7 19.5 2,028.1 135.9 -127.0 58.2 Personal interest income............................... 1.225.6 1.231.8 12.8 2.6 9.8 796.3 121.1 -124.3 48.4 - Government wages and salaries decreased more in the third quarter than in the second quarter. The larger decrease reflected the effects of administrative fur loughs associated with sequestration; for example, ap proximately 640,000 civilian workers at the Department of Defense were furloughed for a total of 6 days in July and August. 8.0 Nonfarm ......................................................... 14.7 The deceleration in private wages and salaries primars ily reflected the pattern of monthly employment, hours, and earnings data from the Bureau of Labor Statistics for the third quarter. 6.9 Rental income of persons with CC Adj............. Personal income receipts on assets................ Personal dividend incom e............................... 768.4 Personal current transfer receipts...................... 2.430.9 2.457.6 23.6 38.0 4.9 Government social benefits to persons......... 2,386.5 794.9 586.3 426.1 68.5 80.0 430.8 2.412.7 802.6 596.5 437.9 62.2 81.6 431.9 24.1 5.4 13.2 3.6 -3.4 34.1 19.6 -1.4 -1.4 3.5 4.5 5.1 -3.0 2.4 -5.4 3.2 3.3 1.8 2.2 44.4 44.9 -0.5 3.9 0.4 insurance.......................................................... 1.100.3 1.105.3 20.5 125.8 6.6 5.0 Less: Personal current taxes................................... 1,664.8 1,659.5 56.4 76.2 35.8 -5 .3 , Equals: Disposable personal income (DPI)........... 12.400.1 12,538.2 315.3 -223.5 98.7 Less: Personal outlays............................................. 11,837.0 11,946.0 95.2 103.2 Social security.............................................. Medicare....................................................... Medicaid....................................................... Unemployment insurance............................ Veterans benefits.......................................... O ther............................................................. Other current transfer receipts from business, n e t................................................................. 2.0 12.1 The upturn in farm proprietors’ income partly rei fleeted payments by the U.S. government to farmers as ' part of a farm loan lawsuit settlement that boosted farm proprietors’ income by approximately $3.4 bil lion. Less: Contributions for government social Equals: Personal saving......................................... 563.2 592.2 Personal saving as a percentage of DPI................ 4.5 4.7 Addenda: The effects of special factors on changes in DPI In government compensation: Federal pay raise.................................................. Federal civilian furlough...................................... In supplements to wages and salaries: FICA increase in maximum taxable wages....... State unemployment insurance changes in tax rates and taxable wage ba s e .......................... Federal Unemployment Tax Act credit reduction In farm proprietors’ income: Farm loan lawsuit settlement.............................. In personal dividend income: Accelerated dividends......................................... In government social benefits to persons: Cost-of-living adjustments (COLAs)1................ Automatic Earnings Reappraisal O peration..... In employee contributions for government social insurance: FICA and SECA increase in maximum taxable wages................................................................ SMI premium increase........................................ Additional hospital insurance ta x ....................... Expiration of the “payroll tax holiday” ................. In personal current taxes: Change in indexation........................................... Refunds, settlements, and back taxes............... 220.0 -322.1 42.1 0.0 0.6 0.0 0.0 0.0 0.0 105.6 -132.6 27.0 0.0 15.2 -2.3 0.0 0.0 -0.3 A downturn in personal current taxes primarily re flected a downturn in state and local income taxes that \ largely reflected a return to normal levels following strong growth in the first and second quarters of 2013 as taxpayers made payments on income that had been accelerated before anticipated increases in income tax rates. Chart 2. Personal Saving Rate______________________ P e rc e n t 4.3 6.7 115.5 0.0 0.0 0.0 0.0 -1.4 0.0 4 61.5 0.0 2.1 7 6 5 1. Includes COLAs for social security, veterans benefits, railroad retirement, and supplemental security income. In the first quarter, the social security COLA boosted benefits $13.2 billion. Note. Dollar levels are from NIPA tables 2.1 and 2.2B. CCAdj Capital consumption adjustment FICA Federal Insurance Contributions Act IVA Inventory valuation adjustment SECA Self-Employed Contributions Act SMI Supplementary Medical Insurance I The deceleration in personal dividend income re flected estimates based on data from corporate finan cial reports. The acceleration in government social benefits pri1 marily reflected an upturn in Medicare payments and \ an acceleration in Medicaid payments. Medicare pay ments in the second quarter reflected a reduction in physicians’ reimbursement rates that took effect in April. 61.2 - Personal income, which is measured in current dol lars, slowed slightly in the third quarter, increasing $132.7 billion after increasing $139.1 billion in the second quarter. The deceleration primarily reflected decelerations in personal dividend income and in wages and salaries that were partly offset by an acceler ation in government social benefits to persons and an upturn in farm proprietors’ income. 3 2 1 0 2009 2010 U.S. Bureau of Economic Analysis 2011 2012 2013 November 2013 5 S u r v e y o f C u r r e n t B u s in e s s S o u rc e D ata fo r th e A d v a n c e E s tim a te s Table 4. Source Data and Key Assumptions for the Advance Estimates of GDP and Its Components for the Third Quarter of 2013 [Billions of dollars, seasonally adjusted at annual rates] 2013 April May June July A ugust S e p t.1 Private fixed investment: N onre siden tial structures: 291.6 295.7 289.2 299.9 300.3 300.1 Single fa m ily .............................................................................................................................................. 165.6 167.4 168.2 169.0 171.8 175.3 M u ltifam ily................................................................................................................................................... 30.8 31.6 31.6 31.3 32.2 32.9 C h ange in inventories for nondurable m a n u fa c tu rin g 2......................................................................... -1 .1 - 2 .9 7.6 3.6 14.7 - 5 .2 C h ange in inventories for m erch ant w h olesa le and retail in dustries o ther than m oto r vehicles and e q u ip m e n t.............................................................................................................................................. 5.8 -2 2 .5 - 6 .7 38.3 32.1 - 7 .6 U.S. exports of goods, in ternatio nal-transa ctions-accounts b a s is ............................................... 1,570.9 1,560.3 1,605.7 1,592.3 1,589.2 1,611.6 Excluding g o ld .......................................................................................................................................... 1,525.9 1,529.0 1,570.4 1,552.1 1,559.6 1,576.7 U.S. im ports of goods, in ternatio nal-transa ctions-accounts b a s is ............................................... 2,273.2 2,317.2 2,254.4 2,289.5 2,287.9 2,317.0 Excluding g o ld .......................................................................................................................................... 2,257.0 2,298.6 2,237.3 2,274.3 2,271.0 2,301.0 Net e xpo rts of g o o d s ....................................................................................................................................... -7 0 2 .3 -7 5 6 .8 - 6 4 8 .7 -6 9 7 .2 -6 9 8 .6 -7 0 5 .4 Excluding g o ld .............................................................................................................................................. -7 3 1 .1 -7 6 9 .7 -6 6 6 .9 -7 2 2 .2 -7 1 1 .5 -7 2 4 .3 240.1 245.3 249.0 249.6 251.6 250.6 Value of new non residential construction put in p la c e ..................................................................... R esidential structures: Value of new residential construction put in place: Change in private inventories: Net exports:3 E xp orts of goods: Im po rts of goods: State and local government structures: Value of new construction put in p la c e ...................................................................................................... 1. All the values except the value for inventory investment for nondurable manufacturing are assumptions. 2. The value for September reflects data from the Census Bureau. S ource D ata and Key A ssum ption s The advance estimates of many components of GDP are based on 3 months of source data, but the estimates of some components 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. Consumer spending: sales of retail stores (3), unit auto and truck sales (3), consumers’ shares of auto and truck sales (2), motor vehicle fuels data (3), and electricity and gas usage and unit-value data (3); Nonresidential fixed investment: unit auto and truck sales (3), construction spending (value put in place) (2), manu facturers’ shipments of machinery and equipment (3), and exports and imports of machinery and equipment (2); Residential fixed investment: construction spending (value put in place) (2), single-family housing starts (2), sales of new homes (2), and sales of existing houses (3); Change in private inventories: trade and manufacturing inventories (2), durable-goods and nondurable-goods manufacturing inventories (3), and unit auto and truck inventories (3); Net exports of goods and services: exports and imports of goods and services (2); Government spending: federal government outlays (3), 3. Nonmonetary gold is included in balance-of-payments exports and imports, but it is not used directly in estimating exports and imports in the national income and product accounts. for th e A d vance Estim ates of G D P state and local government construction spending (value put in place) (2), and state and local government employ ment (3); Compensation: employment, average hourly earnings, and average weekly hours (3); and Prices: consumer price indexes (3), producer price indexes (3), and values and quantities of petroleum imports (2). Key assumptions When source data were unavailable, BEA made various assumptions for September, including the following (table 4): • A slight decrease in nonresidential structures, • An increase in single-family structures, • A slight increase in multifamily structures, • A decrease in nonmotor vehicle merchant wholesale and retail inventories, • An increase in exports of goods excluding gold and a larger increase in imports of goods excluding gold, and • A slight decrease in state and local government construc tion spending. A more comprehensive list is available on BEA’s Web site at www.bea.gov. 6 November 2013 Updated Summary of NIPA Methodologies 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 2013 comprehensive revision of the national income and product accounts (NIPAs).1The sources of data and the methodologies that are now used to prepare the NIPA estimates are summa rized in this report.2 C u rren t-d o llar estim ates of G D P and GDI 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 estimate of that component for 2012. 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 the 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 the 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 also presented. For most components, infor mation 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 1. The concepts and m ethodologies that underlie the NIPAs are subject to periodic im provem ents as part of the comprehensive and annual NIPA revisions, and these im provem ents are described in a series of articles in the Survey o f C u rren t Business; for a list o f these articles, see appendix B at the back o f this issue. See also Stephanie H. McCulla, Alyssa E. H oldren, and Shelly Smith, “Im proved Estimates of the National Incom e and Product Accounts: Results o f the 2013 Comprehensive Revision,” Survey 93 (Sep tem ber 2013): 14-45. 2. For detailed descriptions of the fundamental concepts, definitions, classifications, and accounting framework that underlie the NIPAs and of the general sources and methods that are used to prepare the estimates, see Concepts and Methods of the U.S. National Income and Product Accounts on BEA’s Web site at bea.gov/methodologies/index.htm. or not the source data will be revised by the source agency are not included.3 S ource 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 the current-dollar estimates. For these components, the value data are adjusted to derive estimates that are consis tent 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 annual estimate of expenditures on new autos in a nonbenchmark year is calculated as unit sales times expenditure per auto (the average trans actions price that reflects all discounts and customer rebates). For the current-dollar estimates of GDI, two general methods are used for several components—an “employ ment 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. E stim ation m ethods For some components, BEA uses one of four methods: the commodity-flow method, the retail-control method, the perpetual-inventory method, and the fiscal year anal ysis method. The commodity-flow method involves estimating val ues based on various measures of output. For example, 3. For specific information on key monthly source data incorporated in the current quarterly estimates, see “GDP and the Economy” in the S u r v e y . November 2013 S u r v e y o f C u r r e n t B u s in e s s 7 the estimates of PCE for “Furnishings and durable house the-world corporate profits—are from the international hold equipment” in benchmark years are based on data transactions accounts (ITAs) that are prepared by BEA.8 on manufacturers’ shipments from the Census Bureau, As noted in table 1, for some NIPA components, the ITA and BEA adjusts the data for imports and exports. In gen estimates are adjusted to conform to NIPA concepts and eral, this method is used to derive estimates of various definitions. For the annual estimates of these adjustments components of PCE, of equipment investment, and of the and their definitions, see NIPA table 4.3B in the Septem commodity detail for state and local government con ber 2013 S urvey (page 143).9 Reconciliation tables. In preparing the annual esti sumption expenditures and gross investment.4 An abbre viated form of this method is used to prepare estimates of mates of several components of GDI, BEA adjusts the equipment investment in nonbenchmark years, and an source data to conform to NIPA concepts and coverage. even more abbreviated form is used to prepare the cur For each subcomponent, an annual NIPA table reconciles the value published by the source agency with the NIPA rent quarterly estimates of equipment investment. The retail-control method uses retail sales data, usu value published by BEA, and the adjustments are listed. ally compiled by the Census Bureau, to estimate expen Reconciliation tables for the following subcomponents ditures.5 It is used to prepare estimates of many were published in “National Income and Product subcomponents of PCE for durable and nondurable Accounts Tables” in the September 2013 S u rv e y : con goods in nonbenchmark years. This method ensures that sumption of fixed capital in table 7.13; nonfarm propri the growth rate for these subcomponents is the same rate etors’ income in table 7.14; corporate profits in table 7.16; as the “retail control” group, a measure based on the total net monetary interest in table 7.17; and wages and sala sales of most kinds of businesses selling goods from the ries in table 7.18. Census Bureaus monthly and annual retail trade surveys. The perpetual-inventory method is used to derive Estim ates of real G D P estimates of fixed capital stock, which are used to esti BEA uses three methods to estimate real GDP: the defla mate consumption of fixed capital—the economic depre tion method, the quantity extrapolation method, and the ciation of private and government fixed capital. This direct valuation method. These methods and the source method is based on investment flows and a geometric data that are used for estimation are listed in table 2. The deflation method is used for most components of depreciation formula.6 The fiscal year analysis method is used to estimate GDP. A quantity index is derived by dividing the currentannual and quarterly estimates of consumption expendi dollar index by an appropriate price index that has the tures and gross investment by the federal government. base year—currently 2009—equal to 100. The result is The estimates of expenditures are calculated by program, then multiplied by 100. The quantity extrapolation method uses quantity 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 indexes that are obtained by using a quantity indicator to programs, BEA adjusts budget outlays so that they con extrapolate from the base-year value of 100. The direct valuation method uses quantity indexes form to NIPA concepts and definitions and classifies the expenditures in the appropriate NIPA category—such as that are obtained by multiplying the base-year price by current transfer payments or interest payments—with actual quantity data for the index period. The result is nondefense consumption expenditures and gross invest then expressed as an index with the base year equal to ment determined residually. When a fiscal year analysis is 100. The subcomponents in table 2 are the same as those completed, the detailed array of NIPA expenditures by program and by type of expenditure provides a set of shown in table 1, but the detail differs to highlight the alternative methodologies that are used to calculate the control totals for the quarterly estimates.7 real estimates.10 Intern ational tran sactio n s accounts The source data for the foreign transactions that are 8. See l/.S. International Transactions Accounts: Concepts and Estimation reflected in most NIPA components—such as net exports Methods at www.bea.gov under “International” and “Methodologies.” of goods and services, net income receipts, and rest-of- Improvements in methodology are usually introduced as part of annual 4. For additional information on the commodity-flow method, see “Chapter 4: Estimating Methods” in Concepts and Methods of the U.S. National Income and Product Accounts, 4-8 and 4-9. 5. For additional information, see “Estimating Methods,” 4-9 and FAQ 519 “What is the retail-control method?” at faq.bea.gov. 6. For additional information, see “Estimating Methods,” 4-11. 7. For details, see “Chapter 9: Government Consumption Expenditures and Gross Investment.” ITA revisions; see Barbara H. Berman and Jeffrey R. Bogen “Annual Revi sion of the U .S . International Transactions Accounts” S u r v e y 93 (July 2013): 43-54. 9. Quarterly estimates are presented in NIPA underlying detail table 4.3BU. 10. For the real estimates, the distinction between annual and quarterly methodologies is less important than it is for the current-dollar estimates. For the relatively few cases in which the annual and quarterly source data differ, the major differences are noted. Tables 1 and 2 follow. 8 Summary of NIPA Methodologies November 2013 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 ro s s d o m e s tic p ro d u c t o f $ 1 6 ,2 4 4 .6 b illio n fo r 2 0 1 2 Personal con sum ption exp en d itu res ($11,149.6 billion) Goods ($3,769.7 billion) Durable goods ($1,202.7 billion) Motor vehicles and parts ($401.7 billion) Furnishings and durable household equipment ($275.1 billion) Recreational goods and vehicles ($334.5 billion) Other durable goods ($191.3 billion) Benchmark years. For new motor vehicles, physical quantity purchased For new motor vehicles, same as times average retail price: unit sales, information to allocate sales among the annual estimates for other consumers and other purchasers, and average transactions prices that years. For net transactions, reflect all discounts and customer rebates, all from trade sources. For net extrapolated by retail sales of transactions, residual based on net sales by other sectors. For dealers’ used vehicle dealers from margins, retail sales from Census Bureau quinquennial census and Census Bureau monthly survey margin rates from Census Bureau annual survey of retail trade (ARTS). of retail trade. For dealers’ For motor vehicle parts and accessories, commodity-flow method, margins, same as the annual starting with manufacturers’ shipments from Census Bureau estimates for the most recent quinquennial census, including an adjustment for exports and imports year and judgmental trend. For from Census Bureau foreign trade data. motor vehicle parts and Other years except the most recent year. For new motor vehicles, same as accessories, same as the the benchmark years. For net transactions, change in consumer stock of annual estimates for the most motor vehicles from trade sources. For dealers’ margins, for franchised recent year. 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 new motor vehicles and for net transactions, same as the annual estimates for other years. 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. Benchmark years. Commodity-flow method, starting with manufacturers’ Same as the annual estimates for shipments from Census Bureau quinquennial census, including an the most recent year. 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. Benchmark years. Commodity-flow method, starting with manufacturers’ Same as the annual estimates for shipments from Census Bureau quinquennial census, including an the most recent year. 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. Benchmark years. Commodity-flow method, starting with manufacturers’ Same as the annual estimates for shipments from Census Bureau quinquennial census, including an the most recent year. 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. Nondurable goods ($2,567.0 billion) Food and beverages purchased for offpremises consumption ($863.3 billion) See the footnotes at the end of the table. Benchmark years. 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. For food produced and consumed on farms, USDA data. Other years except the most recent year. Retail-control method, using retail sales from Census Bureau ARTS. For food produced and consumed on farms, same as for benchmark years. Most recent year. Retail-control method, using Census Bureau monthly survey of retail trade. For food produced and consumed on farms, same as for benchmark years. For food produced and consumed on farms, judgmental trend. For all others, same as the annual estimates for the most recent year. November 2013 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 Clothing and footwear ($354.6 billion) Gasoline and other energy goods ($417.0 billion) Other nondurable goods ($932.1 billion) See the footnotes at the end of the table. 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 Benchmark years. For standard clothing issued to military personnel, data For standard clothing issued to from OMB’s Budget of the United States. For all others, commodity-flow military personnel, judgmental trend. For all others, same as method, starting with manufacturers’ shipments from Census Bureau the annual estimates for the quinquennial census, including an adjustment for exports and imports most recent year. 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, retailcontrol 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 gasoline and other motor fuels, merchandise line Same as the annual estimates for the most recent year. data on receipts of automotive fuels from Census Bureau quinquennial census. 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 nondiesel gasoline, quantity shipments from the Energy Information Administration (EIA) times average retail price from BLS. For diesel gasoline, data from BLS consumer expenditure survey. For lubricants and fluids, manufacturers’ shipments Census Bureau annual survey. For fuel oil and other fuels, retail-control method, using Census Bureau ARTS. Most recent year. For nondiesel gasoline, same as other years. For diesel gasoline, quantity shipments from EIA times average retail price from BLS. For lubricants and fluids, quantity shipments from EIA times CPI for motor oil, coolants, and fluids. For fuel oil and other fuels, retail-control method, using Census Bureau monthly survey of retail trade. Benchmark years. For prescription drugs, Census Bureau quinquennial For expenditures abroad by U.S. residents (net), same as for product-line data on retail sales for prescription drugs. For expenditures benchmark years. For all others, abroad by U.S. residents (net), BEA international transactions accounts. same as the annual estimates For all others, commodity-flow method, starting with manufacturers’ for the most recent year. 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 consumers from a trade source. For tobacco, quantity shipped times consumer price: quantity shipments data from the U.S. Department of the 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, retailcontrol method, using Census Bureau monthly survey of retail trade. 10 Summary of NIPA Methodologies November 2013 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 Component Current quarterly estimates: Source data and methods used to prepare an extrapolator1 Services ($7,379.9 billion) Household consumption expenditures (for services) ($7,089.4 billion) Housing and utilities Benchmark years. For rental value of nonfarm dwellings, data on ($2,013.9 billion) housing stock and average annual rent from Census Bureau decennial census of housing and survey of residential finance, adjusted for utilities included in rent. For rental value of farm dwellings, USDA data on gross rental value of farm dwellings. For electricity and natural gas, variation of commodity-flow method, using annual residential revenue from EIA. For all others, commodity-flow method, starting with receipts from Census Bureau quinquennial census and annual surveys of state and local governments, adjusted to a calendar year basis from a fiscal year basis. Other years except the most recent year. For rental value of nonfarm dwellings, data from Census Bureau biennial American housing survey or data on the number of housing units from Census Bureau monthly current population survey and BLS CPI for rent. For rental value of farm dwellings and for electricity and gas, same as for benchmark years. For garbage and trash collection, receipts from Census Bureau services annual survey. 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 receipts ($1,847.6 billion) from Census Bureau quinquennial census and census of governments. Other years. Receipts from Census Bureau services annual survey, annual surveys of state and local governments, adjusted to a calendar year basis from a fiscal year basis and judgmental trend. Transportation services ($318.1 billion) Benchmark years. For air transportation, commodity-flow method, starting with passenger revenue data from the Bureau of Transportation Statistics. For all others, commodity-flow method, starting with receipts from Census Bureau quinquennial census, BLS consumer expenditure survey, and trade sources. Other years. For air transportation, same as benchmark years. For all others, receipts from Census Bureau services annual survey, ARTS, and trade sources. Recreation services ($416.6 billion) Benchmark years. Commodity-flow method, starting with receipts from Census Bureau quinquennial census, census of governments, and trade sources. Other years. Receipts from Census Bureau services annual survey, annual surveys of state and local governments, adjusted to a calendar year basis from a fiscal year basis, ARTS, and judgmental trend. See the footnotes at the end of the table. For housing, unit stock adjusted using Census Bureau data on housing completions and judgmental trend. For average rent, BLS CPI for rent. For garbage and trash collection, advance and second estimates, judgmental trend; third estimate, receipts from Census Bureau quarterly services survey. For electricity and gas, EIA data on kilowatthour sales and on cents per kilowatt hour of electricity to residential customers and on cubic-feet sales and cents per cubic foot of gas to residential customers, both adjusted from a billing to a usage basis. For all others, judgmental trend. For government hospitals, judgmental trend. For all others, 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 motor vehicle maintenance and repair, for motor vehicle rentals, for taxicabs, for other road transportation, and for water transportation, advance and second estimates, judgmental trend; third estimate, receipts from Census Bureau quarterly services survey. For intercity buses, advance and second estimates, trade source data; third estimate, receipts from Census Bureau quarterly services survey. For intracity mass transit, advance and second estimates, trade source data; third estimate, receipts from Census Bureau quarterly services survey. For all others, trade sources and judgmental trend. For membership clubs, sports centers, parks, theaters and museums (except motion picture theaters), for cable television, for repair of audio-visual equipment, for pari-mutuel net receipts, and for package tours, advance and 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. November 2013 11 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 Food services and accommodations ($701.7 billion) Financial services and insurance ($821.0 billion) Other services ($970.4 billion) Final consumption expenditures of nonprofit institutions serving households ($290.5 billion) Annual estimates: Source data and methods used to determine level for benchmark and other years or used to prepare an extrapolator or interpolator For food services, monthly food services Benchmark years. Commodity-flow method, starting with receipts sales from Census Bureau monthly survey from Census Bureau quinquennial census, census of governments, of retail trade and food services. For all and federal government agency data. others, trade source and judgmental trend. Other years. Receipts from Census Bureau ARTS, annual surveys of state and local governments, adjusted to a calendar year basis from a fiscal year basis, trade sources, and judgmental trend. Benchmark years. For insurance services, trade sources. For all For financial service charges and fees and for trust, fiduciary, and custody activities, others, commodity-flow method, starting with receipts from Census advance and second estimates, judgmental Bureau quinquennial census, and data from federal and state trend; third estimate, Federal Deposit government administrative agencies and from trade sources. Insurance Corporation Call Report data. Other years. For insurance services, same as benchmark years and judgmental trend. For all others, Census Bureau services annual For financial services furnished without payment, advance and second estimates, survey, federal and state government administrative data, and trade sources. judgmental trend; third 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. For telephone services, for other delivery Benchmark years. For net foreign travel, estimated as part of the services, for internet service providers, for international transactions accounts, see the entry “Exports and commercial and vocational schools, for day imports of services” under “Net exports of goods and services.” For care and nursery school, for legal services, all others, commodity-flow method, starting with receipts from for nonprofit professional associations Census Bureau quinquennial census, census of governments, and services, for funeral services, for personal trade sources. care and clothing services, for child care, Other years. For net foreign travel, same as benchmark years. For all for individual and family services, for others, receipts from Census Bureau services annual survey, trade vocational rehabilitation services, for sources, annual survey of state and local government finances, and judgmental trend. community 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. Benchmark years. For gross output of nonprofit institutions, For gross output of health services, for operating expenses from Census Bureau quinquennial census for recreation services, for nonprofit tax-exempt and religious organizations and trade source. commercial and vocational schools, for Other years. For gross output of nonprofit institutions, operating nonprofit day care and nursery schools, for nonprofit child care providers, for nonprofit expenses from Census Bureau annual survey for tax-exempt individual and family services, for nonprofit organizations and trade sources. 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. Current quarterly estimates: Source data and methods used to prepare an extrapolator1 12 Summary of NIPA Methodologies November 2013 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 Fixed investm ent ($2,409.1 billion) Nonresidential structures ($437.3 billion) Commercial and health care ($103.2 billion) Manufacturing ($45.8 billion) Power and communication ($100.5 billion) Mining exploration, shafts, and wells ($125.5 billion) Other structures ($62.3 billion) Benchmark years. BEA’s benchmark input-output accounts. Other years. Construction spending (value put in place) from Census Bureau monthly construction survey. Construction spending (value put in place) from Census Bureau monthly construction survey. Same as the annual estimates for other years. Same as the annual estimates. Construction spending (value put in place) from Census Bureau monthly Same as the annual estimates. construction survey. Benchmark years. Expenditures from Census Bureau quinquennial For petroleum and natural gas, average physical quantity times census. Other years except the most recent year. For petroleum and natural gas, average price, weighted physical quantity times average price, footage drilled completions from a average of footage drilled trade source, composite index of BLS PPIs for oil and gas wells and for completions and of rotary rig oil and gas field services, and base-year cost per footage drilled from counts from trade sources, and Census Bureau annual capital expenditures survey, and footage drilled weighted average of BLS PPIs from a trade source. For other mining, expenditures from Census Bureau for oil and gas wells and for oil annual capital expenditures survey. and gas field services. For mining, same as the annual Most recent year. For petroleum and natural gas, physical quantity times average price, footage drilled from a trade source, composite index of estimates for the most recent year. BLS PPIs, base-year cost per footage drilled from a trade source, footage drilled completions from a trade source, and judgmental trend. For mining, BEA data on private investment in mining equipment. Benchmark years. BEA’s benchmark input-output accounts. Same as the annual estimates for Other years. Construction spending (value put in place) from Census other years. Bureau monthly construction survey. Nonresidential equipm ent ($907.6 billion) Benchmark years. Commodity-flow method, starting with manufacturers’ Equipment except new shipments from Census Bureau quinquennial census, including an autos, new light trucks, and net purchases of used adjustment for exports and imports from Census Bureau foreign trade data. autos and used light trucks Other years except the most recent year. Abbreviated commodity-flow ($787.3 billion) method, starting with manufacturers’ shipments from Census Bureau annual survey, adjusted for exports and imports. Most recent year. For computers, manufacturers’ shipments from Census Bureau monthly survey of manufactures 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 monthly survey of manufactures, adjusted for exports and imports. New autos, new light trucks, See the entry “Motor vehicles and parts” under “Personal consumption expenditures.” and net purchases of used autos and used light trucks ($120.3 billion) Same as the annual estimates for the most recent year but with less detail. See the entry under “Personal consumption expenditures.” N o n residential intellectual property products ($625.0 billion) Software ($281.6 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 services 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. For purchased software, ad vance and second estimates, receipts from company reports to the Securities and Exchange Commission; third estimate, receipts from Census Bureau quarterly services survey. For own-account software, BLS monthly current employment statistics for select industries. Research and development ($269.1 billion) Benchmark years. National Science Foundation (NSF) data and BEA’s benchmark input-output accounts. Other years. NSF data adjusted for software overlap, imports and exports, and capital consumption adjustment. For business research and development (R&D), advance estimate, BLS monthly current employment statistics for select industries; second and third estimates, R&D expenses from publicly traded corporations financial statements. For academic R&D, BLS monthly current employment statistics for education industry. See the footnotes at the end of the table. November 2013 13 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 Entertainment, literary, and artistic originals ($74.3 billion) Annual estimates: Source data and methods used to determine level for benchmark and other years or used to prepare an extrapolator or interpolator Benchmark years. BEA’s benchmark input-output accounts. Other years. Revenues from Census Bureau services annual survey, adjusted for nonartwork costs. Current quarterly estimates: Source data and methods used to prepare an extrapolator1 For movies, advance and second estimates, judgmental trend. For television, advance and second estimates, BLS monthly current employment statistics for select industries. For all others, advance and second estimates, BLS monthly current employ ment statistics for select indus tries and judgmental trend. For all components, third estimates, revenues from Census Bureau quarterly services survey. Residential investm ent ($439.2 billion) Permanent-site new single family structures ($132.0 billion) Construction spending (value put in place) based on phased housing starts and average construction cost from Census Bureau monthly construction survey. Same as the annual estimates. Permanent-site new multi family structures ($22.2 billion) Manufactured homes ($5.1 billion) Construction spending (value put in place) from Census Bureau monthly construction survey. Same as the annual estimates. Improvements ($163.9 billion) Brokers’ commissions and other ownership transfer costs ($106.9 billion) Equipment ($9.0 billion) Benchmark years. See the entry “Equipment except new autos, new light Same as the annual estimates for trucks, and net purchases of used autos and used light trucks” under other years. “Nonresidential equipment.” 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 Census Retail sales of building materials Bureau construction survey. and garden supply stores from Others years. A weighted 3-year moving average of the improvements Census Bureau monthly survey estimates from Census Bureau construction spending (value put in of retail trade and earnings data from BLS monthly current place) survey. employment statistics. Physical quantity of houses sold For brokers’ commissions on sale of structures and of land, physical quantity of houses sold times mean sales price, number of new single times mean sales price times family houses sold and average sales price from Census Bureau monthly BEA estimate of average commission rates for sale of survey of construction, and number of existing houses sold and average new and existing houses; sales price from a trade source. For stamp taxes, state and local government annual document stamp taxes from Census Bureau annual number of single-family houses survey of government finances. For title insurance, operating revenue sold and mean sales price from Census Bureau monthly survey and loss adjusted expense data from a trade source. For all other closing of construction and from a trade costs, number of new and existing single-family houses sold and their associated average sales price from Census Bureau monthly survey of source. construction and from a trade source weighted by BEA estimate of average commission rates. See the entry “Furnishings and durable household equipment” under Same as the annual estimates. “Personal consumption expenditures.” C h an g e in private inventories ($66.1 billion) Farm (-$11.7 billion) USDA change in inventories adjusted to exclude Commodity Credit Corporation (CCC) forfeitures and to include net CCC loans at market value. Manufacturing and trade ($62.5 billion) Benchmark years. Inventories from Census Bureau quinquennial census and annual surveys revalued to current replacement cost, 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. For auto retail dealers, an average of quantities times average prices from trade sources and of retail inventories from Census Bureau annual surveys minus half of manufacturing and merchant wholesale inventories from Census annual surveys; for all others, inventories from Census Bureau annual surveys, revalued as described above. Most recent year. Inventories from Census Bureau monthly surveys and trade sources, revalued as described above. See the footnotes at the end of the table. For crops, BEA quarterly allocation of USDA annual projections of crop output and cash receipts. For livestock, USDA quarterly data. Same as the annual estimates for the most recent year. 14 Summary of NIPA Methodologies November 2013 Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues Component Mining, utilities, construc tion, and other nonfarm industries ($15.3 billion) Annual estimates: Source data and methods used to determine level for benchmark and other years or used to prepare an extrapolator or interpolator Current quarterly estimates: Source data and methods used to prepare an extrapolator1 Benchmark years. Mining and construction inventories from Census Bureau quinquennial census, publishing inventories from the Census Bureau services annual survey, revalued to current replacement cost as described above for “Manufacturing and trade.” Other years except the most recent year. For publishing inventories, same as the annual estimates for benchmark years. For all others, IRS tabulations of business tax returns, revalued as described above. Most recent year. For mining and publishing inventories, Census Bureau quarterly financial report of corporations, revalued as described above. For electric utilities, monthly physical quantities from EIA combined with BLS producer price indexes. For all others, judgmental trend. For mining and publishing inventories, advance estimates, judgmental trend; second and third estimates, same as the annual estimates for most recent year. For electric utilities, same as the annual estimate for the most recent year. For all others, judgmental trend. N et exp orts of goo ds and services (-$ 5 4 7 .2 billion) Exports and imports of goods, net (-$759.4 billion) Exports and imports of services, net ($212.2 billion) Estimated as part of the international transactions accounts: export and import documents compiled monthly by the Census Bureau with adjustments by BEA for 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. Estimated as part of the international transactions accounts: for government transactions, reports by federal agencies on their 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-of-payments 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”). 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. G o vern m en t con sum ption exp en d itu re s and gross investm ent ($3,167.0 billion) Federal governm ent ($1,295.7 billion) National defense except consumption of general government fixed capital ($656.1 billion) National defense consumption of general government fixed capital ($161.1 billion) Nondefense except consumption of general government fixed capital ($384.3 billion) Nondefense consumption of general government fixed capital ($94.3 billion) See the footnotes at the end of the table. Within a control total established by fiscal year analysis: for compensation, For components of compen sation, military employment military wages from OMB’s Budget of the United States, civilian wages from BLS tabulations from the quarterly census of employment and from DOD and civilian wages (QCEW), civilian benefits from the Office of Personnel employment from BLS and Management (OPM), and employer contributions for federal employee projections from military and retirement plans from military and civilian plan actuarial reports; for other civilian actuarial reports. For than compensation by type, based mainly on data from Department of other than compensation, same Defense (DOD) reports; for research and development, data from as the annual estimates. For National Science Foundation (NSF) and from OMB’s Budget; for software, see the entry under software, see the entry under “Nonresidential intellectual property “Nonresidential intellectual products.” property products.” Perpetual-inventory method, based on gross investment estimates and on Same as the annual estimates. investment prices. Within a control total established by fiscal year analysis: for compensation, For components of compen civilian wages from BLS tabulations from the QCEW, civilian benefits sation, employment from BLS from OPM, and employer contributions for federal employee retirement and projections from civilian pension plan actuarial reports. plans from civilian actuarial reports; for CCC inventory change, book values of acquisitions and physical quantities of dispositions from agency For software, see the entry reports times average market prices from USDA; for petroleum sales, under “Nonresidential distribution and price data from the Department of Energy; for research intellectual property products.” and development, data from NSF and from OMB’s Budget; for For all others, same as the construction, construction spending (value put in place) from Census annual estimates. Bureau monthly construction survey; for software, see the entry under “Nonresidential intellectual property products.” For financial services furnished without payment, see the entry “Banks, credit agencies, and investment companies” under “Net interest and miscellaneous payments.” For all others, outlays from the Monthly Treasury Statement. Perpetual-inventory method, based on gross investment estimates and on Same as the annual estimates. investment prices. November 2013 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 State and local governm ent ($1,871.3 billion) Consumption expenditures and gross investment except those items listed below ($305.6 billion) Compensation of general government employees ($1,178.5 billion) Consumption of general government fixed capital ($178.8 billion) Structures ($262.7 billion) Intellectual property products ($31.2 billion) All years except the 3 most recent years. Total expenditures from Census Judgmental trend. Bureau census of governments and annual surveys of state and local governments, selectively replaced with source data that are more appropriate for the NIPAs and adjusted for coverage, for netting 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. For wages and salaries, BLS tabulations from the QCEW. For employer For wages and salaries, BLS contributions for government social insurance, tabulations from the Social monthly employment times earnings from BLS employment Security Administration and other agencies administering social insurance programs. For employer contributions for employee pension cost index. For other plans, actuarial reports from state pension plans. For other insurance compensation, judgmental plans, data from trade sources, CMS, and Census Bureau annual trend. 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 on Same as the annual estimates. investment prices. 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. See the entries for “Software” and for “Research and development” under “Nonresidential intellectual property products.” Brokerage charges and See the entry “Financial services and insurance” under “Personal financial services furnished consumption expenditures.” without payment ($10.3 billion) Construction spending (value put in place) from Census Bureau monthly construction surveys. See the entries for “Software” and for “Research and development” under “Nonresidential intellectual property products.” See the entry “Financial services and insurance” under “Personal consumption expenditures.” G ro s s d o m e s tic in c o m e o f $ 1 6 ,2 6 1 .6 b illio n fo r 2 0 1 2 C o m p en satio n o f em ployees, paid ($8,620.0 billion) Wage and salaries ($6,935.1 billion) Private industries ($5,737.8 billion) For most industries, BLS tabulations from the QCEW. For others, wages from a variety of sources (such as USDA for farms and the Railroad Retirement Board for railroad transportation), adjusted for understatement of income on tax returns and for coverage differences. Federal government ($328.0 billion) For civilians, wages from BLS tabulations from the QCEW adjusted for coverage differences; for military personnel, wages from OMB’s Budget State and local government ($869.3 billion) BLS tabulations from the QCEW adjusted for coverage differences. of the United States, For most industries, wages and salaries derived from BLS monthly employment times earnings times hours. For others, judgmental trend. For civilians, employment from BLS and judgmental trend. For military personnel, DOD employment and judgmental trend. Derived from BLS employment times earnings from BLS employment cost index. Employer contributions for employee pension and insurance funds ($1,170.6 b illion)3 Private pension plans ($218.0 billion) Government employee pension plans ($262.8 billion) See the footnotes at the end of the table. Defined contribution plans Judgmental trend. All years except the 2 most recent years. Tabulations from Department of Labor. Two most recent years. Judgmental trend. Defined benefit plans All years except the most recent. Tabulations from Pension Benefit Guaranty Corporation and corporate financial data Most recent year. Judgmental trend. All years except the most recent year. For federal defined benefit plans, For federal plans, judgmental actuarial reports for federal retirement plans, adjusted to a calendar year trend. For state and local plans, basis. For federal defined contribution plans, Thrift Savings Plan annual wages and salaries and reports. For state and local government plans, actuarial reports for state judgmental trend. retirement plans. Most recent year. For federal plans, same as all years except the most recent. For state and local government plans, judgmental trend. Summary of NIPA Methodologies 16 November 2013 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 Current quarterly estimates: Source data and methods used to prepare an extrapolator1 All years except the most recent year. For private and for state and local government, employer contributions from CMS. For federal government, premiums paid by the federal government to the Federal Employee Health Benefit Fund from OMB. Most recent year. For private, CMS tabulations. For state and local government, judgmental trend. For federal government, same as all years except the most recent. All years except the most recent year. Group premiums and estimates of employer share from trade sources. Most recent year. Judgmental trend. All years except the most recent year. Employer contributions from trade sources. Most recent year. Judgmental trend. All years. Employer contributions to the Medicare-Eligible Retiree Health Fund from the Monthly Treasury Statement. For private and for state and local government, judgmental trend. For federal government, employment from BLS. Component Group health insurance ($602.5 billion) Group life insurance ($11.7 billion) Workers’ compensation ($64.3 billion) Publicly administered government employee insurance funds ($10.5 billion) Employer contributions for Tabulations from the Social Security Administration and other agencies government social insurance administering social insurance programs. ($514.3 billion) Same as the most recent year. Same as the most recent year. DOD employment. For federal programs, BEAderived wages and salaries of employees covered by the programs. For state and local programs, judgmental trend. Taxes on produ ction and im p orts ($1,122.9 billion) Federal government ($118.0 billion) For excise taxes, collections from the Alcohol and Tobacco Tax and Trade Bureau and from the IRS. For customs duties, receipts from the Monthly State and local government ($1,004.9 billion) Receipts from Census Bureau quinquennial census and annual surveys, adjusted to a calendar year basis from a fiscal year basis. Treasury Statement. 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. For state general sales taxes, advance estimate: state tax collections data; second estimate: Rockefeller Institute of Government sales tax data; third estimate: Census Bureau quarterly tax survey. For all other state sales taxes, advance and second estimates: derived from indicators of activity (such as gasoline sales for gasoline sales tax); third estimate: Census Bureau quarterly tax survey and indicators of activity. For all others, advance and second estimates: judgmental trend; third estimate: Census Bureau quarterly tax survey and judgmental trend. Less: S u b sid ies ($57.3 billion) Federal government ($56.8 billion) State and local government ($0.5 billion) See the footnotes at the end of the table. For agricultural subsidy payments, data from USDA reports. For all others, data from OMB’s Budget of the United States. For railroad and electric power, Census Bureau annual surveys of expenditures adjusted to a calendar year basis from a fiscal year basis and California administrative records. USDA reports and judgmental trend. Judgmental trend and California administrative records. November 2013 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 Current quarterly estimates: Source data and methods used to prepare an extrapolator1 Net o p eratin g surplus ($4,033.2 billion) Private enterprises ($4,060.9 billion) Net interest and m iscellaneous payments, dom estic industries ($597.4 billion) Domestic monetary interest, net (-$51.3 billion) Derived by combining estimates All years except the most recent year. For farm interest paid, USDA of (1) interest received by surveys. For residential mortgage interest paid, mortgage debt from FRB persons, (2) government times a BEA interest rate. For most other interest paid and received by interest paid less received, and business, IRS tabulations of business tax returns, adjusted for (3) interest paid by persons. For misreporting on tax returns and for conceptual differences. (1), judgmental trend. For (2), Most recent year. For farm and mortgage interest paid, same as all years data from the Monthly Treasury except the most recent. For other interest, interest receipts and payments Statement and the Bureau of from regulatory agencies (such as the Federal Deposit Insurance the Public Debt for federal and Corporation), from trade sources, or derived by applying BEA interest judgmental trend for state and rates to interest-bearing assets/liabilities from FRB flow of funds local; and for (3), for margin accounts. 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. Domestic imputed interest, net ($627.2 billion) Banks, credit agencies, and investment companies ($231.5 billion) Depositor services ($206.7 billion) Borrower services ($24.8 billion) Life insurance carriers ($234.6 billion) Property and casualty insurance companies ($6.0 billion) Employee pension plans ($155.1 billion) All years. For commercial banks, FRB tabulations of Federal Financial Institutions Examination Council (FFIEC) Call Reports used to calculate the interest rate spread between a risk-free reference rate and the average interest rate paid to depositors times the average balance of deposits. Depositor services allocated to persons, to government, and to the rest of the world on the basis of deposit liabilities from FRB. For credit agencies and investment companies, property income earned on investment of deposits less monetary interest paid to depositors (and for mutual depositories, profits from IRS tabulations of business tax returns) from annual reports of regulatory agencies and FRB. Depositor services allocated to persons, to government, and to the rest of the world on the basis of deposit liabilities from FRB. All years. For commercial banks, data from FRB tabulations of FFIEC Call Reports used to calculate the interest rate spread between the average rate paid by borrowers and the reference rate times the average balance of borrowers. All years. Property income earned on investment of policyholders’ reserves from trade source. All years. Expected investment income derived using premiums earned and investment gains from trade source. For commercial banks, advance estimate, judgmental trend; for second and third estimates, same as annual estimates. For investment companies, advance estimate, judgmental trend; for second and third estimates, mutual fund data from a trade source. For all others, judgmental trend. For advance estimate, judgmental trend. For second or third estimates, same as annual estimates for commercial banks. Judgmental trend. Judgmental trend. All years except the most recent year. For private defined benefit pension Same as most recent year. plans, tabulations from the Pension Benefit Guaranty Corporation. For federal defined benefit pension plans, actuarial reports for federal retirement plans, adjusted to a calendar year basis. For state and local government defined benefit pension plans, actuarial reports for state retirement plans, Most recent year. For private defined benefit pension plans, judgmental trend. For federal defined benefit pension plans, same as all years except the most recent year. For state and local government defined benefit pension plans, judgmental trend. Miscellaneous payments ( >21.5 billion) All years. Receipts from land and mineral leasing, Combined Statement of For offshore leases, projections of Federal government receipts from OMB Budget; for Receipts and Expenditures, U.S. Department of the Treasury. rents and royalties land and onshore mineral ($9.6 billion) leasing, data from the Monthly Treasury Statement. State and local govern ment rents and royal ties ($11.9 billion) See the footnotes at the end of the table. All years except the 3 most recent years. Census Bureau census of governments and annual surveys of state and local governments. The 3 most recent years. Judgmental trend. Same as the annual estimates for the 3 most recent years. 18 Summary of NIPA Methodologies November 2013 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 Business current transfer paym ents (net) ($106.9 billion) To persons (net) ($41.4 billion) To government (net) ($70.6 billion) To the rest of the world (net) (-$5.1 billion) All years except the most recent year. For payments to persons for Same as the annual estimates for charitable contributions, IRS tabulations of business tax returns. 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. and local, receipts from Census Bureau quinquennial census of governments and from annual surveys, adjusted to a calendar year basis from a fiscal year basis and net insurance settlements, as described above. Estimated as part of the international transactions accounts. Same as the annual estimates. Proprietors’ incom e with inventory valuation and capital consum ption adjustm ents ($1,224.9 billion) Farm proprietors’ income with inventory valuation adjustment ($81.3 billion) USDA data on net income, obtained by deriving gross income (cash receipts from marketing, inventory change, government payments, other cash income, and nonmoney income) and subtracting production expenses, adjusted to exclude corporate income based on USDA quinquennial census and annual survey data. Farm capital consumption adjustment (-$5.9 billion) See the entry “Less: capital consumption adjustment” under “Consumption of fixed capital.” Nonfarm proprietors’ income ($1,004.9 billion) All years except the most recent year. Income from IRS tabulations of 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. See the entry “Inventory valuation adjustment” under “Corporate profits.” Same as the annual estimates for the most recent year. See the entry “Less: capital consumption adjustment” under “Consumption of fixed capital.” See the entry under “Consumption of fixed capital.” Nonfarm inventory valuation adjustment (-$1.6 billion) Nonfarm capital consumption adjustment ($146.2 billion) See the footnotes at the end of the table. For crops, BEA quarterly allocation of USDA annual projections of crop output. For iivestock, USDA quarterly projections of cash receipts and inventories. For both crops and livestock, quarterly allocation of USDA annual projections of government subsidy payments and production expenses. See the entry under “Consumption of fixed capital.” See the entry under “Corporate profits.” November 2013 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 Current quarterly estimates: Source data and methods used to prepare an extrapolator1 Rental incom e of persons with capital consum ption adjustm ent ($541.2 billion) Owner-occupied nonfarm housing ($361.7 billion) Tenant-occupied nonfarm housing ($139.9 billion) Owner-occupied farm housing ($5.6 billion) Tenant-occupied farm housing ($7.2 billion) Nonfarm nonresidential properties ($0.1 billion) Royalties ($26.7 billion) Benchmark years. Derived as imputed rental of nonfarm housing (see the For imputed rental of owneroccupied housing, same as the entry “Housing and utilities” under “Personal consumption expenditures”) annual estimates. For less related expenses, including property insurance from a trade source, depreciation, interest, mortgage interest (mortgage debt from FRB times a BEA interest rate), financing-related closing costs, and property taxes from Census Bureau annual surveys of state and local and taxes, NIPA estimates of government tax collections. those components. For other Other years. Same as benchmark years. expenses, judgmental trend. Same as owner-occupied Benchmark years. Derived as actual value of housing less related nonfarm housing. 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. Benchmark years. Derived as imputed rental of farm housing (see the entry Judgmental trend. “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, 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. Judgmental trend. Benchmark years. For farm housing owned by farm operator landlords, 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. Judgmental trend. Benchmark years. Nonfarm nonresidential fixed assets from BEA capital 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. All years except the most recent year. IRS tabulations of royalties reported Same as the annual estimates for the most recent year. on individual income tax returns. Most recent year. Judgmental trend. C o rp o rate profits w ith inventory valuation and capital co n sum ption ad justm ents, d o m estic industries ($1,590.5 billion) Domestic profits before tax ($1,771.1 billion) See the footnotes at the end of the table. All years except the most recent year. Receipts less deductions from 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. 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.) 20 Summary of NIPA Methodologies November 2013 Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Table Ends Component Inventory valuation adjustment (IVA) (-$10.0 billion) Capital consumption adjustment (-$170.5 billion) Annual estimates: Source data and methods used to determine level for benchmark and other years or used to prepare an extrapolator or interpolator The IVA on the income side (for corporations and for nonfarm sole proprietorships and partnerships) and the IVA on the product side (see the entry “Change in private inventories”) differ because the source data reflect different proportions of inventories reported using different accounting methods (such as last-in-first out (LIFO)). The income-side IVA is based on the product-side IVA, adjusted by the relationship between non-LlFO inventories from IRS tabulations of business tax returns and non-LlFO inventories from the Census Bureau. See the entry “Less: Capital consumption adjustment” under “Consumption of fixed capital.” Current quarterly estimates: Source data and methods used to prepare an extrapolator1 Same as the annual estimates. See the entry under “Consump tion of fixed capital.” C u rren t surplus of g o vern m en t en terp rises (-$ 2 7 .7 billion) Federal government (-$13.4 billion) State and local government (-$14.3 billion) Mainly reports of various agencies, such as the Postal Service, and consumption of fixed capital (CFC) estimates derived with perpetual inventory calculations at current cost, based on gross investment estimates and on investment prices. For current operating receipts, mainly revenue data from Census 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.” For CFC estimates, same as the annual estimates. For all others, judgmental trend. Judgmental trend. C o n su m p tio n of fixed cap ital ($2,542.9 billion) Governm ent ($493.6 billion) General government ($434.2 billion) Government enterprises ($59.4 billion) Perpetual-inventory method, based on gross investment estimates and on investment prices. Perpetual-inventory method, based on gross investment estimates and on investment prices. Same as the annual estimates. Perpetual-inventory method, based on gross investment estimates and on investment prices. All years except the most recent year. For depreciation of corporations and of nonfarm sole proprietorships and partnerships, IRS tabulations of business tax returns, adjusted for conceptual 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. The difference between capital consumption allowances and consumption of fixed capital. Same as the annual estimates. Perpetual-inventory method, based on gross investment estimates and on investment prices. Same as the annual estimates. Same as the annual estimates. Private ($2,049.3 billion) Domestic business ($1,639.4 billion) Capital consumption allowances ($1,595.0 billion) Less: Capital consumption adjustment (-$44.4 billion) Households and institutions ($409.9 billion) BEA BLS CMS CPI EIA FRB GDP Bureau of Economic Analysis Bureau of Labor Statistics Centers for Medicare and Medicaid Service C onsum er price index Energy Information Administration Federal Reserve Board Gross domestic product IRS Internal Revenue Service NIPAs National income and product accounts NOAA National Oceanic and Atm ospheric Administration Perpetual inventory calculations based on investment at acquisition cost. Same as the annual estimates. 0 M B Office of Management and Budget USDA U.S. Departm ent of Agriculture 1. For most components, information about the advance quarterly estimates is provided. In addi tion, major source data that become available during the second or third quarterly estimates for particular NIPA com ponents are also noted. 2. Residential investment includes $2.9 billion for dorm itories and -$ 2 .9 billion for net purchases of used structures. 3. Employer contributions for employee pension and insurance funds includes $0.9 billion for supplemental unemployment. November 2013 21 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 Component CPI or PPI Other index Using quantity for extrapolation or direct valuation Personal consum ption expenditures Goods Durable goods Motor vehicles and parts Furnishings and durable household equipment Recreational goods and vehicles Other durable goods Nondurable goods Food and beverages purchased for off-premises consumption Clothing and footwear Gasoline and other energy goods Other nondurable goods 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 CPI CPI CPI CPI PPI, for standard clothing issued to military personnel. CPI CPI BEA installation support services price index, for expenditures abroad by U.S. residents. Services Household consumption expenditures (for services) Housing and utilities Health care Transportation services Recreation services Food services and accommodations Financial services and insurance See the footnotes at the end of the table. CPI Quantity extrapolation. Chaineddollar net stock of farm housing from BEA capital stock estimates. 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, homeowner’s insurance, direct health and medical insurance carriers, private passenger auto insurance, and workers’ compensation. BEA composite index of prices, for Quantity extrapolation. BLS index of total output (less BEA estimates financial services furnished of real bank service charges) without payment by other times consumer share based on financial institutions,1 life deposits and loans, for banks. insurance, and portfolio BEA transactions derived from management services. volume data from a trade source, for investment companies’ charges. BLS banking output index, for trust, fiduciary, and custody activities. 22 Summary of NIPA Methodologies November 2013 Table 2. Methodology Used in Preparing Estimates of Real GDP—Continues Component Other services Final consumption expenditures of nonprofit institutions serving households Deflation, using price based on CPI or PPI Other index Using quantity for extrapolation or direct valuation CPI BEA composite index of prices, for PPI, for employment social assistance services, labor agency services and organization dues, and for net international foreign travel. scheduled passenger BLS import price index for revenue. passenger fares for foreign travel. BEA composite index of input prices for gross output of nonprofit categories. Fixed investm ent N onresidential structures Commercial and health care PPI, for office buildings, warehouses, and mobile structures. Manufacturing PPI, for industrial buildings. PPI, for steel pipes and tubes. Power and communication 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 Bureau price index for single source, for drilling. 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. N o nresidential eq u ip m en t Equipment except those listed below New autos, new light trucks, and net purchases of used autos and used light trucks Telephone and telegraph installation Telephone switching equipment Data communications equipment Wireless communications equipment Carrier line equipment Photocopying equipment See the footnotes at the end of the table. PPI, for most domestic BLS import price indexes, for components and for imported components except imported transportation equipment. transportation equipment. CPI, for new autos and new light trucks. BEA cost index. FRB price index for telephone switching equipment. FRB price index for data networking equipment. FRB price index for wireless networking equipment. FRB price index for carrier line equipment. BEA price index. Direct valuation. For used autos and used light trucks, see the entry “Motor vehicles and parts” under “Personal consumption expenditures.” November 2013 23 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 Component CPI or PPI Other index Using quantity for extrapolation or direct valuation N o nresidential intellectual property products Software PPI, for prepackaged software. Research and development Entertainment, literary, and artistic originals BEA cost index based on BLS employment cost index and on PPI, for own-account and custom software. BEA index based on BLS data on average wages for selected industries. CPI and PPI R esidential investm ent Permanent-site new single-family structures Census Bureau price index for single-family houses under construction. Permanent-site new multifamily structures Manufactured homes Improvements BEA price index. Brokers’ commissions and other ownership transfer costs Equipment PPI 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. PPI CPI Change in private inventories Farm Nonfarm Purchased goods of all industries Work-in-process and finished goods, manufacturing See the footnotes at the end of the table. USDA average market prices. PPI PPI Composite price from the Energy Information Administration (EIA), for crude petroleum; BLS import price indexes, for imported goods purchased by trade industries. BEA indexes of unit labor costs. Direct valuation. Quantities and prices of stocks of coal, petroleum, and natural gas from EIA, for utilities. 24 Summary of NIPA Methodologies November 2013 Table 2. Methodology Used in Preparing Estimates of Real GDP—Continues Deflation, using price based on Component CPI or PPI Other index Using quantity for extrapolation or direct valuation Net exports of goods and services Exports and imports of goods Exports and imports of services PPI for gold, semi Direct valuation. Quantities and BLS export and import price conductor exports, unit-value indexes from monthly indexes; FRB price index, for selected Census Bureau compilations of various communications transportation import data converted to a equipment; unit-value indexes equipment, and balance-of-payments basis, for based on Census Bureau values imports of petroleum. and quantities, for electric energy selected imports of exports and imports. refined petroleum. Quantity extrapolation. BLS index of CPI, for travel receipts, Selected deflators, for military medical receipts, and total bank output (less BEA transfers and defense estimates of real bank service expenditures: see “National nonresident defense except consumption of students’ charges), for exports of financial general government fixed capital” expenditures. services furnished without PPI, for selected other payment;1 premiums deflated by below. BLS export and import transportation. PPI, for exports and imports of price indexes, for passenger fares; BEA composite index of foreign insurance. CPIs,2 for 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. Net exports of goods and services G overnm ent consum ption expenditures and gross investm ent Federal government National defense except consumption of general government fixed capital National defense consumption of general government fixed capital See the footnotes at the end of the table. PPI, for selected goods and services. CPI and PPI, for utilities and communications. BEA indexes based on DOD prices Quantity extrapolation. Full-time equivalent employment by rank paid, for some goods and services and length of service, for military and for most military structures; BLS employment cost indexes, for compensation; full-time equivalent employment by grade, adjusted some services; cost indexes from for change from base year in trade sources and government agencies, for nonmilitary hours worked, for civilian compensation. structures; BEA index derived from nondefense compensation, Direct valuation. Quantities and for own-account software; BEA prices from DOD reports, for some goods and services and a index derived from nondefense few military structures; quantities indexes and input-cost indexes, for research and development; from DOE, for electricity and BEA index derived from natural gas. nondefense compensation price index and PPI, for custom software. Direct valuation. Perpetual inventory calculations based on gross investment. November 2013 S u r v e y o f C u r r e n t B u s in e s s 25 Table 2. Methodology Used in Preparing Estimates of Real GDP—Table Ends Component Deflation, using price based on CPI or PPI Nondefense except consumption of general government fixed capital Other index PPI, for most goods Cost indexes from trade sources and selected and government agencies, for services. structures; BLS employment cost CPI, for rent, utilities, indexes, for some services; BEA and communications. index derived from nondefense compensation, for own-account software; BEA index derived from nondefense indexes and inputcost indexes, for research and development; BEA index derived from nondefense compensation price index and PPI, for custom software. Nondefense consumption of general government fixed capital Using quantity for extrapolation or direct valuation Quantity extrapolation. Full-time equivalent employment by grade, adjusted for change from base year in hours worked, for compensation; BLS index of total bank output (less BEA estimates of real bank service charges), for financial services furnished without payment.1 Direct valuation. Quantities by crop 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 inventory calculations based on gross investment. S tate and local g overnm ent Consumption expenditures and gross investment except those listed below CPI, for services. PPI, for electricity, hospitals, most professional services, and goods. BEA indexes based on federal nondefense prices paid, for transportation, books, and postal services; BEA composite indexes 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. Compensation of general government employees Quantity extrapolation. Full-time equivalent employment by 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. Direct valuation. Perpetual inventory calculations based on gross investment. Consumption of general government fixed capital Structures Intellectual property products Brokerage charges and financial services furnished without payment BEA BLS CPI DOD DOE FRB Bureau of Economic Analysis Bureau of Labor Statistics Consumer price index Departm ent of Defense Departm ent of Energy Federal Reserve Board Cost indexes from trade sources and government agencies. See the entries “Software” and “Research and development” under “Nonresidential intellectual property products.” Quantity extrapolation. See the entry “Financial services and insurance” under “Personal consumption expenditures.” GDP Gross domestic product PPI Producer price index USDA U.S. Departm ent 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. Available online! MARCH 2010 J:' SURVEY OF CURRENT BUSINESS S MONTHLY JOURNAL '■ M i m m NIPA Translation of the Fiscal Year 2011 Federal Budget Preview of the 2010 Comprehensive Revision of the Annual Industry Accounts |H B S3BEA BUREAUOFECONOMICANALYSIS US. DEPARTMENTOFCOMMERCE * %** Jr ■ The online S urvey df C urrent B u s in e s s features ■ The most recent articles ■ Links to interactive tables and charts ■ Search by date for past issues ■ iS i m m www.bea.gov November 2013 27 Research Spotlight Alternative Measures of Implicitly Priced Financial Services of Savings Institutions and Credit Unions By Kyle K. Hood S M easurem ent of financial services in the NIPAs 1. Savings institutions consist of depository institutions chartered as thrift banks and mutual or stock savings banks. Although the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2011 abolished the Office of Thrift Supervision and eliminated some regulatory advantages that thrift banks enjoyed, the thrift charter itself remains intact. Credit unions are member-owned not-for-profit associations that accept deposits from members and make loans (usually) to members. In 2009, sav ings institutions accounted for about 10 percent and credit unions about 8 percent of the approximately $8.9 trillion in deposits at U.S. depository institutions. 2. For example, see Alan Kline, “Thrivent Financial Bank Converting to a Credit Union,” American Banker (January 13, 2012); accessed on October 29, 2012 at www.americanbanker.com. National accounts statisticians have long recognized that the measurement of the financial intermediation services provided by depository institutions requires some special treatm ent because depository institutions generally embed a charge for services in their interest rates. The implicit service charges reduce the rate paid to depositors, who forego some interest in exchange for services, and increase the rates charged to borrow ers. These implicitly priced services include processing of checks and electronic payments, disbursing or transferring funds when and where needed, protecting deposited funds, bookkeeping, bill payment, check cashing, investment services, screening and m onitor ing borrowers, and loan underwriting. In the 2008 Sys tem o f National Accounts (2008 SNA), services for which depository institutions are remunerated through adjustments to interest rates are referred to as “Financial Intermediation Services Indirectly Mea sured,” or FISIM (2008 SNA, paragraph 6.163, 115). In this paper, they will simply be referred to as “implicit services.” Hood (2013) provides an overview of the history of the measurement in the SNA of implicit services of commercial banks. The 1993 System o f National Ac counts recognized that some implicit intermediation services are provided to borrowers, and it measured these services based on the margin between loan rates and a reference rate that represented the bank’s oppor tunity cost of funds. Previously, all of banks’ net inter est income (the difference between the interest receipts and interest payments) had been treated as implicit services consumed by depositors. This reference-rate approach to measuring bor rower and depositor services was implemented in the NIPAs in 2003 (Fixler, Reinsdorf, and Smith 2003), but only the m ethod for estimating the services of com mercial banks was revised. The methods used for sav ings institutions and credit unions continued to treat depositors as the consumers of all of the implicit ser vices. One major effect of the 2003 change in m ethod ology was to reduce implicit services allocated to final uses (the portion that contributes to gross domestic product (GDP)). Whereas deposits are held to a large extent by persons, borrowing is dominated by both corporate and household business (primarily owner- AVINGS INSTITUTIONS, credit unions, and commercial banks all offer a generally similar se lection of financial services, though each differs in the ability to make certain kinds of loans.1 As a result, many personal sector customers of these institutions would likely be unable to identify any distinguishing characteristics. Indeed, savings institutions and com mercial banks sometimes change their charter types (“flip” their charters) without any substantive change in their operations; credit unions may also undergo such a process, and though rare, banks may even con vert to credit unions.2 Nevertheless, in the case of a charter flip, the measure of the institutions output in the national income and product accounts (NIPAs) changes substantially. If a commercial bank becomes a savings institution, for example, the implicitly priced financial intermediation services that had been allo cated to borrowers when the institution was chartered as a commercial bank are instead allocated to deposi tors. The goal of this article is to determine the extent to which harm onization of the methods used for savings institutions, credit unions, and commercial banks would alter the picture of the production and con sumption of implicitly priced financial services in the United States. To this end, the paper develops methods for measuring the output of savings institutions and credit unions (referred to as “nonbank depository in stitutions”) that are similar to those already used for commercial banks. It should be noted that no time line for bringing the methods outlined in this paper into the NIPAs has been established; this paper is merely m eant to illustrate the sort of revisions that could re sult if methods like those now used for commercial bank were to be implemented. 28 Measuring Financial Services occupied housing). In addition, total implicit services were reduced to some extent, as loans funded through the bank’s own funds do not produce any depositor services. These revisions and the subsequent improve ments introduced as part of the 2013 comprehensive revision of the NIPAs will be discussed in more detail below. Because of disparate accounting methods, changes in market shares of commercial banks and nonbank depository institutions may produce a misleading pic ture of the growth of financial intermediation services. To investigate this problem, this paper harmonizes the methods for computing implicit services for each of these types of institution. The methods that the NIPAs currently use for commercial banks provide better measures of the production and consumption of im plicit services and conforms to the recommendations of the 2008 SNA. This paper therefore applies these methods to savings institutions and credit unions, in stead of applying the m ethod currently used for sav ings institutions and credit unions to the commercial banking sector. The new methods produce quite a different picture of the consumption of the output of these institutions from the methods presently used in the NIPAs. Al though output does not fall by much, measured ser vices for final use are substantially reduced, resulting in a downward revision to the estimate of GDP. Most of the downward revision results from a reduction in per sonal consumption expenditures. Additionally, the picture of the history of consumption of depository in stitution output changes. The new methodology re duces the volatility of measured output of savings institutions in the wake of the financial crisis and the recession and the subsequent recovery. It also shows that during this period, credit unions fared quite well.3 Current m ethods for m easuring implicit services of nonbank depository institutions The current m ethod for computing the implicit output of savings institutions and credit unions assumes that the total value of this output equals the net interest in come of these institutions. Consum ption of this out put is then apportioned to depositors in different sectors. For savings institutions, implicit services are allocated to households and other sectors based on their deposits at these institutions. For credit unions, households consume all such services. The estimates that are currently published in the 3. This fits what is generally seen in the pattern of credit union member ship, asset holdings, and performance during this period; for example, see Richard G. Anderson and Yang Liu, “Banks and Credit Unions: Competi tion Not Going Away,” The Regional Economist 21, no. 2 (April 2013): 4-9; accessed on May 2, 2013 at www.stlouisfed.org. November 2013 NIPAs are not used as the baseline for comparison be cause they differ from the experimental estimates in ways other than the methods discussed in this article. To illustrate the effects of the change in methods, an al ternative “current m ethod” measure of the output of savings institutions and credit unions will be used as the baseline. The use of a simulated version of “current m ethod” output means that the revisions calculated below reflect a concise set of effects: (1) the reduction in total implicit services due to the different treatm ent of own funds, (2) a reallocation of final and intermedi ate uses of implicit services due to sectoring changes, and (3) some other changes in implicit services that re sult from the methodological update for implicit ser vices of commercial banks that were part of the 2013 comprehensive NIPA revision, discussed below. While the use of a simulation of current methods as the benchmark for comparison makes the results easier to interpret, it means that the revisions reported in this article will not necessarily be the same as the revisions that would be expected to result from the im plem enta tion of the new methodology in the accounts. To get an idea of the size of the nonbank depository institution sector, in the 2012 revision of the NIPAs, credit unions were estimated to produce approxi mately $25.3 billion in implicit services in 2008. Sav ings institutions produced approximately $34.0 billion in that year, of which $22.8 billion was consumed by persons and $11.2 billion by businesses. This means that only about 19 percent of the output of these insti tutions was consumed by businesses, whereas 81 per cent went to final consumption. From 2000 to 2008, the output of savings institutions grew by approxi mately 19 percent, and the output of credit unions grew by approximately 92 percent. Current m ethodology for im plicit services of com m ercial banks In 2003, the NIPA methods for computing implicit ser vices of commercial banks underwent a substantial re vision (Fixler, Reinsdorf, and Smith 2003). This change recognized that some of the implicit services produced by commercial banks are consumed by borrowers. The updated approach, known as the reference rate ap proach, allocates services to borrowers and depositors using a reference rate of interest that lies between the average interest rate that banks pay on liabilities and the average interest rate that banks earn on assets. The reference rate was computed as the interest rate that the bank earned on its holdings of Treasury and agency debt. The margin between the reference rate and the interest rate paid on liabilities is known as the service margin on liabilities, and the margin between the asset interest rate and the reference rate is the service margin November 2013 S urvey of C u r r e n t B u s in e s s on assets. The output of implicit depositor services is computed as the product of the liability service margin and total liabilities. The output of implicit borrower services is computed as the product of the asset service m argin and total assets. Other depository institutions were not included in this methodological change and in some subsequent changes because of the lack of suf ficient resources to complete all of the needed revisions in a timely fashion. This methodological improvement resulted in revi sions both to the total estimate of implicit services of commercial banks and to the estimates of these ser vices’ uses. The downward revision to total implicit services produced by banks was equal to the banks’ eq uity capital (assets less liabilities or own funds) m ulti plied by the reference rate. This am ount represents the interest expense that the banks avoided by obtaining their funding from stockholders rather than borrowing at the reference rate of interest. This revision was small, because own funds were small relative to assets and lia bilities. Nevertheless, while using the reference rate ap proach resulted in small revisions to total implicit services of commercial banks, the assignment of some services to borrowers did substantially affect how the consumption of bank services was apportioned be tween the personal sector and the business sector. These revisions to the estimates of the uses of imputed services resulted in large reductions in estimated final consumption of implicit services by persons, because borrower services are consumed as intermediate inputs in higher proportion than depositor services. Conse quently, the methodological change of 2003 was asso ciated with significant reductions in estimates of GDP. Another revision to these methods was part of the 2013 comprehensive revision of the NIPAs released in July 2013 (Hood 2013). Three changes were incorpo rated into the commercial bank implicit services m eth odology: the boundaries of the sets of assets and liabilities included in computations of implicit services were narrowed to include only loan and trading ac count assets and deposit and deposit-like liabilities; loan interest rates were adjusted for expected losses of principal due to borrower default; and a new m ethod was introduced to reduce spurious volatility in implicit services due to fluctuations in the relative position of the reference rate. M ethods and data The m ethod used for computing the output of savings institutions and credit unions matches closely the m ethod that is now used to compute output of com mercial banks. However, some m inor differences, due mostly to data limitations, are unavoidable. Reference rates and the default adjustment m ethod will differ 29 from those used for commercial banks, as will details on how total implicit services are apportioned among sectors of the economy. Measures of implicit services are computed based on loan interest rates, loan balances, deposit interest rates, deposit balances, and a reference rate. Loan and deposit interest rates are computed by dividing the in terest income on loans and interest expense on depos its by loan balances and deposit liabilities to derive “book” interest rates. After adjusting loan rates for the expected rate of losses of principal from borrower de faults, the service margin on loans is computed as the net loan rate less the reference rate. The service margin on deposits is the reference rate less the deposit rate, because no default adjustment is needed. O utput is measured by multiplying service margins by loan or deposit balances. Default adjustments. As in the 2013 revision of the methods used for commercial banks, loan interest rates are adjusted for the expected losses of principal due to borrower defaults. Costs of borrower defaults are measured using net charge-offs. A charge-off is an accounting entry made when a loan is recognized as having gone bad and is removed from the institution’s balance sheet. Thus, charge-offs represent the am ount of principal lost to default during the accounting pe riod; the charge-off rate is total charge-offs divided by total loan principal. Because loan interest rates are set in advance and reflect expected rates of loss based on historical default patterns, a measure of expected de fault is used to adjust loan interest rates; expected charge- off rates are calculated using geometrically de clining weighted averages of past realizations as de scribed in Hood (2013). However, charge-offs of credit unions are already quite smooth, so the smoothing procedure is not applied.4 The term “expected default” is used to refer to the smoothed charge-off measure for savings institutions and the charge-off rate for credit unions, and the expected-default rate is expected de fault divided by loan balances. Loan interest rates are adjusted by subtracting the expected-default rate from the interest rate earned on loans, and then the adjusted rates are used to measure implicit services to borrow ers. Reference rate calculation. Because of differences in data availability, the methods for computing refer ence rates are not precisely the same for commercial banks, credit unions, and savings institutions. The specification of the reference rate for each class of insti tution is discussed in more detail below. The reference 4. If this method were used for credit unions in the NIPAs, smoothing might be appropriate, because the stability of past charge-off rates cannot guarantee that future charge-off rates will be smooth. 30 Measuring Financial Services rate may be derived from two possible sources: 1) a book interest rate on a service-free asset or liability class on the institutions balance sheet, and (2) a “m ar ket” interest yield on government bonds. It may also be computed as an average of (1) and (2). The source of the book rate depends on the type of institution. As was done for commercial banks, the reference rate is also stabilized to dampen spurious volatility. This sta bilization allows the allocation between borrower ser vices and depositor services to change slowly, reflecting the lags that are built into the repricing of loans and deposits. The m ethod used in this article allocates consum p tion of borrower and depositor services to sectors in a way that is similar to the m ethod used for commercial banks. The data that are used to estimate services of nonbank depository institutions do not indicate loan or deposit balances for each sector (or how much in terest each sector pays and receives), but the Federal Reserve Board releases data on categories of loans and deposits on sector balance sheets in the flow of funds accounts (FFAs). Savings institution and credit union data indicate interest paid and received and balances by category of loan or deposit. O utput is computed separately for each category; categories are assigned to sectors based mostly on FFA information. Savings institutions Annual estimates of implicit output of savings institu tions from 1993 to 2002, and quarterly output esti mates from 2003 to 2011 were computed. The dates were based on the availability of source data. Basic data for savings institutions are available from Statistics on Depository Institutions (SDI) from the Fed eral Deposit Insurance Corporation. These data are ag gregated from Thrift Financial Report (TFR) filings and from the reports of condition and income adm in istered by the Federal Financial Institutions Examina tion Council, known as Call Report filings. The recent transfer of supervisory powers from the OTS to the Of fice of Controller of the Currency and other regulators has resulted in the elimination of the TFR; savings in stitutions that formerly filed TFRs now file Call Re ports.5 Some savings institutions that were not regulated by the OTS before its elimination also filed Call Reports. The SDI data contain savings institutions’ asset and 5. Section 313 of the Dodd-Frank Wall Street Reform and Consumer Pro tection Act abolished the Office of Thrift Supervision, which was the main regulator overseeing savings institutions (U.S. House (2010), The DoddFrank Wall Street Reform and Consumer Protection Act, 111th Congress, 2nd Session, H.R. 4173). November 2013 liability balances by type of asset and liability as well as interest income and expenses. These data are available on a quarterly basis from the first quarter of 2002 to the present quarter, and on an annual basis from 1992 forward. Asset data include loans and leases by type of loan (residential real estate loans, other real estate loans, commercial loans, personal loans, and other loans), cash and balances due, securities, and federal funds sold and reverse repurchase agreements. Liabil ity data include deposits (total deposits, time/saving deposits and other deposits, and interest-bearing/noninterest-bearing deposits), federal funds purchased and repurchase agreements, and borrowings. Total in terest income is available for loans, and a combination of securities and other deposit-like assets; total interest expenses are available for deposits, Federal Home Loan Bank advances, and some other categories of borrow ing. Savings institutions also report net charge-offs on loans and leases. Because of the way that interest in come and expense detail are reported in TFRs, a m ethod for allocation of interest rates to the asset/lia bility categories above was necessary. (For the sake of brevity, the m ethod is not discussed here in detail.) The income statement data reported in the TFRs is also lacking in detail, so selecting an appropriate defi nition for the reference rate for computing the implicit output of savings institutions is not straightforward. Based on available data from the TFRs and other sources, the potential rates from savings institutions that could approximately meet the SNA criteria are: (1) the rate of return on securities assets including m ort gage-backed securities (MBSs) and deposit assets (the latter of which are deposits in other depository institu tions), (2) the rate of return on securities assets exclud ing mortgage-backed securities but including deposit assets, (3) the rate of return on Federal Home Loan Bank advances, (4) the market yield on a government security, such as the 5-year Treasury bond, or (5) the reference rate used to compute implicit services of commercial banks. From these alternatives, the one that produced a split that was closest to the split used in the NIPAs for the commercial banking sector was used. The illustrative computations of output use an aver age of the interest rate earned on securities (excluding mortgage-backed securities) and deposit assets and the interest rate paid on FHLB advances; this rate is aver aged with a four-quarter moving average of 5-year treasury bond yields. While it is possible that the set of securities on savings institution balance sheets in cludes some securities that would preferably not be included in the reference rate (such as corporate November 2013 S urvey C u r r e n t B u s in e s s of bonds), this rate produces a split of borrower and de positor services that is relatively stable.6 The split is also on average close to the one that the reference rate for commercial banks generates. While this rate is quite close to the reference rate used to compute the implicit output of commercial banks, it appears to bet ter match the turning points in the interest rates earned on assets and paid on liabilities of savings insti tutions; if the commercial bank reference rate had been used, the results would have been quite similar (chart 31 Chart 2 also shows the effect of the abrupt increase in charge-offs in the wake of the 2007 financial crisis on the interest margin used to calculate implicit bor rower services. For savings institutions, expected high default rates continued into 2011. Chart 2. Interest Rates Showing the Effect of Default Adjustment and Reference Rate Stabilization, 1). The relative position of the reference rate is stabi lized using the methodology that was developed for commercial banks (Hood 2013). Intuitively, this pro cedure ensures that any changes in relative borrower services and depositor services are incorporated over a period of about 3 years that approximately equals the m aturity of loans held by savings institutions. Chart 2 shows the stabilized reference rate and the unstabilized rate, along with the effect of the charge-off adjustment on the rate of return earned on assets. 6. An appropriate reference rate should be risk-free and service-free, and it should match the maturity structure of the loans and deposits on the institutions’ balance sheets (2008 SNA, paragraph 6.166, 116). For com mercial banks, the book rate earned on Treasury and agency securities (excluding mortgage-backed securities) is used, averaged with a four-quarter moving average of 5-year Treasury bond yields. However, a series for savings institutions’ holdings of Treasury and agency securities cannot be computed, because of the lack of interest income detail; in particular, all savings institution securities and deposit assets are combined on the income statement and cannot be further decomposed into the constituent parts (except for mortgage-backed securities). Chart 1. Interest Rates and Unstabilized Reference Rates, Savings Institutions, 2003-2011 A n n u a l rate u .u o — Net return on assets — Commercial bank reference rate (unstabilized) — Savings institution reference rate (unstabilized) ..................................................... / \ 0.07 ' \ / \ y 0.06 \ —— Rate paid on liabilities 0.05 '" V .............. . U.04 'r 0.03 0.02 N. .... \\ ' \ \ - N \ \ / ^ \ ^ 0.01 0 I II 2003 I I I I I I I I I I I I I II I I I 2004 2005 2006 2007 I I 2008 I I I I I II I I II 2009 2010 I 2011 Note. The commercial bank reference rate is the unstabilized rate used to compute implicit services of commercial banks, which has been used since the July 2013 comprehensive revision. The return on savings institution assets is net of a margin to offset default losses. U.S. Bureau of Economic Analysis C r e d it u n io n s Basic data on condition and income for credit unions are available on a quarterly basis from Financial Per formance Reports from the National Credit Union Ad m inistration (NCUA), a federal agency which serves as the prim ary regulator for federally chartered credit unions and administers the National Credit Union Share Insurance Fund (NCUSIF).7All NCUSIF partici pants (including state-chartered credit unions) submit FPRs, which thus cover the vast majority of credit unions. (Only a handful of small credit unions are not insured by the NCUSIF, and all federally chartered credit unions are required to be insured by this fund; because the num ber of uninsured is so small, no ad justm ent is made for those credit unions not in the data.) Because basic quarterly data are available for a longer time span than what is available for savings in stitutions, output for credit unions is computed quar terly from 1997 to 2011, and annually from 1985 to 1996. 7. Aggregated FPR data are available at www.ncua.gov. Some inconsisten cies were noted in some of these data before to 2002. Each quarterly sum mary reports several previous quarters of data, and in some quarters, the data were different across files. The data were checked against the credit union reports from the Credit Union National Association to ensure that the levels of each reported aggregate figure were correct. Measuring Financial Services 32 Like savings institutions, credit unions are asked to report substantial detail regarding balance sheet items, but report income and expense items at a higher level of aggregation. (Credit unions report interest income on loans, investments, and trading securities; they report interest expense on shares, deposits, and bor rowed money.) As was the case with savings institu tions, the lack of detail on interest income and expense prevents use of the same reference rate definition that is used for commercial banks. Testing the same set of alternatives for the definition of the reference rate that was m entioned in the previous section revealed that the rate paid on all interest-bearing liabilities excluding deposits, denoted as “other borrowing,” gives a more stable picture of output for credit unions than alterna tive that was selected for the reference rate for savings institutions. On average, this reference rate is quite close to commercial bank reference rate, and it seems to respond to the interest rate environment similarly to the way that credit union loan and deposit rates re spond. On the other hand, interest rates that credit unions report earning on investments are quite a bit more volatile than loan or deposit rates, so that using investments as part of the reference rate calculation would generate an unnecessarily large am ount of vola tility in credit union output. The rate paid on borrow ings is averaged over four quarters, and this figure is averaged with a four-quarter moving average of the yield on 5-year Treasury bonds (as was done with sav ings institutions) to form an unstabilized reference rate, and then the stabilization procedure is applied. Chart 3 shows how the rates on assets (loans) and lia Chart 3. Interest Rates and Reference Rates, Credit Unions, 1997-2011 A n n u a l rate 0.09 — — — — 0.08 0.07 — Net return on assets Unstabilized reference rate Stabilized reference rate Commercial bank reference rate (unstabilized) Rate paid on liabilities (dividends and deposits) 0.06 0.05 0.04 0.03 0.02 0.01 0 ll l l l l l l l l l l l ll lll ll ll ll lll ll ll lll ll ll ll lll ll ll lll ll ll ll lll 1997 98 99 2000 01 02 03 04 05 06 07 08 09 10 2011 U.S. Bureau of Economic Analysis N ovem ber 2013 bilities (dividends and deposits), the unstabilized ref erence rate, the stabilized reference rate, and the reference rate used for commercial banks trended over time. The output of credit unions is apportioned to the types of loans on the basis of loan balances. Mortgage loans are subsequently sectored according to monetary interest paid on mortgage loans by sector, resulting in the same ratios as those used to sector mortgage loans of savings institutions and commercial banks. Business loans are assigned entirely to nonfinancial business, and deposits and personal loans to personal consum p tion expenditures. R e s u lts The discussion of the results is organized in two sec tions. The first section presents estimates of implicit services implied by applying the reference rate ap proach to savings institutions and credit unions. The second section presents the differences in the estimates of GDP and of personal consumption expenditures implied by the current m ethod and the reference rate m ethod. Note that these results are experimental. C o n s u m p tio n o f im p lic it in te rm e d ia tio n s e r v ic e s b y s e c to r s The implicit output of depositor services produced by savings institutions that was calculated with the new m ethod climbs from 2001 to 2006 and then begins to drop off in 2007, which was the year when prices of se curities backed by subprime mortgages collapsed (chart 4). The fall in depositor services continues until 2009, and remains well below the precrisis peak in 2011 . In chart 5, the imputed borrower services produced by savings institutions exhibits a similar pattern of in creasing up to 2006, and starting to drop in 2007. However, borrower services have not recovered since the recession. Much of the increased output of these services during the boom of the first part of the 2000s was consumed by businesses, and thus neither the in crease nor the subsequent decrease in output would di rectly affect the calculation of GDP using the final expenditures approach. Chart 6 shows the new measures of imputed out put of credit unions, and the line shows the estimate of total imputed output implied by the current method. All credit union depositor services are consumed by persons, so no breakdown of the consumption by different sectors of the imputed output calculated with the current m ethod is shown. Interestingly, credit union output using the new m ethod follows a different pattern than that of savings institutions, showing more counter-cyclicality. Credit unions have not experienced November 2013 S urvey of 33 C u r r e n t B u s in e s s site happens. Over the period shown, interest rates have increased in booms and decreased in recessions. highly cyclical charge-off rates, so the default adjust m ent is more stable for them. Credit unions have also tended to expand during recessions over this period. Finally, when interest rates are increasing, deposit rates at credit unions tend to increase more quickly than loan rates, which compresses their total net interest margin; when interest rates are decreasing, the oppo- D iffe r e n c e s b e tw e e n th e c u r r e n t m e th o d a n d th e n e w m e th o d Chart 7 shows total imputed output of savings institu tions and final consumption of this im puted output Chart 4. Imputed Output of Depositor Services of Savings Institutions by Sector, 1993-2011 Chart 6. Imputed Services of Credit Unions by Type of Service and by Sector, 1985-2011 B illio n s o f c u rre n t d o lla rs B illio n s o f c u rre n t d o lla rs 50 30 45 40 Rest of world Borrower services, owner-occupied housing Federal government Borrower services, nonfinancial business State and local governments Borrower services, households and NPISH Financial business Depositor services Nonfinancial business Depositor services, current method Households and NPISH 35 I 81 - 30 I . 1 25 20 15 10 5 0 1993 94 95 96 97 98 99 2 00 0 01 02 03 04 05 06 07 08 09 10 2011 1985 87 89 91 93 95 97 NPISH Nonprofit Institutions Serving Households NPISH Nonprofit Institutions Serving Households U.S. Bureau of Economic Analysis U.S. Bureau of Economic Analysis Chart 5. Imputed Gross Output of Borrower Services of Savings Institutions, 1993-2011 B illio n s o f c u rre n t d o lla rs 30 ■ ■ ■ ■ Owner-occupied housing w m m m Rest of world Federal government m— 25 Financial business 99 2001 03 05 07 09 2011 Chart 7. Total Gross Output and Final Demand by Method for Imputed Services of Savings Institutions, 1993-2011____________________________________ B illio n s o f c u rre n t d o lla rs 50 45 ■ ■ ■ ■ Nonfinancial business Households and NPISH 20 40 35 30 15 25 20 10 15 5 10 0 1993 94 95 96 97 98 99 200 0 01 02 03 04 05 06 07 08 09 10 2011 NPISH Nonprofit Institutions Serving Households U.S. Bureau of Economic Analysis 5 0 1993 94 95 96 9 7 98 99 200 0 01 02 03 04 05 06 07 08 09 10 2011 U.S. Bureau of Economic Analysis 34 using the current m ethod and using the new method proposed in this paper. The patterns of overall output are similar for the two methods; however, the new m ethod gives much lower estimates of final consum p tion of this output. These estimates are also less vola tile, especially during the run-up to the subprime crisis and during its aftermath. The difference in estimates of final consum ption of im puted services (and thus to GDP) ranges from just under $10 billion to more than $20 billion. Over this time period, the average differ ence in the estimate of savings institution output for fi nal demand using the new m ethod is about 54 percent of the estimate based on the current methodology. Chart 8 shows the analog of chart 7 for credit unions. A downward level shift can be seen here, as well. It is initially somewhat smaller, around $2.5 bil lion in 1993. However, it rapidly increases to more than $10 billion in recent years. The overall pattern of Chart 8. Total Gross Output and Final Demand by Method for Imputed Services of Credit Unions, November 2013 Measuring Financial Services credit union output also changes, with a flat pattern over the 2000s but a sharp increase after the crisis. This has followed a large increase in credit union mem ber ships during the crisis period. Over this period, the av erage difference between the estimate of final demand using the new m ethod is about 36 percent of the esti mate using the current method. These results show a downward revision in total GDP that ranges from under $15 billion to more than $30 billion in 1993-2011 (table 1). These figures repre sent an approximation of the revisions to GDP that would be expected, if this new methodology were to be implemented in the NIPAs. In 2008, the revision would represent about 16 percent of total imputed services from all depository institutions (including commercial banks) consumed by persons or 13 percent of the final expenditures on the implicit output of depository in stitutions, according to published estimates. C o n c lu s io n This article has shown that a reference rate m ethod similar to the one used to estimate implicit services of commercial banks can be used to estimate implicit ser vices of nonbank depository institutions. Although this m ethod is not yet ready for implem entation in the NIPAs, this exercise shows how such an update of the national accounts might affect gross output, and it demonstrates concerns that linger regarding the suit ability of available data— in particular, with regard to the choice of reference rate. The change in methodology would yield a down ward restatement of GDP ranging from about $15 bil lion in the mid-90s to more than $30 billion in recent years, or about half of the published contributions of these institutions to GDP. The revisions show a similar picture of the growth of output of savings institutions over this period; however, they suggest that final de mand is somewhat more stable. The new m ethod picks up a relatively solid performance of credit unions over recessionary periods. The results suggest a continued goal of further developing these methods with the goal of eventual implementation in the NIPAs. November 2013 S urvey of 35 C u r r e n t B u s in e s s R e fe re n c e s Fixler, Dennis J., Marshall B . Reinsdorf, and George M. Smith. 2003. “Measuring the Services of Commer cial Banks in the NIPAs: Changes in Concepts and Methods.” S u r v e y o f C u r r e n t B u s i n e s s 83 (September): 33-44. Hood, Kyle K. 2013. “Measuring the Services of Commercial Banks in the National Income and Prod ucts Accounts: Changes in Concepts and Methods in the 2013 Comprehensive Revision” S u r v e y o f C u r r e n t B u s i n e s s 93 (February): 8-19. European Commission, International M onetary Fund, Organisation for Economic Co-operation and Devel opm ent, United Nations, and World Bank. 1993. Sys tem of National Accounts 1993. New York, NY: United Nations. European Commission, International M onetary Fund, Organisation for Economic Co-operation and Development, United Nations, and World Bank. 2008. System of National Accounts 2008. New York, NY: United Nations. Table 1. Personal Consumption Expenditures, Final Demand, and Total Gross Output by Type of Institution and by Method [B y type of in stitutio n; b illions o f dollars] Savings institutions 1993 1994 1995 1996 1997 1998 1999 2000 21.9 24.5 29.9 20.7 23.2 28.4 19.0 21.5 26.7 20.0 22.6 28.4 18.5 21.2 27.0 18.1 21.0 27.4 19.6 22.6 29.2 19.3 22.3 29.6 11.6 12.7 25.1 11.5 12.7 22.3 11.0 12.3 21.5 11.2 12.5 22.3 10.3 11.6 21.2 9.4 10.7 21.7 9.5 10.8 22.2 10.4 11.8 24.6 2002 2003 2004 2005 2006 2007 2008 2009 2010 21.8 25.4 34.3 25.1 28.9 37.9 27.9 31.2 40.1 30.6 33.7 42.9 32.0 35.3 45.1 32.9 36.8 48.2 31.2 35.1 46.0 30.1 34.5 44.7 26.5 30.6 39.2 25.4 28.9 37.0 26.5 30.1 38.2 10.5 11.9 27.9 11.7 13.2 30.9 12.7 14.1 34.6 13.1 14.2 35.9 13.7 15.1 38.3 14.2 15.9 40.9 12.8 14.5 38.2 11.1 12.8 32.9 9.9 11.3 29.1 10.5 11.9 28.8 11.3 12.7 29.2 2001 2011 Current method Personal consumption expenditures Final d e m a n d ....................................... Total gross o utput................................ New method Personal consumption expenditures Final d e m a n d ....................................... Total gross outp u t................................ Difference -9 .2 Personal consumption expenditures -1 0 .3 Final d e m a n d ....................................... -1 1 .8 -1 0 .5 Total gross outp u t................................ -A 1 -6.1 - 8 .0 -8 .8 -9 .2 -10.1 - 5 .3 -6.1 -8 .2 -8 .9 -1 1 .3 -1 3 .4 -15.1 -1 7 .5 -1 8 .2 -1 8 .7 -1 8 .4 -1 9 .0 -1 6 .6 -1 4 .9 -1 5 .2 -8 .6 -10.1 -9 .5 -1 0 .3 -1 1 .8 -1 0 .5 -1 3 .4 -1 5 .7 -17.1 -1 9 .4 -2 0 .2 -2 0 .9 -2 0 .6 -2 1 .7 -1 9 .3 -1 7 .0 -1 7 .4 -7 .3 -9 .0 -6 .4 -5 .4 -5 .0 -7.1 -7 .8 -1 1 .7 -1 0 .2 - 8 .3 - 7 .0 - 6 .8 -6 .9 -5 .8 -5 .7 Credit unions 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 10.7 11.0 11.5 12.5 12.8 13.4 14.2 15.5 16.1 18.3 19.7 20.7 21.5 21.9 22.7 24.8 27.2 29.2 29.3 8.3 10.2 8.3 10.0 8.4 10.0 8.7 10.5 8.4 10.5 8.6 11.0 8.9 11.7 9.3 12.0 9.7 12.6 12.9 16.7 14.0 18.6 14.0 18.8 13.7 18.4 13.8 18.4 13.5 17.8 14.1 19.2 14.8 20.7 17.0 24.1 18.5 26.2 -2 .4 -0 .6 -2 .7 -1 .0 -3 .2 -1 .5 -3 .8 -2.1 -4 .4 -2 .3 -4 .8 -2 .5 -5 .3 -2 .6 -6 .2 -3 .5 -6 .3 -3 .5 -5 .5 -1 .6 -5 .7 -1.1 -6 .7 -1 .9 -7 .7 -3.1 -8.1 -3 .5 -9 .3 -1 0 .7 -1 2 .5 -1 2 .2 -1 0 .8 -5 .7 -6 .5 -3.1 -4 .9 -5.1 1993 1994 1995 1996 1997 1998 1999 2000 32.6 35.2 40.6 31.7 34.2 39.5 30.5 33.0 38.2 32.6 35.1 40.9 31.3 33.9 39.8 31.5 34.5 40.8 33.8 36.8 43.5 34.8 37.8 45.1 19.9 21.0 35.3 19.8 21.0 32.3 19.4 20.6 31.5 19.9 21.2 32.8 18.7 20.0 31.7 18.0 19.3 32.7 18.4 19.7 33.8 19.7 21.1 36.6 2011 Current method Total (all to personal consumption expenditures)................................... New method Personal consumption expenditures (final dem and).................................. Total........................................................ Difference Personal consumption expenditures (final dem and).................................. Total........................................................ All nonbank depository institutions 2002 2003 2004 2005 2006 2007 2008 2009 2010 37.9 41.4 50.4 43.4 47.2 56.2 47.6 50.9 59.8 51.3 54.4 63.6 53.4 56.8 66.6 54.8 58.8 70.1 53.9 57.9 68.8 54.9 59.3 69.5 53.7 57.8 66.5 54.6 58.1 66.2 55.8 59.3 67.5 20.3 21.7 40.5 24.5 26.0 47.6 26.8 28.1 53.3 27.1 28.2 54.7 27.5 28.8 56.7 28.0 29.8 59.3 26.3 28.0 56.0 25.2 26.9 52.1 24.7 26.0 49.8 27.6 28.9 52.9 29.8 31.2 55.4 2001 2011 Current method Personal consumption expenditures Final d e m a n d ....................................... Total gross o u tp u t................................ New method Personal consumption expenditures Final d e m a n d ....................................... Total gross o u tp u t................................ Difference Personal consumption expenditures -1 2 .7 -1 2 .0 -11.1 -1 2 .6 -1 2 .5 -1 3 .5 -1 5 .4 -15.1 -1 7 .6 -1 8 .9 -2 0 .9 -2 4 .2 -2 6 .0 -2 6 .8 -2 7 .6 -2 9 .7 -29.1 -2 7 .0 -2 6 .0 Final d e m a n d ....................................... -1 4 .2 -1 3 .3 -1 2 .4 -1 3 .9 -1 3 .9 -15.1 -17.1 -1 6 .7 -1 9 .7 -2 1 .2 -2 2 .8 -26.1 -2 8 .0 -2 9 .0 -2 9 .8 -3 2 .5 -3 1 .8 -2 9 .2 -28.1 Total gross o utput................................ -7.1 -6 .7 -5 .3 -8.1 -8.1 -8 .2 -9 .6 -8 .5 -9 .9 -8 .6 -6 .5 -8 .9 -9 .9 -1 0 .8 -1 2 .8 -1 7 .4 -1 6 .6 -1 3 .3 -12.1 37 November 2013 U.S. M ultinational C om panies O perations of U.S. Parents and Foreign Affiliates in 2011 By Kevin B. Barefoot HE BUREAU of Economic Analysis (BEA) has just released preliminary results from the 2011 Annual Survey of U.S. Direct Investment Abroad. The statistics collected on this survey cover the worldwide opera tions of U.S. m ultinational companies (MNCs). The survey collects data on the finance and operations of U.S. MNCs, including balance sheet and income state m ent details, employment and employee compensa tion, sales, capital expenditures, trade in goods, and expenditures for research and development (see the box “Data Availability”). Unlike previous years, BEA T D ata A vailability Detailed preliminary statistics from the 2011 Annual Survey of U.S. Direct Investment Abroad have been posted in electronic files that can be downloaded free of charge from BEA’s Web site at www.bea.gov. Revised statistics will be released in 2014. Detailed sta tistics on U.S. MNC operations for 1983-2010 are also available on BEA’s Web site. More information about these products and how to access them is available at www.bea.gov/international/ dilusdop.htm. will not publish an article that analyzes these statistics (see the box “Impact of Sequestration on Analytical Articles”), but some major results are noted below. The worldwide operations of a U.S. MNC can be split between its domestic operations, represented by the U.S. parent company, and its foreign operations, represented by foreign affiliates. Data for foreign affili ates are presented for two categories— all affiliates and majority-owned foreign affiliates (MOFAs), which are those that are owned more than 50 percent by their U.S. parents. Most foreign affiliates are in fact majority-owned; MOFAs accounted for 86.1 percent of em ployment by all foreign affiliates in 2011. Data are available in greater detail for MOFAs because some data items are collected only for MOFAs. A focus on MOFAs puts the statistics on foreign affiliates on the same basis as the statistics on U.S. parents, which are defined to include all domestic operations that are majority-owned. For the remainder of this report, U.S. MNCs refers to the combined operations of U.S. par ent companies and their MOFAs. The value added of U.S. MNCs rose 8.3 percent to $4,538.6 billion in 2011 after rising 12.0 percent in 2010 (table 1). The increase reflected a 4.9 percent in crease in the value added of U.S. parents and a 16.3 percent increase in the value added of their MOFAs. Im p act of S eq u estratio n on A n alytical A rticles The automatic federal government spending cuts that nies is unaffected by sequestration reductions. The went into effect in lanuary 2013—known as the se BEA Web site presents the full set of 2011 statistics on questration—necessitated that the Bureau of Economic the finance and operations of U.S. multinational compa Analysis (BEA) eliminate analytical activities related to nies. foreign direct investment and the operations of multina BEA understands that all of its analytical products and tional companies. This includes elimination of the statistical programs are of high value to public and pri detailed analytical S u r v e y o f C u r r e n t B u s i n e s s article that vate sector decisionmakers. Very careful consideration has historically accompanied the release of statistics from was given to program reductions in an effort to minimize BEA’s Annual Survey of U . S . Direct Investment Abroad. the impact on data users. For more information, see The collection of data on direct investment flows and “BEA FY 2013 Budget Impacts” at www.bea.gov under on the finance and operations of multinational compa “Media,” “News Releases,” and “What’s New.” 38 U.S. Multinational Companies U.S. parent value added grew only slightly faster than overall U.S. GDP for private industries in 2011 (4.4 percent). As a result, the share of U.S. private industry GDP accounted for by U.S. parents remained at about 24 percent. The value added of MOFAs grew faster in 2011 than that of U.S. parents; however, U.S. parents continued to account for roughly two-thirds or more of U.S. MNC combined value added (68.2 percent), capital expenditures (73.1 percent), R&D (83.0 per cent), and employment (66.0 percent). Employment by U.S. MNCs increased 1.6 percent to 34.7 million workers in 2011 after increasing 1.1 per cent in 2010. The increase reflected a 0.4 percent in crease in the employment of U.S. parents and a 4.2 percent increase in the employment of MOFAs. U.S. parents accounted for one-fifth of total U.S. private in dustry employment in 2011. Some additional highlights of the data: • U.S. MNC capital expenditures rose 16.4 percent in 2011, reflecting growth for both U.S. parents (17.2 percent) and MOFAs (14.1 percent). • U.S. MNC research and development expenditures rose 9.5 percent in 2011, reflecting growth for both U.S. parents (8.5 percent) and MOFAs (14.7 per cent). • Fifteen countries— the United Kingdom, Canada, Ireland, Germany, Japan, Australia, France, Brazil, Mexico, China, Switzerland, Singapore, the Nether lands, Italy, and Norway— accounted for more than two-thirds of value added by MOFAs in 2011. • U.S. exports of goods shipped by U.S. parents rose 15.3 percent in 2011 (tables 2.1. and 2.2). U.S. imports of goods shipped to U.S. parents rose 13.5 percent. • U.S. exports of goods shipped to all foreign affiliates rose 10.7 percent in 2011 (table 3). U.S. imports of goods shipped by all foreign affiliates rose 13.6 per cent. Tables 1 through 6.2 follow. November 2013 Table 1. Selected Statistics for U.S. Multinational Companies (MNCs), U.S. Parents, and Foreign Affiliates for Selected Years U.S. MNCs Parents and all affiliates Affiliates Parents and MOFAs Parents Total MOFAs Other Millions of dollars Value added1 1989............................................ 1994............................................ 19992.......................................... 2004............................................ 2009............................................ 2010 ' .......................................... 2011 p.......................................... n.a. n.a. n.a. n.a. n.a. n.a. n.a. 1,401,078 1,773,288 2,644,739 3,220,723 3,740,733 4,190,898 4,538,633 1989-1999.................................. 1994-2004.................................. 1999-2009.................................. 2009-2010.................................. 2010-2011.................................. n.a. n.a. n.a. n.a. n.a. 6.6 6.1 3.5 12.0 8.3 1,076,884 1,361,792 2,064,343 2,366,467 2,595,776 2,948,661 3,093,435 n.a. n.a. n.a. n.a. n.a. n.a. n.a. 324,194 411,496 580,396 854,256 1,144,957 1,242,237 1,445,198 n.a. n.a. n.a. n.a. n.a. n.a. n.a. Percent change at annual rates 6.7 5.7 2.3 13.6 4.9 6.0 7.6 7.0 8.5 16.3 n.a. n.a. n.a. n.a. n.a. 5,209.0 5,811.9 7,928.1 9,019.8 10,793.9 11,313.4 11,785.1 1,544.2 1,428.7 1,484.2 1,425.6 2,235.3 2,182.2 1,896.2 3.4 3.7 3.3 3.6 1.4 4.3 4.5 3.1 4.8 4.2 -0.4 0.0 4.2 -2.4 -13.1 74,982 96,323 145,910 149,129 221,412 n.a. n.a. 58,880 71,747 114,604 125,179 167,066 166,384 189,892 16,402 24,976 31,306 23,950 54,345 n.a. n.a. 6.9 5.7 3.8 -0.4 14.1 6.7 -0.4 5.7 n.a. n.a. 7,922 11,877 18,144 25,840 39,205 39,887 45,752 n.a. n.a. n.a. n.a. n.a. n.a. n.a. 8.6 8.1 8.0 1.7 14.7 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. Number of employees Thousands 1989............................................ 1994............................................ 19992.......................................... 2004 2009 2010 ' .......................................... 2011 p ......................................... 26,370.1 26,570.6 33,397.6 32,891.6 35,962.0 36,286.7 36,553.1 24,825.9 25,141.9 31,913.4 31,466.0 33,726.6 34,104.5 34,656.9 1989-1999.................................. 1994-2004.................................. 1999-2009.................................. 2009-2010.................................. 2010-2011.................................. 2.4 2.2 0.7 0.9 0.7 2.5 2.3 0.6 1.1 1.6 19,616.9 19,330.0 23,985.3 22,446.2 22,932.7 22,791.1 22,871.8 6,753.2 7,240.6 9,412.3 10,445.4 13,029.3 13,495.6 13,681.3 Percent change at annual rates 2.0 1.5 -0.4 -0.6 0.4 Millions of dollars Capital expenditures3 1989............................................ 1994............................................ 19992.......................................... 2004............................................ 2009............................................ 2010 ' .......................................... 2011 p.......................................... 278,790 330,940 562,705 500,048 653,208 n.a. n.a. 262,688 306,364 531,399 476,098 598,862 607,437 706,933 1989-1999.................................. 1994-2004.................................. 1999-2009.................................. 2009-2010.................................. 2010-2011.................................. 7.3 4.2 1.5 n.a. n.a. 7.3 4.5 1.2 1.4 16.4 203,808 234,617 416,795 350,919 431,796 441,053 517,041 Percent change at annual rates 7.4 4.1 0.4 2.1 17.2 6.9 4.5 4.3 n.a. n.a. Millions of dollars R&D expenditures4 1989............................................ 1994............................................ 19992.......................................... 2004............................................ 2009............................................ 2010r.......................................... 2011 p.......................................... n.a. n.a. n.a. n.a. n.a. n.a. n.a. 90,149 103,451 144,435 190,029 246,502 245,561 268,969 82,227 91,574 126,291 164,189 207,297 205,674 223,217 n.a. n.a. n.a. n.a. n.a. n.a. n.a. Percent change at annual rates 1989-1999.................................. 1994-2004.................................. 1999-2009.................................. 2009-2010.................................. 2010-2011.................................. n.a. n.a. n.a. n.a. n.a. 4.8 6.3 5.5 -0.4 9.5 4.4 6.0 5.1 -0.8 8.5 n.a. n.a. n.a. n.a. n.a. p Preliminary r Revised 1. For the years shown prior to 2009, the data items needed to calculate value added for individual U.S. parents and foreign affiliates were collected for nonbank businesses only. The value added statistics for bank parents and affiliates for those years are estimates. 2. Break in series. (Beginning with 1999, BEA expanded its statistics to include data for “very small” foreign affiliates and for parents that had only “very small” foreign affiliates. For details, see the technical note on page 121 of the December 2002 S urvey of C urrent B usiness.) 3. For 1989,1994,1999, and 2004, the capital expenditure data for individual U.S. parents and foreign affiliates were collected for nonbank businesses only. The capital expenditure statistics for bank parents and affiliates for those years are estimates. 4. For the years shown prior to 2009, data on R&D expenditures were collected for nonbank U.S. parents and foreign affiliates only. R&D expenditures are assumed to be zero for bank U.S. parents and foreign affiliates in those years. MNC Multinational company. MOFA Majority-owned foreign affiliate. n.a. Not available. November 2013 S u r v e y o f C u r r e n t B u s in e s s 39 Table 2.1. Selected Statistics for U.S. Parents by Industry of U.S. Parent, 2010 Millions of dollars Total assets Sales U.S. exports U.S. imports of goods of goods shipped to shipped by parents parents Net income Capital R&D expenditures expenditures Value added Thousands Compensation of employees of employees All industries................................................................... 29,546,451 9,774,337 581,318 770,789 909,686 441,053 205,674 2,948,661 1,618,713 22,791.1 Mining............................................................................................ 466,085 125,238 13,016 2,672 34,582 35,118 556 74,862 19,210 194.9 Oil and gas extraction.............................................................. Other....................................................................................... 276,898 189,187 59,512 65,727 (D) (D) (D) (D) 17,838 16,744 26,282 8,836 (D) (D) 40,750 34,112 4,915 14,295 37.2 157.7 Manufacturing.................. 6,140,083 4,035,643 494,703 551,663 411,044 158,250 152,855 1,147,233 596,953 6,893.0 Food............................... Beverages and tobacco products............................................ Textiles, apparel, and leather products.................................... Wood products........................................................................ Paper......................................... Printing and related support activities..................................... Petroleum and coal products...... 441,296 233,389 27,143 11,422 132,239 28,369 937,745 420,109 85,543 23,454 11,327 89,518 24,959 925,014 42,046 15,104 (D) (D) 1,951 495 12,953 227 5,560 673 35,536 21,501 961 154 13,328 1,501 62,723 11,762 3,030 428 215 2,479 553 43,686 2,196 313 216 87 1,150 74 3,249 95,948 49,311 7,336 2,658 31,756 11,203 135,324 45,700 10,258 4,655 2,040 18,278 6,513 37,897 830.8 136.2 94.5 36.1 213.6 106.4 295.3 Chemicals................................. Basic chemicals.................................................................. Resins and synthetic rubber, fibers, and filaments............... Pharmaceuticals and medicines......................................... Soap, cleaning compounds, and toilet preparations............ Other................................................................................... 1,236,544 131,333 117,701 776,541 114,455 96,513 566,575 104,492 53,784 284,857 59,406 64,036 83,981 104,218 16,758 6,872 56,755 18,159 5,675 17,497 3,395 2,196 7,391 2,512 2,003 49,878 1,014 3,233 41,614 1,936 2,081 197,377 21,227 15,325 112,934 28,715 19,175 94,389 10,321 8,166 55,576 9,041 11,285 795.5 98.6 75.6 385.2 108.6 127.6 Plastics and rubber products................................................... Nonmetallic mineral products.................................................. Primary and fabricated metals................................................ Primary metals........... Fabricated metal products................................................... 104,425 57,368 219,629 144,207 75,422 91,899 33,206 168,303 115,953 52,350 (D) (D) (D) (D) 4,496 1,069 5,542 2,258 3,284 2,526 1,747 6,285 5,142 1,144 1,249 383 1,224 482 743 27,833 10,536 46,985 30,223 16,762 17,533 7,227 30,760 19,708 11,052 276.6 94.4 389.5 228.4 161.2 Machinery.............................................................................. Agriculture, construction, and mining machinery................. Industrial machinery............................................................ Other................................................................................... 350,298 157,523 77,335 115,439 680,427 169,344 129,111 212,914 85,970 39,271 87,674 45,553 20,954 10,157 14,442 19,508 18,090 8,278 4,564 5,248 6,349 2,890 1,181 2,278 7,771 2,912 1,996 2,863 68,815 22,795 14,939 31,081 44,984 14,452 8,450 22,082 536.5 151.1 109.9 275.5 (D) 48,548 14,466 5,996 34,535 4,918 8,059 682 13,648 7,228 0 154,956 37,527 27,566 1,912 50,872 37,079 1 (D) 1,000 11,196 71,024 27,717 9,743 370 23,807 9,388 (*) 10,166 50,028 22,292 27,736 -801 11,507 15,019 4,869 1,442 189 6,832 1,685 2 149,851 1,293,862 498,713 795,149 18,243 217,834 402,974 123,592 58,944 7,070 119,889 93,479 (*) 88,439 774,007 378,306 395,701 17,979 99,422 2,591 40,418 30,027 10,392 307 3,355 3,059 40,224 12,387 27,837 216 7,030 27,143 229,299 83,165 146,134 5,429 45,325 85,148 19,242 13,488 1,670 24,531 26,217 (*) 18,170 141,820 37,431 104,390 4,529 27,051 835.3 202.5 103.9 21.0 219.2 288.7 (*) 238.0 1,624.4 588.8 1,035.6 75.4 314.5 940,829 1,121,755 55,425 146,396 32,879 27,502 6,299 142,599 79,005 1,080.6 Professional and commercial equipment and supplies............ Petroleum and petroleum products......................................... Drugs and druggists’ sundries................................................ Other...................................................................................... 66,944 49,832 107,033 717,020 76,496 87,558 360,579 597,122 2,647 7,107 924 44,748 (D) (D) 2,193 977 5,973 1,042 19,511 1,638 (D) 1,595 1,064 4,585 25,635 (D) 13,041 5,179 18,854 105,524 9,296 2,356 9,539 57,814 109.0 25.3 120.2 826.1 Retail trade................................................................................... 554,331 943,361 4,327 53,105 45,269 19,884 (D) 257,162 123,233 4,313.2 General merchandise stores................................................... Clothing and clothing accessories stores................................ Other...................................................................................... 243,903 57,739 252,689 485,604 80,536 377,221 (D) (D) (D) (D) 21,308 6,883 17,078 8,494 2,318 9,073 0 1,188 (D) (D) 122,004 32,107 103,051 57,804 14,860 50,569 2,185.0 680.7 1,447.5 Information.................................................................................. 1,504,658 741,453 4,019 61,537 22,577 333,154 140,022 1,626.4 243,794 70,889 978,964 251,528 727,436 40,943 170,067 137,112 38,785 434,456 111,240 323,216 62,004 69,095 3,057 (D) (D) (D) (D) (D) 97,322 Publishing industries............................................................... Motion picture and sound recording industries....................... Broadcasting (except Internet) and telecommunications......... Broadcasting (except Internet)............................................ Telecommunications............................................................ Data processing, hosting, and related services....................... Other information services...................................................... 4,124 933 49,289 3,720 45,569 926 6,265 14,713 (D) 29,285 713 51,909 11,076 40,833 2,142 13,274 (D) 72,406 7,824 203,463 41,109 162,354 12,781 36,681 40,119 4,680 69,728 17,862 51,866 6,501 18,994 352.6 62.1 898.6 219.4 679.2 73.8 239.4 17,645,992 1,591,294 (D) (D) 170,062 37,228 384 356,980 285,274 2,479.2 Depository credit intermediation (banking).............................. Finance, except depository institutions................................... Insurance carriers and related activities. 7,160,942 5,278,681 5,206,369 461,775 356,820 772,700 0 0 (D) (D) (D) 7,907 20,394 8,926 (D) (D) 0 46,647 65,037 58,378 71 138,957 133,863 84,160 114,717 86,842 83,714 1,139.4 527.6 812.1 Professional, scientific, and technical services...................... 488,374 310,092 55,906 8,956 18,056 196,294 124,516 1,250.6 43,445 239,034 26,454 75,212 104,229 49,506 121,073 15,665 22,264 101,584 (D) (D) Architectural, engineering, and related services...................... Computer systems design and related services...................... Management, scientific, and technical consulting.................... Advertising and related services............................................. Other....................................................................................... 248 (D) (*) (D) (D) (*) (D) 828 4,690 292 530 2,617 118 11,135 (D) 2,235 25,383 1,430 824 26,034 6,715 24,380 79,834 10,295 13,471 68,315 20,481 46,334 8,897 9,259 39,545 206.9 433.8 54.2 85.0 470.8 Other industries.......................................................................... 1,806,100 905,500 62,621 92,578 250,499 4,953.2 2,786 72,089 171,558 256,729 65,351 911 134,890 56,260 89,275 55,650 (D) (D) (D) (D) (D) 150 2,638 9,145 14,191 2,948 15,049 4,313 3,854 8,787 1,546 93 851 31,595 22,435 22,525 184 5,730 1,894 3,114 4,155 (D) 440,377 3,847 48,636 463,435 435,623 195,306 171,518 159,863 56,680 167,850 103,342 (D) (D) Agriculture, forestry, fishing, and hunting Construction......................................... Utilities.................................................. Transportation and warehousing........... Real estate and rental and leasing.......................................... ' Management of nonbank companies and enterprises............. Administration, support, and waste management.................... Health care and social assistance........................................... Accommodation and food services......................................... Miscellaneous services........................................................... 1,047 24,089 60,705 115,783 35,073 11,663 72,839 35,082 53,632 30,464 631 19,462 16,453 68,066 15,846 181 55,812 24,693 30,146 19,210 17.2 201.2 150.6 1,010.6 210.8 2.2 1,150.9 441.2 1,276.7 491.8 Computers and electronic products........................................ Computers and peripheral equipment................................. Communications equipment................................................ Audio and video equipment................................................. Semiconductors and other electronic components.............. Navigational, measuring, and other instruments.................. Magnetic and optical media................................................ Electrical equipment, appliances, and components................. Transportation equipment................................. Motor vehicles, bodies and trailers, and parts Other............................................................ Furniture and related products.......................... Miscellaneous manufacturing........................... Wholesale trade.................................................... Finance and insurance........................... * Less than $500,000 (+/-) or fewer than 50 employees. D Suppressed to avoid disclosure of data of individual companies. (D) 222,893 150,128 (D) (D) (D) 13,252 (D) (D) 9,996 (D) 135 209,901 76,297 14,943 (D) (D) 1,562 (D) (D) (D) 3,006 18,611 1,424 11,035 13,296 (D) (D) 25,687 (D) (D) 2,410 (D) (D) (D) (D) 0 0 13,792 (D) (D) (D) 122,853 (D) 1,512 (D) (D) (D) (D) (D) (D) (D) 2 (D) (D) (D) (D) (D) (D) (D) 0 (D) (D) (D) (D) 4 0 2 0 (D) (D) (D) (D) (D) 1,363 (D) 1,157 (D) (D) 805 (D) (D) (D) (D) 12 55 (D) (*) 988 (D) 51 338 40 U.S. Multinational Companies November 2013 Table 2.2. Selected Statistics for U.S. Parents by Industry of U.S. Parent, 2011 Millions of dollars Total assets Sales U.S. exports U.S. imports of goods of goods shipped by shipped to parents parents Net income Capital R&D expenditures expenditures Thousands Compensation of employees of employees Value added All industries................................................................. 30,558,536 10,645,399 670,219 875,072 1,030,172 517,041 223,217 3,093,435 1,677,364 22,871.8 Mining......................................................................................... Oil and gas extraction.............................................................. Other....................................................................................... 516,136 296,370 219,766 148,737 71,622 77,116 13,559 (D) (D) 2,558 (D) 39,349 18,189 21,160 47,197 34,902 12,294 672 (D) (D) 93,421 47,301 46,121 20,823 6,190 14,632 201.1 40.9 160.2 Manufacturing............................................................................ 6,407,693 4,561,870 571,174 645,660 163,132 1,219,343 608,783 6,840.5 477,842 256,894 27,990 6,361 120,268 29,296 1,024,849 461,190 95,182 24,610 7,737 80,143 27,107 1,187,666 51,092 (D) (D) 4,470 6,287 481,985 44,894 19,422 1,106 223 10,803 1,198 104,443 188,847 Food........................................................................................ Beverages and tobacco products.. Textiles, apparel, and leather products.................................... Wood products............................. Paper........................................... Printing and related support activities..................................... Petroleum and coal products........ 11,136 3,543 664 148 3,121 610 48,862 2,565 289 203 47 1,229 79 3,016 102,329 53,947 7,106 1,712 26,476 11,580 177,872 49,085 10,416 4,546 1,349 15,837 6,623 39,032 816.6 140.4 96.3 19.8 178.6 105.7 284.6 Chemicals................................... Basic chemicals.................................................................. Resins and synthetic rubber, fibers, and filaments............... Pharmaceuticals and medicines......................................... Soap, cleaning compounds, and toilet preparations............ Other................................................................................... 1,277,359 129,226 122,253 801,818 126,313 97,749 608,036 119,570 64,963 295,731 62,240 65,531 89,697 22,310 14,095 40,537 3,410 9,346 108,596 10,821 7,990 62,262 18,266 9,257 20,654 3,837 3,284 8,114 2,790 2,629 52,426 1,116 3,428 44,427 2,131 1,324 211,206 25,562 17,781 115,003 31,579 21,281 94,430 9,834 10,210 55,164 8,989 10,234 765.6 89.4 80.7 370.1 104.8 120.6 Plastics and rubber products................................................... Nonmetallic mineral products.................................................. Primary and fabricated metals................................................ Primary metals............. Fabricated metal products................................................... 102,440 61,099 236,436 170,723 65,713 96,260 36,643 190,890 140,457 50,433 83,246 (D) (D) (D) 1,807 (D) 13,441 1,790 (D) (D) 4,385 5,599 921 5,479 2,116 3,362 2,720 1,905 6,273 5,002 1,271 1,237 429 1,362 654 708 26,609 11,656 51,363 35,295 16,067 273.3 97.1 418.1 266.8 151.3 Machinery................................................................................ Agriculture, construction, and mining machinery................. Industrial machinery............................................................ Other................................................................................... 366,290 176,770 77,171 112,349 231,301 98,430 42,125 90,747 52,742 26,763 10,320 15,660 24,082 25,493 11,249 5,971 8,274 9,390 4,429 2,241 2,720 8,288 3,535 1,899 2,854 74,477 29,076 15,189 30,213 17,897 7,792 33,265 22,426 10,839 46,347 17,524 9,254 19,569 Computers and electronic products........................................ Computers and peripheral equipment................................. Communications equipment................................................ Audio and video equipment................................................. Semiconductors and other electronic components.............. Navigational, measuring, and other instruments.................. Magnetic and optical media................................................ 714,836 173,836 129,736 453,779 144,402 68,197 8,097 130,811 102,272 (D) 15,626 52,450 7,147 9,586 509 22,811 12,396 39,941 6,483 9,487 529 15,714 7,727 0 134,489 5,253 25,504 2,463 58,983 42,286 88,521 21,463 12,427 1,789 24,860 27,981 859.6 214.2 112.7 21.7 218.4 292.5 2,071 252 12,435 221 (D) (D) 3,509 22,609 (D) (D) (D) (D) (D) 149 265,213 (D) 3,710 (D) 49,872 10,363 8,733 (D) 534.2 173.6 105.9 254.7 (*) 0 0 (*) 22,567 7,297 1,943 274 11,085 1,966 2 (*) O (*) 98,791 836,088 436,411 399,677 21,900 104,548 16,057 (D) (D) (D) (D) 136,387 1,785 1,295 (D) (D) 14,477 74,347 44,033 30,313 -255 12,788 4,229 49,227 37,470 11,757 287 3,511 3,606 40,954 13,569 27,386 270 7,191 32,606 242,190 86,185 156,005 6,246 47,480 19,217 141,795 38,303 103,492 4,968 27,663 242.9 1,606.5 604.7 1,001.8 84.8 316.5 964,963 67,097 56,624 108,163 733,080 1,229,131 81,921 105,137 381,069 661,004 63,974 2,878 8,119 974 52,004 152,621 18,730 38,431 2,004 2,161 4,990 29,277 32,669 1,391 6,566 1,173 23,540 6,410 1,413 160,810 14,615 6,722 21,286 118,187 83,193 9,675 2,608 10,134 60,775 1,102.8 109.2 26.5 124.7 842.4 Retail trade................................................................................. General merchandise stores................................................... Clothing and clothing accessories stores................................ Other....................................................................................... 567,452 252,613 58,460 256,379 988,637 500,022 85,677 402,939 4,769 55,261 (D) (D) 23,694 9,841 2,397 11,456 (D) (D) 46,878 22,129 6,768 17,981 264,655 125,509 30,708 108,437 128,023 58,736 15,313 53,975 4,379.1 2,182.1 694.3 1,502.7 Information................................................................................. Publishing industries............................................................... Motion picture and sound recording industries........................ Broadcasting (except Internet) and telecommunications......... Broadcasting (except Internet)............................................ Telecommunications............................................................ Data processing, hosting, and related services....................... Other information services...................................................... 1,604,818 260,205 72,567 1,027,075 392,658 634,417 50,264 194,707 813,016 151,148 38,803 478,239 170,895 307,345 64,955 79,871 4,684 3,572 (D) 71 (D) (D) (D) (D) 65,189 4,421 776 51,522 9,174 42,348 1,471 6,998 24,997 15,254 (D) 1,415 (D) (D) 93,847 34,889 -94 42,207 20,424 21,783 2,387 14,458 344,069 78,231 7,057 200,197 70,444 129,753 13,817 44,767 155,656 42,070 4,460 76,214 29,698 46,517 7,159 25,753 1,695.6 364.9 62.4 931.7 355.0 576.6 79.8 256.9 Finance and insurance............................................................. Depository credit intermediation (banking)............................. Finance, except depository institutions................................... Insurance carriers and related activities................................... 18,093,893 7,402,010 5,406,034 5,285,849 1,622,671 431,610 393,368 797,693 (D) <D) 0 (D) (D) 190,387 60,977 63,411 65,999 46,508 7,503 28,348 10,657 464 0 (D) 0 355,946 161,164 121,852 72,929 292,363 118,270 88,350 85,743 2,509.2 1,152.6 535.5 821.1 Professional, scientific, and technical services...................... Architectural, engineering, and related services...................... Computer systems design and related services...................... Management, scientific, and technical consulting.................... Advertising and related services............................................. Other....................................................................................... 505,352 53,991 247,449 19,819 65,819 118,274 331,743 57,086 129,544 13,027 24,595 107,491 (D) (D) (D) (*) (D) (D) (D) O 60,465 680 29,794 1,312 1,953 26,727 9,022 811 4,752 292 620 2,548 21,631 201,980 24,445 83,400 8,294 14,766 71,075 130,739 23,273 47,691 7,125 10,887 41,763 1,293.3 228.5 445.3 42.2 97.4 480.0 Other industries........................................................................... 1,898,229 20,108 52,919 496,616 452,082 207,642 168,266 166,047 60,631 171,843 102,076 949,594 9,283 70,105 186,711 274,707 70,410 1,393 131,348 54,458 93,927 57,251 7,714 (D) (D) 78,830 1,897 3,430 12,486 19,757 6,865 7,868 4,927 4,648 10,427 6,525 103,914 333 883 37,597 25,499 24,114 81 5,907 2,343 3,859 3,300 (D) 453,212 4,480 21,695 61,298 128,488 40,690 3,651 76,482 35,607 53,103 27,717 257,783 1,608 17,021 17,352 71,374 17,551 245 57,555 24,823 30,787 19,467 4,850.1 27.4 177.9 158.6 1,002.8 210.9 3.0 1,125.1 398.7 1,260.1 485.5 (D) 231,880 170,136 (D) Electrical equipment, appliances, and components................. Transportation equipment........................................................ Motor vehicles, bodies and trailers, and parts...................... Other................................................................................... Furniture and related products................................................ Miscellaneous manufacturing.................................................. 159,406 1,290,534 537,136 753,398 24,706 231,087 Wholesale trade......................................................................... Professional and commercial equipment and supplies............ Petroleum and petroleum products......................................... Drugs and druggists’ sundries................................................ Other....................................................................................... Agriculture, forestry, fishing, and hunting................................ Construction............................................................................ Utilities.......................................... Transportation and warehousing... Real estate and rental and leasing Management of nonbank companies and enterprises............. Administration, support, and waste management.................... Health care and social assistance........................................... Accommodation and food services......................................... Miscellaneous services........................................................... * Less than $500,000 (+/-) or fewer than 50 employees. D Suppressed to avoid disclosure of data of individual companies. (D) (D) 23,671 (D) 1,350 (D) 1 (D) (D) (D) (D) (D) (D) 0 (D) (D) (D) (D) (D) (D) (D) 2,446 (D) (D) (D) (D) (D) (D) (D) 4 0 2 (D) (D) (D) (D) (D) (D) (D) 0 (D) (D) (*) 218 (D) 1,447 (D) 0 8 (D) (D) 931 (D) (D) (D) 113 (D) 12,745 (D) (D) 7,425 (D) (D) 15 33 (D) (*) (D) (D) 53 360 November 2013 S urvey of 41 C u r r e n t B u s in e s s Table 3. Selected Statistics for Foreign Affiliates by Country of Affiliate, 2010 and 2011 2010 2011 Millions of dollars Total assets Net income Sales All countries.......................................... 23,264,511 Canada............................................................... 1,224,161 Millions of dollars U.S. U.S. Thousands exports of imports of Compen of employees goods goods sation of shipped to shipped by employees affiliates affiliates 6,066,670 1,145,989 259,437 308,607 559,135 600,161 79,840 (D) (D) 58,917 Europe................................................................ 12,309,182 2,799,255 Austria............................................................. 20,222 (D) Belgium........................................................... 130,775 (D) 18,636 Czech Republic............................................... (D) Denmark.......................................................... (D) (D) Finland............................................................. 15,433 10,643 211,677 France............................................................. 399,934 Germany.......................................................... 890,001 363,995 Greece............................................................. (D) (D) Hungary........................................................... 52,439 19,039 271,794 Ireland............................................................. 845,349 Italy.................................................................. 131,316 187,678 Luxembourg..................................................... 1,254,607 28,923 1,812,144 242,155 Netherlands..................................................... Norway............................................................ 51,486 (D) 40,124 Poland............................................................. 63,956 Portugal........................................................... 13,935 (D) 41,474 Russia............................................................. 62,231 Spain............................................................... 195,410 100,793 Sweden........................................................... 121,423 32,332 Switzerland...................................................... 542,275 275,761 Turkey.............................................................. 40,122 (D) United Kingdom............................................... 4,907,688 658,153 Other............................................................... 152,327 53,609 629,585 3,739 (D) 1,606 (D) 804 8,790 12,982 (D) 2,017 95,671 5,436 95,235 159,112 13,411 2,733 (D) 5,871 13,801 1,091 55,663 (D) 97,392 17,461 69,377 276 5,163 160 335 141 (D) 8,951 175 142 8,090 1,152 489 (D) 193 470 91 299 (D) 439 (D) 227 (D) (D) 79,239 159 3,424 (D) 295 175 (D) 7,276 3 618 28,769 1,565 322 (D) 801 288 88 56 919 344 (D) 38 12,814 (D) 288,508 3,306 12,162 (D) (D) 1,514 36,611 50,462 (D) 1,679 7,290 15,206 (D) 17,140 4,139 4,223 1,464 2,901 11,975 (D) 10,323 3,064 86,654 3,469 Latin America and Other Western Hemisphere South America................................................. Argentina..................................................... Brazil........................................................... Chile............................................................ Colombia..................................................... Ecuador....................................................... Peru............................................................. Venezuela.................................................... Other........................................................... Central America............................................... Costa Rica................................................... Honduras.. Mexico Panama.... Other ................................................... Other Western Hemisphere............................. Barbados..................................................... Bermuda...................................................... Dominican Republic.................................... United Kingdom Islands, Caribbean............. Other........................................................... 3,947,192 567,422 62,682 293,725 79,335 52,654 10,374 1,147 (D) 897 63,122 (D) (D) 3,061 673 574 59,565 32,840 4,220 19,368 3,083 2,175 (D) (D) (D) (D) (D) 378,627 (D) 14,420 2,910,276 51,937 957,474 8,647 1,289,915 602,303 Africa.................................................................... 309,296 118,227 Egypt............................................................... Nigeria............................................................. South Africa..................................................... Other............................................................... 22,874 65,700 44,875 175,848 14,952 22,912 36,411 43,952 (D) 25 3,149 (D) Middle East.......................................................... 220,770 149,858 35,244 Israel................................................................ Saudi Arabia.................................................... United Arab Emirates...................................... Other............................................................... 37,718 32,896 24,785 125,371 18,539 26,593 (D) Asia and Pacific................................................... Australia........................................................... China............................................................... Hong Kong....................................................... India................................................................. Indonesia......................................................... Japan Korea, Republic o f........................................... Malaysia.......................................................... New Zealand................................................... Philippines....................................................... Singapore........................................................ Taiwan............................................................. Thailand........................................................... Other (D) (D) 204,467 38,347 3,922 17,823 5,440 (D) (D) (D) (D) (D) 13,722 23,803 (D) (D) (D) 469,494 265,059 (D) 720 22,519 (D) 5,057 227,473 10,907 (D) 125,656 10,216 50,686 5,960 34,346 24,447 18,694 (D) 764 143,601 2,881 84,573 514 45,196 10,436 (D) (D) (D) 728,550 337,836 44,287 187,351 32,645 24,004 Total assets Net income Sales 13,495.6 22,906,514 6,951,733 1,223,189 287,221 350,494 598,426 688,835 90,882 80,461 (D) 62,716 1,134.0 4,598.2 13,247,447 3,161,883 40.9 21,308 (D) 143.4 153,305 (D) L 20,478 (D) K (D) (D) 20.1 12,050 16,910 503.1 233,829 391,073 668.2 924,674 404,190 L (D) (D) 20,164 61.8 46,344 L 323,413 994,931 238.5 215,586 139,979 36,157 17.5 1,510,601 232.2 1,916,605 277,169 61,495 39.6 116,695 45,184 178.9 67,637 14,007 33.0 (D) 129.2 52,321 75,456 198.8 186,474 105,461 L 37,321 (D) 102.7 312,542 627,339 78.9 37,321 36,016 1,398.6 5,206,639 745,956 149.7 180,135 64,663 652,797 3,039 (D) 1,616 (D) 782 9,628 20,069 -1,275 2,951 (D) 6,307 (D) 155,180 13,219 3,316 (D) 6,248 10,151 2,877 56,599 -383 92,784 24,958 74,874 268 5,707 (D) 358 166 (D) 8,005 172 226 9,311 1,180 569 (D) 1,275 519 53 568 (D) 467 (D) 265 13,334 574 86,737 242 5,766 (D) 381 248 (D) (D) 5 479 29,232 1,587 357 (D) 1,434 358 83 149 (D) 383 (D) (D) 16,334 (D) 309,595 3,615 13,281 (D) (D) (D) 39,694 54,576 (D) 1,792 7,687 16,990 (D) 18,391 4,735 4,481 1,559 4,351 12,294 (D) 11,688 2,654 90,534 3,728 4,708.4 44.1 143.3 L K 21.1 506.8 681.0 L 65.0 101.2 239.2 J 233.9 42.1 188.2 31.9 157.2 193.3 L M 62.9 1,451.1 153.0 3,872,715 602,582 61,856 323,186 79,894 209,821 36,965 3,865 14,899 5,852 (D) 65,446 13,771 1,677 7,519 1,051 72,847 (D) 5,229 (D) 373 436 65,430 37,197 4,698 22,059 3,353 (D) (D) (D) (D) (D) (D) (D) 1,102.2 1,282,065 370 (D) 180 593 (D) 499 20,866 (D) 906 2,544 54 (D) 329 262 1,627 (D) 34,302 1,888 3,937 7,703 247.5 349,262 139,257 38,087 2,052 3,881 8,680 256.5 2,797 (D) 784 17,327 3,113 (D) 3 918 (D) (D) 529 2,276 3,764 (D) 45.3 9.4 97.3 95.5 26,096 (D) (D) (D) (D) 4,414 (D) 48.1 8.6 102.4 97.4 (D) (D) 8,252 139.4 1,902 152 (D) (D) (D) 1,644 (D) 174 1,678 3,862 1,215 (D) (D) 77.5 18.5 23.2 20.2 (D) (D) 182 1,107 134 40,693 388 548 38,295 (D) (D) 1,587 (D) 17 2,146 (D) (D) 50,185 1,605 24,180 (D) 46,938 0 (D) (D) (D) (*) (D) (D) (D) (D) (D) (D) (D) 16,757 472,820 (D) (D) 378,760 (D) 14,246 2,797,313 57,792 995,564 8,404 1,069,228 666,325 828,769 398,774 52,859 222,294 37,203 (D) (D) 16,027 29,106 8,868 295,197 (D) 5,596 252,111 13,612 (D) 134,798 10,477 46,129 6,638 41,690 29,864 2,349 55,836 1,198 6,157 9,155 138.8 39,563 39,219 30,030 135,395 17,216 39,403 61,001 93,292 1,480 (D) 2,085 162 (D) (D) 4,223 1,475 (D) 13 (D) (D) 73.3 19.6 24.7 21.3 175,766 63,190 (D) 142,851 4,638.3 (D) 8,385 4,692 1,336 595 12,796 2,776 1,867 178 3,807 7,738 6,540 (D) 25,336 27,029 14,983 5,103 10,466 16,599 7,717 6,500 1,219 2,231 44,638 3,090 6,878 3,976 27,731 18,711 7,679 14,050 2,288 39,101 7,226 2,985 1,713 2,256 10,738 2,981 3,339 2,052 347.2 1,445.6 135.6 947.2 109.1 547.3 141.5 161.5 35.0 192.0 185.8 98.2 200.9 91.5 4,198.3 12,252,720 2,659,035 160.3 269,616 406,333 552,967 77,834 285,053 8,931 4,288.5 164.1 (D) 7,423 4,039 1,055 490 11,834 2,615 2,647 163 2,888 8,278 6,139 (D) 345.7 1,637.5 133.1 836.8 110.3 547.4 138.1 151.3 32.9 178.4 163.7 99.6 206.5 75.9 607,619 330,429 390,895 140,017 66,105 1,203,929 195,895 77,581 23,540 38,902 569,999 90,580 112,852 62,477 11,354,864 2,359,141 351,334 196,517 533,740 53,989 167 292 (D) (D) (D) 266,948 7,978 (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) 507 22,241 (D) 887 2,620 51 (D) 210,911 18,019 39,471 15,742 4,749 9,486 10,116 7,485 6,566 328 2,115 35,621 3,849 6,264 2,742 (D) (D) (D) (D) 244,206 3,910,820 1,922,079 46,516 57,996 74,756 (D) 56,375 50,751 1 25 4,657.1 (D) (D) (D) 737 42,125 (D) 2,485 442 25,613 (D) (D) 136,190 54 485 199 947 (D) (D) 21,359 (D) 605 147,724 54,640 1,584 (D) 57,330 186,845 66,363 19,302 36,561 518,736 148,451 107,990 49,062 94 6,073 267 45,273 3,831 (D) 59,045 (D) (D) (D) (D) 806 25,132 (D) (D) 255 5,449 2,175 (D) (D) (D) (D) (D) (D) 45,580 (D) 162,552 (D) (D) 58 (D) (D) (D) (D) (D) 24,690 25,394 7,237 11,748 2,101 35,933 6,393 2,682 1,394 1,962 9,003 2,919 3,057 1,678 6,401 (D) 798 (D) 2,805.3 1,110.2 146.2 611.4 129.2 L J K 68.2 16.2 1,582.9 L 54.5 1,340.1 K 81.0 112.2 1.4 K L 4.5 K 56,370 5,253,910 1,670,620 185,329 303,281 110,000 65,621 34,144 303,618 107,154 57,286 13,592 21,190 13,681.3 2,751.2 1,089.5 151.5 594.3 123.1 72.8 J K 67.8 J 1,547.6 L 55.0 1,302.4 K 83.2 114.1 1.4 K L 4.4 29.2 (D) (D) 535,391 (D) 354,937 119,267 61,423 U.S. Thousands U.S. exports imports of Compen of employees of goods goods sation of shipped to shipped by employees affiliates affiliates 216,418 294,947 126,119 79,334 38,328 349,824 130,917 65,787 16,539 24,774 (D) 40,148 66,971 (D) (D) (D) (D) (D) 192 (D) 83 577 (D) 231 5,230 3,402 (D) 107 911 (D) (D) (D) 272 (D) Addenda: European Union (27)1.................................... OPEC 2............................................................ 2,571 * 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, and the United Kingdom. (D) (D) 2,801 7,084 2. OPEC is the Organization of Petroleum Exporting Countries. In 2010 and 2011, its members were Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. N ote. 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. U.S. Multinational Companies 42 November 2013 Table 4.1. Selected Statistics for Majority-Owned Foreign Affiliates by Country of Affiliate, 2010 Millions of dollars Sales Total assets Total Goods supplied Services supplied Other 1 Net income U.S. exports U.S. imports Capital R&D of goods of goods expenditures expenditures shipped to shipped by MOFAs MOFAs Value added Thousands Compensation of employees of employees 5,168,635 3,706,043 1,250,252 212,339 1,026,365 166,384 39,887 249,283 298,640 1,242,237 493,629 1,170,385 575,184 430,725 123,979 20,480 77,847 22,863 2,765 72,638 97,412 130,571 57,434 1,085.5 Europe.................................................................. 11,325,199 1,777,442 15,648 97,444 12,723 14,464 8,149 149,136 248,747 5,356 14,431 182,203 84,256 11,083 140,572 44,578 28,166 7,794 644,391 4,356 20,940 3,496 4,442 2,099 45,453 57,212 1,525 3,375 81,795 26,388 9,919 48,484 5,992 6,062 3,320 (D) (D) 15,879 8,243 70,901 208,621 5,595 590,196 3,753 18,133 1,248 7,065 784 7,297 10,551 -161 1,952 95,344 2,857 95,084 149,665 13,313 2,089 3,541 4,738 12,200 1,019 55,339 2,756 84,796 16,833 56,430 650 1,991 333 646 161 4,097 7,379 106 450 4,908 2,490 276 2,876 6,236 1,073 316 1,483 1,855 452 1,611 471 12,284 4,284 23,902 278 2,031 56 199 221 2,021 6,717 27 65 1,431 596 66,067 21,979 195,605 (D) 340,851 43,873 85,082 121 4,845 386 169 96 3,004 6,225 249 268 5,642 1,516 5,835 7,910 186 1,202 362 717 2,057 491 2,216 284 40,623 681 66,798 276 5,160 158 335 141 4,815 8,949 175 142 8,086 1,081 489 9,435 193 470 91 295 1,719 439 11,163 217 12,509 461 78,956 159 3,424 226 295 175 5,359 7,273 3 618 28,769 1,510 322 4,040 801 285 88 56 917 344 11,211 38 12,812 230 601,005 5,748 24,741 5,514 8,986 2,786 50,240 85,451 3,053 4,096 61,741 28,301 3,120 25,036 26,134 10,532 4,538 9,300 17,508 5,892 33,555 7,876 153,330 23,528 265,473 3,288 11,080 2,137 3,051 1,487 34,211 48,016 1,128 1,629 7,190 13,886 1,389 16,004 4,054 3,776 1,360 2,756 10,648 4,662 9,749 1,819 78,843 3,308 4,080.8 40.3 132.5 80.2 32.6 19.8 465.4 621.1 18.2 59.7 98.0 205.6 16.5 220.0 38.6 153.2 30.6 122.9 176.1 64.9 88.1 44.4 1,213.0 139.3 44,777 10,455 905 6,565 949 580 59 114 190,412 33,855 3,746 16,812 5,010 1,905 239 2,588 2,834 721 17,088 944 135 15,399 -96 707 139,469 2,884 81,778 375 44,864 9,569 24,365 15,867 2,922 8,512 1,783 1,044 55 919 467 164 6,014 188 30 5,235 243 318 2,485 2,553 50,453 9,945 1,145 5,559 896 825 182 207 996 134 39,019 387 548 36,637 681 766 1,489 60,366 10,720 4,756 3,019 672 574 (D) 2 2 1 (D) (D) (D) (D) 153,250 89,428 16,498 44,338 9,137 6,458 971 5,688 4,958 1,382 42,107 1,788 756 36,610 814 2,139 21,715 1,758 8,070 1,022 5,389 5,475 50,015 29,997 3,936 18,068 2,615 1,876 301 926 1,898 376 18,553 750 402 16,265 456 679 1,465 53 378 228 241 565 2,260.8 994.4 141.2 565.0 110.0 58.8 14.9 37.0 51.2 16.2 1,217.1 47.0 46.1 1,042.3 21.6 60.1 49.3 1.4 3.2 24.9 4.0 15.9 14,507 1,666 3,532 699 8,610 86 6 3 71 6 1,782 3,846 (D) (D) (D) (D) (D) 55,131 5,551 18,595 5,803 25,183 6,060 655 608 2,488 2,309 178.4 30.0 8.6 61.1 78.8 2,016 2,000 613 152 2,693 1 (D) (D) (D) 15 1 339 174 (D) 6,297 3,675 664 1,169 790 111.6 69.8 10.8 19.8 11.2 Ail countries............................................. 19,582,476 Canada.................................................................. Austria............................................................. Belgium........................................................... Czech Republic............................................... Denmark.......................................................... Finland............................................................. France.............................................................. Germany.......................................................... Greece............................................................. Hungary........................................................... Ireland............................................................. Italy.................................................................. Luxembourg..................................................... Netherlands..................................................... Norway............................................................ Poland............................................................. Portugal........................................................... Russia............................................................. Spain............................................................... Sweden............................................................ Switzerland...................................................... Turkey.............................................................. United Kingdom............................................... Other............................................................... 35,340 346,331 28,740 56,802 14,861 373,084 645,727 9,832 50,767 840,882 155,883 1,237,307 1,686,369 111,354 59,421 33,886 47,818 172,603 117,341 535,946 22,386 4,596,903 145,617 2,506,916 20,125 123,228 16,605 19,075 10,344 197,592 312,184 7,130 18,074 269,639 112,160 26,837 196,966 50,755 35,429 11,476 34,191 84,004 30,713 268,723 21,422 590,095 50,148 Latin America and Other Western Hemisphere 3,701,991 467,292 58,259 241,572 70,837 22,453 4,381 23,963 28,902 16,926 383,462 29,109 2,869 328,928 9,909 12,646 2,851,238 49,941 928,086 4,109 1,275,223 593,878 625,184 301,676 41,703 171,794 28,367 20,578 4,114 12,281 16,041 6,797 214,954 7,483 3,665 187,526 6,847 9,433 108,555 10,186 41,786 4,636 33,917 18,031 436,592 233,249 33,271 134,302 18,917 15,776 3,206 143,815 57,972 7,528 30,927 8,501 4,223 849 (D) (D) (D) 7,948 8,340 25,494 1,797 13,716 6 8,233 1,743 274,958 19,614 62,234 29,458 163,652 97,853 12,281 21,700 23,548 40,323 84,140 10,689 12,612 1,427 1,101 165 31,602 2,374 (D) (D) (D) (D) 18,389 4,677 482 1,218 (D) (D) (D) (D) 122,736 34,913 12,524 19,151 56,148 64,126 15,740 5,991 27,507 14,887 37,384 875 12,469 1,539 (D) 25,867 4,095 2,126 16,349 3,298 2,987,207 494,608 209,320 270,589 88,883 52,007 951,445 134,697 54,837 16,225 28,460 454,118 141,735 48,354 41,929 1,299,372 151,498 169,828 102,815 49,301 25,731 246,223 55,149 50,433 11,593 18,154 308,775 44,270 47,659 17,942 939,761 96,164 137,994 64,413 27,573 22,534 145,523 39,901 42,897 8,303 13,707 261,767 28,085 43,178 7,721 10,499,404 231,270 2,101,297 104,150 1,464,865 75,234 South America................................................. Argentina..................................................... Brazil........................................................... Chile............................................................ Colombia..................................................... Ecuador....................................................... Peru............................................................. Venezuela.................................................... Other........................................................... Central America............................................... Costa Rica................................................... Honduras..................................................... Mexico......................................................... Panama....................................................... Other........................................................... Other Western Hemisphere.............................. Barbados..................................................... Bermuda...................................................... Dominican Republic..................................... United Kingdom Islands, Caribbean............. Other........................................................... Africa.................................................................... Egypt............................................................... Nigeria............................................................. South Africa..................................................... Other............................................................... Middle East........................................................... Israel................................................................ Saudi Arabia.................................................... United Arab Emirates....................................... Other............................................................... Asia and Pacific................................................... Australia........................................................... China............................................................... Hong Kong....................................................... India................................................................. Indonesia......................................................... Japan............................................................... Korea, Republic o f........................................... Malaysia.......................................................... New Zealand................................................... Philippines....................................................... Singapore........................................................ Taiwan............................................................. Thailand........................................................... Other............................................................... 12,096 (D) 162,447 (D) (D) 141,658 (D) (D) 1,270 43,679 1,507 364 37,542 (D) (D) 6,846 40,897 5,714 42,164 2,675 (D) (D) 3,102 1,527 (D) (D) (D) 3,819 10,899 (D) (D) 8,828 (D) (D) 8,326 86 (D) (D) 1,282 136 135 56 65 361 400 1,588 54 5,788 (D) (D) 117 1,389 21 (D) 1 8 27 (D) 365 20 3 337 2 2 (D) (D) (*) (D) 528 153 620 (D) 370 380 180 23 1,009 (D) (D) 17 (D) 47,748 1,605 755 44,660 0 727 1,897 (D) (*) 361 11,313.4 46 260 1,338 (D) (D) 3,171 660 199 263 2,048 (D) 23,289 6,934 1,253 5,861 9,242 299,588 46,752 30,522 35,664 19,543 2,714 70,456 11,521 7,226 2,764 4,269 44,104 9,902 4,206 9,946 60,024 8,582 1,312 2,737 2,186 482 30,245 3,727 310 526 178 2,904 6,283 275 276 123,839 17,481 14,449 13,079 4,522 7,896 9,425 3,355 6,163 195 1,895 33,639 4,106 5,207 2,428 45,048 10,945 7,642 1,033 2,270 2,227 4,348 1,811 2,509 252 1,413 4,677 1,275 2,365 2,281 8,564 982 1,535 148 1,716 28 1,812 824 348 21 54 738 278 75 2 56,999 5,976 7,354 4,039 914 490 11,482 2,230 2,641 163 1,005 15,779 2,544 2,216 167 55,368 2,888 7,948 6,139 1,033 254 4,677 1,850 7,203 54 484 17,017 2,185 3,346 292 278,991 49,165 36,984 13,718 17,719 16,563 47,928 11,169 12,417 1,962 5,044 27,210 6,158 13,780 19,173 108,349 21,876 13,684 6,572 10,359 1,971 28,021 5,352 2,551 1,272 1,834 8,334 2,727 2,315 1,481 3,596.4 290.9 1,125.3 117.5 712.7 100.6 311.9 118.9 146.6 30.2 170.8 152.3 88.9 162.9 67.0 554,958 27,391 81,474 1,525 498,823 30,318 43,007 10,488 22,046 49 54,724 1,941 66,759 4,275 506,516 52,086 245,984 5,929 3,739.4 120.4 (D) (D) Addenda: European Union (27)2.................................... OPEC 3............................................................ included in services supplied). In industries other than finance and insurance, investment income is generally considered * Less than $500,000 (+/-). to be an incidental revenue source; this income is included in the income statement in a separate “other income” category, D Suppressed to avoid disclosure of data of individual companies. 1. “Other” consists largely of investment income that is included in “sales or gross operating revenues” in the income but is not included in sales or in this column. statement. In finance and insurance, investment income is included in sales because it is generated by a primary activity of 2. 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, the company. For insurance, “other'’ consists of investment income remaining after BEA’s estimate of investment income earned on funds insurers hold on behalf of policyholders is removed (and included in the services supplied measure) plus Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. the portion of premiums set aside for the settlement of expected or “normal" losses. For banks, “other” consists of the 3. OPEC is the Organization of Petroleum Exporting Countries. In 2010, its members were Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. investment income remaining after BEA’s estimate of the value of implicit services provided by banks is excluded (and November 2013 S u r v e y o f C u r r e n t B u s in e s s 43 Table 4.2. Selected Statistics for Majority-Owned Foreign Affiliates by Country of Affiliate, 2011 Millions of dollars Sales Total assets All countries............................................ 20,698,909 Total Goods supplied Services supplied Net income Other 1 U.S. exports U.S. imports R&D Capital of goods of goods expenditures expenditures shipped to shipped by MOFAs MOFAs Value added Thousands Compen of employees sation of employees 5,968,678 4,355,206 1,388,981 224,491 1,115,185 189,892 45,752 276,171 338,795 1,445,198 535,683 Canada................................................................. 1,218,973 662,010 509,766 133,009 19,235 87,092 26,037 3,399 76,783 116,829 145,380 61,023 1,115.7 Europe.................................................................. 12,175,050 2,847,781 2,052,134 698,500 97,147 621,870 63,582 27,656 72,697 86,440 697,761 283,300 4,191.4 Austria............................................................. Belgium........................................................... Czech Republic............................................... Denmark.......................................................... Finland............................................................. France............................................................. Germany.......................................................... Greece............................................................. Hungary........................................................... Ireland............................................................. Italy.................................................................. Luxembourg..................................................... Netherlands..................................................... Norway............................................................ Poland............................................................. Portugal........................................................... Russia............................................................. Spain............................................................... Sweden........................................................... Switzerland...................................................... Turkey.............................................................. United Kingdom............................................... Other............................................................... 41,146 354,471 29,489 61,247 16,598 368,520 673,864 10,281 44,670 988,694 164,557 1,422,641 1,789,640 115,589 58,956 44,119 61,144 162,739 120,760 620,372 19,340 4,835,194 171,020 21,206 144,096 18,354 21,171 11,819 220,300 352,743 7,218 19,217 320,921 121,054 33,471 228,316 60,776 40,024 11,438 45,756 89,194 36,116 304,431 23,153 655,521 61,486 16,353 117,261 14,401 16,063 9,337 166,498 280,697 5,458 15,561 216,656 91,465 14,515 163,377 54,275 32,287 7,703 (D) 70,073 25,708 222,422 18,877 402,042 (D) 4,745 22,436 3,622 4,786 2,329 50,173 65,325 1,472 3,304 96,254 27,582 11,837 54,649 6,320 6,634 3,342 (D) 16,893 9,793 79,186 3,856 209,601 (D) 108 4,399 331 322 153 3,629 6,721 288 351 8,012 2,008 7,119 10,289 180 1,104 393 892 2,227 616 2,823 420 43,878 882 3,035 11,822 1,306 2,807 780 9,515 17,456 -249 2,928 143,871 5,277 76,108 149,058 13,050 2,618 5,683 5,628 7,460 2,751 56,318 -792 80,902 24,537 659 2,275 392 797 280 4,825 7,656 107 458 6,221 2,471 275 3,894 4,611 1,177 251 1,822 1,940 520 1,948 388 16,424 4,191 288 2,427 129 187 230 2,179 7,268 26 77 1,322 931 (D) 1,434 146 197 58 163 375 487 2,285 61 6,883 (D) 268 5,705 184 358 166 5,249 8,003 172 226 9,307 1,112 569 10,043 1,275 519 53 565 1,617 467 12,938 252 13,074 574 242 5,766 242 381 248 3,941 8,264 5 479 29,232 1,530 357 4,796 1,434 355 83 149 1,008 383 10,967 (D) 16,318 (D) 5,247 24,499 5,910 9,883 3,383 56,663 94,872 3,134 5,028 96,101 32,305 3,939 34,803 30,519 12,150 2,618 13,019 18,183 7,419 38,804 7,830 160,869 30,582 3,597 12,023 2,311 3,066 1,547 37,248 51,109 1,130 1,695 7,362 15,143 1,209 17,192 4,671 3,935 1,368 4,215 11,219 5,451 11,122 1,934 81,253 3,498 43.5 131.9 87.3 32.1 20.8 470.0 632.2 17.9 62.6 98.4 207.8 13.6 222.2 41.3 155.9 29.7 150.8 175.7 65.3 91.8 44.6 1,252.7 143.5 Latin America and Other Western Hemisphere 3,637,270 716,007 509,764 161,710 44,534 195,835 27,814 2,851 63,003 69,504 169,204 55,349 2,285.1 South America................................................. Argentina..................................................... Brazil........................................................... Chile............................................................ Colombia..................................................... Ecuador....................................................... Peru............................................................. Venezuela.................................................... Other........................................................... Central America............................................... Costa Rica................................................... Honduras..................................................... Mexico......................................................... Panama....................................................... Other........................................................... Other Western Hemisphere............................. Barbados..................................................... Bermuda...................................................... Dominican Republic.................................... United Kingdom Islands, Caribbean............. Other........................................................... 501,736 57,181 267,455 71,747 25,687 4,160 25,333 33,443 16,731 394,409 29,910 2,671 338,519 11,059 12,250 2,741,125 55,835 965,894 4,178 1,056,475 658,743 355,589 49,798 203,611 32,386 23,505 4,657 14,182 18,598 8,852 241,252 8,363 4,055 209,326 9,154 10,354 119,167 10,444 38,744 5,148 41,289 23,541 271,822 40,247 155,769 21,640 (D) 3,712 11,683 14,083 (D) 185,633 6,758 (D) 160,414 (D) 7,483 52,309 5,689 (D) 3,568 17,716 (D) 70,272 8,337 39,024 9,757 (D) 880 2,372 (D) (D) 47,960 (D) 405 41,743 (D) (D) 43,479 2,814 (D) 1,575 13,138 (D) 13,495 1,214 8,818 989 796 64 127 (D) (D) 7,659 (D) (D) 7,169 99 (D) 23,379 1,940 9,408 6 10,435 1,590 31,300 3,583 13,170 5,442 2,231 231 2,608 3,229 806 20,379 720 132 18,769 210 548 144,156 3,990 72,555 445 56,206 10,961 18,142 3,477 9,382 2,167 1,063 83 1,258 501 211 6,316 260 69 5,641 195 151 3,356 (D) 595 176 652 (D) 1,748 136 1,492 21 32 2 8 54 3 (D) 38 3 332 2 (D) (D) 1 (D) 1 (*) 1 13,228 1,677 7,154 1,050 1,322 98 363 1,297 267 43,477 491 737 40,348 826 1,075 6,298 (D) 798 (D) (D) (D) 11,404 5,226 3,058 372 435 (D) (D) (D) (D) 51,694 1,584 1,337 47,965 1 807 6,407 (D) 58 (D) 94 (D) 96,918 17,986 46,699 10,493 7,062 958 6,091 6,074 1,555 51,369 1,762 770 46,195 591 2,050 20,918 3,032 4,319 1,168 6,939 5,460 34,177 4,362 20,600 2,979 2,228 303 1,186 2,080 439 19,745 832 407 17,413 427 666 1,427 50 390 220 183 584 1,005.6 135.0 568.9 116.4 61.8 15.6 39.7 52.0 16.1 1,231.1 47.0 45.5 1,059.9 20.7 58.0 48.4 1.3 3.5 23.2 4.2 16.2 Africa.................................................................... 296,368 111,359 96,869 13,487 1,002 35,743 12,672 102 1,899 3,754 63,026 6,711 187.3 Egypt............................................................... Nigeria South Africa..................................................... Other.. 22,518 74,102 32,503 167,246 14,336 27,000 27,344 42,678 12,706 149 21,649 (D) 1,481 (D) 5,327 1,657 3,306 588 7,121 2 3 90 7 (D) (D) 1,181 509 2 (D) 246 (D) 7,318 23,122 6,534 26,052 782 639 2,851 2,439 32.0 7.8 65.1 82.4 Middle East (D) (D) 369 (D) 2,739 (D) 1,373 (D) (D) 11,785.1 141,126 84,611 52,612 31,058 941 19,961 6,316 2,076 855 5,960 35,961 7,042 115.2 Israel................................................................ Saudi Arabia.................................................... United Arab Emirates...................................... Other............................................................... 38,370 18,299 24,126 60,330 16,109 10,810 41,747 15,944 11,619 8,268 20,768 11,957 4,277 2,505 20,697 3,579 214 37 282 408 1,398 2,550 1,758 14,256 2,750 342 162 130 550 13 1,493 (D) (D) 2,061 1 13 1 83 (D) 7,431 4,467 13,761 10,301 4,079 872 1,377 714 70.7 12.3 21.5 10.6 Asia and Pacific................................................... 3,230,121 1,546,909 1,134,061 351,216 61,632 154,683 53,472 9,668 60,933 56,306 333,866 122,258 3,890.4 Australia........................................................... China.. Hong Kong....................................................... India................................................................. Indonesia......................................................... Japan............................................................... Korea, Republic of........................................... Malaysia.......................................................... New Zealand................................................... Philippines....................................................... Singapore........................................................ Taiwan Thailand........................................................... Other............................................................... 562,375 243,457 299,698 98,398 56,884 1,025,074 137,016 65,855 20,289 30,842 499,118 84,625 54,227 52,264 177,765 206,091 118,224 58,727 30,426 290,391 64,445 54,040 14,159 21,168 394,104 37,882 55,248 24,239 114,547 167,836 75,458 32,648 26,668 179,220 48,084 45,893 9,841 16,207 329,550 29,019 50,188 8,903 53,522 36,585 39,407 23,322 3,243 78,929 12,389 7,759 3,945 4,755 60,139 7,455 4,689 15,077 9,696 1,670 3,360 2,757 515 32,243 3,972 388 373 206 4,415 1,408 370 259 25,343 20,858 11,507 4,924 9,510 13,212 4,299 6,140 1,014 1,880 42,360 3,738 6,194 3,705 14,344 8,287 1,119 2,590 2,587 4,812 2,692 3,316 443 1,092 5,272 1,074 2,574 3,271 1,079 1,646 157 2,075 17 2,129 860 379 (D) 60 848 233 111 (D) 6,367 8,150 4,692 1,200 595 11,828 2,422 1,859 178 471 18,387 2,151 2,442 192 3,807 7,284 6,540 828 228 4,468 2,996 3,410 107 911 19,918 2,198 3,340 272 57,942 45,420 15,548 19,864 18,364 59,451 13,477 13,289 3,309 5,491 36,844 7,591 13,781 23,496 25,023 15,576 6,926 12,127 2,165 30,961 5,988 2,816 1,429 2,123 9,895 2,754 2,623 1,853 307.5 1,232.3 119.3 812.8 102.0 320.2 121.2 156.4 31.5 184.2 168.0 86.9 165.6 82.6 11,225,148 268,399 2,373,936 130,849 1,683,071 96,456 598,389 32,661 92,476 1,733 523,803 40,857 51,459 10,418 24,987 75 57,389 2,333 73,796 583,177 67,770 260,271 6,520 3,815.1 123.4 (D) Addenda: European Union (2 7 )2 ......................................... OPEC 3............................................................ * Less than $500,000 (+/-). D Suppressed to avoid disclosure of data of individual companies. 1. “Other'’ consists largely of investment income that is included in “sales or gross operating revenues” in the income statement. In finance and insurance, investment income is included in sales because it is generated by a primary activity of the company. For insurance, “other” consists of investment income remaining after BEA's estimate of investment income earned on funds insurers hold on behalf of policyholders is removed (and included in the services supplied measure) plus the portion of premiums set aside for the settlement of expected or “normal” losses. For banks, “other” consists of the investment income remaining after BEA’s estimate of the value of implicit services provided by banks is excluded (and (D) included in services supplied). In industries other than finance and insurance, investment income is generally considered to be an incidental revenue source; this income is included in the income statement in a separate “other income” category, but is not included in sales or in this column. 2. 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, and the United Kingdom. 3. OPEC is the Organization of Petroleum Exporting Countries. In 2011, its members were Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. 44 U.S. Multinational Companies November 2013 Table 5.1 Employment of Majority-Owned Foreign Affiliates, Country by Industry of Affiliate, 2010 [Thousands of employees] Manufacturing Of which: All indus tries Mining Electrical Primary Computers Total Trans equipment, and and Machinery Chemicals appliances, portation electronic fabricated and equipment metals products components Food (1) All countries............................................. 11,313.4 (2) (3) 199.1 (4) 4,652.9 (5) 450.3 616.3 (6) (7) 217.5 399.3 (8) (10) (9) 716.8 199.5 Whole sale trade (11) 884.7 775.3 Retail trade Infor mation (12) (13) 1,214.9 Pro fessional, Finance scientific, and and insurance technical services (14) 406.7 611.6 (15) Other indus tries (16) 961.6 2,491.3 Canada.................................................................. 1,085.5 20.3 298.2 34.4 35.4 18.7 18.5 20.3 5.6 74.4 85.8 317.8 23.0 36.7 69.0 234.6 Europe.................................................................. 4,080.8 35.7 1,744.3 133.6 264.4 120.6 185.9 182.9 68.7 372.1 366.5 337.5 158.5 242.9 287.0 908.4 Austria............................................................. Belgium........................................................... Czech Republic............................................... Denmark.......................................................... Finland............................................................. France.............................................................. Germany.......................................................... Greece............................................................. Hungary........................................................... Ireland............................................................. Italy.................................................................. Luxembourg..................................................... Netherlands..................................................... Norway............................................................ Poland............................................................. Portugal........................................................... Russia............................................................. Spain............................................................... Sweden............................................................ Switzerland...................................................... Turkey .............................................................. United Kingdom............................................... Other............................................................... 40.3 132.5 80.2 32.6 19.8 465.4 621.1 18.2 59.7 98.0 205.6 16.5 220.0 38.6 153.2 30.6 122.9 176.1 64.9 88.1 44.4 1,213.0 139.3 0.1 0.1 0.0 0.3 0.0 0.6 4.2 1.3 6.8 G 1.4 0.2 13.1 9.7 1.7 1.2 1.3 4.4 0.0 10.9 0.5 15.4 1.7 15.0 9.2 0.9 G 3.5 24.4 7.5 2.2 17.8 3.0 1.5 1.9 35.6 38.5 2.1 1.4 15.8 20.5 0.8 25.4 1.0 8.9 1.8 4.8 15.9 3.5 7.2 7.3 41.0 6.4 0.4 3.2 1.7 0.8 0.2 12.7 22.0 0.4 H 0.4 6.3 0.2 3.7 0.8 6.6 1.0 I 6.0 2.6 0.9 0.1 20.1 22.0 3.2 7.3 5.1 2.8 2.4 28.4 38.8 0.1 2.6 1.0 18.2 0.2 9.8 6.2 2.8 1.0 4.3 1.9 3.9 3.0 F 38.9 H 2.4 1.2 8.5 1.4 2.3 18.7 39.4 0.1 6.3 16.8 11.5 0.1 4.0 0.8 6.0 2.2 1.9 9.8 2.2 4.0 0.1 39.6 3.5 1.9 1.4 3.0 0.3 0.3 4.8 14.6 0.0 I 0.5 7.1 0.0 3.2 0.2 4.5 0.2 0.2 4.1 0.7 2.2 5.1 12.7 20.7 0.1 0.3 30.2 110.7 (*) 8.4 H 12.2 0.4 14.7 0.0 7.5 0.3 33.8 3.9 7.2 25.7 4.3 1.0 9.2 48.7 23.4 6.0 15.6 6.4 3.8 2.5 51.4 67.8 3.8 4.9 4.3 21.0 9.5 H 22.2 64.1 51.5 13.2 11.1 199.4 353.4 6.3 38.1 54.4 98.7 6.9 87.6 13.8 98.9 14.8 59.0 87.3 26.8 30.1 28.1 294.2 84.4 25.0 2.1 11.1 2.9 8.5 18.7 7.4 23.7 4.4 64.1 11.1 1.1 1.6 0.7 0.9 0.1 15.9 24.7 0.2 0.4 1.2 6.3 0.2 11.5 2.2 0.6 1.5 0.1 5.1 2.2 2.2 0.1 258.3 0.2 1.4 3.9 1.9 0.9 0.9 9.7 13.5 0.4 2.5 6.2 11.6 2.4 11.0 1.0 4.6 0.7 1.1 4.5 2.3 5.2 0.5 67.2 4.8 0.6 6.2 5.9 0.5 0.2 8.8 20.5 2.2 4.1 11.9 6.5 4.4 7.2 1.0 16.4 0.8 6.5 7.8 3.0 4.2 2.9 119.1 2.2 2.7 8.8 2.0 7.9 2.4 23.1 41.3 1.4 4.8 5.0 18.5 0.8 16.4 2.4 5.5 1.5 3.1 9.7 6.9 7.1 0.7 108.9 6.0 6.2 32.2 11.6 5.1 2.5 156.5 95.6 3.9 4.8 14.8 42.5 1.9 59.6 8.3 16.0 8.3 39.9 42.7 16.3 J 7.7 291.7 K Latin America and Other Western Hemisphere 2,260.8 61.5 1,086.2 163.9 125.6 32.6 63.6 80.0 50.1 281.2 81.1 M 60.1 114.4 68.6 M South America................................................. Argentina..................................................... Brazil........................................................... Chile............................................................ Colombia..................................................... Ecuador... Peru Venezuela Other, Central America............................................... Costa Rica................................................... Honduras, Mexico Panama.., Other........................................................... Other Western Hemisphere.............................. Barbados..................................................... Bermuda...................................................... Dominican Republic..................................... United Kingdom Islands, Caribbean............. Other........................................................... 994.4 141.2 565.0 110.0 58.8 14.9 37.0 51.2 16.2 1,217.1 47.0 46.1 1,042.3 21.6 60.1 49.3 1.4 3.2 24.9 4.0 15.9 45.3 8.5 13.0 5.5 7.7 1.1 6.5 2.2 0.7 13.8 0.0 0.0 13.5 0.3 451.1 50.5 317.5 10.5 20.3 7.8 7.6 30.2 6.7 613.2 19.6 33.9 522.6 1.5 35.6 21.8 88.5 11.5 56.0 G 4.1 G 1.6 9.4 2.0 73.9 0.9 G 66.6 0.6 H 1.5 12.2 0.7 9.4 0.1 1.3 33.1 1.3 29.8 0.8 0.1 17.0 0.7 14.4 0.4 0.5 A 0.1 0.8 A 63.0 H 0.1 56.4 J F 0.0 0.7 G 18.9 0.1 2.8 0.0 G 0.1 A 44.4 4.0 20.9 3.9 3.3 2.7 5.4 3.5 0.7 34.4 2.1 0.6 29.0 1.4 1.2 2.3 0.1 0.3 0.9 0.2 0.8 M J L K 0.5 0.7 0.1 0.7 0.2 222.3 0.9 0.4 M 0.6 G G 0.2 0.0 0.9 G 0.1 G 0.1 H 41.3 8.9 17.9 3.0 5.9 0.3 0.9 2.9 1.5 70.3 G G 58.1 0.6 I 2.8 0.1 1.3 0.1 0.3 1.0 42.8 6.9 26.6 5.0 2.0 0.2 0.3 1.7 0.2 25.0 4.4 0.0 20.5 0.1 (*) 0.0 0.0 K 1.4 0.0 29.4 0.0 A 0.0 0.0 0.0 0.0 0.0 0.0 101.2 12.2 77.3 0.2 H G 0.0 I 0.6 180.0 0.0 H M 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37.8 7.3 16.2 6.9 1.7 0.3 G 2.0 G 17.1 0.6 0.1 15.7 0.4 0.4 5.2 (*) (*) 81.1 12.1 46.6 4.3 4.8 1.0 3.4 8.2 0.7 41.9 6.7 0.3 32.1 0.6 2.2 2.6 0.0 M K L K 17.5 1.7 J 8.0 H 220.9 J I M 16.8 12.5 J 0.7 F G 2.3 5.6 Africa.................................................................... 178.4 27.3 86.3 2.1 18.7 14.2 G 2.9 7.4 5.0 K Egypt............................................................... Nigeria............................................................. South Africa..................................................... Other............................................................... 30.0 8.6 61.1 78.8 2.5 6.8 0.4 17.6 17.9 0.9 30.1 37.5 0.0 0.0 8.2 10.5 1.6 0.2 9.6 2.8 0.1 0.0 G 0.1 0.3 (*) 2.3 0.2 1.0 0.3 1.9 4.2 0.7 (*) 3.8 0.5 6.0 0.5 J 15.8 Middle East........................................................... 111.6 9.3 Israel................................................................ Saudi Arabia.................................................... United Arab Emirates....................................... Other............................................................... 69.8 10.8 19.8 11.2 (*) 2.7 2.2 4.3 Asia and Pacific................................................... 3,596.4 Australia........................................................... China............................................................... Hong Kong....................................................... India................................................................. Indonesia......................................................... Japan............................................................... Korea, Republic o f........................................... Malaysia.......................................................... New Zealand................................................... Philippines....................................................... Singapore........................................................ Taiwan............................................................. Thailand........................................................... Other............................................................... 290.9 1,125.3 117.5 712.7 100.6 311.9 118.9 146.6 30.2 170.8 152.3 88.9 162.9 67.0 3,739.4 120.4 (*) (*) 0.3 0.7 0.0 1.6 7.8 (*) 0.0 4.4 0.2 0.0 F (*) (*) (*) (*) (*) J 0.0 0.2 0.0 (*) 0.1 0.9 0.1 30.4 0.0 0.0 30.4 0.0 0.0 0.1 0.0 2.2 0.0 0.4 0.2 0.3 0.1 19.3 0.1 0.0 19.1 0.0 0.1 1.0 0.0 0.0 0.1 0.0 0.9 J 7.7 2.3 5.2 5.3 (*) 4.0 H 1.7 0.3 4.6 1.1 A (*) G 0.4 2.8 F 0.1 1.1 0.4 0.4 0.0 1.5 0.1 39.9 H 4.2 1.0 6.3 17.9 0.4 0.4 14.9 0.4 6.3 4.5 16.0 20.3 29.2 3.9 4.0 2.7 0.1 G 0.2 G 2.6 0.8 0.6 0.1 0.2 0.3 A A 4.8 0.7 0.7 0.2 J A 1.1 0.0 0.3 0 (*) 0.0 0.4 0.0 0.0 0.0 12.6 0.4 1.8 0.1 0.3 0.0 (*) 0.0 5.0 0.2 1.0 0.1 1.5 0.1 1.9 0.9 7.9 2.4 4.4 1.4 13.2 1.0 4.4 1.7 45.0 1,398.0 103.0 179.0 42.3 119.7 414.1 72.6 137.9 212.8 186.7 156.0 205.8 516.0 876.2 8.4 2.5 0.0 0.8 24.1 0.1 (*) 2.2 0.3 0.1 2.4 (*) 2.6 1.6 92.5 559.7 43.9 129.6 56.2 75.2 56.4 101.4 9.1 56.8 56.4 30.5 104.7 25.7 22.4 30.8 0.1 6.5 6.0 0.8 0.8 2.1 3.1 8.9 0.9 0.8 16.9 2.7 11.9 69.8 3.4 23.0 6.3 23.9 4.9 4.6 1.5 4.6 7.4 4.3 9.9 3.4 9.7 26.1 0.7 0.9 (*) 0.3 1.1 0.6 0.2 0.1 0.9 0.6 0.6 0.5 8.0 52.8 2.5 20.5 0.7 13.8 5.2 2.7 0.3 0.3 6.5 1.9 4.2 0.4 3.0 164.2 8.1 20.9 4.1 14.1 14.6 74.8 0.7 18.5 26.1 14.8 44.5 5.6 3.1 45.1 8.7 2.8 G 2.6 0.1 H 0.4 G 1.8 G 0.2 0.0 13.0 50.9 0.1 24.2 0.7 5.2 24.9 2.2 0.6 H 4.0 G 6.2 0.4 26.4 46.3 12.6 26.7 1.9 33.6 11.1 6.2 3.0 3.5 20.1 11.2 6.8 3.3 9.5 80.1 0.9 J 0.1 64.9 4.3 0.5 1.8 1.2 0.3 H 3.6 0.9 21.9 16.7 5.0 66.1 0.4 10.8 1.9 1.8 0.9 19.2 6.1 3.1 0.5 1.5 20.3 6.8 18.7 39.5 3.5 58.0 9.2 4.8 2.1 H 16.1 13.9 5.5 G 33.9 50.0 10.9 328.5 1.1 34.1 5.9 5.3 3.0 21.2 9.8 4.6 5.1 2.5 78.0 363.1 25.6 M 13.3 35.3 30.0 24.3 9.9 L 41.1 J 34.1 K 17.7 25.6 1,591.1 48.5 109.7 13.3 242.0 11.0 105.4 2.0 170.2 3.0 176.0 2.1 66.2 O 354.1 7.5 324.5 8.9 332.8 1.5 149.9 3.6 227.7 5.7 271.3 9.5 824.4 17.1 (*) 2.4 (*) (*) 0.7 G (*) (*) 0.0 0.1 (*) H (*) 0.0 0.0 n (*) 0.0 1.5 (*) (*) (*) (*) (*) 0.8 (*) 0.1 0.1 0.2 0.4 Addenda: European Union (27)1.................................... OPEC 2............................................................ * Fewer than 50 employees. 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, and the United Kingdom. 2. OPEC is the Organization of Petroleum Exporting Countries. In 2010, its members were Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. N ote. 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. November 2013 S urvey of 45 C u r r e n t B u s in e s s Table 5.2 Employment of Majority-Owned Foreign Affiliates, Country by Industry of Affiliate, 2011 [Thousands of employees] Manufacturing Of which: All indus tries Whole Electrical sale trade Primary Computers equipment, Trans and and Chemicals Machinery appliances, portation fabricated electronic and equipment metals products components Mining Total Food (1) All countries............................................ 11,785.1 (2) (3) (4) (5) (6) (7) (8) (10) (9) (11) Retail trade Infor mation (12) (13) Pro fessional, Finance scientific, and and insurance technical services (14) (15) Other indus tries (16) 208.8 4,760.8 447.7 622.8 222.0 427.0 738.3 204.4 917.6 804.2 1,220.1 429.3 624.5 1,050.3 2,687.0 Canada................................................................. 1,115.7 23.2 287.3 35.1 32.8 15.3 20.1 22.1 5.8 64.9 86.3 360.6 23.8 37.8 69.8 226.9 Europe.................................................................. 4,191.4 38.2 1,780.9 129.9 264.3 123.0 202.0 185.2 69.2 372.6 374.3 326.4 164.9 243.7 297.0 966.0 Austria............................................................. Belgium........................................................... Czech Republic............................................... Denmark.......................................................... Finland............................................................. France............................................................. Germany.......................................................... Greece............................................................. Hungary........................................................... Ireland............................................................. Italy.................................................................. Luxembourg..................................................... Netherlands..................................................... Norway............................................................ Poland............................................................. Portugal........................................................... Russia............................................................. Spain............................................................... Sweden........................................................... Switzerland...................................................... Turkey .............................................................. United Kingdom............................................... Other............................................................... 43.5 131.9 87.3 32.1 20.8 470.0 632.2 17.9 62.6 98.4 207.8 13.6 222.2 41.3 155.9 29.7 150.8 175.7 65.3 91.8 44.6 1,252.7 143.5 0.1 0.1 0.0 0.3 0.0 0.6 4.3 (*) (*) 0.3 0.7 0.0 3.4 8.8 (*) 0.0 4.4 0.2 0.0 G (*) 9.8 H 23.2 63.0 53.4 11.4 10.9 199.4 358.9 6.5 40.0 52.2 96.8 6.8 92.7 14.4 100.1 14.1 75.5 86.3 28.3 30.3 27.8 301.4 87.5 1.5 7.1 G 0.5 0.2 9.7 9.5 1.6 0.6 1.1 3.7 0.0 10.2 F 16.5 1.6 14.5 8.3 1.1 G 3.5 26.8 7.8 2.1 17.7 2.9 0.8 1.9 34.7 39.3 2.3 1.4 16.1 19.6 0.8 28.0 0.9 8.8 1.9 4.5 15.8 3.1 7.1 7.4 40.6 6.4 0.6 2.5 1.8 0.8 13.6 22.8 0.6 H 0.4 6.7 0.2 4.5 0.9 6.5 0.9 I 5.9 3.1 1.0 0.1 19.3 J 3.8 7.2 5.2 2.7 2.8 32.4 46.0 0.1 2.8 1.0 18.2 0.2 10.0 6.4 2.7 0.9 4.5 5.8 3.3 3.1 F 38.6 H 2.3 2.3 8.3 1.6 2.0 19.2 41.1 0.1 6.4 15.2 11.3 0.1 4.2 0.8 5.9 2.2 2.0 9.3 2.4 4.1 0.1 39.6 4.7 1.9 1.3 2.7 0.3 0.3 4.8 15.5 0.0 I 0.5 7.5 0.0 3.4 0.3 4.5 0.2 0.2 4.1 0.7 1.9 (*) 8.2 H 4.4 10.5 22.6 0.1 0.3 28.3 106.4 (*) 13.6 0.4 14.0 0.0 8.5 0.3 34.1 3.6 8.9 22.4 5.0 1.2 9.2 54.5 24.2 6.3 15.4 6.5 4.3 2.8 51.0 65.9 3.4 4.3 4.6 21.0 (*) 28.3 2.0 12.2 2.8 9.4 18.2 7.6 26.2 4.4 66.1 11.6 1.1 1.6 0.7 1.2 0.1 16.1 16.1 0.2 G 1.2 6.5 0.2 6.7 2.3 0.9 1.4 0.2 5.5 2.2 2.1 0.1 258.5 A 1.4 4.0 2.0 0.9 0.9 10.6 15.1 0.4 2.2 6.9 11.8 G 10.9 1.0 4.9 0.7 1.5 4.7 2.6 5.6 0.5 70.8 H 0.6 5.9 4.7 0.7 0.2 9.1 20.7 2.2 4.2 12.7 6.1 2.9 5.5 1.2 15.8 0.8 7.2 7.0 3.1 4.3 3.1 123.6 2.2 2.8 9.2 2.4 7.9 3.0 23.8 41.1 1.4 5.5 5.4 19.6 0.8 16.4 2.2 5.8 1.5 3.1 10.3 6.9 7.0 0.9 114.0 6.1 8.1 32.7 17.5 5.4 3.0 159.4 110.1 3.8 Latin America and Other Western Hemisphere 2,285.1 61.8 1,099.3 157.2 129.1 33.5 67.6 79.4 50.9 307.6 87.2 M 65.1 120.3 82.5 M South America................................................. Argentina..................................................... Brazil........................................................... Chile............................................................ Colombia..................................................... Ecuador....................................................... Peru............................................................. Venezuela Other........................................................... Central America............................................... Costa Rica................................................... Honduras..................................................... Mexico......................................................... Panama....................................................... Other Other Western Hemisphere............................. Barbados..................................................... Bermuda...................................................... Dominican Republic.................................... United Kingdom Islands, Caribbean............. Other........................................................... 1,005.6 135.0 568.9 116.4 61.8 15.6 39.7 52.0 16.1 1,231.1 47.0 45.5 1,059.9 20.7 58.0 48.4 1.3 3.5 23.2 4.2 16.2 45.0 6.8 13.5 5.4 8.3 1.1 6.9 2.3 0.7 14.2 0.0 0.0 13.9 0.2 (*) 2.6 (*) F 0.0 0.7 G 454.9 51.6 315.8 12.2 21.0 8.5 6.7 31.8 7.3 623.6 20.3 34.1 534.3 1.6 33.2 20.8 (*) 0.1 17.1 0.7 2.8 77.6 12.8 43.3 G 4.3 G 1.7 9.2 2.4 77.9 0.9 G 71.4 0.7 H 1.7 O 0.0 G 0.1 A 83.8 11.9 49.5 4.3 4.7 1.5 2.4 8.7 0.7 42.5 6.3 0.3 33.1 0.6 2.2 2.8 0.0 (*) 2.1 0.3 0.4 12.4 0.7 9.6 0.1 1.3 (*) 0.2 0.3 0.1 20.1 0.1 0.0 19.8 0.0 0.1 1.0 0.0 0.0 0.1 0.0 1.0 35.9 1.3 31.3 2.0 0.1 (*) 0.1 1.1 0.1 31.5 0.0 0.0 31.5 0.0 0.0 0.2 0.0 (*) (*) 0.0 0.1 15.1 0.7 12.4 0.4 0.5 0.1 0.1 0.8 0.1 64.3 H 0.1 56.7 (*) H 0.1 0.0 0.1 (*) (*) 0.0 19.3 (*) J 0.0 A 0.0 (*) 0.0 0.0 31.6 1.4 0.0 29.9 0.0 0.3 0.0 0.0 0.0 0.0 0.0 0.0 106.1 10.7 82.3 0.2 H G 0.0 I 0.6 201.5 0.0 H M 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49.9 4.2 25.9 4.4 3.1 2.7 5.8 3.3 0.7 35.0 2.1 0.6 29.8 1.5 1.0 2.3 0.1 0.5 0.8 0.2 0.7 M J L K 0.7 0.7 0.1 0.8 0.2 224.9 0.9 0.5 220.4 0.6 2.5 H 0.2 0.0 G (*) G 42.4 8.8 19.0 7.0 1.9 0.3 G 1.9 G 17.6 0.6 0.1 16.2 0.4 0.4 5.1 (*) 0.2 G 0.1 H 45.0 9.9 20.0 3.9 6.3 0.3 G 2.4 G 72.7 G G 60.4 0.5 I 2.6 0.1 1.3 0.1 0.2 0.9 52.6 8.2 31.4 6.2 2.2 0.2 G 1.9 A 29.2 H 0.0 24.5 0.1 A 0.8 (*) 0.1 0.1 0.2 0.4 M K L K 18.4 1.8 14.7 7.6 4.7 214.0 16.8 I 160.4 15.8 J J 0.8 F 2.0 2.1 5.7 Africa... n I 15.1 45.4 G 58.3 9.4 16.2 8.4 49.5 43.5 14.6 J 7.8 308.7 27.3 187.3 27.3 91.8 J 7.8 2.3 4.4 1.6 2.1 20.1 17.4 1.6 2.7 8.4 5.2 33.1 Egypt. Nigeria............................................................. South Africa..................................................... Other, 32.0 7.8 65.1 82.4 2.6 6.0 0.4 18.3 18.9 0.8 31.9 40.2 5.6 (*) 3.9 H 1.6 0.3 4.9 1.0 A (*) 0.7 G F 0.4 2.8 F (*) 0.1 1.1 0.4 0.4 0.0 1.5 0.1 0.0 0.0 8.7 11.4 2.6 0.2 11.8 2.8 (*) 0.0 1.5 (*) 0.3 0.2 1.0 0.3 2.8 4.3 0.7 (*) 4.0 0.5 6.0 0.5 10.6 16.0 Middle East.......................................................... 115.2 10.5 39.5 H 3.2 1.0 7.2 16.3 0.4 0.5 15.5 A 5.1 4.6 17.1 J Israel................................................................ Saudi Arabia.................................................... United Arab Emirates...................................... Other............................................................... 70.7 12.3 21.5 10.6 0.1 3.8 2.9 3.8 27.7 4.4 4.8 2.7 0.1 G 0.2 G 1.6 0.9 0.7 0.1 0.2 0.3 A A 4.9 0.9 1.2 0.2 15.0 A G 0.0 0.4 (*) (*) 0.0 0.5 0.0 0.0 0.0 13.4 0.4 1.7 0.1 A 0.0 (*) 0.0 3.5 0.5 G A 1.5 0.2 2.0 0.9 8.5 2.1 5.1 1.4 J 1.0 H G Asia and Pacific................................................... 3,890.4 47.8 1,462.1 109.7 185.7 46.9 125.8 433.7 76.0 151.9 223.5 161.3 167.7 209.6 578.7 1,039.7 Australia........................................................... China Hong Kong....................................................... India................................................................. Indonesia .................................................... Japan............................................................... Korea, Republic of........................................... Malaysia...... New Zealand Philippines.... Singapore Taiwan............................................................. Thailand........................................................... Other............................................................... 307.5 1,232.3 119.3 812.8 102.0 320.2 121.2 156.4 31.5 184.2 168.0 86.9 165.6 82.6 10.2 2.5 0.0 0.9 24.7 0.1 (*) 2.4 0.3 0.1 2.9 (*) 2.7 1.2 98.6 573.8 42.1 148.6 55.5 77.0 57.2 110.4 9.2 63.1 62.5 31.4 103.7 28.9 22.3 35.8 0.1 9.7 6.1 0.8 0.9 2.2 3.0 8.8 0.8 0.8 15.6 2.9 13.8 69.7 3.4 25.9 5.6 25.2 5.5 4.7 1.5 4.6 8.2 4.3 9.9 3.5 9.9 28.9 0.7 2.0 (*) 0.3 1.1 0.6 A 0.1 1.1 0.7 0.6 F 8.3 56.4 2.5 21.0 0.7 13.7 5.3 3.2 0.3 0.3 7.6 2.0 4.1 0.4 4.9 163.7 7.8 24.1 4.1 14.8 14.9 82.8 0.8 22.8 29.3 15.2 43.1 5.3 2.7 47.7 8.3 3.1 F 2.5 0.1 H 0.4 2.9 1.8 G 0.5 0.0 14.6 56.1 0.1 27.8 0.7 5.4 24.8 2.3 0.6 4.9 4.4 G 7.9 F 27.5 52.9 12.9 27.4 2.9 33.0 10.5 5.9 2.9 4.1 23.4 9.5 7.2 3.3 10.2 52.8 0.8 J 0.1 67.1 5.0 0.9 1.9 G 0.3 3.7 3.6 F 22.2 18.4 4.6 75.3 0.4 10.9 1.9 1.9 1.1 19.2 6.3 3.4 0.5 1.5 20.3 8.3 19.6 43.3 4.1 56.2 8.5 4.8 2.2 I 18.5 9.8 6.4 G 37.1 53.0 11.5 385.0 0.3 33.8 6.4 5.5 3.7 20.0 9.7 4.7 5.2 2.8 81.4 470.6 27.8 M 14.0 42.2 31.9 24.6 10.2 71.2 44.3 24.2 36.3 K 3,815.1 123.4 19.8 25.7 1,611.0 52.0 106.5 13.2 242.2 12.2 107.4 2.0 185.6 4.0 178.1 2.3 66.9 (*) 352.7 8.3 329.0 8.4 321.7 1.5 155.5 3.8 227.4 5.4 281.5 10.2 869.2 16.4 n 2.1 Addenda: European Union (27) ' .................................... OPEC 2............................................................ * Fewer than 50 employees. 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, and the United Kingdom. 2. OPEC is the Organization of Petroleum Exporting Countries. In 2011, its members were Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. N ote. 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. 46 U.S. Multinational Companies November 2013 Table 6.1 Value Added of Majority-Owned Foreign Affiliates, Country by Industry of Affiliate, 2010 [Millions of dollars] Manufacturing O f which: All indus-tries Mining Electrical Primary Computers equipment, Trans and and Machinery appliances, portation Chemicals electronic fabricated and equipment products metals components Total Food (1) (2) (3) (4) All countries............................................. 1,242,237 195,846 532,172 (5) (6) (7) (8) (9) (10) Pro fessional, Finance scientific, and and insurance technical services Other indus tries Whole sale trade Retail trade Infor mation (11) (12) (13) (14) (15) 78,464 103,823 35,457 109,787 17,185 37,873 62,724 10,953 56,955 51,355 66,887 Canada.................................................................. 130,571 17,931 53,283 4,638 8,622 1,683 2,208 2,174 356 6,402 11,414 16,812 2,855 3,698 7,359 17,219 Europe.................................................................. 601,005 51,515 289,425 14,808 59,484 10,392 22,782 33,974 5,916 27,880 86,807 23,991 30,333 31,890 38,226 48,818 Austria............................................................. Belgium........................................................... Czech Republic............................................... Denmark.......................................................... Finland France. Germany.......................................................... Greece............................................................. Hungary........................................................... Ireland............................................................. Italy.... Luxembourg..................................................... Netherlands..................................................... Norway............................................................ Poland Portugal........................................................... Russia Spain............................................................... Sweden............................................................ Switzerland...................................................... Turkey .............................................................. United Kingdom............................................... Other............................................................... 5,748 24,741 5,514 8,986 2,786 50,240 85,451 3,053 4,096 61,741 28,301 3,120 25,036 26,134 10,532 4,538 9,300 17,508 5,892 33,555 7,876 153,330 23,528 251 1,027 (D) 113 (D) 1,426 2,067 131 64 293 754 0 1,647 343 4,273 308 204 400 6,131 6,806 17 319 29 100 (D) 1,474 2,570 339 153 303 283 185 2,081 5,805 (D) (D) (D) 874 778 286 316 234 3,314 4,696 6 134 15,388 872 572 1,363 843 8 (D) 2,424 9,360 (*) 518 20 811 135 356 (D) 28 3 1,604 4,653 5 -2 114 376 73 862 277 52 70 2 404 155 1,174 -1 13,480 20 2,455 (D) -84 -12 866 1,888 -21 162 1,004 719 986 -794 24 543 44 521 513 820 781 175 20,621 (D) 621 230 98 (D) 1,807 1,128 (D) 860 113 156 119 70 1,394 276 896 (D) 4,336 118 1,027 4,484 530 947 906 7,506 10,823 146 436 1,877 4,207 1,245 4,139 1,174 3,797 2,492 949 2,330 2,020 15,651 556 (D) 129 423 112 8,131 6,606 165 (D) 306 205 65 21 (D) 521 1,484 0 -15 44 529 0 356 25 138 (D) 3,430 12,839 3,818 1,663 1,305 27,425 53,900 2,504 2,942 39,695 17,238 1,241 13,300 5,189 5,011 1,192 4,714 11,357 2,937 11,725 6,750 54,374 4,875 Latin America and Other Western Hemisphere 153,250 25,064 67,688 9,020 15,298 1,952 3,550 South America................................................. Argentina..................................................... Brazil........................................................... Chile............................................................ Colombia..................................................... Ecuador....................................................... Peru Venezuela.................................................... Other........................................................... Central America............................................... Costa Rica................................................... Honduras..................................................... Mexico......................................................... Panama....................................................... Other Other Western Hemisphere............................. Barbados..................................................... Bermuda...................................................... Dominican Republic..................................... Unitea Kingaom Isianas, CariDDean............. Other........................................................... 89,428 16,498 44,338 9,137 6,458 971 5,688 4,958 1,382 42,107 1,788 756 36,610 814 2,139 21,715 1,758 8,070 1,022 5,389 5,475 19,634 5,364 2,751 43,823 7,337 28,253 1,299 2,078 6,139 1,659 3,128 1,149 26 985 6 36 1 (*) (D) (*) (D) (D) 102 5 0 10,796 1,377 7,147 493 708 118 117 784 51 3,669 343 24 3,171 32 99 833 (*) (D) (D) (D) Africa Egypt. Nigeria South Africa..................................................... Other. 8 83 (D) 349 18,028 -6 0 (D) 40 0 (D) (D) 10,289 (D) 1,937 179 (D) 158 132 1,872 0 0 1,853 (D) 480 3,468 (D) 772 145 519 821 132 141 295 3,634 310 (D) 267 48 64 711 (D) (D) 2,779 17 88 2,549 (D) 3,559 6 (D) 0 529 (D) 55,131 44,963 4,599 5,551 18,595 5,803 25,183 3,939 867 129 2,283 1,320 .................................................... 23,289 6,934 1,253 5,861 9,242 Asia and Pacific................................................... 278,991 Australia........................................................... China., Hong Kong....................................................... India................................................................. Indonesia......................................................... Japan............................................................... Korea, Republic o f........................................... Malaysia.......................................................... New Zealand................................................... Philippines....................................................... Singapore........................................................ Taiwan Thailand........................................................... Other............................................................... (D) 22,135 999 413 19,866 63 793 1,731 5 (D) 558 (D) 306 Israel............. Saudi ArabiaUnited Arab Emirates...................................... Other............ Middle East 8 (D) 0 4,658 0 296 1,236 1 (D) (D) 20 (D) 11,597 6,325 129 16,560 3,001 (D) (D) 2,584 206 675 387 774 3,091 -32 5,153 709 6,662 516 (D) (D) (D) 2,550 1,729 13,506 17,562 6,892 10,932 4,225 (D) (D) (D) 978 20 769 21 (D) (D) (D) 6,920 501 3,874 445 1,179 0 3,215 529 1,540 58 372 -9 -8 544 188 3,098 2,545 222 1,676 340 164 5 9 80 4 1,369 246 4,955 675 3,172 511 67 13 90 5,707 63 2,437 45 7 7,954 750 5,281 (D) (D) 20 2,801 24 (D) 4,620 15 1,822 (D) 933 181 16 578 158 175 (*) 278 (D) (D) (D) (D) (D) 5,593 42 (D) 0 0 0 0 0 0 0 0 1 0 1 0 0 0 3,084 288 65 2,206 157 368 7,558 1,237 3,139 117 2,579 486 216 (D) 7 0 28 (D) (D) 1,397 35 4 1,331 14 13 540 8 214 28 56 234 751 (D) 5,551 0 0 672 (D) (D) (*) 1,806 (D) 176 545 543 516 (D) (D) 0 (D) (D) (D) (D) 60 -80 74 28 (D) (*) 12 987 (D) (D) (D) (D) 4 2 157 12 328 65 358 45 739 (D) 1,520 15 686 630 1,835 681 (D) 1,166 51 283 20 (D) 0 0 0 0 401 23 (D) 0 (D) 1,023 217 417 179 316 31 (D) 205 7 218 200 37,626 (D) 96 8,072 (D) (D) 8 1 3 0 2,860 8,122 945 364 414 2,565 183 4,686 654 1,119 160 1,855 2,127 1,167 58 (D) O 4 126 (D) 12 (D) 852 41 1,823 516 36 25 14 766 98 199 9 590 55 1,827 1,531 4,563 41 759 2,810 1,149 2,504 149 9,485 88 19,884 204 32,857 213 17,262 258,868 6,676 41,419 13,631 922 52,489 1,331 (D) (D) 0 0 560 853 50 4,880 825 586 188 451 6,179 (D) 696 74 469 (D) (D) 479 1,855 260 312 (D) (D) 0 1,585 197 172 151 141 128 246 230 239 147 352 (D) 1,667 (D) 0 1,038 18 (D) 266 2 116 (D) 109 (D) 81 2,942 4,159 22,386 6,418 6,159 827 2,117 12,212 4,277 7,829 825 162 3,514 63 (D) 1,866 11,255 8 (D) (D) (D) 6,352 334 21,965 2,278 4,494 (D) 1,415 148 24,746 14,906 3,018 0 275 (D) (D) 94 46 233 66 (*) 21,683 10,078 (D) (D) (D) 69 35 81 439 3 78 (D) 49,165 (D) (D) (D) (D) (D) (D) 2,742 1,137 0 295 96 (D) 1,892 1,211 120 (D) 6,080 0 (D) (D) 0 7 55 (D) (*) (D) 0 (D) 44,776 110,852 O (D) (D) (D) (D) (D) (D) 59 (D) (D) (D) (D) (D) (D) 1,180 (D) 13,218 (*) 0 (D) 18 (D) 0 2,630 (D) 1,616 -1,505 (D) (D) (D) (D) (*) (D) 16,558 (D) 2,217 708 372 397 (*) (D) 0 2,195 (D) 230 178 (D) (D) (D) (D) 9,731 1,790 1,091 1 (D) (D) 0 (*) 821 703 6 (D) (D) (D) 686 44 (D) (D) (D) (D) (D) (D) 305 84 1,070 (D) 635 97 (D) (D) 452 463 323 (*) (D) 11,082 (D) 160 2,512 77 592 2,298 103 39 188 134 527 350 (D) 4,221 0 30 (D) (D) (D) 365 76 1,123 25 1,339 182 274 2,490 398 211 (D) 4,964 636 275 983 169 1,220 392 3,430 4,851 214 200 993 2,546 228 2,825 398 383 263 313 820 1,205 1,423 81 14,616 397 1,021 0 0 1,021 472 4,049 4,535 42 (D) 297 1,391 286 131 81 981 1,492 40 230 8,319 1,341 -492 2,137 335 381 79 93 428 259 2,022 77 10,173 252 701 6 0 690 0 5 101 0 0 2 0 99 36,984 13,718 17,719 16,563 47,928 11,169 12,417 1,962 5,044 27,210 6,158 13,780 19,173 19 370 56,612 156,735 (16) 47 86 28 (D) 99 (D) (D) (D) 6,289 10,414 19,192 26,275 23,568 486 3,422 5,669 4,553 1,069 195 884 343 46 3,707 2,657 124 -1 2,743 392 33 207 135 (D) 1,729 20 2,304 234 72 26 205 691 441 22 23 1,705 392 1,648 1,408 287 5 182 4,352 -540 217 114 1,771 7,154 69 6,883 666 258 242 331 947 347 296 102 3,288 3,106 1,961 22,535 71 27,777 580 30,355 870 35,931 968 (D) (D) 191 97 (D) (*) 3 650 (D) 251 (D) 4,815 4 27,021 (D) 67,604 886 (D) (D) 6,763 13 494 3 473 20 679 1,673 131 (D) 4,240 3,463 1,465 141 9,885 1,394 622 595 231 6,006 1,070 1,327 424 (D) (D) (D) (D) (D) 773 527 2,070 (D) (D) (D) 1,121 2,647 355 (D) (D) Addenda: European Union (27)1.................................... OPEC 2............................................................ 506,516 52,086 46,184 618 * Less than $500,000 (+/-). Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. D Suppressed to avoid disclosure of data on individual companies. 2. OPEC is the Organization of Petroleum Exporting Countries. In 2010, its members were Algeria, Angola, Ecuador, 1. The European Union (27) comprises Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, November 2013 S urvey of 47 C u r r e n t B u s in e s s Table 6.2 Value Added of Majority-Owned Foreign Affiliates, Country by Industry of Affiliate, 2011 [Millions of dollars] Manufacturing Of which: All industries Mining Electrical Primary Computers equipment, Trans and and Machinery appliances, portation Chemicals fabricated electronic and equipment metals products components Total Food (1) All countries.......................................... (2) (4) (3) 1,445,198 233,769 621,714 (5) 37,391 (6) 123,630 (7) 19,354 44,618 Whole sale trade (8) (9) (10) 95,710 12,688 63,332 171,739 (11) Retail trade Infor mation Pro fessional, Finance scientific, and and insurance technical services Other indus tries (12) (13) (14) (15) 64,851 61,415 73,530 87,121 131,059 (16) Canada............................................................... 145,380 16,189 63,065 4,844 9,313 2,046 2,777 2,943 614 9,956 13,919 19,114 3,181 5,593 7,608 16,711 Europe................................................................ 697,761 65,847 342,315 14,342 67,032 11,494 26,815 58,628 6,954 30,494 88,284 24,491 37,836 34,111 41,451 63,425 Austria.................................................................... Belgium.................................................................. Czech Republic..................................................... 379 4,862 336 154 491 6,880 6,918 401 126 21,943 3,055 (D) 3,254 121 738 425 725 3,463 -282 3,985 646 7,503 55 261 36 337 350 304 197 410 2,389 6,031 235 190 65 572 1,572 1,052 7 (D) (D) 146 2,696 109 802 2,213 111 42 202 569 425 1,430 193 1,532 987 829 102 184 660 77 632 596 1,292 807 114 20,395 (D) 355 1,316 192 1,153 415 3,628 5,021 185 241 19 736 (D) 628 (D) 376 71 296 1,510 298 125 81 1,347 3,001 41 278 10,840 1,640 -526 2,980 182 441 66 169 473 275 2,287 78 11,805 148 -9 410 (D) (D) 1,088 5,288 597 692 1,063 8,850 11,126 85 476 3,205 4,158 1,261 4,365 783 4,821 620 1,221 2,432 2,048 18,083 162 64 (*) 1,547 2,834 616 830 273 399 288 4,075 5,498 (D) 3,346 13,607 3,999 1,696 1,660 30,129 58,860 2,645 3,715 66,179 19,717 1,340 16,044 5,570 5,385 1,163 6,092 11,417 3,126 11,554 6,994 63,092 4,985 281 1,114 205 241 Spain...................................................................... Sweden.................................................................. Switzerland............................................................ Turkey..................................................................... United Kingdom.................................................... Other...................................................................... 5,247 24,499 5,910 9,883 3,383 56,663 94,872 3,134 5,028 96,101 32,305 3,939 34,803 30,519 12,150 2,618 13,019 18,183 7,419 38,804 7,830 160,869 30,582 3,015 149 3,726 368 389 265 464 932 1,250 1,568 128 15,252 438 Latin America and Other Western Hemisphere 169,204 29,925 72,129 9,992 South America....................................................... Argentina........................................................... Brazil.................................................................. Chile................................................................... Colombia........................................................... Ecuador............................................................. Peru Venezuela.......................................................... Other.................................................................. Central America.................................................... Costa Rica......................................................... Honduras........................................................... Mexico................................................................ Panama............................................................. Other................................................................. Other Western Hemisphere................................. Barbados........................................................... Bermuda Dominican Republic........................................ Unitea Kingdom islands, Caribbean.............. Other.................................................................. 96,918 17,986 46,699 10,493 7,062 958 6,091 6,074 1,555 51,369 1,762 770 46,195 591 2,050 20,918 3,032 4,319 1,168 6,939 5,460 22,562 5,871 3,592 47,432 8,668 29,232 1,645 2,098 481 566 4,212 531 23,617 1,137 411 21,232 75 762 1,080 6,778 2,157 3,311 (D) (D) 248 546 63 0 ............................................................. 63,026 52,251 4,947 EgyptNigeria South Africa........................................................... Other.. 7,318 23,122 6,534 26,052 (D) (D) 89 23,665 761 152 2,596 1,438 35,961 17,208 8,048 7,431 4,467 13,761 10,301 (D) 3,509 6,561 3,790 575 Denmark.......................................................... Finland France Germany................................................................. Greece.................................................................... Hungary.................................................................. Ireland.................................................................... Italy Luxembourg..................................................... Netherlands........................................................... Norway Poland Portugal................................................................. Russia Africa Middle East .................................................. Israel............... Saudi Arabia... United Arab Emirates...................................... O ther.............. Asia and Pacific................................................. Australia China.. Hong Kong....................................................... India........................................................................ Indonesia................................................................ Japan.. Korea, Republic o f........................................... Malaysia................................................................. New Zealand Philippines............................................................. Singapore............................................................... Taiwan.................................................................... Thailand.................................................................. Other...................................................................... 333,866 57,942 45,420 15,548 19,864 18,364 59,451 13,477 13,289 3,309 5,491 36,844 7,591 13,781 23,496 8 (D) 0 5,671 0 345 1,571 1 (D) 8 88 (D) 777 22,501 (D) 0 (D) 43 0 (D) (D) 10,603 (D) (D) 186 4,649 272 158 3,229 0 0 3,209 (D) 1,300 2,224 130 35 (D) 700 0 1,552 82 691 141 487 780 175 177 (D) 4,158 373 (D) 299 44 80 618 (D) 3,106 17 74 2,880 24 112 108 112 (D) 217 37,734 1,094 22 (D) 744 1,798 0 (D) 56 551 (D) 2,905 10,380 (D) 621 17 955 (D) 0 437 25 188 6 339 100 1,056 3 688 101 (D) 1,474 89 336 1,390 474 235 340 5,672 646 (D) (D) (D) (D) 11,991 (D) 15,763 2,083 4,094 2,408 1,889 13,338 17,767 12,467 7,713 7,197 5,336 16,670 11,852 1,339 7,208 583 779 159 151 1,577 56 3,727 293 26 3,262 37 109 184 1,223 27 1,065 6 33 1 2,898 68 2,600 139 7 (*) (D) 1,071 (D) 5,855 811 3,774 527 74 13 99 2,933 677 1,219 61 358 -8 (D) (D) (D) 6,367 500 3,147 433 1,197 157 271 400 263 3,372 260 96 2,535 183 298 8,027 2,153 2,495 104 (D) (D) 339 3,411 285 2,241 467 190 (D) 76 124 5,727 (*) (D) 6,801 741 4,839 2,630 20 722 21 (D) (D) 4,314 1,647 140 0 1,477 157 4,169 131 (D) (D) (D) (D) 1,452 35 4 1,386 14 13 406 8 80 23 64 231 (D) 0 1,998 498 (D) (D) 0 424 (D) 0 1,190 (D) (D) (D) (D) 62 (D) (D) (D) 5 9 105 4 1,175 346 0 (D) 0 (*) 0 (*) 817 (D) (D) (D) 0 (D) (D) 964 128 417 155 74 (D) (D) 28 35 268 86 (D) (D) (D) 131 50 657 127 (D) (*) 79 25 (D) (*) (D) 815 84 1,182 2,057 30 (D) (D) 994 52 (D) 9 (D) (D) (D) (D) (D) (D) (*) 1 (D) (D) 178 324 309 4 1,965 (D) (D) (D) 0 0 0 0 52,348 131,211 7,220 29,743 3,518 9,333 29,519 3,128 8,945 14,120 3,571 0 163 11,932 8 17,322 26,438 2,847 4,978 5,611 26,266 7,626 5,979 918 2,434 18,816 4,432 6,725 820 3,292 1,379 1,950 1,037 60 63 (D) 188 146 169 271 229 279 165 404 7,472 939 582 189 503 7,438 832 770 (*) (D) (D) 1,079 7,497 822 635 56 2,090 1,696 4,157 71 1,133 6,735 1,533 1,924 91 346 1,156 228 119 (D) 1,110 2,798 201 889 43 1,975 720 259 39 8 918 140 224 9 1,760 2,437 299 2,216 6,848 343 1,214 19,845 309,914 49,288 9,040 13,113 808 61,374 2,423 22,895 333 57,320 235 (D) (D) 5,185 45 (D) 425 (*) (D) (D) 6 (D) (D) 13,263 2,293 -240 5,972 731 (D) (D) 303 1,000 4,614 (D) 33 174 12 (D) 675 318 197 142 (D) 24 5 1,952 2,590 3 (D) 272 503 157 8,924 7,416 159 1,937 907 (D) (D) (D) (D) (D) 4,134 6 93 0 622 3,414 19 3 1,487 5,288 6 17 74 408 (D) 837 200 79 71 -8 433 159 2,629 (D) 1,090 147 181 132 98 1,410 297 1,064 -2 4,965 147 756 6 0 745 0 5 104 0 0 1 0 103 (D) (D) (D) (*) (D) (D) 3 85 43 92 29 (D) 4 100 (D) 13 P 0 0 (D) O 794 1 (*) (D) (D) (D) 0 0 (D) (*) 0 (D) (*) (D) (D) 0 (D) (D) 6,536 0 0 732 (D) (D) (*) (D) 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 (D) 12,571 O (D) (D) (D) 224 (D) 7 42 (D) 9,568 (D) (D) (D) (D) (D) (D) (D) 6 4,042 35 (D) 355 (D) 1,857 -730 (D) (D) 15,160 (D) (D) (D) 1,167 (D) 94 (D) (D) (D) (D) 358 78 (D) (D) 184 534 6,773 602 2,737 428 2,607 399 164 659 546 (D) (D) (D) (D) (D) (D) (D) 4 2 145 12 293 195 404 46 497 6,708 23 618 584 1,936 836 1,420 (D) (D) (D) 0 288 62 1,120 157 516 143 233 123 269 7 0 32 (D) (D) (D) -50 249 -1,487 279 (D) (D) (D) 153 61 (D) (D) (D) 0 (D) (D) 32 16 320 216 43,063 (D) 11,903 25,386 30,244 (D) 399 1,149 231 56 (D) (*) 33 242 147 (D) 3,222 1,183 462 1,904 21 2,834 255 83 32 209 1,251 402 22 23 5,841 297 3,406 1,655 611 5,992 1,547 444 417 271 3,834 718 248 106 5,480 3,298 1,954 8,889 -5 6,961 907 325 321 391 834 380 360 149 4,563 4,065 2,183 769 31 684 98 216 (D) 6,993 5,419 4,465 1,450 188 11,311 1,614 826 954 243 6,635 1,057 1,416 491 5,864 (D) 29,537 925 66,829 5,992 21,666 59 35,092 746 32,209 814 38,838 965 58,783 867 (D) 527 (D) (D) 604 4 770 2,178 162 (D) 13 78 282 57 (D) 22 (D) 3,371 605 121 (D) (D) (D) (D) (D) 2,707 (D) 327 (D) 1,212 5,017 361 (D) (D) Addenda: European Union ( 2 7 ) '.................................... OPEC 2................................................................... 583,177 67,770 10,594 81 * 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, and the United Kingdom. 2. OPEC is the Organization of Petroleum Exporting Countries. In 2011, its members were Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. 48 November 2013 IREGIONAL QUARTERLY REPORTI State Personal Income and More Second quarter of 2013 In th is re p o rt... Personal income grew in all but three states in the second quarter of 2013 after falling in all but five states in the first quarter.1Second-quar ter growth rates ranged from 1.5 percent in Arizona and Florida to -0.7 percent in Nebraska, or 1.0 percent on average (chart 1). Personal income also declined in South Dakota and Iowa. The national price index for personal consumption expenditures was unchanged in the second quarter after rising 0.3 percent in the first quarter. The second-quarter personal income growth completely offset the first-quarter decline in 20 states and the District of Columbia. The first-quarter declines in personal income mainly reflected the effects of special factors, such as the expiration of the “payroll tax holiday” and the acceleration of bonuses and personal dividend income to the fourth quarter of 2012 in anticipation of changes in individual tax rates. • Second-quarter 2013 state personal income, page 48 •Annual state personal income for 2012, page 51 • Comprehensive revision of state personal income, page 52 • Personal income in the NIPAs and state personal income, page 57 • Data availability, page 58 For information about BEA regional statistics, go to www.bea.gov. 1. State personal income, which is measured in current dollars, is the sum of net earnings by place of residence, property income, and personal current transfer receipts. Chart 1. Range of State Personal Income Quarterly Growth Rates P e rc e n t 10 _ 6 __I__I__I__I__I__i__I__I _____ 2009 N ote. 2010 I__I__I__I__I__I__I__I__I_ 2011 2012 2013 Shaded area indicates range o f state growth rates. U.S. Bureau of Economic Analysis David G. Lenze prepared the report on state personal income. November 2013 S urvey of 49 C u r r e n t B u s in e s s Q u a rte rly S ta te P ers o n al In c o m e extent based on wages, contributions and wages tend to grow at similar rates, unlike the first quarter when contributions grew 27.9 percent while wages fell 0.7 percent. • Personal dividend income resumed growing in the second quarter, rising 6.8 percent after falling 14.7 percent in the first quarter. The second-quarter divi dend increase accompanied a 4.3 percent increase in after-tax profits (chart 2).2 Personal dividend income, which includes the im puted receipt of dividend income from pension plans, grew $5.1 billion in Florida. This exceeded the $3.1 billion gain in substantially more populous Texas. Similarly, the $227 The special factors were most prom inent in three components of personal income: wages and salaries, em ployee and self-employed contributions for government social insurance, and dividends. •Wage growth for most states accelerated in the second quarter; only in nine states and the District of Colum bia did wage growth slow (table A). The slowdown in eight of these states continued a slowdown that began with the first quarter; the second-quarter slowdown in N orth Carolina was the third in a row. • Employee and self-employed contributions for gov ernm ent social insurance grew $3.7 billion or 0.7 per cent in the second quarter, close to the 0.8 percent growth in wages at the national level (table A). Because these contributions (which include social security and Medicare contributions) are to a large 2. Chart 2 displays domestic after tax profits only. Some personal dividend income is received from the rest of the world (see table 7.10 in the national income and product accounts). Table A. Personal Income and Select Components, Dollar Change [Millions of dollars] 2012 III 2012 2013 IV Employee and self-employed contributions for social insurance Wages and salaries Personal income I II III IV I 2013 2012 2013 III II I IV II Alabama..................................... Alaska......................................... Arizona....................................... Arkansas.................................... California.................................... Colorado..................................... Connecticut................................ Delaware.................................... District of Columbia..................... Florida........................................ Georgia....................................... Hawaii......................................... Idaho.......................................... Illinois......................................... Indiana........................................ Iowa............................................ Kansas....................................... Kentucky..................................... Louisiana.................................... Maine.......................................... Maryland.................................... Massachusetts........................... Michigan..................................... Minnesota................................... Mississippi................................... Missouri....................................... Montana..................................... Nebraska.................................... Nevada....................................... New Hampshire........................... New Jersey................................. New Mexico................................ New York.................................... North Carolina............................. North Dakota.............................. Ohio............................................ Oklahoma................................... Oregon....................................... Pennsylvania.............................. Rhode Island.............................. South Carolina............................. South Dakota.............................. Tennessee................................... Texas.......................................... Utah............................................ Vermont...................................... Virginia....................................... Washington................................. West Virginia.............................. Wisconsin................................... Wyoming.................................... -1,488 146 -1,320 -80 22,812 732 -1,014 -349 38 4,640 2,539 -269 -22 -1,499 1,841 -699 -650 -130 1,684 219 1,302 574 792 1,631 -437 -218 50 -300 -185 91 1,958 -699 4,899 708 900 -3,171 -257 548 3,838 408 401 -1,563 244 3,231 190 -204 1,963 1,587 -277 -286 -279 4,429 526 7,832 2,689 68,615 8,393 6,502 1,498 1,018 26,796 8,166 1,861 1,506 15,179 2,852 2,940 3,727 2,411 1,190 777 5,103 11,881 8,951 4,675 2,546 6,491 1,008 2,564 3,326 2,020 12,610 1,452 31,458 6,341 1,224 9,576 5,151 2,773 9,436 1,101 3,280 2,231 6,007 31,635 3,441 685 8,820 8,506 995 6,515 988 -1,552 -208 -4,118 -998 -55,454 -4,152 -3,511 -652 -414 -16,196 -2,876 -579 -80 -6,603 338 2,358 -496 94 -1,546 -188 -2,729 -6,283 -1,355 -858 -595 -2,308 -280 375 -1,584 -1,061 -6,689 -304 -26,613 -2,395 -502 -1,651 -943 -1,237 -5,906 ^00 -1,939 738 -2,199 -7,749 -770 -76 -4,802 -2,847 -422 -2,190 -555 1,087 201 3,681 586 16,291 2,397 1,847 408 446 11,686 2,257 714 215 7,078 1,638 -525 663 761 2,438 354 3,212 3,583 3,393 250 468 2,516 327 -577 1,303 881 6,274 719 10,794 2,779 120 5,115 1,461 1,675 5,447 386 1,797 -66 2,814 13,696 1,045 345 4,003 2,781 509 1,964 373 -920 87 -115 -288 12,269 750 -668 -317 -194 3,075 -63 -19 136 -39 300 319 75 -196 -849 -231 872 493 -345 1,679 -349 215 18 458 -154 -21 1,515 -595 4,047 2,447 278 -139 42 10 1,010 -67 225 -162 -391 5,277 19 -128 1,336 1,890 -562 -634 -256 1,931 102 3,016 1,179 43,394 4,500 2,637 1,001 1,055 8,499 4,668 628 369 6,973 1,999 1,012 1,511 939 2,495 321 1,396 5,930 3,889 2,376 674 3,115 346 904 1,103 1,363 3,372 349 20,185 2,325 390 4,432 2,698 559 3,405 431 1,271 379 3,432 15,756 1,894 217 4,065 2,899 195 3,697 265 -158 42 -614 -68 -30,249 -1,822 -954 -530 173 202 1,128 143 287 -2,229 963 258 -370 688 -506 189 390 -1,644 1,698 1,445 223 -806 79 269 252 -496 1,458 152 -17,732 1,166 230 211 -443 475 -129 296 -157 40 -381 91 261 125 -671 848 47 -422 -21 581 77 1,176 333 7,021 1,129 625 169 71 2,998 1,638 198 210 2,489 1,068 555 446 377 1,096 176 1,214 1,694 1,869 631 308 1,084 101 202 385 248 2,033 227 3,868 1,138 308 1,841 626 692 1,955 162 640 153 988 6,311 532 93 1,493 573 252 945 114 -62 6 -15 -30 406 34 -35 -15 7 179 0 -1 11 -13 21 18 1 -16 -61 -17 53 35 -14 94 -33 -3 -2 27 -5 -3 87 -39 264 158 5 -18 -7 4 43 -8 12 -12 -61 227 5 -9 98 116 -44 -39 -17 107 0 151 61 2,230 218 123 57 45 426 222 29 17 296 89 45 78 34 120 13 35 276 195 96 29 150 18 44 51 79 131 12 995 83 11 187 152 10 110 22 55 21 172 697 101 11 186 123 2 201 12 1,657 338 2,224 992 14,493 2,026 1,712 358 905 6,810 3,586 583 527 5,118 2,525 1,293 1,165 1,578 1,557 524 2,676 3,268 3,835 2,612 955 2,234 379 825 948 560 4,425 707 8,057 3,634 389 4,301 1,359 1,547 5,353 527 1,549 329 2,407 9,809 1,027 281 3,671 3,049 638 2,292 250 43 4 85 25 470 72 37 11 -1 217 108 13 16 153 78 42 32 24 77 13 80 104 139 36 24 76 8 13 24 18 144 16 230 73 22 120 46 51 134 13 47 12 72 417 36 7 95 28 21 66 8 United States............................... 44,570 371,696 -182,963 133,609 31,140 181,540 -46,572 55,111 1,332 8,628 123,867 3,699 50 Regional Quarterly Report November 2013 Q u a rte rly S ta te P ers o n a l In c o m e million gain in Wyoming (which has more milliondollar income tax filers per capita than all but five states) was more than double the $111 million gain in Alaska and the $105 million gain in Vermont, even though those states have more residents.3 Earnings by state and industry U.S. farm earnings fell 14.6 percent in the second quarter (table B). In South Dakota, Iowa, and Nebraska, the de clines in farm earnings were so large that they offset growth in all other components of income, resulting in a decline in total personal income in those three states. Private nonfarm earnings for the nation grew 1.0 per cent in the second quarter, matching the average for the last 4 years. Growth was above the national average in N orth Dakota (1.6 percent), Louisiana (1.5 percent), Texas (1.3 percent), and Wyoming (1.2 percent), with mining and construction making the largest contribu tions to private nonfarm earnings growth in each state. Nebraska’s private nonfarm earnings grew 0.5 percent, the smallest increase of all states in the second quarter of 2013. Nebraska was the only state with a decline in fi nance earnings (0.9 percent) and one of only two states where construction earnings fell. Construction earnings fell 0.5 percent in Nebraska and 0.9 percent in Nevada. The compensation of civilian federal employees fell in the District of Columbia and in most states in the second quarter. The $2.3 billion decline nationwide was the larg est of six consecutive quarterly declines. Overall, civilian federal government earnings fell 0.8 percent, military 3. Based on adjusted gross income in the 2011 Statistics of Income data from the Internal Revenue Service. Chart 2. U.S. Personal Dividend Income and Profits After Tax B illio ns o f d o lla rs 1,400 -----------------------------------■ I Profits after tax 1,200 — Personal dividend income 1,000 earnings rose 0.2 percent, and state and local govern ment earnings were essentially unchanged in the second quarter. Personal current transfer receipts Personal current transfer receipts (which, among other things, include payments made directly, or through in termediaries, to vendors for care provided to individuals under the Medicare and Medicaid programs) increased 0.1 percent in the second quarter, the slowest pace since the third quarter of 2011 when transfer receipts fell 0.4 percent (table C). The biggest decline was in Connecti cut, where total transfers fell 2.0 percent, mostly because of declines in Medicaid benefits and state unemployment insurance (UI) compensation. In N orth Dakota, state UI compensation rose for the third consecutive quarter and reached the highest level in 3 years. Table B. Growth of U.S. Earnings by Industry Percent change Dollar change (millions of dollars) 2013 2013 I All industries..................................................... Private sector................................................ Farm......................................................... Nonfarm.................................................... Forestry, fishing, and related activities.... Mining................................................... Utilities.................................................. Construction......................................... Durable-goods manufacturing................ Nondurable-goods manufacturing.......... Wholesale trade.................................... Retail trade........................................... Transportation and warehousing............ Information............................................ Finance and insurance.......................... Real estate and rental and leasing........ Professional, scientific, and technical services............................................ Management of companies and enterprises......................................... Administrative and waste management services............................................ Educational services.............................. Health care and social assistance......... Arts, entertainment, and recreation....... Accommodation and food services........ Other services, except public administration.................................... Government sector....................................... Federal government, civilian...................... Military...................................................... State and local government....................... II I II 0.1 0.2 28.3 -0.2 5.0 -0.3 1.8 3.0 0.5 0.2 -0.6 0.2 1.6 -0.6 -4.2 -0.6 0.6 0.8 -14.6 1.0 2.5 2.1 0.4 1.5 0.9 0.5 1.2 0.6 0.4 1.1 1.2 1.6 11,994 13,055 27,179 -14,124 1,425 -591 1,463 16,013 2,918 685 -2,990 988 5,246 -1,812 -30,662 -1,079 61,235 63,759 -17,994 81,753 756 3,582 298 8,180 5,608 1,717 6,177 3,339 1,464 3,480 8,319 3,030 -2.3 1.4 -23,399 13,472 -2.8 1.0 -7,584 2,680 0.5 0.3 1.7 -1.1 1.0 1.6 -0.5 0.6 1.5 1.1 2,043 457 18,248 -1,130 3,202 6,435 -826 6,797 1,640 3.357 0.7 -0.1 -0.2 1.4 -0.2 0.6 -0.1 -0.8 0.2 0.0 2,436 -1,060 -619 1,967 -2,408 2,246 -2,524 -2,341 343 -526 Table C. Growth of U.S. Personal Current Transfer Receipts Dollar change (millions of dollars) Percent change 2013 I 2009 2010 2012 I II 38,045 -1,392 -1,319 40,756 3,390 -20 -5,510 8,920 2013 The series profits after tax is from table 1.10, line 17, o f the national income and product accounts. U.S. Bureau of Economic Analysis N o te . 2013 II Personal current transfer receipts...................... Medicaid....................................................... State unemployment insurance benefits........ Other transfer receipts................................... 1.6 -0.3 -1.8 2.2 0.1 0.0 -7.6 0.5 November 2013 S urvey of 51 C u r r e n t B u s in e s s A n n u a l S tate P e rso n al In c o m e As is customary in September, BEA released several sets of detailed statistics for the previous year: tax payments by level of government; transfer receipts by major pro gram; detailed farm income and expenses; and wages, compensation, and earnings for three-digit N orth Amer ican Industry Classification System (NAICS) industries. The employment statistics in particular provide addi tional perspective on the compensation growth of the last several years. Forty-nine states and the District of Columbia have recorded compensation growth over the period 2008-2012, ranging from 0.8 percent in Idaho to 48.0 percent in North Dakota (table D). Only Nevada re corded a decline (5.5 percent). In contrast, wage and sal ary jobs increased in only four states— Alaska, North and South Dakota, and Texas— and the District of Columbia over that period. Employment levels for 2012 in the other states are below the levels for 2008— by as m uch as 9.6 percent in the case of Nevada. Table D. Employment and Compensation, Percent Change 2008-2012, Select States Compensation Employment North Dakota...................................................................... Alaska................................................................................ District of Columbia............................................................ Texas.................................................................................. South Dakota..................................................................... Idaho.................................................................................. Arizona............................................................................... Nevada............................................................................... 16.5 3.7 3.2 2.3 1.1 -5.6 -5.8 -9.6 48.0 17.0 13.5 13.5 13.0 0.8 1.1 -5.5 United States..................................................................... -2.5 6.5 A c know ledgm ents The annual revision of state personal income was prepared responsibilities were assigned to Brian J. Maisano, Lisa C. by the Regional Income Division under the direction of Ninomiya, James P. Stehle, and Matthew A. von Kerczek. Mauricio Ortiz, Chief. loel D. Platt, Associate Director for Contributing staff members were Nacola A. Alexander, Suet Regional Economics, provided general guidance. The prep M. Boudhraa, Andy K. Kim, B. Enrique Lopez, Toan A. Ly, W. Timothy McKeel, Linda M. Morey, Anand N. Seeram, aration of the revised estimates was a division-wide effort. The estimates of nonfarm wages and salaries, supple and Troy P. Watson. ments to wages and salaries, and personal current tax The estimates of farm wages and salaries, farm supple receipts were prepared by the Compensation Branch under ments to wages and salaries, and farm proprietors’ income the supervision of John A. Rusinko, Chief. Major responsi were prepared by the Farm Income and Employment Sec bilities were assigned to Peter Battikha, Michael L. Berry, tion under the supervision of lames M. Zavrel, Assistant to Elizabeth P. Cologer, John D. Laffman, David G. Lenze, Paul the Division Chief. Major responsibilities were assigned to K. Medzerian, and Joseph L. Stauffer. Contributing staff Carrie L. Litkowski. Contributing staff members were Dan members were Susan P. Den Herder, Terence J. Fallon, iel R. Corrin and Michelle A. Harder. Michael W. Jadoo, Russell C. Lusher, Nathaniel R. Milhous, The public use tabulations and data files were assembled Michael A. Reid, and Ross A. Stepp. and the tables were prepared by the Data and Administra The quarterly estimates of state personal income and the tive Systems Group. Major responsibilities were assigned to annual estimates of nonfarm proprietors’ income, property Jeffrey L. Newman, Michael J. Paris, and Callan S. Swenson. income, personal current transfer receipts, contributions for Contributing staff members were Brooke N. Huotari, government social insurance, and the adjustment for resi Monique B. Tyes, Melanie N. Vejdani, and Jonas D. Wilson. dence were prepared by the Regional Income Branch. Major 52 Regional Quarterly Report November 2013 C o m p reh en sive R evision of S tate Personal Incom e On September 30, 2013, the Bureau of Economic Analysis (BEA) released the initial results of its latest comprehen sive, or benchmark, revision of the quarterly and annual state personal income statistics; the results of the previous comprehensive revision were released in October 2009. The first installment of the 2013 revision consists of new and revised statistics for the years and quarters cov ered by NAICS, that is, from the first quarter of 2001 through the second quarter of 2013. Additional revisions, covering 1929-2000 for the annual estimates and cover ing the first quarter of 1948 through the fourth quarter of 2000 for the quarterly statistics, are scheduled to be re leased in the spring of 2014. Comprehensive revisions, which are conducted every 4 or 5 years, adopt various changes in definitions, classifica tions, statistical methods, and concepts that make the BEA economic accounts more informative and more ac curately portray the evolution of the national and state economies. Comprehensive revisions also incorporate newly avail able and revised state source data that are more complete and more detailed than those previously available (see ta ble E). Especially noteworthy is the introduction of statelevel data from the Medical Expenditure Panel Survey and from the actuarial and financial reports of state and local government retirement systems in the estimation of em ployer contributions for employee pension and insurance funds. The 2013 state personal income comprehensive revi sion incorporated the changes that were adopted as part of the comprehensive revision of the national income and product accounts (NIPAs), which was released in July 2013.4 A preview of the major changes to the state ac counts was published in the July 2013 S u r v e y o f C u r r e n t B u s i n e s s and a summ ary of the changes to both the state and national accounts (as they affect state personal in come) are listed in tables F and G. The picture of state personal income that is shown by the revised estimates is similar to the picture shown by the previous estimates: • The revisions to state personal income were generally small and fell within a relatively narrow range (table H). The largest downward revision was 2.1 percent for M ontana in 2001, and the largest upward revision was 5.7 percent for Alaska and N orth Dakota in 2012. • The revisions to U.S. personal income were upward in all years except 2008. • Similarly, the revisions to personal income for most states were generally upward with downward revi sions being m ost frequent in 2008. • Downward revisions were more comm on for a few states and the District of Columbia, especially in the earlier years. For example, M ontana was revised downward by 0.9 percent or more in each year in 2001-2008. • The revisions tended to be larger in 2012 for the United States and most states because the preliminary estimates for that year (released in March) were based on extrapolations of many components. Those extrapolations have now been replaced with source data released in the interim. • The effect of the comprehensive revision on the growth rates of state personal income was generally small (table I). For 2001-2012, the average annual growth rate of U.S. personal income was 3.9 percent, 0.1 percentage point higher than in the previously published estimates. The revision to growth in all but four states ranged from -0.1 percentage point to 0.3 percentage point. •Average personal income growth was revised up 0.5 percentage point in N orth Dakota and Wyoming, giv ing the two states with the fastest personal income growth rates in the previously published estimates an even wider lead over the other states in the revised estimates. • Michigan’s long-term personal income growth, 2.1 percent, remains the lowest of all states, even after being revised up 0.2 percentage point. • The effect on the rankings of state per capita personal income in 2012 was generally small (table J). Most states changed no more than two positions in rank. • Oklahoma moved up to 28th from 32nd in the per cap ita personal income rankings, the largest change of all states. • The 10 states with the highest and the 10 states with the lowest per capita personal incomes were the same in the revised estimates and in the previously pub lished estimates. • Seven states had personal income revisions of 4.0 per cent or more in 2012 (table K). In all cases, property income (dividends, interest, and rent) accounted for more than half of the revision.5 Property income is one of the more volatile components of personal income and the source data become available only after a lag of several years. 4. See Robert Kornfeld, “Initial Results of the 2013 Comprehensive Revision 5. In the case of Oklahoma, nonfarm proprietors’ income also accounted for of the National Income and Product Accounts,” S u r v e y o f C u r r e n t B u s in e s s 93 more than half of the upward revision to total personal income; other compo(August 2013): 6-17. nents, such as supplements to wages and salaries, were revised downward. November 2013 S urvey of C u r r e n t B u s in e s s 53 C o m p reh en sive R evision of State Personal Incom e Table E. Regional Source Data Used to Estimate State Personal Income and Personal Current Taxes Annual estimates Wages and salaries by industry QCEW wage data; MEPS employee contributions for health insurance data (certain states only). In general Farm USDA farm labor expense data. Agriculture and forestry support activities USDA farm labor expense data. Rail transportation RRB state payroll and employment data; Journey to work data from the Census of Population. Educational services CBP payroll data; Official Catholic Directory data. Membership associations and organizations CBP payroll data; RRB payroll data. Private households Military Census Bureau American Community Survey data; Census Bureau population data. DOD personnel data; Coast Guard personnel and payroll data. State and local government Census Bureau Annual Survey of Public Employment and Payroll data; CES employment data. Employer contributions for employee pension and insurance funds by industry Rail transportation FRA casualties data. State and local government Census Bureau Annual Survey of Public Pensions contributions and membership data; data from the CAFRs for a sample of state and local government retirement systems; MEPS employee contributions for health insurance data. All other industries NAIC earned premium data and NASI employers’ cost of self insurance data; MEPS employee contributions for health insurance data. Employer contributions for government social insurance by industry All industries State and local government Census Bureau State Government Finances data; QCEW data on contributions to unemployment insurance funds; OES data on employee wage distributions; CPS industry data on hours worked. Social Security 1 Percent Continuous Work History Sample taxable wage data. Proprietors’ income Farm USDA gross income and expense data; USDA ARMS corporate farm income data. All nonfarm industries IRS data on net receipts and profits of proprietorships and partnerships. Residence adjustment Journey to work data from the Census of Population; Census Bureau population data; IRS wage data. Dividends, interest, and rent USDA gross rental value of farm dwellings data; IRS income tax data on dividends, taxable interest, S Corporation distributions, and gross rents and royalties; ACS data on the aggregate value of dwellings and mobile homes; OPM federal civilian retirement payments data and DOD military retirement payments data; SSA Social Security benefits data. Personal current transfer receipts SSA data on Social Security benefits and Supplemental Security Income benefits; Census Bureau state and local government finance data on disability benefits, income maintenance benefits, and education benefits; CMS and DOD medical benefits data; DVA veterans benefits data; USDA SNAP data; USDA WIC data; IRS Refundable Earned Income Tax Credits and Child Tax Credit data; PBGC benefits data; DOL unemployment benefits data; DOE Pell Grants data; ACF TANF foster care and adoption assistance data. Employee and self-employed contributions for government social insurance California state temporary disability insurance data; SSA self-employed worker contributions to OASDHI data; Census Bureau state temporary disability insurance data; CMS supplemental medical insurance enrollment data; personal contributions for state unemployment insurance data from the states; DVA veterans’ insurance premiums data. Personal current taxes IRS income tax data; Census Bureau quarterly tax collections and state tax collections data; Census Bureau state and local government finance data. Quarterly estimates Wages and salaries by industry In general QCEW wage data; CES employment data. Transportation and warehousing DOT payroll data. Military DOD personnel data; Coast Guard payroll data. Proprietors’ income Farm Personal current transfer receipts ACF TANF Administration for Children and Families, Temporary Assistance to Needy Families ACS American Community Survey, Census Bureau ARMS Agricultural Resource Management Survey, U.S. Department of Agriculture CAFR Comprehensive Annual Financial Report CBP County Business Patterns, Census Bureau CES Current Employment Statistics survey, Bureau of Labor Statistics CFFR Consolidated Federal Funds Report, Census Bureau CMS Centers for Medicare and Medicaid Services CPS Current Population Survey, Census Bureau DOD Department of Defense DOE Department of Education DOL Department of Labor DOT Department of Transportation DVA Department of Veterans Affairs USDA farm cash receipts data. DOL unemployment benefits data; CMS medical benefits data. FRA Federal Railroad Administration IRS Internal Revenue Service MEPS Medical Expenditure Panel Survey, Agency for Healthcare Research and Quality NAIC National Association of Insurance Commissioners NASI National Academy of Social Insurance OASDHI Old-Age, Survivors, Disability, and Hospital Insurance, Social Security Administration OES Occupational Employment Statistics, Bureau of Labor Statistics PBGC Pension Benefit Guaranty Corporation QCEW Quarterly Census of Employment and Wages, Bureau of Labor Statistics RRB Railroad Retirement Board SNAP Supplemental Nutritional Assistance Program, U.S. Department of Agriculture SSA Social Security Administration USDA U.S. Department of Agriculture WIC Special Supplemental Nutrition for Women, Infants, and Children, U.S. Department of Agriculture Regional Quarterly Report 54 November 2013 C o m p reh en sive Revision of S tate Personal Incom e Table F. Changes in State Source Data, Definitions, and Statistical Methods Changes Major components affected New employers' normal cost data from the financial and actuarial reports of a sample of state and local government defined benefit (DB) plans and membership data from the Census Bureau's Annual Survey of Public Pension Plans. Employer contributions for employee pension and insurance funds. New data by state for employer contributions to defined contribution (DC) pension plans from state and local government financial reports. Employer contributions for employee pension and insurance funds. New data by state for employer contributions to employee health insurance funds from the Medical Expenditure Panel Survey of the Agency for Healthcare Research and Quality. Employer contributions for employee pension and insurance funds. New Social Security taxable wage data and Medicare taxable wage data by state from the Social Security Administration. Contributions for government social insurance and supplements to wages and salaries. New quarterly data by state for Medicaid transfers from the Centers for Medicare and Medicaid Services. Personal current transfer receipts. New child tax credits data by state from the Statistics of Income Division of the Internal Revenue Service. Personal current transfer receipts. New employee contributions data from the Census Bureau Survey of Public Pension Plans, financial reports of pension plans, and other surveys and reports to estimate a portion of wages excluded from Alaska’s Quarterly Census of Employment and Wages. Wages and salaries. New private household wages and salaries and employment from American Community Survey of the Census Bureau. Wages and salaries. New national controls for the wages of border workers. Residence adjustment. New payments to annuitants data by state from the U.S. Office of Personnel Management and the Department of Defense. Dividends, interest, and rent. Table G. Major Changes in Definitions and Statistics in the National Income and Product Accounts Affecting State Personal Income Changes Major components affected Definition changes Recognize expenditures by business, on research and development as fixed investment. Proprietors’ income. Recognize expenditures by business on entertainment, literary, and other artistic originals as fixed investment. Proprietors' income. Expand the ownership transfer costs of residential fixed assets that are recognized as fixed investment and improve the accuracy of the associated asset values and services lives. Proprietors’ income and rental income of persons. Measure transactions of defined benefit (DB) pension plans on an accrual-accounting basis by recognizing the costs of unfunded liabilities. Supplements to wages and salaries and personal interest income. Harmonize the treatment of wages and salaries by using accrual-based estimates consistently throughout the accounts. Wages and salaries. Statistical changes Improve estimates of implicit services of commercial banks Personal interest income Improve estimates of employers’ contributions to state and local government-sponsored defined contribution (DC) pension plans Compensation of state and local government employees Improve methodology for estimating the corporate partners’ adjustment made to nonfarm proprietors’ income Proprietors’ income. Update measures of misreporting Wages and salaries and proprietors’ income. Improve methodology for distributing the income of regulated investment companies by type Personal dividend income and personal interest income. Improve measures of wages paid by Indian tribal governments Compensation of state and local government employees Incorporate new data on supplemental unemployment insurance. Compensation of employees November 2013 S urvey of 55 C u r r e n t B u s in e s s C o m p reh en sive R evision of State Personal Incom e Table H. Revisions to Personal Income for States and Regions for Select Years Revision (millions of dollars) Percent revision 2001 2004 2007 2009 2010 2011 2012 New England................................................... Connecticut................................................. Maine.......................................................... Massachusetts............................................ New Hampshire........................................... Rhode Island............................................... Vermont....................................................... Mideast............................................................ Delaware..................................................... District of Columbia..................................... Maryland..................................................... New Jersey.................................................. New York..................................................... Pennsylvania............................................... Great Lakes..................................................... Illinois.......................................................... Indiana........................................................ Michigan...................................................... Ohio............................................................. Wisconsin.................................................... Plains............................................................... Iowa............................................................. Kansas........................................................ Minnesota.................................................... Missouri....................................................... Nebraska..................................................... North Dakota............................................... South Dakota............................................... Southeast........................................................ Alabama...................................................... Arkansas..................................................... Florida......................................................... Georgia....................................................... Kentucky...................................................... Louisiana..................................................... Mississippi................................................... North Carolina............................................. South Carolina............................................ Tennessee................................................... Virginia ........................................................ West Virginia............................................... Southwest........................................................ Arizona........................................................ New Mexico................................................. Oklahoma.................................................... Texas........................................................... Rocky Mountain............................................... Colorado...................................................... Idaho........................................................... Montana...................................................... Utah............................................................. Wyoming..................................................... Far West.......................................................... Alaska ......................................................... California..................................................... Hawaii.......................................................... Nevada........................................................ Oregon........................................................ Washington................................................. 3,277 544 120 1,508 420 378 306 35,193 1,335 -84 3,394 5,559 15,037 9,952 16,092 6,610 3,880 2,091 1,504 2,006 3,270 1,356 326 -137 769 557 -33 431 24,278 2,093 -51 12,433 1,895 1,383 -824 -108 848 803 3,258 3,079 -531 13,302 638 851 1,242 10,572 -592 -547 512 -482 177 -252 9,738 371 5,766 396 1,355 249 1,601 7,062 1,806 502 2,884 652 534 683 39,850 1,414 -200 7,421 7,036 11,559 12,619 11,693 257 1,898 3,557 2,130 3,852 4,382 1,953 218 -705 1,731 1,011 -71 245 33,155 2,742 259 10,536 3,373 2,439 -568 413 2,955 898 3,738 6,524 -156 2,693 819 719 1,790 -635 -855 -1,899 764 -345 701 -76 16,514 525 9,381 787 1,586 -190 4,425 2,361 -4,471 -624 -2,972 769 302 -2,507 688 531 238 464 22 533 446 32,986 5,705 1,065 818 -431 -315 8,104 5,260 3,290 -2,701 8,443 -3,907 12,515 6,551 20,262 4,452 4,075 -2,086 2,365 463 4,346 3,068 4,725 -169 4,750 3,176 6,392 -167 2,984 3,397 824 371 -283 -2,091 1,778 -2,103 221 991 2 -53 150 36 23,701 -6,235 1,105 -1,170 -482 -1,388 10,695 -4,477 1,673 -919 1,379 2,195 35 -275 -227 -843 2,894 -116 1,601 841 -356 -317 5,116 1,631 -548 -582 -1,142 -1,245 2,607 -1,805 574 -184 1,126 -213 -5,449 956 395 -4,259 -2,524 -3,787 649 -481 -281 -609 2,282 638 270 -20 4,728 -16,155 347 226 -1,959 -14,416 129 -91 2,566 151 -575 -2,393 4,222 367 11,993 2,894 1,099 4,736 1,802 840 623 61,844 1,914 -50 10,424 9,473 22,069 18,015 35,801 8,680 3,335 9,379 5,875 8,532 14,645 5,266 2,122 1,328 2,895 1,795 421 818 47,122 2,490 -169 9,149 4,265 2,311 1,418 700 8,818 4,260 4,420 8,982 476 13,587 2,613 593 2,057 8,324 5,432 1,798 1,275 283 1,726 351 30,598 1,092 19,753 1,472 2,471 1,760 4,050 5,671 -338 740 2,667 1,297 1,060 245 37,886 1,483 -873 8,348 5,318 8,153 15,456 18,742 543 2,292 7,774 3,968 4,164 8,104 3,532 679 467 1,206 879 508 833 21,929 914 -898 3,068 -1,738 1,909 412 -12 8,162 2,254 2,059 5,829 -30 -354 1,169 439 1,446 -3,408 -164 -1,937 808 175 961 -171 23,022 1,406 14,939 995 2,455 -149 3,376 10,365 -167 785 5,975 2,171 756 846 57,896 1,273 507 10,766 8,693 17,221 19,436 31,735 4,534 4,230 7,601 9,318 6,052 13,453 4,098 3,397 3,186 51 2,200 26 494 34,914 269 878 5,946 3,694 2,340 334 542 4,550 3,517 3,465 8,619 762 30,548 1,951 1,227 4,568 22,802 4,619 621 838 679 1,774 707 46,127 1,824 38,065 1,081 1,052 702 3,403 16,807 2,797 806 8,567 2,735 931 971 66,183 2,095 40 10,855 12,044 22,416 18,732 46,824 13,085 7,955 7,844 8,867 9,072 20,210 5,560 3,405 3,750 507 3,468 2,084 1,435 60,360 1,453 2,105 12,917 5,748 2,636 2,968 1,743 8,402 3,731 6,933 10,601 1,122 39,549 1,732 1,257 6,159 30,401 9,137 3,319 1,168 1,191 2,366 1,093 68,125 1,944 56,929 1,035 2,374 1,480 4,363 0.6 0.4 0.3 0.6 1.0 1.1 1.7 2.1 5.2 -0.3 1.7 1.7 2.2 2.6 1.2 1.6 2.3 0.7 0.5 1.2 0.6 1.7 0.4 -0.1 0.5 1.1 -0.2 2.0 1.2 1.9 -0.1 2.6 0.8 1.3 -0.7 -0.2 0.4 0.8 2.1 1.3 -1.3 1.5 0.4 1.9 1.4 1.7 -0.2 -0.3 1.5 -2.1 0.3 -1.6 0.6 1.8 0.5 1.1 2.1 0.2 0.8 1.2 1.1 1.2 1.1 1.3 1.4 3.4 2.2 4.8 -0.7 3.3 1.9 1.6 3.0 0.8 0.1 1.0 1.1 0.6 2.1 0.7 2.1 0.2 -0.4 1.0 1.7 -0.4 1.0 1.5 2.1 0.4 1.8 1.2 2.1 -0.5 0.6 1.1 0.8 2.1 2.4 -0.3 0.3 0.5 1.4 1.8 -0.1 -0.3 -1.1 1.9 -1.3 1.1 -0.4 0.9 2.3 0.7 1.9 1.9 -0.2 2.0 0.3 -0.3 1.7 0.2 0.9 1.1 2.3 1.5 3.1 -1.1 3.1 0.8 0.9 2.6 1.2 0.8 1.1 1.3 1.2 2.3 0.8 2.8 0.8 -0.1 0.9 1.5 -0.2 0.5 0.9 0.7 -0.5 1.5 0.5 1.7 0.0 -0.3 0.9 1.1 -0.2 1.5 -1.0 -0.1 1.2 0.9 0.9 -0.6 0.1 -1.2 1.3 -0.9 2.7 1.1 0.2 1.2 -0.1 0.2 2.5 -0.4 1.5 -0.6 -1.5 0.6 -0.7 0.4 0.0 1.8 0.3 2.3 -0.8 1.9 -0.6 -0.4 1.3 0.3 -0.4 0.2 0.9 0.0 1.5 0.0 2.9 0.3 -0.9 -0.9 0.3 0.0 0.1 -0.2 -0.7 -1.5 -0.6 -0.3 1.0 -0.2 -0.9 0.0 0.6 -0.1 0.5 -1.0 -0.1 -0.8 -0.3 -0.2 0.1 -1.0 -1.8 -0.9 -1.8 0.7 -0.1 -0.7 0.7 -0.9 -0.2 0.1 -1.7 0.1 1.8 1.5 2.3 1.5 3.2 2.0 2.6 2.8 5.5 -0.1 3.8 2.2 2.4 3.6 2.1 1.7 1.6 2.9 1.5 4.1 1.9 4.7 2.0 0.6 1.4 2.6 1.6 2.7 1.7 1.6 -0.2 1.3 1.3 1.7 0.9 0.8 2.7 3.0 2.1 2.6 0.8 1.0 1.2 0.9 1.6 0.9 1.4 0.9 2.7 0.9 2.0 1.5 1.5 3.7 1.3 2.7 2.6 1.3 1.5 0.8 -0.2 1.5 0.8 2.2 2.4 1.0 1.7 4.2 -2.0 3.0 1.2 0.9 3.0 1.1 0.1 1.0 2.3 1.0 1.9 1.0 3.1 0.6 0.2 0.6 1.2 1.8 2.6 0.8 0.6 -0.9 0.4 -0.5 1.4 0.2 0.0 2.5 1.5 0.9 1.6 -0.1 0.0 0.5 0.6 1.1 -0.4 0.0 -0.9 1.6 0.5 1.1 -0.7 1.1 4.5 1.0 1.8 2.5 -0.1 1.2 1.4 -0.1 1.5 1.7 3.6 1.6 3.2 2.4 3.4 1.1 3.6 1.9 1.7 3.6 1.7 0.8 1.8 2.1 2.1 2.7 1.6 3.3 2.9 1.3 0.0 2.8 0.1 1.4 1.2 0.2 0.9 0.8 1.0 1.6 0.2 0.6 1.3 2.3 1.5 2.3 1.2 2.1 0.9 1.7 3.2 2.2 1.1 0.3 1.6 1.9 1.9 2.6 2.0 5.5 2.3 1.8 1.0 0.5 1.1 2.2 1.3 1.5 2.4 4.4 2.0 3.6 2.7 5.4 0.1 3.5 2.5 2.2 3.4 2.5 2.3 3.3 2.1 2.0 3.9 2.3 4.3 2.8 1.5 0.2 4.3 5.7 3.9 2.0 0.8 2.1 1.7 1.6 1.7 1.6 1.8 2.3 2.3 2.8 2.8 1.8 2.6 0.7 1.7 4.1 2.8 2.0 1.4 2.2 3.2 2.4 3.9 2.9 5.7 3.3 1.7 2.3 1.0 1.4 United States................................................... 104,558 114,494 89,682 -22,376 221,023 114,836 229,656 327,194 1.2 1.2 0.8 -0.2 1.9 0.9 1.8 2.4 0.9 12 1.2 1.2 1.4 1.2 0.9 1.1 1.1 0.0 0.8 1.0 2.0 2.0 1.1 1.1 1.3 1.3 1.8 1.8 1.1 2.5 2.5 1.3 Addenda: Average revision.......................................... Average absolute revision........................... Standard deviation of revision...................... N ote: Estimates may not add to totals because of rounding. 2008 2001 2004 2007 2008 2009 2010 2011 2012 Regional Quarterly Report 56 November 2013 C o m p reh en sive R evision of S tate Personal Incom e Table I. Revisions to Average Annual Growth Rates in Personal Income, 2001-2012 Table J. Revisions to Per Capita Personal Income for 2012 Dollars [Percent] Previously published Revised Previously published Revision New England......................................................... Connecticut... Maine............ Massachusetts.................................................. New Hampshire................................................. Rhode Island. Vermont Mideast............. Delaware........................................................... District of Columbia........................................... Maryland........................................................... New Jersey New York........................................................... Pennsylvania..................................................... Great Lakes........................................................... Illinois. Indiana............................................................... Michigan............................................................ Ohio... Wisconsin.......................................................... Plains Iowa... Kansas Minnesota.......................................................... Missouri............................................................. Nebraska........................................................... North Dakota..................................................... South Dakota Southeast Alabama............................................................ Arkansas........................................................... Florida Georgia.............................................................. Kentucky............................................................ Louisiana........................................................... Mississippi......................................................... North Carolina................................................... South Carolina................................................... Tennessee Virginia.............................................................. West Virginia..................................................... Southwest.............................................................. Arizona New Mexico....................................................... Oklahoma.......................................................... Texas. Rocky Mountain..................................................... Colorado............................................................ Idaho................................................................. Montana............................................................ Utah... Wyoming........................................................... Far West................................................................ Alaska. California........................................................... Hawaii Nevada.............................................................. Oregon.............................................................. Washington....................................................... 3.3 3.2 3.4 3.3 3.3 3.3 3.7 3.7 3.7 5.5 4.2 3.2 3.8 3.6 2.8 3.0 3.1 1.9 2.8 3.3 3.9 4.3 3.8 3.7 3.5 4.1 7.2 5.1 4.1 4.0 4.3 4.4 3.7 3.7 4.4 3.9 4.1 4.1 4.0 4.4 3.8 5.0 4.7 4.4 4.6 5.1 4.2 3.7 4.3 4.6 4.9 5.6 3.7 4.8 3.5 5.0 4.2 3.7 4.3 3.5 3.3 3.5 3.5 3.6 3.4 3.9 3.8 3.7 5.6 4.4 3.3 3.8 3.7 2.9 3.1 3.2 2.1 3.0 3.5 4.1 4.5 4.0 3.9 3.4 4.4 7.7 5.2 4.2 3.9 4.5 4.3 3.8 3.7 4.6 4.0 4.3 4.2 4.0 4.6 4.1 5.1 4.7 4.4 4.8 5.3 4.4 3.9 4.4 5.1 5.1 6.1 3.9 5.2 3.8 5.0 4.3 3.8 4.3 0.2 0.1 0.1 0.2 0.3 0.1 0.2 0.1 0.0 0.1 0.2 0.1 0.0 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 -0.1 0.3 0.5 0.1 0.1 -0.1 0.2 -0.1 0.1 0.0 0.2 0.1 0.2 0.1 0.0 0.2 0.3 0.1 0.0 0.0 0.2 0.2 0.2 0.2 0.1 0.5 0.2 0.5 0.2 0.4 0.3 0.0 0.1 0.1 0.0 United States......................................................... 3.8 3.9 0.1 Rank Revised Previously published Revised Alabama.................................................... Alaska....................................................... Arizona.. Arkansas................................................... California Colorado................................................... Connecticut............................................... Delaware................................................... District of Columbia................................... Florida....................................................... Georgia..................................................... Hawaii....................................................... Idaho......................................................... Illinois........................................................ Indiana...................................................... Iowa.......................................................... Kansas...................................................... Kentucky ................................................... Louisiana.................................................. Maine.... Maryland Massachusetts.......................................... Michigan Minnesota................................................. Mississippi................................................ Missouri.................................................... Montana Nebraska.................................................. Nevada.. New Hampshire........................................ New Jersey............................................... New Mexico.............................................. New York................................................... North Carolina.......................................... North Dakota............................................. Ohio Oklahoma................................................. Oregon.. Pennsylvania............................................. Rhode Island............................................. South Carolina.......................................... South Dakota............................................ Tennessee................................................. Texas Utah Vermont Virginia.. Washington............................................... West Virginia............................................. Wisconsin................................................. Wyoming................................................... 35,625 46,778 35,979 34,723 44,980 45,135 58,908 41,940 74,710 40,344 36,869 44,024 33,749 44,815 36,902 42,126 41,835 35,041 39,413 39,481 51,971 54,687 37,497 46,227 33,073 39,049 37,370 43,143 37,361 47,058 53,628 35,079 52,095 37,049 51,893 39,289 39,006 38,786 43,616 44,990 34,266 43,659 37,678 41,471 34,601 42,994 47,082 45,413 34,477 40,537 48,670 35,926 49,436 36,243 35,437 46,477 45,775 59,687 44,224 74,773 41,012 37,449 44,767 34,481 45,832 38,119 43,935 43,015 35,643 40,057 40,087 53,816 55,976 38,291 46,925 33,657 39,133 38,555 45,012 38,221 49,129 54,987 35,682 53,241 37,910 54,871 40,057 40,620 39,166 45,083 45,877 35,056 45,381 38,752 42,638 35,430 44,545 48,377 46,045 35,082 42,121 50,567 42 10 41 45 15 13 1 23 42 8 41 45 12 16 1 22 27 40 17 49 16 39 22 24 44 29 28 5 2 35 11 50 31 36 20 37 9 3 43 4 38 6 30 32 33 19 14 48 18 34 25 46 21 8 12 47 26 7 27 40 20 49 15 38 23 24 44 30 29 5 2 36 11 50 33 35 19 37 9 3 43 6 39 4 30 28 32 18 14 48 17 34 25 46 21 10 13 47 26 7 New England............................................. Mideast..................................................... Great Lakes.............................................. Plains........................................................ Southeast.................................................. Southwest................................................. Rocky Mountain........................................ Far West 52,446 50,237 40,255 42,738 38,382 39,946 40,321 44,195 53,600 51,598 41,260 43,712 39,137 40,973 41,135 45,463 1 2 6 4 8 7 5 3 1 2 5 4 8 7 6 3 United States............................................ 42,693 43,735 Table K. Contributions of Revisions to Personal Income by Component for Select States for 2012 Percent revision Contributions to the revision (Percentage points) Personal Income Wages and salaries Supplements to wages and salaries Nonfarm proprietors’ income Farm proprietors’ income Dividends, interest, and rent Contributions Personal for government current transfer social receipts insurance North Dakota............................................................................... Alaska.......................................................................................... Delaware..................................................................................... New Hampshire........................................................................... Nebraska..................................................................................... Iowa....... Oklahoma 5.7 5.7 5.4 4.4 4.3 4.3 4.1 0.26 1.84 1.30 0.66 0.16 0.01 0.55 -1.16 0.36 1.06 0.35 0.48 0.24 -1.31 0.77 -0.23 1.34 -0.51 1.04 1.98 2.91 0.19 -0.01 0.57 0.05 -0.24 3.75 3.83 2.40 3.28 2.05 2.23 2.33 -0.07 0.44 0.29 -0.14 -0.05 -0.44 -0.04 -0.09 0.44 0.30 0.01 -0.06 -0.23 0.05 United States............................................................................... 2.4 0.35 0.04 0.02 0.03 2.14 -0.13 0.02 1.53 0.00 Adjustment for residence 0.58 -0.12 -0.82 0.79 0.03 0.00 -0.01 0.02 November 2013 Survey of 57 C u r r e n t B u s in e s s Personal Incom e in th e NIPAs and State Personal Incom e The level of personal income in the national income and product accounts (NIPAs) differs from the national total in the state personal income statistics because of differ ences in coverage and timing of the availability of source data. The differences in coverage stem from different con cepts of residence. For NIPA personal income, a U.S. res ident has a center of economic interest in the country and resides, or expects to reside, in the country for a year or more. For state personal income, a resident is a partic ipant in a U.S. regional economy, regardless of the indi vidual’s national citizenship or duration of residence.1 In general, the NIPA measure of personal income is broader than state personal income. The following are some key coverage differences: • NIPA personal income includes the earnings of federal civilian and military personnel stationed abroad and the property income received by the federal retire m ent plans of these workers. The regional measure of personal income does not include this income.2 •NIPA personal income includes all income earned by U.S. citizens living abroad for less than a year. State personal income excludes the portion earned while an individual lives abroad. • NIPA personal income includes the income of foreign nationals only if they live and work in the United States for a year or more. State personal income includes the income of resident foreign nationals working in the United States— including migrant workers— regardless of length of residency. The annual estimates of personal income in the NIPAs also diverge from the national totals of state personal in come because of differences in the timing of the avail 1. See State Personal Income and Employment at www.bea.gov/regional/ methods.cfm. 2. For a description of military coverage in state personal income, see “New Treatment of State Estimates of Military Compensation,” S u r v e y 85 (October 2005): 116. ability of source data. For example, farm proprietors’ income in the NIPAs differs from state personal income, because the state estimates of farm proprietors’ income incorporated revised U.S. Departm ent of Agriculture data that were not available until after the national esti mate was released. Both NIPA and state personal income include the in come of U.S. residents employed by international organi zations or by other countries while living in the United States and exclude the income of foreign nationals em ployed by their home governments. NIPA personal in come also includes the income of foreign nationals working at international organizations in the United States.3 In addition, both measures exclude the income of private U.S. citizens living outside the country for a year or more. 3. For more information on the treatment of border workers in the residence adjustment, see State Personal Income and Employment. State and National Estimates of Personal Income [Billions of dollars] 2010 2011 2012 Personal income in the NIPAs............................................. Plus adjustments for: Coverage differences........................................................... 12,435.2 13,191.3 13,743.8 -13.6 -16.2 -15.0 Federal workers abroad.................................................... Wages and salaries...................................................... Supplements to wages and salaries1........................... Dividends, interest, and rent2....................................... Less: Contributions for government social insurance.... Rest-of-the-world difference............................................. Wages of private foreign nationals in U.S...................... Wages of private U.S. residents abroad........................ -24.7 -17.0 -5.5 -3.9 -1.7 11.1 12.2 -1.1 -27.5 -18.6 -6.1 -4.4 -1.6 11.3 12.4 -1.1 -26.8 -18.0 -5.9 -4.5 -1.6 11.8 12.9 -1.1 2.7 5.4 1.4 Wages and salaries............... Proprietors’ income................ Personal current transfer receipts Statistical discrepancy3........................................................ 0.1 2.6 <0.1 -1.0 0.1 5.3 <0.1 -0.9 0.1 1.3 <0.1 -1.1 Equals: State personal income.......................................... 12,423.3 13,179.6 13,729.1 Use of more current source data 1. Employer contributions for government social insurance and for employee pension and insurance funds for Federal workers stationed abroad. 2. Investment income received by Federal retirement plans that is attributed to Federal workers stationed abroad. 3. Includes revisions made in the NIPAs that are not yet reflected in state personal income concerning wages of border workers and foreign nationals working for international organizations. Jeffrey L. Newman 58 Regional Quarterly Report November 2013 D ata A v a ila b ility The complete set of quarterly and annual state personal income and employment statistics for all states and the District of Columbia and for all years are available inter actively on BEA’s Web site. Estimates for 2001 forward reflect the results of the comprehensive revision to the national income and product accounts (NIPAs) released in July 2013. As a re sult, there is a tem porary break in the state personal in come time series for earlier years. Revised annual estimates back to 1929 and revised quarterly estimates back to the first quarter of 1948 will be released in the spring of 2014. The following annual estimates are available interac tively at www.bea.gov: • Personal income, per capita personal income, and population for 1929-2012 • Disposable personal income and per capita disposable personal income for 1948-2012 • State income and employment summary, 1929-2012 • Personal income by major source and earnings by industry (North American Industry Classification System (NAICS) three digit) for 1990-2012, (Stan dard Industrial Classification System (SIC) two digit) for 1958-2000, and (SIC division level) for 1929-57 • Compensation of employees by industry (NAICS three digit) for 1990-2012 and (SIC two digit) for 1958-2000 •Wages and salaries by industry (NAICS three digit) for 1990-2012, (SIC two digit) for 1958-2000, and (SIC division level) for 1929-57 • Full-time and part-tim e employment by industry (NAICS three digit) for 1990-2012 and (SIC two digit) for 1969-2000 • Full-time and part-tim e wage and salary employment by industry (NAICS three digit) for 1990-2012 and (SIC two digit) for 1969-2000 • State economic profiles (a selection of personal income and employment data for each state) for 1958-2012 • Personal current transfer receipts by major program for 1948-2012 • State property income for 1958-2012 • Farm income and expenses (including the major cate gories of gross receipts and expenses for all farms and for measures of farm income) for 1969-2012 • Personal current tax receipts by level of government and by type for 1948-2012 • BEARFACTS, a computer generated narrative with analytical charts and graphs, that describes a state’s personal income using current estimates, growth rates, and a breakdown of the sources of personal income The following quarterly estimates are also available in teractively at www.bea.gov: • Personal income for the first quarter of 1948 to the second quarter of 2013 • Quarterly income summ ary for the first quarter of 1948 to the second quarter of 2013 • Personal income by major source and earnings by major industry (NAICS two digit) for the first quarter of 1990 to the second quarter of 2013 • Personal income by major source and earnings by major industry (SIC division level) for the first quar ter of 1948 to the fourth quarter of 2000 • Compensation of employees by industry (NAICS two digit) for the first quarter of 1990 to the second quar ter of 2013 • Compensation of employees by industry (SIC division level) for the first quarter of 1958 to the fourth quar ter of 2000 •Wages and salaries by major industry (NAICS two digit) for the first quarter of 1990 to the second quar ter of 2013 •Wages and salaries by major industry (SIC division level) for the first quarter of 1948 to the fourth quar ter of 2000 • Personal current transfer receipts for the first quarter of 2001 to the second quarter of 2013 The state personal income statistics are also available through the members of the BEA User Group, which consists of state agencies and universities that help BEA disseminate the statistics in their states. A list of the BEA user groups is available on BEA’s Web site. For more information about the statistics, contact the Regional Income Division at 202-606-5360, fax 202-606-5322, or e-mail reis@bea.gov. Tables 1 through 5 follow. November 2013 59 S u r v e y o f C u r r e n t B u s in e s s Table 1. Personal Income by State and Region [Millions of dollars, seasonally adjusted at annual rates] 2009 2010 Percent change1 2013 2012 2011 Area III' IVr I' II' lllr IV' r II' III' IV' I' II' III' IV' I' IIP United States 12,048,151 12,127,916 12,181,295 12,363,240 12,491,391 12,657,402 13,021,398 13,137,566 13,270,910 13,288,371 13,537,699 13,639,239 13,683,809 14,055,505 13,872,543 14,006,152 New England................ 771,277 694,262 700,188 722,490 745,854 756,047 757,150 775,952 776,026 798,992 787,474 794,870 698,510 710,566 725,593 754,759 Connecticut............... Maine......................... Massachusetts.......... New Hampshire Rhode Island............. Vermont..................... 190,539 48,979 328,523 57,826 43,611 24,784 Mideast.......................... 2,244,391 Delaware................... District of Columbia.... Maryland................... New Jersey................ New York................... Pennsylvania............. 36,411 40,034 282,044 441,969 930,872 513,061 Great Lakes.................. 1,707,619 Illinois........................ Indiana....................... Michigan.................... Ohio........................... Wisconsin.................. 526,836 217,288 337,633 407,415 218,446 532,381 219,507 339,566 411,606 217,993 529,931 219,041 338,537 409,993 214,858 535,815 221,912 346,518 416,281 218,259 545,609 223,978 350,595 422,880 221,391 549,539 227,702 351,623 424,986 227,501 561,980 233,079 361,760 442,855 226,723 Plains............................. 789,442 796,729 795,467 806,556 815,329 827,155 Iowa........................... Kansas...................... Minnesota.................. Missouri..................... Nebraska................... North Dakota............. South Dakota............. 117,442 109,208 217,141 216,172 71,177 26,702 31,599 119,288 110,043 219,209 216,999 72,116 27,080 31,995 117,084 107,981 220,997 217,319 71,567 28,169 32,350 118,695 109,971 224,153 219,366 72,752 28,807 32,811 119,400 111,771 227,334 220,389 73,494 29,395 33,546 121,139 113,816 232,796 220,861 74,464 30,244 33,836 Southeast..................... Alabama.................... Arkansas ................... Florida....................... Georgia...................... Kentucky.................... Louisiana................... Mississippi................. North Carolina........... South Carolina........... Tennessee................. Virginia...................... West Virginia............. Southwest 0.9 0.7 1.0 1.3 0.8 1.2 2,263,030 2,268,952 2,310,055 2,319,547 2,335,504 2,412,149 2,433,323 2,441,747 2,444,450 2,477,049 2,491,903 2,503,588 2,564,710 2,521,708 2,548,289 1.1 193,550 48,890 330,833 57,876 44,348 24,691 207,805 50,768 360,426 62,905 47,364 26,780 206,416 52,067 359,088 62,909 46,973 27,306 211,676 52,651 367,695 64,137 47,604 27,514 213,680 53,089 369,126 64,401 47,739 27,918 215,657 53,898 375,298 65,450 48,848 28,323 39,183 46,446 309,378 474,364 1,012,470 562,609 39,808 46,973 314,327 482,243 1,022,913 570,783 40,192 47,056 316,199 485,618 1,039,417 575,106 41,690 48,074 321,303 498,228 1,070,875 584,541 41,038 47,661 318,574 491,539 1,044,261 578,635 41,446 48,107 321,786 497,813 1,055,055 584,082 1,721,052 1,712,360 1,738,784 1,764,454 1,781,350 1,826,397 1,837,987 1,859,315 1,868,280 1,897,159 1,916,617 1,914,294 1,957,367 1,945,907 1,965,095 1.0 564,973 235,474 364,424 440,716 232,401 569,464 239,563 366,160 449,383 234,745 572,369 239,146 370,668 451,589 234,508 583,475 244,170 375,286 455,971 238,257 588,240 248,696 375,984 463,496 240,201 586,741 250,536 376,776 460,325 239,916 601,920 253,389 385,727 469,902 246,431 595,317 253,727 384,372 468,250 244,241 602,394 255,365 387,765 473,365 246,205 1.2 0.6 0.9 1.1 0.8 857,467 863,999 878,766 880,647 895,884 903,359 902,460 926,314 925,621 928,000 0.3 127,965 118,066 238,700 225,781 79,372 31,198 36,384 128,734 120,326 240,145 226,619 79,817 31,721 36,636 131,410 122,306 243,710 230,439 81,044 32,766 37,092 132,413 122,433 242,853 230,240 81,447 33,644 37,619 133,158 123,953 248,397 233,295 82,260 36,736 38,085 135,184 123,390 251,106 234,431 83,286 37,933 38,028 134,486 122,740 252,738 234,213 82,986 38,833 36,465 137,426 126,467 257,413 240,705 85,550 40,057 38,696 139,784 125,971 256,554 238,397 85,925 39,555 39,435 139,259 126,634 256,805 240,912 85,348 39,674 39,368 -0.4 0.5 0.1 1.1 -0.7 0.3 -0.2 158,802 91,246 710,715 328,425 140,251 165,743 89,454 336,092 148,932 222,114 353,367 57,828 1,318,044 1,328,939 1,349,482 36,633 42,046 288,802 448,827 967,554 526,193 37,381 42,424 290,874 450,245 963,729 534,894 2,846,398 2,870,725 2,894,112 2,967,942 2,992,893 3,022,708 3,031,711 164,371 95,059 738,676 338,619 145,308 171,327 92,287 341,606 153,748 227,678 365,525 59,910 166,137 98,536 752,774 353,290 148,751 175,288 94,905 349,088 157,449 233,950 376,402 61,371 166,685 99,092 759,984 355,040 150,103 175,325 95,177 351,541 159,469 236,853 381,011 62,612 168,656 100,959 765,578 359,551 152,138 177,944 96,233 353,694 160,969 238,419 385,079 63,488 1,369,759 1,396,438 1,416,875 161,236 93,759 722,371 332,162 143,089 168,452 93,238 339,160 150,594 224,595 359,180 58,562 164,505 94,667 729,983 335,324 144,196 170,945 91,373 339,092 152,873 226,512 361,753 59,501 169,668 101,432 766,877 359,464 152,407 178,202 97,102 355,496 161,103 241,251 385,229 63,479 40,541 47,019 314,898 483,660 1,034,518 571,268 219,167 54,086 381,581 66,511 49,248 28,399 39,238 46,594 308,637 474,774 1,011,213 561,290 156,978 92,103 696,679 330,641 140,859 163,562 89,476 332,698 149,823 219,274 351,268 57,716 3,085,939 3,112,295 3,122,062 3,195,732 3,160,305 3,191,491 171,180 103,050 779,149 366,583 155,066 181,248 99,292 363,631 163,967 247,048 391,302 64,423 173,438 104,151 784,599 368,708 155,769 183,851 100,299 369,142 164,777 249,071 393,324 65,167 171,949 104,071 789,239 371,247 155,639 185,536 99,862 369,850 165,178 249,315 395,287 64,889 175,913 106,347 811,525 378,794 158,905 187,617 102,280 376,574 168,317 255,937 403,309 65,972 0.6 0.6 1.5 0.6 0.5 1.3 0.5 0.7 1.1 1.1 1.0 0.8 1,475,292 1,493,001 1,520,036 1,521,748 1,558,728 1,568,427 1,569,382 1,615,451 220,880 69,648 139,245 987,102 227,345 71,155 142,874 1,033,918 227,518 71,885 146,453 1,047,144 231,111 72,813 149,533 1,066,579 230,978 73,347 150,859 1,066,564 403,555 406,888 412,733 420,057 432,685 436,991 443,935 206,736 49,590 33,757 88,764 24,708 208,596 49,905 34,022 89,188 25,176 211,570 50,633 34,267 90,511 25,752 215,528 51,414 35,029 91,987 26,098 222,337 52,423 35,854 94,675 27,396 224,429 52,715 36,437 95,683 27,726 228,571 53,423 36,905 96,864 28,173 Rocky Mountain........... 399,550 400,694 Colorado.................... Idaho.. Montana.................... Utah.... Wyoming.................... 205,502 49,103 33,162 87,859 23,924 206,400 49,399 33,182 87,931 23,783 2,131,001 2,137,883 2,148,321 30,943 1,531,498 55,873 98,058 135,400 279,230 31,263 1,536,924 55,492 98,306 135,639 280,258 32,125 1,543,508 55,929 97,826 136,483 282,451 2,174,233 2,189,677 2,256,757 2,303,613 32,490 1,564,578 56,238 99,174 136,805 284,949 p Preliminary r Revised 1. Percent change from preceding period was calculated from unrounded data. 32,851 1,572,399 57,569 99,824 138,105 288,929 33,132 1,636,109 57,573 100,001 139,295 290,647 34,006 1,666,272 59,267 100,801 143,920 299,347 1.0 174,826 105,761 799,838 376,537 158,144 185,180 101,813 373,795 166,520 253,123 399,305 65,463 220,217 69,160 136,559 970,502 214,145 66,992 130,607 937,739 1.0 0.9 1.0 1.3 1.0 0.9 176,378 106,760 816,035 379,413 158,050 186,726 102,407 376,191 168,459 255,322 404,108 65,885 215,793 68,157 133,840 951,970 215,982 66,533 128,224 918,200 206,029 52,094 353,590 61,738 45,980 26,423 38,533 46,008 304,944 469,845 1,016,326 557,667 214,130 66,126 128,057 909,731 Alaska. California................... Hawaii........................ Nevada...................... Oregon...................... Washington................ 199,978 49,569 344,569 60,036 46,028 25,413 38,537 45,369 301,045 465,769 1,009,614 551,815 35,968 41,251 283,860 445,574 945,047 517,252 Arizona New Mexico............... Oklahoma.................. Texas.. Far West 200,055 49,680 342,360 59,583 45,523 25,289 37,849 43,117 295,076 451,593 966,977 540,892 36,535 40,278 284,438 444,166 936,134 521,480 2,763,842 2,781,077 2,802,971 156,602 90,931 691,657 330,136 139,120 162,566 89,510 332,068 148,297 216,019 349,411 57,524 197,774 49,302 333,964 59,284 45,171 25,070 212,665 53,308 369,701 64,492 48,147 27,713 1.0 0.9 217,504 54,252 378,881 66,332 49,234 28,668 192,388 49,573 329,667 58,193 43,915 24,774 208,397 51,684 359,766 63,052 47,208 27,042 2013:11 1,602,337 1,621,893 1.2 243,580 75,302 159,052 1,137,518 239,461 74,998 158,109 1,129,769 243,143 75,717 159,569 1,143,465 1.5 1.0 0.9 1.2 459,088 474,422 468,585 472,942 0.9 236,296 54,769 38,576 100,589 28,857 244,689 56,275 39,584 104,030 29,844 240,537 56,194 39,304 103,260 29,289 242,934 56,409 39,631 104,305 29,662 1.0 0.4 0.8 1.0 1.3 2,323,325 2,347,252 2,341,539 2,397,406 2,412,269 2,436,909 2,522,516 2,460,607 2,483,572 0.9 35,977 1,741,686 62,191 104,939 152,166 315,310 0.6 0.9 1.1 1.2 1.1 0.9 34,789 1,680,110 59,827 101,994 145,942 300,662 35,146 1,698,535 60,232 102,257 145,913 305,168 233,655 73,963 152,722 1,098,388 237,068 74,549 154,158 1,102,652 235,748 73,850 153,901 1,105,883 445,236 454,258 458,417 228,791 53,254 37,325 97,478 28,387 233,296 54,254 38,325 99,631 28,751 235,564 54,791 38,526 100,400 29,136 35,368 1,687,897 61,053 101,815 148,231 307,174 35,890 1,732,859 61,422 104,026 150,521 312,688 36,123 1,764,498 61,922 104,754 152,714 316,897 36,649 1,833,113 63,783 108,081 155,486 325,403 36,441 1,777,659 63,205 106,497 154,249 322,557 36,642 1,793,950 63,919 107,800 155,924 325,337 N ote . The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. Regional Quarterly Report 60 November 2013 Table 2. Annual Personal Income and Per Capita Personal Income by State and Region Per capita personal income Personal income Rank of percent change Millions of dollars Area 2008' 2009' 2010r 2011r 2012' 12,429,284 12,073,738 12,423,332 13,179,561 13,729,063 693,912 714,709 753,453 780,562 708,601 Connecticut..................................................... Maine............................................................... Massachusetts................................................ New Hampshire............................................... Rhode Island................................................... Vermont........................................................... Delaware......................................................... Maryland.......................................................... New Jersey...................................................... New York.......................................................... Pennsylvania................................................... Illinois.............................................................. Indiana............................................................. Michigan.......................................................... Ohio................................................................. Wisconsin........................................................ Iowa................................................................. Kansas ............................................................ Minnesota........................................................ Missouri........................................................... Nebraska......................................................... North Dakota................................................... South Dakota................................................... Alabama.......................................................... Arkansas ......................................................... Florida............................................................. Georgia............................................................ Kentucky.......................................................... Louisiana......................................................... Mississippi....................................................... North Carolina................................................. South Carolina................................................. Tennessee....................................................... Virginia ............................................................ West Virginia................................................... 2011--2012 191,313 48,939 327,863 57,629 43,471 24,697 197,839 49,360 337,932 59,195 45,268 25,116 207,162 51,653 358,218 62,651 46,881 26,888 214,297 53,283 372,026 64,885 48,184 27,886 3.4 3.2 3.9 3.6 2.8 3.7 2,276,814 2,238,410 198,982 48,771 333,246 58,400 44,144 25,058 2,308,514 2,432,917 2,509,312 3.1 36,672 40,700 283,053 451,504 945,343 519,543 36,419 40,276 282,153 440,429 924,453 514,679 36,958 42,209 289,653 449,060 960,827 529,808 38,873 46,104 306,001 471,188 1,012,406 558,345 40,558 47,281 316,682 487,437 1,041,931 575,425 4.3 2.6 3.5 3.4 2.9 3.1 1,768,674 1,714,389 1,749,237 1,847,995 1,921,359 4.0 552,436 224,651 354,077 419,004 218,506 531,625 217,545 338,322 409,402 217,495 540,223 223,158 346,818 418,535 220,502 567,197 236,815 365,753 446,136 232,094 590,094 249,198 378,443 462,424 241,201 4.0 5.2 3.5 3.7 3.9 812,334 790,940 811,127 870,220 907,004 4.2 118,981 114,004 225,978 221,451 72,787 26,881 32,251 117,411 109,731 217,595 216,526 71,470 26,602 31,605 119,080 110,885 226,320 219,484 73,069 29,154 33,136 130,131 120,783 241,352 228,270 80,420 32,332 36,932 135,063 124,137 252,413 235,661 83,521 38,390 37,819 3.8 2.8 4.6 3.2 3.9 18.7 2.4 2,837,629 2,770,024 2,853,551 3,003,814 3,129,007 4.2 159,009 93,073 736,198 339,900 140,871 167,660 90,377 332,617 150,166 219,042 351,721 56,994 156,678 91,625 696,487 330,287 139,396 163,396 89,501 330,113 148,603 217,000 349,238 57,698 162,228 93,683 725,436 333,633 143,211 169,117 91,588 338,987 151,537 225,225 359,956 58,950 167,787 100,005 761,303 356,836 150,850 176,690 95,854 352,455 159,747 237,618 381,930 62,737 173,236 104,508 792,255 371,488 156,131 184,340 100,465 369,704 165,595 250,189 396,005 65,091 3.2 4.5 4.1 4.1 3.5 4.3 4.8 4.9 3.7 5.3 3.7 3.8 1,393,848 1,326,380 1,383,139 1,502,519 1,577,997 5.0 217,759 68,489 135,063 961,828 229,238 72,300 147,430 1,053,552 237,513 74,416 154,958 1,111,110 3.6 2.9 5.1 5.5 Arizona............................................................ New Mexico..................................................... Oklahoma........................................................ Texas ............................................................... 224,660 67,154 138,085 963,949 215,487 66,178 128,761 915,954 414,486 401,298 410,808 439,712 461,546 5.0 Colorado.......................................................... Idaho ............................................................... Montana.......................................................... Utah................................................................. Wyoming.......................................................... 212,243 50,320 33,881 91,249 26,793 206,423 49,165 33,112 88,270 24,328 210,608 50,385 34,269 90,113 25,434 226,032 52,954 36,630 96,175 27,920 237,461 55,022 38,753 101,163 29,147 5.1 3.9 5.8 5.2 4.4 2,216,899 2,138,386 2,192,247 2,328,932 2,442,275 4.9 31,035 1,596,282 55,223 105,975 138,583 289,801 30,944 1,536,430 55,666 98,901 135,667 280,778 32,650 1,579,148 56,827 99,206 137,672 286,744 34,827 1,683,204 60,095 101,717 146,001 303,088 36,160 1,768,039 62,330 105,450 152,722 317,575 3.8 5.0 3.7 3.7 4.6 4.8 Alaska.............................................................. California......................................................... Hawaii.............................................................. Nevada............................................................ Oregon............................................................ Washington...................................................... 2008' 4.2 3.6 41 44 25 36 48 30 17 38 40 47 45 Rank in United States Dollars 2009' 2010' 2011' 2012' 40,873 49,414 39,357 48,176 40,163 49,416 42,298 51,900 43,735 53,600 56,121 36,656 51,515 44,380 41,842 40,148 53,712 36,808 50,304 43,788 41,257 39,527 55,315 37,180 51,488 44,952 42,999 40,126 57,758 38,880 54,218 47,542 44,621 42,911 59,687 40,087 55,976 49,129 45,877 44,545 47,747 46,688 47,888 50,218 51,598 41,490 70,144 49,790 51,831 49,205 41,193 40,841 68,008 49,238 50,303 47,882 40,632 41,072 69,769 50,044 51,010 49,529 41,680 42,805 74,480 52,401 53,333 51,914 43,813 44,224 74,773 53,816 54,987 53,241 45,083 38,221 36,983 37,670 39,739 41,260 21 5 39 34 22 43,338 34,966 35,597 36,386 38,735 41,544 33,679 34,168 35,511 38,364 42,072 34,386 35,111 36,274 38,755 44,106 36,342 37,032 38,657 40,648 45,832 38,119 38,291 40,057 42,121 40,118 38,786 39,497 42,159 43,712 27 49 14 43 24 1 50 39,440 40,598 43,068 37,383 40,519 40,880 40,358 38,713 38,737 41,202 36,323 39,428 40,005 39,161 39,038 38,787 42,616 36,605 39,935 43,232 40,596 42,470 42,079 45,135 37,988 43,654 47,218 44,843 43,935 43,015 46,925 39,133 45,012 54,871 45,381 36,825 35,598 36,324 37,908 39,137 33,701 32,378 39,736 35,761 32,838 37,799 30,659 35,729 33,157 35,061 44,900 30,970 32,930 31,629 37,340 34,330 32,290 36,378 30,249 34,934 32,376 34,412 44,063 31,226 33,905 32,053 38,493 34,343 32,947 37,217 30,847 35,462 32,688 35,431 44,854 31,796 34,929 34,032 39,896 36,366 34,545 38,623 32,193 36,520 34,183 37,129 47,126 33,822 35,926 35,437 41,012 37,449 35,643 40,057 33,657 37,910 35,056 38,752 48,377 35,082 42 15 20 19 37 18 11 10 33 4 31 28 38,431 35,946 36,906 39,580 40,973 35 46 7 3 35,772 33,399 37,636 39,654 33,972 32,491 34,636 36,931 33,967 33,170 35,926 38,103 35,446 34,782 38,960 41,103 36,243 35,682 40,620 42,638 39,067 37,178 37,519 39,687 41,135 8 23 2 6 16 43,406 32,796 34,699 34,265 49,067 41,515 31,629 33,651 32,412 43,454 41,717 32,076 34,589 32,472 45,066 44,179 33,436 36,716 34,173 49,212 45,775 34,481 38,555 35,430 50,567 42,956 40,991 41,600 43,779 45,463 26 9 29 32 13 12 45,145 43,609 41,452 39,936 36,772 44,162 44,275 41,569 41,335 36,839 35,621 42,112 45,725 42,297 41,654 36,692 35,869 42,521 48,114 44,666 43,606 37,396 37,744 44,420 49,436 46,477 44,767 38,221 39,166 46,045 r Revised from the estimate of personal income in the national income and product accounts because of differences in coverage, in 1. Percent change was calculated from unrounded data. the methodologies used to prepare the estimates, and in the timing of the availability of source data. N o te . The personal income level shown for the United States is derived as the sum of the state estimates. It differs Percent of the U.S. Average 2012 100.0 122.6 1 29 2 9 14 21 136.5 91.7 128.0 112.3 104.9 101.9 118.0 22 5 3 6 18 101.1 171.0 123.1 125.7 121.7 103.1 15 38 36 30 26 104.8 87.2 87.6 91.6 96.3 23 24 11 33 19 4 17 100.5 98.4 107.3 89.5 102.9 125.5 103.8 42 45 27 40 44 30 50 39 48 34 10 47 82.1 81.0 93.8 85.6 81.5 91.6 77.0 86.7 80.2 88.6 110.6 80.2 94.3 99.9 89.5 93.7 41 43 28 25 82.9 81.6 92.9 97.5 16 49 35 46 7 104.7 78.8 88.2 81.0 115.6 94.1 104.0 8 12 20 37 32 13 113.0 106.3 102.4 87.4 89.6 105.3 November 2013 61 S u r v e y o f C u r r e n t B u s in e s s Table 3. Disposable Personal Income and Per Capita Disposable Personal Income by State and Region Disposable personal income Area Millions of dollars 2008r 2009r 2010r 2011r 2012' United States............................... 10,995,372 10,929,929 11,233,071 11,777,093 12,232,545 New England........................................................ 613,235 613,837 630,417 655,494 676,957 Connecticut..................................................... Maine... Massachusetts................................................ New Hampshire............................................... Rhode Island Vermont........................................................... Mideast... Delaware District of Columbia......................................... Maryland......................................................... New Jersey...................................................... New York......................................................... Pennsylvania................................................... Great Lakes Illinois. Indiana Michigan.......................................................... Ohio.... Wisconsin........................................................ Plains..... Iowa.... Kansas Minnesota........................................................ Missouri........................................................... Nebraska......................................................... North Dakota................................................... South Dakota................................................... Per capita disposable personal income Rank of percent change 168,800 43,375 287,125 52,435 39,181 22,320 1,966,601 3.9 3.3 170,565 45,192 296,015 54,366 41,229 23,049 176,195 46,796 309,117 56,920 42,099 24,367 181,433 48,216 320,077 58,849 43,159 25,223 3.0 3.0 3.5 3.4 2.5 3.5 1,978,138 2,039,565 165,149 44,771 288,674 53,025 39,567 22,652 2,124,343 2,184,430 2.8 32,883 35,713 250,466 390,836 802,940 465,301 33,286 37,630 257,676 398,760 833,614 478,598 34,549 40,790 269,296 413,287 867,234 499,187 35,859 41,588 277,884 426,459 889,724 512,917 3.8 2.0 3.2 3.2 2.6 2.8 1,564,142 1,558,450 32,357 35,919 247,095 392,409 800,485 458,334 1,587,273 1,654,345 1,713,641 3.6 487,479 199,393 315,001 369,679 192,591 480,258 198,851 310,384 371,960 196,997 487,089 203,636 317,135 379,472 199,941 502,516 213,601 330,054 399,994 208,180 519,469 224,493 340,379 413,406 215,894 3.4 5.1 3.1 3.4 3.7 721,755 719,958 737,575 782,770 813,282 3.9 106,699 101,440 197,395 197,088 65,268 24,258 29,606 107,836 99,901 194,847 197,811 65,556 24,432 29,576 109,225 100,772 202,351 200,745 66,785 26,687 31,010 118,260 108,845 212,978 206,356 73,031 29,019 34,281 122,416 111,444 222,100 212,229 75,638 34,473 34,982 3.5 2.4 4.3 2.8 3.6 18.8 2.0 2,546,943 2,541,766 2,619,005 2,728,535 2,836,875 143,397 83,741 666,653 303,743 125,175 150,575 82,706 295,347 135,559 200,802 308,448 50,797 144,509 84,222 642,972 301,380 127,461 150,424 83,591 300,936 137,322 203,567 312,498 52,882 149,713 86,306 670,004 303,985 130,893 156,415 85,121 309,334 140,055 211,210 321,871 54,098 153,313 91,234 694,898 322,217 136,615 162,520 88,971 317,485 146,059 220,749 337,628 56,844 157,926 95,246 721,500 334,696 141,168 169,378 93,182 332,583 151,061 232,036 349,218 58,880 Southwest............................................................ 1,260,087 1,225,516 1,277,340 1,370,367 1,434,754 4.7 Arizona............................................................ New Mexico..................................................... Oklahoma........................................................ Texas............................................................... 202,687 60,998 124,041 872,360 199,429 60,956 118,332 846,800 201,221 63,550 124,500 888,069 208,987 66,538 134,145 960,697 215,904 68,361 140,556 1,009,933 3.3 2.7 4.8 5.1 367,869 365,150 373,489 395,046 413,666 4.7 187,430 45,023 30,190 81,314 23,912 186,521 45,398 30,203 80,698 22,329 189,654 46,596 31,378 82,673 23,189 200,836 48,428 33,139 87,261 25,382 210,385 50,272 34,992 91,566 26,450 4.8 3.8 5.6 4.9 4.2 1,954,740 1,927,115 1,968,407 2,066,193 2,158,940 4.5 28,104 1,397,572 49,286 95,708 121,453 262,617 28,485 1,375,008 50,936 90,822 122,470 259,393 30,093 1,406,257 52,254 91,253 124,011 264,539 33,010 1,549,322 56,597 96,170 135,472 288,369 3.6 4.6 3.3 3.5 4.4 4.5 Far West Alaska. California......................................................... Hawaii. Nevada Oregon Washington...................................................... 31,867 1,480,861 54,815 92,885 129,800 275,964 43 41 26 32 48 29 21 38 39 47 45 3.0 4.4 3.8 3.9 3.3 4.2 4.7 4.8 3.4 5.1 3.4 3.6 2009' 2010r 2011' 2012' 36,158 42,764 35,629 42,617 36,315 43,588 37,797 45,153 38,968 46,486 47,609 32,600 44,385 39,847 37,138 35,760 46,367 33,672 44,291 40,290 37,552 36,254 47,689 34,041 45,102 41,285 39,163 36,825 49,124 35,224 46,786 43,193 40,069 38,888 50,534 36,275 48,160 44,558 41,092 40,292 41,242 41,259 42,309 43,849 44,917 36,609 61,905 43,465 45,047 41,665 36,340 36,875 60,302 43,708 44,638 41,588 36,734 36,991 62,200 44,519 45,296 42,971 37,651 38,044 65,894 46,116 46,780 44,470 39,170 39,100 65,770 47,222 48,108 45,463 40,186 33,801 33,619 34,182 35,574 36,800 33 5 40 34 22 38,243 31,035 31,668 32,103 34,141 37,530 30,785 31,347 32,263 34,748 37,934 31,378 32,106 32,888 35,142 39,077 32,779 33,417 34,658 36,460 40,346 34,340 34,440 35,811 37,702 35,644 35,305 35,916 37,922 39,195 28 49 15 44 25 1 50 35,369 36,125 37,620 33,270 36,333 36,891 37,048 35,556 35,267 36,894 33,184 36,165 36,741 36,647 35,808 35,249 38,102 33,479 36,501 39,574 37,992 38,595 37,920 39,829 34,341 39,642 42,379 41,624 39,821 38,617 41,289 35,242 40,764 49,273 41,977 33,052 32,664 33,338 34,434 35,483 42 13 19 18 35 16 10 8 31 4 30 24 30,392 29,132 35,982 31,957 29,179 33,947 28,057 31,726 29,931 32,142 39,376 27,602 30,372 29,074 34,471 31,326 29,525 33,490 28,252 31,847 29,918 32,281 39,427 28,619 31,290 29,529 35,552 31,291 30,113 34,421 28,668 32,360 30,211 33,227 40,108 29,179 31,916 31,047 36,416 32,838 31,285 35,525 29,882 32,896 31,254 34,493 41,660 30,645 32,751 32,296 37,349 33,740 32,227 36,806 31,218 34,104 31,979 35,940 42,661 31,734 34,743 33,212 34,083 36,098 37,254 36 46 7 3 32,273 30,337 33,808 35,886 31,440 29,927 31,830 34,143 31,388 30,778 33,116 35,181 32,314 32,010 35,449 37,481 32,946 32,779 36,845 38,755 4.0 Alabama.......................................................... Arkansas......................................................... Florida............................................................. Georgia............................................................ Kentucky........ Louisiana....... Mississippi..... North Carolina South Carolina Tennessee..... Virginia.......... West Virginia................................................... Colorado.......................................................... Idaho............................................................... Montana.......................................................... Utah................................................................. Wyoming.......................................................... 2008r 2011- 2012 34,673 33,829 34,110 35,656 36,868 9 20 2 6 17 38,331 29,344 30,920 30,534 43,791 37,513 29,206 30,695 29,631 39,884 37,567 29,664 31,671 29,791 41,089 39,254 30,578 33,217 31,006 44,737 40,556 31,504 34,813 32,069 45,887 37,876 36,941 37,352 38,840 40,188 23 11 37 27 14 12 40,881 38,181 36,996 36,067 32,226 40,019 40,758 37,201 37,822 33,830 32,156 38,905 42,144 37,667 38,302 33,751 32,310 39,228 44,024 39,297 39,775 34,149 33,556 40,445 45,130 40,727 40,649 34,858 34,742 41,811 r Revised from the estimate of personal income in the national income and product accounts because of differences in coverage, in 1. Percent change was calculated from unrounded data. the methodologies used to prepare the estimates, and in the timing of the availability of source data. The personal income level shown for the United States is derived as the sum of the state estimates. It differs Note. Percent of the U.S. Average Rank in United States Dollars 2012 100.0 119.3 1 30 3 9 14 20 129.7 93.1 123.6 114.3 105.5 103.4 115.3 23 5 4 7 21 100.3 168.8 121.2 123.5 116.7 103.1 19 38 37 32 26 103.5 88.1 88.4 91.9 96.8 94.4 100.6 22 25 13 33 15 2 11 102.2 99.1 106.0 90.4 104.6 126.4 107.7 91.1 43 44 27 40 45 29 50 39 47 31 10 48 84.0 82.9 95.8 86.6 82.7 94.5 80.1 87.5 82.1 92.2 109.5 81.4 41 42 28 24 84.5 84.1 94.6 99.5 18 49 35 46 6 104.1 80.8 89.3 82.3 117.8 95.6 94.6 103.1 8 16 17 34 36 12 115.8 104.5 104.3 89.5 89.2 107.3 62 Regional Quarterly Report November 2013 Table 4. Personal Income by Major Source [Millions United States Item Alabama Alaska Arizona Line 2010r 2011r 2012' 2010r 2011r 2012r 2010r 2012' 162,228 4,785 33,905 167,787 4,804 34,929 173,236 4,822 35,926 32,650 714 45,725 34,827 724 48,114 201 r 2010r 2011r 2012' 36,160 731 49,436 217,759 6,411 33,967 229,238 6,467 35,446 237,513 6,553 36,243 Income by place of residence Personal income (lines 4-11).......................................................................... Population (thousands)2................................................................................. Per capita personal income (dollars)3............................................................. 1 12,423,332 13,179,561 13,729,063 2 309,326 311,588 313,914 3 40,163 42,298 43,735 Derivation of personal income Earnings by place of work (lines 12-18 or 19-89).......................................... Less: Contributions for government social insurance4.................................... Employee and self-employed contributions for government social insurance Employer contributions for government social insurance............................. Plus: Adjustment for residence5...................................................................... Equals: Net earnings by place of residence.................................................... Plus: Dividends, interest, and rent6................................................................. Plus: Personal current transfer receipts........................................................... 4 5 6 7 8 9 10 11 8,987,326 982,432 513,921 468,511 3,067 8,007,961 2,138,498 2,276,873 9,421,509 916,614 423,157 493,457 3,200 8,508,095 2,364,576 2,306,890 9,821,404 949,176 435,762 513,414 3,393 8,875,621 2,495,206 2,358,236 109,045 12,718 6,811 5,908 1,681 98,007 26,855 37,366 112,507 11,697 5,583 6,114 1,815 102,624 27,266 37,896 115,593 11,963 5,748 6,215 2,022 105,652 28,856 38,728 26,287 2,730 1,365 1,365 -1,618 21,939 5,544 5,167 27,726 2,590 1,122 1,468 -1,752 23,383 6,062 5,382 28,946 2,733 1,161 1,572 -1,825 24,388 6,461 5,311 149,919 17,270 9,160 8,110 690 133,339 36,916 47,503 157,128 15,984 7,555 8,429 720 141,863 39,880 47,495 163,351 16,555 7,793 8,762 780 147,576 42,117 47,820 12 13 14 15 16 17 18 6,368,609 1,583,447 1,114,936 468,511 1,035,270 48,576 986,694 6,628,286 1,632,747 1,139,290 493,457 1,160,476 77,897 1,082,579 6,917,186 1,678,028 1,164,614 513,414 1,226,190 76,638 1,149,552 77,338 19,995 14,088 5,908 11,711 510 11,201 79,048 20,513 14,399 6,114 12,946 291 12,655 81,233 20,074 13,860 6,215 14,286 811 13,475 18,019 5,394 4,029 1,365 2,874 4 2,870 18,768 5,891 4,422 1,468 3,067 2 3,065 19,558 6,112 4,539 1,572 3,277 4 3,273 109,292 25,589 17,479 8,110 15,038 222 14,816 113,695 26,552 18,122 8,429 16,881 685 16,196 118,771 26,792 18,030 8,762 17,788 302 17,486 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 72,758 8,914,568 7,214,458 26,463 109,209 65,012 18,832 25,365 74,956 471,862 882,625 556,126 16,578 22,499 26,842 80,347 77,647 122,967 29,856 50,419 64,008 17,492 47,471 326,499 77,917 15,830 5,879 5,352 7,726 1,405 30,568 26,929 20,794 96,789 37,310 448,766 544,547 291,392 36,707 18,677 6,581 91,949 21,149 15,107 1,148 37,478 29,724 32,872 288,670 73,400 28,151 63,068 82,708 24,564 16,779 664,344 143,764 853,863 220,671 345,186 150,986 1,003,316 96,825 267,716 329,297 1,700,110 294,535 144,314 1,261,261 349,646 911,615 101,036 9,320,473 7,612,775 25,707 150,703 95,469 22,062 33,172 79,291 486,243 931,999 590,681 17,168 23,262 31,105 87,034 84,099 126,284 30,381 56,190 69,471 17,830 47,857 341,318 78,227 15,933 5,938 5,414 7,318 1,499 31,356 26,935 27,063 103,070 38,565 476,629 565,856 315,828 39,236 20,920 6,656 101,503 22,742 19,018 1,280 41,090 29,989 33,394 300,895 78,668 29,100 62,808 84,190 25,997 20,132 670,935 170,553 915,431 236,015 370,063 156,730 1,033,089 100,383 286,013 340,412 1,707,698 301,498 143,412 1,262,788 353,832 908,956 99,786 9,721,618 8,003,677 27,819 168,326 107,145 23,323 37,858 79,326 517,367 972,055 618,297 17,853 23,903 33,302 94,662 89,510 126,297 31,743 59,902 71,377 18,865 50,883 353,758 82,290 16,338 6,069 5,539 7,325 1,588 31,529 26,872 27,847 108,334 40,027 502,780 586,086 332,747 39,979 21,846 6,419 111,416 25,016 15,126 1,418 44,487 31,237 35,803 313,717 84,450 30,251 58,863 84,216 29,286 26,651 690,829 181,390 974,178 257,268 392,535 164,466 1,075,222 105,335 306,546 355,685 1,717,941 300,683 142,411 1,274,847 359,448 915,399 709 108,336 83,335 700 750 131 565 55 1,597 6,953 14,676 9,509 575 394 1,257 1,331 619 753 324 1,974 1,556 364 362 5,167 1,277 153 228 174 198 3 1,112 170 213 891 747 5,024 7,561 3,395 44 303 124 1,577 90 224 3 409 259 363 1,537 340 45 240 778 101 31 5,172 1,316 8,802 1,406 3,620 900 11,600 440 2,938 4,948 25,000 5,757 2,045 17,198 6,233 10,966 466 112,040 86,812 635 861 158 640 63 1,750 6,848 15,199 9,837 612 392 1,445 1,320 658 707 319 2,088 1,589 357 349 5,362 1,221 158 270 173 148 3 1,125 160 354 964 786 5,235 7,778 3,677 51 343 126 1,647 94 311 3 447 259 397 1,580 353 44 250 802 95 36 5,622 1,715 9,136 1,507 3,822 924 11,888 430 3,096 5,111 25,228 6,089 1,986 17,153 6,254 10,898 1,019 114,575 89,477 666 895 166 657 71 1,696 7,138 15,830 10,393 633 379 1,582 1,454 659 642 345 2,308 1,636 362 393 5,438 1,224 159 281 152 141 3 1,117 156 360 1,024 821 5,335 7,863 3,791 52 355 115 1,738 97 233 3 467 262 469 1,585 389 40 237 761 112 46 5,731 1,836 9,331 1,604 3,984 964 12,208 438 3,276 5,305 25,098 5,970 1,884 17,244 6,244 11,000 10 26,277 17,700 259 2,159 783 280 1,097 258 1,956 719 141 9 27,716 18,721 254 2,299 822 320 1,158 287 1,973 777 143 9 28,938 19,756 257 2,539 932 367 1,240 292 2,136 834 169 (D) (D) (D) 23 2 39 6 10 (D) (D) 28 20 2 52 6 8 22 1 71 7 7 (D) (D) 677 149,242 120,442 440 1,005 60 886 59 1,561 8,359 12,374 10,646 152 318 259 954 500 4,301 196 1,130 155,997 126,991 445 1,227 104 1,049 75 1,599 8,323 13,030 11,184 147 306 267 1,032 446 4,640 193 175 3,071 212 693 1,846 430 220 23 29 6 18 172 271 89 371 218 8,211 12,357 4,953 1,287 293 (D) 1,370 425 30 26 638 (D) 417 2,932 655 123 422 1,206 410 116 10,481 4,190 12,557 2,318 8,896 2,710 19,555 1,707 5,860 5,641 29,007 5,482 2,242 21,284 5,141 16,142 707 162,644 133,310 450 1,378 118 1,188 72 1,572 9,066 13,618 11,675 159 320 319 1,132 482 4,669 192 Earnings by place of work Components of earnings: Wages and salaries..................................................................................... Supplements to wages and salaries............................................................ Employer contributions for employee pension and insurance fund.......... Employer contributions for government social insurance......................... Proprietors’ income7................................................................................... Farm........................................................................................................ Nonfarm................................................................................................... Earnings by industry Farm earnings................................................................................................. Nonfarm earnings............................................................................................ Private earnings.......................................................................................... Forestry, fishing, and related activities.................................................... Mining ............................................................................................... Oil and gas extraction.......................................................................... Mining, except oil and gas................................................................... Support activities for mining................................................................ Utilities ................................................................................................... Construction............................................................................................ Manufacturing.......................................................................................... Durable goods manufacturing............................................................. Wood product manufacturing ................................................. Nonmetallic mineral product manufacturing.................................... Primary metal manufacturing ................................................. Fabricated metal product manufacturing.......................................... Machinery manufacturing................................................................ Computer and electronic product manufacturing............................. Electrical equipment and appliance mfg.......................................... Motor vehicles, bodies and trailers, and parts manufacturing.......... Other transportation equipment manufacturing................................ Furniture and related product manufacturing.................................. Miscellaneous manufacturing.......................................................... Nondurable goods manufacturing....................................................... Food manufacturing......................................................................... Beverage and tobacco product manufacturing................................. Textile mills...................................................................................... Textile product mills......................................................................... Apparel manufacturing.................................................................... Leather and allied product manufacturing....................................... Paper manufacturing....................................................................... Printing and related support activities............................................. Petroleum and coal products manufacturing................................... Chemical manufacturing.................................................................. Plastics and rubber products manufacturing................................... Wholesale trade...................................................................................... Retail trade..................... Transportation and warehousing............................................................. Air transportation ........................................................................ Rail transportation Water transportation.... Truck transportation............................................................................. Transit and ground passenger transportation...................................... Pipeline transportation........................................................................ Scenic and sightseeing transportation................................................ Support activities for transportation..................................................... Couriers and messengers................................................................... Warehousing and storage................................................................... Information..................... Publishing industries, except Internet.................................................. Motion picture and sound recording industries.................................... Broadcasting, except Internet.............................................................. Telecommunications............... ISPs, search portals, and data processing.......................................... Other information services8................................................................ Finance and insurance............... Real estate and rental and leasing.......................................................... Professional, scientific, and technical services......................................... Management of companies and enterprises........................................... Administrative and waste management services....................................... Educational services............................. Health care and social assistance.......... Arts, entertainment, and recreation Accommodation and food services Other services, except public administration........................................... Government and government enterprises.. Federal, civilian........................................................................................ Military State and local......................................................................................... State Local.... See the footnotes at the end of the table. (D) (D) (D) (D) (D) 12 578 466 11 11 634 516 12 11 665 545 15 (D) (D) (D) 3 1 (D) (D) 3 3 (D) (D) (D) (D) (D) (D) (D) 16 68 5 17 73 5 18 72 4 1 (D) (D) (D) 437 1,471 1,546 407 459 1,522 1,652 444 (L) 101 247 83 463 1,560 1,719 445 (L) 106 263 94 (L) 91 233 77 (D) (D) (D) 71 187 (D) 29 483 44 10 53 367 3 7 924 450 1,675 116 723 129 2,640 126 835 792 8,577 1,682 2,063 4,832 2,105 2,727 73 192 (D) 30 513 47 10 54 393 3 7 867 557 1,838 125 765 131 2,853 143 895 812 8,996 1,727 2,156 5,112 2,229 2,883 80 201 (D) 39 513 43 9 53 391 7 9 834 569 1,929 178 815 138 3,028 146 948 860 9,181 1,711 2,214 5,256 2,314 2,942 (D) (D) 209 596 1,728 415 218 24 26 8 18 156 267 48 330 218 7,872 11,651 4,572 1,218 (D) (D) 1,247 404 29 22 557 (D) 378 2,807 606 115 417 1,172 391 106 9,917 3,232 11,777 2,255 8,525 2,585 18,861 1,673 5,567 5,408 28,800 5,279 2,288 21,234 4,968 16,266 (D) (D) 236 757 1,943 445 220 25 30 6 17 169 299 84 415 233 8,749 12,435 5,198 1,249 304 (D) 1,524 437 35 28 695 (D) 451 3,257 750 136 400 1,202 600 169 11,163 4,502 13,062 2,579 9,305 2,873 20,219 1,820 6,208 5,856 29,333 5,477 2,201 21,656 5,253 16,404 November 2013 Survey of 63 C u r r e n t B u s in e s s and Earnings by Industry, 2010-20121—Continues of dollars] Arkansas California Colorado Connecticut Delaware District of Columbia Line 2010r 2011' 2012' 2010r 2011r 2012r 93,683 2,923 32,053 100,005 2,939 34,032 104,508 2,949 35,437 1,579,148 37,334 42,297 1,683,204 37,684 44,666 62,348 7,601 4,037 3,564 -252 54,495 15,917 23,272 64,785 7,120 3,372 3,748 -220 57,445 18,694 23,866 68,048 7,272 3,435 3,838 -242 60,534 19,591 24,382 1,149,052 121,775 66,277 55,498 -178 1,027,099 291,078 260,972 44,800 10,776 7,212 3,564 6,772 947 5,825 46,361 10,925 7,177 3,748 7,499 1,087 6,412 47,888 11,706 7,868 3,838 8,454 1,656 6,798 814,541 203,942 148,444 55,498 130,569 6,297 124,272 1,221 61,127 48,969 504 886 368 131 387 750 3,517 8,254 4,218 (D) 178 523 780 574 168 512 (D) 334 182 189 4,037 1,881 65 6 46 40 43 741 197 87 366 565 3,271 4,362 3,137 79 278 7 1,873 39 154 2 239 159 306 1,052 234 34 114 565 90 15 2,454 952 3,025 2,770 1,858 511 7,440 251 1,629 2,347 12,159 1,870 925 9,363 4,110 5,253 1,328 63,457 51,053 460 1,130 560 144 426 760 3,575 8,433 4.393 (D) 178 662 751 620 166 483 (D) 363 158 185 4,040 1,802 69 4 50 37 44 755 210 87 385 597 3,362 4,550 3,430 84 311 8 2,060 45 190 2 255 160 315 1,065 242 38 117 563 88 16 2,574 1,021 3,261 2,802 2,037 536 7,621 261 1,719 2,456 12,404 1,856 905 9,643 4,255 5,388 2010' 2011' 2012' 2010' 2011' 2012' 1,768,039 38,041 46,477 210,608 5,048 41,717 226,032 5,116 44,179 237,461 5,188 45,775 197,839 3,577 55,315 207,162 3,587 57,758 214,297 3,590 59,687 36,958 900 41,072 38,873 908 42,805 40,558 917 44,224 42,209 605 69,769 46,104 619 74,480 47,281 632 74,773 1 2 3 1,212,544 114,247 55,883 58,364 -246 1,098,051 323,853 261,300 1,273,106 118,134 57,138 60,996 -308 1,154,664 343,818 269,557 159,734 16,674 8,599 8,075 451 143,511 38,464 28,633 167,046 15,846 7,062 8,784 498 151,699 44,714 29,619 175,816 16,499 7,324 9,175 523 159,840 47,302 30,319 139,525 14,050 7,372 6,678 4,104 129,579 39,857 28,404 144,499 12,987 5,991 6,997 3,710 135,222 43,189 28,751 148,572 13,368 6,125 7,242 3,973 139,177 45,332 29,789 29,058 3,146 1,641 1,505 -2,195 23,717 6,154 7,086 30,210 2,855 1,307 1,549 -2,626 24,728 6,686 7,459 31,038 2,965 1,349 1,616 -2,403 25,671 7,082 7,805 78,432 7,781 3,753 4,029 -40,101 30,550 6,293 5,367 81,952 7,180 2,961 4,219 -41,673 33,100 7,302 5,703 83,061 7,384 3,063 4,321 -41,682 33,996 7,630 5,655 4 5 6 7 8 9 10 11 849,743 219,143 160,778 58,364 143,659 10,543 133,115 899,723 222,655 161,659 60,996 150,728 10,659 140,069 113,783 25,054 16,979 8,075 20,897 504 20,393 118,740 25,344 16,560 8,784 22,962 900 22,062 125,055 26,573 17,399 9,175 24,188 888 23,300 97,851 23,316 16,638 6,678 18,359 28 18,332 101,643 23,729 16,733 6,997 19,127 47 19,080 104,422 24,027 16,784 7,242 20,123 11 20,111 20,444 5,207 3,702 1,505 3,407 113 3,294 21,360 5,317 3,768 1,549 3,533 146 3,387 22,038 5,401 3,785 1,616 3,599 164 3,435 57,922 15,251 11,222 4,029 5,259 0 5,259 59,938 16,329 12,110 4,219 5,685 0 5,685 61,085 16,111 11,791 4,321 5,865 0 5,865 12 13 14 15 16 17 18 1,904 15,397 12,559 15,963 66,144 1,136,493 1,196,581 1,257,709 53,630 909,132 965,600 1,024,712 496 6,755 7,000 7,666 1,174 5,096 6,336 7,093 637 3,707 4,692 5,282 143 459 508 530 394 930 1,136 1,282 820 8,637 9,330 9,380 3,803 50,012 51,819 56,267 8,702 116,654 121,253 125,431 4,545 80,751 84,581 86,374 1,089 1,108 1,145 (D) 187 1,987 1,860 1,923 807 1,304 1,589 1,628 799 7,563 8,153 8,679 629 6,892 6,289 6,993 39,721 168 41,409 41,766 450 2,489 2,551 2,604 2,001 1,501 1,403 (D) 9,884 9,747 401 9,023 153 1,626 1,695 1,813 7,784 7,877 191 8,609 4,157 35,904 36,672 39,058 1,866 8,498 8,657 9,109 71 3,786 3,973 4,116 4 370 385 380 50 428 410 414 37 2,856 2,703 2,826 49 154 170 170 1,694 1,862 773 1,818 192 2,546 2,485 2,490 3,667 93 3,379 3,755 402 9,582 9,689 11,190 621 2,610 2,671 2,789 3,554 53,724 57,703 60,512 4,748 67,720 71,050 74,398 3,519 31,151 33,849 35,610 32 3,410 3,693 3,955 328 1,112 1,206 1,247 3 495 604 581 2,191 8,940 10,132 11,391 50 1,985 2,180 2,485 136 1,927 2,393 1,656 2 179 205 228 279 5,751 6,044 6,379 177 3,541 3,654 3,480 320 3,872 3,851 4,033 1,052 57,627 61,899 64,685 251 11,104 12,291 13,260 36 16,621 15,959 16,239 115 11,085 11,425 10,775 522 9,966 10,401 9,999 111 2,872 2,828 3,218 8,671 18 6,685 10,811 2,660 68,076 69,260 73,071 1,042 20,739 25,398 26,879 3,238 133,479 145,123 161,450 3,471 25,962 22,465 24,590 2,046 44,986 48,452 52,673 17,801 18,780 558 19,788 8,062 109,752 114,314 118,638 270 18,408 19,396 20,497 36,535 39,214 1,851 34,083 2,564 41,964 43,511 45,498 12,514 227,362 232,997 230,981 1,836 25,990 26,308 26,412 896 16,264 16,047 16,053 9,782 185,108 188,627 190,532 4,357 43,228 46,528 47,605 5,424 141,880 142,099 142,926 972 158,762 130,025 270 5,018 3,481 562 974 1,126 9,536 10,166 6,989 135 456 135 762 741 2,523 148 101 893 258 836 3,177 1,023 476 6 70 25 7 113 299 134 711 314 7,997 9,160 4,379 836 (D) (D) 1,264 255 397 23 513 (D) 330 9,358 2,285 144 2,473 3,563 692 201 11,331 2,459 19,088 4,095 6,221 1,850 14,566 2,035 5,374 5,997 28,737 5,432 3,973 19,333 5,785 13,548 1,360 165,687 136,644 260 7,050 5,069 653 1,328 1,255 9,552 10,759 7,394 134 458 223 830 831 2,628 161 106 910 257 856 3,365 1,003 477 6 64 27 8 104 289 137 894 356 8,437 9,404 4,723 859 338 (L) 1,378 270 518 24 552 459 325 9,568 2,458 150 2,425 3,523 774 238 10,933 2,522 20,156 4,459 6,562 1,897 15,034 2,135 5,813 6,125 29,043 5,587 4,130 19,326 5,883 13,443 1,305 174,511 145,076 283 7,790 5,551 717 1,523 1,322 10,179 11,286 7,818 147 489 279 906 900 2,692 202 112 901 277 914 3,468 1,049 484 6 66 30 8 105 302 129 925 365 8,914 9,800 4,967 979 360 -2 1,518 289 365 28 603 481 345 9,667 2,658 159 2,159 3,442 941 309 11,402 2,702 21,514 5,487 7,080 2,033 15,791 2,209 6,204 6,445 29,435 5,616 4,082 19,736 6,069 13,668 165 139,360 119,286 57 151 (D) 47 (D) 1,075 6,529 16,155 11,991 (D) 148 264 2,045 1,483 1,104 1,166 (D) 4,400 156 910 4,164 385 135 43 56 (D) (D) 409 405 70 2,246 382 6,535 7,757 2,675 147 (D) 135 498 584 26 4 381 (D) 459 3,861 736 262 1,392 981 186 305 22,823 1,855 12,052 4,356 4,648 3,776 16,461 973 2,961 4,587 20,074 1,801 904 17,369 6,184 11,185 167 144,332 123,982 51 175 123 45 7 1,221 6,770 17,058 12,624 (D) 152 290 2,206 1,473 1,130 1,201 (D) 4,737 151 951 4,434 373 109 46 62 (D) (D) 394 402 127 2,475 399 6,795 8,021 2,783 147 (D) 143 561 621 27 4 390 (D) 450 3,753 767 266 1,272 971 194 283 23,581 2,213 12,628 4,568 4,916 3,854 16,731 1,004 3,160 4,702 20,350 1,793 877 17,680 6,383 11,297 152 148,419 128,095 56 189 137 46 5 1,165 7,146 17,342 12,993 (D) 156 321 2,351 1,474 1,124 1,268 (D) 4,803 162 995 4,348 386 112 48 66 (D) (D) 395 395 127 2,363 403 6,976 8,217 2,895 122 (D) 146 604 670 27 4 416 (D) 453 4,067 809 305 1,262 1,097 209 385 23,172 2,335 13,143 5,550 5,152 4,115 17,263 1,041 3,392 4,881 20,324 1,777 877 17,669 6,209 11,460 147 28,910 23,967 (D) (D) (D) (D) 0 282 1,529 1,998 850 14 37 46 99 40 326 73 (D) (D) 37 119 1,148 376 16 (D) 5 6 (D) 65 39 82 406 97 1,264 1,743 634 17 (D) (D) 189 58 (D) 1 86 (D) 108 944 61 8 523 226 111 14 3,818 844 2,897 1,174 938 314 3,550 336 777 876 4,943 515 468 3,960 2,213 1,747 175 30,035 25,242 (D) (D) 32 (D) (L) 277 1,605 1,922 844 (D) 36 56 104 42 318 76 19 (D) 37 103 1,078 355 20 (D) 5 5 (D) 62 41 89 334 110 1,324 1,828 681 17 (D) 2 212 60 (D) 1 100 65 107 988 67 9 568 213 116 15 4,078 838 3,305 1,195 1,016 316 3,744 370 801 897 4,793 525 466 3,802 2,114 1,688 199 30,839 25,896 (D) (D) 36 (D) (L) 269 1,556 1,973 831 16 32 58 107 46 292 78 9 40 37 118 1,142 381 25 (D) 5 6 (D) 63 41 109 342 118 1,326 1,844 744 13 (D) 2 236 65 (D) 2 115 68 121 915 70 9 488 206 121 21 4,171 820 3,692 1,130 1,037 340 3,898 357 838 927 4,943 536 469 3,937 2,186 1,751 0 78,432 44,962 (L) 4 4 (L) (L) 236 956 140 49 (D) 6 (D) 9 (L) 18 (D) (L) (L) (D) (D) 91 7 (D) 1 1 1 (L) (D) 30 (D) 38 (D) 562 735 390 12 216 (D) 16 69 (D) 15 6 (D) (D) 2,356 689 98 628 506 96 340 2,556 864 17,845 507 2,251 2,776 4,325 594 2,008 5,856 33,470 27,992 1,908 3,571 0 3,571 0 81,952 47,733 (L) 10 10 (L) (L) 257 1,111 148 52 (D) 13 (D) 7 1 13 (D) (L) (L) (D) (D) 96 3 (D) (D) 1 1 (L) (D) (D) (D) 50 (D) 585 766 418 14 235 (D) 16 73 (D) 15 8 (D) (D) 2,477 773 99 649 488 92 375 2,677 931 18,994 467 2,555 2,920 4,504 539 2,164 6,210 34,220 28,856 1,773 3,591 0 3,591 0 83,061 49,170 (L) 11 11 (L) (L) 238 1,235 131 46 (D) 8 (D) 8 (D) 11 (D) (L) (L) (D) 5 85 3 (D) (D) 1 1 (L) (D) 23 (L) 53 (D) 650 811 421 15 231 (D) 15 80 (D) 11 10 (D) 1 2,433 810 103 667 350 61 442 2,737 977 19,698 528 2,602 2,943 4,564 508 2,283 6,399 33,891 28,777 1,466 3,648 0 3,648 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 2010' 2011' 2012' 2010' 2011' 2012' 64 Regional Quarterly Report November 2013 Table 4. Personal Income by Major Source [Millions Florida Item Georgia Hawaii Idaho Line 2010r 2011' 2012' 2010r 2011' 2012' 1 2 3 725,436 18,846 38,493 761,303 19,082 39,896 792,255 19,318 41,012 333,633 9,715 34,343 356,836 9,812 36,366 371,488 9,920 37,449 56,827 1,364 41,654 60,095 1,378 43,606 62,330 1,392 44,767 50,385 1,571 32,076 52,954 1,584 33,436 55,022 1,596 34,481 4 5 6 7 8 9 10 11 438,536 50,726 27,610 23,116 1,907 389,717 187,163 148,556 449,708 46,826 22,561 24,266 2,059 404,940 204,109 152,254 469,206 48,878 23,211 25,666 2,143 422,472 213,616 156,167 248,620 27,139 14,326 12,814 -1,008 220,472 52,593 60,568 258,916 24,958 11,622 13,336 -1,037 232,921 60,965 62,951 270,338 25,861 11,976 13,885 -1,094 243,383 64,196 63,909 40,459 4,690 2,337 2,353 0 35,770 12,023 9,035 42,416 4,462 1,902 2,560 0 37,954 12,706 9,435 43,995 4,623 1,957 2,666 0 39,372 13,493 9,465 34,815 4,303 2,090 2,213 839 31,351 9,038 9,996 35,951 3,917 1,687 2,230 933 32,967 9,944 10,042 37,053 3,990 1,720 2,269 1,045 34,109 10,567 10,346 12 13 14 15 16 17 18 322,930 76,403 53,288 23,116 39,203 933 38,269 332,675 75,134 50,869 24,266 41,898 1,121 40,777 346,605 77,915 52,249 25,666 44,686 1,123 43,563 181,148 43,031 30,217 12,814 24,441 1,403 23,039 188,097 44,761 31,425 13,336 26,057 1,564 24,493 195,610 45,422 31,538 13,885 29,305 3,083 26,222 28,618 8,166 5,813 2,353 3,675 74 3,601 29,511 9,010 6,450 2,560 3,895 90 3,805 30,610 9,205 6,538 2,666 4,181 112 4,069 22,966 6,205 3,992 2,213 5,643 984 4,659 23,564 6,104 3,875 2,230 6,282 1,704 4,578 24,148 6,206 3,937 2,269 6,699 1,852 4,847 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 2,302 436,234 355,064 1,596 468 199 229 40 2,720 22,364 21,931 15,069 410 907 280 1,669 1,803 3,925 656 344 2,381 437 2,256 6,862 1,511 737 53 175 157 45 742 880 259 1,691 611 24,358 34,211 13,654 2,410 575 1,170 2,903 778 25 99 2,779 1,597 1,318 11,736 2,567 513 2,139 4,419 1,656 442 31,046 8,663 39,429 8,313 23,894 6,711 57,089 9,110 18,910 18,861 81,170 12,830 7,202 61,137 12,568 48,569 2,324 447,384 367,025 1,601 617 304 261 51 2,857 21,824 22,112 15,121 418 909 278 1,710 1,769 3,824 648 (D) (D) 462 2,169 6,990 1,557 734 55 191 150 44 731 905 263 1,741 621 25,383 35,361 14,646 2,673 667 1,201 3,226 852 24 106 3,048 1,564 1,284 12,214 2,661 561 2,303 4,500 1,721 469 31,512 9,374 41,741 8,927 24,284 7,075 58,347 9,463 20,335 19,353 80,359 12,990 7,177 60,192 12,387 47,805 2,092 467,115 387,049 1,762 693 341 278 74 2,867 23,072 23,041 15,763 429 956 292 1,864 1,901 3,824 688 (D) (D) 495 2,313 7,278 1,606 778 62 206 156 53 748 906 252 1,840 670 27,049 36,850 15,672 2,773 701 1,165 3,572 978 24 108 3,309 1,644 1,398 12,775 2,703 619 2,216 4,488 2,039 710 33,189 10,102 43,889 10,192 25,456 7,103 60,922 10,037 22,115 20,263 80,066 13,166 7,315 59,585 12,279 47,307 1,749 246,871 197,442 758 416 (D) 358 (D) 2,211 12,212 23,054 10,997 691 892 361 1,199 1,310 1,096 976 853 2,199 445 975 12,057 3,774 286 882 1,405 136 5 1,569 830 131 1,947 1,091 16,725 15,482 11,117 3,361 656 29 2,941 263 43 12 1,207 1,225 1,380 9,903 2,410 312 1,812 4,561 571 237 15,088 3,819 22,820 5,624 11,623 3,975 24,163 1,997 7,624 8,832 49,429 10,047 7,529 31,853 9,195 22,658 1,877 257,039 207,451 739 506 (D) 393 (D) 2,457 12,153 24,410 11,881 (D) 909 426 1,267 1,334 1,196 1,000 (D) 2,535 459 996 12,528 3,875 342 900 1,403 127 6 1,624 836 179 2,129 1,107 17,298 16,071 11,989 3,752 743 30 3,176 283 48 14 1,311 1,206 1,425 10,272 2,472 342 1,745 4,844 619 250 15,500 4,834 24,367 6,047 12,505 4,087 24,953 2,081 8,062 9,122 49,588 10,309 7,440 31,838 9,356 22,482 3,456 266,882 217,449 778 534 (D) 408 (D) 2,352 12,533 25,239 12,283 761 896 478 1,400 1,387 1,061 1,051 (D) (D) 469 1,076 12,956 4,213 361 944 1,399 159 6 1,586 828 178 2,161 1,121 18,080 16,382 12,595 3,747 (D) 30 3,401 327 49 13 1,414 (D) 1,526 10,978 2,771 393 1,787 5,034 664 328 16,348 5,137 26,083 6,730 13,048 4,264 26,142 2,115 8,610 9,504 49,432 10,059 7,262 32,111 9,499 22,612 268 40,191 26,737 50 36 (D) 31 (D) 425 2,870 726 252 12 56 (D) 22 4 11 2 (D) (D) 23 54 474 222 59 2 7 14 (D) 4 38 (D) 29 13 1,096 2,518 1,360 476 (L) 133 165 112 (L) 141 220 78 35 732 117 149 89 329 33 15 1,317 1,158 2,388 625 1,677 675 3,932 403 3,159 1,591 13,455 3,246 4,709 5,500 4,106 1,394 308 42,108 28,048 52 40 (D) 33 (D) 487 2,929 781 278 11 62 (D) 22 4 11 3 (D) (D) 23 54 503 224 60 (D) 7 18 (D) 4 39 (D) 33 14 1,151 2,613 1,491 528 0 144 178 123 (L) 164 242 78 33 670 108 88 87 336 32 19 1,319 1,254 2,509 681 1,841 692 4,062 404 3,434 1,638 14,060 3,439 4,857 5,763 4,307 1,456 259 43,737 29,395 57 40 (D) 32 (D) 505 3,091 790 256 11 57 (D) 23 (D) 10 3 (L) (D) 26 57 534 248 62 (D) 8 19 (D) 2 39 (D) 33 17 1,195 2,684 1,605 581 (L) 145 187 145 (L) 185 252 77 33 685 112 87 85 339 40 23 1,352 1,330 2,594 764 1,941 734 4,188 433 3,726 1,683 14,341 3,510 4,976 5,855 4,401 1,454 1,587 33,228 26,507 405 233 49 163 21 306 2,261 3,463 2,205 230 66 36 226 159 1,154 43 (D) (D) 60 104 1,258 781 29 3 7 11 5 115 51 2 189 66 1,636 2,743 1,065 47 (D) (L) 587 61 (D) 7 77 95 69 550 141 18 87 211 37 56 1,933 401 2,741 587 1,415 353 3,978 235 945 1,257 6,721 1,116 532 5,073 1,542 3,532 2,299 33,652 27,036 405 280 69 181 30 325 2,115 3,575 2,264 261 61 42 236 155 1,150 46 (D) (D) 60 109 1,311 800 31 (D) 7 13 3 124 50 (D) 205 66 1,717 2,811 1,140 50 (D) (L) 644 61 (D) 7 82 96 69 557 145 18 84 216 30 63 1,756 458 2,846 611 1,467 369 4,099 229 998 1,280 6,615 1,115 502 4,999 1,531 3,468 2,394 34,659 27,897 417 306 78 192 36 327 2,199 3,740 2,353 281 61 40 250 169 1,149 53 (D) (D) 64 119 1,387 846 32 (D) 8 17 3 114 50 (D) 225 74 1,796 2,930 1,221 55 (D) (D) 706 64 9 6 83 99 70 591 146 18 81 214 42 90 1,791 480 2,786 631 1,491 389 4,174 239 1,061 1,330 6,762 1,130 495 5,137 1,581 3,557 2010' 2011' 2012' 2010' 2011' 2012' Income by place of residence Personal income (lines 4 -11).......................................................................... Population (thousands)2................................................................................. Per capita personal income (dollars)3............................................................. Derivation of personal income Earnings by place of work (lines 12-18 or 19-89).......................................... Less: Contributions for government social insurance4.................................... Employee and self-employed contributions for government social insurance Employer contributions for government social insurance............................. Plus: Adjustment for residence5...................................................................... Equals: Net earnings by place of residence.................................................... Plus: Dividends, interest, and rent6................................................................. Plus: Personal current transfer receipts........................................................... Earnings by place of work Components of earnings: Wages and salaries..................................................................................... Supplements to wages and salaries............................................................ Employer contributions for employee pension and insurance fund.......... Employer contributions for government social insurance......................... Proprietors’ income7................................................................................... Farm........................................................................................................ Nonfarm................................................................................................... Earnings by industry Farm earnings................................................................................................. Nonfarm earnings............................................................................................ Private earnings.......................................................................................... Forestry, fishing, and related activities.................................................... Mining.............................. Oil and gas extraction... Mining, except oil and gas................................................................... Support activities for mining................................................................ Utilities..................................................................................................... Construction.................... Manufacturing.......................................................................................... Durable goods manufacturing............ Wood product manufacturing Nonmetallic mineral product manufacturing.................................... Primary metal manufacturing.......................................................... Fabricated metal product manufacturing......................................... Machinery manufacturing................................................................ Computer and electronic product manufacturing............................. Electrical equipment and appliance mfg.......................................... Motor vehicles, bodies and trailers, and parts manufacturing.......... Other transportation equipment manufacturing................................ Furniture and related product manufacturing................................... Miscellaneous manufacturing.......................................................... Nondurable goods manufacturing....................................................... Food manufacturing......................................................................... Beverage and tobacco product manufacturing................................. Textile mills...................................................................................... Textile product mills........................ Apparel manufacturing................... Leather and allied product manufacturing....................................... Paper manufacturing...................... Printing and related support activities............................................. Petroleum and coal products manufacturing.................................... Chemical manufacturing.................................................................. Plastics and rubber products manufacturing................................... Wholesale trade...................................................................................... Retail trade.......... Transportation and warehousing............................................................. Air transportation................................................................................. Rail transportation............................................................................... Water transportation............................................................................ Truck transportation............................................................................. Transit and ground passenger transportation....................................... Pipeline transportation........................................................................ Scenic and sightseeing transportation................................................ Support activities for transportation..................................................... Couriers and messengers....... Warehousing and storage ,, Information................................. Publishing industries, except Internet.................................................. Motion picture and sound recording industries.................................... Broadcasting, except Internet.............................................................. Telecommunications........................... ISPs, search portals, and data processing.......................................... Other information services8................................................................ Finance and insurance........................... Real estate and rental and leasing, , Professional, scientific, and technical services......................................... Management of companies and enterprises........................................... Administrative and waste management services....................................... Educational services.............................. Health care and social assistance.......... Arts, entertainment, and recreation Accommodation and food services Other services, except public administration........................................... Government and government enterprises... Federal, civilian........................................................................................ Military State and local......................................................................................... State Local See the footnotes at the end of the table. November 2013 S urvey of 65 C u r r e n t B u s in e s s and Earnings by Industry, 2010-20121—Continues of dollars] Illinois Indiana Iowa Kentucky Kansas Louisiana Line 2010r 2011r 2012r 2010r 2011r 2012r 2010r 2011r 2012r 2010' 201V 2012' 2010' 2011r 2012r 2010r 201V 2012r 540,223 12,840 42,072 567,197 12,860 44,106 590,094 12,875 45,832 223,158 6,490 34,386 236,815 6,516 36,342 249,198 6,537 38,119 119,080 3,050 39,038 130,131 3,064 42,470 135,063 3,074 43,935 110,885 2,859 38,787 120,783 2,870 42,079 124,137 2,886 43,015 143,211 4,347 32,947 150,850 4,367 34,545 156,131 4,380 35,643 169,117 4,544 37,217 176,690 4,575 38,623 184,340 4,602 40,057 1 2 3 400,946 41,765 21,734 20,031 -2,118 357,063 92,064 91,096 420,708 39,182 17,695 21,487 -2,472 379,054 101,383 86,760 436,822 40,960 18,159 22,800 -1,951 393,912 107,015 89,167 158,724 18,460 9,859 8,601 4,501 144,765 32,091 46,302 167,500 17,183 8,094 9,089 4,731 155,049 35,250 46,516 175,937 17,918 8,407 9,512 4,676 162,695 37,388 49,114 86,604 9,735 5,105 4,630 1,272 78,140 19,495 21,445 94,434 9,136 4,219 4,917 1,385 86,683 21,504 21,944 97,946 9,397 4,364 5,032 1,330 89,879 22,776 22,408 80,927 9,229 4,808 4,420 1,242 72,941 19,231 18,713 87,218 8,567 3,979 4,588 837 79,488 22,123 19,172 89,000 8,881 4,107 4,774 1,314 81,433 23,329 19,375 101,449 11,843 6,169 5,674 -2,037 87,569 20,863 34,779 106,043 10,982 5,117 5,865 -2,162 92,900 22,577 35,373 109,848 11,343 5,258 6,085 -2,108 96,397 23,859 35,875 121,106 11,746 6,414 5,331 -316 109,045 26,097 33,974 125,280 10,900 5,348 5,553 -299 114,081 28,198 34,410 130,731 11,217 5,485 5,732 -314 119,200 29,733 35,407 4 5 6 7 8 9 10 11 291,038 70,577 50,547 20,031 39,330 2,977 36,353 302,935 73,468 51,981 21,487 44,305 5,461 38,844 314,865 76,977 54,176 22,800 44,980 3,876 41,104 114,432 28,678 20,077 8,601 15,613 1,570 14,043 119,283 29,411 20,322 9,089 18,806 2,729 16,077 124,765 31,314 21,802 9,512 19,858 2,443 17,415 57,260 14,935 10,305 4,630 14,408 4,141 10,267 59,473 15,024 10,107 4,917 19,937 8,424 11,513 62,125 16,056 11,023 5,032 19,765 7,318 12,447 56,091 13,931 9,511 4,420 10,905 1,741 9,164 58,168 14,636 10,049 4,588 14,413 3,280 11,133 60,565 14,507 9,733 4,774 13,928 1,896 12,032 71,956 20,312 14,638 5,674 9,181 257 8,924 74,647 20,599 14,734 5,865 10,798 767 10,031 77,060 21,234 15,149 6,085 11,553 747 10,806 83,663 21,195 15,863 5,331 16,249 660 15,589 86,162 20,487 14,934 5,553 18,631 903 17,728 89,108 21,491 15,759 5,732 20,132 1,383 18,749 12 13 14 15 16 17 18 3,482 397,464 332,973 388 1,062 339 614 110 3,306 18,832 45,038 25,842 300 845 1,356 5,665 6,895 2,924 1,981 1,847 385 688 2,955 19,197 4,974 403 48 126 148 61 1,535 1,979 1,095 6,152 2,677 24,789 21,200 15,952 2,964 1,391 181 4,787 1,193 209 34 2,079 875 2,239 9,322 2,568 455 1,372 3,513 920 494 35,424 5,684 42,849 12,865 16,740 8,113 41,850 3,575 10,558 15,424 64,491 8,693 2,934 52,865 12,133 40,731 6,076 414,632 350,677 381 1,288 518 640 129 3,589 19,185 47,993 28,027 309 924 1,610 6,270 7,739 2,784 2,018 2,315 452 704 2,903 19,966 5,042 391 47 130 169 67 1,572 1,989 1,285 6,598 2,675 26,797 22,062 17,524 3,230 4,350 432,471 367,719 412 1,436 587 700 150 3,644 19,327 50,611 29,639 314 952 1,723 6,558 8,254 2,631 2,119 2,573 499 722 3,292 20,972 5,383 411 47 132 170 60 1,646 1,988 1,321 7,106 2,708 28,372 22,747 18,886 3,464 1,663 152 5,718 1,413 199 51 2,787 929 2,510 10,297 2,705 452 1,406 3,604 1,066 1,063 37,746 6,123 48,328 14,503 19,243 9,007 44,476 3,982 12,145 16,436 64,752 8,464 2,595 53,693 12,448 41,246 1,938 156,785 132,904 502 693 174 504 15 1,730 9,233 32,815 22,266 502 704 3,324 2,785 2,694 1,292 627 6,111 871 907 2,450 10,549 1,770 248 27 118 34 63 768 836 653 4,222 1,809 7,843 10,118 6,608 360 3,077 164,423 140,322 363 1,000 385 596 19 1,752 10,036 35,167 24,035 541 749 3,759 3,158 2,945 1,274 548 6,508 1,085 958 2,511 11,133 1,802 237 26 129 33 50 864 833 891 4,343 1,924 8,240 10,448 7,043 363 2,821 173,116 148,860 394 1,089 433 631 24 1,697 10,995 37,514 25,980 595 801 4,050 3,486 3,259 1,241 558 7,192 1,121 1,036 2,639 11,534 1,880 241 29 136 37 59 861 839 927 4,462 2,064 8,628 10,868 7,594 372 4,765 81,839 67,026 389 133 7 124 2 760 4,992 14,874 7,819 453 258 500 977 2,577 1,133 446 9,021 85,413 70,672 364 153 16 135 2 768 5,441 16,568 8,418 450 273 579 1,055 2,895 1,207 400 7,976 89,970 74,927 419 162 18 143 2 766 5,906 17,632 8,928 450 296 611 1,184 3,137 1,170 388 802 175 371 345 8,704 2,974 88 5 27 46 11 252 344 725 3,606 626 5,136 5,858 3,753 19 368 10 2,241 96 42 3 181 237 555 1,804 594 39 220 511 408 31 7,733 934 4,123 1,507 2,606 1,291 9,401 474 2,216 3,207 15,043 1,515 444 13,084 4,416 8,668 2,133 78,794 62,953 427 1,401 1,035 86 280 978 4,203 11,621 7,052 71 297 134 676 969 611 241 3,757 83,461 67,073 394 2,176 1,755 89 332 1,139 4,218 12,606 7,286 2,371 86,629 70,117 424 2,450 1,958 92 400 1,073 4,584 12,858 7,421 558 100,891 77,735 330 2,122 302 1,631 189 673 5,120 13,622 8,301 395 415 779 1,033 1,085 517 750 2,507 299 181 341 5,321 1,345 520 20 76 102 11 617 535 199 1,168 727 4,829 6,613 5,290 373 342 180 1,354 122 98 4 401 1,661 755 1,638 267 44 287 702 306 33 5,127 1,124 5,419 1,935 3,224 977 12,524 581 2,987 3,597 23,156 3,337 4,436 15,383 5,746 9,636 1,032 105,011 81,976 313 2,383 384 1,784 215 714 5,273 14,518 9,090 425 431 937 1,139 1,139 572 767 2,851 314 177 338 5,428 1,364 520 22 75 85 9 628 521 219 1,238 749 5,079 6,820 5,529 305 377 210 1,470 125 99 4 471 1,646 822 1,779 294 44 323 735 348 35 5,332 1,331 5,693 2,096 3,579 1,019 13,075 585 3,161 3,698 23,035 3,462 4,701 14,873 5,537 9,335 1,062 108,786 85,907 330 2,224 416 1,590 218 702 5,568 15,736 10,059 399 430 1,038 1,255 1,227 564 877 3,395 327 179 367 5,677 1,420 594 37 61 86 10 656 524 229 1,259 800 5,267 7,040 5,827 283 394 200 1,591 124 102 4 513 1,706 910 1,812 296 46 303 750 373 45 5,545 1,387 5,797 2,226 3,917 1,078 13,600 627 3,390 3,836 22,879 3,379 4,405 15,096 5,636 9,460 847 120,259 96,134 506 6,127 2,610 111 3,406 1,063 10,047 11,760 4,877 309 345 176 1,100 1,089 164 92 1,067 124,213 100,054 469 7,231 3,482 127 3,622 1,074 10,330 12,276 5,131 322 352 225 1,184 1,171 154 93 1,576 129,156 105,194 504 7,883 3,965 121 3,798 1,060 10,996 12,967 5,438 334 347 275 1,373 1,253 170 103 (D) (D) (D) (D) (D) (D) 43 234 6,883 809 158 18 27 14 5 603 148 1,775 3,087 239 5,119 7,739 6,009 247 303 1,064 1,411 166 464 22 1,659 258 414 1,623 221 238 276 771 90 27 4,592 2,430 8,003 1,953 4,286 1,629 13,222 1,212 3,987 4,826 24,126 2,922 2,498 18,706 6,811 11,896 45 243 7,145 812 155 18 27 13 6 612 150 1,795 3,315 241 5,338 7,904 6,073 238 328 1,011 1,465 193 519 24 1,631 256 408 1,582 211 233 283 710 116 28 4,716 3,094 8,382 2,026 4,265 1,662 13,315 1,196 4,200 4,922 24,160 2,925 2,502 18,733 6,642 12,091 49 267 7,528 862 160 21 33 16 6 632 155 1,879 3,520 244 5,667 8,244 6,359 251 343 986 1,582 223 459 29 1,800 270 416 1,698 234 277 284 734 127 41 4,714 3,138 8,926 2,166 4,502 1,752 13,838 1,201 4,458 5,122 23,961 2,912 2,426 18,623 6,535 12,088 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 (D) 172 5,280 1,295 228 39 2,490 (D) 2,306 9,878 2,686 474 1,460 3,708 985 567 36,405 5,909 45,840 13,431 17,953 8,503 42,933 3,740 11,311 15,952 63,955 8,656 2,666 52,633 12,287 40,345 (D) (D) 3,263 214 55 2 415 687 985 2,363 732 93 289 1,076 135 39 7,118 1,912 8,653 2,588 5,810 2,415 20,273 1,742 4,240 6,248 23,881 3,546 905 19,430 5,738 13,691 (D) (D) 3,550 226 59 2 468 692 976 2,361 750 88 289 1,054 139 41 7,381 2,149 9,346 2,831 6,374 2,508 20,700 1,738 4,495 6,390 24,101 3,524 853 19,724 5,977 13,747 (D) (D) 3,829 267 65 2 515 732 1,065 2,605 850 91 290 1,074 245 55 7,697 2,267 9,771 3,016 6,791 2,680 21,955 1,734 4,841 6,723 24,257 3,526 783 19,949 6,089 13,860 (D) (D) (D) (D) 335 300 7,055 2,848 78 5 24 47 9 245 342 276 2,622 559 4,500 5,441 3,281 18 325 12 1,916 80 38 2 150 230 510 1,783 548 37 232 575 371 19 7,648 838 3,514 1,159 2,346 1,183 8,801 501 1,912 2,971 14,812 1,517 513 12,782 4,238 8,544 344 303 8,150 2,840 83 5 24 46 11 249 333 720 3,248 590 4,786 5,634 3,481 20 349 13 2,060 87 40 2 171 229 509 1,817 564 37 228 546 420 23 7,444 894 3,783 1,300 2,449 1,200 8,993 521 2,026 3,049 14,741 1,519 481 12,742 4,259 8,483 (D) (D) 153 281 4,570 1,674 24 6 57 60 3 165 468 521 1,103 491 4,497 4,834 2,863 27 (D) (D) 1,153 108 169 9 203 (D) 375 2,381 423 40 160 1,616 114 28 4,385 911 5,016 1,424 3,097 698 8,859 328 2,042 2,987 15,841 2,317 2,822 10,702 2,859 7,843 (D) (D) 288 155 737 1,074 603 240 280 159 805 1,165 593 230 (D) (D) 3,107 145 287 5,320 1,723 40 5 60 55 3 173 451 880 1,411 520 4,606 5,013 3,183 27 561 3,094 142 296 5,438 1,716 50 4 66 59 5 173 437 867 1,528 534 4,805 5,138 3,383 26 609 (D) (D) 1,260 111 196 (D) 310 326 378 2,317 407 40 134 1,583 123 30 4,703 1,059 5,259 1,424 3,497 727 9,129 352 2,176 3,097 16,389 2,389 2,872 11,128 2,968 8,160 1,354 116 160 17 352 (D) 414 2,394 461 39 130 1,570 144 49 5,012 1,041 5,606 1,475 3,702 762 9,466 424 2,319 3,200 16,512 2,344 2,886 11,282 2,981 8,302 66 Regional Quarterly Report November 2013 Table 4. Personal Income by Major Source [Millions Maine Item Maryland Michigan Massachusetts Line 2010r 2011' 2012' 2010' 2011' 2012' 2010' 2011' 2012' 2010' 2011' 2012' Income by place of residence Personal income (lines 4-11).......................................................................... Population (thousands)2................................................................................. Per capita personal income (dollars)3............................................................. 1 2 3 49,360 1,328 37,180 51,653 1,329 38,880 53,283 1,329 40,087 289,653 5,788 50,044 306,001 5,840 52,401 316,682 5,885 53,816 337,932 6,563 51,488 358,218 6,607 54,218 372,026 6,646 55,976 346,818 9,878 35,111 365,753 9,877 37,032 378,443 9,883 38,291 4 5 6 7 8 9 10 11 32,992 3,831 2,084 1,747 1,019 30,180 8,088 11,092 33,663 3,511 1,716 1,795 1,102 31,254 8,758 11,641 34,675 3,602 1,756 1,846 1,133 32,207 9,249 11,828 194,726 21,744 11,059 10,686 27,183 200,164 51,326 38,162 203,555 20,219 8,959 11,260 26,939 210,276 56,442 39,284 209,800 20,790 9,162 11,628 27,396 216,407 59,759 40,517 257,400 26,880 13,702 13,178 -5,663 224,857 58,088 54,987 269,389 25,006 11,194 13,813 -6,306 238,077 64,766 55,375 279,478 25,792 11,546 14,246 -6,790 246,896 68,355 56,775 241,247 28,638 14,995 13,643 1,636 214,245 51,465 81,109 252,601 26,607 12,285 14,322 1,844 227,838 57,089 80,825 261,596 27,693 12,682 15,010 2,094 235,997 60,086 82,360 12 13 14 15 16 17 18 23,353 6,029 4,282 1,747 3,611 114 3,497 23,814 6,094 4,299 1,795 3,755 102 3,653 24,359 6,296 4,450 1,846 4,020 88 3,932 139,342 34,734 24,048 10,686 20,650 165 20,485 144,537 36,621 25,361 11,260 22,398 308 22,089 149,349 37,046 25,418 11,628 23,406 376 23,030 187,538 43,031 29,853 13,178 26,831 12 26,820 195,955 45,651 31,839 13,813 27,783 33 27,750 203,340 46,783 32,538 14,246 29,355 6 29,349 172,844 46,439 32,796 13,643 21,964 1,153 20,811 182,219 46,639 32,317 14,322 23,744 2,219 21,525 189,640 47,742 32,732 15,010 24,214 1,268 22,946 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 201 32,791 26,304 399 14 1 177 33,486 27,091 370 16 1 178 34,497 28,095 312 194,414 144,098 126 178 528 209,272 156,681 117 230 127 257,273 222,980 435 137 134 269,255 234,258 369 190 105 72 14 1,823 12,345 24,927 18,006 132 398 285 2,483 1,845 7,987 1,043 126 279,352 243,389 383 194 117 65 12 1,725 13,339 25,403 18,297 136 404 275 2,734 1,701 8,063 967 1,704 239,543 197,019 385 879 423 344 113 2,761 10,144 37,382 28,420 389 791 1,418 4,060 4,476 1,395 1,115 11,675 363 1,193 1,544 8,963 1,946 308 24 80 54 52 831 766 177 2,854 1,870 12,410 15,572 6,762 1,144 2,870 249,731 208,535 373 1,103 604 369 130 2,823 10,804 41,557 32,126 436 807 1,685 4,600 4,898 1,347 1,093 13,855 524 1,289 1,590 9,431 1,908 327 26 90 57 57 834 772 278 3,122 1,958 13,447 15,987 7,433 1,296 1,956 259,641 218,226 403 1,204 671 370 164 2,790 11,432 43,992 34,035 442 702 1,875 5,071 5,442 1,345 1,100 14,462 549 1,341 1,705 9,957 1,971 349 29 102 70 58 853 789 308 3,297 2,130 14,076 16,215 7,836 1,310 Derivation of personal income Earnings by place of work (lines 12-18 or 19-89).......................................... Less: Contributions for government social insurance4.................................... Employee and self-employed contributions for government social insurance Employer contributions for government social insurance............................. Plus: Adjustment for residence5...................................................................... Equals: Net earnings by place of residence.................................................... Plus: Dividends, interest, and rent6................................................................. Plus: Personal current transfer receipts........................................................... Earnings by place of work Components of earnings: Wages and salaries..................................................................................... Supplements to wages and salaries............................................................ Employer contributions for employee pension and insurance fund.......... Employer contributions for government social insurance......................... Proprietors’ income7................................................................................... Farm.......... Nonfarm Earnings by industry Farm earnings................................................................................................. Nonfarm earnings................................. Private earnings............................... Forestry, fishing, and related activities.................................................... Mining.......................................... Oil and gas extraction ..................................................................... Mining, except oil and gas................................................................... Support activities for mining................................................................ Utilities..................................................................................................... Construction...................... Manufacturing.................... Durable goods manufacturing............................................................. Wood product manufacturing.......................................................... Nonmetallic mineral product manufacturing..................................... Primary metal manufacturing........... Fabricated metal product manufacturing......................................... Machinery manufacturing................................................................ Computer and electronic product manufacturing............................. Electrical equipment and appliance mfg.......................................... Motor vehicles, bodies and trailers, and parts manufacturing.......... Other transportation equipment manufacturing................................ Furniture and related product manufacturing................................... Miscellaneous manufacturing.......................................................... Nondurable goods manufacturing.................... Food manufacturing..................................... Beverage and tobacco product manufacturing................................. Textile mills...................................................................................... Textile product mills..................................... Apparel manufacturing................................ Leather and allied product manufacturing....................................... Paper manufacturing....................................................................... Printing and related support activities............................................. Petroleum and coal products manufacturing.................................... Chemical manufacturing.................................................................. Plastics and rubber products manufacturing................................... Wholesale trade...................................................................................... Retail trade.............................................. Transportation and warehousing............................................................. Air transportation................................................................................. Rail transportation............................................................................... Water transportation............................................................................ Truck transportation............................................................................. Transit and ground passenger transportation....................................... Pipeline transportation........................................................................ Scenic and sightseeing transportation................................................. Support activities for transportation..................................................... Couriers and messengers................................................................... Warehousing and storage................................................................... Information.............................................................................................. Publishing industries, except Internet................................................... Motion picture and sound recording industries.................................... Broadcasting, except Internet.............................................................. Telecommunications............................................................................ ISPs, search portals, and data processing........................................... Other information services8................................................................ Finance and insurance............................. Real estate and rental and leasing........... Professional, scientific, and technical services......................................... Management of companies and enterprises Administrative and waste management services....................................... Educational services................................ Health care and social assistance............ Arts, entertainment, and recreation.......... Accommodation and food services.......... Other services, except public administration........................................... Government and government enterprises Federal, civilian......................................... Military...................................................... State and local.......................................... State.................................................... Local.................................................................................................... See the footnotes at the end of the table. (D) (D) 206 2,005 3,433 1,790 207 61 23 317 145 207 32 16 628 57 96 1,643 245 90 48 32 18 68 657 76 42 246 122 1,304 2,775 866 13 43 5 367 54 14 8 84 101 178 575 144 20 128 157 97 29 1,890 460 2,062 585 1,132 596 5,403 279 1,177 1,142 6,487 1,357 482 4,649 1,588 3,061 (D) (D) 195 2,109 3,486 1,835 218 64 24 311 155 220 29 15 634 62 103 1,652 261 92 49 33 17 73 659 75 50 231 112 1,353 2,814 884 12 45 5 390 55 12 9 76 99 182 526 152 18 132 162 35 29 1,947 583 2,175 622 1,212 619 5,489 284 1,232 1,174 6,395 1,375 440 4,579 1,504 3,075 2 15 (D) 89 435 203,121 150,951 113 209 (D) 94 (D) (D) (D) (D) (D) 198 2,247 3,543 1,845 233 63 1,577 13,249 9,941 5,800 104 223 237 588 518 2,694 155 1,701 13,843 9,925 5,661 1,771 14,344 9,842 5,562 1,677 11,590 24,277 17,402 123 372 288 2,346 1,541 7,901 999 (D) (D) (D) 326 163 178 28 (D) 648 67 96 1,698 256 113 55 35 25 82 653 76 47 244 113 1,425 2,857 924 11 47 4 414 59 11 10 77 104 188 521 153 18 83 200 40 27 1,981 620 2,281 690 1,241 664 5,673 308 1,302 1,213 6,402 1,378 421 4,603 1,486 3,117 (D) (D) 147 371 4,141 909 252 42 43 54 8 233 551 81 1,518 450 7,328 10,698 4,386 395 (D) 102 (D) (D) 234 235 573 509 2,580 153 (D) 684 161 339 4,264 907 274 45 43 63 9 227 518 86 1,633 459 7,704 11,133 4,676 440 241 173 600 524 2,516 155 (D) 629 174 369 4,280 898 244 30 45 66 10 203 517 100 1,688 479 7,875 11,437 4,909 437 (D) (D) (D) 135 1,041 577 135 1,108 615 128 1,217 659 (D) (D) (D) 16 681 642 636 7,429 788 174 3,988 1,816 515 149 10,656 3,498 26,235 2,442 7,352 3,840 21,294 1,695 4,973 7,201 50,316 21,264 3,585 25,467 7,462 18,005 19 717 690 666 7,481 917 182 4,001 1,745 482 154 10,943 3,872 28,111 2,774 7,771 4,103 22,095 1,758 5,312 7,427 52,169 22,997 3,786 25,386 7,479 17,907 23 738 700 708 7,102 1,020 187 3,501 1,601 521 272 11,771 4,059 29,491 3,044 8,149 4,321 22,908 1,887 5,684 7,740 52,591 22,872 4,101 25,618 7,635 17,983 (D) 73 (D) (D) (D) (D) (D) (D) 264 1,928 6,875 1,340 220 228 105 91 139 719 827 115 2,235 856 12,247 12,583 4,688 479 329 82 1,095 932 106 46 463 591 566 9,610 5,143 232 537 2,042 796 860 28,241 3,731 35,772 7,197 8,420 10,062 34,924 2,752 6,801 7,836 34,293 5,000 1,013 28,279 9,458 18,822 272 1,916 6,921 1,350 236 236 105 93 150 706 863 119 2,198 865 12,862 12,975 5,009 525 366 84 1,138 1,020 122 50 515 604 585 10,061 5,378 244 520 2,104 881 934 28,327 4,313 38,602 8,483 9,113 10,507 36,095 2,862 7,314 8,082 34,998 5,016 995 28,987 9,740 19,246 289 2,067 7,105 1,405 261 247 101 85 149 716 837 119 2,313 874 12,860 13,233 5,266 539 379 68 1,221 1,110 84 51 588 629 597 10,705 5,615 278 511 2,048 991 1,263 28,576 4,614 41,183 8,641 9,470 11,023 37,537 2,977 7,830 8,432 35,962 4,953 950 30,059 10,119 19,940 (D) (D) 44 2,608 262 343 15 678 55 2,925 291 379 16 732 (D) 60 3,190 326 284 18 759 (D) (D) (D) 741 4,362 1,603 227 486 1,624 275 149 12,409 2,770 22,349 6,080 10,822 2,925 31,737 2,039 6,379 8,851 42,524 5,156 916 36,452 12,274 24,178 775 4,531 1,672 286 490 1,598 320 166 11,393 3,045 24,214 6,846 11,814 2,920 32,411 1,901 6,850 9,085 41,196 5,262 855 35,078 11,922 23,156 899 4,696 1,786 237 490 1,622 347 213 11,923 3,076 25,737 7,134 12,484 3,106 33,372 1,943 7,318 9,488 41,415 5,261 771 35,383 12,567 22,816 November 2013 S urvey of 67 C u r r e n t B u s in e s s and Earnings by Industry, 2010-20121—Continues of dollars] Minnesota Mississippi Missouri Montana Nebraska Nevada Line 2010r 2011r 2012' 2012' 2010r 2011' 2012' 226,320 5,311 42,616 241,352 5,347 45,135 252,413 5,379 46,925 91,588 2,969 30,847 95,854 2,977 32,193 100,465 2,985 33,657 219,484 5,996 36,605 228,270 6,009 37,988 235,661 6,022 39,133 34,269 991 34,589 36,630 998 36,716 38,753 1,005 38,555 73,069 1,830 39,935 80,420 1,842 43,654 83,521 1,856 45,012 171,604 19,602 10,152 9,450 -1,131 150,872 37,425 38,023 181,384 18,362 8,297 10,065 -1,253 161,769 41,032 38,551 189,917 19,096 8,562 10,534 -1,201 169,621 43,487 39,306 59,155 6,890 3,814 3,076 2,584 54,849 12,959 23,780 60,850 6,475 3,160 3,315 2,859 57,234 14,144 24,477 64,524 6,680 3,238 3,441 3,124 60,968 14,805 24,692 161,259 17,732 9,418 8,315 -4,910 138,616 36,155 44,713 165,207 16,315 7,692 8,623 -4,448 144,444 38,206 45,619 170,708 16,786 7,887 8,899 -5,379 148,542 40,247 46,871 22,886 2,938 1,481 1,457 36 19,984 7,393 6,891 24,327 2,782 1,236 1,546 46 21,590 8,193 6,847 25,725 2,888 1,281 1,607 56 22,894 8,714 7,145 55,645 6,259 3,251 3,008 -1,049 48,337 13,182 11,550 61,148 5,775 2,666 3,109 -1,113 54,259 14,350 11,811 124,255 29,372 19,921 9,450 17,977 3,405 14,573 129,193 31,556 21,490 10,065 20,635 4,342 16,294 135,435 30,644 20,110 10,534 23,838 6,433 17,405 41,166 10,289 7,213 3,076 7,700 940 6,760 42,066 10,362 7,047 3,315 8,422 852 7,570 43,550 11,355 7,914 3,441 9,619 1,508 8,111 114,013 29,529 21,214 8,315 17,717 1,241 16,476 116,837 28,790 20,167 8,623 19,580 2,033 17,547 121,638 29,635 20,735 8,899 19,434 875 18,560 15,516 4,230 2,772 1,457 3,141 357 2,784 16,190 4,538 2,992 1,546 3,598 538 3,061 17,038 4,616 3,009 1,607 4,071 757 3,314 37,505 9,240 6,232 3,008 8,900 2,868 6,032 4,031 167,574 142,559 448 602 (D) 564 (D) 1,610 7,647 21,866 14,266 604 494 353 2,399 2,145 4,450 627 299 322 424 2,149 7,600 2,374 193 13 82 29 61 837 1,352 433 1,457 769 10,880 9,303 5,056 1,136 413 40 1,736 436 41 4 397 511 343 4,740 1,828 115 860 1,105 702 131 14,226 2,629 13,162 9,263 5,143 2,587 21,881 1,819 3,933 5,767 25,015 2,993 846 21,176 5,908 15,267 4,834 176,550 151,744 425 814 (D) 744 (D) 1,742 8,345 23,781 15,133 643 531 434 2,587 2,291 4,610 682 (D) (D) 461 2,130 8,647 2,442 213 15 89 28 69 875 1,440 733 1,898 846 11,584 9,760 5,562 1,186 (D) 36 1,956 471 44 4 460 (D) 402 5,143 1,974 123 951 1,148 797 150 15,145 2,847 14,282 9,472 5,663 2,687 22,367 1,880 4,241 6,005 24,805 3,026 787 20,992 5,776 15,216 7,143 182,774 157,608 457 901 (D) 832 (D) 1,660 8,954 24,416 15,553 646 563 471 2,755 2,463 4,638 702 (D) (D) 520 2,085 8,862 2,510 208 15 96 31 67 853 1,434 760 1,972 916 12,164 9,903 5,824 1,118 497 25 2,137 498 48 4 522 527 447 4,990 1,889 120 863 1,172 725 221 16,066 3,244 14,915 9,780 5,831 2,753 23,163 1,928 4,470 6,188 25,167 3,003 751 21,413 5,910 15,503 1,145 58,010 43,662 495 911 574 56 282 751 3,886 7,468 4,888 420 162 196 454 563 135 372 (D) (D) 728 159 2,580 858 (D) 67 33 54 (D) 311 90 350 475 308 2,138 4,449 2,321 17 (D) 76 1,137 59 87 3 254 (D) 390 697 123 20 112 411 27 5 2,423 646 2,598 833 1,829 631 6,589 345 2,353 2,300 14,348 2,281 1,764 10,303 3,404 6,900 1,032 59,817 45,427 471 1,264 867 66 330 754 3,948 7,684 5,079 (D) 170 226 473 608 136 403 (D) 1,119 751 145 2,605 834 (D) 63 40 52 (D) 322 73 366 510 310 2,232 4,585 2,474 17 (D) 84 1,237 63 98 2 267 (D) 386 706 129 17 109 413 34 5 2,387 832 2,688 915 1,917 657 6,759 312 2,480 2,362 14,390 2,323 1,708 10,360 3,433 6,927 1,719 62,804 48,261 508 1,422 975 74 374 776 4,224 8,248 5,523 449 167 260 561 680 154 447 (D) (D) 805 157 2,725 868 (D) 61 43 56 (D) 337 71 378 550 331 2,353 4,792 2,658 15 161 88 1,326 69 104 2 291 184 418 801 149 19 120 431 74 8 2,490 877 2,778 981 2,123 726 7,095 308 2,600 2,501 14,543 2,321 1,664 10,557 3,516 7,041 1,524 159,735 131,082 334 396 34 345 17 1,468 9,121 16,746 9,600 295 447 404 1,751 1,572 397 713 (D) (D) 400 602 7,146 2,397 444 30 85 80 41 509 688 159 1,864 850 8,722 10,507 5,732 367 (D) 58 2,656 285 32 12 546 (D) 631 6,019 887 98 1,832 1,820 1,306 76 10,084 2,160 12,267 6,755 5,840 2,551 19,382 2,070 4,770 6,161 28,653 5,441 2,185 21,027 5,689 15,338 2,322 162,886 134,551 298 505 65 418 22 1,476 9,076 17,304 9,968 308 461 494 1,797 1,604 388 763 (D) (D) 297 591 7,336 2,249 475 27 88 73 48 505 681 257 2,096 837 8,970 10,655 5,958 325 (D) 44 2,812 304 33 12 577 (D) 619 5,966 881 92 1,766 1,778 1,372 76 10,322 2,265 12,889 6,892 6,228 2,621 19,758 2,125 4,908 6,336 28,335 5,400 2,151 20,784 5,620 15,164 1,257 169,451 141,084 320 534 71 437 25 1,422 9,600 18,224 10,265 329 470 532 1,881 1,671 462 788 (D) (D) 305 575 7,959 2,581 524 23 82 77 55 491 699 259 2,304 863 9,401 10,982 6,330 335 817 41 3,057 326 33 11 618 469 623 6,042 889 96 1,571 1,909 1,443 132 11,206 2,372 13,899 6,950 6,376 2,850 20,691 2,178 5,129 6,581 28,366 5,327 2,087 20,952 5,599 15,352 554 22,332 17,119 189 766 176 421 169 360 1,678 959 494 128 40 5 76 71 21 12 16 10 26 89 465 110 34 (D) 6 (D) 3 22 37 162 71 14 973 1,886 903 24 254 (L) 355 39 55 (D) 76 89 (D) 406 80 17 56 196 52 6 1,114 304 1,403 124 679 150 3,145 281 897 904 5,212 1,187 428 3,598 1,364 2,234 733 23,594 18,270 182 1,059 307 520 232 393 1,749 995 522 133 42 7 87 71 27 11 17 13 27 86 473 109 37 (D) 6 (D) 3 (D) 40 172 81 15 1,034 1,968 1,029 27 288 (L) 426 41 62 (D) 80 93 (D) 410 86 18 58 205 35 7 1,071 372 1,504 150 740 165 3,247 292 970 940 5,324 1,200 424 3,700 1,410 2,290 935 24,791 19,397 202 1,235 355 572 308 384 1,852 1,054 590 137 77 7 113 74 25 11 13 14 29 90 464 112 40 1 6 (D) 3 (D) 42 181 54 16 1,114 2,033 1,107 26 (D) (L) 486 45 53 (D) 89 97 11 408 83 19 58 199 35 14 1,087 397 1,665 172 787 168 3,407 291 1,047 988 5,394 1,193 430 3,771 1,452 2,319 3,356 52,289 42,228 211 99 34 55 9 506 3,444 5,587 2,451 66 128 82 378 558 281 99 (D) (D) 105 323 3,136 1,759 61 8 16 5 5 99 188 78 663 254 2,698 3,354 3,671 30 1,260 (L) 1,483 62 327 (L) 176 155 177 1,165 230 19 248 234 389 45 3,978 527 3,484 1,646 1,564 699 5,985 294 1,209 2,108 10,061 1,420 847 7,794 2,162 5,633 2010' 2011r 2010' 2011' 2012r 2010 r 2011r 2012r 99,206 2,704 36,692 101,717 2,720 37,396 105,450 2,759 38,221 1 2 3 63,179 5,900 2,744 3,156 -1,152 56,127 15,209 12,185 71,038 7,322 3,832 3,490 -382 63,334 19,431 16,441 71,446 6,865 3,101 3,765 -335 64,246 20,855 16,616 74,003 7,196 3,190 4,005 -315 66,492 21,919 17,039 4 5 6 7 8 9 10 11 38,855 9,516 6,407 3,109 12,776 5,652 7,124 40,550 10,343 7,187 3,156 12,286 4,780 7,506 50,404 13,372 9,882 3,490 7,262 54 7,208 51,612 12,743 8,979 3,765 7,091 115 6,977 53,074 13,388 9,383 4,005 7,541 117 7,425 12 13 14 15 16 17 18 6,197 54,951 44,710 217 150 62 75 13 626 3,608 6,245 2,617 67 133 95 408 630 292 104 (D) (D) 112 317 3,628 1,737 56 8 14 5 19 103 181 313 926 266 2,847 3,434 4,086 31 1,388 (L) 1,594 63 479 (L) 197 155 179 1,236 259 19 236 240 437 45 4,078 578 3,649 1,623 1,688 710 6,199 306 1,277 2,152 10,241 1,457 841 7,943 2,173 5,770 5,243 57,936 47,520 244 174 70 85 18 676 3,942 6,623 2,760 78 148 105 467 687 276 103 (D) (D) 85 332 3,863 1,828 56 7 18 6 19 102 183 312 1,034 297 3,060 3,611 4,144 31 1,458 (L) 1,699 66 309 1 215 162 204 1,294 287 21 232 238 453 62 4,293 599 3,932 1,816 1,857 752 6,549 328 1,387 2,241 10,416 1,482 837 8,098 2,219 5,879 131 70,907 57,525 37 1,307 50 1,108 149 571 5,138 2,605 1,838 (D) 168 85 249 99 206 49 (D) 60 72 773 767 219 14 (D) 19 2 (D) 49 160 21 131 144 2,540 4,873 2,911 509 65 (D) 505 832 (D) 54 289 213 417 968 196 88 174 398 51 62 3,540 1,252 4,991 2,247 2,904 457 6,274 1,355 11,218 2,335 13,382 1,597 1,141 10,645 2,747 7,898 190 71,257 58,044 36 1,547 79 1,266 202 563 4,483 2,602 1,810 (D) 154 106 255 99 172 49 (D) 56 67 778 791 211 15 (D) 19 2 (D) 52 155 23 153 151 2,586 4,975 3,082 532 68 (D) 527 915 (D) 60 320 206 423 969 212 90 167 380 58 63 2,769 1,282 5,174 2,314 3,085 455 6,337 1,501 11,866 2,418 13,213 1,609 1,219 10,386 2,668 7,718 185 73,818 60,714 40 1,725 88 1,397 239 537 4,526 2,754 1,909 (D) 162 124 273 111 146 51 (D) 52 74 837 845 239 17 (D) 22 1 (D) 56 163 25 159 154 2,712 5,223 3,254 538 (0) (D) 565 955 19 69 336 221 474 1,099 224 103 158 383 112 119 2,912 1,306 5,401 2,636 3,213 469 6,641 1,476 12,242 2,550 13,104 1,672 1,260 10,172 2,555 7,617 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 2011r 2012r 2010 r 68 Regional Quarterly Report November 2013 Table 4. Personal Income by Major Source [Millions New Hampshire Item New Jersey New Mexico New York Line 2010r 2011r 2012r 2010r 2011r 2012r 2010' 2011r 2012r 2010r 201V 2012r Income by place of residence Personal income (lines 4 -11).......................................................................... Population (thousands)2................................................................................. Per capita personal income (dollars)3............................................................. 1 2 3 59,195 1,317 44,952 62,651 1,318 47,542 64,885 1,321 49,129 449,060 8,803 51,010 471,188 8,835 53,333 487,437 8,865 54,987 68,489 2,065 33,170 72,300 2,079 34,782 74,416 2,086 35,682 960,827 1,012,406 1,041,931 19,502 19,570 19,399 49,529 51,914 53,241 4 5 6 7 8 9 10 11 41,051 4,560 2,449 2,110 4,483 40,974 9,351 8,869 42,212 4,222 1,995 2,226 5,005 42,996 10,794 8,862 43,258 4,329 2,036 2,293 5,442 44,372 11,326 9,187 304,492 34,236 17,936 16,300 35,464 305,720 74,267 69,073 312,442 31,557 14,556 17,002 39,584 320,469 81,582 69,137 323,855 32,424 14,848 17,575 40,064 331,495 86,057 69,884 46,883 5,454 2,873 2,582 340 41,769 11,079 15,642 48,746 5,055 2,353 2,702 372 44,063 12,328 15,909 50,152 5,184 2,414 2,770 398 45,366 13,073 15,977 740,160 74,589 38,111 36,478 -43,064 622,507 159,320 179,000 768,072 68,731 30,870 37,862 -46,708 652,633 178,301 181,472 789,631 70,436 31,575 38,861 -47,613 671,582 186,868 183,480 12 13 14 15 16 17 18 28,491 7,553 5,442 2,110 5,007 -5 5,012 29,514 7,518 5,292 2,226 5,180 -4 5,184 30,495 7,242 4,950 2,293 5,520 -17 5,538 217,268 51,696 35,396 16,300 35,528 125 35,403 221,819 52,774 35,772 17,002 37,850 186 37,664 228,318 55,054 37,479 17,575 40,483 153 40,330 33,541 8,721 6,139 2,582 4,621 761 3,860 34,277 9,141 6,438 2,702 5,328 1,024 4,304 35,069 9,409 6,639 2,770 5,674 1,034 4,640 518,398 132,898 96,421 36,478 88,864 617 88,246 538,480 135,833 97,971 37,862 93,760 1,074 92,686 552,786 139,247 100,387 38,861 97,598 740 96,858 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 29 41,021 34,739 116 42 7 26 42,186 36,297 97 48 18 43,240 37,331 107 52 14 31 7 365 2,757 5,232 4,112 85 130 184 775 624 1,453 321 360 304,132 251,649 154 235 107 116 12 2,338 14,402 25,708 9,882 118 661 361 1,488 1,245 2,726 554 389 312,053 260,671 150 380 240 123 17 2,438 14,932 25,916 10,155 118 689 406 1,547 1,196 2,707 566 397 323,458 271,764 167 417 268 131 18 2,495 15,581 25,871 10,264 121 782 457 1,607 1,202 2,612 605 1,019 45,864 32,460 114 2,020 978 353 688 473 2,861 2,034 1,422 34 104 22 134 80 744 34 1,277 47,470 33,868 112 2,472 1,143 414 914 479 2,836 2,130 1,476 34 99 22 140 72 805 34 1,264 48,888 35,283 122 2,842 1,265 468 1,109 478 2,880 2,230 1,512 35 97 24 160 81 801 31 1,190 738,970 604,763 373 832 502 284 47 5,669 29,766 35,995 21,614 361 993 745 3,073 3,606 6,562 1,103 1,033 887 677 2,572 14,381 2,650 1,027 260 226 1,398 92 1,358 1,445 271 4,431 1,223 29,932 35,480 15,371 2,531 510 471 2,513 4,562 38 106 1,751 1,868 1,022 35,275 7,646 5,287 12,650 5,375 1,566 2,751 126,467 14,299 78,313 22,065 23,495 18,635 81,209 11,215 18,189 22,184 134,207 12,220 3,585 118,402 23,746 94,656 1,577 766,495 632,698 338 1,158 786 322 51 5,843 30,832 36,215 22,099 377 1,015 828 3,232 3,820 6,529 1,082 1,069 894 704 2,548 14,116 2,640 906 259 226 1,322 102 1,391 1,444 381 4,171 1,273 31,923 37,263 16,174 2,739 563 422 2,706 4,865 39 126 1,882 1,846 987 36,902 8,255 5,810 12,478 5,499 1,679 3,181 128,902 18,475 84,952 22,227 24,284 19,337 82,812 11,807 20,099 23,155 133,797 12,068 3,581 118,148 23,237 94,910 1,332 788,299 655,243 350 1,238 841 336 61 5,786 32,346 37,095 22,643 410 1,039 867 3,485 3,762 6,695 1,134 917 897 739 2,698 14,452 2,853 883 261 239 1,292 108 1,409 1,435 386 4,287 1,298 34,109 38,685 17,344 2,795 594 365 2,932 5,546 39 146 1,972 1,919 1,036 38,792 9,077 6,181 11,969 5,538 1,769 4,257 127,038 20,018 89,692 22,214 25,880 20,564 85,323 12,606 21,829 24,335 133,056 12,036 3,474 117,547 22,333 95,214 Derivation of personal income Earnings by place of work (lines 12-18 or 19-89).......................................... Less: Contributions for government social insurance4.................................... Employee and self-employed contributions for government social insurance Employer contributions for government social insurance............................. Plus: Adjustment for residence5...................................................................... Equals: Net earnings by place of residence.................................................... Plus: Dividends, interest, and rent6................................................................. Plus: Personal current transfer receipts........................................................... Earnings by place of work Components of earnings: Wages and salaries..................................................................................... Supplements to wages and salaries............................................................ Employer contributions for employee Dension and insurance fund.......... Employer contributions for government social insurance......................... Proprietors' income7................................................................................... Farm.......... Nonfarm..... Earnings by industry Farm earnings................................................................................................. Nonfarm earnings............................................................................................ Private earnings.......................................................................................... Forestry, fishing, and related activities.................................................... Mining...................................................................................................... Oil and gas extraction.......................................................................... Mining, except oil and gas................................................................... Support activities for mining................................................................ Utilities..................................................................................................... Construction..................... Manufacturing................... Durable goods manufacturing............................................................. Wood product manufacturing.......................................................... Nonmetallic mineral product manufacturing.................................... Primary metal manufacturing.......................................................... Fabricated metal product manufacturing......................................... Machinery manufacturing................................................................ Computer and electronic product manufacturing............................. Electrical equipment and appliance mfg.......................................... Motor vehicles, bodies and trailers, and parts manufacturing.......... Other transportation equipment manufacturing................................ Furniture and related product manufacturing................................... Miscellaneous manufacturing.......................................................... Nondurable goods manufacturing....................................................... Food manufacturing......................................................................... Beverage and tobacco product manufacturing................................. Textile mills...................................................................................... Textile product mills.............. Apparel manufacturing......... Leather and allied product manufacturing....................................... Paper manufacturing............ Printing and related support activities............................................. Petroleum and coal products manufacturing................................... Chemical manufacturing.................................................................. Plastics and rubber products manufacturing................................... Wholesale trade...................................................................................... Retail trade.............................................................................................. Transportation and warehousing............................................................. Air transportation................................................................................. Rail transportation Water transportation Truck transportation Transit and ground passenger transportation...................................... Pipeline transportation........................ Scenic and sightseeing transportation................................................ Support activities for transportation..................................................... Couriers and messengers................................................................... Warehousing and storage Information....................... Publishing industries, except Internet.................................................. Motion picture and sound recording industries.................................... Broadcasting, except Internet.............................................................. Telecommunications..... ISPs, search portals, ana aata processing.......................................... Other information services8................................................................ Finance and insurance Real estate and rental and leasing Professional, scientific, and technical services......................................... Management of companies and enterprises........................................... Administrative and waste management services....................................... Educational services............................................................................... Health care and social assistance........................................................... Arts, entertainment, and recreation................................................................ Accommodation and food services................................................................ Other services, except public administration................................................ Government and government enterprises................................................... Federal, civilian............................ Military......................................... State and local............................. State.................................................................................................... Local.................................................................................................... See the footnotes at the end of the table. (D) (D) (D) 28 (D) 365 2,458 5,216 4,165 87 124 167 687 667 1,606 316 23 113 47 329 1,051 135 56 92 11 23 8 88 129 24 159 325 2,364 3,609 668 37 12 1 221 101 389 2,600 5,358 4,279 86 133 184 733 643 1,607 306 26 120 48 392 1,079 140 57 101 10 24 8 82 135 25 177 320 2,522 3,739 714 39 14 (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) 10 54 (D) 115 1,145 538 24 146 333 69 34 2,869 619 3,277 811 1,542 1,122 5,357 326 1,243 1,591 6,282 751 192 5,339 1,670 3,670 11 65 (D) 113 1,162 517 27 152 353 78 36 2,988 770 3,518 827 1,646 1,137 5,501 338 1,311 1,631 5,890 756 183 4,951 1,527 3,424 11 74 (D) 117 1,247 540 28 134 346 154 46 3,080 761 3,673 947 1,774 1,192 5,544 338 1,376 1,687 5,909 764 174 4,972 1,514 3,458 315 2,257 15,761 1,944 179 94 164 289 38 1,084 1,175 802 9,038 954 21,539 19,334 11,043 1,532 217 177 2,959 1,369 45 23 1,984 1,191 1,546 10,150 2,330 356 1,852 3,967 1,045 601 26,760 5,051 36,396 12,310 13,369 4,644 35,028 2,684 8,232 10,314 51,382 5,683 1,283 44,416 13,044 31,372 321 2,184 15,608 2,049 156 92 160 287 45 1,102 1,169 819 8,779 950 22,575 19,790 11,637 1,568 236 120 3,220 1,481 40 24 2,131 1,246 1,570 11,009 2,595 371 1,684 4,359 1,234 766 26,885 5,455 38,406 13,490 14,164 4,864 36,602 2,883 8,716 10,755 51,695 5,376 1,254 45,065 13,155 31,910 38 117 612 238 22 3 4 3 3 38 35 83 148 37 1,383 3,131 1,168 77 (D) 1 501 96 20 (D) 137 116 60 797 123 146 80 413 21 14 1,527 615 4,957 385 1,784 431 5,266 274 1,600 1,639 13,405 3,054 1,194 9,157 3,630 5,526 35 118 718 261 25 3 4 3 2 40 36 112 187 44 1,411 3,360 1,466 70 (D) 305 2,136 15,827 1,958 181 103 154 328 37 1,052 1,155 674 9,218 967 20,599 18,573 10,581 1,389 198 229 2,734 1,317 35 20 1,889 1,187 1,583 9,947 2,191 359 1,718 4,060 1,043 575 27,171 4,783 34,243 11,263 12,349 4,506 34,188 2,621 7,997 9,991 52,483 5,954 1,307 45,222 13,015 32,207 37 110 654 239 23 3 3 3 2 40 34 91 176 40 1,353 3,250 1,328 78 238 108 54 333 1,120 143 62 115 11 24 8 87 137 27 187 318 2,628 3,823 746 36 15 -1 254 112 (L) (D) (D) (D) (D) 590 97 22 5 172 115 64 818 131 137 83 429 22 15 1,568 698 5,035 400 1,909 435 5,439 277 1,670 1,658 13,602 3,157 1,284 9,160 3,587 5,574 680 101 28 6 192 118 76 874 142 187 83 418 26 18 1,618 706 5,066 416 1,903 457 5,657 292 1,760 1,744 13,605 3,088 1,317 9,201 3,607 5,594 November 2013 Survey of 69 C u r r e n t B u sin e s s and Earnings by Industry, 2010-20121—Continues of dollars] North Carolina North Dakota Ohio Oregon Oklahoma Pennsylvania Line 2010r 2011' 2012' 338,987 9,559 35,462 352,455 9,651 36,520 369,704 9,752 37,910 29,154 674 43,232 32,332 685 47,218 245,203 27,856 14,602 13,255 -1,330 216,017 53,692 69,279 248,656 25,878 11,811 14,068 -1,387 221,391 59,860 71,204 260,943 26,850 12,152 14,698 -1,464 232,629 63,438 73,637 22,663 2,497 1,291 1,206 -857 19,309 5,425 4,420 173,650 44,364 31,110 13,255 27,188 2,129 25,059 180,414 42,965 28,897 14,068 25,277 1,825 23,452 187,728 45,637 30,939 14,698 27,578 2,887 24,690 2,546 242,656 188,977 721 196 18 169 10 1,514 12,576 29,899 15,973 755 767 467 1,882 1,941 4,124 1,691 1,258 595 1,449 1,043 13,926 2,303 1,321 1,381 293 542 20 1,140 653 101 4,434 1,739 12,281 15,507 6,345 827 2,343 246,314 193,376 694 230 36 177 17 1,580 12,710 30,631 16,556 765 796 529 1,916 2,087 4,057 1,732 1,438 672 1,479 1,085 14,075 2,228 1,255 1,313 297 528 22 1,163 643 99 4,742 1,786 12,994 15,726 6,755 899 3,403 257,540 204,033 752 241 41 177 23 1,611 13,424 31,558 17,540 805 860 575 2,114 2,224 4,168 1,772 1,566 719 1,558 1,178 14,018 2,299 1,152 1,336 316 322 19 1,197 602 105 4,797 1,872 13,751 16,544 7,156 908 (D) 119 2,555 308 27 12 682 2010' (D) (D) 114 2,742 325 28 12 788 95 2,900 359 28 14 837 (D) (D) (D) 859 5,659 1,411 148 782 2,089 1,041 187 19,675 2,960 17,014 7,823 9,416 3,859 25,521 2,690 6,889 8,432 53,679 5,950 11,291 36,438 12,344 24,094 891 5,870 1,504 142 730 2,183 1,136 174 17,188 3,605 18,204 8,404 10,333 3,973 25,750 2,809 7,229 8,693 52,937 6,206 11,345 35,386 12,022 23,364 1,017 6,315 1,672 151 777 2,181 1,261 274 17,432 3,973 19,587 9,148 11,357 4,145 27,022 2,968 7,847 9,201 53,508 6,268 11,302 35,938 12,160 23,778 2012' 2010' 2011' 2012' 2010' 2011' 2012' 2010' 2011' 2012' 2010' 2011' 2012' 38,390 700 54,871 418,535 11,538 36,274 446,136 11,541 38,657 462,424 11,544 40,057 135,063 3,759 35,926 147,430 3,784 38,960 154,958 3,815 40,620 137,672 3,838 35,869 146,001 3,868 37,744 152,722 3,899 39,166 529,808 12,711 41,680 558,345 12,744 43,813 575,425 12,764 45,083 1 2 3 25,242 2,603 1,143 1,460 -939 21,700 6,095 4,537 31,093 2,912 1,269 1,643 -978 27,203 6,534 4,653 306,908 34,324 16,907 17,417 -2,125 270,459 58,863 89,213 323,759 32,346 14,159 18,186 -2,292 289,122 65,184 91,830 336,941 33,487 14,735 18,752 -2,532 300,922 69,045 92,456 94,591 10,091 5,361 4,730 1,126 85,625 22,260 27,177 103,811 9,827 4,549 5,279 1,142 95,126 24,648 27,656 109,346 10,406 4,740 5,666 1,148 100,087 26,168 28,703 98,576 12,517 6,156 6,362 -2,307 83,752 25,249 28,670 103,334 11,742 5,042 6,700 -2,560 89,032 27,687 29,283 108,807 12,162 5,217 6,945 -3,037 93,608 29,322 29,792 375,080 42,371 22,079 20,292 5,957 338,666 82,268 108,874 391,992 39,520 18,135 21,384 6,252 358,725 89,925 109,696 403,552 40,548 18,538 22,010 6,126 369,130 94,652 111,643 4 5 6 7 8 9 10 11 14,749 3,597 2,392 1,206 4,317 2,324 1,993 17,002 3,969 2,509 1,460 4,271 1,902 2,369 20,178 4,345 2,702 1,643 6,570 3,992 2,578 218,732 57,856 40,439 17,417 30,320 1,330 28,990 228,440 59,513 41,326 18,186 35,807 2,560 33,247 239,159 60,307 41,555 18,752 37,475 1,553 35,922 62,408 15,989 11,259 4,730 16,194 543 15,650 66,250 16,521 11,243 5,279 21,040 800 20,240 70,063 17,258 11,592 5,666 22,025 778 21,247 70,930 17,798 11,436 6,362 9,848 21 9,827 74,306 18,433 11,733 6,700 10,595 355 10,239 77,424 20,108 13,163 6,945 11,274 336 10,939 259,819 71,567 51,275 20,292 43,694 570 43,124 270,205 74,231 52,846 21,384 47,556 1,061 46,496 280,228 74,103 52,092 22,010 49,221 948 48,273 12 13 14 15 16 17 18 2,515 20,148 15,764 127 1,036 166 156 714 414 1,591 1,267 834 66 66 2,123 23,118 18,620 112 1,827 289 172 1,366 423 2,003 1,367 919 69 81 4,307 26,787 22,163 121 2,791 389 202 2,200 421 2,541 1,505 1,022 73 107 1,723 305,186 251,280 301 1,787 1,091 516 180 2,545 14,128 44,758 29,656 533 1,642 2,815 6,134 4,787 1,575 2,054 5,963 1,847 798 1,507 15,102 3,178 501 118 128 84 22 1,432 1,252 589 4,808 2,991 16,386 19,060 10,706 982 3,008 320,751 267,300 302 2,310 1,397 693 220 2,611 15,273 48,232 32,121 549 1,698 3,170 6,820 5,273 1,532 2,125 6,687 1,943 790 1,534 16,111 3,231 514 133 128 78 23 1,495 1,222 617 5,561 3,110 17,371 19,857 11,527 1,094 2,040 334,901 281,015 331 2,578 1,560 754 264 2,552 16,341 50,024 33,488 576 1,767 3,148 7,293 5,609 1,427 2,222 6,914 1,999 853 1,681 16,536 3,430 492 144 128 75 25 1,457 1,218 652 5,687 3,227 18,277 20,410 12,286 1,085 835 93,755 72,852 249 8,847 6,730 139 1,979 1,392 5,497 8,274 5,260 103 399 225 1,219 1,716 350 191 322 418 60 257 3,014 865 150 5 20 40 13 187 146 701 268 619 3,592 6,405 3,903 624 1,127 102,684 81,988 227 13,328 10,376 152 2,801 1,387 5,856 9,195 5,782 104 396 275 1,368 1,976 334 187 326 500 74 241 3,414 845 150 5 19 42 17 200 141 993 346 655 3,954 6,735 4,622 704 1,253 108,094 87,058 244 14,809 11,735 167 2,908 1,537 6,381 9,985 6,486 106 411 301 1,620 2,270 332 189 349 571 84 252 3,500 876 148 7 21 36 18 210 130 1,022 372 662 4,298 7,080 4,316 655 1,019 97,557 79,193 1,094 129 8 114 7 640 5,359 12,261 9,471 1,134 250 635 826 735 4,309 174 291 412 212 493 2,789 1,110 204 3 39 50 49 423 292 48 317 255 6,190 6,755 3,072 283 1,346 101,987 83,066 1,091 168 13 145 10 680 5,545 13,160 10,329 1,140 259 720 897 836 4,699 183 307 561 221 506 2,830 1,114 217 3 40 49 39 411 301 52 337 267 6,541 6,980 3,251 290 1,224 107,582 88,515 1,220 181 (D) 160 1,135 373,945 315,962 498 3,062 1,204 1,132 725 3,027 20,151 39,830 23,621 895 1,337 2,766 4,784 3,303 2,442 2,076 841 2,277 784 2,115 16,209 3,687 487 192 206 311 40 1,827 1,567 739 5,131 2,021 18,547 21,868 12,739 900 896 73 4,263 1,052 674 28 767 1,216 2,871 14,933 2,279 337 8,123 3,055 803 335 25,866 4,806 34,276 14,056 11,708 11,871 52,653 3,861 8,803 13,411 57,983 9,919 1,676 46,388 13,080 33,308 1,552 390,440 332,952 459 4,539 1,976 1,323 1,240 3,323 21,340 41,591 25,088 906 1,370 3,271 5,083 3,584 2,433 2,111 938 2,476 818 2,099 16,503 3,754 461 183 213 285 41 1,949 1,562 897 5,079 2,078 19,805 22,658 13,773 919 984 70 4,796 1,115 811 31 878 1,231 2,939 14,924 2,435 360 7,832 3,056 814 427 26,426 5,847 36,235 15,539 12,667 12,207 54,416 4,256 9,345 13,602 57,488 9,912 1,549 46,028 13,095 32,933 1,539 402,013 344,969 499 5,201 2,312 1,412 1,476 3,221 22,504 42,516 25,775 912 1,318 3,440 5,325 3,727 2,308 ' 2,151 968 2,494 908 2,223 16,741 3,888 479 191 231 272 45 1,961 1,484 866 5,220 2,105 20,397 23,040 14,151 872 1,014 60 5,161 1,176 645 31 922 1,255 3,016 14,149 2,345 394 6,853 3,108 878 572 27,309 6,169 38,263 17,231 12,933 12,636 56,317 4,358 9,952 14,124 57,044 9,761 1,514 45,770 13,118 32,652 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 2011' (D) (D) (D) 92 325 95 4 108 351 105 5 112 388 111 6 (D) (D) (D) (D) (D) (D) 40 32 433 252 17 39 33 448 264 10 38 42 483 274 10 (D) (D) (D) 9 1 10 1 10 1 (D) (D) (D) (D) (D) 35 37 7 39 (D) (D) (D) 25 46 1,450 1,403 939 5 157 26 51 1,711 1,545 1,320 7 187 27 70 2,053 1,709 1,836 5 194 (D) (D) (D) 562 48 39 879 55 46 (D) 75 59 12 469 214 8 66 137 40 3 1,100 551 1,000 361 481 114 2,779 83 615 761 4,498 794 689 3,015 1,259 1,756 1,325 60 59 (D) 112 (D) 60 55 11 464 201 8 70 129 53 3 1,021 361 901 346 397 111 2,614 80 530 712 4,384 782 696 2,907 1,211 1,695 (D) (D) (D) 55 4,408 346 151 9 1,171 61 4,844 375 155 10 1,321 61 5,285 411 150 10 1,460 (D) (D) (D) (D) 16 486 229 9 65 138 40 5 1,152 617 1,227 398 558 120 2,977 90 738 824 4,624 784 709 3,131 1,301 1,829 1,833 5,751 2,000 154 526 2,277 335 458 17,988 5,151 22,566 12,087 11,853 4,381 40,421 2,848 8,111 10,451 53,906 7,854 1,859 44,193 11,020 33,174 1,842 5,953 2,067 158 563 2,310 367 488 18,369 6,744 24,453 12,969 12,885 4,528 41,483 2,862 8,647 10,924 53,451 7,960 1,815 43,676 11,188 32,488 1,949 6,087 2,152 163 544 2,244 448 537 18,790 7,083 24,731 16,098 13,704 4,645 43,289 3,157 9,264 11,370 53,886 7,883 1,769 44,234 11,959 32,274 (D) (L) (D) (L) 1,189 44 1,132 (D) 386 208 168 1,736 310 57 401 821 119 30 4,108 1,444 5,037 1,270 3,731 763 9,936 559 2,614 3,495 20,903 4,369 2,639 13,895 4,395 9,500 1,324 54 1,593 (D) (L) 1,454 60 1,142 (D) (D) 403 212 157 1,800 352 47 398 870 99 34 4,097 1,729 5,452 1,596 3,963 792 10,281 592 2,776 3,606 20,695 4,456 2,534 13,705 4,287 9,418 420 219 185 1,735 337 49 361 819 124 44 4,305 1,824 5,827 1,580 4,194 826 10,679 647 2,990 3,801 21,036 4,409 2,438 14,189 4,474 9,715 (D) 706 5,939 14,102 11,094 1,232 266 754 988 922 5,039 203 326 582 241 539 3,008 1,218 239 3 45 54 44 424 304 51 357 271 6,935 7,300 3,479 289 (D) (D) (D) 49 1,186 184 (D) 13 451 329 358 2,742 1,259 138 353 515 392 84 4,718 1,571 6,761 2,886 3,431 1,336 12,537 803 3,212 3,697 18,364 2,743 539 15,082 3,921 11,161 49 1,283 200 52 1,400 221 (D) (D) 12 493 333 354 2,868 1,326 173 354 535 392 88 4,776 1,678 7,344 2,991 3,626 1,396 12,947 805 3,421 3,799 18,921 2,767 511 15,643 4,123 11,520 13 535 352 371 3,001 1,342 192 333 562 454 118 5,040 1,763 7,989 3,154 3,969 1,511 13,627 878 3,709 4,012 19,068 2,758 479 15,831 4,200 11,631 70 Regional Quarterly Report November 2013 Table 4. Personal Income by Major Source [Millions Rhode Island Item South Carolina South Dakota Tennessee Line 2010r 2011r 2012r 2010r 2011r 2012r 2010' 2011r 2012r 2010' 2011r 2012' Income by place of residence Personal income (lines 4 -11).......................................................................... Population (thousands)2................................................................................. Per capita personal income (dollars)3............................................................. 1 2 3 45,268 1,053 42,999 46,881 1,051 44,621 48,184 1,050 45,877 151,537 4,636 32,688 159,747 4,673 34,183 165,595 4,724 35,056 33,136 816 40,596 36,932 824 44,843 37,819 833 45,381 225,225 6,357 35,431 237,618 6,400 37,129 250,189 6,456 38,752 4 5 6 7 8 9 10 11 30,553 3,780 2,023 1,757 1,399 28,172 7,739 9,356 31,212 3,506 1,686 1,820 1,529 29,235 8,226 9,420 32,040 3,599 1,719 1,880 1,573 30,014 8,728 9,442 101,983 12,131 6,432 5,698 2,288 92,141 23,634 35,763 106,358 11,389 5,238 6,151 2,331 97,300 26,243 36,204 110,084 11,677 5,383 6,294 2,464 100,871 27,806 36,918 23,412 2,422 1,312 1,110 -178 20,813 7,081 5,242 26,042 2,204 1,076 1,129 -209 23,628 7,969 5,336 26,457 2,308 1,120 1,187 -214 23,936 8,419 5,464 163,607 18,019 9,791 8,229 -920 144,668 31,042 49,515 171,916 16,745 8,144 8,601 -1,069 154,102 32,923 50,593 182,528 17,269 8,387 8,881 -1,499 163,760 34,710 51,719 12 13 14 15 16 17 18 21,506 5,969 4,212 1,757 3,078 1 3,077 22,135 5,817 3,997 1,820 3,261 22,743 5,904 4,024 1,880 3,393 -2 3,395 73,360 18,605 12,907 5,698 10,018 257 9,761 76,062 20,592 14,441 6,151 9,704 178 9,527 79,115 20,455 14,162 6,294 10,514 397 10,116 14,356 3,744 2,634 1,110 5,313 2,039 3,274 14,981 3,969 2,840 1,129 7,091 3,765 3,326 15,764 4,070 2,883 1,187 6,623 3,027 3,596 111,211 25,929 17,700 8,229 26,467 -123 26,590 115,529 27,219 18,618 8,601 29,169 172 28,997 121,857 29,117 20,236 8,881 31,554 146 31,408 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 17 30,536 24,781 14 31,198 25,427 (D) (D) (D) (D) (D) (D) 15 32,026 26,222 46 17 421 101,562 78,564 347 87 323 106,035 82,145 351 99 569 109,515 85,018 361 103 (D) (D) (D) (D) 12 (L) 160 1,523 2,769 1,820 27 38 102 332 135 311 112 (D) (L) 165 1,558 2,797 1,835 29 42 (D) 3,992 22,050 17,668 151 84 28 51 5 216 1,431 2,535 1,443 99 92 31 194 376 120 21 3,352 23,105 18,686 162 89 31 51 7 203 1,499 2,749 1,543 103 92 37 232 381 121 24 (D) (D) 68 461 948 (D) (D) 69 465 962 126 38 (D) (D) (D) 69 422 73 (D) 1,373 5,606 13,692 7,778 367 420 413 1,338 1,445 436 798 1,306 666 2,238 21,175 16,819 164 62 14 45 3 204 1,364 2,160 1,308 90 82 26 175 319 106 21 (D) (D) (D) (D) 87 80 163,528 138,189 318 332 42 241 50 339 9,787 20,142 11,586 461 593 623 2,103 1,597 413 1,203 2,659 321 349 171,568 145,243 292 373 69 265 39 342 10,300 20,887 12,251 465 655 687 2,229 1,627 405 1,238 2,950 374 355 182,173 155,634 321 391 77 288 26 347 10,926 22,511 13,682 512 729 765 2,399 1,706 418 1,527 3,525 424 407 1,271 25 4 28 4 5 85 93 Derivation of personal income Earnings by place of work (lines 12-18 or 19-89).......................................... Less: Contributions for government social insurance4..................................... Employee and self-employed contributions for government social insurance Employer contributions for government social insurance............................. Plus: Adjustment for residence5...................................................................... Equals: Net earnings by place of residence.................................................... Plus: Dividends, interest, and rent6................................................................. Plus: Personal current transfer receipts........................................................... Earnings by place of work Components of earnings: Wages and salaries..................................................................................... Supplements to wages and salaries............................................................ Employer contributions for employee pension and insurance fund.......... Employer contributions for government social insurance......................... Proprietors’ income7................................................................................... Farm.......... Nonfarm...... (L) 3,260 Earnings by industry Farm earnings................................................................................................ Nonfarm earnings................................. Private earnings............................... Forestry, fishing, and related activities.................................................... Mining........................................... Oil and gas extraction.......................................................................... Mining, except oil and gas................................................................... Support activities for mining................................................................ Utilities.................................................................................................... Construction...................... Manufacturing.................... Durable goods manufacturing............................................................. Wood product manufacturing.......................................................... Nonmetallic mineral product manufacturing........................................ Primary metal manufacturing................................................................. Fabricated metal product manufacturing.............................................. Machinery manufacturing................................................................ Computer and electronic product manufacturing............................. Electrical equipment and appliance mfg.......... ’ .............................. Motor vehicles, bodies and trailers, and parts manufacturing........... Other transportation equipment manufacturing................................... Furniture and related product manufacturing...................................... Miscellaneous manufacturing.......................................................... Nondurable goods manufacturing Food manufacturing......................................................................... Beverage and tobacco product manufacturing................................ Textile mills.................................................. 7..................................... Textile product mills......................................................................... Apparel manufacturing.................................................................... Leather and allied product manufacturing....................................... Paper manufacturing....................................................................... Printing and related support activities Petroleum and coal products manufacturing................................... Chemical manufacturing.................................................................. Plastics and rubber products manufacturing.................................... Wholesale trade...................................................................................... Retail trade............................................... Transportation and warehousing............................................................. Air transportation................................................................................. Rail transportation............................................................................... Water transportation............................................................................ Truck transportation............................................................................. Transit and ground passenger transportation...................................... Pipeline transportation........................................................................ Scenic and sightseeing transportation................................................ Support activities for transportation..................................................... Couriers and messengers................................................................... Warehousing and storage................................................................... Information.............................................................................................. Publishing industries, except Internet.................................................. Motion picture and sound recording industries.................................... Broadcasting, except Internet.............................................................. Telecommunications............................................................................ ISPs, search portals, and data processing.......................................... Other information services8................................................................ Finance and insurance............................................................................ Real estate and rental and leasing.......................................................... Professional, scientific, and technical services......................................... Management of companies and enterprises........................................... Administrative and waste management services....................................... Educational services............................................................................... Health care and social assistance........................................................... Arts, entertainment, and recreation......................................................... Accommodation and food services......................................................... Other services, except public administration........................................... Government and government enterprises................................................... Federal, civilian ................................................................................ Military................... State and local State.................. Local.................................................................................................... See the footnotes at the end of the table. 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 123 39 (D) 25 5 6 83 85 (D) 308 155 1,346 1,799 521 20 (D) 341 129 243 120 (D) 83 (D) (D) 308 (D) 1,378 1,811 562 21 (L) 150 1,650 2,750 1,777 32 41 120 349 137 192 113 973 130 18 (D) (D) 326 170 1,473 1,847 598 20 96 493 5,915 782 75 720 178 59 2 1,055 205 34 1,616 1,191 4,452 7,592 2,667 62 (D) (D) (D) (D) 11 149 82 11 165 88 12 183 94 23 1,140 105 (D) (D) (D) (D) 7 69 93 69 1,089 219 28 282 255 277 28 2,560 430 2,300 1,256 1,064 7 72 97 72 1,050 215 23 247 254 280 32 2,657 456 2,387 1,426 78 7 63 93 58 998 181 39 237 269 248 24 2,549 369 2,192 1,198 1,015 79 1,244 80 4,723 285 945 1,084 5,755 1,103 513 4,140 1,508 2,632 1,264 4,742 1,235 4,850 302 1,072 1,135 5,804 1,132 509 4,162 1,568 2,594 17 491 296 372 1,835 373 51 262 880 234 35 6,598 1,477 6,564 1,195 5,581 1,067 9,707 700 3,842 4,180 22,998 2,799 3,589 16,611 5,424 11,187 81 82 83 84 85 86 87 88 89 291 1,001 1,100 5,771 1,114 508 4,149 1,548 2,601 1,122 75 76 (D) (D) 1,416 5,539 14,912 8,677 386 446 477 1,458 1,611 456 819 1,531 908 1,375 5,829 15,486 9,117 390 440 499 1,569 1,645 450 867 1,658 992 98 487 98 6,235 772 77 748 189 59 1 1,130 211 43 1,741 1,264 4,734 7,873 2,863 61 175 23 1,252 112 8 19 518 299 399 1,896 403 54 269 884 246 40 5,793 1,635 7,243 1,305 6,139 1,126 10,033 744 4,086 4,357 23,890 2,870 3,601 17,418 5,651 11,767 509 6,370 786 81 743 198 63 1 1,145 216 41 1,760 1,336 4,958 7,970 3,046 56 180 20 1,337 121 10 20 490 304 508 1,927 476 51 250 849 247 55 5,934 1,700 7,525 1,442 298 (D) (D) 80 299 851 374 1,092 397 14 (D) 14 (D) 18 16 16 (D) (D) (D) (D) (D) (D) 40 62 18 258 61 1,173 1,609 659 9 75 42 64 20 464 67 1,259 1,704 727 10 84 45 68 19 528 70 1,355 1,786 785 9 87 75 (D) (D) 396 36 8 2 43 441 37 9 2 49 (D) (D) 28 410 69 11 125 196 6 3 2,134 245 812 386 31 445 74 11 144 205 8 3 1,886 256 879 395 503 253 3,272 155 686 833 4,382 959 464 2,958 915 2,044 6,258 464 1,179 10,344 751 4,352 4,480 24,496 2,941 3,700 17,856 5,797 12,059 250 3,128 152 637 803 4,356 931 466 2,959 921 2,037 314 1,206 435 15 (D) (L) 488 39 9 2 52 69 31 434 76 11 131 199 12 5 1,973 271 940 408 383 1,205 1,239 8,556 1,866 8,636 407 191 112 216 24 1,464 596 130 2,447 1,103 8,467 11,844 8,552 354 1,871 381 184 106 189 25 1,448 547 145 2,553 1,188 8,868 12,307 9,123 366 8,829 2,006 406 189 111 204 21 1,483 539 159 2,598 1,113 9,532 12,710 9,796 311 (D) (D) (D) 171 3,476 288 39 195 3,650 298 39 220 3,913 334 43 (D) (D) (D) 593 2,537 665 3,057 646 512 464 1,049 329 57 9,538 2,615 11,351 680 2,666 747 3,160 667 478 507 1,055 400 54 9,511 3,100 12,023 787 2,797 888 3,341 743 497 528 1,037 467 69 10,121 3,283 12,967 436 2,477 520 7,694 2,259 25,419 1,814 5,273 6,912 25,338 4,871 1,069 19,398 5,217 14,180 2,804 8,338 2,334 263 3,468 152 733 868 4,420 952 444 3,024 967 2,057 26,736 1,901 5,571 7,272 26,325 5,029 972 20,325 5,428 14,897 3,622 9,099 2,493 28,528 2,042 5,967 7,639 26,539 5,054 872 20,613 5,561 15,052 November 2013 S urvey of 71 C u r r e n t B u s in e s s and Earnings by Industry, 2010—20121—Continues of dollars] Texas Utah Vermont Washington Virginia West Virginia Line 2011r 2012r 961,828 25,243 38,103 1,053,552 25,632 41,103 1,111,110 26,059 42,638 90,113 2,775 32,472 96,175 2,814 34,173 101,163 2,855 35,430 25,116 626 40,126 26,888 627 42,911 736,303 72,298 37,877 34,421 -2,150 661,854 144,914 155,060 800,252 68,568 31,964 36,604 -2,356 729,328 164,124 160,099 850,942 72,257 33,452 38,804 -2,512 776,173 172,478 162,459 69,742 7,865 4,007 3,858 -14 61,863 14,934 13,316 73,451 7,459 3,252 4,208 -21 65,970 16,509 13,696 77,446 7,848 3,413 4,436 -23 69,575 17,624 13,963 17,079 2,065 1,103 962 457 15,471 4,421 5,223 501,734 109,925 75,504 34,421 124,644 2,468 122,176 533,278 112,459 75,856 36,604 154,514 2,357 152,158 568,703 117,630 78,826 38,804 164,609 2,537 162,071 49,655 12,685 8,826 3,858 7,402 -21 7,424 52,099 13,693 9,485 4,208 7,659 97 7,562 55,126 14,082 9,646 4,436 8,238 75 8,164 3,736 732,567 611,286 1,426 49,052 37,466 778 10,808 7,890 51,507 67,585 42,114 912 1,844 1,321 7,274 7,777 10,958 1,445 1,904 5,544 1,045 2,089 25,471 4,379 919 111 211 198 156 1,248 1,522 5,456 9,162 2,108 44,015 43,882 33,592 5,456 1,711 570 8,849 909 7,320 30 4,733 1,723 2,291 17,222 3,620 675 2,307 7,595 2,655 370 43,979 14,040 66,460 8,932 30,735 7,137 70,030 5,205 20,736 27,858 121,281 19,353 13,176 88,752 22,004 66,748 3,831 796,421 674,705 1,314 71,389 55,919 885 14,586 8,413 53,812 74,314 45,666 926 1,902 1,541 8,190 8,682 11,734 1,502 2,133 5,948 1,043 2,066 28,647 4,287 908 123 215 202 162 1,266 1,504 7,980 9,837 2,163 48,287 46,037 38,319 5,508 1,942 537 10,320 1,033 9,560 34 5,287 1,763 2,335 17,871 3,829 680 2,031 8,001 2,916 414 45,418 16,972 71,768 10,094 33,672 7,482 72,885 5,301 22,378 28,980 121,715 19,936 13,363 88,417 22,176 66,241 3,895 847,047 724,988 1,400 80,461 62,660 1,027 16,774 8,947 58,924 79,425 49,277 1,021 1,982 1,686 9,528 10,012 11,557 1,630 2,315 6,089 1,159 2,299 30,148 4,408 936 128 220 221 185 1,290 1,503 8,300 10,665 2,292 52,836 48,591 39,202 5,639 2,018 547 11,933 1,082 7,771 38 5,836 1,858 2,480 19,128 4,118 714 1,958 8,123 3,640 576 47,949 18,421 77,202 11,229 36,331 7,909 76,585 5,571 24,258 30,619 122,058 20,034 13,548 88,475 22,564 65,911 155 69,587 55,607 61 1,072 343 405 324 519 4,759 7,317 4,992 269 73,181 58,898 64 1,289 406 461 422 531 4,899 7,727 5,280 231 77,215 62,752 69 1,451 471 473 507 510 5,310 8,080 5,499 77 303 363 751 382 1,202 130 322 616 230 1,122 2,580 829 50 17 33 18 6 191 256 262 685 234 3,779 5,817 2,983 498 2010' 2010r 2011r (D) (D) 266 285 633 360 1,123 107 288 332 668 381 1,193 114 (D) (D) 668 216 992 2,325 752 44 14 30 16 5 170 259 196 639 201 3,309 5,228 2,616 470 164 640 225 1,058 2,446 796 47 15 30 15 5 184 265 240 631 217 3,539 5,446 2,831 523 175 (D) (D) 1,106 68 44 1,211 76 48 (D) (D) 184 231 338 1,966 688 107 225 330 452 164 4,377 1,258 5,565 1,553 2,613 1,400 6,180 570 1,923 3,322 13,981 3,101 861 10,019 4,304 5,714 207 242 337 2,164 742 108 219 354 538 203 4,321 1,550 6,100 1,556 2,864 1,469 6,434 598 2,070 3,446 14,284 3,235 819 10,229 4,392 5,837 2012r (D) (D) 1,327 76 43 16 233 251 356 2,426 916 118 212 413 472 295 4,656 1,625 6,534 1,734 3,039 1,563 6,690 626 2,231 3,628 14,463 3,201 782 10,480 4,591 5,889 2012r 2011' 2012' 2010' 2011' 2012' 27,886 626 44,545 359,956 8,025 44,854 381,930 8,104 47,126 396,005 8,186 48,377 286,744 6,744 42,521 303,088 6,823 44,420 317,575 6,897 46,045 58,950 1,854 31,796 62,737 1,855 33,822 65,091 1,855 35,082 1 2 3 17,980 1,927 901 1,026 473 16,525 5,041 5,322 18,568 2,011 928 1,083 497 17,055 5,309 5,522 264,147 29,423 15,280 14,143 10,938 245,662 66,192 48,103 273,307 27,182 12,379 14,803 12,607 258,732 73,176 50,023 282,996 28,114 12,751 15,364 12,366 267,248 77,309 51,449 206,559 25,385 11,989 13,396 2,683 183,858 53,924 48,962 216,257 23,865 9,797 14,068 2,933 195,326 58,634 49,128 226,596 24,522 10,211 14,311 3,336 205,410 62,038 50,126 38,124 4,707 2,535 2,172 1,217 34,635 7,738 16,577 40,667 4,437 2,156 2,281 1,250 37,480 8,402 16,856 42,257 4,573 2,217 2,356 1,065 38,749 8,894 17,448 4 5 6 7 8 9 10 11 12,033 3,098 2,136 962 1,949 80 1,869 12,382 3,436 2,410 1,026 2,162 152 2,010 12,760 3,554 2,471 1,083 2,254 84 2,170 196,643 47,040 32,897 14,143 20,464 -61 20,525 202,429 47,410 32,608 14,803 23,467 205 23,262 208,733 48,649 33,285 15,364 25,615 276 25,339 147,927 38,367 24,970 13,396 20,266 1,006 19,260 154,977 38,626 24,558 14,068 22,654 1,882 20,771 163,586 39,458 25,147 14,311 23,552 1,208 22,344 27,275 7,200 5,029 2,172 3,649 -111 3,760 28,639 7,575 5,294 2,281 4,453 -69 4,523 29,471 8,010 5,654 2,356 4,777 -57 4,833 12 13 14 15 16 17 18 149 16,930 13,541 77 42 1 212 17,768 14,214 70 44 1 156 18,412 14,785 71 47 1 2,741 223,854 178,568 2,104 227 (D) (D) 251 1,153 2,097 1,581 80 92 268 1,241 2,151 1,610 89 88 272 1,311 2,260 1,647 89 92 -79 38,203 29,751 93 2,999 435 2,163 402 621 2,415 3,309 1,777 -42 40,709 32,165 81 3,800 599 2,653 549 632 2,476 3,589 1,879 -24 42,281 33,600 90 3,948 680 2,682 586 596 2,858 3,666 1,939 (D) (D) (D) 159 187 630 92 161 199 656 91 168 196 654 108 558 282,438 213,630 335 1,567 202 1,265 101 1,555 14,224 16,468 10,030 610 471 338 1,277 1,264 1,273 650 3,224 213,034 168,399 1,936 218 (D) (D) 443 272,864 205,094 310 1,475 188 1,174 113 1,610 13,861 16,018 9,675 589 484 315 1,223 1,287 1,259 630 2,422 204,137 159,571 1,973 191 (D) (D) 217 263,930 197,048 322 1,066 137 830 99 1,592 13,630 15,788 9,254 580 476 272 1,158 1,250 1,303 648 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 2011r (D) (D) (D) 120 63 117 516 217 28 4 2 11 136 64 84 541 228 32 3 2 11 138 73 86 613 278 37 4 3 16 (D) (D) (D) 77 58 78 57 48 59 (D) (D) (D) 50 60 630 1,363 370 7 16 55 64 669 1,413 397 6 18 90 69 664 1,405 407 5 19 (D) (D) (D) 173 48 179 50 189 50 (D) (D) (D) 3 29 54 32 320 96 11 44 121 31 17 774 236 1,288 87 386 537 2,471 137 698 623 3,389 581 171 2,637 1,094 1,543 3 31 55 46 334 106 11 47 129 23 18 805 286 1,345 138 438 550 2,536 141 745 644 3,554 600 161 2,792 1,147 1,645 4 31 55 47 322 111 10 46 117 18 20 809 305 1,410 189 490 572 2,641 146 786 675 3,628 615 154 2,859 1,172 1,688 (D) (D) (D) 158 167 176 (D) (D) (D) 579 12,064 21,898 16,908 726 557 364 1,008 880 1,965 329 608 11,986 23,690 18,470 744 569 426 1,079 963 2,021 349 601 12,524 25,099 19,764 767 585 462 1,201 1,047 2,103 358 (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) 461 504 6,534 1,445 677 180 158 61 9 662 620 111 1,542 1,069 9,194 13,652 6,635 1,014 442 486 6,343 1,424 628 179 154 56 9 589 602 82 1,556 1,066 9,783 14,071 6,938 1,056 452 518 6,438 1,460 660 179 144 58 9 612 587 83 1,568 1,079 9,818 14,501 7,418 1,121 284 810 4,990 1,861 366 21 110 72 14 817 360 404 511 453 9,945 13,113 6,318 902 275 834 5,220 1,912 388 21 115 75 16 811 361 427 632 462 10,473 13,715 6,921 1,006 290 850 5,335 1,994 416 21 123 82 16 780 355 451 635 463 11,066 14,664 7,492 1,053 (D) (D) (D) (D) (D) (D) 239 1,852 478 39 12 953 247 1,983 516 40 12 1,011 288 2,104 584 41 13 1,127 300 1,651 346 321 1,770 365 342 1,929 394 (D) (D) (D) 35 1,601 43 1,848 531 558 15,377 10,605 182 740 2,506 420 924 8,664 3,686 19,538 4,113 8,179 2,016 22,136 1,872 6,043 7,227 44,634 7,358 6,191 31,085 9,679 21,406 52 2,048 553 623 17,108 11,928 186 680 2,595 516 1,203 9,051 4,004 20,566 4,586 8,391 2,125 22,846 1,910 6,614 7,591 45,287 7,401 6,402 31,483 9,754 21,729 (D) (D) (D) (D) 870 7,918 1,580 191 1,019 3,649 1,087 391 12,558 4,102 46,744 9,180 9,659 3,624 22,697 1,709 6,679 10,300 66,882 22,140 13,677 31,065 9,483 21,582 836 7,860 1,699 202 960 3,477 1,066 457 12,921 5,074 49,434 9,214 10,381 3,563 23,311 1,684 7,045 10,540 67,770 23,034 13,335 31,400 9,645 21,756 857 8,162 1,695 202 934 3,470 1,139 723 13,914 5,405 51,117 9,981 10,899 3,636 24,351 1,768 7,481 11,032 68,808 23,252 13,257 32,299 10,152 22,147 530 14,207 9,659 175 919 2,460 386 608 8,708 2,873 18,356 3,886 7,590 1,947 21,550 1,852 5,615 6,908 44,565 7,158 6,217 31,190 9,877 21,314 2010' 2012' 2010' 2010' 2011' (D) (D) (D) 145 352 317 119 67 60 149 382 351 147 75 65 155 411 351 150 74 60 (D) (D) (D) 211 56 97 1,532 133 22 214 60 81 1,710 124 23 208 58 93 1,727 127 24 (D) (D) (D) 4 7 4 4 4 4 (D) (D) (D) 32 55 165 950 162 1,413 2,764 1,310 9 247 35 554 20 161 2 112 113 60 695 148 13 153 321 55 4 1,156 526 2,070 423 1,105 273 5,634 277 1,262 1,407 8,452 2,221 419 5,812 2,426 3,386 34 57 298 997 165 1,493 2,866 1,440 9 272 38 623 21 169 2 128 118 60 740 165 14 156 344 57 4 1,233 654 2,194 547 1,242 290 5,816 197 1,430 1,445 8,544 2,267 373 5,904 2,469 3,436 34 65 288 1,009 167 1,538 2,948 1,501 8 285 41 664 24 148 2 131 125 73 700 172 14 145 300 64 5 1,209 686 2,316 573 1,303 310 6,151 205 1,509 1,491 8,682 2,282 345 6,055 2,553 3,502 72 Regional Quarterly Report November 2013 Table 4. Personal Income by Major Source [Millions Wisconsin Item New England Wyoming Mideast Line 2010r 2011r 2012r 2010r 2011r 2012'' 2010r 2011r 2012r 2010r 2011' 2012r Income by place of residence Personal income (lines 4-11).............................................................................. Population (thousands)2.................................................................................... Per capita personal income (dollars)3.................................................................. 1 2 3 220,502 5,690 38,755 232,094 5,710 40,648 241,201 5,726 42,121 25,434 564 45,066 27,920 567 49,212 29,147 576 50,567 714,709 14,463 49,416 753,453 14,517 51,900 780,562 2,308,514 2,432,917 14,563 48,207 48,447 53,600 47,888 50,218 2,509,312 48,632 51,598 4 5 6 7 8 9 10 11 158,626 18,418 9,529 8,889 3,478 143,686 35,800 41,016 166,380 17,218 7,744 9,474 3,729 152,890 39,529 39,675 171,783 17,731 7,955 9,777 3,940 157,991 41,869 41,341 18,047 2,206 1,024 1,182 -7 15,834 6,059 3,541 19,280 2,095 845 1,249 -2 17,184 7,154 3,583 20,114 2,169 871 1,298 -2 17,944 7,547 3,656 518,601 55,167 28,735 26,432 5,798 469,233 127,545 117,932 538,956 51,159 23,483 27,676 5,513 493,310 140,773 119,370 556,591 52,701 24,110 28,590 5,829 509,720 148,299 122,544 1,721,947 183,868 94,578 89,289 -16,755 1,521,324 379,628 407,563 1,788,224 170,062 76,787 93,275 -18,231 1,599,930 420,238 412,749 1,840,938 174,546 78,535 96,011 -18,111 1,648,281 442,048 418,984 12 13 14 15 16 17 18 112,526 31,365 22,477 8,889 14,734 936 13,798 117,016 32,843 23,369 9,474 16,520 2,263 14,257 121,182 33,300 23,524 9,777 17,300 1,846 15,454 12,370 3,258 2,076 1,182 2,418 17 2,401 12,964 3,323 2,074 1,249 2,993 175 2,818 13,490 3,458 2,161 1,298 3,166 163 3,003 370,771 88,995 62,563 26,432 58,835 229 58,606 385,442 92,246 64,569 27,676 61,268 330 60,938 398,118 93,807 65,217 28,590 64,665 171 64,494 1,213,192 311,354 222,064 89,289 197,401 1,591 195,810 1,256,338 321,104 227,829 93,275 210,781 2,774 208,007 1,293,804 326,963 230,951 96,011 220,171 2,380 217,791 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 1,725 156,900 130,404 424 200 (D) 166 (D) 1,580 8,151 29,679 18,077 719 501 1,033 3,894 4,604 1,676 1,922 3,003 163,376 136,873 401 254 (D) 186 (D) 1,645 8,176 31,783 19,460 765 525 1,233 4,395 4,915 1,751 1,998 (D) (D) 796 1,005 12,323 3,450 214 104 70 35 59 2,528 1,668 294 2,185 1,715 8,636 10,125 5,672 158 (D) 6 3,131 507 44 8 361 P 685 3,572 1,373 112 365 962 735 25 10,594 1,625 9,157 5,375 5,264 2,387 20,759 1,386 4,191 5,872 26,504 2,485 645 23,374 6,650 16,724 2,575 169,207 142,626 432 305 (D) 226 133 17,913 13,391 44 2,828 855 1,064 908 290 1,735 642 261 18 54 4 82 38 10 20 (D) (D) 8 (D) 381 30 18 1 3 (D) 290 18,990 14,417 47 3,547 1,091 1,306 1,151 299 1,647 711 290 21 56 (D) 96 42 10 21 (D) (D) 8 (D) 422 32 18 (D) 3 (D) 1 268 19,846 15,182 51 3,809 1,215 1,380 1,215 287 1,761 741 308 23 57 (D) 104 53 12 21 (D) (D) 8 8 432 36 19 (D) 4 (D) 1 689 517,912 441,631 (D) 730 538,226 461,269 (D) 645 555,946 477,917 (D) 4,128 1,784,096 1,450,247 (D) (D) (D) 3,143 1,718,804 1,385,401 (D) (D) 1,899 (D) (D) 13,127 80,051 113,612 61,815 3,994 1,836,943 1,503,723 (D) (D) (D) (D) (L) (L) Derivation of personal income Earnings by place of work (lines 12-18 or 19-89)................................................. Less: Contributions for government social insurance4........................................... Employee and self-employed contributions for government social insurance Employer contributions for government social insurance................................... Plus: Adjustment for residence5.... Equals: Net earnings by place of residence......................................................... Plus: Dividends, interest, and rent< Plus: Personal current transfer receipts................................................................ Earnings by place of work Components of earnings: Wages and salaries........................................................................................ Supplements to wages and salaries................................................................. Employer contributions for employee pension and insurance fund.................. Employer contributions for government social insurance................................ Proprietors’ income7...................................................................................... Farm......................................................................................................... Nonfarm................................................................................................... Earnings by industry Farm earnings ............................................................................................. Nonfarm earnings. Private earnings............................................................................................ Forestry, fishing, and related activities......................................................... Mining...................................................................................................... Oil and gas extraction................. Mining, except oil and gas........... Support activities for mining................................................................... Utilities ............................................................................................. Construction. Manufacturing........................................................................................... Durable goods manufacturing................................................................. Wood product manufacturing.............................................................. Nonmetallic mineral product manufacturing.......................................... Primary metal manufacturing.............................................................. Fabricated metal product manufacturing.............................................. Machinery manufacturing.................. ” ............................................... Computer and electronic product manufacturing.................................. Electrical equipment and appliance mfg............................................... Motor vehicles, bodies and trailers, and parts manufacturing................. Other transportation equipment manufacturing..................................... Furniture and related product manufacturing........................................ Miscellaneous manufacturing.............................................................. Nondurable goods manufacturing............................................................ Food manufacturing............................................................................ Beverage and tobacco product manufacturing...................................... Textile mills .................................................................................. Textile product mills............................................................................ Apparel manufacturing....................................................................... Leather and allied product manufacturing............................................. Paper manufacturing.......................................................................... Printing and related support activities.................................................. Petroleum and coal products manufacturing......................................... Chemical manufacturing..................................................................... Plastics and rubber products manufacturing......................................... Wholesale trade......................................................................................... Retail trade........................ Transportation and warehousing.................................................................. Air transportation................................................................................... Rail transportation.......... Water transportation....... Truck transportation Transit and ground passenger transportation............................................ ...................................................................... Pipeline transportation Scenic and sightseeing transportation...................................................... Support activities for transportation.......................................................... Couriers and messengers Warehousing and storage. Information................................................................................................ Publishing industries, except Internet....................................................... Motion picture and sound recording industries.......................................... Broadcasting, except Internet.................................................................. Telecommunications............................................................................... ISPs, search portals, and data processing................................................ Other information services8.................................................................... Finance and insurance........ Real estate and rental and leasing.............................................................. Professional, scientific, and technical services.............................................. Management of companies and enterprises.................................................. Administrative and waste management services........................................... Educational services.................................................................................. Health care and social assistance............................................................... Arts, entertainment, and recreation............................................................. Accommodation and food services.............................................................. Other services, except public administration................................................. Government and government enterprises......................................................... Federal, civilian.......................................................................................... Military............................... State and local........................................................................................... State..................................................................................................... Local..................................................................................................... (D) (D) 764 998 11,602 3,384 212 100 80 33 57 2,449 1,577 160 1,901 1,649 8,162 9,765 5,262 142 (D) 7 2,856 488 40 11 318 (D) 677 3,352 1,223 113 345 958 687 25 10,653 1,431 8,553 4,874 4,771 2,287 20,231 1,317 3,978 5,732 26,497 2,470 687 23,339 6,550 16,789 r Revised D Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the total. L Less than $500,000, but the estimates for this item are included in the total. N Not available 1. The estimates of earnings for 2010 are based on the 2007 North American Industry Classification System (NAICS). The estimates for 2011 -2012 are based on the 2012 NAICS. 2. Midyear population estimates of the Census Bureau. (D) 1,626 8,604 33,329 20,476 784 525 1,341 4,765 5,264 1,709 2,057 (D) (D) 800 1,066 12,853 3,687 211 100 77 36 66 2,545 1,729 288 2,302 1,812 9,099 10,250 6,015 142 (D) 5 3,362 528 49 9 364 (D) 762 3,719 1,513 109 355 934 763 45 10,985 1,675 9,658 5,707 5,375 2,499 21,426 1,387 4,468 6,070 26,581 2,478 607 23,496 6,779 16,717 (D) (L) 11 133 165 18 620 1,086 1,022 40 254 (D) 318 28 235 (D) 46 43 56 212 44 12 27 113 11 5 601 351 767 100 298 78 1,347 83 694 592 4,522 627 366 3,530 989 2,541 12 152 184 19 672 1,102 1,072 40 275 (D) 370 29 203 (D) 52 44 57 221 47 13 29 117 11 4 533 408 809 103 350 81 1,387 84 734 610 4,573 635 366 3,572 998 2,574 13 149 195 14 718 1,157 1,081 38 286 (D) 404 31 161 (D) 56 46 57 234 49 13 29 124 13 8 548 426 856 124 351 82 1,437 85 790 642 4,665 635 362 3,668 1,010 2,657 (D) 166 (D) (D) 3,733 25,259 53,947 38,750 (D) 836 (D) 5,886 4,159 11,758 2,718 399 7,050 656 3,841 15,197 2,446 568 (D) 232 (D) 249 2,034 1,581 259 5,245 1,900 24,427 29,886 9,789 703 521 (D) 2,502 1,800 (D) 78 1,073 1,311 1,408 16,510 6,838 587 2,484 3,903 1,428 1,269 59,146 7,271 56,642 14,233 17,143 17,336 69,338 4,751 13,824 16,863 76,281 10,592 3,276 62,413 21,501 40,912 245 (D) (D) 4,060 26,622 55,777 40,189 (D) 26 3,876 28,449 56,530 40,672 (D) (D) 876 (D) 6,235 4,444 11,843 2,791 412 7,464 666 3,913 15,588 2,478 565 (D) 236 (D) 888 (D) 6,703 4,294 11,664 2,805 412 7,597 714 3,999 15,858 2,598 602 (D) 244 (D) 2,002 (D) 330 5,445 (D) 25,580 30,773 10,348 749 565 (D) 2,671 1,941 (D) 84 1,146 1,329 1,444 16,925 7,137 593 2,405 3,973 1,488 1,328 60,209 8,596 60,567 15,894 18,389 17,930 71,094 4,920 14,762 17,333 76,957 10,654 3,165 63,138 21,850 41,288 (D) (D) 1,984 1,597 331 5,524 1,947 26,026 31,382 10,835 733 587 (D) 2,863 2,095 (D) 86 1,258 1,375 1,474 17,913 7,442 662 2,283 4,061 1,692 1,773 60,276 9,091 64,077 17,443 19,249 18,801 73,508 5,112 15,757 18,023 78,029 10,620 3,085 64,324 22,067 42,257 (D) 3,257 (D) 10,042 8,713 14,768 (D) 2,082 4,064 (D) (D) 51,797 9,588 (D) (D) 634 2,098 (D) (D) (D) (D) (D) 13,838 83,663 115,717 63,899 1,527 3,357 (D) 10,546 9,151 14,581 (D) 2,225 4,326 (D) (D) 51,818 9,602 (D) 639 652 1,966 (D) P P (D) 4,788 (D) 20,741 (D) 78,230 89,099 44,102 5,244 (D) (D) 10,756 7,635 758 185 5,181 5,023 (D) 70,884 13,654 6,264 27,629 15,038 4,134 4,164 196,534 29,093 193,810 51,508 58,092 41,942 197,218 20,322 42,748 59,519 333,403 77,863 12,530 243,010 59,516 183,494 (D) (D) 20,304 (D) 82,881 92,983 46,764 5,661 (D) (D) 11,797 8,097 907 214 5,569 (D) (D) 72,922 14,777 6,816 27,380 14,968 4,228 4,753 199,785 35,014 207,994 54,512 61,662 43,526 202,599 21,414 45,952 61,606 333,849 80,041 12,438 241,370 58,970 182,401 (D) 13,778 87,565 117,429 65,121 1,570 3,420 (D) 11,132 (D) 14,434 (D) 2,086 (D) 764 998 11,602 3,384 212 100 80 33 57 2,449 1,577 160 1,901 1,649 8,162 9,765 5,262 142 (D) 7 2,856 488 40 11 318 (D) 677 3,352 1,223 113 345 958 687 25 10,653 1,431 8,553 4,874 4,771 2,287 20,231 1,317 3,978 5,732 26,497 2,470 687 23,339 6,550 16,789 3. Per capita personal income is total personal income divided by total midyear population. 4. Contributions for government social insurance are included in earnings by type and industry, but they are excluded from personal income. 5. The adjustment for residence is the net inflow of the earnings of interarea commuters. For the United States, it consists of adjustments for border workers: Wages and salaries to U.S. residents commuting to Canada less wages and salaries to Canadian and Mexican residents commuting into the United States. November 2013 Survey of 73 C u r r e n t B u s in e s s and Earnings by Industry, 2010—20121—Table Ends of dollars] Great Lakes Plains Southeast Southwest Rocky Mountain Far West Line 2010r 2012r 2011' 2010r 2011r 2012' 2010' 2011' 2012' 2010' 2011' 2012' 2010' 2011' 2012' 2010' 2011' 2012' 1,749,237 46,436 37,670 1,847,995 46,504 39,739 1,921,359 46,567 41,260 811,127 20,536 39,497 870,220 20,641 42,159 907,004 20,750 43,712 2,853,551 78,559 36,324 3,003,814 79,240 37,908 3,129,007 79,949 39,137 1,383,139 37,478 36,906 1,502,519 37,962 39,580 1,577,997 38,513 40,973 410,808 10,949 37,519 439,712 11,079 39,687 461,546 11,220 41,135 2,192,247 52,698 41,600 2,328,932 53,197 43,779 2,442,275 53,720 45,463 1 2 3 1,266,451 141,606 73,024 68,582 5,372 1,130,217 270,283 348,737 1,330,948 132,536 59,977 72,559 5,541 1,203,953 298,436 345,606 1,383,079 137,789 61,938 75,851 6,227 1,251,517 315,403 354,438 602,114 67,475 35,336 32,139 -5,611 529,029 137,993 144,105 640,673 62,962 29,070 33,891 -5,741 571,971 151,279 146,970 668,300 65,280 30,054 35,226 -6,279 596,741 160,001 150,263 1,953,323 220,799 117,821 102,978 14,752 1,747,276 524,743 581,532 2,018,993 204,591 96,491 108,100 16,748 1,831,150 576,557 596,106 2,107,097 211,695 99,241 112,454 16,463 1,911,865 606,813 610,329 1,027,695 105,113 55,271 49,843 6 922,588 215,170 245,381 1,109,936 99,434 46,420 53,014 -123 1,010,379 240,981 251,159 1,173,791 104,402 48,400 56,002 -187 1,069,202 253,836 254,959 305,223 33,987 17,200 16,786 1,306 272,543 75,888 62,377 320,055 32,099 14,082 18,017 1,454 289,410 86,515 63,787 336,154 33,393 14,609 18,784 1,600 304,361 91,755 65,430 1,591,972 174,418 91,955 82,463 -1,801 1,415,752 407,249 369,246 1,673,723 163,771 76,846 86,925 -1,960 1,507,992 449,798 371,143 1,755,454 169,370 78,874 90,496 -2,149 1,583,935 477,051 381,289 4 5 6 7 8 9 10 11 909,573 234,916 166,335 68,582 121,962 7,966 113,996 949,892 241,875 169,316 72,559 139,182 15,232 123,950 989,612 249,640 173,789 75,851 143,827 10,985 132,842 418,229 104,348 72,209 32,139 79,537 17,759 61,779 434,510 107,460 73,568 33,891 98,704 29,398 69,306 456,256 109,600 74,374 35,226 102,444 28,320 74,123 1,405,140 345,141 242,163 102,978 203,043 7,740 195,302 1,452,129 348,541 240,441 108,100 218,323 8,895 209,428 1,507,959 361,066 248,613 112,454 238,072 13,961 224,111 706,975 160,224 110,381 49,843 160,497 3,995 156,502 747,500 164,673 111,659 53,014 197,764 4,865 192,899 792,606 171,089 115,087 56,002 210,096 4,651 205,445 214,291 51,432 34,645 16,786 39,501 1,840 37,662 223,557 53,003 34,986 18,017 43,495 3,414 40,081 234,856 54,936 36,152 18,784 46,363 3,734 42,628 1,130,439 287,038 204,576 82,463 174,494 7,456 167,038 1,178,918 303,846 216,921 86,925 190,959 12,987 177,972 1,243,975 310,926 220,430 90,496 200,553 12,435 188,118 12 13 14 15 16 17 18 10,573 1,255,878 1,044,580 2,001 4,621 (D) 2,144 (D) 11,923 60,487 189,672 124,260 2,444 4,483 9,947 22,539 23,456 8,862 7,699 18,035 1,312,913 1,103,707 1,820 5,955 (D) 2,484 (D) 12,420 63,474 204,732 135,769 2,601 4,703 11,457 25,242 25,770 8,689 7,782 13,743 1,369,336 1,158,446 1,972 6,613 (D) 2,680 20,561 581,553 478,431 2,101 3,728 32,245 608,428 505,037 1,961 5,709 1,375 1,684 31,648 636,652 532,104 2,147 7,101 (D) 1,843 (D) 12,309 66,698 215,470 143,617 2,711 4,746 12,137 27,174 27,829 8,353 8,057 (D) (D) (D) 5,940 32,361 74,120 43,330 1,645 1,771 6,390 34,121 80,406 45,784 (D) 1,859 6,221 37,026 84,007 47,493 19,815 1,735,638 1,401,661 11,343 11,806 6,353 2,662 2,791 12,021 84,482 169,010 119,565 3,205 3,078 (D) 11,235 (D) (D) (D) (D) (D) (D) (D) 4,753 10,384 71,853 16,351 1,705 349 575 390 269 7,362 6,563 3,495 22,854 11,941 78,451 80,490 52,616 6,374 (D) 1,531 3,984 30,791 11,677 829 62 289 (D) 123 (D) 3,134 152 (D) 3,187 7,437 9,891 7,371 2,241 3,453 5,931 1,548 3,990 36,514 12,319 951 54 315 (D) 160 1,923 3,203 (D) (D) (D) 7,993 3,029 33,920 36,451 22,201 1,592 3,413 10,070 3,176 35,763 37,744 24,316 1,605 3,841 93 11,001 1,129 847 34 1,838 1,798 2,130 17,393 4,373 330 3,526 5,637 3,196 331 44,678 8,452 41,740 21,466 20,507 8,312 72,497 5,422 15,929 22,232 103,391 15,544 8,285 79,562 22,969 56,593 11,000 3,377 37,974 38,986 26,055 1,543 4,029 (D) 3,252 26,318 3,287 1,379 (D) 11,446 10,128 8,800 51,147 11,550 2,345 7,695 20,557 6,676 2,324 119,287 38,566 193,553 52,138 93,991 28,208 238,262 22,729 73,455 82,938 410,525 79,440 55,327 275,759 84,289 191,470 11,786 1,453 8,501 58 5,813 (D) 2,897 22,562 4,660 992 3,205 10,001 3,185 519 59,531 19,332 88,231 12,842 44,775 10,916 104,093 7,712 30,518 38,399 184,389 32,056 19,296 133,037 34,997 98,041 7,119 1,166,672 980,639 2,216 99,491 75,777 2,850 20,863 12,534 77,251 105,258 68,949 1,321 2,810 2,330 12,440 12,846 17,359 2,042 2,901 9,961 1,515 3,425 36,309 5,989 1,329 162 275 265 223 1,709 1,968 9,518 11,639 3,231 67,293 71,466 50,182 7,613 2,696 549 15,592 1,681 8,976 (D) 7,142 (D) 3,192 24,994 5,347 1,086 2,803 10,561 4,390 807 65,035 25,453 101,157 15,804 51,733 12,065 113,141 8,330 35,216 42,020 186,033 33,007 19,504 133,522 35,898 97,624 21,040 1,652,683 1,321,877 10,369 10,609 5,639 2,439 2,532 11,955 78,736 162,262 115,612 3,049 2,988 6,885 9,222 7,324 2,216 3,493 5,844 1,479 3,960 34,622 11,653 892 59 301 7,365 1,102,571 917,552 2,098 88,417 67,542 2,500 18,375 11,879 70,826 98,669 64,108 1,211 2,704 2,105 10,730 11,176 17,513 1,916 16,409 1,575,562 1,249,857 10,168 8,919 4,569 2,150 2,200 11,112 77,399 154,863 109,361 3,014 2,914 6,450 8,466 7,073 2,151 6,267 1,021,428 837,039 2,230 60,924 45,234 2,156 13,534 11,316 68,224 90,268 59,442 1,201 2,665 1,827 9,580 10,074 16,353 1,867 2,407 9,057 1,352 3,060 30,825 5,897 1,308 142 260 249 189 1,629 1,970 6,290 9,908 2,983 56,862 65,068 43,236 7,374 2,276 5,133 331,022 270,304 1,022 14,592 7,670 3,334 3,589 2,831 21,301 24,900 16,568 665 988 (D) 17,689 2,089,408 1,678,883 6,904 21,074 7,614 7,757 5,704 15,756 114,595 199,451 116,311 5,965 6,017 7,320 16,417 14,724 12,965 8,837 15,965 14,681 5,087 8,333 83,140 18,737 4,951 315,104 255,265 958 13,225 6,942 3,121 3,163 2,802 19,961 23,768 15,750 (D) 12,542 2,006,451 1,597,821 6,415 19,969 6,749 7,759 5,461 15,946 108,839 190,668 109,571 5,816 5,869 6,588 15,021 14,058 13,007 8,198 14,109 14,231 4,872 7,802 81,097 17,883 3,401 301,823 242,649 969 9,917 4,905 2,615 2,397 2,600 19,969 22,548 14,941 (D) 11,715 1,941,608 1,534,871 6,691 16,361 4,861 6,556 4,944 15,204 108,113 183,595 104,227 5,610 5,692 5,699 14,364 13,398 13,101 8,083 12,517 13,054 4,852 7,858 79,368 17,984 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 4,349 9,454 65,412 15,253 1,672 316 532 354 254 7,014 6,410 2,673 19,938 10,995 69,589 75,716 45,289 5,591 (D) (D) 17,921 2,503 798 70 4,661 3,676 6,477 25,150 8,127 1,040 3,019 9,448 2,352 1,165 83,591 16,949 104,971 38,495 49,997 20,123 154,511 11,521 33,267 46,707 211,299 27,719 7,301 176,279 47,715 128,563 4,537 9,543 68,963 15,433 1,684 337 546 372 256 7,293 6,484 3,366 21,808 11,383 74,491 78,479 49,198 6,142 3,632 (D) (D) (D) 19,731 2,695 864 75 5,372 (D) 6,584 26,296 8,548 1,118 3,168 9,631 2,545 1,286 84,142 19,471 113,011 41,451 54,290 20,845 158,287 11,627 35,494 48,223 209,206 27,887 6,834 174,485 48,025 126,460 21,384 2,944 747 90 5,884 3,800 7,184 27,404 9,007 1,052 3,084 9,478 2,869 1,913 87,141 20,224 118,224 46,457 57,597 21,936 164,518 12,203 38,037 50,087 210,890 27,612 6,523 176,755 49,842 126,913 (D) (D) 9,901 1,054 655 (D) 1,577 1,795 2,075 16,962 4,185 327 3,528 5,674 2,941 305 43,476 7,673 39,156 20,977 18,850 8,079 70,649 5,243 15,033 21,509 103,122 15,400 8,375 79,347 22,988 56,358 (D) (D) (D) 1,956 (D) 12,302 1,201 661 (D) 2,052 1,864 2,289 17,443 4,424 336 3,213 5,738 3,225 507 47,435 9,077 44,642 22,362 21,451 8,790 75,715 5,573 16,992 23,109 104,548 15,407 8,158 80,983 23,394 57,589 (D) (D) (D) (D) (D) (D) 2,683 1,587 172 10,048 4,978 3,556 20,614 9,550 97,271 131,775 70,431 8,797 4,236 3,237 22,773 2,708 1,447 172 10,160 4,913 3,930 21,871 9,881 101,798 135,912 74,937 9,511 4,748 3,286 24,533 2,929 1,573 (D) 10,553 (D) 7,969 48,723 10,800 2,168 7,752 20,509 5,927 1,568 114,288 36,268 184,366 46,593 88,843 27,248 227,602 21,664 68,414 79,330 408,631 79,361 56,045 273,225 83,079 190,146 2,718 1,302 182 10,320 4,841 4,044 22,487 10,176 106,901 140,590 79,337 9,557 2,717 (D) (D) 9,779 9,581 7,752 47,351 10,320 2,123 7,661 20,195 5,587 1,464 115,427 30,630 173,840 43,933 83,791 26,415 221,605 21,126 64,372 76,941 406,737 77,026 56,445 273,266 82,960 190,306 6. Rental income of persons includes the capital consumption adjustment. 7. Proprietors’ income includes the inventory valuation adjustment and the capital consumption adjustment. 8. Under the 2007 NAICS, internet publishing and broadcasting was reclassified to other information services. (D) (D) (D) 1,365 3,110 34,561 5,801 1,300 154 266 253 199 1,678 1,951 9,153 10,730 3,076 61,805 68,379 49,222 7,577 2,594 550 13,604 1,609 11,206 (D) 6,500 (D) 2,973 23,421 4,967 986 2,935 10,506 3,448 579 61,565 23,588 94,813 14,407 48,440 11,419 108,159 7,877 32,683 39,884 185,019 33,030 19,423 132,566 35,191 97,375 (D) (D) 881 464 1,780 1,369 4,831 331 473 1,635 569 (D) 7,607 2,695 600 905 (D) 116 58 (D) 420 657 626 1,776 613 14,535 20,102 9,985 1,418 1,088 4 3,630 451 (D) 43 895 (D) (D) 12,491 3,237 298 2,868 4,412 1,244 431 19,356 4,773 29,564 6,459 11,227 3,830 29,216 3,203 9,832 12,072 59,174 11,462 6,159 41,553 13,985 27,568 (D) (D) (D) (D) 1,917 1,479 5,008 354 534 1,630 576 (D) 8,018 2,741 610 24 110 61 21 2,125 1,578 5,080 416 9,707 8,014 46,221 10,458 8,800 48,319 (D) (D) (D) (D) 1,606 608 2,252 8,332 2,872 625 26 116 71 22 2,575 19,331 2,060 22,286 9,926 45,502 12,377 4,440 404 606 2,996 219 2,100 21,570 (D) 10,060 46,650 12,635 4,665 420 595 (D) (D) (D) (D) 657 663 (D) 3,412 3,358 3,369 (D) (D) (D) (D) (D) 1,995 674 15,399 20,731 10,796 1,499 (D) 2 4,030 476 (D) 47 973 934 (D) 12,920 3,478 307 2,816 4,415 1,389 516 18,614 5,309 31,415 6,879 11,985 3,980 30,200 3,338 10,584 12,401 59,839 11,772 6,242 41,825 14,214 27,611 2,084 704 16,322 21,737 11,358 1,597 1,255 -1 4,441 506 631 53 1,064 975 838 13,328 3,852 327 2,539 4,391 1,503 715 19,484 5,630 33,355 8,147 12,747 4,235 31,499 3,450 11,333 13,033 60,718 11,774 6,152 42,792 14,702 28,089 (D) 10,575 (D) 228 10,848 (D) 49,072 (D) 10,902 49,445 13,352 4,865 414 615 (D) 233 12,378 (D) (D) (D) 73,932 96,450 46,358 5,988 1,785 78,913 100,855 50,246 6,493 1,951 82,883 105,828 53,158 6,863 2,022 (D) 12,680 3,536 (D) 494 8,499 4,926 5,241 76,760 22,379 16,519 12,673 14,036 3,693 7,461 87,283 28,043 167,649 32,225 61,311 22,344 156,685 22,946 58,123 57,287 325,706 42,415 30,933 252,357 65,984 186,374 (D) (D) 14,137 3,866 2,617 558 9,139 (D) 5,250 82,296 24,588 16,782 12,827 14,551 3,777 9,772 87,655 33,855 181,526 34,814 65,947 23,471 162,650 24,121 62,194 59,403 330,805 43,209 30,980 256,616 69,535 187,082 15,735 4,295 1,867 628 9,752 (D) 5,572 87,091 26,909 17,198 12,085 14,269 4,347 12,284 92,259 35,850 199,928 37,279 71,001 24,766 168,968 25,340 66,453 62,194 333,977 43,464 31,384 259,129 70,830 188,299 N ote. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. Regional Quarterly Report 74 November 2013 Table 5. Personal Income by Major Source and [Millions of dollars, United States Item Line 2012 lllr 2013 IV' Alaska Alabama V 2012 IIP III' 2012 2013 IVr r IIP 2013 III1 IV' lr IIP Income by place of residence Personal income (lines 2 -9 )........................................................................ 1 13,683,809 14,055,505 13,872,543 14,006,152 171,949 176,378 174,826 175,913 36,123 36,649 36,441 36,642 2 3 9,792,787 10,016,935 10,028,929 10,090,164 945,884 966,352 1,091,983 1,098,489 114,428 11,852 116,773 12,093 117,310 13,783 117,875 13,853 29,035 2,744 29,128 2,757 29,325 3,110 29,451 3,115 4 5 6 7 8 9 434,608 511,276 3,398 8,850,301 2,469,132 2,364,376 443,236 523,116 3,335 9,053,917 2,613,644 2,387,944 567,103 524,880 3,382 8,940,328 2,506,226 2,425,989 570,802 527,687 3,362 8,995,037 2,581,736 2,429,379 5,707 6,145 2,023 104,599 28,643 38,707 5,814 6,279 2,067 106,747 30,241 39,390 7,472 6,311 2,057 105,585 29,086 40,155 7,515 6,339 2,075 106,096 29,897 39,921 1,166 1,579 -1,825 24,465 6,402 5,255 1,166 1,591 -1,847 24,524 6,737 5,388 1,504 1,605 -1,809 24,405 6,499 5,537 1,508 1,607 -1,825 24,510 6,676 5,456 10 11 12 13 14 15 16 6,895,456 1,679,452 1,168,176 511,276 1,217,879 73,187 1,144,692 7,076,996 1,694,096 1,170,980 523,116 1,245,843 72,811 1,173,032 7,030,424 1,701,134 1,176,254 524,880 1,297,371 99,743 1,197,628 7,085,535 1,709,427 1,181,740 527,687 1,295,202 81,544 1,213,658 80,500 19,844 13,698 6,145 14,084 682 13,402 82,432 19,959 13,680 6,279 14,382 599 13,783 82,274 20,059 13,748 6,311 14,978 919 14,059 82,855 20,143 13,804 6,339 14,877 613 14,264 19,606 6,157 4,579 1,579 3,271 4 3,268 19,708 6,082 4,490 1,591 3,338 3 3,335 19,750 6,143 4,537 1,605 3,431 6 3,425 19,827 6,146 4,539 1,607 3,478 5 3,473 1/ 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 3b 36 37 38 39 40 41 42 43 44 96,370 9,696,416 7,977,912 27,898 168,207 80,047 512,107 969,318 615,844 353,474 501,720 584,202 330,637 314,054 686,036 180,996 964,847 258,722 391,321 164,964 1,076,000 105,191 305,975 355,669 1,718,504 300,142 142,496 1,275,867 95,988 9,920,947 8,202,265 28,229 170,928 80,945 531,664 978,330 620,406 357,923 516,112 593,307 335,350 321,288 726,549 187,841 1,020,281 274,536 400,360 167,150 1,088,641 107,226 311,898 361,629 1,718,682 298,956 141,179 1,278,546 123,166 9,905,762 8,188,141 29,654 170,337 82,408 547,678 981,932 623,324 358,608 513,122 594,295 340,596 319,477 695,887 186,762 996,882 266,953 402,402 167,607 1,106,888 106,096 315,100 364,066 1,717,621 298,337 143,146 1,276,138 105,173 9,984,991 8,269,894 30,410 173,918 82,706 555,858 989,258 628,932 360,325 519,300 597,634 342,060 322,957 704,206 189,792 1,010,355 269,633 408,837 166,781 1,113,685 107,736 318,457 366,312 1,715,097 295,996 143,489 1,275,612 890 113,538 88,605 663 898 1,658 6,944 15,609 10,253 5,356 5,318 7,804 3,734 1,573 5,735 1,817 9,308 1,577 3,907 969 12,097 440 3,273 5,284 24,934 5,938 1,874 17,121 806 115,967 90,922 672 881 1,664 7,297 16,072 10,564 5,508 5,381 7,929 3,822 1,592 5,971 1,914 9,540 1,772 4,041 980 12,282 436 3,312 5,364 25,044 5,919 1,857 17,269 1,128 116,183 91,273 705 878 1,717 7,433 16,021 10,504 5,517 5,482 7,913 3,890 1,564 6,021 1,864 9,527 1,560 4,007 993 12,469 449 3,356 5,424 24,909 5,918 1,876 17,116 824 117,051 92,192 723 902 1,742 7,585 16,181 10,620 5,561 5,526 7,943 3,897 1,588 6,091 1,884 9,624 1,581 4,071 986 12,520 462 3,418 5,467 24,859 5,886 1,863 17,110 8 29,026 19,758 254 2,571 297 2,131 809 172 637 457 1,548 1,718 516 825 563 1,929 172 818 141 3,055 148 943 862 9,268 1,698 2,234 5,336 8 29,120 20,021 251 2,638 294 2,148 820 176 644 476 1,581 1,718 517 816 585 1,975 210 818 138 3,070 142 961 863 9,098 1,671 2,199 5,228 11 29,313 20,163 280 2,634 297 2,205 860 189 671 474 1,566 1,711 502 746 583 2,008 270 826 148 3,052 152 974 873 9,150 1,625 2,227 5,298 10 29,441 20,345 287 2,696 299 2,227 878 192 686 479 1,577 1,706 507 758 592 2,027 272 826 147 3,066 152 970 879 9,096 1,588 2,213 5,295 Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)...................................... Less: Contributions for government social insurance 2............................... Employee and self-employed contributions for government social insurance......................................................................................... Employer contributions for government social insurance..................... Plus: Adjustment for residence3.................................................................. Equals: Net earnings by place of residence................................................ Plus: Dividends, interest, and rent4.... Plus: Personal current transfer receipts Earnings by place of work Components of earnings: Wages and salaries................................................................................. Supplements to wages and salaries........................................................ Employer contributions for employee pension and insurance funds..... Employer contributions for government social insurance..................... Proprietors’ income 5............................................................................... Farm proprietors’ income.................................................................... Nonfarm proprietors’ income............................................................... Earnings by industry Farm earnings............................................................................................. Nonfarm earnings........................................................................................ Private earnings...................................................................................... Forestry, fishing, and related activities................................................ Mining.................................................................................................. Utilities................................................................................................. Construction........................................................................................ Manufacturing...................................................................................... Durable goods................................................................................. Nondurable goods........................................................................... Wholesale trade.................................................................................. Retail trade.......................................................................................... Transportation and warehousing......................................................... Information.......................................................................................... Finance and insurance........................................................................ Real estate and rental and leasing...................................................... Professional, scientific, and technical services..................................... Management of companies and enterprises....................................... Administrative and waste management services................................. Educational services........................................................................... Health care and social assistance....................................................... Arts, entertainment, and recreation..................................................... Accommodation and food services..................................................... Other services, except public administration....................................... Government and government enterprises................................................ Federal, civilian.................................................................................... Military................................................................................................. State and local..................................................................................... See the footnotes at the end of the table. November 2013 S urvey of 75 C u r r e n t B u s in e s s Earnings by Industry, 2012:111—2013:ll1—Continues seasonally adjusted at annual rates] Arizona Arkansas 2012 2013 California 2012 2013 l!lr IV' lr Up lllr IVr I' 235,748 243,580 239,461 243,143 104,071 106,760 105,761 162,753 16,489 7,766 8,723 778 147,042 41,615 47,092 166,377 16,839 7,917 8,922 810 150,348 44,335 48,897 166,359 19,087 10,142 8,946 787 148,058 42,313 49,090 167,890 19,239 10,227 9,011 789 149,440 43,738 49,964 67,734 7,214 3,409 3,804 -244 60,276 19,340 24,455 69,165 7,357 3,471 3,887 -240 61,568 20,517 24,674 118,273 26,697 17,974 8,723 17,783 323 17,460 121,290 26,877 17,956 8,922 18,210 290 17,920 120,675 26,986 18,040 8,946 18,698 458 18,240 121,851 27,162 18,150 9,011 18,877 350 18,527 47,556 11,743 7,939 3,804 8,435 1,670 6,765 731 162,023 132,687 448 1,366 1,572 9,092 13,492 11,563 1,929 8,445 12,427 5,174 3,274 11,262 4,456 13,057 2,372 9,318 2,845 20,161 1,868 6,193 5,864 29,336 5,468 2,197 21,671 698 165,679 136,354 445 1,389 1,616 9,528 13,555 11,564 1,992 9,709 12,295 5,196 3,300 11,786 4,553 13,441 2,778 9,471 2,890 20,341 1,813 6,297 5,949 29,325 5,427 2,167 21,731 871 165,488 136,271 440 1,390 1,630 9,593 13,673 11,686 1,987 8,383 12,359 5,186 3,401 12,123 4,505 13,578 2,695 9,700 2,859 20,514 1,863 6,391 5,987 29,218 5,400 2,178 21,639 766 167,124 137,924 451 1,440 1,632 9,856 13,774 11,757 2,017 8,512 12,445 5,198 3,401 12,355 4,588 13,827 2,708 9,864 2,836 20,679 1,892 6,449 6,017 29,200 5,446 2,209 21,544 1,917 65,817 53,496 478 1,148 867 3,707 8,702 4,555 4,147 3,547 4,739 3,490 1,054 2,592 1,048 3,221 3,600 2,036 551 8,062 271 1,845 2,536 12,321 1,827 897 9,597 IIP III' 2012 2013 IVr IV' 106,347 1,764,498 1,833,113 1,777,659 1,793,950 236,296 244,689 69,755 8,376 4,462 3,914 -241 61,139 19,545 25,078 69,815 1,268,518 1,318,818 1,286,671 1,295,365 8,417 122,197 136,104 117,295 135,286 4,487 58,921 73,414 73,884 56,691 3,931 60,604 63,275 62,220 61,873 -240 -437 -292 -299 -289 61,157 1,150,924 1,196,184 1,151,095 1,158,969 20,138 340,648 359,926 347,069 357,649 25,052 277,004 279,495 277,332 272,926 175,211 16,428 7,305 9,123 521 159,304 46,762 30,230 48,735 11,947 8,060 3,887 8,484 1,579 6,905 48,666 12,026 8,112 3,914 9,063 2,038 7,026 48,999 12,082 8,152 3,931 8,734 1,612 7,122 915,857 223,184 160,964 62,220 156,323 8,555 147,768 1,825 67,340 54,727 501 1,127 846 3,765 8,741 4,521 4,220 3,606 4,832 3,540 1,033 2,867 1,063 3,321 3,891 2,075 585 8,143 267 1,885 2,640 12,613 1,833 901 9,880 2,287 67,469 54,953 528 1,098 892 3,787 8,780 4,567 4,213 3,667 4,797 3,611 1,045 2,553 1,055 3,325 3,985 2,121 561 8,352 278 1,896 2,621 12,516 1,802 923 9,791 1,863 16,062 15,856 14,542 13,395 67,952 1,252,457 1,302,962 1,272,129 1,281,970 55,461 1,020,554 1,070,645 1,042,387 1,052,331 541 7,793 8,558 7,676 8,348 1,120 7,347 7,244 7,277 7,148 910 9,764 9,709 10,188 10,310 60,982 3,840 56,268 58,486 60,189 8,830 127,341 125,311 123,792 122,806 4,609 85,321 84,119 84,820 87,040 4,221 39,991 38,687 38,971 40,301 3,696 62,224 63,227 60,603 62,458 4,862 73,968 75,126 74,591 74,900 3,632 35,570 35,956 36,805 37,105 67,514 1,058 65,199 68,684 69,209 2,578 76,273 74,184 72,960 73,159 1,067 28,133 28,083 26,883 27,653 185,442 161,254 3,358 154,450 159,327 4,022 26,361 28,196 28,431 28,046 2,172 52,981 53,791 55,250 54,576 563 19,824 20,139 20,041 19,981 8,392 117,900 121,511 120,820 121,526 279 20,370 21,553 20,426 20,503 1,911 39,356 39,966 40,649 41,260 2,628 46,275 46,622 45,733 46,351 232,317 229,742 229,639 12,490 231,902 1,780 26,328 26,360 26,190 26,233 929 16,069 15,809 15,974 15,976 9,781 189,473 190,180 187,430 187,578 939,085 225,516 162,240 63,275 154,217 11,110 143,107 r 908,836 222,156 160,283 61,873 155,679 9,744 145,934 IIP 2012 2013 lllr 895,691 221,848 161,244 60,604 150,980 11,314 139,665 Connecticut Colorado 2012 r 2013 r Line IIP III' IVr IIP 240,537 242,934 212,665 219,167 215,657 217,504 1 180,903 16,918 7,523 9,396 528 164,512 49,469 30,708 180,018 18,937 9,548 9,389 523 161,604 47,389 31,544 181,377 19,069 9,621 9,448 527 162,836 48,803 31,295 147,355 13,267 6,083 7,185 4,037 138,125 44,854 29,686 150,821 13,550 6,206 7,344 4,365 141,635 47,465 30,067 150,454 15,276 7,919 7,358 3,889 139,066 45,569 31,021 151,558 15,344 7,955 7,389 3,946 140,160 46,958 30,386 2 3 4 5 6 7 8 9 124,660 26,624 17,501 9,123 23,927 757 23,170 129,160 27,189 17,793 9,396 24,553 776 23,777 127,338 27,162 17,774 9,389 25,517 1,245 24,273 128,467 27,334 17,886 9,448 25,575 930 24,646 103,481 23,870 16,685 7,185 20,004 15 19,990 106,118 24,190 16,846 7,344 20,513 8 20,505 105,165 24,201 16,843 7,358 21,088 29 21,059 105,790 24,309 16,920 7,389 21,460 15 21,445 10 11 12 13 14 15 16 1,176 174,036 144,522 286 7,756 1,154 10,051 11,229 7,815 3,414 8,975 9,788 4,942 9,721 11,425 2,703 21,621 5,220 7,103 2,032 15,672 2,175 6,223 6,447 29,513 5,604 4,072 19,837 1,195 179,707 150,155 288 7,876 1,340 10,643 11,563 7,965 3,598 9,171 9,940 5,153 9,718 11,912 2,857 22,074 7,205 7,195 2,060 16,039 2,193 6,320 6,609 29,553 5,589 4,049 19,915 1,668 178,349 148,512 315 7,851 1,230 10,979 11,332 7,765 3,567 9,207 9,987 5,269 9,833 11,917 2,915 22,484 4,634 7,256 2,109 15,932 2,218 6,451 6,592 29,837 5,553 4,149 20,136 1,357 180,020 150,130 323 7,985 1,231 11,267 11,405 7,831 3,574 9,294 10,027 5,214 9,981 12,074 2,902 22,864 4,672 7,381 2,103 16,026 2,261 6,467 6,653 29,890 5,482 4,167 20,241 156 147,199 127,149 53 188 1,162 7,098 17,132 12,909 4,223 6,962 8,123 2,861 3,931 22,782 2,311 13,079 5,597 5,195 4,158 17,237 1,027 3,379 4,874 20,051 1,772 885 17,393 148 150,673 130,200 57 189 1,228 7,276 17,401 13,140 4,261 7,109 8,281 2,939 4,080 23,714 2,429 13,493 5,894 5,151 4,221 17,308 1,068 3,436 4,926 20,473 1,759 882 17,833 171 150,283 129,945 61 190 1,237 7,548 17,632 13,261 4,371 7,110 8,331 2,841 4,029 22,338 2,471 13,391 6,204 5,143 4,298 17,640 1,077 3,461 4,945 20,337 1,762 900 17,675 158 151,400 131,052 62 193 1,244 7,787 17,730 13,322 4,408 7,167 8,375 2,853 4,073 22,612 2,507 13,520 6,060 5,252 4,294 17,773 1,093 3,495 4,963 20,348 1,744 906 17,698 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Regional Quarterly Report 76 November 2013 Table 5. Personal Income by Major Source and [Millions of dollars, Delaware Item Line District of Columbia 2012 2013 2012 Florida 2013 I' 2012 IIP III' 2013 III' IV' lr IIP III' IV' IV' I' IIP 1 40,192 41,690 41,038 41,446 47,056 48,074 47,661 48,107 789,239 816,035 799,838 811,525 2 3 30,638 2,935 31,880 3,058 31,587 3,397 31,761 3,416 82,593 7,370 83,808 7,471 84,260 8,418 84,337 8,403 469,236 48,865 479,709 49,922 481,728 56,941 485,365 57,312 4 5 6 7 8 9 1,335 1,600 -2,341 25,362 7,007 7,822 1,392 1,666 -2,536 26,287 7,443 7,960 1,750 1,647 -2,363 25,827 7,139 8,072 1,761 1,655 -2,387 25,958 7,375 8,113 3,064 4,307 -41,393 33,830 7,526 5,701 3,108 4,363 -41,888 34,449 7,951 5,674 4,013 4,405 -41,657 34,186 7,648 5,827 4,012 4,390 -41,533 34,402 7,892 5,814 23,199 25,666 2,129 422,499 210,711 156,028 23,625 26,296 2,184 431,971 224,997 159,067 30,435 26,506 2,132 426,918 212,593 160,327 30,652 26,660 2,150 430,204 219,425 161,895 10 11 12 13 14 15 16 21,728 5,337 3,737 1,600 3,573 142 3,431 22,729 5,499 3,834 1,666 3,651 134 3,517 22,200 5,453 3,806 1,647 3,935 331 3,603 22,369 5,482 3,827 1,655 3,911 260 3,651 60,752 16,016 11,710 4,307 5,825 0 5,825 61,808 15,978 11,615 4,363 6,023 0 6,023 61,980 16,149 11,745 4,405 6,131 0 6,131 62,051 16,077 11,687 4,390 6,208 0 6,208 346,215 78,320 52,654 25,666 44,701 1,276 43,424 354,714 79,234 52,938 26,296 45,761 1,214 44,547 354,915 79,889 53,383 26,506 46,923 1,485 45,438 357,914 80,322 53,662 26,660 47,130 1,105 46,024 1/ 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 178 30,460 25,676 170 31,710 26,653 367 31,220 26,233 296 31,465 26,483 0 82,593 48,916 0 83,808 50,160 0 84,260 50,457 0 84,337 50,862 2,249 466,986 387,048 1,834 689 2,953 22,971 23,021 15,764 7,258 27,259 36,809 15,674 12,721 33,198 10,171 43,558 10,536 25,130 7,005 61,103 10,102 22,144 20,168 79,939 13,175 7,341 59,423 2,188 477,521 397,545 1,783 753 2,928 23,981 23,413 15,996 7,417 27,725 37,588 15,932 13,118 34,836 10,432 45,443 10,968 26,039 7,192 61,680 10,266 22,664 20,804 79,976 13,180 7,321 59,474 2,470 479,257 399,172 1,705 686 2,977 24,501 23,373 16,147 7,227 28,112 37,634 16,149 12,759 34,480 10,470 45,365 10,849 25,906 7,215 63,142 10,045 23,030 20,774 80,086 13,151 7,452 59,483 2,099 483,266 403,296 1,748 698 3,010 24,733 23,521 16,284 7,237 28,412 37,972 16,141 12,957 34,879 10,721 46,002 10,968 26,584 7,168 63,439 10,195 23,241 20,907 79,970 13,000 7,474 59,497 Income by place of residence Personal income (lines 2 -9 )........................................................................ Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)...................................... Less: Contributions for government social insurance 2............................... Employee and self-employed contributions for government social insurance......................................................................................... Employer contributions for government social insurance..................... Plus: Adjustment for residence3.................................................................. Equals: Net earnings by place of residence................................................ Plus: Dividends, interest, and rent4............................................................ Plus: Personal current transfer receipts....................................................... Earnings by place of work Components of earnings: Wages and salaries................................................................................. Supplements to wages and salaries........................................................ Employer contributions for employee pension and insurance funds..... Employer contributions for government social insurance..................... Proprietors’ income 5............................................................................... Farm proprietors’ income.................................................................... Nonfarm proprietors’ income............................................................... Earnings by industry Farm earnings............................................................................................. Nonfarm earnings........................................................................................ Private earnings...................................................................................... Forestry, fishing, and related activities................................................ Mining.................................................................................................. Utilities................................................................................................. Construction........................................................................................ Manufacturing...................................................................................... Durable goods................................................................................. Nondurable goods........................................................................... Wholesale trade.................................................................................. Retail trade.......................................................................................... Transportation and warehousing......................................................... Information.......................................................................................... Finance and insurance........................................................................ Real estate and rental and leasing...................................................... Professional, scientific, and technical services.................................... Management of companies and enterprises....................................... Administrative and waste management services................................ Educational services........................................................................... Health care and social assistance....................................................... Arts, entertainment, and recreation..................................................... Accommodation and food services..................................................... Other services, except public administration....................................... Government and government enterprises............................................... Federal, civilian.................................................................................... Military................................................................................................. State and local..................................................................................... See the footnotes at the end of the table. (D) (D) (D) (D) (D) (D) (D) (D) 280 1,565 1,980 830 1,150 1,283 1,826 751 910 4,127 819 3,613 1,088 1,031 341 3,878 353 841 928 4,784 531 471 3,782 281 1,609 2,034 833 1,201 1,311 1,848 756 921 4,191 831 4,178 1,153 1,056 342 3,949 355 842 932 5,057 541 470 4,046 296 300 1,729 2,001 847 1,155 1,250 1,869 758 928 4,373 847 3,664 1,025 1,116 329 4,052 360 861 953 4,982 530 486 3,966 1,716 1,984 838 1,146 1,237 1,860 760 921 4,322 836 3,615 1,014 1,099 331 4,025 354 851 947 4,987 538 482 3,967 (L) 11 239 1,249 130 45 85 662 817 423 2,428 2,634 968 19,608 463 2,594 2,979 4,527 550 2,263 6,371 33,677 28,751 1,440 3,487 (L) 11 240 1,269 134 45 89 667 864 373 2,504 2,905 974 20,006 572 2,669 3,012 4,636 490 2,329 6,504 33,648 28,579 1,450 3,618 (L) 12 254 1,208 137 47 91 692 887 371 2,596 2,821 975 20,245 461 2,597 3,134 4,665 486 2,370 6,545 33,803 28,663 1,481 3,659 (L) 12 256 1,191 139 47 92 700 881 362 2,609 2,877 990 20,508 471 2,613 3,087 4,690 486 2,413 6,576 33,475 28,362 1,468 3,644 November 2013 Survey of 77 C u r r e n t B u s in e s s Earnings by Industry, 2012:111-2013:ll1—Continues seasonally adjusted at annual rates] Georgia Hawaii 2012 2013 Idaho 2012 2013 III' IVr lr IIP 371,247 379,413 376,537 378,794 61,922 63,783 63,205 269,084 25,767 11,941 13,826 -1,090 242,227 63,502 65,519 274,757 26,300 12,163 14,137 -1,101 247,356 67,279 64,778 277,299 30,091 15,749 14,342 -1,146 246,062 64,303 66,173 278,882 30,278 15,857 14,421 -1,150 247,453 66,207 65,134 43,947 4,615 1,956 2,660 0 39,331 13,420 9,172 44,702 4,696 1,985 2,711 0 40,006 14,028 9,750 194,712 45,225 31,400 13,826 29,146 2,989 26,158 199,380 45,578 31,441 14,137 29,798 2,930 26,869 200,509 46,194 31,852 14,342 30,596 3,216 27,380 202,147 46,414 31,993 14,421 30,322 2,570 27,751 30,550 9,210 6,551 2,660 4,187 119 4,068 3,362 265,722 216,777 766 530 2,352 12,410 25,056 12,286 12,769 18,044 16,352 12,525 11,119 16,399 5,162 25,935 6,572 12,997 4,230 26,155 2,121 8,591 9,462 48,944 10,018 7,241 31,685 3,303 271,454 222,307 800 552 2,374 12,879 25,422 12,514 12,908 18,490 16,595 12,519 11,575 17,163 5,277 26,663 7,071 13,302 4,318 26,655 2,178 8,733 9,739 49,147 9,957 7,208 31,982 3,593 273,706 224,658 871 564 2,380 13,090 25,789 12,817 12,972 18,666 16,652 13,761 11,313 16,840 5,328 26,345 6,786 13,771 4,344 27,363 2,241 8,777 9,778 49,048 9,918 7,381 31,748 2,951 275,932 227,045 893 575 2,399 13,286 25,930 12,883 13,047 18,915 16,739 13,866 11,446 17,000 5,405 26,764 6,924 14,043 4,316 27,585 2,265 8,859 9,835 48,886 9,726 7,404 31,757 266 43,680 29,256 55 40 511 3,092 792 258 534 1,198 2,657 1,604 694 1,352 1,329 2,601 742 1,934 730 4,081 439 3,746 1,659 14,424 3,510 5,019 5,895 lllr IVr lr Illinois 2012 IIP 2013 III' IVr lr 63,919 54,769 56,275 56,194 45,006 5,311 2,568 2,744 0 39,695 13,680 9,830 45,283 5,335 2,581 2,754 0 39,948 14,026 9,945 37,104 3,994 1,725 2,270 1,046 34,156 10,454 10,159 37,625 4,046 1,742 2,304 1,067 34,646 11,145 10,484 31,177 9,235 6,524 2,711 4,289 106 4,183 31,321 9,340 6,596 2,744 4,346 85 4,261 31,519 9,369 6,615 2,754 4,395 68 4,327 24,159 6,245 3,976 2,270 6,700 1,872 4,828 254 44,448 30,095 58 41 519 3,234 799 255 544 1,215 2,706 1,638 697 1,394 1,357 2,654 843 2,001 752 4,266 434 3,792 1,695 14,353 3,496 4,992 5,864 234 44,772 30,389 62 38 552 3,275 811 258 553 1,238 2,722 1,663 687 1,377 1,383 2,687 793 1,996 748 4,280 458 3,911 1,708 14,384 3,436 5,083 5,864 219 45,064 30,703 64 39 556 3,342 815 262 552 1,253 2,725 1,666 692 1,404 1,408 2,719 799 2,004 739 4,285 468 3,993 1,733 14,360 3,404 5,087 5,869 2,416 34,688 27,850 433 294 319 2,191 3,694 2,334 1,360 1,803 2,922 1,217 603 1,813 482 2,749 618 1,497 389 4,182 246 1,066 1,330 6,838 1,127 498 5,214 Indiana 2012 IIP 2013 2012 III1 IVr lr IIP 56,409 586,741 601,920 595,317 602,394 38,343 4,620 2,269 2,351 1,052 34,775 10,618 10,802 38,278 4,651 2,285 2,365 1,056 34,684 10,967 10,759 434,902 40,805 18,080 22,725 -1,918 392,180 105,713 88,848 442,342 41,591 18,376 23,216 -1,929 398,821 112,508 90,591 443,455 46,768 23,494 23,275 -1,850 394,837 107,316 93,164 24,528 6,269 3,965 2,304 6,828 1,876 4,951 24,815 6,382 4,032 2,351 7,145 2,054 5,092 25,025 6,419 4,054 2,365 6,834 1,664 5,170 313,151 77,069 54,344 22,725 44,683 3,753 40,930 320,123 77,693 54,477 23,216 44,525 2,550 41,976 2,421 35,204 28,370 417 306 331 2,268 3,791 2,347 1,443 1,826 2,976 1,242 587 1,841 493 2,825 633 1,518 397 4,241 244 1,078 1,358 6,834 1,113 495 5,225 2,604 35,739 28,888 456 304 340 2,356 3,807 2,355 1,452 1,853 3,015 1,254 583 1,887 496 2,866 592 1,545 367 4,453 247 1,090 1,377 6,850 1,092 505 5,253 2,220 36,059 29,207 468 312 343 2,387 3,850 2,384 1,467 1,888 3,041 1,249 590 1,926 506 2,885 597 1,574 362 4,485 255 1,101 1,387 6,851 1,098 506 5,247 4,231 430,671 365,841 422 1,429 3,655 19,177 50,305 29,216 21,088 28,394 22,879 18,846 10,261 36,701 6,137 48,229 14,462 18,976 8,967 44,449 3,972 12,086 16,494 64,830 8,432 2,662 53,736 3,030 439,312 374,631 417 1,450 3,637 19,606 51,252 30,038 21,214 28,834 22,732 18,931 10,462 39,960 6,281 49,157 15,289 19,477 9,268 44,809 4,179 12,301 16,589 64,681 8,413 2,566 53,702 nr 2013 Line IV' I' IIP 250,536 253,389 253,727 255,365 1 446,097 47,056 23,647 23,409 -1,853 397,188 110,838 94,368 175,804 17,889 8,404 9,486 4,640 162,555 37,042 50,940 177,976 18,119 8,492 9,626 4,738 164,596 39,152 49,641 180,989 20,781 11,017 9,763 4,633 164,841 37,625 51,260 181,941 20,916 11,095 9,821 4,661 165,687 38,728 50,949 2 3 4 5 6 7 8 9 317,894 77,798 54,523 23,275 47,764 5,001 42,762 320,383 78,188 54,779 23,409 47,525 4,239 43,286 124,522 31,529 22,043 9,486 19,753 2,371 17,382 126,521 31,722 22,095 9,626 19,733 2,010 17,724 127,485 32,199 22,436 9,763 21,305 3,216 18,089 128,553 32,410 22,590 9,821 20,978 2,724 18,254 10 11 12 13 14 15 16 5,486 437,969 373,674 445 1,421 3,613 19,726 51,090 29,371 21,720 29,079 23,366 19,030 10,378 36,426 6,287 50,531 14,932 19,447 9,176 45,574 3,913 12,421 16,820 64,295 8,378 2,585 53,332 4,728 441,368 377,185 457 1,451 3,644 19,881 51,218 29,600 21,618 29,501 23,407 19,184 10,473 36,899 6,402 51,346 15,137 19,731 9,126 45,876 3,985 12,521 16,945 64,183 8,314 2,648 53,221 2,751 173,054 148,693 392 1,083 1,742 10,922 37,276 25,724 11,552 8,566 10,823 7,578 2,612 7,691 2,256 9,865 3,027 6,778 2,689 22,110 1,734 4,834 6,714 24,361 3,533 783 20,045 2,389 175,587 151,372 393 1,081 1,727 11,054 38,024 26,279 11,745 8,746 11,082 7,642 2,638 8,020 2,306 10,009 3,110 6,890 2,729 22,400 1,759 4,897 6,865 24,215 3,531 769 19,915 3,600 177,390 153,114 426 1,108 1,797 11,467 38,139 25,837 12,302 8,932 10,981 7,793 2,619 7,816 2,330 10,161 3,193 6,952 2,732 23,013 1,797 4,935 6,924 24,275 3,558 779 19,938 3,111 178,831 154,578 437 1,132 1,814 11,478 38,605 26,235 12,370 9,018 11,086 7,897 2,630 7,934 2,367 10,265 3,225 7,100 2,697 23,103 1,850 4,982 6,958 24,253 3,536 781 19,936 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 November 2013 Regional Quarterly Report 78 Table 5. Personal Income by Major Source and [Millions of dollars, Iowa Item Line III' 2012 2013 IV'' Kentucky Kansas 2012 lr IIP III' 2012 2013 IVr r IIP III' 2013 IV' I' IIP Income by place of residence Personal income (lines 2 -9 )........................................................................ 1 134,486 137,426 139,784 139,259 122,740 126,467 125,971 126,634 155,639 158,050 158,144 158,905 2 3 97,516 9,387 99,087 9,499 103,249 10,851 102,363 10,923 87,720 8,830 90,229 9,019 91,703 10,195 91,673 10,249 109,343 11,309 110,555 11,418 112,269 13,102 112,587 13,139 4 5 6 7 8 9 4,371 5,015 1,312 89,441 22,607 22,437 4,416 5,083 1,353 90,940 23,723 22,763 5,709 5,142 1,333 93,732 22,954 23,098 5,752 5,171 1,331 92,771 23,548 22,939 4,087 4,743 1,341 80,231 23,040 19,469 4,165 4,855 1,369 82,579 24,417 19,472 5,330 4,865 1,326 82,835 23,316 19,821 5,361 4,888 1,341 82,764 24,022 19,848 5,244 6,065 -2,085 95,949 23,664 36,026 5,278 6,140 -2,034 97,102 24,927 36,021 6,856 6,245 -2,099 97,068 24,028 37,048 6,880 6,259 -2,083 97,365 24,688 36,853 10 11 12 13 14 15 16 62,184 16,217 11,202 5,015 19,115 6,747 12,367 63,196 16,329 11,246 5,083 19,561 6,896 12,665 63,454 16,527 11,385 5,142 23,269 10,371 12,898 64,008 16,627 11,456 5,171 21,727 8,760 12,968 60,215 14,431 9,687 4,743 13,074 1,125 11,949 61,726 14,467 9,613 4,855 14,036 1,860 12,176 61,356 14,540 9,675 4,865 15,807 3,454 12,353 61,802 14,602 9,714 4,888 15,269 2,812 12,457 76,774 21,289 15,224 6,065 11,280 480 10,800 77,713 21,296 15,156 6,140 11,545 515 11,030 78,401 21,635 15,390 6,245 12,233 985 11,248 78,777 21,694 15,434 6,259 12,116 750 11,366 1/ 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 7,405 90,111 75,041 423 162 783 5,788 17,641 8,942 8,699 5,124 5,838 3,734 1,869 7,882 921 4,095 1,507 2,611 1,291 9,466 460 2,221 3,225 15,071 1,514 445 13,111 7,552 91,534 76,391 427 164 783 6,111 17,791 9,001 8,790 5,247 5,951 3,813 1,770 7,968 949 4,319 1,688 2,629 1,319 9,483 448 2,271 3,260 15,143 1,516 441 13,187 11,034 92,216 77,056 448 160 813 6,223 18,009 9,138 8,871 5,270 5,926 3,845 1,835 8,076 959 4,274 1,475 2,622 1,322 9,748 422 2,330 3,298 15,160 1,510 444 13,205 9,429 92,934 77,811 460 162 819 6,236 18,137 9,243 8,894 5,364 5,953 3,857 1,850 8,266 978 4,344 1,502 2,670 1,307 9,826 435 2,347 3,299 15,123 1,498 444 13,181 1,600 86,120 69,455 421 2,444 1,041 4,389 12,793 7,368 5,425 4,693 5,074 3,368 2,416 5,004 1,036 5,492 1,446 3,686 756 9,471 421 2,297 3,209 16,665 2,337 2,867 11,460 2,335 87,894 71,435 426 2,468 1,100 4,553 12,811 7,347 5,465 5,109 5,133 3,434 2,468 5,211 1,060 5,884 1,654 3,787 770 9,530 431 2,347 3,257 16,459 2,305 2,831 11,322 3,934 87,769 71,216 460 2,480 1,100 4,548 12,938 7,432 5,506 4,806 5,098 3,482 2,444 4,975 1,075 5,936 1,588 3,820 776 9,665 453 2,340 3,233 16,553 2,296 2,892 11,365 3,297 88,376 71,899 472 2,524 1,112 4,591 13,051 7,528 5,523 4,863 5,114 3,500 2,476 5,035 1,089 6,044 1,608 3,866 774 9,708 463 2,360 3,250 16,478 2,246 2,900 11,332 795 108,548 85,671 321 2,145 708 5,550 15,702 10,095 5,607 5,278 7,015 5,781 1,792 5,646 1,382 5,809 2,156 3,896 1,079 13,604 621 3,359 3,826 22,877 3,358 4,351 15,169 829 109,726 86,990 339 2,100 710 5,641 16,054 10,270 5,784 5,324 7,070 5,830 1,812 5,612 1,393 5,959 2,387 4,034 1,106 13,695 635 3,435 3,853 22,735 3,332 4,287 15,116 1,303 110,966 88,175 352 2,036 712 5,850 16,498 10,750 5,747 5,366 7,103 5,914 1,787 5,617 1,389 6,017 2,238 4,072 1,097 14,146 650 3,457 3,874 22,791 3,337 4,350 15,104 1,070 111,517 88,738 361 2,071 720 5,858 16,479 10,684 5,795 5,436 7,136 5,945 1,802 5,662 1,405 6,102 2,277 4,134 1,088 14,212 666 3,490 3,893 22,779 3,327 4,368 15,084 Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)....................................... Less: Contributions for government social insurance 2................................ Employee and self-employed contributions for government social insurance......................................................................................... Employer contributions for government social insurance..................... Plus: Adjustment for residence3.................................................................. Equals: Net earnings by place of residence................................................ Plus: Dividends, interest, and rent4............................................................ Plus: Personal current transfer receipts....................................................... Earnings by place of work Components of earnings: Wages and salaries................................................................................. Supplements to wages and salaries........................................................ Employer contributions for employee pension and insurance funds..... Employer contributions for government social insurance..................... Proprietors’ income 5............................................................................... Farm proprietors’ income.................................................................... Nonfarm proprietors’ income............................................................... Earnings by industry Farm earnings............................................................................................. Nonfarm earnings.................... Private earnings.................. Forestry, fishing, and related activities................................................ Mining............................. Utilities............................ Construction.................... Manufacturing...................................................................................... Durable goods.. Nondurable goods........................................................................... Wholesale trade... Retail trade.......... Transportation and warehousing......................................................... Information.......................................................................................... Finance and insurance........................................................................ Real estate and rental and leasing...................................................... Professional, scientific, and technical services.................................... Management of companies and enterprises....................................... Administrative and waste management services................................. Educational services.................. Health care and social assistance....................................................... Arts, entertainment, and recreation..................................................... Accommodation and food services..................................................... Other services, except public administration....................................... Government and government enterprises............................................... Federal, civilian........................... Military....................................... State and local............................ See the footnotes at the end of the table. November 2013 S urvey of 79 C u r r e n t B u s in e s s Earnings by Industry, 2012:111-2013:111—Continues seasonally adjusted al annual rates] Louisiana Maine 2012 2013 lr Maryland 2012 2013 2013 lllr IV' 185,536 186,726 185,180 187,617 53,308 54,086 53,898 54,252 316,199 321,303 129,930 11,109 5,434 5,675 -303 118,518 29,524 37,493 133,219 11,384 5,554 5,830 -320 121,515 31,015 34,195 132,910 12,949 7,110 5,839 -301 119,660 29,939 35,582 134,273 13,087 7,187 5,900 -313 120,874 30,697 36,047 34,557 3,586 1,749 1,837 1,122 32,094 9,174 12,040 34,946 3,622 1,763 1,860 1,173 32,496 9,660 11,930 35,394 4,176 2,287 1,889 1,134 32,352 9,325 12,220 35,636 4,199 2,300 1,899 1,143 32,580 9,584 12,088 209,605 20,779 9,168 11,611 27,188 216,015 59,325 40,859 211,340 20,905 9,202 11,703 27,747 218,182 62,280 40,841 88,243 21,513 15,838 5,675 20,174 1,558 18,616 90,737 21,853 16,022 5,830 20,629 1,437 19,191 90,231 21,893 16,054 5,839 20,786 1,238 19,548 91,327 22,069 16,169 5,900 20,878 1,003 19,874 24,235 6,304 4,467 1,837 4,018 87 3,931 24,556 6,319 4,459 1,860 4,071 69 4,002 24,745 6,411 4,522 1,889 4,238 140 4,097 24,921 6,445 4,546 1,899 4,270 114 4,156 149,229 37,052 25,441 11,611 23,325 350 22,975 1,750 128,180 104,446 505 7,639 1,082 10,599 12,887 5,365 7,522 5,586 8,242 6,342 1,685 4,661 3,118 8,928 2,149 4,466 1,771 13,951 1,310 4,413 5,112 23,735 2,905 2,416 18,414 1,628 131,591 107,786 513 7,993 1,090 11,502 13,098 5,535 7,563 5,912 8,402 6,585 1,682 4,842 3,172 9,225 2,429 4,623 1,767 14,020 1,171 4,552 5,207 23,805 2,920 2,390 18,494 1,431 131,479 107,715 536 7,785 1,100 11,748 13,100 5,553 7,547 5,905 8,374 6,649 1,658 4,874 3,256 9,414 2,451 4,714 1,804 13,216 1,250 4,551 5,331 23,765 2,923 2,434 18,407 1,198 133,075 109,378 550 7,969 1,111 12,175 13,247 5,627 7,620 6,015 8,459 6,669 1,690 4,900 3,321 9,584 2,468 4,764 1,798 13,311 1,255 4,680 5,410 23,698 2,891 2,434 18,373 177 34,381 27,993 159 34,787 28,393 231 35,164 28,769 205 35,431 29,034 502 209,103 156,596 115 225 1,830 14,228 9,739 5,508 4,231 7,849 11,371 4,871 7,111 11,759 4,063 29,511 3,050 8,138 4,332 23,055 1,898 5,705 7,749 52,507 22,673 4,134 25,700 IIP III1 (D) (D) 203 2,237 3,469 1,786 1,683 1,413 2,850 923 517 1,985 620 2,277 714 1,237 671 5,645 315 1,294 1,216 6,388 1,377 417 4,594 IV' lr (D) (D) 201 2,233 3,544 1,840 1,704 1,451 2,858 926 518 2,045 630 2,334 724 1,254 680 5,715 316 1,317 1,234 6,394 1,370 408 4,616 Massachusetts 2012 ll" III' (D) (D) (D) (D) 222 2,278 3,629 1,878 1,751 1,453 2,865 944 534 2,039 635 2,382 636 1,295 686 5,808 334 1,326 1,273 6,395 1,365 410 4,621 222 2,313 3,664 1,900 1,765 1,465 2,885 946 545 2,068 643 2,399 648 1,328 682 5,832 338 1,339 1,276 6,397 1,366 413 4,617 IV'r I' 2012 Michigan 2012 2013 IIP III' IV' 318,574 321,786 369,701 381,581 212,786 23,698 11,879 11,819 27,462 216,550 60,265 41,759 214,393 23,841 11,959 11,882 27,409 217,961 61,841 41,984 278,162 25,647 11,507 14,140 -6,756 245,759 67,630 56,311 285,485 26,300 11,783 14,516 -6,954 252,231 71,507 57,843 150,624 36,813 25,110 11,703 23,903 337 23,566 151,014 37,255 25,436 11,819 24,517 531 23,986 152,228 37,468 25,585 11,882 24,697 410 24,287 202,253 46,783 32,644 14,140 29,125 3 29,122 490 210,851 158,601 120 225 1,751 14,617 9,612 5,395 4,217 7,930 11,526 4,861 7,123 12,126 4,159 30,131 3,206 8,225 4,388 23,059 1,953 5,764 7,825 52,249 22,564 4,103 25,583 685 212,102 159,553 123 219 1,797 14,753 10,031 5,697 4,334 8,029 11,473 4,883 7,178 11,962 4,061 29,700 3,195 8,513 4,258 23,682 2,067 5,795 7,835 52,549 22,579 4,185 25,785 565 213,828 161,121 126 222 1,819 14,877 10,161 5,772 4,389 8,149 11,554 4,928 7,213 12,107 4,117 30,109 3,234 8,623 4,264 23,817 2,088 5,838 7,874 52,707 22,608 4,215 25,884 123 278,039 241,577 382 190 1,749 13,228 25,354 18,357 6,998 12,746 13,139 5,231 10,794 27,503 4,682 41,103 8,538 9,401 11,024 37,375 2,904 7,815 8,417 36,462 4,942 949 30,571 I' IIP III' 2013 IV' I' l.ine IIP 378,881 376,776 385,727 384,372 387,765 1 284,820 29,572 15,051 14,521 -6,787 248,462 68,697 58,139 287,268 29,763 15,155 14,608 -6,851 250,654 70,769 57,457 260,442 27,574 12,637 14,936 2,095 234,964 59,358 82,454 265,221 28,081 12,832 15,249 2,131 239,271 63,083 83,374 269,463 32,162 16,668 15,494 2,092 239,392 60,173 84,807 271,517 32,410 16,806 15,604 2,106 241,213 62,083 84,469 2 3 4 5 6 7 8 9 208,183 47,299 32,782 14,516 30,003 (L) 30,003 206,540 47,482 32,961 14,521 30,799 20 30,780 208,233 47,739 33,131 14,608 31,296 4 31,291 188,576 47,704 32,767 14,936 24,163 1,281 22,881 192,464 47,990 32,741 15,249 24,766 1,237 23,529 194,162 48,791 33,297 15,494 26,509 2,517 23,993 196,031 49,137 33,533 15,604 26,349 2,053 24,296 10 11 12 13 14 15 16 119 285,365 249,219 361 191 1,841 13,852 25,216 17,999 7,217 13,045 13,330 5,303 10,844 30,692 4,791 41,897 9,442 9,619 11,243 38,103 2,957 7,929 8,562 36,147 4,921 942 30,284 141 284,680 248,128 377 196 1,838 14,157 25,469 18,013 7,457 13,049 13,380 5,284 10,621 28,634 4,789 41,974 9,442 9,617 11,204 38,582 2,974 8,010 8,531 36,552 4,863 949 30,740 126 287,142 250,662 387 200 1,854 14,360 25,678 18,190 7,488 13,180 13,454 5,297 10,765 29,019 4,863 42,570 9,565 9,778 11,176 38,825 3,008 8,102 8,582 36,480 4,784 948 30,748 1,970 258,472 216,949 401 1,174 2,887 11,205 43,092 33,146 9,946 13,902 16,234 7,797 4,682 12,054 3,076 25,831 6,867 12,391 3,118 33,510 1,953 7,258 9,515 41,523 5,261 767 35,495 1,925 263,296 222,139 397 1,218 2,800 11,902 44,591 34,454 10,137 14,478 16,312 7,970 4,749 12,305 3,161 26,394 7,571 12,627 3,189 33,385 2,021 7,466 9,601 41,157 5,217 762 35,179 3,211 266,251 224,981 422 1,206 2,952 12,330 45,527 35,460 10,067 14,399 16,365 8,124 4,852 12,594 3,192 26,537 7,027 12,692 3,171 34,352 2,028 7,480 9,729 41,270 5,186 764 35,320 2,754 268,763 227,549 433 1,228 2,984 12,554 46,196 36,023 10,173 14,549 16,414 8,194 4,929 12,741 3,234 26,983 7,168 12,780 3,139 34,592 2,106 7,555 9,771 41,214 5,125 763 35,326 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 375,298 November 2013 Regional Quarterly Report 80 Table 5. Personal Income by Major Source and [Millions of dollars, Minnesota Item III 2013 IV'' Missouri Mississippi 2012 Line lr 2012 IIP lllr 2012 2013 IVr r Up lllr 2013 IVr r Up Income by place of residence 1 252,738 257,413 256,554 256,805 99,862 102,407 101,813 102,280 234,213 240,705 238,397 240,912 Less: Contributions for government social insurance 2................................ 2 3 190,421 19,124 192,738 19,379 195,752 22,160 195,476 22,226 64,319 6,634 65,304 6,712 66,071 7,713 66,243 7,751 169,771 16,691 173,578 17,053 174,842 19,298 175,969 19,434 Employee and self-employed contributions for government social insurance......................................................................................... Employer contributions for government social insurance..................... Plus: Adjustment for residence3.................................................................. Equials: Net earnings by place of residence................................................ Plus: Dividends, interest, and rent4............................................................ Plus: Personal current transfer receipts....................................................... 4 5 6 7 8 9 8,582 10,543 -1,194 170,103 43,093 39,542 8,678 10,701 -1,186 172,173 45,700 39,539 11,290 10,870 -1,189 172,403 43,678 40,473 11,326 10,900 -1,174 172,076 44,963 39,766 3,219 3,415 3,097 60,781 14,694 24,387 3,248 3,464 3,213 61,805 15,429 25,174 4,204 3,509 3,128 61,486 14,894 25,432 4,227 3,524 3,162 61,654 15,273 25,354 7,852 8,839 -5,388 147,692 39,858 46,663 8,002 9,051 -5,531 150,994 42,272 47,439 10,236 9,062 -5,386 150,158 40,444 47,794 10,312 9,122 -5,442 151,093 41,665 48,154 10 11 12 13 14 15 16 135,691 30,446 19,903 10,543 24,285 6,929 17,356 138,067 30,357 19,656 10,701 24,314 6,575 17,740 139,512 30,830 19,960 10,870 25,411 7,281 18,130 140,143 30,928 20,028 10,900 24,405 6,061 18,345 43,302 11,449 8,034 3,415 9,568 1,511 8,056 43,976 11,558 8,094 3,464 9,770 1,522 8,248 44,199 11,701 8,192 3,509 10,172 1,713 8,459 44,506 11,754 8,230 3,524 9,983 1,385 8,598 121,112 29,694 20,855 8,839 18,965 495 18,470 124,227 30,028 20,977 9,051 19,323 370 18,953 123,421 30,171 21,109 9,062 21,250 1,967 19,283 124,504 30,357 21,235 9,122 21,108 1,592 19,516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 7,638 182,783 157,722 453 911 1,623 8,957 24,710 15,785 8,925 12,188 9,904 5,777 5,003 15,747 3,289 14,951 9,943 5,807 2,749 23,164 1,911 4,456 6,177 25,061 3,002 741 21,319 7,282 185,456 160,206 468 906 1,732 9,135 24,425 15,497 8,929 12,563 10,034 5,766 5,018 16,553 3,299 15,411 10,141 5,927 2,785 23,337 1,883 4,530 6,291 25,250 2,976 731 21,542 7,996 187,756 162,569 481 905 1,706 9,410 24,450 15,472 8,979 12,926 10,016 5,953 5,078 16,493 3,399 15,619 10,964 5,807 2,792 23,754 1,962 4,538 6,314 25,187 2,954 733 21,500 6,782 188,694 163,503 493 931 1,724 9,504 24,584 15,593 8,992 13,012 10,035 5,970 5,120 16,677 3,446 15,804 10,672 5,933 2,776 23,891 1,996 4,595 6,339 25,191 2,949 739 21,503 1,722 62,597 48,064 500 1,428 808 4,104 8,182 5,446 2,737 2,353 4,796 2,650 805 2,506 874 2,764 999 2,110 736 7,057 302 2,579 2,511 14,533 2,315 1,669 10,549 1,732 63,571 49,008 515 1,434 784 4,247 8,388 5,620 2,769 2,403 4,854 2,705 832 2,550 892 2,786 1,005 2,211 733 7,194 322 2,606 2,547 14,564 2,323 1,646 10,594 1,925 64,146 49,615 547 1,429 800 4,425 8,435 5,612 2,822 2,444 4,852 2,725 851 2,568 891 2,800 944 2,308 755 7,281 334 2,663 2,562 14,531 2,305 1,672 10,554 1,599 64,644 50,136 561 1,459 818 4,536 8,487 5,647 2,841 2,492 4,874 2,751 859 2,589 905 2,830 946 2,323 748 7,323 344 2,708 2,583 14,508 2,261 1,668 10,579 877 168,894 140,433 319 504 1,433 9,365 18,131 10,208 7,923 9,388 10,975 6,288 5,818 11,273 2,356 13,830 6,956 6,278 2,854 20,855 2,142 5,110 6,559 28,461 5,357 2,065 21,038 752 172,826 144,369 323 540 1,398 9,790 18,313 10,360 7,953 9,556 11,103 6,451 6,410 11,626 2,437 14,564 7,449 6,489 2,858 20,961 2,185 5,227 6,688 28,458 5,300 2,107 21,051 2,353 172,489 143,885 339 515 1,453 9,932 18,692 10,780 7,913 9,529 10,971 6,568 5,938 11,258 2,405 13,732 7,467 6,506 2,871 21,387 2,390 5,251 6,685 28,604 5,235 2,165 21,204 1,982 173,987 145,416 348 523 1,471 10,083 18,914 10,954 7,961 9,683 11,039 6,610 5,981 11,390 2,442 13,902 7,559 6,607 2,841 21,546 2,451 5,303 6,720 28,571 5,166 2,201 21,204 Personal income (lines 2 -9 )........................................................................ Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)....................................... Earnings by place of work Components of earnings: Wages and salaries................................................................................... S upplements to wages and salaries........................................................ Employer contributions for employee pension and insurance funds..... Employer contributions for government social insurance..................... Proprietors’ income 5............................................................................... Farm proprietors' income.................................................................... Nonfarm proprietors’ income............................................................... Earnings by industry Farm earnings............................................................................................. Nonfarm earnings Private earnings...................................................................................... Forestry, fishing, and related activities................................................. Mining.................................................................................................. Utilities...................................... Construction.............................. Manufacturing ................................................................................ Durable goods. Nondurable goods........................................................................... Wholesale trade.. Retail trade Transportation and warehousing......................................................... Information ................................................................................ Finance and insurance........................................................................ Real estate and rental and leasing...................................................... Professional, scientific, and technical services..................................... Management of companies and enterprises....................................... Administrative and waste management services................................. Educational services................. Health care and social assistance....................................................... Arts, entertainment, and recreation..................................................... Accommodation and food services..................................................... Other services, except public administration....................................... Government and government enterprises Federal, civilian.................................................................................... Military...................................... State and local........................... See the footnotes at the end of the table. November 2013 S urvey of 81 C u r r e n t B u s in e s s Earnings by Industry, 2012:111—2013:ll1—Continues seasonally adjusted at annual rates] Montana Nebraska 2012 lllr 2013 IV' Nevada 2012 lr ll» lllr 2013 IVr r New Hampshire 2012 Up III' 2013 IV' I' 2012 I|p III' New Jersey 2012 2013 IV' I' IIP L.ine 2013 III' IV' I' IIP 38,576 39,584 39,304 39,631 82,986 85,550 85,925 85,348 104,754 108,081 106,497 107,800 64,492 66,511 65,450 66,332 485,618 498,228 491,539 497,813 1 25,638 2,868 1,275 1,594 57 22,827 8,643 7,106 26,100 2,918 1,292 1,626 58 23,239 9,120 7,224 26,470 3,318 1,671 1,646 58 23,210 8,778 7,316 26,452 3,330 1,679 1,651 58 23,180 9,025 7,426 62,656 5,885 2,743 3,142 -1,155 55,616 15,082 12,288 64,361 5,991 2,787 3,204 -1,187 57,182 15,906 12,462 66,270 6,856 3,612 3,244 -1,194 58,220 15,299 12,406 65,311 6,876 3,625 3,252 -1,195 57,239 15,720 12,389 73,773 7,171 3,179 3,992 -313 66,288 21,619 16,847 75,200 7,310 3,230 4,080 -295 67,595 23,163 17,323 75,759 8,317 4,178 4,139 -327 67,116 21,926 17,455 76,290 8,360 4,202 4,158 -327 67,603 22,702 17,495 42,867 4,287 2,017 2,270 5,432 44,012 11,207 9,273 44,513 4,454 2,097 2,357 5,520 45,579 11,783 9,150 44,153 5,002 2,657 2,345 5,442 44,593 11,357 9,500 44,546 5,033 2,674 2,358 5,486 44,999 11,668 9,664 323,666 32,371 14,839 17,533 39,964 331,259 85,135 69,223 328,223 32,748 14,969 17,779 41,718 337,194 90,038 70,997 331,563 37,436 19,395 18,041 39,182 333,309 86,687 71,543 334,451 37,693 19,538 18,155 39,414 336,172 89,403 72,238 2 3 4 5 6 7 8 9 16,958 4,595 3,001 1,594 4,086 781 3,305 17,303 4,620 2,994 1,626 4,177 796 3,380 17,383 4,676 3,029 1,646 4,412 934 3,477 17,484 4,689 3,037 1,651 4,280 757 3,523 40,517 10,446 7,304 3,142 11,693 4,240 7,453 41,421 10,594 7,390 3,204 12,346 4,630 7,716 41,691 10,732 7,488 3,244 13,847 6,067 7,780 41,892 10,770 7,518 3,252 12,649 4,839 7,810 52,748 13,479 9,487 3,992 7,546 122 7,423 53,851 13,632 9,552 4,080 7,718 107 7,611 54,103 13,775 9,636 4,139 7,881 98 7,783 54,488 13,863 9,705 4,158 7,939 71 7,868 30,186 7,162 4,892 2,270 5,519 -21 5,540 31,549 7,298 4,941 2,357 5,666 -22 5,688 31,054 7,266 4,922 2,345 5,833 -5 5,837 31,302 7,307 4,949 2,358 5,937 -12 5,948 227,973 55,425 37,893 17,533 40,268 154 40,114 231,345 55,578 37,799 17,779 41,300 137 41,164 232,803 56,395 38,354 18,041 42,366 166 42,200 234,835 56,732 38,577 18,155 42,884 145 42,739 10 11 12 13 14 15 16 959 24,679 19,278 205 1,272 376 1,824 1,047 589 459 1,111 2,030 1,097 411 1,087 399 1,618 174 769 169 3,366 286 1,047 989 5,401 1,188 433 3,780 975 25,125 19,741 202 1,282 392 1,881 1,089 603 486 1,149 2,058 1,132 415 1,125 406 1,604 170 805 171 3,477 299 1,073 1,010 5,384 1,167 430 3,787 1,114 25,356 19,982 217 1,281 402 2,007 1,118 643 475 1,172 2,074 1,148 415 1,120 398 1,602 171 713 177 3,543 313 1,100 1,011 5,373 1,129 441 3,804 939 25,513 20,167 222 1,306 404 2,028 1,128 650 479 1,182 2,083 1,141 422 1,134 404 1,626 174 722 177 3,565 323 1,111 1,017 5,346 1,101 445 3,800 4,702 57,954 47,526 247 182 676 3,840 6,657 2,776 3,882 3,057 3,606 4,124 1,301 4,309 602 3,935 1,774 1,862 764 6,621 333 1,393 2,243 10,428 1,479 840 8,109 5,091 59,270 48,772 256 171 702 4,203 6,749 2,840 3,909 3,132 3,645 4,241 1,282 4,423 621 4,015 1,982 1,899 768 6,664 337 1,408 2,275 10,498 1,481 837 8,180 6,533 59,737 49,249 271 173 641 4,092 6,796 2,876 3,920 3,164 3,672 4,276 1,352 4,648 626 3,928 2,097 1,930 720 6,812 341 1,415 2,293 10,489 1,481 851 8,157 5,308 60,003 49,506 278 175 629 4,073 6,853 2,919 3,934 3,202 3,681 4,311 1,361 4,606 635 3,978 2,127 1,960 717 6,842 354 1,425 2,300 10,497 1,465 854 8,178 191 73,582 60,466 41 1,786 543 4,577 2,781 1,912 869 2,707 5,188 3,282 1,064 2,920 1,314 5,371 2,495 3,190 456 6,588 1,467 12,140 2,554 13,116 1,677 1,270 10,169 176 75,025 61,888 39 1,740 543 4,692 2,773 1,915 858 2,747 5,340 3,278 1,132 3,028 1,332 5,520 2,844 3,270 480 6,728 1,476 12,320 2,605 13,137 1,683 1,266 10,188 168 75,591 62,496 40 1,878 565 4,833 2,790 1,910 880 2,696 5,329 3,348 1,093 3,118 1,378 5,530 2,677 3,291 487 6,805 1,525 12,529 2,584 13,096 1,680 1,301 10,115 141 76,149 62,947 41 1,829 572 4,789 2,813 1,922 891 2,753 5,346 3,359 1,110 3,151 1,401 5,587 2,703 3,398 487 6,914 1,524 12,572 2,596 13,201 1,703 1,316 10,182 15 42,852 36,897 101 51 381 2,756 5,166 4,054 1,112 2,611 3,829 745 1,262 2,931 756 3,630 820 1,785 1,204 5,476 334 1,376 1,684 5,955 763 174 5,018 13 44,500 38,565 123 50 379 2,839 5,258 4,108 1,150 2,702 3,847 751 1,286 3,401 773 3,802 1,281 1,804 1,212 5,603 346 1,391 1,717 5,936 766 171 4,999 31 44,121 38,173 109 52 388 2,944 5,288 4,114 1,174 2,694 3,847 757 1,266 3,182 787 3,915 813 1,735 1,248 5,672 354 1,407 1,714 5,948 758 171 5,020 25 44,521 38,567 112 53 391 3,037 5,331 4,151 1,181 2,704 3,881 765 1,273 3,222 798 3,980 817 1,757 1,241 5,697 355 1,432 1,720 5,954 757 170 5,027 398 323,268 270,856 173 416 2,511 15,231 25,825 10,244 15,581 22,666 19,693 11,616 10,982 26,608 5,480 38,170 13,702 14,102 4,879 36,503 2,773 8,741 10,784 52,412 5,357 1,255 45,800 381 327,843 275,765 165 415 2,651 15,878 25,648 10,199 15,449 22,930 19,979 11,637 11,233 27,379 5,855 39,045 14,024 14,587 4,914 36,901 2,874 8,760 10,890 52,078 5,287 1,246 45,545 413 331,150 278,819 157 418 2,571 16,944 25,938 10,235 15,703 22,815 20,055 11,896 11,450 27,359 5,524 39,525 13,902 14,977 5,104 37,561 2,543 9,077 11,002 52,331 5,274 1,267 45,791 394 334,057 281,874 161 423 2,578 17,231 26,112 10,348 15,765 23,026 20,204 11,930 11,580 27,693 5,592 40,089 14,140 15,216 5,147 37,908 2,631 9,153 11,059 52,183 5,171 1,268 45,744 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 82 Regional Quarterly Report November 2013 Table 5. Personal Income by Major Source and [Millions of dollars, New Mexico Item 2012 Line New York 2013 North Carolina 2012 2013 lr 2012 2013 lllr IV'r ir IIP 1 73,850 75,302 74,998 75,717 1,039,417 1,070,875 1,044,261 1,055,055 369,850 376,191 373,795 376,574 2 3 49,833 5,147 50,264 5,185 51,010 5,924 51,170 5,953 787,907 70,295 812,260 72,322 796,573 80,003 802,153 80,417 262,066 26,968 264,931 27,211 268,000 31,026 269,151 31,154 4 5 6 7 8 9 2,401 2,746 402 45,088 12,974 15,789 2,413 2,772 419 45,498 13,646 16,159 3,120 2,804 410 45,495 13,178 16,325 3,136 2,816 414 45,631 13,534 16,552 31,560 38,735 -47,558 670,054 184,559 184,803 32,555 39,766 -49,867 690,072 195,833 184,970 40,613 39,390 -46,663 669,906 187,013 187,342 40,843 39,574 -47,021 674,716 192,855 187,485 12,221 14,748 -1,506 233,591 62,766 73,492 12,303 14,908 -1,511 236,209 66,508 73,474 15,937 15,088 -1,527 235,447 63,765 74,583 16,011 15,143 -1,534 236,462 65,738 74,374 10 11 12 13 14 15 16 34,796 9,396 6,650 2,746 5,641 1,012 4,629 35,145 9,377 6,605 2,772 5,742 1,018 4,725 35,297 9,472 6,668 2,804 6,241 1,418 4,823 35,524 9,495 6,679 2,816 6,150 1,247 4,903 551,279 139,803 101,068 38,735 96,825 702 96,123 571,464 141,529 101,762 39,766 99,267 691 98,577 553,732 140,312 100,922 39,390 102,529 1,363 101,166 557,599 140,774 101,200 39,574 103,780 1,136 102,644 188,510 46,252 31,504 14,748 27,305 2,766 24,538 190,835 46,451 31,543 14,908 27,645 2,480 25,165 192,001 47,108 32,020 15,088 28,891 3,079 25,811 193,139 47,272 32,129 15,143 28,739 2,534 26,205 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 1,243 48,590 35,016 111 2,900 486 2,852 2,181 1,476 705 1,405 3,349 1,444 840 1,614 710 4,895 413 1,907 457 5,648 294 1,764 1,744 13,574 3,076 1,321 9,177 1,249 49,014 35,488 123 2,865 497 2,896 2,217 1,479 738 1,422 3,401 1,490 828 1,718 718 5,022 400 1,915 460 5,680 291 1,776 1,769 13,526 3,033 1,314 9,179 1,652 49,358 35,840 126 2,894 485 2,988 2,286 1,531 755 1,436 3,368 1,460 825 1,625 730 5,171 425 1,973 466 5,733 297 1,798 1,754 13,518 3,000 1,352 9,166 1,483 49,686 36,264 129 2,957 489 3,092 2,284 1,531 754 1,445 3,385 1,460 839 1,658 744 5,224 431 1,998 465 5,773 310 1,824 1,758 13,422 2,936 1,369 9,117 1,294 786,614 653,310 351 1,212 5,766 31,966 37,259 22,781 14,478 34,084 38,451 17,235 38,853 125,470 19,879 89,372 22,515 25,565 20,837 85,734 12,623 21,873 24,266 133,303 12,031 3,453 117,819 1,281 810,979 677,869 349 1,188 5,925 33,051 36,732 22,345 14,387 35,763 39,351 17,373 39,856 138,883 20,755 92,537 23,413 26,374 20,901 86,272 12,556 21,943 24,647 133,110 11,988 3,409 117,713 1,959 794,614 661,530 364 1,194 5,900 34,902 36,902 22,518 14,384 34,028 39,858 17,509 39,083 121,488 20,617 92,601 20,900 25,921 21,256 88,982 12,749 22,455 24,824 133,083 12,007 3,458 117,619 1,738 800,416 667,752 373 1,203 5,995 35,150 37,000 22,670 14,331 34,423 40,324 17,625 39,521 122,690 20,840 93,403 20,925 26,388 21,328 89,720 13,107 22,658 25,078 132,664 11,962 3,444 117,258 3,282 258,783 205,171 751 237 1,717 13,287 31,702 17,657 14,046 13,774 16,502 7,119 6,313 17,542 3,957 19,785 9,094 12,128 4,151 27,176 2,973 7,800 9,162 53,612 6,247 11,233 36,132 2,997 261,934 208,339 770 244 1,646 13,732 31,833 17,580 14,253 14,148 16,824 7,257 6,428 18,084 4,098 20,015 9,610 11,422 4,228 27,542 3,014 8,059 9,387 53,596 6,241 11,143 36,212 3,601 264,399 210,554 808 242 1,912 14,032 32,253 17,970 14,282 14,168 16,991 7,321 6,556 18,702 4,116 19,801 9,270 11,398 4,283 28,099 3,046 7,982 9,576 53,845 6,228 10,997 36,620 3,061 266,090 212,308 829 247 1,794 14,176 32,482 18,120 14,362 14,344 17,054 7,367 6,653 18,800 4,178 20,068 9,404 11,622 4,254 28,251 3,098 8,061 9,625 53,782 6,159 11,051 36,572 III' IV' IIP III1 IV' I' IIP Income by place of residence Personal income (lines 2 -9 )........................................................................ Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)....................................... Less: Contributions for government social insurance 2................................ Employee and self-employed contributions for government social insurance......................................................................................... Employer contributions for government social insurance..................... Plus: Adjustment for residence3.................................................................. Equals: Net earnings by place of residence................................................ Plus: Dividends, interest, and rent4............................................................ Plus: Personal current transfer receipts....................................................... Earnings by place of work Components of earnings: Wages and salaries................................................................................... Supplements to wages and salaries........................................................ Employer contributions for employee pension and insurance funds Employer contributions for government social insurance..................... P roprietors’ income 5............................................................................... Farm proprietors’ income. Nonfarm proprietors’ income............................................................... Earnings by industry Farm earnings............................................................................................. Non farm earnings........................................................................................ Private earnings............................. Forestry, fishing, and related activities................................................ Mining......................................... Utilities........................................ Construction........................................................................................ Manufacturing...................................................................................... Durable goods................................................................................. Nondurable goods........................................................................... Wholesale trade.................................................................................. Retail trade .......... Transportation and warehousing......................................................... Information.......................................................................................... Finance and insurance........................................................................ Real estate and rental and leasing...................................................... Professional, scientific, and technical services..................................... Management of companies and enterprises....................................... Administrative and waste management services................................. Educational services........................................................................... Health care and social assistance Arts, entertainment, and recreation..................................................... Accommodation and food services..................................................... Other services, except public administration....................................... Government and government enterprises............................................... Federal, civilian........................... Military................................................................................................. State and local..................................................................................... See the footnotes at the end of the table. November 2013 S urvey of 83 C u r r e n t B u sin e s s Earnings by Industry, 2012:111-2013:ll1—Continues seasonally adjusted at annual rates] North Dakota 2012 lllr Ohio 2013 IV' I' Oklahoma 2012 IIP 2013 lllr IV' lr Oregon 2012 IIP III' 2013 IV' I' Pennsylvania 2012 IIP III' 2013 IV' I' 2012 IIP III' Line 2013 IV' I' IIP 38,833 40,057 39,555 39,674 460,325 469,902 468,250 473,365 153,901 159,052 158,109 159,569 152,714 155,486 154,249 155,924 575,106 584,541 578,635 584,082 1 31,636 2,922 1,277 1,644 -998 27,715 6,471 4,647 32,456 2,956 1,288 1,667 -1,018 28,482 6,836 4,739 32,582 3,377 1,677 1,700 -1,033 28,172 6,586 4,797 32,481 3,417 1,700 1,717 -1,053 28,011 6,784 4,879 336,141 33,365 14,716 18,649 -2,537 300,239 68,259 91,827 341,545 33,868 14,902 18,965 -2,612 305,065 72,520 92,317 344,863 38,353 19,204 19,149 -2,573 303,937 69,412 94,901 346,966 38,581 19,324 19,258 -2,596 305,788 71,674 95,903 108,498 10,340 4,710 5,630 1,148 99,306 25,966 28,630 112,347 10,711 4,862 5,850 1,164 102,800 27,329 28,923 113,320 12,074 6,221 5,853 1,149 102,396 26,316 29,396 114,063 12,156 6,267 5,889 1,159 103,067 27,006 29,497 109,113 12,164 5,228 6,936 -3,047 93,902 29,038 29,773 109,880 12,220 5,238 6,982 -3,048 94,612 30,746 30,128 110,789 13,859 6,785 7,074 -3,062 93,867 29,523 30,859 111,574 13,956 6,836 7,120 -3,098 94,519 30,424 30,981 403,347 40,508 18,546 21,961 6,076 368,915 93,647 112,543 407,493 40,837 18,656 22,181 6,358 373,014 99,099 112,428 409,806 46,341 24,009 22,332 6,187 369,651 95,241 113,743 412,286 46,570 24,143 22,427 6,270 371,986 98,189 113,908 2 3 4 5 6 7 8 9 20,424 4,380 2,736 1,644 6,832 4,278 2,553 20,813 4,397 2,729 1,667 7,246 4,628 2,617 21,043 4,478 2,778 1,700 7,060 4,340 2,721 21,351 4,526 2,808 1,717 6,605 3,843 2,762 238,610 60,226 41,577 18,649 37,305 1,531 35,774 243,042 60,417 41,452 18,965 38,085 1,387 36,698 243,253 60,875 41,726 19,149 40,735 3,398 37,336 245,094 61,189 41,931 19,258 40,682 2,879 37,803 69,621 17,234 11,604 5,630 21,642 551 21,091 72,319 17,648 11,798 5,850 22,380 711 21,670 71,876 17,734 11,881 5,853 23,710 1,705 22,005 72,502 17,836 11,948 5,889 23,724 1,389 22,335 77,432 20,344 13,408 6,936 11,338 415 10,923 77,990 20,378 13,396 6,982 11,511 384 11,127 78,466 20,667 13,593 7,074 11,656 284 11,372 79,158 20,787 13,667 7,120 11,629 101 11,528 280,207 74,115 52,153 21,961 49,025 901 48,124 283,612 73,845 51,664 22,181 50,036 817 49,219 283,483 74,499 52,167 22,332 51,823 1,768 50,055 285,439 74,798 52,371 22,427 52,050 1,460 50,590 10 11 12 13 14 15 16 4,593 27,043 22,392 118 2,884 431 2,469 1,510 1,025 485 2,071 1,714 1,869 490 1,149 628 1,251 412 550 119 3,067 92 740 828 4,650 787 711 3,152 4,943 27,512 22,845 123 2,852 429 2,610 1,537 1,049 488 2,150 1,753 1,922 478 1,195 648 1,303 421 562 126 3,023 92 774 846 4,668 776 715 3,177 4,658 27,924 23,206 127 2,870 441 2,910 1,507 1,012 495 2,129 1,767 1,827 483 1,194 662 1,339 417 542 125 3,135 95 773 863 4,718 771 737 3,210 4,164 28,317 23,582 130 3,065 443 2,951 1,533 1,029 504 2,123 1,760 1,859 487 1,206 680 1,353 429 549 124 3,155 96 771 868 4,736 765 745 3,225 2,021 334,120 280,226 331 2,533 2,620 16,021 49,772 33,323 16,448 18,227 20,283 12,088 6,101 18,605 7,079 24,694 16,418 13,593 4,654 43,343 3,217 9,268 11,381 53,894 7,855 1,771 44,268 1,878 339,667 285,663 328 2,671 2,551 16,813 49,994 33,284 16,710 18,694 20,542 12,349 6,170 19,493 7,249 25,213 16,745 14,024 4,684 43,940 3,268 9,446 11,489 54,004 7,837 1,767 44,400 3,894 340,969 287,459 351 2,419 2,663 17,041 50,620 33,649 16,971 18,645 20,485 12,527 6,278 19,592 7,383 25,390 16,522 14,032 4,676 44,530 3,286 9,473 11,544 53,509 7,826 1,806 43,877 3,379 343,587 290,177 360 2,464 2,708 17,264 51,141 34,014 17,128 18,918 20,594 12,541 6,313 19,866 7,447 25,556 16,644 14,308 4,667 44,841 3,394 9,548 11,603 53,410 7,720 1,816 43,874 1,027 107,471 86,426 243 14,794 1,476 6,182 9,858 6,425 3,433 4,276 7,091 4,312 1,731 4,297 1,770 5,713 1,590 4,160 829 10,677 668 2,956 3,805 21,045 4,387 2,435 14,222 1,187 111,160 89,879 249 15,006 1,619 6,912 10,329 6,780 3,550 4,462 7,253 4,324 1,717 4,459 2,068 6,248 1,728 4,309 834 10,756 658 3,061 3,888 21,281 4,395 2,437 14,449 2,186 111,134 89,692 262 15,072 1,611 7,029 10,137 6,630 3,507 4,385 7,186 4,514 1,775 4,359 1,750 6,070 1,841 4,224 847 11,027 662 3,057 3,882 21,443 4,422 2,496 14,524 1,875 112,188 90,743 269 15,270 1,621 7,245 10,202 6,677 3,525 4,438 7,218 4,493 1,799 4,415 1,775 6,211 1,886 4,341 834 11,066 675 3,068 3,917 21,445 4,427 2,478 14,540 1,306 107,807 88,668 1,236 180 704 5,899 14,090 11,079 3,011 6,912 7,308 3,442 2,969 5,097 1,771 8,041 3,209 3,931 1,511 13,739 896 3,731 4,003 19,139 2,753 480 15,907 1,277 108,603 89,575 1,264 184 730 5,859 13,982 10,897 3,085 6,870 7,453 3,524 3,150 5,244 1,802 8,134 3,291 4,028 1,547 13,801 845 3,781 4,086 19,028 2,750 474 15,804 1,186 109,603 90,564 1,322 186 694 6,057 13,881 10,770 3,110 6,170 7,473 3,568 3,032 5,256 1,795 8,234 4,192 4,074 1,573 14,254 827 3,862 4,115 19,039 2,708 477 15,854 1,010 110,564 91,613 1,355 190 694 6,200 14,113 10,987 3,126 6,216 7,494 3,588 3,061 5,322 1,814 8,362 4,265 4,113 1,573 14,327 832 3,951 4,143 18,951 2,660 479 15,812 1,493 401,853 344,522 499 5,133 3,231 22,207 42,211 25,630 16,582 20,403 22,932 14,086 13,906 27,293 6,108 38,457 17,698 12,895 12,687 56,458 4,242 9,955 14,122 57,331 9,735 1,515 46,081 1,409 406,084 349,057 502 5,067 3,228 22,720 42,524 25,647 16,877 20,485 23,170 14,174 14,362 28,411 6,261 39,242 17,961 12,989 12,711 56,549 4,292 10,126 14,283 57,027 9,665 1,507 45,856 2,366 407,439 349,796 533 5,237 3,294 23,056 42,349 25,661 16,688 20,507 23,187 14,325 14,152 27,602 6,252 39,418 17,610 13,160 12,259 57,861 4,265 10,302 14,426 57,643 9,621 1,524 46,498 2,064 410,222 352,797 546 5,339 3,327 23,114 42,730 25,893 16,837 20,731 23,278 14,401 14,237 27,952 6,354 39,964 17,810 13,341 12,140 58,246 4,321 10,452 14,516 57,426 9,506 1,530 46,390 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 84 Regional Quarterly Report November 2013 Table 5. Personal Income by Major Source and [Millions of dollars, Rhode Island Item Line 2012 South Carolina 2013 2012 South Dakota 2013 2013 nr IV' lr IIP 1 48,147 49,248 48,848 49,234 165,178 168,459 166,520 168,317 36,465 38,696 39,435 39,368 Less: Contributions for government social insurance 2................................ 2 3 31,940 3,584 32,471 3,637 32,977 4,204 33,218 4,226 109,825 11,640 111,239 11,776 111,508 13,360 112,285 13,443 25,138 2,290 26,952 2,341 28,256 2,681 27,930 2,701 Employee and self-employed contributions for government social insurance......................................................................................... Employer contributions for government social insurance..................... Plus: Adjustment for residence3.................................................................. Equals: Net earnings by place of residence................................................. Plus: Dividends, interest, and rent4............................................................ Plus: Personal current transfer receipts....................................................... 4 5 6 7 8 9 1,712 1,872 1,558 29,914 8,666 9,568 1,734 1,904 1,623 30,456 9,132 9,659 2,261 1,943 1,546 30,319 8,824 9,705 2,273 1,953 1,559 30,551 9,073 9,610 5,381 6,259 2,493 100,678 27,510 36,990 5,437 6,340 2,534 101,996 29,204 37,259 6,986 6,374 2,535 100,682 27,922 37,915 7,033 6,410 2,549 101,391 28,793 38,132 1,112 1,178 -207 22,641 8,337 5,487 1,133 1,208 -216 24,395 8,796 5,506 1,462 1,218 -220 25,356 8,440 5,639 1,474 1,227 -224 25,004 8,672 5,692 10 11 12 13 14 15 16 22,644 5,917 4,044 1,872 3,380 -2 3,381 23,075 5,942 4,039 1,904 3,453 -3 3,456 23,372 6,068 4,125 1,943 3,538 -1 3,539 23,533 6,098 4,146 1,953 3,586 -3 3,589 79,011 20,379 14,120 6,259 10,435 375 10,061 80,282 20,309 13,969 6,340 10,648 334 10,314 80,125 20,471 14,097 6,374 10,912 328 10,584 80,765 20,587 14,177 6,410 10,933 185 10,748 15,630 4,047 2,868 1,178 5,461 1,897 3,564 16,010 4,070 2,862 1,208 6,872 3,237 3,635 16,049 4,105 2,886 1,218 8,102 4,379 3,723 16,203 4,130 2,903 1,227 7,597 3,826 3,771 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 15 31,925 26,097 46 17 154 1,634 2,713 1,729 984 1,466 1,845 593 1,019 2,673 460 2,373 1,402 1,116 1,216 4,866 293 1,068 1,142 5,828 1,133 511 4,184 13 32,458 26,681 45 17 147 1,643 2,757 1,796 961 1,488 1,860 597 1,033 2,818 467 2,414 1,575 1,156 1,234 4,901 301 1,084 1,146 5,777 1,135 507 4,135 15 32,962 27,111 48 18 151 1,698 2,866 1,846 1,020 1,515 1,857 589 1,014 2,814 474 2,511 1,528 1,185 1,253 5,003 315 1,100 1,171 5,851 1,136 507 4,209 14 33,204 27,352 49 18 152 1,723 2,894 1,866 1,028 1,531 1,863 591 1,024 2,851 481 2,544 1,547 1,213 1,239 5,025 325 1,104 1,179 5,853 1,128 520 4,205 546 109,279 84,562 355 102 1,427 5,768 15,369 9,076 6,293 4,955 7,932 3,018 1,894 5,883 1,701 7,443 1,500 6,186 1,181 10,342 743 4,307 4,458 24,717 2,952 3,731 18,033 505 110,734 86,100 364 103 1,374 5,920 15,701 9,276 6,425 5,043 8,082 3,067 1,962 6,081 1,724 7,599 1,447 6,286 1,194 10,427 747 4,423 4,555 24,634 2,957 3,722 17,955 501 111,008 86,189 390 102 1,524 6,117 15,745 9,276 6,469 5,080 8,092 3,136 1,952 6,092 1,753 7,707 1,497 6,243 1,207 9,660 763 4,451 4,678 24,819 2,952 3,815 18,052 359 111,926 87,096 400 104 1,552 6,197 15,893 9,376 6,517 5,143 8,137 3,152 1,969 6,210 1,774 7,823 1,518 6,336 1,197 9,725 770 4,499 4,697 24,830 2,935 3,851 18,044 2,223 22,915 18,501 160 85 202 1,452 2,722 1,542 1,180 1,350 1,771 775 431 1,950 270 919 439 517 264 3,442 152 731 868 4,415 955 439 3,020 3,562 23,389 19,019 162 98 205 1,478 2,797 1,549 1,248 1,403 1,820 793 429 2,024 281 977 470 521 265 3,514 153 745 882 4,371 946 443 2,982 4,708 23,548 19,193 177 92 204 1,507 2,774 1,560 1,214 1,388 1,821 794 425 2,043 282 972 460 497 272 3,698 153 752 882 4,355 944 449 2,963 4,157 23,772 19,442 181 94 207 1,531 2,823 1,598 1,225 1,407 1,842 798 430 2,082 286 988 469 512 269 3,717 160 762 885 4,330 923 453 2,954 III' IV' 2012 I' IIP III' IV' r IIP Income by place of residence Personal income (lines 2 -9 )........................................................................ Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)....................................... Earnings by place of work Components of earnings: Wages and salaries................................................................................... Supplements to wages and salaries........................................................ Employer contributions for employee pension and insurance funds Employer contributions for government social insurance..................... Proprietors’ income 5............................................................................... Farm proprietors' income.................................................................... Nonfarm proprietors’ income............................................................... Earnings by industry Farm earnings............................................................................................. Nonfarm earnings........................................................................................ Private earnings...................................................................................... Forestry, fishing, and related activities................................................ Mining.................................................................................................. Utilities................................................................................................. Construction........................................................................................ Manufacturing...................................................................................... Durable goods................................................................................. Nondurable goods........................................................................... Wholesale trade Retail trade. Transportation and warehousing......................................................... Information. ........................................... Finance and insurance........................................................................ Real estate and rental and leasing........... Professional, scientific, and technical services..................................... Management of companies and enterprises Administrative and waste management services................................. Educational services........................................................................... Health care and social assistance. Arts, entertainment, and recreation Accommodation and food services Other services, except public administration....................................... Government and government enterprises............................................... Federal, civilian............................. Military................................................................................................. State and local..................................................................................... See the footnotes at the end of the table. November 2013 S urvey of 85 C u r r e n t B u sin e s s Earnings by Industry, 2012:111-2013:ll1—Continues seasonally adjusted at annual rates] Tennessee 2012 lllr Texas 2013 IVr \' Utah 2012 IIP III' 2013 IVr lr 2012 IIP 249,315 255,322 253,123 255,937 1,105,883 1,137,518 1,129,769 1,143,465 181,586 186,180 17,103 17,490 8,316 8,489 9,002 8,787 -1,484 -1,653 162,999 167,037 34,514 36,084 51,802 52,200 186,724 19,932 10,896 9,036 -1,526 165,266 35,131 52,726 188,090 20,054 10,968 9,085 -1,558 166,479 36,003 53,455 849,451 72,115 33,397 38,718 -2,523 774,813 170,749 160,321 870,237 73,828 34,094 39,734 -2,599 793,811 179,629 164,078 877,152 83,944 43,903 40,041 -2,585 790,622 172,726 166,420 121,018 124,450 29,575 29,181 20,394 20,574 8,787 9,002 31,387 32,155 82 140 31,306 32,015 124,069 29,777 20,741 9,036 32,878 395 32,483 125,057 29,943 20,857 9,085 33,090 237 32,854 567,979 117,962 79,243 38,718 163,511 2,057 161,454 583,735 119,482 79,748 39,734 167,021 2,073 164,948 349 291 181,295 185,832 154,536 159,282 327 317 380 391 354 353 11,079 10,746 21,997 22,998 13,237 13,929 9,069 8,760 9,324 10,144 12,596 12,802 9,928 9,843 3,352 3,323 9,901 10,359 3,283 3,378 13,533 12,708 3,986 3,839 9,132 9,478 2,507 2,559 28,690 28,778 2,087 2,049 6,063 5,920 7,684 7,628 26,759 26,550 5,051 5,003 869 878 20,678 20,831 606 186,118 159,425 344 390 359 11,203 22,898 13,696 9,202 9,610 12,770 10,071 3,361 10,059 3,442 13,369 4,133 9,529 2,536 29,637 2,004 5,962 7,749 26,693 4,977 868 20,849 449 187,640 160,969 353 400 362 11,389 23,119 13,849 9,270 9,718 12,847 10,119 3,398 10,181 3,496 13,551 4,189 9,678 2,525 29,785 2,035 6,029 7,792 26,672 4,953 879 20,840 3,418 846,033 723,687 1,411 80,576 8,818 58,798 79,193 49,344 29,849 52,684 48,525 38,324 19,264 48,090 18,144 77,063 11,074 36,093 8,025 77,118 5,543 24,344 30,599 122,346 20,036 13,612 88,698 3,435 866,802 744,326 1,418 82,594 9,197 61,247 80,641 50,124 30,518 54,536 49,662 39,406 19,490 49,838 19,514 79,806 11,673 37,501 8,043 77,717 5,702 24,890 31,450 122,476 19,992 13,343 89,141 Vermont III' 2013 IV' lr Virginia 2012 IIP III' 2013 IVr r 2012 Up 2013 Line III' IVr lr IIP 100,589 104,030 103,260 104,305 27,713 28,399 28,323 28,668 395,287 404,108 399,305 403,309 1 885,535 84,681 44,320 40,361 -2,622 798,232 177,279 167,953 77,001 7,792 3,398 4,394 -19 69,190 17,454 13,945 79,260 8,038 3,499 4,539 -25 71,197 18,538 14,295 79,992 9,118 4,526 4,592 -31 70,843 17,781 14,637 80,627 9,185 4,562 4,623 -33 71,409 18,356 14,540 18,487 2,005 925 1,080 490 16,972 5,246 5,495 18,755 2,035 936 1,099 525 17,246 5,549 5,604 19,134 2,334 1,216 1,118 489 17,288 5,321 5,714 19,247 2,347 1,224 1,124 493 17,393 5,482 5,793 282,776 28,116 12,765 15,350 12,268 266,928 76,673 51,686 287,733 28,569 12,951 15,617 12,221 271,385 80,544 52,179 288,065 32,320 16,622 15,698 12,280 268,025 77,866 53,415 289,918 32,477 16,717 15,759 12,179 269,620 79,948 53,741 2 3 4 5 6 7 8 9 583,826 120,477 80,436 40,041 172,849 4,472 168,378 590,136 121,367 81,006 40,361 174,031 3,200 170,832 54,770 14,052 9,658 4,394 8,179 68 8,111 56,664 14,211 9,673 4,539 8,384 45 8,339 56,925 14,373 9,781 4,592 8,694 156 8,538 57,457 14,450 9,827 4,623 8,720 74 8,646 12,697 3,546 2,466 1,080 2,243 73 2,171 12,914 3,563 2,464 1,099 2,278 67 2,211 13,039 3,618 2,500 1,118 2,476 181 2,295 13,133 3,636 2,513 1,124 2,478 149 2,329 208,467 48,850 33,500 15,350 25,459 211 25,249 212,531 49,083 33,466 15,617 26,118 208 25,910 211,860 49,330 33,633 15,698 26,874 447 26,428 213,353 49,495 33,735 15,759 27,070 256 26,814 10 11 12 13 14 15 16 5,848 871,303 748,464 1,413 82,512 8,985 64,203 80,483 50,095 30,388 54,364 49,444 39,581 19,283 49,582 19,072 80,526 11,656 37,176 8,238 79,762 5,419 25,039 31,727 122,839 20,093 13,510 89,236 4,589 880,946 757,981 1,450 84,278 8,926 65,967 81,022 50,773 30,249 55,095 49,893 39,560 19,481 50,119 19,613 82,132 11,960 37,781 7,976 80,176 5,389 25,296 31,868 122,965 19,911 13,489 89,566 225 76,776 62,060 69 1,453 510 5,168 7,994 5,421 2,573 3,815 5,795 2,957 2,346 4,631 1,618 6,592 1,693 2,950 1,544 6,460 628 2,228 3,610 14,716 3,196 782 10,738 202 79,058 64,627 71 1,452 513 5,422 8,208 5,549 2,658 3,869 5,994 2,986 2,691 4,981 1,661 6,649 1,809 3,200 1,610 6,835 624 2,301 3,752 14,431 3,136 778 10,516 315 79,678 65,187 78 1,460 508 5,625 8,284 5,613 2,670 3,902 5,990 3,148 2,489 4,895 1,672 6,816 1,803 3,172 1,616 6,897 638 2,294 3,899 14,491 3,124 792 10,576 234 80,393 65,964 80 1,494 512 5,640 8,343 5,648 2,695 4,006 6,034 3,180 2,553 4,968 1,699 6,979 1,803 3,221 1,627 6,947 657 2,285 3,933 14,428 3,114 797 10,518 144 18,342 14,734 71 47 289 1,308 2,232 1,617 615 663 1,402 405 320 811 306 1,397 191 489 571 2,615 150 793 674 3,608 614 154 2,840 139 18,616 14,966 71 47 275 1,306 2,284 1,660 623 646 1,402 406 329 835 313 1,436 213 517 584 2,677 144 798 685 3,650 620 152 2,878 253 18,881 15,219 77 46 281 1,413 2,239 1,615 624 659 1,444 402 335 833 314 1,468 166 521 594 2,762 160 813 691 3,662 625 153 2,884 222 19,025 15,364 79 48 283 1,433 2,261 1,632 629 667 1,451 403 338 843 319 1,489 168 530 592 2,778 163 822 696 3,661 626 155 2,881 493 282,283 213,259 339 1,551 1,564 14,091 16,538 10,065 6,473 9,814 14,417 7,403 8,172 13,780 5,410 50,884 10,114 10,819 3,656 24,359 1,807 7,473 11,067 69,025 23,283 13,256 32,486 490 287,243 218,067 340 1,538 1,521 14,458 16,383 9,963 6,420 9,934 14,689 7,482 8,252 14,977 5,529 52,403 10,585 11,112 3,661 24,664 1,784 7,592 11,162 69,176 23,285 13,160 32,731 732 287,333 218,309 362 1,548 1,566 14,655 16,680 10,218 6,463 9,968 14,628 7,543 8,378 14,049 5,503 52,509 10,018 11,242 3,687 25,334 1,827 7,611 11,199 69,025 23,413 13,335 32,276 544 289,374 220,556 372 1,577 1,586 14,886 16,781 10,228 6,553 10,085 14,713 7,564 8,456 14,274 5,609 53,154 10,102 11,404 3,702 25,468 1,853 7,693 11,278 68,817 23,263 13,279 32,276 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Regional Quarterly Report 86 November 2013 Table 5. Personal Income by Major Source and [Millions of dollars, Washington Item West Virginia 2012 Line III' 2012 2013 IV' I' IIP Wisconsin 2013 III' IV' I' 2012 Up III' 2013 IV' I' IIP Income by place of residence Personal income (lines 2 -9 )........................................................................ 1 316,897 325,403 322,557 325,337 64,889 65,885 65,463 65,972 239,916 246,431 244,241 246,205 2 3 227,227 24,494 230,654 24,832 233,040 28,097 233,547 28,128 42,010 4,539 42,238 4,555 42,480 5,216 42,808 5,249 170,138 17,567 174,886 18,049 176,156 20,387 176,835 20,507 4 5 6 7 8 9 10,247 14,248 3,337 206,070 61,275 49,553 10,369 14,463 3,362 209,185 65,348 50,871 13,419 14,678 3,339 208,282 62,415 51,859 13,447 14,682 3,385 208,804 64,603 51,931 2,203 2,337 1,082 38,553 8,831 17,506 2,205 2,350 1,125 38,809 9,258 17,818 2,843 2,373 1,117 38,381 8,980 18,101 2,864 2,386 1,119 38,677 9,215 18,079 7,896 9,671 3,947 156,519 41,487 41,910 8,097 9,952 3,993 160,830 43,808 41,793 10,389 9,998 3,959 159,728 42,152 42,361 10,455 10,052 3,982 160,309 43,377 42,520 10 11 12 13 14 15 16 163,944 39,612 25,364 14,248 23,671 1,353 22,319 166,843 39,742 25,280 14,463 24,069 1,194 22,875 167,691 40,340 25,662 14,678 25,009 1,537 23,472 168,263 40,362 25,680 14,682 24,922 1,150 23,772 29,240 8,023 5,686 2,337 4,748 -70 4,818 29,434 8,010 5,659 2,350 4,794 -85 4,879 29,482 8,084 5,712 2,373 4,914 -56 4,969 29,734 8,129 5,743 2,386 4,945 -91 5,036 120,070 32,960 23,289 9,671 17,108 1,713 15,395 123,767 33,592 23,640 9,952 17,527 1,692 15,835 123,344 33,624 23,626 9,998 19,187 2,990 16,197 124,290 33,808 23,756 10,052 18,737 2,357 16,380 1/ 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 2,886 224,341 178,936 2,131 220 604 12,508 25,061 19,735 5,326 11,063 14,744 7,462 17,293 9,115 4,025 20,363 5,102 8,335 2,127 22,920 1,941 6,330 7,589 45,405 7,407 6,428 31,570 2,726 227,928 182,568 2,181 228 612 12,966 25,311 19,955 5,356 11,279 14,830 7,595 17,206 9,484 4,140 21,403 4,808 8,604 2,183 23,105 1,922 6,978 7,731 45,360 7,369 6,409 31,583 3,086 229,954 184,477 2,302 229 607 13,645 26,524 21,114 5,411 11,271 15,373 7,659 16,132 9,381 4,183 21,486 4,855 8,733 2,215 23,524 1,984 6,589 7,784 45,477 7,303 6,544 31,630 2,712 230,835 185,470 2,361 234 601 13,801 26,261 20,731 5,531 11,377 15,208 7,665 16,602 9,433 4,244 21,690 4,925 8,744 2,212 23,601 2,033 6,641 7,836 45,366 7,153 6,563 31,650 -38 42,048 33,345 88 3,892 606 2,852 3,626 1,904 1,722 1,531 2,939 1,493 696 1,193 689 2,286 581 1,296 306 6,069 207 1,496 1,497 8,703 2,281 345 6,076 -52 42,290 33,617 89 3,820 603 2,757 3,667 1,920 1,747 1,532 2,959 1,494 705 1,267 690 2,385 601 1,310 307 6,222 200 1,525 1,483 8,673 2,288 339 6,046 -23 42,502 33,793 94 3,683 604 2,869 3,654 1,885 1,769 1,547 2,976 1,530 679 1,266 698 2,406 550 1,312 309 6,347 195 1,526 1,548 8,709 2,286 341 6,083 -58 42,866 34,203 97 3,892 609 2,949 3,672 1,901 1,771 1,556 3,014 1,523 684 1,268 710 2,415 557 1,334 306 6,334 194 1,524 1,564 8,663 2,269 342 6,052 2,444 167,694 141,652 434 300 1,634 8,423 32,809 20,128 12,681 8,999 10,204 5,964 3,734 11,029 1,684 9,621 5,631 5,290 2,540 21,499 1,346 4,426 6,085 26,042 2,479 602 22,961 2,422 172,464 145,499 430 322 1,638 8,940 33,988 20,780 13,207 9,344 10,412 6,045 3,779 11,282 1,704 9,983 6,037 5,435 2,528 21,553 1,429 4,530 6,123 26,965 2,451 600 23,914 3,728 172,428 146,222 459 312 1,747 9,324 34,144 21,034 13,110 9,330 10,367 6,091 3,749 11,140 1,696 9,898 5,840 5,565 2,576 21,899 1,378 4,538 6,169 26,205 2,427 609 23,169 3,101 173,733 147,528 471 319 1,752 9,439 34,421 21,261 13,160 9,433 10,402 6,155 3,765 11,288 1,727 10,034 5,926 5,631 2,572 21,996 1,390 4,595 6,213 26,206 2,431 612 23,163 Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)...................................... Less: Contributions tor government social insurance 2................................ Employee and self-employed contributions for government social insurance......................................................................................... Employer contributions for government social insurance..................... Plus: Adjustment for residence3.................................................................. Equals: Net earnings by place of residence................................................ Plus: Dividends, interest, and rent4............................................................ Plus: Personal current transfer receipts....................................................... Earnings by place of work Components of earnings: Wages and salaries................................................................................... Supplements to wages and salaries........................................................ Employer contributions for employee pension and insurance funds..... Employer contributions for government social insurance..................... Proprietors’ income 5............................................................................... Farm proprietors' income.................................................................... Nonfarm proprietors’ income............................................................... Earnings by industry Farm earnings............................................................................................. Nonfarm earnings........................................................................................ Private earnings...................................................................................... Forestry, fishing, and related activities................................................ Mining.................................................................................................. Utilities................................................................................................. Construction........................................................................................ Manufacturing...................................................................................... Durable goods................................................................................. Nondurable goods........................................................................... Wholesale trade.................................................................................. Retail trade.......................................................................................... Transportation and warehousing......................................................... Information.......................................................................................... Finance and insurance........................................................................ Real estate and rental and leasing...................................................... Professional, scientific, and technical services..................................... Management of companies and enterprises....................................... Administrative and waste management services................................. Educational services........................................................................... Health care and social assistance........................................................ Arts, entertainment, and recreation..................................................... Accommodation and food services..................................................... Other services, except public administration....................................... Government and government enterprises................................................ Federal, civilian.................................................................................... Military................................................................................................. State and local..................................................................................... See the footnotes at the end ot the table. November 2013 S urvey of 87 C u r r e n t B u sin e s s Earnings by Industry, 2012:111—2013:ll1—Continues seasonally adjusted at annual rates] III' 2013 IV' Mideast New England Wyoming 2012 I' 2012 IIP 2012 2013 III' IV' I' Great Lakes IIP III' 2012 2013 IV' I1 IIP III' Plains 2012 2013 IV' IIP 2013 Line III' IV' I' IIP 28,857 29,844 29,289 29,662 776,026 798,992 787,474 794,870 2,503,588 2,564,710 2,521,708 2,548,289 1,945,907 1,965,095 902,460 926,314 925,621 928,000 1 19,937 2,147 864 1,283 (L) 17,790 7,419 3,648 20,277 20,469 2,184 2,447 876 1,126 1,308 1,321 3 3 18,095 18,025 8,026 7,480 3,723 3,783 20,561 2,464 1,134 1,330 3 18,100 7,765 3,797 553,367 52,377 23,993 28,384 5,884 506,875 146,778 122,373 566,991 53,598 24,518 29,080 6,250 519,644 155,095 124,253 566,932 60,564 31,391 29,173 5,712 512,081 149,094 126,299 571,473 1,837,757 1,875,004 1,866,576 1,879,381 1,377,428 1,401,969 1,414,926 1,423,355 60,912 174,258 177,341 199,294 200,340 137,199 139,708 158,451 159,470 78,512 61,732 80,771 81,326 31,582 79,884 101,658 102,256 62,699 29,330 95,746 97,457 98,084 75,467 78,143 97,636 77,008 77,680 -17,847 6,321 6,300 5,775 -18,063 -18,467 -17,853 6,229 6,261 516,337 1,645,436 1,679,196 1,649,428 1,661,194 1,246,457 1,268,582 1,262,736 1,270,185 311,858 153,535 437,200 462,644 443,994 457,553 331,070 316,678 326,700 124,999 420,952 422,870 428,285 429,542 355,979 357,715 366,492 368,209 664,858 65,129 30,024 35,105 -6,290 593,439 158,488 150,534 679,399 66,238 30,469 35,769 -6,416 606,745 167,649 151,920 692,655 75,417 39,316 36,101 -6,362 610,875 160,718 154,027 691,202 75,827 39,550 36,277 -6,416 608,959 165,374 153,667 2 3 4 5 6 7 8 9 13,358 3,451 2,168 1,283 3,127 141 2,986 13,623 13,602 3,478 3,503 2,170 2,183 1,308 1,321 3,176 3,364 254 142 3,034 3,110 13,716 3,525 2,195 1,330 3,320 160 3,160 395,496 93,582 65,198 28,384 64,290 156 64,134 406,396 94,612 65,532 29,080 65,984 119 65,865 403,914 95,047 65,874 29,173 67,972 364 67,608 406,912 1,291,169 1,321,582 1,305,211 1,314,522 95,535 327,748 329,241 330,063 331,330 66,204 232,002 231,784 232,428 233,246 98,084 29,330 95,746 97,457 97,636 69,027 218,841 224,181 231,301 233,530 2,250 3,411 268 2,116 4,160 68,759 216,591 227,141 230,118 222,065 984,929 1,005,918 1,006,138 1,014,351 249,487 251,414 253,287 254,733 174,020 175,608 176,590 174,406 75,467 77,008 77,680 78,143 143,012 154,271 144,637 155,500 10,650 17,122 14,251 8,876 135,762 138,378 140,020 132,362 455,773 109,661 74,556 35,105 99,423 25,712 73,712 465,459 110,243 74,474 35,769 103,697 28,196 75,502 466,525 111,384 75,283 36,101 114,746 37,859 76,888 469,903 111,940 75,662 36,277 109,360 31,733 77,628 10 11 12 13 14 15 16 246 19,690 15,015 50 3,782 293 1,728 734 305 429 718 1,134 1,070 234 539 434 855 112 341 80 1,405 78 783 644 4,676 634 361 3,680 247 361 20,029 20,109 15,376 15,443 51 53 3,754 3,724 294 288 1,735 1,854 754 761 304 306 455 450 715 730 1,232 1,155 1,094 1,111 228 236 577 571 454 428 867 853 172 181 334 348 87 83 1,437 1,501 89 88 794 894 643 648 4,654 4,666 618 626 359 370 3,668 3,677 268 20,293 15,631 54 3,765 298 1,896 774 309 465 732 1,160 1,115 227 579 459 855 175 352 85 1,445 93 920 648 4,662 608 375 3,679 629 552,738 474,447 (D) (D) 3,938 28,262 56,067 40,452 15,615 25,862 31,189 10,758 17,842 58,686 9,134 63,859 17,262 19,223 18,844 73,214 5,024 15,725 18,007 78,291 10,602 3,090 64,600 592 566,400 488,024 (D) (D) 4,071 29,149 56,460 40,543 15,916 26,440 31,578 10,921 18,092 63,505 9,402 65,375 19,128 19,501 19,174 74,306 5,132 15,954 18,270 78,376 10,571 3,061 64,744 842 566,090 487,345 (D) (D) 4,116 30,039 57,123 40,727 16,397 26,481 31,725 10,818 17,799 59,840 9,469 65,641 18,789 19,496 19,283 75,467 5,214 16,116 18,324 78,745 10,508 3,090 65,148 3,866 5,791 13,416 11,644 17,073 750 3,729 5,056 19,920 570,723 1,833,891 1,871,275 1,860,785 1,874,325 1,364,012 1,390,325 1,395,006 1,406,282 492,031 1,499,877 1,538,105 1,526,389 1,540,890 1,153,361 1,179,304 1,185,451 1,197,016 2,104 1,980 1,963 2,158 (D) (D) (D) (D) (D) 6,519 6,594 6,743 6,467 (D) (D) (D) (D) (D) 13,857 12,538 12,902 4,146 14,074 14,113 14,275 12,352 12,773 30,652 86,447 92,579 93,292 65,749 89,145 68,314 69,888 70,616 221,582 57,559 117,145 116,684 117,342 118,143 213,255 217,848 219,520 41,059 65,039 64,464 64,997 65,576 141,538 144,836 145,350 147,133 16,499 52,106 71,716 74,449 52,219 52,346 52,568 73,013 74,170 86,946 87,307 88,279 78,089 80,097 80,384 81,420 26,713 89,086 95,090 97,321 80,424 81,564 81,904 31,908 96,739 98,110 81,080 48,981 49,742 50,004 52,273 53,971 10,855 49,174 52,938 53,565 74,190 27,390 27,877 18,018 75,999 75,380 76,089 27,798 28,109 197,892 197,692 60,615 195,554 86,080 91,060 87,569 88,726 213,895 9,612 37,317 38,741 20,887 21,177 38,834 38,265 20,702 20,231 66,503 218,731 225,103 227,737 118,239 120,756 122,518 124,183 225,138 58,514 57,082 57,604 46,404 48,752 47,514 48,099 18,805 60,330 19,858 64,326 67,297 57,028 59,550 65,899 66,269 58,453 58,688 19,223 46,055 46,296 21,968 22,331 22,201 46,269 46,343 22,398 75,932 210,153 211,365 216,776 218,433 169,367 164,911 166,087 170,408 5,282 12,223 12,724 22,439 22,520 22,463 22,993 12,656 12,401 39,202 16,293 49,376 50,849 51,375 37,871 38,640 38,847 49,765 64,220 66,057 50,188 50,667 51,187 51,490 18,416 65,081 65,580 78,692 334,015 333,436 333,170 334,396 210,651 211,022 209,555 209,266 10,404 27,560 27,127 79,079 78,623 78,682 78,139 27,449 27,375 3,112 12,268 12,411 6,586 6,544 6,619 12,185 12,396 6,463 65,176 242,668 242,362 243,319 242,886 176,505 175,520 177,109 175,636 29,038 635,820 531,070 2,140 7,171 6,190 36,260 84,165 47,645 36,519 37,871 38,881 25,936 17,327 47,315 9,102 44,474 22,477 21,312 8,796 76,085 5,511 16,949 23,108 104,750 15,431 8,109 81,210 31,518 647,882 543,036 2,186 7,199 6,348 37,880 84,424 47,641 36,782 39,161 39,438 26,421 17,856 49,001 9,296 46,473 23,805 21,815 8,891 76,511 5,529 17,302 23,501 104,846 15,301 8,104 81,440 41,215 651,439 546,374 2,303 7,195 6,358 38,622 85,167 48,270 36,898 39,211 39,271 26,746 17,555 48,687 9,409 45,799 24,467 21,724 8,878 78,199 5,815 17,399 23,567 105,065 15,191 8,272 81,603 35,119 656,084 551,158 2,362 7,473 6,405 38,969 85,895 48,864 37,032 39,654 39,424 26,905 17,706 49,261 9,555 46,413 24,366 22,098 8,808 78,686 5,956 17,562 23,660 104,926 15,012 8,336 81,578 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 1,914,294 1,957,367 I' 88 Regional Quarterly Report November 2013 Table 5. Personal Income by Major Source and Earnings by Industry, 2012:111—2013:111—Table Ends [Millions of dollars, seasonally adjusted at annual rates] Southeast Item 2012 Line III1 Southwest 2013 IV' I' 2012 llp III' Rocky Mountain 2013 IV' I' 2012 Ilf III' Far West 2013 IV' I' 2012 IIP III' 2013 IV' I' IIP Income by place of residence Personal income (lines 2-9)......................................... 1 3,122,062 3,195,732 3,160,305 3,191,491 1,569,382 1,615,451 1,602,337 1,621,893 459,088 474,422 468,585 472,942 2,436,909 2,522,516 2,460,607 2,483,572 Derivation of personal income Earnings by place of work (lines 10-16 or 17-44)......... Less: Contributions for government social insurance 2 Employee and self-employed contributions for government social insurance............................ Employer contributions for government social insurance........................................................ Plus: Adjustment for residence 3.................................... Equals: Net earnings by place of residence................... Plus: Dividends, interest, and rent4............................... Plus: Personal current transfer receipts.......................... 2 2,102,337 2,141,801 2,154,119 2,167,291 1,170,535 1,199,225 1,207,840 1,218,657 334,892 344,164 345,292 347,295 1,751,613 1,808,381 1,780,590 1,791,509 3 211,117 214,788 244,809 246,215 104,091 106,563 121,029 122,027 33,229 34,105 38,440 38,698 168,484 174,012 194,999 193,980 4 99,041 100,539 129,573 130,399 48,274 49,286 63,386 63,950 14,566 14,932 19,141 19,281 78,466 80,909 101,867 102,458 57,277 5 112,076 114,249 115,236 55,817 57,644 58,077 18,663 19,173 19,299 19,417 115,816 90,018 93,102 92,113 92,542 16,378 16,487 16,408 -206 1,604 6 16,356 -196 -239 -260 1,604 1,631 -2,147 -2,264 -2,149 -2,157 1,611 7 1,907,598 1,943,500 1,925,718 1,937,432 1,066,248 1,092,456 1,086,572 1,096,370 303,267 311,690 308,456 310,208 1,580,982 1,632,105 1,584,461 1,594,353 472,401 496,079 8 600,372 636,002 608,051 626,022 251,303 264,938 254,533 261,557 90,732 96,298 92,047 94,916 499,947 481,111 9 614,092 616,230 626,536 628,037 251,831 258,058 261,232 263,967 65,089 66,435 68,083 67,818 383,526 390,463 395,035 393,140 Earnings by place of work Components of earnings: Wages and salaries................................................. Supplements to wages and salaries........................... Employer contributions for employee pension and insurance funds............................................... Employer contributions for government social insurance ........................................................ Proprietors’ income 5............................................... Farm proprietors’ income..................................... Nonfarm proprietors’ income................................. 10 1,503,546 1,535,220 1,536,732 1,548,573 11 362,069 364,852 368,168 369,902 790,669 171,289 812,487 173,384 811,674 174,668 820,014 233,905 241,279 240,063 242,149 1,239,970 1,288,655 1,260,167 1,269,112 175,860 54,967 55,767 56,096 56,417 310,650 314,584 313,711 312,420 12 249,992 250,603 252,932 254,086 115,472 116,107 117,025 117,783 36,304 36,594 36,797 36,999 220,632 221,482 220,308 221,170 13 14 15 16 112,076 236,722 13,530 223,192 114,249 241,730 12,873 228,857 115,236 249,219 15,787 233,432 115,816 248,816 12,159 236,657 55,817 208,577 3,943 204,635 57,277 213,354 4,091 209,262 57,644 221,498 8,053 213,445 58,077 222,783 6,187 216,596 18,663 46,020 3,619 42,400 19,173 47,118 3,636 43,482 19,299 49,132 4,643 44,490 19,417 48,729 3,585 45,144 90,018 200,993 13,327 187,666 93,102 205,142 12,904 192,237 92,113 208,002 11,755 196,247 92,542 208,686 9,951 198,736 Earnings by industry Farm earnings............................................................. Nonfarm earnings........................................................ Private earnings.................... Forestry, fishing, and related activities................... Mining ......................................................... Utilities Construction........................................................ Manufacturing..................................................... Durable goods................................................ Nondurable goods........................................... Wholesale trade.................................................. Retail trade. Transportation and warehousing........................... Information......................................................... Finance and insurance Real estate and rental and leasing........................ Professional, scientific, and technical services....... Management of companies and enterprises........... Administrative and waste management services.... Educational services............................................ Health care and social assistance........................ Arts, entertainment, and recreation....................... Accommodation and food services........................ Other services, except public administration........... Government and government enterprises.................. Federal, civilian................................................... Military.............................. State and local.................................................... 8,712 17 17,260 16,599 19,553 15,958 6,418 6,569 10,557 5,041 6,062 5,017 17,487 5,023 20,720 20,296 19,226 18 2,085,077 2,125,202 2,134,566 2,151,333 1,164,117 1,192,655 1,197,283 1,209,945 329,869 339,123 339,230 342,278 1,730,893 1,788,085 1,761,363 1,774,022 19 1,674,978 1,714,690 1,723,829 1,741,378 977,816 1,006,047 1,010,266 1,022,913 268,725 278,268 278,012 281,100 1,397,638 1,454,792 1,430,475 1,443,409 6,919 7,014 7,243 7,427 2,234 2,241 2,298 1,029 20 2,213 1,043 1,119 11,394 12,354 1,148 11,586 12,666 21 20,638 20,935 20,440 21,015 99,636 101,855 101,868 103,945 14,558 14,669 14,620 14,863 12,144 12,264 12,075 12,113 16,544 12,929 22 16,096 15,895 16,612 12,352 12,711 12,668 2,652 12,424 2,869 2,768 2,788 12,407 12,910 13,025 80,584 23 113,030 117,258 119,710 76,924 83,814 86,160 20,962 21,949 22,822 23,218 121,611 84,474 90,204 91,341 87,385 24 198,391 201,771 203,226 106,743 106,579 107,282 24,698 25,404 25,303 25,501 204,623 104,724 170,874 168,996 167,671 168,672 25 115,701 117,688 118,996 119,827 68,809 69,946 69,942 70,738 16,464 16,769 16,683 16,821 120,195 118,518 118,359 118,915 36,797 82,690 84,231 36,545 8,234 26 84,083 84,796 35,915 36,636 8,635 8,620 8,680 50,679 49,312 49,758 50,478 27 106,782 109,642 110,014 70,128 111,339 66,810 68,568 69,489 16,422 16,745 16,850 17,101 84,307 82,939 84,812 85,305 142,782 72,941 21,669 22,201 22,221 22,345 28 140,143 142,626 143,751 71,393 72,609 72,357 107,252 105,413 107,035 107,055 50,417 29 79,073 80,162 82,301 49,254 50,711 11,283 11,608 11,930 11,899 82,625 50,740 53,079 54,754 55,090 53,709 52,344 25,335 25,284 30 51,146 51,903 52,561 25,109 25,520 13,315 13,647 13,547 13,773 87,736 90,217 90,130 91,180 119,036 124,610 123,121 65,263 67,801 68,546 19,496 20,436 20,389 20,681 31 124,433 67,690 92,268 94,252 96,240 93,038 32 39,562 39,765 26,853 26,057 26,721 38,611 40,476 25,080 5,636 5,845 5,935 35,885 37,541 5,969 37,349 36,975 198,584 104,517 33 192,627 198,874 201,276 100,728 105,345 107,394 33,434 34,019 34,621 35,210 192,755 225,129 199,271 201,639 34 54,280 54,957 16,579 16,617 52,718 55,751 15,449 16,985 7,816 9,998 7,373 7,422 38,081 40,832 41,394 40,193 53,197 94,103 96,622 51,478 53,073 53,983 12,660 13,051 13,034 13,250 35 95,931 98,465 71,190 72,512 73,496 74,336 28,792 12,227 36 28,143 28,631 28,650 12,155 12,410 12,110 4,214 4,321 4,356 24,790 25,212 25,140 4,353 25,240 37 238,664 241,302 245,045 246,347 113,604 114,494 117,036 117,695 31,085 32,093 32,261 32,467 168,283 172,482 172,736 173,719 8,464 38 22,946 23,082 8,373 8,242 8,267 3,447 3,506 25,262 23,106 23,415 3,413 3,589 25,372 25,511 26,373 73,201 75,261 76,114 36,024 36,638 11,348 11,566 11,830 11,885 39 74,849 35,258 36,285 66,247 69,387 67,798 68,513 82,712 85,114 43,057 40 84,425 42,013 43,350 43,561 13,019 13,372 13,526 13,638 62,402 85,680 63,416 63,809 63,256 41 410,098 410,512 410,736 409,955 186,300 186,608 187,017 187,032 61,144 60,855 61,218 61,178 333,255 333,293 330,889 330,613 42 79,349 32,967 32,846 32,914 79,238 79,209 78,450 32,720 11,749 11,631 11,516 11,403 43,405 42,742 43,297 42,943 43 55,233 54,844 55,445 55,541 19,565 19,261 19,537 19,545 6,257 31,634 6,145 6,113 6,291 31,500 31,606 31,148 44 275,516 276,430 276,082 275,964 133,768 134,501 134,566 134,766 43,250 43,112 43,445 43,484 258,350 258,848 256,238 256,340 p Preliminary r Revised D Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the total. L Less than $500,000, but the estimates for this item are included in the total. 1. The industry classification uses the 2012 North American Industry Classification System (NAICS) for 2012-2013. 2. Contributions for government social insurance are included in earnings by type and industry, but they are excluded from personal income. 3. The adjustment for residence is the net inflow of the earnings of interarea commuters. For the United States, it consists of adjustments for border workers: Wages and salaries to U.S. residents commuting to Canada less wages and salaries to Canadian and Mexican residents commuting into the United States. 4. Rental income of persons includes the capital consumption adjustment. 5. Proprietors’ income includes the inventory valuation adjustment and the capital consumption adjustment. N ote . The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. November 2013 89 Schedule of BEA News Releases in 2014 January U.S. International Trade in Goods and Services, November 2013* Gross Domestic Product, 4th quarter 2013 and 2013 (advance estimate) Personal Income and Outlays, December 2013 February U.S. International Trade in Goods and Services, December 2013* Gross Domestic Product, 4th quarter 2013 and 2013 (second estimate) March Personal Income and Outlays, January 2014 U.S. International Trade in Goods and Services, January 2014* U.S. International Transactions, 4th quarter 2013 and 2013 U.S. Travel and Tourism Satellite Accounts, 4th quarter 2013 State Quarterly Personal Income, 1st quarter 2013-4th quarter 2013 and State Annual Personal Income, 2013 (preliminary estimates) U.S. Net International Investment Position: End of 4th quarter 2013 and 2013 Gross Domestic Product, 4th quarter 2013 and 2013 (third estimate) and Corporate Profits, 4th quarter 2013 and 2013 Personal Income and Outlays, February 2014 April U.S. International Trade in Goods and Services, February 2014* Real Personal Income for States and M etropolitan Areas, 2008-2012 Gross Domestic Product by Industry, 4th quarter 2013 and 2013 Gross Domestic Product, 1st quarter 2014 (advance estimate) May Personal Income and Outlays, March 2014 U.S. International Trade in Goods and Services, March 2014* Gross Domestic Product, 1st quarter 2014 (second estimate) and Corporate Profits, 1st quarter 2014 (preliminary estimate) Personal Income and Outlays, April 2014 June U.S. International Trade in Goods and Services, April 2014* U.S. International Trade in Goods and Services Annual Revision, 2013* Gross Domestic Product by State, 2013 (advance estimates) and 1997-2012 (revised estimates) U.S. International Transactions, 1st quarter 2014 and Annual Revisions State Quarterly Personal Income, 1st quarter 2013-1st quarter 2014 Gross Domestic Product, 1st quarter 2014 (third estimate) and Corporate Profits, 1st quarter 2014 (revised estimate) Personal Income and Outlays, May 2014 U.S. Travel and Tourism Satellite Accounts, 1st quarter 2014 U.S. Net International Investment Position: End of 1st quarter 2014 and 2013 and Annual Revisions January 7 January 30 January 31 February 6 February 28 March 3 March 7 March 19 March 20 March 25 March 26 March 27 March 28 April 3 April 24 April 25 April 30 May 1 May 6 May 29 May 30 June 4 June 4 June 11 June 18 June 24 June 25 June 26 June 27 June 30 All releases except “Personal Income and Outlays, November 2014” are scheduled for 8:30 a.m. This release is sched ules for 10 a.m. *Joint release by the Census Bureau and the Bureau of Economic Analysis Schedule of News Releases in 2014 90 July U.S. International Trade in Goods and Services, May 2014* Gross Domestic Product by Industry, 1st quarter 2014 Gross Domestic Product, 2nd quarter 2014 (advance estimate) and Historical Revisions November 2013 July 3 July 25 July 30 August Personal Income and Outlays, June 2014 and Revised Estimates for 2011-May 2004 U.S. International Trade in Goods and Services, June 2014* Personal Consum ption Expenditures by State, 1997-2012 (prototype statistics) Quarterly Gross Domestic Product by State, 2007-2013 (prototype statistics) Gross Domestic Product, 2nd quarter 2014 (second estimate) and Corporate Profits, 2nd quarter 2014 (preliminary estimate) Personal Income and Outlays, luly 2014 Septem ber U.S. International Trade in Goods and Services, July 2014* Gross Domestic Product by M etropolitan Area, 2013 (advance estimates) and 2001-2012 (revised estimates) U.S. International Transactions, 2nd quarter, 2014 U.S. Travel and Tourism Satellite Accounts, 2nd quarter 2014 U.S. Net International Investment Position: End of 2nd quarter 2014 Gross Domestic Product, 2nd quarter 2014 (third estimate) and Corporate Profits, 2nd quarter 2014 (revised estimate) Personal Income and Outlays, August 2014 State Quarterly Personal Income, 1st quarter 2011-2nd quarter 2014 and Revised State Annual Personal Income, 2011—2013 October U.S. International Trade in Goods and Services, August 2014* Gross Domestic Product, 3rd quarter 2014 (advance estimate) Personal Income and Outlays, September 2014 Novem ber U.S. International Trade in Goods and Services, September 2014* Gross Domestic Product by Industry, 2nd quarter 2014 and 2011-2013 (revised estimates) Local Area Personal Income, 2011-2013 Gross Domestic Product, 3rd quarter 2014 (second estimate) and Corporate Profits, 3rd quarter 2014 (preliminary estimate) Personal Income and Outlays, October 2014 Decem ber U.S. International Trade in Goods and Services, October 2014* U.S. International Transactions, 3rd quarter 2014 U.S. Travel and Tourism Satellite Accounts, 3rd quarter 2014 State Quarterly Personal Income, 1st quarter 2013—3rd quarter 2014 Gross Domestic Product, 3rd quarter 2014 (third estimate) and Corporate Profits, 3rd quarter 2014 (revised estimate) Personal Income and Outlays, November 2014 U.S. Net International Investment Position: End of 3rd quarter 2014 August 1 August 6 August 7 August 20 August 28 August 29 September 4 September September September September 16 17 18 25 September 26 September 29 September 30 October 3 October 30 October 31 November 4 November 13 November 20 November 25 November 26 December December December December 5 17 18 19 December 23 December 23 December 30 D-1 November 2013 BEA Current and Historical Data A selection of estimates from the national, industry, international, and regional accounts of the Bureau of Economic Analysis (BEA) are presented in this section. BEA’s estimates are not copyrighted and may be reprinted without BEA’s permission. Citing the S u r v e y o f C u r r e n t B u s i n e s s and BEA as the source is appreciated. More detailed estimates from BEA’s accounts are available on BEA’s Web site at www.bea.gov. These estimates are available in a variety of formats. In addition, news releases, articles, and other information, including methodologies and working papers, are available. The tables present annual [A], quarterly [Q], and monthly [M] data. N a tio n a l D ata A. S elected NIPA tables [A,Q] 1. 2. 3. 4. 5. 6. 7. Domestic product and incom e............................... D -2 Personal income and outlays.................................. D-22 Government current receipts and expenditures ...D -27 Foreign transactions................................................. D -40 Saving and investment.............................................D -44 Income and employment by industry................... D-51 Supplemental tables.................................................. D-52 B. NIPA -related table G. Investm ent tables [A] G.l U.S. international investment position............ D-74 G.2 USDIA: Selected items......................................D-75 G.3 Selected financial and operating data of foreign affiliates of U.S. companies.......................... D-76 G.4 FDIUS: Selected items...................................... D-77 G.5 Selected financial and operating data of U.S. affiliates of foreign companies..................... D-78 H. C h arts The United States in the international economy.....D-79 B.l Personal income and its disposition [A, M ]...... D-56 C. H istorical m easu res [A, Q] C.l GDP and other major NIPA aggregates..............D-57 D. C h arts Selected NIPA series..................................................... D-61 In d u s try D ata E. Industry table R e g io n a l D a t a I. State and regional tables 1.1 Personal income [Q].......................................... D-80 1.2 Personal income and per capita personal income [A]....................................... D -81 1.3 Disposable personal income and per capita disposable personal income [A]..................... D-82 1.4 Gross domestic product by state [A].................. D-83 E. 1 Value added by industry [A]................................. D -67 In te rn a tio n a l D ata F. Transactions table F.l U.S. international transactions in goods and services [A, M ] .............................................D-68 F.2 U.S. international transactions [A, Q ]................. D -69 F.3 U.S. international transactions by area [Q].........D -70 F.4 Private services transactions [A]...........................D-73 J. Local area tables J. 1 Personal income and per capita personal income by metropolitan area [A]................................D-84 1.2 Gross domestic product by metropolitan area for industries [A]............................................ D-89 K. C harts Selected regional estimates...................................... D-93 A p p e n d ix e s A. A d ditional inform ation abo ut th e NIPA estim ates Statistical conventions............................................. D-95 Reconciliation table [A, Q ]..................................... D-96 B. S u ggested re a d in g ............................................ D-97 D-2 November 2013 National Data A . S e le c te d N IPA T a b le s The selected set of NIPA tables presents the most recent estimates of gross domestic product (GDP) and its components, which were released on November 7, 2013. These estimates include the advance estimates for the third quarter of 2013. The selected set presents quarterly estimates that are updated monthly. Annual estimates are presented in m ost of the tables. Estimates for all NIPA series for 1929 forward are on BEA’s Web site at www.bea.gov. The GDP news release is available on BEA’s Web site within minutes after the release. To receive an e-mail no tification of the release, go to www.bea.gov and subscribe. The “Selected NIPA Tables” are available later that day. 1. D o m estic P roduct and Incom e Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product Table 1.1.2. Contributions to Percent Change in Real Gross Domestic Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 III Gross domestic product....... Personal consumption expenditures............................... Goods......................................... Durable goods......................... Nondurable goods................... Services..................................... Gross private domestic investment................................... Fixed investment.......................... Nonresidential......................... Structures............................ Equipment........................... Intellectual property products Residential............................... Change in private inventories Net exports of goods and services Exports....................................... Goods...................................... Services.................................. Imports....................................... Goods...................................... Services.................................. Government consumption expenditures and gross investment................................... Federal........................................ National defense...................... Nondefense............................. State and local............................. Line 2013 IV I II 1 1.8 2.8 2.8 0.1 1.1 2.5 2.8 2 3 4 5 6 2.5 3.4 6.6 1.9 2.1 2.2 3.3 7.7 1.4 1.6 1.7 3.7 8.3 1.6 0.7 1.7 3.7 10.5 0.6 0.6 2.3 3.7 5.8 2.7 1.5 1.8 3.1 6.2 1.6 1.2 1.5 4.3 7.8 2.7 0.1 7 8 9 10 11 12 13 14 4.9 6.2 7.6 2.1 12.7 4.4 0.5 9.5 8.3 7.3 12.7 7.6 3.4 12.9 6.5 2.7 0.3 5.9 -3.9 2.8 14.1 -2.4 11.6 9.8 17.6 8.9 5.7 19.8 4.7 -1.5 -4.6 -25.7 1.6 3.7 12.5 9.2 6.5 4.7 17.6 3.3 -1.5 14.2 9.5 4.1 1.6 12.3 -3.7 2.2 14.6 15 16 ......7.1 17 7.1 18 7.0 19 4.9 20 5.2 21 3.1 3.5 3.8 3.0 2.2 2.1 2.7 0.4 ........i.i 1.6 -3.0 -2.6 11.3 0.5 -3.1 0.4 -3.5 1.0 -1.0 -1.3 -2.8 2.2 0.6 -0.2 5.0 8.0 .......45 9.4 6.4 0.6 4.8 6.9 1.9 7.5 1.8 4.0 2.2 22 23 24 25 26 -3.2 -2.6 -2.3 -3.0 -3.6 -1.0 -1.4 -3.2 1.8 -0.7 3.5 8.9 12.5 2.8 -0.2 -6.5 -13.9 -21.6 1.0 -1.0 -4.2 -8.4 -11.2 -3.6 -1.3 -0.4 -1.6 -0.6 -3.1 0.4 0.2 -1.7 -0.7 -3.3 1.5 27 3.8 4.6 4.9 1.6 2.8 3.1 4.8 Addendum: Gross domestic product, current dollars...................................... 2011 2012 2012 III III Percent change at annual rate: Gross domestic product....... Percentage points at annual rates: Personal consumption expenditures............................... 2013 IV I II III 1 1.8 2.8 2.8 0.1 1.1 2.5 2.8 2 3 4 5 6 1.74 0.76 0.46 0.30 0.98 1.52 0.77 0.56 0.22 0.74 1.15 0.84 0.59 0.25 0.31 1.13 0.85 0.74 0.10 0.29 1.54 0.85 0.43 0.43 0.69 1.24 0.71 0.46 0.26 0.53 1.04 0.99 0.57 0.42 0.05 Gross private domestic investment................................... I Fixed investment.......................... Nonresidential.......................... Structures............................ Equipment........................... Intellectual property products Residential............................... Change in private inventories...... 8 9 10 11 12 13 14 0.69 0.85 0.84 0.05 0.62 0.17 0.01 -0.16 1.36 1.17 0.85 0.31 0.41 0.13 0.32 0.20 0.99 0.39 0.04 0.15 -0.22 0.11 0.35 0.60 -0.36 1.63 1.13 0.44 0.47 0.21 0.50 -2.00 0.71 -0.23 -0.57 -0.80 0.09 0.14 0.34 0.93 1.38 0.96 0.56 0.43 0.18 -0.06 0.40 0.41 1.45 0.63 0.20 0.32 -0.21 0.09 0.43 0.83 Net exports of goods and services 15 16 17 18 19 20 21 0.10 0.89 0.63 0.27 -0.79 -0.70 -0.09 0.10 0.48 0.36 0.12 -0.38 -0.30 -0.07 -0.03 0.05 0.16 -0.10 -0.08 -0.05 -0.03 0.68 0.15 -0.28 0.43 0.53 0.50 0.03 -0.28 -0.18 -0.27 0.09 -0.10 0.03 -0.13 -0.07 1.04 0.84 0.20 -1.10 -1.00 -0.11 0.31 0.60 0.58 0.02 -0.30 -0.24 -0.06 22 23 24 25 26 -0.68 -0.23 -0.13 -0.10 -0.46 -0.20 -0.12 -0.17 0.05 -0.08 0.67 0.69 0.60 0.08 -0.02 -1.31 -1.19 -1.22 0.03 -0.12 -0.82 -0.68 -0.57 -0.11 -0.14 -0.07 -0.12 -0.03 -0.09 0.05 0.04 -0.13 -0.03 -0.10 0.17 Goods......................................... Durable goods......................... Nondurable goods................... Services...................................... Exports....................................... Goods..................................... Services................................... Imports........................................ Goods..................................... Services................................... Government consumption expenditures and gross investment................................... Federal........................................ National defense...................... Nondefense............................. State and local............................. November 2013 D-3 S u r v e y o f 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, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line Gross domestic product Personal consumption expenditures...................... Goods................................. Durable goods................. Nondurable goods........... Services.............................. Gross private domestic investment........................... Fixed investment.................. Nonresidential................. Structures.................... Equipment................... Intellectual property products.................. Residential....................... Change in private inventories Net exports of goods and services............................... Exports................................ Goods.............................. Services.......................... Imports................................ Goods.............................. Services.......................... Government consumption expenditures and gross investment.......................... Federal................................ National defense.............. Nondefense..................... State and local..................... 2011 1 104.400 2012 107.302 2 104.555 106.854 3 106.925 110.495 4 113.074 121.833 5 104.177 105.594 6 103.411 105.090 2012 Seasonally adjusted 2013 Line III IV I II III 107.741 107.780 108.087 108.751 109.517 107.092 107.537 108.138 110.888 111.904 112.928 122.484 125.591 127.379 105.877 106.047 106.762 105.252 105.421 105.818 108.625 113.793 129.309 107.197 106.125 109.036 115.006 131.774 107.906 106.155 / 8 9 10 11 118.449 129.705 130.795 130.012 131.521 134.440 137.536 107.844 116.766 116.675 119.914 119.467 121.362 122.599 110.225 118.263 117.938 120.717 119.318 120.685 121.165 96.212 85.360 96.299 100.282 93.090 96.943 99.785 130.639 140.604 139.602 142.609 143.175 144.326 142.970 12 13 14 106.388 97.964 109.962 110.581 110.072 111.476 111.617 116.635 112.648 120.123 112.235 124.180 112.856 128.494 1*i 16 17 18 19 20 21 119.367 122.470 112.939 118.239 121.176 105.934 123.590 127.100 116.297 120.860 123.750 108.779 123.851 128.000 115.199 121.358 124.282 109.139 124.196 127.038 118.321 120.398 123.170 108.855 123.781 126.126 118.961 120.584 123.098 110.197 126.181 128.995 120.372 122.615 125.341 111.296 127.590 130.999 120.542 123.179 125.898 111.896 22 23 24 25 26 96.868 101.660 100.802 103.230 93.751 95.921 100.212 97.562 105.068 93.128 96.752 102.212 100.446 105.440 93.207 95.135 98.455 94.506 105.708 92.966 94.117 96.315 91.731 104.740 92.672 94.024 95.933 91.592 103.910 92.765 94.074 95.528 91.442 103.033 93.110 Gross domestic product Personal consumption expenditures...................... Goods................................. Durable goods................. Nondurable goods........... Services.............................. Gross private domestic investment.......................... Fixed investment.................. Nonresidential.................. Structures.................... Equipment................... Intellectual property products................... Residential....................... Change in private inventories 2011 2012 2012 2013 III IV I II III 1 103.203 105.008 105.345 105.640 105.994 106.165 106.667 2 3 4 5 6 104.086 105.345 97.649 109.128 103.463 106.009 106.666 96.467 111.765 105.689 106.193 106.718 96.246 111.964 105.939 106.622 106.900 95.746 112.522 106.493 106.909 106.641 95.487 112.264 107.060 106.878 105.740 95.016 111.126 107.477 107.391 106.325 94.458 112.359 107.954 7 8 9 10 11 100.364 100.506 100.524 101.748 98.928 101.646 101.852 101.977 103.732 100.187 101.820 102.045 102.157 103.856 100.300 102.196 102.386 102.350 104.164 100.673 102.726 102.967 102.692 105.189 100.601 103.206 103.478 103.008 106.521 100.500 103.542 103.870 103.300 107.255 100.589 12 101.789 13 100.392 14 103.169 101.246 103.486 101.505 103.325 102.500 103.816 104.088 104.071 105.396 104.360 106.186 112.185 113.507 109.312 114.862 116.855 105.895 112.114 113.414 109.293 113.570 115.316 105.740 112.543 113.731 109.974 114.725 116.592 106.336 112.944 114.060 110.531 114.873 116.779 106.309 112.034 112.771 110.451 113.411 115.028 106.165 112.274 112.865 111.014 113.466 115.113 106.083 22 105.560 106.882 23 105.344 106.184 24 105.191 106.252 25 105.624 106.077 26 105.710 107.371 106.850 106.224 106.322 106.065 107.288 107.209 106.370 106.542 106.081 107.798 107.454 107.007 107.283 106.549 107.775 107.485 107.229 107.512 106.760 107.676 107.898 107.550 107.816 107.108 108.152 Net exports of goods and Exports............................... Goods............................. Services........................... Imports................................ Goods.............................. Services........................... Government consumption expenditures and gross investment.......................... Federal................................ National defense.............. Nondefense..................... State and local..................... 1S 16 17 18 19 20 21 111.140 113.012 107.039 114.273 116.178 105.713 Table 1.1.5. Gross Domestic Product Table 1.1.6. Real Gross Domestic Product, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 III Gross domestic product Personal consumption expenditures....................... Goods.................................. Durable goods................. Nondurable goods........... Services.............................. Gross private domestic investment.......................... Fixed investment.................. Nonresidential................. Structures.................... Equipment................... Intellectual property products.................. Residential....................... Change in private inventories Net exports of goods and services.............................. Exports............................... Goods............................. Services......................... Imports............................... Goods.............................. Services......................... Government consumption expenditures and gross investment.......................... Federal............................... National defense.............. Nondefense..................... State and local..................... Line 2013 IV I II 2012 2 10,711.8 11,149.6 11,193.6 11,285.5 11,379.2 11,427.1 11,525.4 3 3,602.7 3,769.7 3,784.9 3,826.1 3,851.8 3,848.5 3,911.0 4 1,129.9 1,202.7 1,206.5 1,230.7 1,244.8 1,257.5 1,273.9 5 2,472.8 2,567.0 2,578.4 2,595.4 2,607.0 2,591.0 2,637.1 6 7,109.1 7,379.9 7,408.7 7,459.4 7,527.4 7,578.6 7,614.4 7 8 9 10 11 2,232.1 2,195.6 1,809.9 380.6 832.7 2,475.2 2,409.1 1,970.0 437.3 907.6 2,493.3 2,411.7 1,968.0 438.3 902.2 2,499.9 2,486.9 2,018.2 457.8 925.0 2,555.1 2,491.7 2,001.4 429.1 928.0 2,621.0 2,543.8 2,030.6 452.6 934.6 2,689.8 2,579.5 2,044.5 469.0 926.6 12 13 14 596.6 385.8 36.4 625.0 439.2 66.1 627.5 443.7 81.6 635.4 468.8 13.0 644.3 490.3 63.4 643.5 513.2 77.2 648.8 535.0 110.3 1b 16 17 18 19 20 21 -568.7 2,101.2 1,473.6 627.6 2,669.9 2,234.6 435.3 -547.2 2,195.9 1,536.0 659.9 2,743.1 2,295.4 447.7 -524.4 2,199.2 1,545.6 653.6 2,723.5 2,275.0 448.6 -515.8 2,213.7 1,538.3 675.5 2,729.5 2,279.6 449.9 -523.1 2,214.2 1,531.6 682.6 2,737.3 2,281.9 455.3 -509.0 2,238.9 1,548.8 690.2 2,747.9 2,288.7 459.3 -493.1 2,268.8 1,574.1 694.7 2,761.9 2,300.5 461.4 22 23 24 25 26 3,158.7 1,304.1 835.8 468.2 1,854.7 3,167.0 1,295.7 817.1 478.6 1,871.3 3,193.5 1,322.1 841.9 480.2 1,871.4 3,150.7 1,275.2 793.7 481.5 1,875.4 3,124.1 1,255.0 775.8 479.2 1,869.1 3,121.9 1,252.6 776.3 476.3 1,869.3 3,135.6 1,251.0 777.2 473.9 1,884.5 2012 III III 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,857.6 2011 Gross domestic product Personal consumption expenditures...................... Goods.................................. Durable goods................. Nondurable goods........... Services............................... Gross private domestic investment.......................... Fixed investment.................. Nonresidential.................. Structures.................... Equipment................... Intellectual property products................... Residential....................... Change in private inventories Net exports of goods and services.............................. Exports................................ Goods.............................. Services........................... Imports................................ Goods.............................. Services........................... Government consumption expenditures and gross investment.......................... Federal................................. National defense.............. Nondefense..................... State and local..................... Residual.................................. 2013 IV I II III 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,790.1 2 10,291.3 10,517.6 10,541.0 10,584.8 10,644.0 10,691.9 10,732.3 3 3,419.9 3,534.1 3,546.7 3,579.2 3,611.9 3,639.6 3,678.4 4 1,157.1 1,246.7 1,253.4 1,285.2 1,303.5 1,323.2 1,348.5 5 2,266.0 2,296.8 2,303.0 2,306.7 2,322.2 2,331.7 2,347.1 6 6,871.1 6,982.7 6,993.4 7,004.7 7,031.1 7,051.5 7,053.4 7 8 9 10 11 2,224.6 2,184.6 1,800.5 374.1 841.7 2,436.0 2,365.3 1,931.8 421.6 905.9 2,456.5 2,363.5 1,926.4 422.0 899.5 2,441.8 2,429.1 1,971.9 439.4 918.8 2,470.1 2,420.0 1,949.0 407.9 922.5 2,524.9 2,458.4 1,971.3 424.8 929.9 2,583.1 2,483.5 1,979.2 437.3 921.2 12 13 14 586.1 384.3 33.6 605.8 433.7 57.6 606.4 437.3 77.2 614.9 457.5 7.3 620.6 471.2 42.2 618.3 487.1 56.6 621.7 504.0 86.0 15 16 17 18 19 20 21 -445.9 1,890.5 1,303.9 586.3 2,336.4 1,923.4 411.8 -430.8 1,957.4 1,353.2 603.7 2,388.2 1,964.3 422.8 -436.5 1,961.6 1,362.8 598.0 2,398.0 1,972.7 424.2 -412.1 1,967.0 1,352.6 614.2 2,379.1 1,955.1 423.1 -422.3 1,960.5 1,342.8 617.5 2,382.7 1,954.0 428.3 -424.4 1,998.4 1,373.4 624.9 2,422.9 1,989.6 432.6 -413.2 2,020.8 1,394.7 625.8 2,434.0 1,998.4 434.9 22 23 24 25 26 27 2,992.3 1,237.9 794.6 443.3 1,754.5 -9.0 2,963.1 1,220.3 769.1 451.2 1,742.8 -13.0 2,988.8 1,244.6 791.8 452.8 1,744.3 -11.0 2,938.8 1,198.9 745.0 453.9 1,739.8 -22.2 2,907.4 1,172.8 723.1 449.8 1,734.3 -22.5 2,904.5 1,168.2 722.0 446.2 1,736.0 -23.7 2,906.0 1,163.2 720.8 442.4 1,742.5 -22.0 Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. November 2013 National Data D-4 Table 1.1.7. Percent Change From Preceding Period in Prices for Gross Domestic Product Table 1.1.8. Contributions to Percent Change in the Gross Domestic Product Price Index [Percent] Seasonally adjusted at annual rates Line 2011 2012 IV III Gross domestic product Personal consumption expenditures...................... Goods................................. Durable goods................. Nondurable goods........... Services.............................. 1 2 3 4 5 6 Gross private domestic investment.......................... Fixed investment.................. Nonresidential................. Structures.................... Equipment................... Intellectual property products.................. Residential....................... Change in private inventories 12 13 14 Net exports of goods and services............................. Exports............................... Goods.............................. Services.......................... Imports................................ Goods.............................. Services.......................... IS 16 17 18 19 20 21 Government consumption expenditures and gross investment.......................... Federal................................ National defense.............. Nondefense..................... State and local..................... 22 23 24 25 26 Addenda: Gross national product........ Implicit price deflators: Gross domestic product1 Gross national product1 7 8 9 10 11 2.0 Seasonally adjusted at annual rates 2013 2012 I II Line 2011 2012 III 2012 1.7 2.3 1.1 1.3 0.6 1.9 -0.1 1.9 2.4 1.8 1.7 1.6 1.1 3.6 -1.0 5.9 1.8 1.3 -1.2 2.4 2.2 1.3 -2.2 3.0 1.9 0.7 -2.1 2.0 2.1 -1.0 -1.1 -0.9 2.1 -3.3 -2.0 ^1.0 1.6 2.2 -2.3 4.5 1.8 1.3 1.3 1.3 1.5 2.1 1.9 1.3 1.3 1.5 2.9 0.9 1.3 1.4 1.9 1.3 1.4 1.0 0.6 1.4 1.3 0.8 1.2 1.5 2.3 1.3 4.0 -0.3 2.0 1.2 5.2 -0.4 1.5 1.1 2.8 0.4 1.2 0.7 1.4 0.9 0.7 3.4 -0.6 4.0 1.9 6.3 1.0 5.1 1.1 3.0 6.4 7.6 3.8 7.8 8.8 2.8 0.9 0.4 2.1 0.5 0.6 0.2 0.0 0.0 -0.1 -5.0 -5.9 -0.3 1.5 1.1 2.5 4.1 4.5 2.3 1.4 1.2 2.0 0.5 0.6 -0.1 -3.2 -4.4 -0.3 -5.0 -5.9 -0.5 0.9 0.3 2.1 0.2 0.3 -0.3 2.8 1.3 0.3 1.4 0.9 0.1 1.5 2.7 2.8 2.5 2.9 0.8 1.0 0.4 1.6 0.2 0.4 -0.2 0.4 0.6 0.8 0.1 1.9 2.4 2.8 1.8 -0.1 0.8 0.9 0.8 -0.4 1.2 1.1 1.3 1.8 27 2.0 1.7 2.3 1.1 1.3 0.6 28 29 2.0 2.0 1.7 1.7 2.1 2.1 1.4 1.4 1.7 1.7 0.6 0.6 1.9 Percent change at annual rate: Gross domestic product Percentage points at annual rates: Personal consumption expenditures...................... Goods................................. Durable goods................. Nondurable goods........... Services............................... Gross private domestic investment.......................... Fixed investment.................. Nonresidential.................. Structures.................... Equipment................... Intellectual property products................... Residential....................... Change in private inventories Net exports of goods and services............................... Exports............................... Goods............................. Services........................... Imports................................. Goods.............................. Services........................... Government consumption expenditures and gross investment.......................... Federal................................ National defense.............. Nondefense..................... State and local..................... 1.7 2013 IV III 1.1 II 1.9 2.0 2 3 4 5 6 1.64 1.27 1.17 1.11 0.74 -0.08 1.32 0.83 -0.07 0.90 0.81 0.29 -0.09 0.38 0.98 0.32 -0.16 0.48 0.86 0.16 -0.15 0.32 0.95 -0.23 -0.08 -0.14 0.97 -0.79 -0.15 -0.64 0.71 0.52 -0.18 0.69 0.81 7 8 9 10 11 0.18 0.19 0.19 0.22 0.32 0.29 0.21 0.19 0.17 0.07 0.05 0.19 0.17 0.05 0.07 0.21 0.13 0.02 0.08 0.20 0.09 0.03 0.08 0.34 0.16 0.11 -0.02 0.30 0.15 0.13 -0.02 0.23 0.14 0.08 0.02 12 13 14 0.05 0.02 -0.01 0.05 0.02 0.00 0.03 0.09 -0.02 -0.02 0.11 0.02 0.07 0.18 -0.03 0.04 0.15 -0.01 0.04 0.09 -0.03 15 16 17 18 19 20 21 -0.44 0.04 0.11 0.41 0.09 0.13 0.04 0.09 -0.09 -0.08 0.87 0.00 0.00 0.00 -0.47 0.81 0.67 0.15 -1.25 -1.17 -0.08 0.87 0.86 0.01 0.21 0.10 0.10 -0.67 -0.61 -0.06 0.19 0.11 0.08 -0.09 -0.09 -0.43 -0.42 -0.01 0.85 0.83 0.02 0.12 0.03 0.08 -0.03 -0.04 0.01 22 23 24 25 26 0.58 0.25 0.06 0.26 0.18 0.02 0.29 0.23 0.15 0.08 0.35 0.07 0.05 0.01 0.18 0.01 0.02 -0.01 0.05 0.04 0.04 0.18 0.13 0.05 -0.01 0.06 0.04 0.02 -0.04 0.09 0.05 0.04 0.20 0.00 0.22 1.3 III 1 0.00 2.3 I 0.00 0.6 1. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.1.9. Table 1.1.9. Implicit Price Deflators for Gross Domestic Product Table 1.1.10. Percentage Shares of Gross Domestic Product [Index numbers, 2009=100] [Percent] 2012 Seasonally adjusted Line Line 2011 2012 2012 III Gross domestic product Personal consumption expenditures...................... Goods................................. Durable goods................. Nondurable goods........... Services.............................. Gross private domestic investment........................... Fixed investment.................. Nonresidential................. Structures.................... Equipment................... Intellectual property products.................. Residential....................... Change in private inventories I II III 105.002 105.292 105.667 106.105 106.259 106.761 2 104.086 3 105.345 4 97.649 5 109.128 6 103.463 106.009 106.191 106.620 106.907 106.876 107.390 7 100.336 101.608 8 100.506 101.852 9 100.524 101.977 10 101.748 103.732 11 98.928 100.187 12 13 14 101.788 100.392 103.167 101.246 106.717 96.258 111.962 105.938 106.900 95.758 112.520 106.491 106.640 95.500 112.262 107.059 105.739 95.029 111.124 107.476 106.324 94.471 112.357 107.952 101.498 102.382 103.442 103.805 104.132 102.039 102.156 103.859 100.299 102.382 102.349 104.175 100.673 102.962 102.691 105.200 100.601 103.473 103.007 106.533 100.500 103.865 103.300 107.266 100.589 103.484 101.471 103.322 102.463 103.813 104.050 104.069 105.358 104.358 106.147 Net exports of goods and Exports............................... Goods.............................. Services.......................... Imports................................ Goods.............................. Services.......................... Government consumption expenditures and gross investment........................... Federal................................ National defense.............. Nondefense..................... State and local..................... 1*i 16 17 18 19 20 21 111.140 113.013 107.039 114.273 116.178 105.713 112.185 113.508 109.312 114.862 116.855 105.895 112.113 113.413 109.290 113.574 115.321 105.740 112.543 113.730 109.972 114.730 116.598 106.336 112.943 114.059 110.529 114.879 116.785 106.308 112.034 112.770 110.448 113.416 115.034 106.164 22 105.560 106.882 23 105.344 106.184 24 105.191 106.252 25 105.624 106.077 26 105.710 107.371 106.850 107.209 107.454 107.485 107.898 106.225 106.324 106.063 107.288 106.370 106.545 106.078 107.797 107.006 107.286 106.546 107.775 107.229 107.515 106.757 107.676 27 105.413 105.788 106.225 106.380 Addendum: Gross national product........ 112.274 112.864 111.011 113.471 115.119 106.083 103.322 105.126 107.549 107.819 107.106 108.152 Gross domestic product Personal consumption expenditures...................... Goods................................. Durable goods................. Nondurable goods........... Services.............................. Gross private domestic investment.......................... Fixed investment.................. Nonresidential.................. Structures.................... Equipment................... Intellectual property products................... Residential....................... Change in private inventories Net exports of goods and services............................... Exports................................ Goods.............................. Services........................... Imports................................. Goods.............................. Services........................... Government consumption expenditures and gross investment.......................... Federal................................ National defense.............. Nondefense..................... State and local..................... 2013 2012 III IV 100.0 100.0 100.0 II III 100.0 100.0 69.0 68.6 68.4 68.7 23.2 7.3 15.9 45.8 23.2 7.4 15.8 45.4 23.1 7.4 15.8 45.3 23.3 7.5 15.8 45.4 68.8 68.6 68.4 23.3 7.5 15.8 45.5 23.1 7.5 15.6 45.5 23.2 7.6 15.6 45.2 7 8 9 10 11 14.4 15.2 15.2 15.2 14.1 11.7 2.5 5.4 14.8 12.1 2.7 5.6 14.7 12.0 2.7 5.5 15.1 12.3 2.8 5.6 15.5 15.7 16.0 15.1 12.1 2.6 5.6 15.3 12.2 2.7 5.6 15.3 12.1 2.8 5.5 12 13 14 3.8 2.5 0.2 3.8 2.7 0.4 3.8 2.7 0.5 3.9 2.9 0.1 3.9 3.0 0.4 3.9 3.1 0.5 3.8 3.2 0.7 1b 16 17 18 19 20 21 -3.7 -3.4 13.5 9.5 4.0 17.2 14.4 2.8 13.5 9.5 4.1 16.9 14.1 2.8 -3.2 -3.1 -3.2 -3.1 -2.9 13.4 9.4 4.0 16.7 13.9 2.7 13.5 9.4 4.1 16.6 13.9 2.7 13.4 9.3 4.1 16.6 13.8 2.8 13.4 9.3 4.1 16.5 13.7 2.8 13.5 9.3 4.1 16.4 13.6 2.7 22 23 24 25 26 20.3 8.4 5.4 3.0 11.9 19.5 19.5 19.2 18.9 18.7 18.6 8.0 5.0 2.9 11.5 8.1 5.1 2.9 11.4 7.8 4.8 2.9 11.4 7.6 4.7 2.9 11.3 7.5 4.7 2.9 11.2 7.4 4.6 2.8 11.2 2013 IV 1 103.199 106.666 96.467 111.765 105.689 2011 1 100.0 2 3 4 5 6 I 100.0 November 2013 D-5 S u r v e y o f 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] 2012 2013 Line III Gross domestic product............................................................................................... Personal consumption expenditures Goods............................................. Durable goods............................ Nondurable goods....................... Services.......................................................................................................................... Gross private domestic investment..................................................................................... Fixed investment............................................................................................................. Nonresidential Structures Equipment Intellectual property products................................................................................... Residential Change in private inventories.......................................................................................... Net exports of goods and services..................................................................................... Exports......... Goods....... Services.... ............................................. Imports......... Goods.......................................................................................................................... Services........................................................................ Government consumption expenditures and gross investment..................................... Federal.............................................................................. National defense........................................................... Nondefense................................................................... State and local................................................................................................................ IV I II III 3.1 2.2 2.0 2.0 1.3 1.9 1.6 1.9 1.6 1.8 3.9 8.6 1.7 1.4 3.5 7.8 1.6 1.3 3.3 6.9 1.7 1.1 3.6 7.7 1.6 1.0 3.7 7.6 1.9 0.9 11.2 3.1 1.7 6.8 5.0 9.3 4.5 2.9 15.5 4.3 2.4 -0.3 2.9 3.5 12.9 4.4 4.7 2.4 2.1 2.4 2.7 15.1 5.2 6.5 5.0 8.5 4.8 2.8 13.6 5.1 2.7 3.6 2.4 2.5 15.3 15 16 17 18 19 20 21 2.8 4.0 -0.2 2.4 2.6 1.2 2.4 1.4 4.7 0.1 0.0 0.5 1.0 0.2 2.8 0.1 -0.2 1.8 2.0 1.2 3.8 1.2 1.0 2.2 3.0 2.3 4.6 1.5 1.3 2.5 22 23 24 25 26 0.2 -1.1 -1.8 -2.0 -2.8 0.7 -1.7 5.1 -0.2 -2.3 -5.0 2.6 -0.3 -3.8 0.3 -0.5 -4.1 -6.1 -0.8 -0.5 -6.5 -9.0 -2.3 -0.1 27 28 29 30 31 32 2.5 3.1 2.4 2.0 2.9 1.3 2.5 1.6 2.1 2.6 1.8 3.6 1.7 1.2 1.5 1.9 1.2 0.4 1.7 1.5 1.5 2.7 1.5 0.8 1.6 1.4 1.4 1.6 33 34 35 36 37 38 39 40 1.4 1.5 1.6 1.5 1.6 1.8 1.5 1.7 1.5 1.5 1.8 1.6 1.7 1.7 1.5 1.5 1.3 1.3 1.6 1.5 1.4 1.5 1.3 1.4 1.1 1.2 1.3 1.3 1.1 1.2 1.0 1.1 1.2 1.2 1.3 1.5 1.1 1.2 1.1 1.1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 -G.2 Addenda: Final sales of domestic product........................................................................................ Gross domestic purchases............................................................................................... Final sales to domestic purchasers Gross domestic income....... Gross national product........ Real disposable personal income Price indexes (Chain-type): Gross domestic purchases........................................................................................... Gross domestic purchases excluding food and energy 1 Gross domestic product.................................... Gross domestic product excluding food and energy 1 Personal consumption expenditures.................. Personal consumption expenditures excluding food and energy 1................................ Market-based PCE 2................................................................................................... Market-based PCE excluding food and energy2 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. Non. Percent changes for real estimates are calculated from corresponding quantity indexes presented in NIPA tables 1.1.3,1.2.3,1.4.3, and 1.7.3. Percent changes in price estimates are calculated from corre sponding price indexes presented in NIPA tables 1.1.4,1.6.4, and 2.3.4. Table 1.2.1. Percent Change From Preceding Period in Real Gross Domestic Product by Major Type of Product [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 Gross domestic product............. 2.8 Final sales of domestic product. Change in private inventories.... 2.0 Goods...................................... 6.9 Final sales.................................... Change in private inventories........ Durable goods..................... Final sales.................................... Change in private inventories 1..... Nondurable goods............... Final sales.................................... Change in private inventories 1..... Services 2.............................................. Structures............................................. Addenda: Motor vehicle output...................................................................................................... Gross domestic product excluding motor vehicle output................................................ Final sales of computers 3............................................................................................. Gross domestic product excluding final sales of computers.......................................... Gross domestic purchases excluding final sales of computers to domestic purchasers.. Research and development.......................................................................................... Gross domestic product excluding research and development...................................... Final sales of domestic product, current dollars............................................................. 4.2 3.2 0.4 11.5 9.0 1.1 -1.7 10.1 1.7 10.2 1.8 1.6 1.3 1.9 4.0 1.2 7.3 - 13.2 2.5 12.9 2.7 2.5 -0.3 2.9 4.4 - 0.6 - 0.1 12.7 12.0 2.8 -11.3 3.3 0.2 50.3 0.0 -0.9 0.4 0.1 3.3 - 2.8 2.9 2.5 0.9 2.9 4.0 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. D-6 National Data Table 1.2.2. Contributions to Percent Change in Real Gross Domestic Product by Major Type of Product November 2013 Table 1.2.3. Real Gross Domestic Product by Major Type of Product, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted at annual rates Line 2011 2012 2012 III Percent change at annual rate: Gross domestic product....... Percentage points at annual rates: Seasonally adjusted Line 2013 IV I II 2.8 2.8 0.1 1.1 2.5 2.8 Final sales of domestic product............................. 2 3 4 5 6 7 8 9 10 11 12 2.01 -0.16 2.58 0.20 2.19 0.60 2.14 -2.00 0.21 0.93 2.07 0.41 2.02 0.83 Goods.............................................. 1.26 1.53 1.46 -0.36 1.63 1.20 2.07 1.42 -0.16 1.07 1.03 0.04 0.20 0.40 -0.20 1.33 0.20 0.89 0.77 0.12 0.64 0.56 0.08 0.86 0.60 0.72 0.56 0.16 0.74 0.30 0.44 1.64 -2.00 0.09 1.03 -0.94 -0.45 0.61 -1.05 0.70 0.93 0.12 0.54 -0.42 1.51 0.15 1.35 0.79 0.41 0.70 0.49 0.21 0.50 0.30 0.20 1.25 0.83 0.55 0.07 0.48 1.52 1.17 0.35 Services 2........................................ Structures....................................... Addenda: 13 14 0.70 -0.12 0.76 0.49 1.00 0.32 -0.35 0.85 0.21 -0.70 0.46 0.82 -0.08 0.85 Motor vehicle output.................... Gross domestic product excluding motor vehicle output................ Final sales of computers 3........... Gross domestic product excluding final sales of computers........... Research and development......... Gross domestic product excluding research and development...... 15 0.23 0.32 0.01 -0.07 0.24 0.32 -0.33 16 17 1.62 0.04 2.46 0.05 2.78 0.00 0.22 0.16 0.91 0.07 2.16 0.06 3.18 -0.01 18 19 1.81 0.04 2.73 -0.01 2.78 0.04 -0.02 0.01 1.08 0.00 2.42 0.05 2.86 0.02 20 1.81 2.79 2.74 0.13 1.15 2.43 2.82 Final sales............................... Change in private inventories... Durable goods............................. Final sales............................... Change in private inventories ' Nondurable goods....................... Final sales............................... Change in private inventories 1 2012 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. 2013 IV I II III 1 104.400 107.302 107.741 107.780 108.087 108.751 109.517 Gross domestic product....... 1.8 Goods.............................................. 2012 III 1 Final sales of domestic product............................ Change in private inventories 2011 III 2 103.082 105.751 106.038 106.610 106.666 107.214 107.751 3 4 113.247 119.044 119.877 119.520 121.121 122.295 124.348 5 108.342 113.216 113.495 115.042 115.700 116.442 117.632 Final sales................................ fi Durable goods............................. Final sales................................ Change in private inventories 1 Nondurable goods....................... Final sales................................ Change in private inventories1 7 8 9 10 11 1? Services 2........................................ Structures........................................ Addenda: 14 118.549 124.849 125.614 125.788 126.014 127.298 128.314 110.537 115.729 115.895 117.715 118.669 119.516 119.632 106.969 112.182 113.087 112.137 115.277 116.325 119.542 105.657 110.150 110.564 111.792 112.105 112.723 115.167 13 102.244 103.463 103.778 103.634 103.723 103.912 103.876 Motor vehicle output.................... Gross domestic product excluding motor vehicle output................ Final sales of computers 3........... Gross domestic product excluding final sales of computers........... Gross domestic purchases excluding final sales of computers to domestic purchasers............................... Research and development......... Gross domestic product excluding research and development...... 90.647 97.238 97.313 100.256 97.863 100.648 103.541 15 143.428 162.380 163.327 162.190 165.810 170.616 165.586 16 103.707 106.319 106.749 106.809 107.057 107.646 108.517 17 105.257 118.857 114.126 126.373 131.570 136.355 135.376 18 104.400 107.260 107.718 107.713 108.003 108.653 109.424 19 104.553 107.203 107.722 107.486 107.871 108.549 109.208 20 103.275 102.944 102.990 103.103 103.064 103.561 103.797 21 104.431 107.421 107.870 107.908 108.225 108.893 109.673 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. Table 1.2.5. Gross Domestic Product by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Table 1.2.4. Price Indexes for Gross Domestic Product by Major Type of Product Line 2011 2012 [Index numbers, 2009=100] Gross domestic product... Seasonally adjusted Line 2011 2012 2012 III Gross domestic product....... Final sales of domestic product............................ Change in private inventories Goods.............................................. Final sales............................... Change in private inventories... Durable goods............................. Final sales............................... Change in private inventories 1 Nondurable goods....................... Final sales............................... Change in private inventories 1 Services 2........................................ Structures....................................... Addenda: Motor vehicle output.................... Gross domestic product excluding motor vehicle output................ Final sales of computers 3........... Gross domestic product excluding final sales of computers........... Implicit price deflator for final sales of domestic product................. Research and development......... Gross domestic product excluding research and development 2013 IV I II III 1 103.203 105.008 105.345 105.640 105.994 106.165 106.667 2 103.217 105.033 105.374 105.663 106.024 106.199 106.711 3 4 101.212 102.471 103.170 102.929 102.798 102.492 102.949 5 101.271 102.561 103.277 103.011 102.902 102.602 103.088 fi / 99.453 99.860 99.948 99.746 99.834 99.892 99.951 8 99.525 99.932 100.019 99.815 99.903 99.960 100.021 q 10 103.461 105.859 107.372 107.079 106.657 105.872 106.847 11 103.499 105.941 107.477 107.133 106.763 105.992 107.034 1? 13 104.284 106.333 106.497 107.027 107.530 107.826 108.321 14 101.862 103.903 104.149 104.766 105.946 107.141 107.893 15 106.765 108.896 109.030 109.248 109.475 110.221 110.964 16 103.131 104.928 105.270 105.568 105.924 106.080 106.576 17 83.430 77.703 76.888 74.469 72.856 71.250 69.637 18 103.299 105.145 105.488 105.799 106.164 106.346 106.862 19 103.217 105.033 105.371 105.660 106.021 106.196 106.708 20 105.531 108.260 108.877 108.846 109.610 109.784 110.373 Final sales of domestic product........................ Change in private inventories.................. Goods......................................... Final sales........................... Change in private inventories...................... Durable goods........................ Final sales........................... Change in private inventories 1.................... Nondurable goods.................. Final sales........................... Change in private inventories ’ .................... 2013 IV I II III 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,857.6 2 15,497.4 16,178.5 16,274.4 16,407.3 16,471.9 16,583.8 16,747.3 3 36.4 66.1 81.6 13.0 4 5 4,652.8 4,951.6 5,013.1 4,998.8 5,072.4 5,103.7 5,212.2 4,616.4 4,885.5 4,931.5 4,985.8 5,009.0 5,026.4 5,101.9 6 7 8 36.4 2,613.7 2,567.5 66.1 2,763.7 2,699.1 81.6 2,783.1 2,705.3 13.0 2,781.5 2,742.2 63.4 2,788.9 2,766.9 77.2 2,818.8 2,788.2 110.3 2,843.0 2,792.6 9 10 11 46.2 2,039.1 2,048.9 64.6 2,187.9 2,186.5 77.8 2,230.0 2,226.2 39.3 2,217.3 2,243.7 22.0 2,283.6 2,242.2 30.7 2,284.8 2,238.2 50.4 2,369.2 2,309.3 12 -9.8 1.5 3.8 -26.3 41.4 46.6 59.9 Services 2................................... Structures................................... Addenda: 13 Motor vehicle output............... Gross domestic product excluding motor vehicle output................................. Final sales of computers 3...... Gross domestic product excluding final sales of computers........................... Research and development.... Gross domestic product excluding research and development....................... 15 63.4 77.2 110.3 9,827.5 10,140.1 10,186.6 10,223.1 10,279.9 10,327.0 10,370.8 14 1,053.6 1,152.9 1,156.4 1,198.4 1,183.0 1,230.4 1,274.6 377.7 436.1 439.2 437.0 447.8 463.7 453.1 16 15,156.2 15,808.5 15,916.9 15,983.3 16,087.5 16,197.3 16,404.5 17 68.4 63.7 66.9 63.6 68.3 70.5 69.5 18 15,470.2 16,177.6 16,292.4 16,352.1 16,465.8 16,590.6 16,789.3 19 408.5 417.7 426.1 429.4 420.3 420.6 423.4 20 15,125.4 15,826.9 15,935.8 15,999.7 16,111.9 16,234.9 16,428.2 21 103.141 104.922 105.252 105.556 105.899 106.069 106.570 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. 2012 III 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 2013 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 [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2012 2011 2012 III Gross domestic product........................................................................................... Final sales of domestic product........................................................................... Change in private inventories............................................................................... Residual......................... Goods......................................... Final sales.......................... Change in private inventories................................................................................... Durable goods........................ Final sales.......................... Change in private inventories 1................................................................................ Nondurable goods.................. Final sales............................................................................................................... Change in private inventories 1................................................................................ Services 2................................... Structures.................................. Residual.......................................................................................................................... 2013 I IV III II 1 2 3 4 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,790.1 15,014.4 33.6 4.4 15,403.2 57.6 9.9 15,444.9 77.2 11.9 15,528.3 7.3 4.0 15,536.4 42.2 5.3 15,616.2 56.6 6.9 15,694.5 86.0 9.6 5 6 7 8 9 10 11 12 13 4,597.7 4,833.1 4,866.9 4,852.4 4,917.4 4,965.1 5,048.4 4,558.4 33.6 2,628.0 2,579.7 42.9 1,971.5 1,979.6 -6.5 4,763.5 57.6 2,767.7 2,700.9 59.8 2,067.6 2,063.8 2.3 4,775.3 77.2 2,784.6 2,704.8 72.1 2,084.3 2,071.6 9.9 4,840.4 7.3 2,788.5 2,747.2 36.3 2,066.8 2,094.6 -24.5 4,868.1 42.2 2,793.5 2,769.5 20.4 2,124.7 2,100.5 22.1 4,899.3 56.6 2,822.0 2,789.3 28.5 2,144.0 2,112.0 28.6 4,949.3 86.0 2,844.5 2,792.0 47.0 2,203.3 2,157.8 40.4 14 9,423.8 1,034.3 9,536.2 1,109.5 9,565.2 1,110.4 9,552.0 1,144.0 9,560.1 1,116.7 9,577.6 1,148.5 9,574.2 1,181.5 15 16 -1.4 -1.8 0.0 -10.0 -5.4 -4.8 -2.8 354.0 14,696.4 76.3 14,976.7 387.1 14,665.3 400.8 15,066.6 86.2 15,386.9 385.8 15,085.2 403.1 15,127.5 82.7 15,452.6 386.0 15,148.4 400.3 15,136.0 91.6 15,451.9 386.4 15,153.6 409.3 15,171.1 95.4 15,493.5 386.3 15,198.1 421.1 15,254.7 98.8 15,586.7 388.2 15,292.0 408.7 15,378.0 98.1 15,697.4 389.0 15,401.6 Addenda: Motor vehicle output.................................................................................................... Gross domestic product excluding motor vehicle output.............................................. Final sales of computers 3........................................................................................... Gross domestic product excluding final sales of computers........................................ Research and development......................................................................................... Gross domestic product excluding research and development.................................... 17 18 19 20 21 22 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. N ote. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line following change in private inventories is the difference between gross domestic product and the sum of final sales of domestic product and of change in private inventories; the residual line following structures is the difference between gross domestic product and the sum of the detailed lines of goods, of services, and of structures. Table 1.3.1. Percent Change From Preceding Period in Real Gross Value Added by Sector [Percent] Seasonally adjusted at annual rates Line 2011 2012 III Gross domestic product........................................................................................... Business 1......................................................................................................................... Nonfarm 2.................................................................................................................... Farm................................................. Households and institutions.............. Households................................................................................................................. Nonprofit institutions serving households 3.................................................................. General government4 ........................ Federal............................................. State and local............................................................................................................ 1 2 3 4 5 6 7 2013 2012 I IV II III 1.8 2.4 2.8 3.6 2.8 3.6 0.1 0.2 1.1 1.4 2.5 3.4 2.8 3.9 2.5 -5.1 3.7 -1.1 4.2 -30.8 0.7 -27.0 -0.3 179.6 3.3 9.0 3.7 15.8 0.9 0.6 0.4 0.2 1.2 -0.1 0.5 0.3 -0.3 1.7 0.1 0.7 -0.6 1.2 1.2 1.3 -0.5 0.4 1.4 -0.6 1.8 -0.4 8 9 10 0.0 0.6 -0.4 -0.3 -0.2 -1.0 1.0 -1.0 -0.1 0.0 -0.6 1.2 -0.6 -0.3 -1.2 0.1 -1.6 0.5 -4.5 0.7 11 1.7 0.7 0.6 -0.2 1.3 0.2 1.6 Addendum: Gross housing value added......................................................................................... 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. National Data D-8 November 2013 Table 1.3.3. Real Gross Value Added by Sector, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted Line Gross domestic product........................................................................................... Business 1......................................................................................................................... Nonfarm 2.................................................................................................................... Farm............................................................................................................................ Households and institutions............................................................................................ Households................................................................................................................. Nonprofit institutions serving households 3.................................................................. General government4 ...................................................................................................... Federal........................................................................................................................ State and local............................................................................................................ 2011 2012 2012 2013 III IV I II III 1 104.400 107.302 107.741 107.780 108.087 105.617 105.742 96.373 109.454 109.658 95.296 110.091 110.461 85.858 110.469 110.387 111.020 5 6 7 101.836 100.801 103.260 102.441 100.531 105.064 110.026 110.276 92.889 102.487 100.546 105.152 108.751 111.384 111.274 113.432 109.517 2 3 4 102.533 100.393 105.470 102.847 100.689 105.808 102.828 100.575 105.920 102.963 100.915 105.773 8 9 10 100.241 104.444 98.291 100.233 104.379 98.309 100.321 104.295 98.477 100.209 104.126 98.392 100.124 103.807 98.415 100.071 103.390 98.532 99.815 102.198 98.713 11 103.159 103.919 104.029 103.969 104.314 104.371 104.783 112.446 112.281 117.663 Addendum: Gross housing value added......................................................................................... 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. Table 1.3.4. Price Indexes for Gross Value Added by Sector [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III Gross domestic product........................................................................................... Business 1.......................................................................................................................... Nonfarm 2..................................................................................................................... Farm............................................................................................................................ Households and institutions............................................................................................ Households.................................................................................................................. Nonprofit institutions serving households 3 General government4 ............................... Federal................................................... State and local............................................................................................................. 2013 IV I II III 1 103.203 105.008 105.345 105.640 105.994 106.165 106.667 2 3 4 103.290 102.751 156.875 105.154 104.602 159.982 105.586 105.010 162.598 105.797 105.141 172.290 106.165 105.379 186.517 106.274 105.597 176.543 106.793 106.202 169.233 5 6 7 101.189 100.923 101.553 103.320 102.881 103.915 103.494 103.110 104.017 104.223 103.604 105.058 104.651 104.175 105.297 105.186 104.821 105.685 105.799 105.431 106.304 8 9 10 104.716 105.161 104.502 105.841 105.770 105.881 105.770 105.819 105.751 106.130 105.958 106.218 106.321 106.687 106.147 106.495 107.059 106.224 106.783 107.414 106.479 11 101.037 103.232 103.485 104.067 104.672 105.332 105.994 Addendum: Gross housing value added......................................................................................... 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. Table 1.3.5. Gross Value Added by Sector [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,857.6 2 3 4 11.559.5 11.393.5 166.0 12.195.4 12.028.5 166.9 12.302.1 12.139.1 163.1 12,346.6 12,184.0 162.6 12,445.0 12,198.3 246.7 12,558.3 12,321.9 236.4 12.739.8 12.503.8 236.1 5 6 7 1,971.9 1,129.3 842.6 2,025.4 1,148.1 877.3 2,029.7 1,150.9 878.8 2,044.9 1,154.6 890.3 2,059.6 1,164.4 895.2 2,069.8 1,170.3 899.5 2,084.6 1,181.1 903.5 8 9 10 2.002.4 663.0 1.339.4 2,023.7 666.4 1,357.3 2,024.2 666.2 1,358.0 2,028.8 666.0 1,362.8 2,030.7 668.5 1,362.2 2,033.0 668.1 1,364.8 2,033.3 662.6 1,370.6 11 1,468.6 1,511.6 1,516.9 1,524.5 1,538.5 1,549.0 1,564.9 III Gross domestic product........................................................................................... Business 1.......................................................................................................................... Nonfarm 2..................................................................................................................... Farm............................................................................................................................. Households and institutions............................................................................................ Households.................................................................................................................. Nonprofit institutions serving households 3.................................................................. General government4 ...................................................................................................... Federal......................................................................................................................... State and local............................................................................................................. 2013 IV I II III Addendum: Gross housing value added......................................................................................... 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. November 2013 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 1.3.6. Real Gross Value Added by Sector, Chained Dollars Table 1.4.1. Percent Change From Preceding Period in Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Billions of chained (2009) dollars] Seasonally adjusted at annual rates [Percent] Line 2011 2012 2012 IV III III II 1 2 3 1.8 2.8 2.8 0.1 1.1 2.5 2.8 7.1 4.9 3.5 2.2 0.4 0.5 1.1 -3.1 -1.3 0.6 8.0 6.9 4.5 1.9 Equals: Gross domestic purchases 4 1.7 2.6 2.7 -0.5 1.4 2.5 2.5 1,961.2 1,962.1 1,968.1 1,967.7 1,970.3 1,116.0 1,116.1 1,114.4 1,117.7 1,116.5 1,120.2 7 829.7 844.2 844.9 847.5 850.2 851.1 849.9 Less: Change in private inventories.... 8 9 10 11 1,912.2 1,912.1 1,913.7 1,911.6 1,910.0 1,909.0 1,904.1 630.5 1,281.7 -3.4 630.1 1,281.9 -5.8 629.6 1,284.1 -7.2 628.5 1,283.0 -12.0 626.6 1,283.3 8.0 624.1 1,284.9 9.4 616.9 1,287.2 11.9 Equals: Final sales to domestic purchasers..................................... Addenda: 12 1,453.5 1,464.2 1,465.8 1,464.9 1,469.8 1,470.6 1,476.4 1. Equals gross domestic product excluding gross value added of households and institutions and of general govern ment. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. 2013 I IV Less: Exports of goods and services Plus: Imports of goods and services Gross domestic product................. 1,960.3 1,119.0 Addendum: 2012 III 1,948.8 Households......................... Nonprofit institutions serving households 3................... 2012 2011 Line 5 6 Households and institutions Gross housing value added Seasonally adjusted at annual rates III 2 11,191.9 11,598.5 11,659.2 11,666.1 11,706.0 11,803.0 11,915.6 3 11,089.1 11,499.7 11,564.5 11,583.9 11,576.2 11,669.2 11,774.8 4 105.8 102.0 121.9 124.5 129.2 104.6 94.3 Nonfarm 2............................ Farm.................................... Federal................................ State and local..................... Residual.................................. II I 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,790.1 Gross domestic product Business 1............................... General government4 ........... 2013 Final sales of domestic product..... Gross domestic purchases, current dollars....................................... Final sales to domestic purchasers, current dollars............................ 6 1.8 2.4 2.2 1.4 0.5 2.1 1.7 7 2.0 2.6 2.2 2.2 0.2 2.1 2.0 8 4.0 4.3 3.9 1.3 2.9 2.6 4.3 9 4.2 4.1 3.6 3.0 1.7 2.3 3.5 Table 1.4.3. Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Quantity Indexes Table 1.4.4. Price Indexes for Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Seasonally adjusted Line 2011 2012 2012 III Gross domestic product................. Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases Less: Change in private inventories... 1 2 3 4 5 Line 2013 I IV II 2011 2012 2012 III III 2013 I IV II III 104.400 107.302 107.741 107.780 108.087 108.751 109.517 Gross domestic product................ 1 103.203 105.008 105.345 105.640 105.994 106.165 106.667 119.367 123.590 123.851 124.196 123.781 126.181 127.590 118.239 120.860 121.358 120.398 120.584 122.615 123.179 Less: Exports of goods and services Plus: Imports of goods and services 2 111.140 112.185 112.114 112.543 112.944 112.034 112.274 3 114.273 114.862 113.570 114.725 114.873 113.411 113.466 104.666 107.374 107.841 107.702 108.073 108.737 109.401 Equals: Gross domestic purchases 4 103.884 105.599 105.742 106.150 106.467 106.526 106.994 5 Less: Change in private inventories... Equals: Final sales to domestic purchasers.................................... Addendum: 6 103.381 105.866 106.185 106.565 106.691 107.242 107.686 Final sales of domestic product..... 7 103.082 105.751 106.038 106.610 106.666 107.214 107.751 Equals: Final sales to domestic purchasers.................................... Addenda: 6 103.898 105.624 105.769 106.171 106.496 106.559 107.036 7 103.217 105.033 105.374 105.663 106.024 106.199 106.711 Final sales of domestic product.... Implicit price deflator for final sales to domestic purchasers............. 8 103.898 105.624 105.767 106.170 106.494 106.557 107.034 Table 1.4.5. Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.4.6. Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 III Gross domestic product....... Line 2013 IV I II 2011 2012 III 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,857.6 2012 III Gross domestic product........... 2013 IV I II III 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,790.1 2 2,101.2 2,195.9 2,199.2 2,213.7 2,214.2 2,238.9 2,268.8 3 2,669.9 2,743.1 2,723.5 2,729.5 2,737.3 2,747.9 2,761.9 Less: Exports of goods and services.................................. Plus: Imports of goods and services.................................. Equals: Gross domestic purchases........................... 4 16,102.6 16,791.8 16,880.4 16,936.1 17,058.4 17,170.0 17,350.8 Equals: Gross domestic purchases................................ 4 15,501.1 15,902.3 15,971.4 15,950.8 16,005.8 16,104.1 16,202.5 Less: Change in private inventories........................... 5 Less: Change in private inventories.............................. 5 Less: Exports of goods and services.............................. Plus: Imports of goods and services.............................. Equals: Final sales to domestic purchasers........ Addendum: Final sales of domestic product........................... 36.4 66.1 81.6 13.0 63.4 77.2 110.3 6 16,066.2 16,725.7 16,798.8 16,923.1 16,995.0 17,092.8 17,240.4 2 1,890.5 1,957.4 1,961.6 1,967.0 1,960.5 1,998.4 2,020.8 3 2,336.4 2,388.2 2,398.0 2,379.1 2,382.7 2,422.9 2,434.0 33.6 57.6 77.2 7.3 42.2 56.6 86.0 Equals: Final sales to domestic purchasers............................... Addendum: 6 15,463.4 15,835.2 15,882.8 15,939.7 15,958.6 16,041.0 16,107.4 Final sales of domestic product 7 15,014.4 15,403.2 15,444.9 15,528.3 15,536.4 15,616.2 15,694.5 7 15,497.4 16,178.5 16,274.4 16,407.3 16,471.9 16,583.8 16,747.3 N ote. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. National Data D-10 Table 1.5.1. Percent Change From Preceding Period in Real Gross Domestic Product, Expanded Detail November 2013 Table 1.5.2. Contributions to Percent Change in Real Gross Domestic Product, Expanded Detail [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 III Seasonally adjusted at annual rates Line 2013 IV 1 II 2012 1 1.8 2.8 2.8 0.1 1.1 2.5 2.8 Personal consumption expenditures Goods............................................. Durable goods............................. Motor vehicles and parts......... Furnishings and durable household equipment.......... Recreational goods and vehicles............................... Other durable goods................ Nondurable goods....................... Food and beverages purchased for off-premises consumption Clothing and footwear............. Gasoline and other energy goods.................................. Other nondurable goods.......... Services......................................... Household consumption expenditures (for services)...... Housing and utilities................ Healthcare.............................. Transportation services........... Recreation services................. Food services and accommodations................. Financial services and insurance............................. Other services......................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1........... Gross output of nonprofit institutions 2........................ Less: Receipts from sales of goods and services by nonprofit institutions 3 ......... 2 3 4 5 2.5 3.4 6.6 4.9 2.2 3.3 7.7 7.2 1.7 3.7 8.3 8.3 1.7 3.7 10.5 14.3 2.3 3.7 5.8 5.2 1.8 3.1 6.2 -0.9 1.5 4.3 7.8 6.5 6 5.5 6.1 5.6 4.4 4.1 9.0 12.0 7 8 9 10.0 5.3 1.9 10.9 5.7 1.4 11.5 6.9 1.6 10.7 11.5 0.6 8.1 5.8 2.7 11.7 8.6 1.6 11.5 -0.8 2.7 10 11 1.6 3.8 1.3 1.2 1.6 5.2 0.9 -1.8 2.0 1.8 -1.1 5.9 2.7 -3.4 12 13 14 -2.5 3.4 2.1 -1.4 2.7 1.6 -3.3 2.4 0.7 -5.3 4.2 0.6 4.5 3.0 1.5 -0.9 3.7 1.2 -1.2 6.7 0.1 15 16 17 18 19 2.2 1.3 2.7 2.5 2.1 1.5 0.8 2.7 1.3 1.4 0.6 1.3 2.3 1.0 1.1 0.3 -2.7 2.3 -0.2 -1.7 2.4 4.7 1.3 2.9 2.4 1.4 0.1 3.6 0.1 -0.9 0.0 -2.3 0.9 1.0 2.1 20 4.0 3.6 1.3 6.5 2.5 0.8 0.6 21 22 3.0 1.5 -1.3 1.7 -6.7 1.5 -0.2 0.2 5.5 -2.8 4.0 -0.4 0.3 1.4 23 0.2 5.3 3.4 9.0 -18.1 -3.9 2.2 24 1.3 2.9 4.3 1.2 -3.0 3.4 0.7 25 1.6 2.2 4.5 -1.3 2.4 5.7 0.3 26 27 28 29 30 4.9 6.2 7.6 2.1 12.7 9.5 8.3 7.3 12.7 7.6 6.5 2.7 0.3 5.9 -3.9 -2.4 11.6 9.8 17.6 8.9 4.7 -1.5 -4.6 -25.7 1.6 9.2 6.5 4.7 17.6 3.3 9.5 4.1 1.6 12.3 -3.7 31 2.3 2.7 -4.5 20.0 -2.7 9.3 -3.8 32 33 34 35 36 37 38 39 -1.5 3.8 15.7 32.2 12.2 4.4 6.1 3.2 5.4 1.7 5.5 22.2 3.9 3.4 5.9 1.6 -33.4 9.2 0.3 -16.9 7.8 2.8 3.7 2.7 80.1 3.1 6.2 1.1 5.6 5.7 9.4 3.1 -15.8 3.0 0.3 -7.6 18.8 3.7 7.7 -0.3 -14.9 19.8 -1.0 6.5 -3.1 -1.5 -5.9 2.2 -1.8 -4.5 17.3 ^ .1 -19.2 2.2 3.3 2.4 2.6 0.5 0.3 12.9 -0.8 14.1 1.9 19.8 4.0 12.5 2.8 14.2 -2.4 14.6 Gross private domestic investment Fixed investment.............................. Nonresidential............................. Structures................................ Equipment............................... Information processing equipment....................... Computers and peripheral equipment................... Other............................... Industrial equipment............ Transportation equipment.... Other equipment................. Intellectual property products... Software 4........................... Research and development5 Entertainment, literary, and artistic originals............... Residential................................... Change in private inventories.......... Farm........................................... Nonfarm...................................... 40 41 4? 43 44 Net exports of goods and services... Exports........................................... Goods......................................... Services..................................... Imports........................................... Goods.......................................... Services..................................... 4'i 46 47 48 49 50 51 7.1 7.1 7.0 4.9 5.2 3.1 3.5 3.8 3.0 2.2 2.1 2.7 0.4 1.6 -2.6 0.5 0.4 1.0 1.1 -3.0 11.3 -3.1 -3.5 -1.0 -1.3 -2.8 2.2 0.6 -0.2 5.0 8.0 9.4 4.8 6.9 7.5 4.0 4.5 6.4 0.6 1.9 1.8 2.2 Government consumption expenditures and gross investment..................................... Federal........................................... National defense.......................... Consumption expenditures...... Gross investment..................... Nondefense................................. Consumption expenditures...... Gross investment..................... State and local................................. Consumption expenditures.......... Gross investment......................... 52 53 54 55 56 57 58 59 60 61 62 -3.2 -2.6 -2.3 -1.4 -5.7 -3.0 ^ .0 -0.1 -3.6 -2.9 -6.8 -1.0 -1.4 -3.2 -2.7 -5.3 1.8 3.5 -3.0 -0.7 0.0 -3.7 3.5 8.9 12.5 16.2 -0.8 2.8 3.8 -0.1 -0.2 1.3 -6.6 -6.5 -13.9 -21.6 -24.9 -7.5 1.0 2.2 -2.6 -1.0 -0.1 -5.2 -4.2 -8.4 -11.2 -9.6 -17.3 -3.6 -2.4 -7.2 -1.3 0.1 -7.5 -0.4 -1.6 -0.6 -3.2 10.2 -3.1 -3.4 -2.2 0.4 0.4 0.4 0.2 -1.7 -0.7 -1.8 3.9 -3.3 -3.8 -1.8 1.5 0.5 6.1 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. Excludes software “embedded,” or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. 2012 III III Gross domestic product........... 2011 Percent change at annual rate: Gross domestic product............ Percentage points at annual rates: Personal consumption expenditures Goods.................................................. Durable goods................................ Motor vehicles and parts.......... Furnishings and durable household equipment........... Recreational goods and vehicles................................... Other durable goods.................. Nondurable goods......................... Food and beverages purchased for off-premises consumption Clothing and footwear............... Gasoline and other energy goods...................................... Other nondurable goods........... Services............................................... Household consumption expenditures (for services)....... Housing and utilities.................. Health care................................. Transportation services............. Recreation services................... Food services and accommodations................... Financial services and insurance................................ Other services............................ Final consumption expenditures of nonprofit institutions serving households (NPISHs)1............ Gross output of nonprofit institutions 2............................ Less: Receipts from sales of goods and services by nonprofit institutions 3........... Gross private domestic investment Fixed investment................................. Nonresidential................................. Structures................................... Equipment.................................. Information processing equipment.......................... Computers and peripheral equipment...................... Other................................... Industrial equipment............. Transportation equipment.... Other equipment.................... Intellectual property products... Software 4............................... Research and development5 Entertainment, literary, and artistic originals................ Residential...................................... Change in private inventories........... Farm................................................ Nonfarm........................................... Net exports of goods and services... Exports................................................ Goods.... Services. Imports....... Goods.... Services. Government consumption expenditures and gross investment.......................................... Federal................................................. National defense............................ Consumption expenditures....... Gross investment....................... Nondefense.................................... Consumption expenditures...... Gross investment....................... State and local.................................... Consumption expenditures........... Gross investment............................ 2013 IV I II III 1 1.8 2.8 2.8 0.1 1.1 2.5 2.8 2 3 4 5 1.74 0.76 0.46 0.11 1.52 0.77 0.56 0.17 1.15 0.84 0.59 0.19 1.13 0.85 0.74 0.33 1.54 0.85 0.43 0.13 1.24 0.71 0.46 -0.02 1.04 0.99 0.57 0.16 6 0.09 0.10 0.09 0.07 0.07 0.15 0.19 7 8 9 0.20 0.06 0.30 0.22 0.07 0.22 0.22 0.08 0.25 0.21 0.13 0.10 0.16 0.07 0.43 0.23 0.10 0.26 0.23 -0.01 0.42 10 11 0.08 0.08 0.07 0.03 0.09 0.11 0.05 -0.04 0.11 0.04 -0.06 0.13 0.14 -0.07 12 13 14 -0.06 0.19 0.98 -0.04 0.16 0.74 -0.08 0.14 0.31 -0.14 0.23 0.29 0.11 0.17 0.69 -0.02 0.21 0.53 -0.03 0.37 0.05 15 16 17 18 19 0.97 0.16 0.30 0.05 0.05 0.65 0.10 0.30 0.02 0.04 0.25 0.16 0.26 0.02 0.03 0.13 -0.35 0.26 -0.01 -0.04 1.04 0.58 0.14 0.06 0.06 0.60 0.01 0.40 0.00 -0.02 0.02 -0.28 0.10 0.02 0.05 20 0.17 0.15 0.05 0.27 0.11 0.03 0.03 21 22 0.15 0.09 -0.07 0.10 -0.35 0.09 -0.01 0.01 0.27 -0.17 0.20 -0.02 0.02 0.08 23 0.00 0.09 0.06 0.16 -0.35 -0.07 0.04 24 0.09 0.21 0.31 0.09 -0.22 0.25 0.05 25 0.09 0.12 0.25 -0.07 0.13 0.31 0.01 26 27 28 29 30 0.69 0.85 0.84 0.05 0.62 1.36 1.17 0.85 0.31 0.41 0.99 0.39 0.04 0.15 -0.22 -0.36 1.63 1.13 0.44 0.47 0.71 -0.23 -0.57 -0.80 0.09 1.38 0.96 0.56 0.43 0.18 1.45 0.63 0.20 0.32 -0.21 31 0.04 0.05 -0.08 0.31 -0.05 0.16 -0.07 32 33 34 35 36 37 38 39 -0.01 0.05 0.16 0.27 0.14 0.17 0.10 0.05 0.03 0.02 0.06 0.25 0.05 0.13 0.10 0.03 -0.19 0.11 0.00 -0.25 0.10 0.11 0.06 0.04 0.28 0.04 0.07 0.01 0.07 0.21 0.16 0.05 -0.08 0.04 0.00 -0.10 0.24 0.14 0.13 -0.01 -0.08 0.23 -0.01 0.08 -0.04 -0.06 -0.11 0.04 -0.01 -0.06 0.20 -0.05 -0.28 0.09 0.06 0.04 40 41 42 43 44 0.01 0.01 -0.16 0.02 -0.18 0.00 0.32 0.20 -0.03 0.22 0.00 0.35 0.60 -0.32 0.91 0.01 0.50 -2.00 0.10 -2.09 0.02 0.34 0.93 0.88 0.06 -0.01 0.43 0.83 0.11 0.71 45 46 47 48 49 50 51 0.10 0.89 0.63 0.27 -0.79 -0.70 -0.09 0.10 0.48 0.36 0.12 -0.38 -0.30 -0.07 -0.03 0.05 0.16 -0.10 -0.08 -0.05 -0.03 0.68 0.15 -0.28 0.43 0.53 0.50 0.03 -0.28 -0.18 -0.27 0.09 -0.10 0.03 -0.13 0.01 0.40 0.41 0.12 0.30 -0.07 1.04 0.84 0.20 -1.10 -1.00 -0.11 0.31 0.60 0.58 0.02 -0.30 -0.24 -0.06 52 53 54 55 56 57 58 59 60 61 62 -0.68 -0.23 -0.13 -0.06 -0.07 -0.10 -0.09 0.00 -0.46 -0.30 -0.16 -0.20 -0.12 -0.17 -0.11 -0.06 0.05 0.08 -0.02 -0.08 0.00 -0.08 0.67 0.69 0.60 0.61 -0.01 0.08 0.08 0.00 -0.02 0.12 -0.14 -1.31 -1.19 -1.22 -1.14 -0.08 0.03 0.05 -0.02 -0.12 -0.01 -0.11 -0.82 -0.68 -0.57 -0.38 -0.18 -0.11 -0.05 -0.05 -0.14 0.01 -0.16 -0.07 -0.12 -0.03 -0.12 0.09 -0.09 -0.08 -0.02 0.05 0.04 0.01 0.04 -0.13 -0.03 -0.07 0.04 -0.10 -0.08 -0.01 0.17 0.05 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. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. November 2013 D—11 S u r v e y o f C u r r e n t B u s in e s s Table 1.5.3. Real Gross Domestic Product, Expanded Detail, Quantity Indexes Table 1.5.4. Price Indexes for Gross Domestic Product, Expanded Detail [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Seasonally adjusted Line 2011 2012 2012 III Gross domestic product....... Personal consumption expenditures............................... Goods.......................................... Durable goods......................... Motor vehicles and parts..... Furnishings and durable household equipment...... Recreational goods and vehicles........................... Other durable goods............ Nondurable goods................... Food and beverages purchased for off-premises consumption Clothing and footwear......... Gasoline and other energy goods .............................. Other nondurable goods...... Services...................................... Household consumption expenditures (for services)... Housing and utilities............ Healthcare.......................... Transportation services....... Recreation services............. Food services and accommodations............. Financial services and insurance......................... Other services..................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1.......................... Gross output of nonprofit institutions 2.................... Less; Receipts from sales of goods and services by nonprofit institutions 3 ..... Gross private domestic investment................................... Fixed investment.......................... Nonresidential......................... Structures........................... Equipment........................... Information processing equipment................... Computers and peripheral equipment Other........................... Industrial equipment........ Transportation equipment Other equipment............. Intellectual property products Software 4....................... Research and development5 Entertainment, literary, and artistic originals.... Residential............................... 2013 IV I II Line 1 104.400 107.302 107.741 107.780 108.087 108.751 109.517 2 3 4 5 104.555 106.854 107.092 107.537 108.138 108.625 109.036 7 121.966 135.248 136.980 140.495 143.248 147.254 8 109.798 116.098 116.971 120.206 121.912 124.439 q 104.177 105.594 105.877 106.047 106.762 107.197 10 103.750 105.120 105.426 105.659 106.184 105.891 11 109.283 110.562 111.107 110.615 111.098 112.709 12 96.739 95.419 95.770 94.468 95.510 95.301 13 105.822 108.709 108.833 109.948 110.762 111.772 14 103.411 105.090 105.252 105.421 105.818 106.125 15 16 17 18 19 103.510 102.521 104.050 101.593 103.403 105.039 103.328 106.820 102.863 104.889 105.175 103.959 106.988 103.134 105.165 105.256 103.239 107.592 103.070 104.714 105.884 104.438 107.932 103.820 105.333 106.244 104.455 108.882 103.841 105.084 20 105.614 109.403 109.305 111.036 111.713 111.925 21 105.148 103.764 102.665 102.607 103.983 105.004 22 102.469 104.208 104.350 104.397 103.650 103.551 23 101.044 106.380 107.182 109.528 104.186 103.168 24 102.555 105.550 106.107 106.415 105.610 106.491 25 103.059 105.299 105.774 105.438 106.058 107.539 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 Gross domestic product....... Personal consumption expenditures............................... Goods......................................... Durable goods......................... Motor vehicles and parts..... Furnishings and durable 129.224 household equipment...... Recreational goods and 151.312 vehicles............................ 124.180 Other durable goods............ 107.906 Food and beverages purchased for off-premises 106.607 consumption.................... Clothing and footwear.......... 111.743 Gasoline and other energy 95.020 goods............................... Other nondurable goods...... 113.588 Services...................................... 106.155 Household consumption expenditures (for services)... 106.251 103.860 Housing and utilities............ 109.120 Health care.......................... Transportation services........ 104.100 Recreation services............. 105.619 Food services and 112.097 accommodations............. Financial services and 105.091 insurance......................... 103.915 Other services..................... Final consumption expenditures of nonprofit institutions serving households 103.734 (NPISHs)1.......................... Gross output of nonprofit institutions 2..................... 106.681 Less: Receipts from sales of goods and services by nonprofit institutions 3...... 107.608 118.449 129.705 130.795 130.012 131.521 134.440 137.536 Gross private domestic investment................................... 107.844 116.766 116.675 119.914 119.467 121.362 122.599 Fixed investment.......................... Nonresidential.......................... 110.225 118.263 117.938 120.717 119.318 120.685 121.165 85.360 96.212 96.299 100.282 93.090 96.943 99.785 Structures............................ Equipment........................... 130.639 140.604 139.602 142.609 143.175 144.326 142.970 Information processing equipment.................... 112.415 115.460 112.716 117.963 117.165 119.797 118.646 Computers and 108.643 114.515 103.457 119.857 114.804 110.257 109.764 peripheral equipment Other............................ 113.940 115.876 116.380 117.282 118.145 123.592 122.181 115.104 121.380 121.687 123.525 123.613 123.309 128.332 Industrial equipment........ Transportation equipment 256.436 313.250 309.996 310.852 304.769 309.621 306.430 Other equipment.............. 121.854 126.606 127.796 129.561 135.266 134.192 127.235 Intellectual property products 106.388 109.962 110.072 111.617 112.648 112.235 112.856 105.082 111.326 111.623 114.156 116.288 114.537 115.478 Software 4........................ Research and development5 ............. 105.595 107.269 107.286 108.106 108.019 108.619 109.261 Entertainment, literary, 114.498 114.816 114.548 115.079 116.203 117.020 116.311 and artistic originals.... 97.964 110.581 111.476 116.635 120.123 124.180 128.494 Residential............................... 47 4S 44 Net exports of goods and services Exports....................................... Goods..................................... Services................................. Imports Goods..................................... Services................................. 45 46 47 48 49 50 51 Net exports of goods and services 119.367 122.470 112.939 118.239 121.176 105.934 123.590 127.100 116.297 120.860 123.750 108.779 123.851 128.000 115.199 121.358 124.282 109.139 124.196 127.038 118.321 120.398 123.170 108.855 123.781 126.126 118.961 120.584 123.098 110.197 126.181 128.995 120.372 122.615 125.341 111.296 127.590 130.999 120.542 123.179 125.898 111.896 96.868 95.921 96.752 95.135 94.117 94.024 94.074 101.660 100.802 102.259 95.622 103.230 101.618 108.036 93.751 94.593 90.156 100.212 97.562 99.523 90.571 105.068 105.146 104.788 93.128 94.616 86.787 Government consumption expenditures and gross Federal....................................... National defense...................... Consumption expenditures... Gross investment................. Nondefense............................. Consumption expenditures... Gross investment................. State and local............................. Consumption expenditures...... Gross investment..................... 2012 Exports....................................... Goods..................................... Services.................................. Imports. Goods Services.................................. 2013 IV I II III 1 103.203 105.008 105.345 105.640 105.994 106.165 106.667 2 104.086 106.009 106.193 106.622 106.909 106.878 107.391 3 105.345 106.666 106.718 106.900 106.641 105.740 106.325 4 97.649 96.467 96.246 95.746 95.487 95.016 94.458 5 108.645 110.375 110.555 110.460 110.707 111.048 111.135 6 94.247 93.972 93.910 93.454 93.438 92.770 91.402 7 86.679 81.424 80.729 79.611 78.621 77.390 76.407 8 103.601 104.174 103.966 103.999 104.015 104.011 104.482 q 109.128 111.765 111.964 112.522 112.264 111.126 112.359 10 104.276 106.657 106.682 107.163 107.503 107.647 107.969 11 101.000 104.651 104.850 105.405 105.729 105.019 106.244 12 148.588 153.621 153.961 156.856 153.941 144.463 151.486 13 103.599 105.312 105.622 105.535 105.316 105.372 105.698 14 103.463 105.689 105.939 106.493 107.060 107.477 107.954 15 16 17 18 19 103.628 101.683 104.399 104.730 102.808 105.980 103.616 106.286 106.750 105.622 106.259 103.789 106.596 106.744 106.022 106.809 104.507 106.946 107.100 106.421 107.422 105.162 107.560 107.780 106.904 107.747 105.996 107.392 107.295 107.016 108.218 106.500 107.805 108.276 107.654 20 103.887 106.842 107.197 107.601 108.194 109.074 109.437 21 105.966 110.057 110.786 111.701 111.682 111.508 112.224 22 104.250 106.415 106.480 106.996 108.083 108.625 108.774 23 99.642 98.932 98.532 99.156 98.674 101.281 101.886 24 103.784 105.479 105.686 106.234 106.816 107.447 107.964 25 105.211 107.736 108.155 108.676 109.630 109.598 110.086 26 27 28 29 30 31 100.364 101.646 101.820 102.196 102.726 103.206 103.542 100.506 100.524 101.748 98.928 101.852 101.977 103.732 100.187 102.045 102.157 103.856 100.300 102.386 102.350 104.164 100.673 102.967 102.692 105.189 100.601 103.478 103.008 106.521 100.500 103.870 103.300 107.255 100.589 97.387 96.235 96.138 95.791 95.405 94.989 94.614 32 92.029 90.060 90.061 89.629 89.401 89.438 89.339 33 99.652 98.840 98.701 98.384 97.931 97.335 96.854 34 103.972 105.783 105.864 106.261 106.462 106.289 106.292 35 94.913 96.994 97.040 98.326 98.304 98.224 98.963 36 98.426 101.797 102.298 102.707 102.785 103.154 103.318 37 101.789 103.169 103.486 103.325 103.816 104.071 104.360 38 99.161 98.522 98.338 97.992 98.368 98.748 98.643 39 105.550 109.522 110.403 110.412 111.261 111.523 112.146 40 98.942 99.370 99.734 99.726 99.488 99.227 99.948 41 100.392 101.246 101.505 102.500 104.088 105.396 106.186 4? 4'1 44 45 46 47 48 49 50 51 111.140 113.012 107.039 114.273 116.178 105.713 112.185 113.507 109.312 114.862 116.855 105.895 112.114 113.414 109.293 113.570 115.316 105.740 112.543 113.731 109.974 114.725 116.592 106.336 112.944 114.060 110.531 114.873 116.779 106.309 112.034 112.771 110.451 113.411 115.028 106.165 112.274 112.865 111.014 113.466 115.113 106.083 Government consumption expenditures and gross 5V 53 54 55 56 57 58 59 60 61 62 102.212 98.455 96.315 95.933 95.528 100.446 94.506 91.731 91.592 91.442 102.995 95.892 93.502 92.746 92.325 91.346 89.580 85.413 87.509 88.342 105.440 105.708 104.740 103.910 103.033 105.577 106.164 105.513 104.594 103.582 104.983 104.292 102.369 101.809 101.335 93.207 92.966 92.672 92.765 93.110 94.799 94.772 94.800 94.894 95.019 86.426 85.289 83.644 83.734 84.992 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Excludes software “embedded,” or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. 2012 III 106.925 110.495 110.888 111.904 112.928 113.793 115.006 113.074 121.833 122.484 125.591 127.379 129.309 131.774 107.048 114.798 114.634 118.531 120.031 119.764 121.673 6 112.959 119.833 120.391 121.704 122.936 125.617 2011 III Federal........................................ National defense...................... Consumption expenditures... Gross investment................. Nondefense............................. Consumption expenditures... Gross investment................. State and local............................. Consumption expenditures...... Gross investment..................... <S'r> 53 54 55 56 57 58 59 60 61 62 105.560 106.882 106.850 107.209 107.454 107.485 107.898 105.344 105.191 105.693 103.393 105.624 106.215 103.924 105.710 106.352 103.029 106.184 106.252 106.824 104.185 106.077 106.755 104.128 107.371 107.652 106.294 106.224 106.322 106.857 104.396 106.065 106.734 104.141 107.288 107.477 106.631 106.370 106.542 107.221 104.068 106.081 106.795 104.023 107.798 108.029 106.945 107.007 107.283 108.061 104.433 106.549 107.257 104.507 107.775 107.907 107.388 107.229 107.512 108.243 104.839 106.760 107.511 104.589 107.676 107.693 107.834 107.550 107.816 108.584 105.007 107.108 107.883 104.867 108.152 108.168 108.314 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Excludes software “embedded," or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. D-12 National Data November 2013 Table 1.5.5. Gross Domestic Product, Expanded Detail [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Gross domestic product................................................................................................. Personal consumption expenditures.................................................................................... Goods............................. Durable goods.............. Motor vehicles and parts............................................................................................ Furnishings and durable household equipment......................................................... Recreational goods and vehicles............................................................................... Other durable goods......................................................... Nondurable goods................................................................. Food and beverages purchased for off-premises consumption.................................. Clothing and footwear................................................................................................ Gasoline and other energy goods Other nondurable goods...... Services...................................... Household consumption expenditures (for services)..................................................... Housing and utilities................................................................................................... Health care............... Transportation services.............................................................................................. Recreation services.. Food services and accommodations......................................................................... Financial services and insurance............................................................................... Other services.......... Final consumption expenditures of nonprofit institutions serving nouseholds (NPlSHs)' Gross output of nonprofit institutions 2....................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.............. Gross private domestic investment....................................................................................... Fixed investment............................................................................................................... Nonresidential............................................................................................................... Structures........................... Equipment........................... Information processing equipment......................................................................... Computers and peripheral equipment............................................................... Other................................................................................................................. Industrial equipment ... Transportation equipment. Other equipment................................................................................................... Intellectual property products..................................................................................... Software 4.............................................................................................................. Research and development5 ................................................................................ Entertainment, literary, and artistic originals.......................................................... Residential.................................................................................................................... Change in private inventories............................................................................................. Farm............................. Nonfarm....................... Net exports of goods and services Exports............................. Goods.......................... Services....................... Imports............................. Goods.......................... Services....................... Government consumption expenditures and gross investment....................................... National defense............................................................................................................ Consumption expenditures........................................................................................ Gross investment Nondefense.................. Consumption expenditures........................................................................................ Gross investment State and local.................. Consumption expenditures............................................................................................ Gross investment........................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 2013 IV I II 15,533.8 10,711.8 16,244.6 11,149.6 16,356.0 11,193.6 16,420.3 11,285.5 16,535.3 11,379.2 16,661.0 11,427.1 16,857.6 11,525.4 3,602.7 1,129.9 368.7 260.1 321.1 179.9 2,472.8 833.0 338.3 408.9 892.6 7,109.1 6,831.2 1,960.9 1,767.8 308.2 399.7 658.7 801.1 934.8 277.9 1,141.6 863.7 3,769.7 1,202.7 401.7 275.1 334.5 191.3 2,567.0 863.3 354.6 417.0 932.1 7,379.9 7,089.4 2,013.9 1,847.6 318.1 416.6 701.7 821.0 970.4 290.5 1,194.1 903.6 3,784.9 1,206.5 401.8 276.2 336.1 192.4 2,578.4 866.0 357.1 419.5 935.9 7,408.7 7,117.2 2,029.5 1,855.9 318.9 419.2 703.4 817.9 972.4 291.5 1,202.7 911.2 3,826.1 1,230.7 415.1 277.9 339.9 197.8 2,595.4 871.8 357.4 421.6 944.7 7,459.4 7,159.6 2,029.4 1,872.5 319.8 419.0 717.2 824.2 977.5 299.8 1,212.5 912.7 3,851.8 1,244.8 421.3 280.7 342.3 200.6 2,607.0 878.9 360.0 418.3 949.7 7,527.4 7,243.6 2,065.8 1,889.2 324.2 423.4 725.6 835.1 980.4 283.8 1,209.9 926.1 3,848.5 1,257.5 421.7 284.7 346.3 204.7 2,591.0 877.6 362.8 391.7 958.9 7,578.6 7,290.2 2,082.6 1,902.9 322.8 422.8 732.9 842.0 984.4 288.4 1,227.2 938.8 3,911.0 1,273.9 428.7 288.6 351.4 205.2 2,637.1 886.2 363.9 409.5 977.5 7,614.4 7,322.6 2,080.5 1,914.4 326.5 427.5 736.4 848.1 989.2 291.7 1,235.3 943.6 2,232.1 2,475.2 2,493.3 2,499.9 2,555.1 2,621.0 2,689.8 2,195.6 1,809.9 380.6 832.7 280.4 76.8 203.6 182.0 171.8 198.6 596.6 267.6 255.2 73.8 385.8 36.4 -6.4 42.8 2,409.1 1,970.0 437.3 907.6 284.5 79.2 205.4 195.3 214.4 213.4 625.0 281.6 269.1 74.3 439.2 66.1 -11.7 77.8 2,411.7 1,968.0 438.3 902.2 277.5 71.5 206.0 195.9 212.3 216.5 627.5 281.9 271.3 74.4 443.7 81.6 -23.9 105.5 2,486.9 2,018.2 457.8 925.0 289.4 82.5 206.9 199.6 215.7 220.3 635.4 287.3 273.4 74.7 468.8 13.0 -15.6 28.6 2,491.7 2,001.4 429.1 928.0 286.2 78.8 207.5 200.1 211.5 230.2 644.3 293.7 275.2 75.3 490.3 63.4 38.9 24.5 2,543.8 2,030.6 452.6 934.6 291.4 75.7 215.7 199.3 214.7 229.2 643.5 290.4 277.4 75.6 513.2 77.2 40.4 36.9 2,579.5 2,044.5 469.0 926.6 287.5 75.3 212.2 207.4 214.0 217.7 648.8 292.5 280.6 75.7 535.0 110.3 43.8 66.5 -568.7 -547.2 -524.4 -515.8 -523.1 -509.0 -493.1 2,101.2 1,473.6 627.6 2,669.9 2,234.6 435.3 2,195.9 1,536.0 659.9 2,743.1 2,295.4 447.7 2,199.2 1,545.6 653.6 2,723.5 2,275.0 448.6 2,213.7 1,538.3 675.5 2,729.5 2,279.6 449.9 2,214.2 1,531.6 682.6 2,737.3 2,281.9 455.3 2,238.9 1,548.8 690.2 2,747.9 2,288.7 459.3 2,268.8 1,574.1 694.7 2,761.9 2,300.5 461.4 3,158.7 3,167.0 3,193.5 3,150.7 3,124.1 3,121.9 3,135.6 1,304.1 835.8 662.8 173.0 468.2 345.8 122.4 1,854.7 1,517.4 337.2 1,295.7 817.1 652.0 165.1 478.6 359.7 118.9 1,871.3 1,536.4 334.9 1,322.1 841.9 675.0 166.9 480.2 361.1 119.2 1,871.4 1,536.8 334.6 1,275.2 793.7 630.6 163.1 481.5 363.3 118.2 1,875.4 1,544.3 331.2 1,255.0 775.8 619.7 156.1 479.2 362.6 116.6 1,869.1 1,543.0 326.1 1,252.6 776.3 615.7 160.5 476.3 360.3 116.1 1,869.3 1,541.4 327.8 1,251.0 777.2 614.9 162.3 473.9 358.0 115.8 1,884.5 1,550.3 334.2 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. Excludes software “embedded,” or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. III November 2013 D-13 S u r v e y o f C u r r e n t B u s in e s s Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 IV III Gross domestic product................................................................................................. Personal consumption expenditures................................................................................... Goods......................... Durable goods......... Motor vehicles and parts............................................................................................ Furnishings and durable household equipment......................................................... Recreational goods and vehicles............................................................................... Other durable goods................................................................................................. Nondurable goods......................................................................................................... Food and beverages purchased for off-premises consumption.................................. Clothing and footwear................................................................................................ Gasoline and other energy goods...................... Other nondurable goods................................... Services.................................................................... Household consumption expenditures (for services)..................................................... Housing and utilities.......................................... Health care........................................................ Transportation services..................................... Recreation services................................................................................................... Food services and accommodations......................................................................... Financial services and insurance............................................................................... Other services........................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2....................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.............. Gross private domestic investment....................................................................................... Fixed investment.................... Nonresidential.................... Structures...................... Equipment...................... Information processing equipment......................................................................... Computers and peripheral equipment4............................................................. Other................................................................................................................. industrial equipment... Transportation equipment...................................................................................... Other equipment Intellectual property products Software 5............................................................................................................. Research and development6................................................................................ Entertainment, literary, and artistic originals.......................................................... Residential.................................................................................................................... Change in private inventories............................................................................................. Farm....................... Nonfarm................. Net exports of goods and services Exports.............................................................................................................................. Goods Services........................................................................................................................ Imports. Goods........................................................................................................................... Services........................................................................................................................ Government consumption expenditures and gross investment Federal................................................................................. National defense........................................................................................................... Consumption expenditures........................................................................................ Gross investment........... Nondefense........................ Consumption expenditures........................................................................................ Gross investment...................................................................................................... State and local........... Consumption expenditures............................................................................................ Gross investment.... Residual........................ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 2013 2012 II I III 15,052.4 10,291.3 15,470.7 10,517.6 15,534.0 10,541.0 15,539.6 10,584.8 15,583.9 10,644.0 15,679.7 10,691.9 15,790.1 10,732.3 3,419.9 1,157.1 339.4 276.0 370.5 173.7 2,266.0 798.8 335.0 275.2 861.6 6,871.1 6,592.0 1,928.4 1,693.3 294.3 388.8 634.0 756.0 896.7 278.9 1,100.0 820.9 3,534.1 1,246.7 364.0 292.8 410.9 183.6 2,296.8 809.4 338.9 271.5 885.1 6,982.7 6,689.4 1,943.6 1,738.4 298.0 394.4 656.8 746.0 911.9 293.6 1,132.1 838.8 3,546.7 1,253.4 363.5 294.1 416.1 185.0 2,303.0 811.7 340.5 272.5 886.1 6,993.4 6,698.0 1,955.5 1,741.1 298.8 395.4 656.2 738.1 913.2 295.8 1,138.1 842.5 3,579.2 1,285.2 375.8 297.3 426.8 190.1 2,306.7 813.5 339.0 268.8 895.2 7,004.7 6,703.2 1,941.9 1,750.9 298.6 393.7 666.6 737.7 913.6 302.3 1,141.4 839.9 3,611.9 1,303.5 380.6 300.3 435.2 192.8 2,322.2 817.6 340.5 271.7 901.8 7,031.1 6,743.2 1,964.5 1,756.5 300.8 396.1 670.7 747.6 907.1 287.6 1,132.7 844.8 3,639.6 1,323.2 379.7 306.9 447.3 196.8 2,331.7 815.3 345.5 271.1 910.0 7,051.5 6,766.1 1,964.8 1,771.9 300.8 395.1 671.9 754.9 906.2 284.8 1,142.2 856.6 3,678.4 1,348.5 385.8 315.7 459.6 196.4 2,347.1 820.8 342.5 270.3 924.8 7,053.4 6,766.6 1,953.6 1,775.8 301.6 397.1 673.0 755.6 909.4 286.3 1,144.2 857.2 2,224.6 2,436.0 2,456.5 2,441.8 2,470.1 2,524.9 2,583.1 2,184.6 1,800.5 374.1 841.7 287.9 2,365.3 1,931.8 421.6 905.9 295.7 2,363.5 1,926.4 422.0 899.5 288.6 2,429.1 1,971.9 439.4 918.8 302.1 2,420.0 1,949.0 407.9 922.5 300.0 2,458.4 1,971.3 424.8 929.9 306.8 2,483.5 1,979.2 437.3 921.2 303.8 204.3 175.0 181.0 201.8 586.1 269.8 241.8 74.6 384.3 33.6 -4.5 39.7 207.8 184.6 221.0 209.7 605.8 285.9 245.7 74.8 433.7 57.6 -7.2 68.7 208.7 185.0 218.8 211.6 606.4 286.6 245.7 74.6 437.3 77.2 -13.6 97.3 210.3 187.8 219.4 214.5 614.9 293.1 247.6 74.9 457.5 7.3 -9.6 20.3 211.8 188.0 215.1 224.0 620.6 298.6 247.4 75.7 471.2 42.2 16.0 22.2 221.6 187.5 218.5 222.2 618.3 294.1 248.8 76.2 487.1 56.6 19.5 32.7 219.1 195.2 216.2 210.7 621.7 296.5 250.2 75.8 504.0 86.0 22.5 59.2 -445.9 -430.8 -436.5 -412.1 -422.3 -424.4 -413.2 1,890.5 1,303.9 586.3 2,336.4 1,923.4 411.8 1,957.4 1,353.2 603.7 2,388.2 1,964.3 422.8 1,961.6 1,362.8 598.0 2,398.0 1,972.7 424.2 1,967.0 1,352.6 614.2 2,379.1 1,955.1 423.1 1,960.5 1,342.8 617.5 2,382.7 1,954.0 428.3 1,998.4 1,373.4 624.9 2,422.9 1,989.6 432.6 2,020.8 1,394.7 625.8 2,434.0 1,998.4 434.9 2,992.3 2,963.1 2,988.8 2,938.8 2,907.4 2,904.5 2,906.0 1,237.9 794.6 627.1 167.3 443.3 325.6 117.8 1,754.5 1,426.8 327.3 -20.6 1,220.3 769.1 610.4 158.5 451.2 336.9 114.2 1,742.8 1,427.1 315.1 -34.1 1,244.6 791.8 631.7 159.8 452.8 338.3 114.4 1,744.3 1,429.9 313.8 -34.6 1,198.9 745.0 588.1 156.8 453.9 340.2 113.7 1,739.8 1,429.5 309.6 -45.1 1,172.8 723.1 573.4 149.5 449.8 338.1 111.6 1,734.3 1,429.9 303.7 -38.0 1,168.2 722.0 568.8 153.1 446.2 335.1 111.0 1,736.0 1,431.3 304.0 -41.2 1,163.2 720.8 566.2 154.6 442.4 331.9 110.5 1,742.5 1,433.2 308.6 -42.1 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. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 1.5.2 and real growth rates are shown in table 1.5.1. 5. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. N ote. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-14 November 2013 Table 1.6.4. Price Indexes for Gross Domestic Purchases Table 1.6.7. Percent Change From Preceding Period in Prices for Gross Domestic Purchases [Index numbers, 2009=100] [Percent] Seasonally adjusted Line 2011 2012 2012 III Gross domestic purchases................. Personal consumption expenditures...... Goods.................................................... Durable goods.................................... Motor vehicles and parts................ Furnishings and durable household equipment................................. Recreational goods and vehicles.... Other durable goods....................... Nondurable goods.............................. Food and beverages purchased for off-premises consumption.......... Clothing and footwear.................... Gasoline and other energy goods... Other nondurable goods................. Services................................................ Household consumption expenditures Housing and utilities....................... Healthcare.................................... Transportation services.................. Recreation services........................ Food services and accommodations Financial services and insurance.... Other services................................ Final consumption expenditures of nonprofit institutions serving households (NPISHs)..................... Gross private domestic investment........ Fixed investment.................................... Nonresidential.................................... Structures....................................... Equipment...................................... Information processing equipment.............................. Computers and peripheral equipment.......................... Other..................................... Industrial equipment................... Transportation equipment........... Other equipment........................ Intellectual property products Software 1................................. Research and development........ Entertainment, literary, and artistic originals...................... Residential......................................... Nonfarm............................................. Government consumption expenditures and gross investment............................ Federal.................................................. National defense Consumption expenditures............. Gross investment............................ Nondefense...... Consumption expenditures............. Gross investment............................ State and local........................................ Consumption expenditures............. Gross investment............................ IV I Line II 1 103.884 105.599 105.742 106.150 106.467 106.526 106.994 6 94.247 93.972 93.910 93.454 93.438 92.770 7 86.679 81.424 80.729 79.611 78.621 77.390 8 103.601 104.174 103.966 103.999 104.015 104.011 9 109.128 111.765 111.964 112.522 112.264 111.126 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 104.276 101.000 148.588 103.599 103.463 103.628 101.683 104.399 104.730 102.808 103.887 105.966 104.250 99.642 106.657 104.651 153.621 105.312 105.689 105.980 103.616 106.286 106.750 105.622 106.842 110.057 106.415 98.932 106.682 104.850 153.961 105.622 105.939 106.259 103.789 106.596 106.744 106.022 107.197 110.786 106.480 98.532 107.163 105.405 156.856 105.535 106.493 106.809 104.507 106.946 107.100 106.421 107.601 111.701 106.996 99.156 107.503 105.729 153.941 105.316 107.060 107.422 105.162 107.560 107.780 106.904 108.194 111.682 108.083 107.647 105.019 144.463 105.372 107.477 107.747 105.996 107.392 107.295 107.016 109.074 111.508 108.625 98.674 101.281 101.852 101.977 103.732 100.187 102.045 102.157 103.856 100.300 102.386 102.350 104.164 100.673 97.387 96.235 96.138 95.791 95.405 94.989 30 92.029 90.060 90.061 89.629 31 99.652 98.840 98.701 98.384 32 103.972 105.783 105.864 106.261 33 94.913 96.994 97.040 98.326 34 98.426 101.797 102.298 102.707 35 101.789 103.169 103.486 103.325 36 99.161 98.522 98.338 97.992 37 105.550 109.522 110.403 110.412 89.401 97.931 106.462 98.304 102.785 103.816 98.368 111.261 89.438 97.335 106.289 98.224 103.154 104.071 98.748 111.523 29 102.967 102.692 105.189 100.601 103.478 103.008 106.521 100.500 105.560 106.882 106.850 107.209 107.454 107.485 107.898 105.344 105.191 105.693 103.393 105.624 106.215 103.924 105.710 106.352 103.029 106.184 106.252 106.824 104.185 106.077 106.755 104.128 107.371 107.652 106.294 106.224 106.322 106.857 104.396 106.065 106.734 104.141 107.288 107.477 106.631 106.370 106.542 107.221 104.068 106.081 106.795 104.023 107.798 108.029 106.945 107.007 107.283 108.061 104.433 106.549 107.257 104.507 107.775 107.907 107.388 107.229 107.512 108.243 104.839 106.760 107.511 104.589 107.676 107.693 107.834 88.519 84.085 83.972 82.577 81.668 80.960 107.550 107.816 108.584 105.007 107.108 107.883 104.867 108.152 108.168 108.314 2012 Gross private domestic investment........ Nonfarm................. ...................... Government consumption expenditures and gross investment............................ Federal................................................... National defense................................. Consumption expenditures............. Gross investment............................ Nondefense....................................... Consumption expenditures............. Gross investment............................ State and local....................................... Consumption expenditures............. Gross investment............................ 2.3 2.4 1.7 1.8 2013 IV I II III 1.4 1.7 1.6 1.6 1.2 1.1 0.2 -0.1 1.8 1.9 1.3 -1.2 1.6 1.3 -2.2 -0.7 0.7 -2.1 -0.3 -1.0 -1.1 0.9 -3.3 -2.0 1.2 2.2 -2.3 0.3 -1.6 -6.7 3.2 5.9 -0.3 -6.1 0.6 2.4 -1.2 -6.1 0.1 3.0 -1.9 -5.4 0.1 2.0 -0.1 -4.9 0.1 -0.9 -2.8 -6.1 0.0 -4.0 -5.8 -5.0 1.8 4.5 4.0 1.7 25.8 1.6 1.8 1.8 1.4 1.8 2.7 1.7 2.5 1.9 1.8 2.3 3.6 3.4 1.7 2.2 2.3 1.9 1.8 1.9 2.7 2.8 3.9 2.1 0.7 0.5 13.2 1.9 1.9 2.0 1.8 2.1 0.0 2.8 1.7 5.4 0.1 1.8 2.1 7.7 -0.3 2.1 2.1 2.8 1.3 1.3 1.5 1.5 3.3 2.0 1.3 0.5 1.2 -2.7 -7.2 -22.4 -0.8 0.2 2.1 1.6 2.3 1.2 2.5 3.2 2.3 -0.6 2.6 -1.8 1.8 0.4 2.2 3.3 -0.1 -0.6 4.1 2.0 1.2 4.7 20.9 1.2 1.8 1.8 1.9 1.5 3.7 2.4 1.3 2.6 0.5 1 2 3 4 5 3.6 -1.0 2.8 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 0.7 -0.7 -2.0 2.6 -1.9 11.0 24 25 26 27 28 1.3 1.3 1.3 1.5 2.1 1.9 1.3 1.3 1.5 2.9 0.9 1.3 1.4 1.9 1.3 1.4 1.0 0.6 1.4 1.3 0.8 1.2 1.5 2.3 1.3 4.0 -0.3 2.0 1.2 5.2 -0.4 1.5 1.1 2.8 0.4 29 -1.0 -1.2 -0.7 -1.4 -1.6 -1.7 -1.6 30 31 32 33 34 35 36 37 -4.1 0.3 2.9 1.9 1.3 1.2 0.1 3.0 -2.1 -0.8 1.7 2.2 3.4 1.4 -0.6 3.8 0.0 -1.0 0.6 3.1 3.4 0.7 -1.8 3.0 -1.9 -1.3 1.5 5.4 1.6 -0.6 -1.4 0.0 -1.0 -1.8 0.8 -0.1 0.3 1.9 1.5 3.1 0.2 -2.4 -0.6 -0.3 1.4 1.0 1.6 0.9 -0.4 -2.0 0.0 3.0 0.6 1.1 -0.4 2.3 38 39 40 41 4? -0.5 0.7 0.4 0.9 2.4 3.4 0.0 4.0 -1.0 6.3 -1.0 5.1 2.9 3.0 43 44 45 46 47 48 49 50 51 52 53 2.8 1.3 0.3 1.4 0.9 0.1 1.5 2.7 2.8 2.9 2.2 2.5 2.7 1.8 2.9 2.9 2.8 0.8 1.0 1.1 0.8 0.4 0.5 0.2 1.6 1.2 3.2 0.2 0.4 0.4 0.2 -0.2 -0.2 -0.2 0.4 0.1 1.7 0.6 0.8 1.4 -1.3 0.1 0.2 -0.5 1.9 2.1 1.2 2.4 2.8 3.2 1.4 1.8 1.7 1.9 -0.1 -0.5 1.7 0.8 0.9 0.7 1.6 0.8 1.0 0.3 -0.4 -0.8 1.7 1.2 1.1 1.3 0.6 1.3 1.4 1.1 1.8 1.8 1.8 54 -6.5 -5.0 -2.5 -6.5 -4.3 -3.4 -3.4 55 56 57 2.4 3.6 15.7 1.7 2.2 1.4 1.4 0.6 7.1 1.6 2.5 6.4 1.3 0.3 1.4 0.3 -4.5 -12.2 1.8 0.5 11.8 58 59 1.7 2.0 1.6 1.7 1.2 2.3 1.3 1.1 1.4 1.3 0.8 0.6 1.5 1.9 60 61 62 2.0 4.2 2.6 1.8 3.2 0.8 2.3 1.2 3.0 6.0 42.0 -14.7 1.4 1.1 -9.3 0.7 -1.4 -5.6 2.0 -0.5 9.3 63 64 65 1.8 2.0 2.3 1.7 1.8 1.7 1.3 2.3 1.4 1.4 1.1 1.5 1.6 1.4 1.2 0.9 0.7 0.2 1.9 1.9 1.8 66 2.3 1.6 1.2 1.9 1.5 0.2 1.8 2.4 Addenda: 54 55 104.030 105.808 105.953 106.379 106.710 106.778 56 103.970 106.231 106.198 106.852 107.221 107.313 57 127.626 129.419 129.234 131.262 129.776 125.637 58 103.024 104.706 104.868 105.209 105.580 105.778 59 103.203 105.008 105.345 105.640 105.994 106.165 60 103.299 105.145 105.488 105.799 106.164 106.346 61 104.050 107.375 108.151 108.958 109.260 108.868 62 97.616 98.431 104.574 100.490 98.080 96.673 63 103.276 105.016 105.188 105.562 105.983 106.230 64 103.217 105.033 105.374 105.663 106.024 106.199 65 103.898 105.624 105.769 106.171 106.496 106.559 66 103.880 105.594 105.691 106.177 106.576 106.619 Final sales of computers to domestic 80.265 purchasers 2...................................... Gross domestic purchases excluding final sales of computers to domestic 107.258 purchasers......................................... 107.455 Food 3.................................................... 129.181 Energy goods and services.................... Gross domestic purchases excluding 106.161 food and energy.................................. 106.667 Gross domestic product.......................... Gross domestic product excluding 106.862 final sales of computers.............. 108.726 Food 3............................................ 98.837 Energy goods and services............ Gross domestic product excluding food and energy.......................... 106.723 106.711 Final sales of domestic product.............. 107.036 Final sales to domestic purchasers........ Implicit price deflator for gross domestic 107.087 purchases4....................................... 1. Excludes software “embedded,” or bundled, in computers and other equipment. 2. Some components of final sales of computers include computer parts. 3. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services. Gross domestic purchases.................. Personal consumption expenditures...... 103.870 Fixed investment..................................... 103.300 Nonresidential.................................... 107.255 Structures...................................... 100.589 Equipment..................................... Information processing 94.614 equipment............................... Computers and peripheral 89.339 equipment........................... 96.854 Other..................................... 106.292 Industrial equipment................... Transportation equipment........... 98.963 103.318 Other equipment......................... 104.360 Intellectual property products......... 98.643 Software 1................................... Research and development........ 112.146 Entertainment, literary, and 99.948 artistic originals...................... 106.186 Residential......................................... 38 98.942 99.370 99.734 99.726 99.488 99.227 39 100.392 101.246 101.505 102.500 104.088 105.396 40 41 ........... 4? 43 44 45 46 4/ 48 49 50 51 52 53 2012 III Goods.................................................... Durable goods.................................... Motor vehicles and parts................ Furnishings and durable household 91.402 equipment................................... 76.407 Recreational goods and vehicles.... 104.482 Other durable goods....................... 112.359 Nondurable goods.............................. Food and beverages purchased for 107.969 off-premises consumption.......... 106.244 Clothing and footwear..................... 151.486 Gasoline and other energy goods... 105.698 Other nondurable goods................. 107.954 Services................................................. 108.218 Household consumption expenditures 106.500 Housing and utilities....................... Health care..................................... 107.805 108.276 Transportation services.................. 107.654 Recreation services........................ 109.437 Food services and accommodations 112.224 Financial services and insurance.... 108.774 Other services............................... Final consumption expenditures of nonprofit institutions serving 101.886 households (NPISHs)..................... 100.364 101.646 101.820 102.196 102.726 103.206 103.542 100.506 100.524 101.748 98.928 2011 III 2 104.086 106.009 106.193 106.622 106.909 106.878 107.391 3 105.345 106.666 106.718 106.900 106.641 105.740 106.325 4 97.649 96.467 96.246 95.746 95.487 95.016 94.458 5 108.645 110.375 110.555 110.460 110.707 111.048 111.135 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.......................................... Seasonally adjusted at annual rates 2013 1. Excludes software “embedded,” or bundled, in computers and other equipment. 2. Some components of final sales of computers include computer parts. 3. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services. 4. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.6.4. November 2013 D-15 S u r v e y o f C u r r e n t B u s in e s s Table 1.6.8. Contributions to Percent Change in the Gross Domestic Purchases Price Index Table 1.7.1. Percent Change from Preceding Period in Real Gross Domestic Product, Real Gross National Product, and Real Net National Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates ine 2011 2012 2012 Line 2013 III IV 1 1 2.3 1.7 1.4 1.6 1.2 0.2 1.8 2 3 4 5 1.58 1.23 1.13 1.08 0.72 -0.08 1.29 0.80 -0.07 0.06 0.28 -0.09 0.04 0.30 -0.16 -0.02 0.16 -0.15 -0.01 -0.22 -0.08 0.02 -0.76 -0.14 0.03 0.50 -0.17 0.01 6 -0.03 0.00 -0.02 -0.03 0.00 -0.05 -0.10 7 8 9 -0.14 0.03 0.87 -0.13 0.01 0.37 -0.12 0.00 0.46 -0.11 -0.10 -0.13 0.00 0.00 0.00 0.31 -0.14 -0.62 -0.10 0.02 0.67 Percentage points at annual rates: Personal consumption expenditures Goods............................................. Durable goods............................. Motor vehicles and parts......... Furnishings and durable household equipment.......... Recreational goods and vehicles............................... Other durable goods................ Nondurable goods....................... Food and beverages purchased for ofl-premises consumption Clothing and footwear............. Gasoline and other energy goods................................. Other nondurable goods.......... Services.......................................... Household consumption expenditures............................ Housing and utilities................ Healthcare.............................. Transportation services........... Recreation services................. Food services and accommodations................. Financial services and insurance............................. Other services......................... Final consumption expenditures of nonprofit institutions serving households (NPISHs).............. Gross private domestic investment Fixed investment.............................. Nonresidential............................. Structures............................... Equipment.............................. Information processing equipment....................... Computers and peripheral equipment................... Other.............................. Industrial equipment............ Transportation equipment.... Other equipment................. Intellectual property products... Software 1........................... Research and development Entertainment, literary, and artistic originals............... Residential................................... Change in private inventories.......... Farm........................................... Nonfarm....................................... Government consumption expenditures and gross investment..................................... Federal........................................... National defense.......................... Consumption expenditures...... Gross investment..................... Nondefense................................ Consumption expenditures...... Gross investment..................... State and local................................ Consumption expenditures...... Gross investment..................... Addenda: Final sales of computers to domestic 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.......................... 10 11 0.20 0.03 0.12 0.08 0.04 0.01 0.09 0.04 0.07 0.03 0.03 -0.06 0.06 0.10 12 13 14 0.54 0.09 0.78 0.08 0.09 0.95 0.31 0.11 0.83 0.19 -0.02 0.93 -0.19 -0.05 0.94 -0.60 0.01 0.69 0.44 0.07 0.79 15 16 17 18 19 0.77 0.18 0.20 0.05 0.04 0.96 0.23 0.20 0.04 0.07 0.86 0.22 0.23 0.00 0.07 0.88 0.33 0.15 0.03 0.04 0.97 0.30 0.25 0.05 0.05 0.51 0.38 -0.07 -0.03 0.01 0.74 0.23 0.17 0.07 0.06 20 0.10 0.12 0.07 0.06 0.09 0.14 0.06 21 22 0.09 0.10 0.19 0.12 0.26 0.01 0.16 0.11 0.00 0.23 -0.03 0.12 0.13 0.03 23 0.01 -0.01 -0.03 0.04 -0.03 0.17 0.04 24 25 26 27 28 0.17 0.18 0.18 0.21 0.31 0.28 0.20 0.18 0.16 0.07 0.05 0.19 0.17 0.05 0.07 0.21 0.12 0.02 0.08 0.20 0.09 0.03 0.08 0.33 0.16 0.10 -0.02 0.29 0.14 0.13 -0.02 0.23 0.14 0.07 0.02 2012 2013 1 1.8 •? 8.8 IV 2.8 2.8 0.3 -2.6 I II III 0.1 1.1 2.5 7.4 -8.9 1.5 2.8 Plus: Income receipts from the Less: Income payments to the rest of the world.............................. 3 2.9 2.6 4.7 4.4 1.0 -4.1 4 5 6 7 8 9 2.1 2.7 2.4 0.3 0.6 2.7 1.2 1.1 2.0 2.0 2.1 1.7 1.8 1.4 1.4 1.6 1.8 1.9 1.3 1.2 1.5 1.9 2.0 1.2 1.1 1.4 2.0 2.3 1.1 1.0 1.3 2.0 2.3 1.1 1.0 1.4 Equals: Net national product.... Addenda: 10 2.3 2.8 2.6 0.1 0.4 2.8 Gross domestic income 1........ Gross national income 2.......... Net domestic product............... Net domestic income 3............ Net domestic purchases.......... Gross national product, current 11 1? 13 14 15 2.5 2.8 2.0 2.7 1.8 2.5 2.4 3.0 2.7 2.7 0.9 0.6 3.0 0.7 2.9 4.9 5.0 -0.2 5.4 -0.9 2.4 1.9 1.0 2.5 1.3 2.6 2.8 2.6 2.7 2.6 16 4.2 4.4 4.6 1.8 2.3 3.3 Equals: Gross national product Less: Consumption of fixed capital Private..................................... Government......................... General government Government enterprises... 2.0 2.2 1.1 1.1 1.4 3.0 2.6 1. Gross domestic income deflated by the implicit price deflator for gross domestic product. 2. Gross national income deflated by the implicit price deflator for gross national product. 3. Net domestic income deflated by the implicit price deflator for net domestic product. Table 1.7.3. Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted Line Gross domestic product........... -0.02 -0.02 -0.01 -0.02 -0.03 -0.03 -0.03 30 31 32 33 34 35 36 37 -0.02 0.00 -0.01 -0.02 0.02 0.07 0.02 -0.02 -0.02 0.00 0.00 0.00 -0.02 0.01 -0.03 -0.01 -0.02 0.00 0.00 0.00 0.07 0.03 0.05 0.02 0.04 0.03 0.02 0.04 0.01 0.04 -0.01 0.04 Equals: Gross national product 0.05 -0.01 -0.01 0.02 0.03 0.04 0.05 -0.01 0.06 38 39 40 41 42 0.00 0.00 0.02 -0.01 -0.01 0.01 0.02 0.01 0.09 -0.03 -0.05 0.02 Equals: Net national product.... Addenda: 43 44 45 46 47 48 49 50 51 52 53 0.00 0.03 0.02 0.02 0.05 0.00 0.00 -0.01 0.00 -0.01 0.01 0.04 0.04 0.03 -0.03 0.05 0.00 0.01 0.09 -0.02 0.01 -0.03 0.00 0.00 0.00 0.11 0.02 0.03 -0.02 0.17 -0.02 0.00 0.15 -0.01 -0.01 -0.03 0.00 0.00 0.56 0.24 0.06 0.25 0.17 0.02 0.28 0.22 0.15 0.12 0.02 0.07 0.06 0.01 0.34 0.28 0.06 0.06 0.05 0.04 0.01 0.01 0.01 0.01 0.02 0.02 0.04 0.04 0.05 -0.01 0.18 0.13 0.12 0.01 0.05 0.04 0.01 -0.01 -0.04 0.03 0.06 0.04 0.02 0.01 0.02 0.02 0.09 0.05 0.05 0.01 0.04 0.03 0.01 0.19 0.16 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.18 0.11 0.06 0.05 0.01 0.03 0.21 0.19 0.02 -0.01 0.00 -0.04 -0.07 0.03 2011 2012 2012 III 29 Plus: Income receipts from the rest of the world....................... Less: Income payments to the rest of the world.............................. Less: Consumption of fixed capital Private..................................... Government............................ General government............ Government enterprises...... Net domestic product............... Net domestic purchases.......... 54 -0.06 -0.04 -0.02 -0.05 -0.04 -0.03 -0.03 55 56 57 2.38 0.18 0.55 1.69 0.11 0.05 1.39 0.04 0.25 1.61 0.13 0.23 1.24 0.07 -0.16 • 0.25 0.02 -0.48 1.80 0.03 0.41 58 1.59 1.49 1.09 1.20 1.29 0.68 1.33 which are classified in food 2013 IV 1 104.400 107.302 107.741 I II III 107.780 108.087 108.751 109.517 ? 109.330 109.605 108.584 110.534 107.999 108.414 3 4 5 6 7 8 9 95.701 98.152 97.781 98.837 99.077 98.057 104.954 107.744 108.143 108.237 108.408 109.123 101.842 101.196 104.630 104.618 104.721 103.610 103.025 106.138 106.103 106.393 103.840 103.267 106.314 106.276 106.592 104.324 103.792 106.622 106.577 106.955 104.849 104.373 106.905 106.852 107.293 105.380 104.962 107.186 107.121 107.663 105.903 105.537 107.489 107.412 108.049 10 105.552 108.537 108.967 108.987 109.091 109.841 11 104.898 108.019 108.498 108.451 108.717 109.407 110.219 12 105.197 108.081 108.592 108.337 108.679 109.368 110.059 Table 1.7.4. Price Indexes for Gross Domestic Product, Gross National Product, and Net National Product [index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III 1. Excludes software “embedded,” or bundled, in computers and other equipment. 2. Some components of final sales of computers include computer parts. 3. Food excludes personal consumption expenditures for purchased meals and services. 2012 III Gross domestic product........... Percent change at annual rate: Gross domestic purchases.......... 2011 III II 2013 IV I II III Gross domestic product........... 1 103.203 105.008 105.345 105.640 105.994 106.165 106.667 Plus: Income receipts from the rest of the world....................... Less: Income payments to the rest 2 114.077 116.025 116.174 116.626 116.985 117.067 Equals: Gross national product Less: Consumption of fixed capital Private..................................... Government............................ General government............ Government enterprises...... Equals: Net national product.... Addenda: Net domestic product............... Net domestic purchases.......... 3 114.075 116.085 4 103.327 105.131 5 101.682 103.626 6 101.322 103.294 7 103.218 105.046 8 103.155 104.855 9 103.682 106.466 116.251 116.721 117.063 117.103 105.465 105.762 106.116 106.287 103.898 103.585 105.240 105.034 106.771 104.220 103.950 105.380 105.137 107.185 104.859 104.652 105.752 105.333 108.857 105.455 105.311 106.077 105.617 109.486 105.906 105.790 106.410 105.940 109.895 10 103.641 105.420 105.765 106.057 106.358 106.450 11 103.498 105.277 105.626 105.916 106.216 106.306 106.819 12 104.296 105.969 106.088 106.512 106.770 106.731 107.202 D-16 National Data November 2013 Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income Table 1.7.6. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Gross domestic product......... Plus: Income receipts from the rest of the world..................... Less: Income payments to the rest of the world..................... 2013 IV I II 818.6 812.0 829.8 813.3 817.0 3 542.1 565.7 564.4 572.8 575.9 570.1 4 15,794.6 16,497.4 16,603.7 16,677.3 16,772.7 16,907.9 14 13,342.0 13,954.6 14,048.5 14,102.3 14,168.9 14,276.0 Less: Statistical discrepancy 15 Equals: National income......... Less: Corporate profits with inventory valuation and capital consumption adjustments....................... Taxes on production and imports less subsidies....... Contributions for government social insurance, domestic Net interest and miscellaneous payments on assets................................ Business current transfer payments (net)................... Current surplus of government enterprises........................ Plus: Personal income receipts on assets............................... Plus: Personal current transfer receipts.................................. 16 13,395.7 13,971.6 13,962.1 14,204.0 14,324.5 14,438.5 5 6 7 2,452.6 1,974.4 1,571.6 2,542.9 2,049.3 1,639.4 2,555.1 2,059.8 1,648.4 2,575.0 2,077.6 1,661.4 2,603.8 2,103.3 1,680.6 2,631.9 2,128.5 1,698.9 2,656.3 2,149.9 1,714.6 8 1,837.2 1,595.0 1,600.2 1,614.1 1,650.6 1,666.1 1,681.0 9 10 11 12 13 265.7 402.9 478.1 421.2 57.0 -44.4 409.9 493.6 434.2 59.4 -48.2 411.4 495.3 435.6 59.7 -47.3 416.2 497.4 437.3 60.2 -30.0 422.7 500.5 439.2 61.3 -32.8 429.6 503.4 441.5 61.9 -33.6 435.2 506.4 444.1 62.3 -53.7 -17.0 86.4 -101.7 -155.6 -162.5 2012 III Gross domestic product......... 2013 IV I II III 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,790.1 ? 703.8 705.5 698.9 711.5 695.2 697.9 Less: Income payments to the rest of the world..................... 3 475.2 487.3 485.5 490.7 491.9 486.9 Equals: Gross national product.................................. 4 15,286.7 15,693.1 15,751.1 15,764.8 15,789.7 15,893.9 Less: Consumption of fixed capital.................................... Private.................................... Government........................... General government.......... Government enterprises.... 5 6 7 8 9 Equals: Net national product ... Addenda: Gross domestic income 1...... Gross national income 2........ Net domestic product............. Net domestic income 3.......... Net domestic purchases 2,412.0 1,948.7 463.2 408.3 55.0 2,453.9 1,983.9 469.9 414.1 55.8 2,459.3 1,988.6 470.7 414.7 55.9 2,470.8 1,998.7 472.0 415.9 56.1 2,483.2 2,009.9 473.3 417.0 56.3 2,495.8 2,021.2 474.5 418.0 56.5 10 12,873.9 13,238.0 13,290.5 13,292.9 13,305.5 13,397.1 11 1? 13 14 15 15,104.3 15.338.7 12.639.8 12,691.6 13,088.4 15,487.0 15,709.2 13,015.8 13.032.0 13.447.1 15,451.9 15,669.1 13,073.6 12,991.7 13,510.7 15.636.0 15.861.0 13,067.9 13,163.9 13,479.0 15,730.6 15,936.3 13,099.9 13,246.2 13,521.6 15.832.6 16.046.6 13,183.0 13,281.0 13,335.8 13,607.3 13,693.2 17 1,877.7 2,009.5 2,012.3 2,047.2 2,020.6 18 1,037.2 1,065.6 1,062.8 1,068.6 1,082.7 1,079.9 1,084.9 19 918.2 950.7 947.4 967.9 1,093.7 1,100.3 1,105.3 20 456.9 439.6 455.3 430.3 477.0 444.0 458.4 Table 1.8.3. Command-Basis Real Gross Domestic Product and Gross National Product, Quantity Indexes 2,087.4 [index numbers, 2009=100] 21 129.6 106.9 102.6 99.5 121.9 125.8 119.4 22 -23.8 -27.7 -28.5 -31.8 -35.5 -39.0 -41.5 23 1,884.6 1,958.5 1,926.9 2,062.8 1,935.8 1,994.0 2,028.1 24 2,306.9 2,358.3 2,364.4 2,388.0 2,426.0 2,430.9 2,457.6 Seasonally adjusted Line 2011 2012 15,587.5 15,848.3 14,705.2 13,081.3 13,134.9 12,252.7 13,650.0 16,261.6 16,514.5 15,369.6 13,701.7 13,718.8 12,826.8 14,248.9 16,269.6 16,517.2 15,380.4 13,800.9 13,714.5 12,825.3 14,325.3 16,522.0 16,779.1 15,642.8 13,845.3 13,947.0 13,067.8 14,361.1 16,690.9 16,928.3 15,759.2 13,931.5 14,087.1 13,155.4 14,454.6 16,823.5 17,070.4 15,903.6 14,029.1 14,201.4 14,191.7 13,271.8 14,538.1 14,694.5 2012 III 25 13,191.3 13,743.8 13,701.6 14,073.1 13,925.9 14,065.0 14,197.7 26 27 28 29 30 31 32 2,508.2 2,032.3 475.9 419.2 56.7 1. Gross domestic income deflated by the implicit price deflator for gross domestic product. 2. Gross national income deflated by the implicit price deflator for gross national product. 3. Net domestic income deflated by the implicit price deflator for net domestic product. N ote. Except as noted in footnotes 1,2 and 3, chained (2009) dollar series are calculated as the product of the chaintype quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. 1. Consists of compensation of employees, proprietors' income with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj), rental income of persons with CCAdj, corporate profits with IVA and CCAdj, net interest and miscellaneous payments, and consumption of fixed capital. 2. Consists of gross national factor income less consumption of fixed capital. 2012 2011 Plus: Income receipts from the 802.8 Equals: Net national product... Equals: Personal income........ Line III 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,857.6 2 Equals: Gross national product................................. Less: Consumption of fixed capital.................................... Private................................... Domestic business............ Capital consumption allowances................. Less: Capital consumption adjustment................. Households and institutions Government........................... General government.......... Government enterprises.... Addenda: Gross domestic income......... Gross national income........... Gross national factor income 1 Net domestic product............ Net domestic income............. Net national factor income 2... Net domestic purchases........ Seasonally adjusted at annual rates Gross domestic product........... Less: Exports of goods and services.................................. Plus: Imports of goods and services.................................. Equals: Gross domestic purchases................................ Plus: Exports of goods and services, command basis 1...... Less: Imports of goods and services, command basis 1...... Equals: Command-basis gross domestic product12............. 2013 IV I II III 1 104.400 107.302 107.741 107.780 108.087 108.751 109.517 2 119.367 123.590 123.851 124.196 123.781 126.181 127.590 3 118.239 120.860 121.358 120.398 120.584 122.615 123.179 4 104.666 107.374 107.841 107.702 108.073 108.737 109.401 5 127.705 131.297 131.335 131.697 131.333 132.725 133.907 6 130.064 131.461 130.370 130.155 130.136 130.569 130.660 7 103.711 106.695 107.283 107.291 107.721 108.479 109.279 Plus: Income receipts from the rest of the world, command 8 120.058 120.425 119.315 121.462 118.688 119.160 Less: Income payments to the rest of the world, command basis 1 Equals: Command-basis gross national product1,3............... Addenda: Command-basis net domestic product4.............................. Net domestic product............... Command-basis net national product4.............................. Net national product................. 9 105.090 107.898 107.498 108.681 108.938 107.793 m 104.387 107.261 107.807 107.870 108.164 108.974 11 104.091 107.306 107.963 107.879 108.289 109.087 109.941 12 104.898 108.019 108.498 108.451 108.717 109.407 110.219 13 104.884 107.967 108.575 108.557 108.806 109.668 14 105.552 108.537 108.967 108.987 109.091 109.841 Percent change from preceding period (seasonally adjusted at annual rates): Real gross domestic product Command-basis gross domestic product............. Real gross national product Command-basis gross national product............... 15 1.8 2.8 2.8 0.1 1.1 2.5 2.8 16 17 1.5 2.1 2.9 2.7 3.5 2.4 0.0 0.3 1.6 0.6 2.8 2.7 3.0 18 1.8 2.8 3.2 0.2 1.1 3.0 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. November 2013 S urvey of D-17 C u r r e n t B u s in e s s Table 1.8.6. Command-Basis Real Gross Domestic Product and Gross National Product, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 1 2 3 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,790.1 1,890.5 2,336.4 1,957.4 2,388.2 1,961.6 2,398.0 1,967.0 2,379.1 1,960.5 2,382.7 1,998.4 2,422.9 2,020.8 2,434.0 4 5 6 15,501.1 15,902.3 15,971.4 15,950.8 16,005.8 16,104.1 16,202.5 2,022.6 2,570.1 2,079.5 2,597.7 2,079.8 2,575.6 2,085.5 2,571.4 2,079.7 2,571.0 2,101.8 2,579.6 2,120.5 2,581.4 7 8 q 14,953.0 15,383.2 15,467.9 15,469.0 15,531.0 15,640.3 15,755.6 772.8 521.8 775.2 535.7 767.9 533.7 781.7 539.6 763.9 540.9 766.9 535.2 Equals: Command-basis gross national product1,3........................................................ Addenda: 10 15,204.1 15,622.7 15,702.1 15,711.1 15,754.0 15,872.0 Command-basis net domestic product4.......................................................................... Net domestic product......................... Command-basis net national product4 Net national product........................... 11 12 13 14 12,542.5 12,639.8 12,792.5 12,873.9 12,929.9 13,015.8 13,168.5 13,238.0 13,008.9 13,073.6 13,242.3 13,290.5 12,998.9 13,067.9 13,240.2 13,292.9 13,048.2 13,099.9 13,270.6 13,305.5 13,144.4 13,183.0 13,375.7 13,397.1 13,247.3 13,281.0 16 16 17 18 99.344 97.259 97.275 106.753 99.440 97.669 97.135 107.032 99.625 98.718 98.350 107.275 99.520 98.098 97.546 107.144 99.556 98.320 97.672 107.312 99.660 98.786 98.038 106.595 99.694 98.950 98.047 107.737 IV III Gross domestic product....................................................................................................... Less: Exports of goods and services................................................................................... Plus: Imports of goods and services.................................................................................... Equals: Gross domestic purchases.................................................................................... Plus: Exports of goods and services, command basis 1. Less: Imports of goods and services, command basis 1 Equals: Command-basis gross domestic product12 Plus: Income receipts from the rest of the world, command basis 1.................................... 2013 I II III Trade indexes (seasonally adjusted): Trading gains index 5................................................................................................... Terms of trade index 6................................................................................................. Terms of trade, goods7........................................................................................... Terms of trade, nonpetroleum goods 8..................................................................... 1. Uses gross domestic purchases price index as deflator. 2. This measure is called “real gross domestic income” in the System of National Accounts, 2008. 3. This measure is called “real gross national income” in the System of National Accounts, 2008. 4. Uses net domestic purchases price index as deflator. 5. Ratio (multiplied by 100) of price index for gross domestic product to the price index for gross domestic purchases. 6. Ratio (multiplied by 100) of the price index for exports of goods and services to the price index for imports of goods and services. 7. Ratio (multiplied by 100) of the price index for goods exports to the price index for goods imports. 8. Ratio (multiplied by 100) of the price index for goods exports to the price index for nonpetroleum goods imports. Table 1.10. Gross Domestic Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 1 Gross domestic income............................................................................................... 15,587.5 16,261.6 16,269.6 2 8,286.6 of employees, 8,620.0paid 8,599.5 ..................................................................................... Compensation Wages and salaries......................................................................................................... To the rest of the world.... Supplements to wages and salaries................................................................................ Taxes on production and imports Less: Subsidies..................................................................................................................... Net operating surplus........................................................................................................... Private enterprises.......................................................................................................... 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, Profits after tax with inventory valuation and capital consumption adjustments Net dividends...................................................................................................... Undistributed corporate profits with inventory valuation and capital consumption Current surplus of government enterprises..................................................................... Consumption of fixed capital............................................................................................... Private............................................................................................................................. Government.................................................................................................................... 2013 IV III II I III 16,522.0 8,795.5 16,690.9 8,756.1 16,823.5 8,819.7 6,935.1 6,920.5 14.6 1,684.9 6,913.2 6,898.4 14.8 1,686.2 7,094.6 7,080.0 14.6 1,700.9 7,048.2 7,033.8 14.4 1,707.9 7,103.5 7,088.4 15.1 1,716.2 7,144.0 1,097.1 60.0 3,811.2 1,122.9 57.3 4,033.2 1,118.8 56.0 4,052.2 1,126.3 57.7 4,083.0 1,140.7 58.0 4,248.2 1,138.8 58.9 4.292.0 1,144.0 59.1 3,834.9 624.6 129.6 1,155.1 484.4 4,060.9 597.4 106.9 1,224.9 541.2 4,080.7 611.7 102.6 1,220.0 546.7 4,114.8 583.3 99.5 1,247.5 555.4 4,283.7 630.3 121.9 1,334.6 574.9 4.331.0 591.7 125.8 1,341.5 587.7 1H 16 17 18 1,441.2 374.2 1,067.0 545.1 1,590.5 434.8 1,155.7 613.6 1,599.8 439.1 1,160.7 577.3 1,629.1 433.2 1,196.0 735.3 1,622.1 408.2 1,213.8 616.6 1,684.3 418.2 1,266.1 874.7 1P 20 21 22 23 521 8 -23.8 542.2 -27.7 583 4 -28.5 460.7 -31.8 597.3 -35.5 391.4 -39.0 -41.5 2,452.6 2,542.9 2,555.1 2,575.0 2,603.8 2,631.9 2,656.3 1,974.4 478.1 2,049.3 493.6 2,059.8 495.3 2,077.6 497.4 2,103.3 500.5 2,128.5 503.4 2,149.9 506.4 24 -53.7 -17.0 86.4 -101.7 -155.6 -162.5 6 7 8 q 10 11 12 13 14 Addendum: Statistical discrepancy..................................................................................................... 8,867.4 6,646.8 6,632.6 14.2 1,639.8 3 4 1,723.5 119.4 1,358.2 600.2 D-18 November 2013 National Data Table 1.12. National Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 13,395.7 8,278.5 13,971.6 8,611.6 13,962.1 8,591.0 14,204.0 8,787.4 14,324.5 8,748.3 14,438.5 8,811.2 8,858.9 6,638.7 1,194.4 5,444.3 1,639.8 1,145.4 494.4 6,926.8 1,197.3 5,729.4 1,684.9 1,170.6 514.3 6,904.7 1,195.1 5,709.7 1,686.2 1,174.1 512.2 7,086.6 1,199.3 5,887.2 1,700.9 1,176.8 524.0 7,040.4 1,195.8 5,844.5 1,707.9 1,182.1 525.8 7,095.0 1,194.1 5,900.9 1,716.2 1,187.6 528.6 7,135.5 1,190.4 5,945.1 1,723.5 1,193.0 530.5 9 10 11 1,155.1 1,224.9 1,220.0 1,247.5 1,334.6 1,341.5 1,358.2 72.6 1,082.6 75.4 1,149.6 75.3 1,144.7 74.5 1,173.0 137.0 1,197.6 129.0 1,212.5 131.5 1,226.7 12 484.4 1,877.7 541.2 2,009.5 546.7 2,012.3 555.4 2,047.2 574.9 2,020.6 587.7 2,087.4 600.2 374.2 1,503.5 701.6 801.9 434.8 1,574.7 770.3 804.3 439.1 1,573.2 746.7 826.5 433.2 1,614.0 867.6 746.4 408.2 1,612.3 763.8 848.5 418.2 1,669.2 1,037.3 631.9 456.9 1,097.1 60.0 129.6 439.6 1,122.9 57.3 106.9 455.3 1,118.8 56.0 102.6 430.3 1,126.3 57.7 99.5 477.0 1,140.7 58.0 121.9 444.0 1,138.8 58.9 125.8 458.4 1,144.0 59.1 119.4 46.7 90.1 -7.2 41.4 70.6 -5.1 40.6 66.2 -4.2 40.1 59.7 -0.2 44.0 75.7 2.2 44.4 80.1 1.3 44.9 74.6 -0.1 -41.5 III 1 Compensation of employees............................................................................................... Wages and salaries......................................................................................................... Government................................................................................................................ Other........................................................................................................................... Supplements to wages and salaries................................................................................ Employer contributions for employee pension and insurance funds 1........................... Employer contributions for government social insurance............................................. Proprietors’ income with IVA and CCAdj............................................................................ Farm.......................................... Nonfarm.................................... Rental income of persons with CCAdj Corporate profits with IVA and CCAdj Net dividends.................................... Undistributed profits with IVA and CCAdj..................................................................... Net interest and miscellaneous payments Taxes on production and imports........................................................................................ Less: Subsidies..................................................................................................................... Business current transfer payments (net).......................................................................... To persons (net).............................................................................................................. To government (net)........................................................................................................ To the rest of the world (net)............................................................................................ Current surplus of government enterprises...................................................................... Addenda for corporate cash flow: 2 3 4 5 6 7 8 13 14 15 16 17 18 19 20 21 22 23 24 IV I II III 25 -23.8 -27.7 -28.5 -31.8 -35.5 -39.0 Vfi 28 29 2,146.7 801.9 1,306.0 -38.8 2,177.1 804.3 1,365.7 -7.1 2,209.1 826.5 1,373.6 -9.0 2,117.9 746.4 1,384.4 12.9 2,258.6 848.5 1,400.4 -9.6 2,053.3 631.9 1,415.7 -5.7 30 31 32 33 34 35 36 3/ 38 39 40 41 42 43 44 45 46 47 48 49 1,155.1 72.6 78.5 -5.9 1,082.6 892.2 -8.8 199.2 484.4 498.3 -14.0 1,877.7 1.791.3 1.847.4 374.2 1,473.1 701.6 771.6 -56.0 86.4 1,224.9 75.4 81.3 -5.9 1,149.6 1,004.9 -1.6 146.2 541.2 555.3 -14.1 2,009.5 2,180.0 2,190.0 434.8 1,755.2 770.3 984.9 -10.0 -170.5 1,220.0 75.3 81.2 -5.9 1,144.7 1,004.3 -5.7 146.1 546.7 560.9 -14.2 2,012.3 2,186.6 2,208.5 439.1 1,769.4 746.7 1,022.7 -22.0 -174.2 1,247.5 74.5 80.3 -5.9 1,173.0 1,027.9 -1.9 147.0 555.4 569.9 -14.6 2,047.2 2,221.1 2,229.5 433.2 1,796.4 867.6 928.7 -8.4 -173.9 1,334.6 137.0 142.9 -5.8 1,197.6 1,049.8 -2.5 150.3 574.9 589.9 -15.0 2,020.6 2,180.0 2,193.1 408.2 1,784.8 763.8 1,021.0 -13.0 -159.5 1,341.5 129.0 134.8 -5.8 1,212.5 1,060.9 2.1 149.6 587.7 603.0 -15.4 2,087.4 2.248.6 2.239.7 418.2 1,821.4 1,037.3 784.2 8.9 -161.1 71 Consumption of fixed capital........................................................................................ 2013 858.0 1,429.0 Addenda: Proprietors’ income with IVA and CCAdj.......................................................................... Farm............................................................................................................................ Proprietors’ income with IVA.................................................................................... Capital consumption adjustment.............................................................................. Nonfarm................................. Proprietors’ income (without IVA and CCAdj).......................................................... Inventory valuation adjustment................................................................................ Capital consumption adjustment.............................................................................. Rental income of persons with CCAdj.............................................................................. Rental income of persons (without CCAdj).................................................................. Capital consumption adjustment.................................................................................. Corporate profits with IVA and CCAdj.............................................................................. Corporate profits with IVA ..................................................................................... Profits before tax (without IVA and CCAdj).............................................................. Taxes on corporate income.................................................................................. Profits after tax (without IVA and CCAdj) Net dividends................................................................................................... Undistributed profits (without IVA and CCAdj)................................................. Inventory valuation adjustment................................................................................ Capital consumption adjustment.................................................................................. 1,358.2 131.5 137.3 -5.8 1,226.7 1,078.3 -0.9 149.3 600.2 615.8 -15.6 858.0 -161.5 IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 1. Includes actual employer contributions and actuarially imputed employer contributions to reflect benefits accrued by defined benefit pension plan participants through service to employers in the current period. November 2013 S urvey of D-19 C u r r e n t B u s in e s s 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 Gross value added of corporate business 1.................... Consumption of fixed capital......................................................... Net value added........................... Compensation of employees.... Wages and salaries.............. Supplements to wages and salaries..................................... Taxes on production and imports less subsidies....................... Net operating surplus............... Net interest and miscellaneous payments............................ Business current transfer payments (net)............................. Corporate profits with IVA and CCAdj................................... Taxes on corporate income Profits after tax with IVA and CCAdj.................................. Net dividends............... Undistributed profits with IVA and CCAdj..................... Gross value added of financial corporate business1.... Gross value added of nonfinancial corporate business Consumption of fixed capital......................................................... Net value added............................................................................ Compensation of employees.... Wages and salaries............. Supplements to wages and salaries Taxes on production and imports less subsidies...................... Net operating surplus............... Net interest and miscellaneous payments............................ Business current transfer payments (net)............................. Corporate profits with IVA and CCAdj................................... Taxes on corporate income Profits after tax with IVA and CCAdj.................................. Net dividends................................................................ Undistributed profits with IVA and CCAdj..................... Addenda: Corporate business: Profits before tax (without IVA and CCAdj).......................... Profits after tax (without IVA and CCAdj).............................. Undistributed profits after tax (without IVA and CCAdj)....... Inventory valuation adjustment............................................. Capital consumption adjustment........................................... Nonfinancial corporate business: Profits before tax (without IVA and CCAdj)........................... Profits after tax (without IVA and CCAdj).............................. Inventory valuation adjustment............................................. Capital consumption adjustment........................................... 2011 2012 2012 2013 III IV 8,636.2 1,306.0 7,330.2 4,952.7 4,107.4 845.3 718.4 1,659.2 109.9 108.1 1,441.2 374.2 1,067.0 545.1 521.8 9,089.7 1,365.7 7,724.0 5,202.9 4,331.4 871.5 740.5 1,780.6 110.7 79.4 1,590.5 434.8 1,155.7 613.6 542.2 9,082.8 1,373.6 7,709.2 5,185.1 4,316.6 868.5 738.3 1,785.8 111.3 74.6 1,599.8 439.1 1,160.7 577.3 583.4 9,287.1 1,384.4 7,902.7 5,345.7 4,450.3 895.4 743.0 1,814.1 112.8 72.1 1,629.1 433.2 1,196.0 735.3 460.7 9,290.9 1,400.4 7,890.5 5,300.3 4,413.0 887.3 753.3 1,836.9 119.8 95.0 1,622.1 408.2 1,213.8 616.6 597.3 9,414.0 1,415.7 7,998.3 5,350.3 4,458.0 892.2 752.1 1,895.9 113.4 98.2 1,684.3 418.2 1,266.1 874.7 391.4 16 999.8 1,058.8 1,079.9 1,123.4 1,127.5 1,174.7 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 7,636.4 1,135.8 6,500.6 4,374.3 3,624.7 749.6 664.2 1,462.1 287.2 89.3 1,085.6 222.3 863.3 440.3 423.0 8,030.8 1,188.2 6,842.7 4,600.8 3,824.8 776.0 685.3 1,556.5 295.5 92.5 1,168.5 256.9 911.6 478.8 432.8 8,002.9 1,195.2 6,807.7 4,589.1 3,815.2 773.9 683.2 1,535.3 297.2 89.7 1,148.4 249.1 899.4 461.2 438.1 8,163.8 1,204.7 6,959.1 4,694.5 3,901.7 792.8 687.6 1,577.0 299.3 84.3 1,193.4 268.4 925.0 540.4 384.6 8,163.4 1,218.5 6,944.9 4,654.7 3,869.1 785.6 697.3 1,593.0 322.5 80.1 1,190.3 266.6 923.7 483.3 440.5 8,239.3 1,231.6 7,007.8 4,698.5 3,908.5 790.0 696.2 1,613.1 302.2 82.7 1,228.1 264.1 964.0 463.3 500.8 32 33 34 35 36 1,410.8 1,036.6 491.4 -56.0 86.4 1,771.1 1,336.3 722.7 -10.0 -170.5 1,796.0 1,356.9 779.6 -22.0 -174.2 1,811.5 1,378.3 643.0 -8.4 -173.9 1,794.6 1,386.3 769.8 -13.0 -159.5 1,836.6 1,418.3 543.6 8.9 -161.1 -161.5 37 38 39 40 1,026.7 804.4 -56.0 114.9 1,293.7 1,036.8 -10.0 -115.1 1,288.8 1,039.7 -22.0 -118.4 1,319.4 1,051.0 -8.4 -117.6 1,307.7 1,041.1 -13.0 -104.3 1,324.7 1,060.6 8.9 -105.4 -105.9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 I II III 1,429.0 5,389.7 4,492.8 896.9 755.7 92.5 1,243.4 4,733.2 3,939.0 794.2 699.5 79.6 Value added, in billions of chained (2009) dollars: Gross value added of nonfinancial corporate business: Consumption of fixed capital3........................................ Net value added 4........................................................... 41 42 43 7,464.6 1,110.1 6,354.5 7,743.2 1,136.0 6,607.1 7,701.5 1,139.4 6,562.2 7,821.0 1,147.1 6,673.9 7,795.6 1,156.0 6,639.6 7,873.6 1,164.7 6,708.9 1,172.8 IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 1. Estimates for financial corporate business and nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the chain-type price index for GDP goods and structures is used. 3. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. 4. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross product and the consumption of fixed capital. National Data D-20 November 2013 Table 1.15. Price, Costs, and Profit Per Unit of Real Gross Value Added of Nonfinancial Domestic Corporate Business [Dollars] Seasonally adjusted Line 2012 2011 2012 III 2013 IV Price per unit of real gross value added of nonfinancial corporate business 1..................... Compensation of employees (unit labor cost)........................................................................... Unit nonlabor cost......................................................................................................................... 1.023 1.037 1.039 1.044 1.047 1.046 0.586 0.594 0.596 0.600 0.597 0.597 Consumption of fixed capital..................................................................................................... Taxes on production and imports less subsidies plus business current transfer payments (net) Net interest and miscellaneous payments................................................................................ 0.291 0.152 0.291 0.153 0.101 0.100 0.038 0.038 0.294 0.155 0.100 0.039 0.291 0.154 0.099 0.038 0.297 0.156 0.100 0.041 0.293 0.156 0.099 0.038 0.145 0.030 0.116 0.151 0.033 0.118 0.149 0.032 0.117 0.153 0.034 0.118 0.153 0.034 0.118 0.156 0.034 Corporate profits with IVA and CCAdj (unit profits from current production)........................ Taxes on corporate income....................................................................................................... Profits after tax with IVA and CCAdj.......................................................................................... 0.122 IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 1. The implicit price deflator for gross value added of nonfinancial corporate business divided by 100. Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). Note. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not avail able, the chain-type price index for GDP goods and structures is used. Table 1.17.1. Percent Change From Preceding Period in Real Gross Domestic Product, Real Gross Domestic Income, and Other Major NIPA Aggregates [Percent] Seasonally adjusted at annual rates Line 2012 2011 2012 III 2013 I IV II III Production in the United States: Gross domestic product............................................................................................................... Gross domestic income Net domestic product1 Net domestic income 1 1 2 3 4 1.8 2.5 2.0 2.7 2.8 2.5 3.0 2.7 2.8 0.9 3.0 0.7 0.1 4.9 -0.2 5.4 1.1 2.4 1.0 2.5 2.5 2.6 2.6 2.7 2.8 5 6 7 2.1 2.8 2.3 2.7 2.4 2.8 2.4 0.6 2.6 0.3 5.0 0.1 0.6 1.9 0.4 2.7 2.8 2.8 8 9 1.7 1.8 2.6 2.4 2.7 2.2 -0.5 1.4 1.4 0.5 2.5 2.1 2.5 1.7 10 11 12 13 1.5 1.5 1.8 1.9 2.9 3.1 2.8 2.9 3.5 3.8 3.2 3.4 0.0 -0.3 0.2 -0.1 1.6 1.5 1.1 0.9 2.8 3.0 3.0 3.2 3.0 3.2 14 2.4 2.0 -0.6 9.0 -7.9 3.5 2.5 3.0 Production by labor and capital supplied by U.S. residents: Gross national product Gross national income Net national product1 Final expenditures by U.S. residents: Gross domestic purchases.......................................................................................................... Final sales to domestic purchasers 2. Purchasing power of income:3............. Command-basis gross domestic product Command-basis net domestic product1...................................................................................... Command-basis gross national product Command-basis net national product1 After-tax income received by the personal sector: Disposable personal income........................................................................................................ 1.ln this table, the net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital. 2. Gross domestic purchases excluding change in private inventories. 3. The command-basis estimates (lines 10-13) measure the purchasing power of the income generated by the sale of goods and services produced; they reflect gains or losses in real income resulting from changes in the terms of trade for exports and imports. For more detail on the command-basis measures, see NIPA tables 1.8.3 and 1.8.6. November 2013 S urvey of D-21 C u r r e n t B u s in e s s Table 1.17.5. Gross Domestic Product, Gross Domestic Income, and Other Major NIPA Aggregates [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III 2013 IV I II III Production in the United States: Gross domestic product.............................................................................................................. Gross domestic income.............................................................................................................. Net domestic product1............................................................................................................... Net domestic income 1................................................................................................................ 1 ? 3 4 15,533.8 15,587.5 13,081.3 13,134.9 16,244.6 16,261.6 13,701.7 13.718.8 16,356.0 16,269.6 13,800.9 13.714.5 16,420.3 16,522.0 13,845.3 13,947.0 16,535.3 16,690.9 13,931.5 14,087.1 16,661.0 16,823.5 14,029.1 14,191.7 5 7 8 15.794.6 15,848.3 13,342.0 13.395.7 16.497.4 16.514.5 13.954.6 13.971.6 16,603.7 16,517.2 14.048.5 13,962.1 16,677.3 16,779.1 14,102.3 14,204.0 16,772.7 16.928.3 14,168.9 14,324.5 16,907.9 17 0704 14.276.0 14,438.5 9 10 16,102.6 16,066.2 16.791.8 16,725.7 16,880.4 16,798.8 16,936.1 16,923.1 17.058.4 16,995.0 17.170.0 17,092.8 17,350.8 17,240.4 11 11,787.4 12,245.8 12,205.1 12,520.4 12,296.9 12,400.1 12,538.2 16,857.6 14,201.4 Production by labor and capital supplied by U.S. residents: Gross national product................................................................................................................ Gross national income................................................................................................................ Net national product1................................................................................................................. National income 2....................................................................................................................... fi Final expenditures by U.S. residents: Gross domestic purchases......................................................................................................... Final sales to domestic purchasers 3........................................................................................... After-tax income received by the personal sector: Disposable personal income....................................................................................................... 1. In this table, net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital. 2. Equals gross national income less the depreciation of fixed assets as measured by the consumption of fixed capital. 3. Equals gross domestic purchases less change in private inventories. Table 1.17.6. Real Gross Domestic Product, Real Gross Domestic Income, and Other Major NIPA Aggregates, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III 2013 IV I II III Production in the United States: Gross domestic product.............................................................................................................. Gross domestic income.............................................................................................................. Net domestic product1 Net domestic income 1 1 2 3 4 15,052.4 15,104.3 12,639.8 12,691.6 15,470.7 15,487.0 13,015.8 13,032.0 15,534.0 15,451.9 13,073.6 12,991.7 15,539.6 15,636.0 13,067.9 13,163.9 15,583.9 15,730.6 13,099.9 13,246.2 15,679.7 15,832.6 13,183.0 13,335.8 5 6 7 15,286.7 15,338.7 12,873.9 15,693.1 15,709.2 13,238.0 15,751.1 15,669.1 13,290.5 15,764.8 15,861.0 13,292.9 15,789.7 15,936.3 13,305.5 15,893.9 16,046.6 13,397.1 8 9 15,501.1 15,463.4 15,902.3 15,835.2 15,971.4 15,882.8 15,950.8 15,939.7 16,005.8 15,958.6 16,104.1 16,041.0 16,202.5 16,107.4 10 11 12 13 14,953.0 12,542.5 15,204.1 12,792.5 15,383.2 12,929.9 15,622.7 13,168.5 15,467.9 13,008.9 15,702.1 13,242.3 15,469.0 12,998.9 15,711.1 13,240.2 15,531.0 13,048.2 15,754.0 13,270.6 15,640.3 13,144.4 15,872.0 13,375.7 15,755.6 13,247.3 14 11,324.6 11,551.6 11,493.6 11,743.0 11,502.4 11,602.4 11,675.4 15,790.1 13,281.0 Production by labor and capital supplied by U.S. residents: Gross national product................................................................................................................ Gross national income................................................................................................................ Net national product1 Final expenditures by U.S. residents: Gross domestic purchases......................................................................................................... Final sales to domestic purchasers 2........................................................................................... Purchasing power of income:3........................................................................................................... Command-basis gross domestic product Command-basis net domestic product1 Command-basis gross national product Command-basis net national product1 After-tax income received by the personal sector: Disposable personal income....................................................................................................... 1. In this table, net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital. 2. Gross domestic purchases excluding change in private inventories. 3. The command-basis estimates (lines 10-13) measure the purchasing power of the income generated by the sale of goods and services produced; they reflect gains or losses in real income resulting from changes in the terms of trade for exports and imports. For more detail on the command-basis estimates, see NIPA tables 1.8.3 and 1.8.6. National Data -22 November 2013 Personal Income and Outlays Table 2.1. Personal Income and Its Disposition [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Personal income............................................................................................................................. Compensation of employees.................................................................................................... Wages and salaries.............................................................................................................. Private industries.............. Government...................... Supplements to wages and salaries Employer contributions for employee pension and insurance funds 1.............................. Employer contributions for government social insurance................................................. Proprietors' income with inventory valuation and capital consumption adjustments................. Farm.................................................................................................................................... Nonfarm.............................................................................................................................. Rental income of persons with capital consumption adjustment.............................................. Personal income receipts on assets............................. Personal interest income.......................................... Personal dividend income....................................... Personal current transfer receipts................................ Government social benefits to persons.................... Social security 2................................................... Medicare 3....................................................................................................................... Medicaid................ Unemployment insurance................................................................................................ Veterans’ benefits... Other............................................................................................................................... Other current transfer receipts, from business (net)............................................................. Less: Contributions for government social insurance, domestic.............................................. Less: Personal current taxes....................................................................................................... Equals: Disposable personal income......................................................................................... Less: Personal outlays................................................................................................................. Personal consumption expenditures........................................................................................ Personal interest payments 4.... Personal current transfer payments......................................................................................... To government...................... To the rest of the world (net) Equals: Personal saving................................................................................................................ Personal saving as a percentage of disposable personal income...................................... Addenda: Personal income excluding current transfer receipts, billions of chained (2009) dollars 5 Disposable personal income: 2013 IV I II III 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 13,191.3 13,743.8 13,701.6 14,073.1 13,925.9 14,065.0 14,197.7 8,278.5 6,638.7 5,444.3 1,194.4 1,639.8 1,145.4 494.4 1,155.1 72.6 1,082.6 484.4 1,884.6 1,204.1 680.5 2,306.9 2,260.3 713.3 537.0 405.5 107.6 63.3 433.7 46.7 918.2 8,611.6 6,926.8 5,729.4 1,197.3 1,684.9 1,170.6 514.3 1,224.9 75.4 1,149.6 541.2 1,958.5 1,211.6 746.9 2,358.3 2,316.8 762.2 560.8 417.1 84.2 70.2 422.5 41.4 950.7 8,591.0 6,904.7 5,709.7 1,195.1 1,686.2 1,174.1 512.2 1,220.0 75.3 1,144.7 546.7 1,926.9 1,203.7 723.2 2,364.4 2,323.8 764.8 564.0 421.5 78.7 71.3 423.5 40.6 947.4 8,787.4 7,086.6 5,887.2 1,199.3 1,700.9 1,176.8 524.0 1,247.5 74.5 1,173.0 555.4 2,062.8 1,218.4 844.3 2,388.0 2,347.9 770.2 577.2 425.1 75.3 73.3 426.8 40.1 967.9 8,748.3 7,040.4 5,844.5 1,195.8 1,707.9 1,182.1 525.8 1,334.6 137.0 1,197.6 574.9 1,935.8 1,215.8 720.0 2,426.0 2,382.0 789.8 589.3 423.7 73.9 76.8 428.6 44.0 1,093.7 8,811.2 7,095.0 5,900.9 1,194.1 1,716.2 1,187.6 528.6 1,341.5 129.0 1,212.5 587.7 1,994.0 1,225.6 768.4 2,430.9 2,386.5 794.9 586.3 426.1 68.5 80.0 430.8 44.4 1,100.3 8,858.9 7,135.5 5,945.1 1,190.4 1,723.5 1,193.0 530.5 1,358.2 131.5 1,226.7 600.2 2,028.1 1,231.8 796.3 2,457.6 2,412.7 802.6 596.5 437.9 62.2 81.6 431.9 44.9 1,105.3 26 1,404.0 11,787.4 11,119.1 1,498.0 12,245.8 11,558.4 1,496.4 12,205.1 11,601.0 1,552.8 12,520.4 11,696.2 1,629.0 12,296.9 11,794.9 1,664.8 12,400.1 11,837.0 1,659.5 12,538.2 11,946.0 10,711.8 248.0 159.4 85.3 74.1 11,149.6 248.4 160.4 88.5 71.9 11,193.6 250.7 156.7 88.8 67.9 11,285.5 247.3 163.4 89.0 74.4 11,379.2 250.4 165.3 89.4 75.9 11,427.1 244.3 165.6 89.9 75.7 11,525.4 255.1 165.6 90.7 74.9 35 668.2 5.7 687.4 5.6 604.1 4.9 824.1 6.6 502.0 4.1 563.2 4.5 592.2 4.7 27 28 29 30 31 32 33 34 36 10,457.1 10,740.1 10,676.2 10,959.6 10,756.9 10,885.6 10,932.2 Total, billions of chained (2009) dollars 6............................................................................. Per capita: Current dollars................................................................................................................. Chained (2009) dollars..................................................................................................... Population (midperiod, thousands).......................................................................................... Percent change from preceding period: 3/ 11,324.6 11,551.6 11,493.6 11,743.0 11,502.4 11,602.4 11,675.4 38 39 40 37,776 36,293 312,036 38,965 36,756 314,278 38,800 36,538 314,564 39,727 37,260 315,162 38,955 36,438 315,671 39,215 36,692 316,206 39,576 36,853 316,810 Disposable personal income, current dollars................................................................... Disposable personal income, chained (2009) dollars....................................................... 41 42 4.8 2.4 3.9 2.0 1.1 -0.6 10.7 9.0 -7.0 -7.9 3.4 3.5 4.5 2.5 1. Includes actual employer contributions and actuarially imputed employer contributions to reflect benefits accrued by defined benefit pension plan participants through service to employers in the current period. 2. Social security benefits include old-age, survivors, and disability insurance benefits that are distributed from the federal old-age and survivors insurance trust fund and the disability insurance trust fund. 3. Medicare benefits include hospital and supplementary medical insurance benefits that are distributed from the federal hospital insurance trust fund and the supplementary medical insurance trust fund. 4. Consists of nonmortgage interest paid by households. 5. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures. Table 2.2B. Wages and Salaries by Industry [Billions of dollars] Seasonally adjusted at annual rates Line Wages and salaries............................................................................................................... Private industries........................................................................................................................... 1 Goods-producing industries Manufacturing........... Services-producing industries.................................................................................................. Trade, transportation, and utilities........................................................................................ Other services-producing industries 1................................................................................. 2 3 4 5 6 7 Government.................................................................................................................................... 8 2011 2012 2012 2013 III IV I II III 6,638.7 5,444.3 6,926.8 5,729.4 6,904.7 5,709.7 7,086.6 5,887.2 7,040.4 5,844.5 7,095.0 5,900.9 7,135.5 5,945.1 1,102.1 707.1 4,342.2 1,046.2 3,296.0 1,154.0 735.4 4,575.4 1,093.7 3,481.7 1,146.7 732.3 4,563.0 1,090.0 3,473.0 1,167.0 740.5 4,720.3 1,114.2 3,606.1 1,173.8 742.1 4,670.7 1,115.2 3,555.5 1,185.4 748.4 4,715.5 1,124.5 3,591.1 1,194.4 751.9 4,750.7 1,132.6 3,618.1 1,194.4 1,197.3 1,195.1 1,199.3 1,195.8 1,194.1 1,190.4 1. Other services-producing industries consists of information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises, administrative and support and waste management and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services. N ote. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS). November 2013 D-23 S u r v e y o f C u r r e n t B u s in e s s 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 2012 2011 2012 Personal consumption expenditures (PCE)................................................................ Goods........................................................................................................................................ Durable goods................................................ Motor vehicles and parts............................ Furnishings and durable household equipment Recreational goods and vehicles............... Other durable goods..................................................................................................... Nondurable goods............................................................................................................. Food and beverages purchased for off-premises consumption...................................... Clothing and footwear................................................................................................... Gasoline and other energy goods.................................................................................. Other nondurable goods................................................................................................ Services.................................................................................................................................... Household consumption expenditures (for services)......................................................... Housing and utilities...................................................................................................... Health care.............. Transportation services Recreation services. Food services and accommodations............................................................................. Financial services and insurance................................................................................... Other services............................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2........................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................. 2013 IV III I II III 2 3 4 5 6 7 8 9 10 11 12 2.5 3.4 2.2 3.3 1.7 3.7 1.7 3.7 2.3 3.7 1.8 3.1 1.5 4.3 6.6 4.9 5.5 10.0 5.3 1.9 1.6 3.8 -2.5 3.4 7.7 7.2 6.1 10.9 5.7 1.4 1.3 1.2 -1.4 2.7 8.3 8.3 5.6 11.5 6.9 1.6 1.6 5.2 -3.3 2.4 10.5 14.3 4.4 10.7 11.5 0.6 0.9 -1.8 -5.3 4.2 5.8 5.2 4.1 8.1 5.8 2.7 2.0 1.8 4.5 3.0 6.2 -0.9 9.0 11.7 8.6 1.6 -1.1 5.9 -0.9 3.7 7.8 6.5 12.0 11.5 -0.8 2.7 2.7 -3.4 -1.2 6.7 13 14 15 16 17 18 19 20 21 22 23 24 2.1 1.6 0.7 0.6 1.5 1.2 0.1 2.2 1.3 2.7 2.5 2.1 4.0 3.0 1.5 0.2 1.3 1.6 1.5 0.8 2.7 1.3 1.4 3.6 -1.3 1.7 5.3 2.9 2.2 0.6 1.3 2.3 1.0 1.1 1.3 -6.7 1.5 3.4 4.3 4.5 0.3 -2.7 2.3 -0.2 -1.7 6.5 -0.2 0.2 9.0 1.2 -1.3 2.4 4.7 1.3 2.9 2.4 2.5 5.5 -2.8 -18.1 -3.0 2.4 1.4 0.1 3.6 0.1 -0.9 0.8 4.0 -0.4 -3.9 3.4 5.7 0.0 -2.3 0.9 1.0 2.1 0.6 0.3 1.4 2.2 0.7 0.3 25 26 27 28 3.0 -2.3 2.7 3.1 2.5 -1.8 2.4 2.8 1.8 0.5 2.1 2.2 2.7 -12.2 2.0 3.2 1.3 18.6 2.7 1.7 2.3 -1.3 1.8 2.4 2.1 -9.0 1.3 1.9 1 Addenda: PCE excluding food and energy4...................................................................................... Energy goods and services 5... Market-based PCE 6.............. Market-based PCE excluding food and energy6............................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas 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 2012 2011 Percent change at annual rate: Personal consumption expenditures (PCE)................................................................ Percentage points at annual rates: Goods....................................................................................................................................... Durable goods................................................................................................................... Motor vehicles and parts........................... Furnishings and durable household equipment Recreational goods and vehicles............... Other durable goods................................. Nondurable goods............................................................................................................. Food and beverages purchased for off-premises consumption...................................... Clothing and footwear................................................................................................... Gasoline and other energy goods.................................................................................. Other nondurable goods................................................................................................ Services.................................................................................................................................... Household consumption expenditures (for services)......................................................... Housing and utilities....................... Health care.................................... Transportation services.................. Recreation services....................... Food services and accommodations............................................................................. Financial services and insurance................................................................................... Other services............................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2........................................................................... Less: Receipts from sales of goods and services by nonprofit institutions3.................. 2013 2012 III 2.2 I IV 1.7 1.7 III II 2.3 1.8 1.5 1 2.5 2 3 4 5 6 7 8 9 10 11 12 1.12 1.12 1.23 1.24 1.24 1.04 1.44 0.68 0.17 0.13 0.29 0.09 0.44 0.12 0.12 -0.09 0.28 0.81 0.25 0.15 0.31 0.10 0.31 0.10 0.04 -0.05 0.23 0.86 0.28 0.14 0.33 0.12 0.36 0.13 0.16 -0.12 0.20 1.09 0.49 0.11 0.31 0.19 0.15 0.07 -0.06 -0.21 0.34 0.62 0.19 0.10 0.24 0.10 0.62 0.15 0.06 0.16 0.25 0.66 -0.03 0.21 0.33 0.15 0.37 -0.08 0.18 -0.03 0.31 0.84 0.24 0.28 0.33 -0.01 0.60 0.21 -0.11 -0.04 0.55 13 14 1b 16 17 18 19 20 21 22 23 24 1.43 1.08 0.47 0.43 1.01 0.78 0.08 1.42 0.24 0.44 0.07 0.08 0.24 0.22 0.13 0.01 0.14 0.13 0.94 0.14 0.44 0.04 0.05 0.22 -0.10 0.15 0.14 0.31 0.18 0.37 0.23 0.37 0.03 0.04 0.08 -0.51 0.13 0.09 0.45 0.36 0.20 -0.50 0.38 -0.01 -0.06 0.40 -0.01 0.02 0.23 0.13 -0.10 1.53 0.84 0.21 0.08 0.09 0.16 0.39 -0.25 -0.51 -0.32 0.19 0.87 0.01 0.58 0.00 -0.03 0.05 0.29 -0.03 -0.10 0.36 0.45 0.02 -0.41 0.15 0.03 0.08 0.04 0.03 0.12 0.06 0.08 0.02 25 26 27 28 2.55 -0.13 2.35 2.35 2.20 -0.10 2.10 2.10 1.54 0.03 1.81 1.65 2.34 -0.73 1.74 2.40 1.14 0.96 2.39 1.27 1.97 -0.07 1.62 1.78 1.83 -0.52 1.13 1.44 Addenda: PCE excluding food and energy4...................................................................................... Energy goods and services 5........................ Market-based PCE 6.......................................................................................................... Market-based PCE excluding food and energy6............................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas 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. National Data D-24 November 2013 Table 2.3.3. Real Personal Consumption Expenditures by Major Type of Product, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 Personal consumption expenditures (PCE)................................................................ Goods........................................................................................................................................ Durable goods.................................................................................................................... Motor vehicles and parts................................................................................................ Furnishings and durable household equipment............................................................. Recreational goods and vehicles................................................................................... Other durable goods...................................................................................................... Nondurable goods.............................................................................................................. Food and beverages purchased for off-premises consumption...................................... Clothing and footwear.................................................................................................... Gasoline and other energy goods.................................................................................. Other nondurable goods................................................................................................ Services.............................. Household consumption expenditures (for services)......................................................... Housing and utilities....................................................................................................... Health care.................. Transportation services Recreation services.... Food services and accommodations............................................................................. Financial services and insurance................................................................................... Other services................................................................................................................ Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2........................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................. 2013 IV III I II III 104.555 106.925 106.854 110.495 107.092 110.888 107.537 111.904 108.138 112.928 108.625 113.793 109.036 115.006 113.074 107.048 112.959 121.966 109.798 104.177 103.750 109.283 96.739 105.822 121.833 114.798 119.833 135.248 116.098 105.594 105.120 110.562 95.419 108.709 122.484 114.634 120.391 136.980 116.971 105.877 105.426 111.107 95.770 108.833 125.591 118.531 121.704 140.495 120.206 106.047 105.659 110.615 94.468 109.948 127.379 120.031 122.936 143.248 121.912 106.762 106.184 111.098 95.510 110.762 129.309 119.764 125.617 147.254 124.439 107.197 105.891 112.709 95.301 111.772 131.774 121.673 129.224 151.312 124.180 107.906 106.607 111.743 95.020 113.588 13 14 15 16 17 18 19 20 21 22 23 24 103.411 105.090 105.252 105.421 105.818 106.125 106.155 103.510 102.521 104.050 101.593 103.403 105.614 105.148 102.469 101.044 102.555 103.059 105.039 103.328 106.820 102.863 104.889 109.403 103.764 104.208 106.380 105.550 105.299 105.175 103.959 106.988 103.134 105.165 109.305 102.665 104.350 107.182 106.107 105.774 105.256 103.239 107.592 103.070 104.714 111.036 102.607 104.397 109.528 106.415 105.438 105.884 104.438 107.932 103.820 105.333 111.713 103.983 103.650 104.186 105.610 106.058 106.244 104.455 108.882 103.841 105.084 111.925 105.004 103.551 103.168 106.491 107.539 106.251 103.860 109.120 104.100 105.619 112.097 105.091 103.915 103.734 106.681 107.608 25 26 27 28 105.024 98.599 104.714 105.282 107.701 96.830 107.193 108.234 107.820 98.623 107.482 108.395 108.544 95.462 108.008 109.259 108.896 99.617 108.731 109.715 109.512 99.284 109.224 110.359 110.086 96.961 109.571 110.882 1 2 3 4 5 6 7 8 9 10 11 12 Addenda: PCE excluding food and energy4...................................................................................... Energy goods and services 6 Market-based PCE 6....... Market-based PCE excluding food and energy 6............................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas services. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. Table 2.3.4. Price Indexes for Personal Consumption Expenditures by Major Type of Product [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III Personal consumption expenditures (PCE)................................................................ Goods........................................................................................................................................ Durable goods.................................................................................................................... Motor vehicles and parts................................................................................................ Furnishings and durable household equipment..................... Recreational goods and vehicles.......................................... Other durable goods............................................................. Nondurable goods..................................................................... Food and beverages purchased for off-premises consumption..................................... Clothing and footwear........................................................... Gasoline and other energy goods......................................... Other nondurable goods................................................................................................ Services.................................................................................................................................... Household consumption expenditures (for services)......................................................... Housing and utilities....................................................................................................... Health care......................................... Transportation services....................... Recreation services............................ Food services and accommodations... Financial services and insurance........ Other services................................................................................................................ Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2........................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................. 1 2 3 4 5 6 7 8 9 10 11 12 2013 IV I II III 104.086 105.345 106.009 106.666 106.193 106.718 106.622 106.900 106.909 106.641 106.878 105.740 107.391 106.325 97.649 108.645 94.247 86.679 103.601 109.128 104.276 101.000 148.588 103.599 96.467 110.375 93.972 81.424 104.174 111.765 106.657 104.651 153.621 105.312 96.246 110.555 93.910 80.729 103.966 111.964 106.682 104.850 153.961 105.622 95.746 110.460 93.454 79.611 103.999 112.522 107.163 105.405 156.856 105.535 95.487 110.707 93.438 78.621 104.015 112.264 107.503 105.729 153.941 105.316 95.016 111.048 92.770 77.390 104.011 111.126 107.647 105.019 144.463 105.372 94.458 111.135 91.402 76.407 104.482 112.359 107.969 106.244 151.486 105.698 13 14 15 16 17 18 19 20 21 22 23 24 103.463 105.689 105.939 106.493 107.060 107.477 107.954 103.628 101.683 104.399 104.730 102.808 103.887 105.966 104.250 99.642 103.784 105.211 105.980 103.616 106.286 106.750 105.622 106.842 110.057 106.415 98.932 105.479 107.736 106.259 103.789 106.596 106.744 106.022 107.197 110.786 106.480 98.532 105.686 108.155 106.809 104.507 106.946 107.100 106.421 107.601 111.701 106.996 99.156 106.234 108.676 107.422 105.162 107.560 107.780 106.904 108.194 111.682 108.083 98.674 106.816 109.630 107.747 105.996 107.392 107.295 107.016 109.074 111.508 108.625 101.281 107.447 109.598 108.218 106.500 107.805 108.276 107.654 109.437 112.224 108.774 101.886 107.964 110.086 25 26 27 28 102.743 127.427 104.034 102.480 104.632 129.209 105.920 104.320 104.849 129.013 106.101 104.538 105.187 131.090 106.460 104.783 105.542 129.969 106.800 105.210 105.711 125.900 106.721 105.351 106.083 129.431 107.258 105.730 Addenda: PCE excluding food and energy4...................................................................................... Energy goods and services 5 Market-based PCE 6....... Market-based PCE excluding food and energy6............................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. November 2013 D-25 S u r v e y o f C u r r e n t B u s in e s s Table 2.3.5. Personal Consumption Expenditures by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 Personal consumption expenditures (PCE)................................................................ Goods........................................................................................................................................ Durable goods............................................... Motor vehicles and parts........................... Furnishings and durable household equipment............................................................. Recreational goods and vehicles.............. Other durable goods..................................................................................................... Nondurable goods............................................................................................................. Food and beverages purchased for off-premises consumption..................................... Clothing and footwear................................................................................................... Gasoline and other energy goods.................................................................................. Other nondurable goods............................................................................................... Services................................................................................................................................... Household consumption expenditures (for services)......................................................... Housing and utilities...................................................................................................... Health care............. Transportation services Recreation services...................................................................................................... Food services and accommodations............................................................................. Financial services ana insurance................................................................................... Other services............................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2........................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................. 2013 IV III I II III 10,711.8 3,602.7 11,149.6 3,769.7 11,193.6 3,784.9 11,285.5 3,826.1 11,379.2 3,851.8 11,427.1 3,848.5 11,525.4 3,911.0 1,129.9 368.7 260.1 321.1 179.9 2,472.8 833.0 338.3 408.9 892.6 1,202.7 401.7 275.1 334.5 191.3 2,567.0 863.3 354.6 417.0 932.1 1,206.5 401.8 276.2 336.1 192.4 2,578.4 866.0 357.1 419.5 935.9 1,230.7 415.1 277.9 339.9 197.8 2,595.4 871.8 357.4 421.6 944.7 1,244.8 421.3 280.7 342.3 200.6 2,607.0 878.9 360.0 418.3 949.7 1,257.5 421.7 284.7 346.3 204.7 2,591.0 877.6 362.8 391.7 958.9 1,273.9 428.7 288.6 351.4 205.2 2,637.1 886.2 363.9 409.5 977.5 13 14 15 16 17 18 19 20 21 22 23 24 7,109.1 7,379.9 7,408.7 7,459.4 7,527.4 7,578.6 7,614.4 6,831.2 1,960.9 1,767.8 308.2 399.7 658.7 801.1 934.8 277.9 1,141.6 863.7 7,089.4 2,013.9 1,847.6 318.1 416.6 701.7 821.0 970.4 290.5 1,194.1 903.6 7,117.2 2,029.5 1,855.9 318.9 419.2 703.4 817.9 972.4 291.5 1,202.7 911.2 7,159.6 2,029.4 1,872.5 319.8 419.0 717.2 824.2 977.5 299.8 1,212.5 912.7 7,243.6 2,065.8 1,889.2 324.2 423.4 725.6 835.1 980.4 283.8 1,209.9 926.1 7,290.2 2,082.6 1,902.9 322.8 422.8 732.9 842.0 984.4 288.4 1,227.2 938.8 7,322.6 2,080.5 1,914.4 326.5 427.5 736.4 848.1 989.2 291.7 1,235.3 943.6 25 26 27 28 9,251.1 627.7 9,483.6 8,023.2 9,661.2 625.1 9,884.1 8,396.3 9,691.9 635.8 9,927.5 8,426.3 9,788.4 625.3 10,009.8 8,513.2 9,853.3 647.0 10,109.1 8,583.7 9,924.9 624.6 10,147.4 8,645.6 10,012.0 627.1 10,230.8 8,717.8 1 2 3 4 5 6 7 8 9 10 11 12 Addenda: PCE excluding food and energy4...................................................................................... Energy goods and services 5.. Market-based PCE 6......................................................................................................... Market-based PCE excluding food and energy 6............................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. Table 2.3.6. Real Personal Consumption Expenditures by Major Type of Product, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 10,291.3 3,419.9 10,517.6 3,534.1 10,541.0 3,546.7 10,584.8 3,579.2 10,644.0 3,611.9 10,691.9 3,639.6 10,732.3 3,678.4 1,157.1 339.4 276.0 370.5 173.7 2,266.0 798.8 335.0 275.2 861.6 1,246.7 364.0 292.8 410.9 183.6 2,296.8 809.4 338.9 271.5 885.1 1,253.4 363.5 294.1 416.1 185.0 2,303.0 811.7 340.5 272.5 886.1 1,285.2 375.8 297.3 426.8 190.1 2,306.7 813.5 339.0 268.8 895.2 1,303.5 380.6 300.3 435.2 192.8 2,322.2 817.6 340.5 271.7 901.8 1,323.2 379.7 306.9 447.3 196.8 2,331.7 815.3 345.5 271.1 910.0 1,348.5 385.8 315.7 459.6 196.4 2,347.1 820.8 342.5 270.3 924.8 III Personal consumption expenditures (PCE)................................................................ Goods....................................................................................................................................... Durable goods................................................................................................................... Motor vehicles and parts................................................................................................ Furnishings and durable household equipment............................................................. Recreational goods and vehicles.............. Other durable goods................................ Nondurable goods........................................ Food and beverages purchased for off-premises consumption..................................... Clothing and footwear................................................................................................... Gasoline and other energy goods.................................................................................. Other nondurable goods................................................................................................ Services................................................................................................................................... Household consumption expenditures (for services)......................................................... Housing and utilities................................. Health care............................................... Transportation services............................. Recreation services................................. Food services and accommodations........ Financial services and insurance.............. Other services............................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2........................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................. Residual................................................................................................................................ 1 2 3 4 5 6 7 8 9 10 11 12 2013 IV I II III 13 14 15 16 17 18 19 20 21 22 23 24 25 6,871.1 6,982.7 6,993.4 7,004.7 7,031.1 7,051.5 7,053.4 6,592.0 1,928.4 1,693.3 294.3 388.8 634.0 756.0 896.7 278.9 1,100.0 820.9 -9.5 6,689.4 1,943.6 1,738.4 298.0 394.4 656.8 746.0 911.9 293.6 1,132.1 838.8 -21.0 6,698.0 1,955.5 1,741.1 298.8 395.4 656.2 738.1 913.2 295.8 1,138.1 842.5 -22.4 6,703.2 1,941.9 1,750.9 298.6 393.7 666.6 737.7 913.6 302.3 1,141.4 839.9 -26.2 6,743.2 1,964.5 1,756.5 300.8 396.1 670.7 747.6 907.1 287.6 1,132.7 844.8 -27.7 6,766.1 1,964.8 1,771.9 300.8 395.1 671.9 754.9 906.2 284.8 1,142.2 856.6 -31.9 6,766.6 1,953.6 1,775.8 301.6 397.1 673.0 755.6 909.4 286.3 1,144.2 857.2 -36.7 26 27 28 29 9,004.1 492.6 9,115.8 7,829.1 9,233.5 483.8 9,331.7 8,048.6 9,243.7 492.8 9,356.9 8,060.6 9,305.9 477.0 9,402.6 8,124.8 9,336.0 497.7 9,465.6 8,158.8 9,388.8 496.1 9,508.5 8,206.6 9,438.0 484.4 9,538.7 8,245.5 Addenda: PCE excluding food and energy 4...................................................................................... Energy goods and services 5............................................................................................. Market-based PCE 6......................................................................................................... Market-based PCE excluding food and energy6............................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. D-26 National Data November 2013 Table 2.3.7. Percent Change from Preceding Period in Prices for Personal Consumption Expenditures by Major Type of Product Seasonally adjusted at annual rates Line 2012 2011 2012 III Personal consumption expenditures (PCE)................................................................ Goods........................................................................................................................................ Durable goods.................................................................................................................... Motor vehicles and parts................................. Furnishings and durable household equipment Recreational goods and vehicles.................... Other durable goods...................................... Nondurable goods.............................................. Food and beverages purchased for off-premises consumption...................................... Clothing and footwear.................................... Gasoline and other energy goods.................................................................................. Other nondurable goods................................................................................................ Services.................................................................................................................................... Household consumption expenditures (for services)......................................................... Housing and utilities....................................................................................................... Health care.................................................................................................................... Transportation services............ Recreation services................ Food services and accommodations Financial services and insurance Other services............................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs) ' Gross output of nonprofit institutions 2........................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................. 2013 IV I II III 1 2.4 1.8 1.7 1.6 1.1 -0.1 2 3 4 5 6 7 8 9 10 11 12 3.6 -1.0 2.8 -1.6 -6.7 3.2 5.9 4.0 1.7 25.8 1.6 1.3 -1.2 1.6 -0.3 -6.1 0.6 2.4 2.3 3.6 3.4 1.7 1.3 -2.2 -0.7 -1.2 -6.1 0.1 3.0 0.7 0.5 13.2 1.9 0.7 -2.1 -0.3 -1.9 -5.4 0.1 2.0 1.8 2.1 7.7 -0.3 -1.0 -1.1 0.9 -0.1 -4.9 0.1 -0.9 1.3 1.2 -7.2 -0.8 -3.3 -2.0 1.2 -2.8 -6.1 0.0 -4.0 0.5 -2.7 -22.4 0.2 1.9 2.2 -2.3 0.3 -5.8 -5.0 1.8 4.5 1.2 4.7 20.9 1.2 13 14 15 16 17 18 19 20 21 22 23 24 1.8 1.8 1.4 1.8 2.7 1.7 2.5 1.9 1.8 0.7 1.9 2.3 2.2 2.3 1.9 1.8 1.9 2.7 2.8 3.9 2.1 -0.7 1.6 2.4 1.9 2.0 1.8 2.1 0.0 2.8 1.7 5.4 0.1 -2.0 1.6 2.8 2.1 2.1 2.8 1.3 1.3 1.5 1.5 3.3 2.0 2.6 2.1 1.9 2.1 2.3 2.5 2.3 2.6 1.8 2.2 -0.1 4.1 -1.9 2.2 3.6 1.6 1.2 3.2 -0.6 -1.8 0.4 3.3 -0.6 2.0 11.0 2.4 -0.1 1.8 1.8 1.9 1.5 3.7 2.4 1.3 2.6 0.5 2.4 1.9 1.8 25 26 27 28 1.4 15.8 2.5 1.4 1.8 1.4 1.8 1.8 1.4 7.4 1.6 1.3 1.3 6.6 1.4 0.9 1.4 -3.4 1.3 1.6 0.6 -11.9 -0.3 0.5 1.4 11.7 2.0 1.4 Addenda: PCE excluding food and energy4...................................................................................... Energy goods and services 5............................................................................................. Market-based PCE 6.......................................................................................................... Market-based PCE excluding food and energy 6............................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. November 2013 S urvey of D-27 C u r r e n t B u s in e s s 3. G o vern m en t C u rren t R eceipts and E xpenditures Table 3.1. Government Current Receipts and Expenditures [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 III IV 4.248.5 4,320.3 4.547.3 4,825.0 2,862.4 3.041.2 1,404.0 Personal current 1,498.0 taxes 1,097.1 1,122.9 345.0 402.4 16.3 17.8 922.6 955.3 137.4 131.4 116.4 107.9 21.0 23.4 175.4 159.1 90.1 70.6 85.3 88.5 -27.7 -23.8 3.039.5 1,496.4 1,118.8 407.2 17.1 952.0 130.5 107.0 23.5 155.0 66.2 88.8 -28.5 3,098.2 1,552.8 1,126.3 399.2 19.9 972.6 132.6 109.3 23.3 148.7 59.7 89.0 -31.8 3.164.4 1,629.0 1,140.7 375.4 19.2 1,099.0 154.3 110.5 43.8 165.1 75.7 89.4 -35.5 3.207.8 1.664.8 1,138.8 384.7 19.4 1,105.6 380.6 111.7 268.9 170.0 80.1 89.9 -39.0 5,535.4 5,621.6 5,627.9 5,653.0 5,630.1 5,682.7 5,698.0 2,526.1 2,333.9 2,277.4 2,260.3 17.1 56.5 615.5 518.0 97.5 60.0 2,548.0 2,384.7 2,334.8 2,316.8 18.0 49.9 631.6 538.6 93.0 57.3 2,572.9 2,394.2 2,341.9 2,323.8 18.1 52.3 604.8 512.1 92.7 56.0 2,538.1 2,406.9 2,366.1 2,347.9 18.1 40.9 650.2 557.8 92.4 57.7 2,525.3 2,448.1 2,400.4 2,382.0 18.4 47.6 598.8 505.2 93.6 58.0 2,517.5 2,457.3 2,404.9 2,386.5 18.4 52.4 649.0 556.4 92.6 58.9 2,523.2 2,484.0 2,431.4 2,412.7 18.6 52.6 631.8 26 27 ?R -1,461.3 -1,362.3 -1,379.4 -1,332.7 -1,082.9 -857.7 -267.6 -1,193.7 -289.9 -1,072.4 -295.8 -1,083.6 -290.6 -1,042.1 -311.8 -771.1 -303.9 -553.8 ?9 in 31 4,088.6 4,280.9 4,268.2 4,351.9 4,569.9 4,848.3 4,074.1 14.5 4,259.2 21.7 4,248.5 19.6 4,320.3 31.6 4,547.3 22.6 4,825.0 23.3 25.4 5,753.5 5,788.0 5,782.4 5,831.4 5,754.8 5,805.6 5,824.0 Current expenditures Gross government investment Capital transfer payments............................................................................................ Net purchases of nonproduced assets........................................................................ Less: Consumption of fixed capital.............................................................................. 32 33 34 35 36 37 5,535.4 632.6 54.4 9.2 478.1 5,621.6 619.0 32.2 8.9 493.6 5,627.9 620.6 20.4 8.8 495.3 5,653.0 612.5 54.6 8.7 497.4 5,630.1 598.8 17.2 9.2 500.5 5,682.7 604.4 13.0 8.8 503.4 5,698.0 612.4 11.7 8.2 506.4 Net lending or net borrowing (-)...................................................................................... 38 -1,664.9 -1,507.1 -1,514.3 -1,479.5 -1,184.9 -957.3 Current receipts............................................................................................................ 1 4,074.1 Current tax receipts.................... ........... Taxes on production and imports Taxes on corporate income Taxes from the rest of the world....................................................................................... Contributions for government social insurance.................................................................... Income receipts on assets.................................................................................................. Interest and miscellaneous receipts................................................................................. Dividends........ Current transfer receipts From business (net) From persons... Current surplus of government enterprises.......................................................................... 7 3 4 5 6 7 8 9 10 11 12 13 14 Current expenditures Consumption expenditures Current transfer payments Government social benefits To persons.... To the rest of the world................................................................................................ Other current transfer payments to the rest of the world (net)......................................... Interest payments................................................................................................................ To persons and business................................................................................................. To the rest of the world.................................................................................................... Subsidies........................ Net government saving Social insurance funds.... 15 16 17 18 19 20 21 22 24 25 4.259.2 I II III 1,659.5 1,144.0 19.8 1,110.6 175.2 113.5 61.7 165.3 74.6 90.7 -41.5 59.1 -312.2 Addenda: Capital transfer receipts Total expenditures..... D-28 National Data November 2013 Table 3.2. Federal Government Current Receipts and Expenditures Table 3.3. State and Local Government Current Receipts and Expenditures [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates 2012 III IV I II 1 2 3 2,516.7 2.663.0 2.656.6 2,709.0 2,900.1 3,159.9 1,496.1 1,077.0 1.636.0 1,149.2 1.638.6 1,147.2 1,679.8 1,194.0 1.711.0 1.252.0 1,738.5 1,271.7 1,287.1 4 5 6 108.6 76.7 31.9 118.0 84.5 33.5 118.2 84.4 33.7 118.0 83.8 34.2 118.8 83.5 35.4 118.6 84.5 34.1 120.9 86.1 34.8 7 8 9 294.2 75.4 218.8 351.0 88.4 262.6 356.1 85.5 270.6 347.9 77.8 270.0 321.0 61.9 259.1 328.7 73.9 254.8 10 16.3 17.8 17.1 19.9 19.2 19.4 19.8 11 12 13 14 15 16 17 18 904.3 57.4 28.5 18.8 10.1 66.1 45.9 20.1 937.8 52.9 22.2 21.1 9.6 49.7 28.7 21.0 934.6 52.2 21.7 21.2 9.4 45.6 24.6 21.1 955.3 53.3 22.2 20.9 10.2 38.4 17.7 20.7 1,081.7 74.1 23.3 41.4 9.3 53.9 33.5 20.4 1,088.2 299.6 23.4 266.6 9.6 57.4 37.1 20.3 1,093.1 93.4 23.6 59.3 10.4 51.1 30.7 20.4 Current receipts......... Current tax receipts............. Personal current taxes Taxes on production and imports....................... Excise taxes................ Customs duties............ Taxes on corporate income......................... Federal Reserve banks Other........................... Taxes from the rest of the world............................ Contributions for government social insurance............... Income receipts on assets.... Interest receipts............... Dividends......................... Rents and royalties.......... Current transfer receipts,, From business................. From persons.................. Current surplus of government enterprises.... Current expenditures Consumption expenditures... Current transfer payments.... Government social benefits........................ To persons................... To the rest of the world Other current transfer payments..................... Grants-in-aid to state and local governments............ To the rest of the world (net)......................... Interest payments................ To persons and business To the rest of the world Subsidies............................. Net federal government saving Social insurance funds Other.................................. Addenda: Total receipts................. Current receipts........... Capital transfer receipts Total expenditures......... Current expenditures.... Gross government investment............... Capital transfer payments................. Net purchases of nonproduced assets Less: Consumption of fixed capital............. Net lending or net borrowing (-).............. 2012 Seasonally adjusted at annual rates 2011 Line 2013 Line 2012 III Personal current taxes................. Income taxes........................... Other....................................... Taxes on production and imports Sales taxes.............................. Property taxes......................... Other....................................... Taxes on corporate income.......... Contributions for government social insurance.................................... Income receipts on assets............... Interest receipts........................... Dividends.................................... Rents and royalties...................... Current transfer receipts.................. Federal grants-in-aid.................... From business (net)..................... From persons.............................. Current surplus of government enterprises................................... Current expenditures............ 19 -7.3 -13.4 -14.4 -17.8 -20.6 -23.8 -26.0 3,764.9 3,772.7 3,775.8 3,787.5 3,753.2 3,820.1 3,825.5 1,008.7 2,274.3 1,011.7 2,283.6 1,036.1 2,293.1 993.9 2,301.7 982.3 2,327.2 976.0 2,347.1 972.9 2,371.3 23 24 25 1,745.3 1,728.2 17.1 1,790.5 1,772.5 18.0 1,793.1 1,775.0 18.1 1,812.3 1,794.2 18.1 1,848.1 1,829.7 18.4 1,849.0 1,830.6 18.4 1,862.9 1,844.3 18.6 26 529.0 493.1 500.0 489.3 479.2 498.1 508.3 27 472.5 443.2 447.7 448.4 431.5 445.7 455.7 Current receipts....................... Capital transfer receipts........... 28 29 30 31 32 56.5 422.6 325.1 97.5 59.4 49.9 420.6 327.6 93.0 56.8 52.3 391.1 298.4 92.7 55.6 40.9 434.7 342.3 92.4 57.3 47.6 386.1 292.5 93.6 57.5 52.4 52.6 438.4 422.7 345.8 92.6 58.5 .......58.6 Total expenditures..................... 33 -1,248.3 -1,109.7 -1,119.3 -1,078.5 34 -271.8 -293.9 -299.7 -294.6 -976.4 35 -815.8 -819.6 -784.0 -853.1 -660.1 -315.9 -537.1 -308.4 -351.7 ....... -317.2 ....... 36 37 38 39 40 2,526.3 2,677.1 2,671.2 2,725.1 2,917.7 3,177.8 2,516.7 9.6 2,663.0 14.1 2,656.6 14.7 2,709.0 16.1 2,900.1 17.6 3,159.9 17.8 19.6 3,926.4 3,891.9 3,886.2 3,923.4 3,843.1 3,905.3 3,915.4 3,764.9 3,772.7 3,775.8 3,787.5 3,753.2 3,820.1 3,825.5 41 295.4 284.0 286.0 281.4 272.7 276.6 278.1 42 123.4 98.7 88.7 119.6 83.4 76.2 81.1 43 -0.9 -1.4 -1.4 -1.4 -0.6 -0.8 -1.1 44 256.5 262.3 262.9 263.7 265.6 266.8 268.1 45 -1,400.1 -1,214.8 -1,215.0 -1,198.3 -925.4 -727.5 2012 III Current receipts..................... 20 21 22 2011 Consumption expenditures.............. Government social benefit payments to persons.................................... Interest payments............................ Subsidies........................................ Net state and local government saving............ Social insurance funds..................... Other............................................... Addenda: Total receipts............................... Current expenditures............... Gross government investment Capital transfer payments........ Net purchases of nonproduced assets.................................. Less: Consumption of fixed capital................................. Net lending or net borrowing (-) 2013 IV I II III 1 2,029.9 2,039.4 2,039.6 2,059.7 2,078.7 2,110.8 ? 1,366.3 1,405.2 1,400.9 1,418.4 1 453 4 1,469.3 3 327.0 349.2 348.8 358.8 377.1 393.1 372.4 4 296.1 317.3 317.7 361.0 340.2 326.9 345.5 5 32.1 32.2 30.9 31.6 31.5 31.8 31.6 6 988.5 1,004.9 1,000.6 1,008.3 1,021.9 1,020.2 1,023.1 7 463.7 474.9 473.0 488.7 477.3 490.7 488.0 8 436.9 440.0 440.4 441.4 442.8 443.6 441.9 9 87.9 90.0 87.2 89.5 89.6 89.2 90.8 10 50.7 51.4 51.1 51.3 54.5 56.0 11 12 13 14 15 16 17 18 19 18.3 80.0 66.3 2.3 11.4 581.8 472.5 44.2 65.2 17.5 78.5 64.2 2.4 11.9 552.6 443.2 41.9 67.5 17.4 78.4 64.0 2.4 12.0 557.0 447.7 41.6 67.8 17.3 79.3 64.9 2.3 12.1 558.7 448.4 42.0 68.3 17.3 80.2 65.8 2.3 12.1 542.7 431.5 42.2 69.0 17.4 80.9 66.4 2.3 12.2 558.4 445.7 43.0 69.6 17.6 81.8 67.2 2.4 12.3 569.9 455.7 43.9 70.3 20 -16.5 -14.1 -14.3 -14.0 -15.2 -15.5 -14.9 21 2,243.0 2,292.1 2,299.7 2,313.9 2,308.5 2,308.4 2,328.3 22 1,517.4 1,536.4 1,536.8 1,544.3 1,543.0 1,541.4 1,550.3 23 24 25 532.0 192.9 0.5 544.3 211.0 0.5 548.8 213.7 0.5 553.7 215.5 0.5 552.3 212.7 0.5 555.9 210.6 0.5 26 27 28 -213.1 -252.7 -260.1 -254.2 -229.8 -197.6 4.2 -217.3 3.9 -256.6 3.9 -264.0 3.9 -258.2 4.2 -234.0 4.5 -202.1 568.4 209.1 0.5 ...... 5.0 ...... 29 2,103.8 2,113.5 2,112.8 2,140.2 2,149.9 2,179.4 30 2,029.9 2,039.4 2,039.6 2,059.7 2,078.7 2,110.8 31 73.9 74.1 73.2 80.5 68.6 75.2 71.3 32 2,368.6 2,405.9 2,412.1 2,421.4 2,409.5 2,409.2 2,433.6 33 2,243.0 2,292.1 2,299.7 2,313.9 2,308.5 2,308.4 2,328.3 34 337.2 334.9 334.6 331.2 334.2 326.1 327.8 35 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ...... 36 10.1 10.2 10.2 10.1 9.8 9.6 9.4 3/ 221.7 231.4 232.4 233.7 234.9 236.6 238.2 38 -264.8 -292.4 -299.3 -281.2 -259.6 -229.8 November 2013 S urvey of D-29 C u r r e n t B u s in e s s Table 3.9.1. Percent Change From Preceding Period in Real Government Consumption Expenditures and Gross Investment Table 3.9.2. Contributions to Percent Change in Real Government Consumption Expenditures and Gross Investment [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 III Government consumption expenditures and gross investment......................... Consumption expenditures 1 Gross investment2.............. Structures........................ Equipment....................... Intellectual property products...................... Software...................... Research and development............ Seasonally adjusted at annual rates 2013 IV I II Line 2012 2012 III 2013 IV I II III Percent change at annual rate: 1 2 3 4 5 -3.2 -2.7 -5.3 -8.6 -4.1 -1.0 -0.2 -4.0 -7.0 -0.2 3.5 5.3 -3.9 -9.9 3.4 -6.5 -6.8 -5.3 -5.0 -9.9 -4.2 -2.7 -10.1 -13.1 -18.0 -0.4 -1.1 2.4 -0.7 12.6 0.2 -0.7 4.0 6.7 5.9 6 7 -0.5 4.3 -2.3 3.1 0.1 0.9 -1.9 7.8 1.1 4.8 -0.3 -6.5 -1.3 0.8 8 -1.6 -3.5 -0.1 -4.3 0.2 1.4 -1.8 Federal............................................ Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 9 10 11 12 13 14 15 -2.6 -2.3 -3.5 -10.4 -5.1 -1.0 4.2 -1.4 -0.6 -4.3 -26.8 -0.1 -2.8 2.1 8.9 11.6 -0.5 -31.3 6.5 0.0 -0.5 -13.9 -16.1 -5.5 35.4 -15.5 -2.9 7.2 -8.4 -7.0 -13.2 -56.1 -19.9 0.2 2.2 -1.6 -3.3 4.8 -7.9 15.7 -0.2 -6.7 -1.7 -2.5 1.4 -0.7 7.5 -2.2 -0.8 16 -1.9 -3.7 0.1 -4.8 -0.2 1.1 -2.4 National defense........................ Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 17 18 19 20 21 22 23 -2.3 -1.4 -5.7 -21.8 -5.3 -2.5 4.0 -3.2 -2.7 -5.3 -38.6 -1.2 -1.0 0.8 12.5 16.2 -0.8 -48.0 6.7 -2.8 -0.7 -21.6 -24.9 -7.5 111.4 -19.2 -0.5 6.0 -11.2 -9.6 -17.3 -65.7 -23.0 -1.2 2.5 -0.6 -3.2 10.2 0.6 21.0 -0.3 -8.4 -0.7 -1.8 3.9 -3.0 10.0 -2.4 -0.8 24 -3.2 -4.5 -3.0 -1.2 -1.7 0.8 -2.6 Nondefense................................ Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 25 26 27 28 29 30 31 -3.0 ^ .0 -0.1 1.5 -3.7 0.3 4.4 1.8 3.5 -3.0 -17.3 4.9 -1.9 2.7 2.8 3.8 -0.1 -19.9 5.3 2.4 -0.5 1.0 2.2 -2.6 4.9 2.6 -4.9 7.7 -3.6 -2.4 -7.2 -49.2 -5.7 1.3 2.0 -3.1 -3.4 -2.2 -12.5 -4.3 -0.2 -6.0 -3.3 -3.8 -1.8 0.6 -3.0 -1.9 -0.9 32 -0.6 -3.0 3.1 -7.9 1.1 1.4 -2.2 State and local.............................. Consumption expenditures.......... Gross investment......................... Structures................................ Equipment.............................. Intellectual property products... Software............................. Research and development 33 34 35 36 37 38 39 40 -3.6 -2.9 -6.8 -8.4 -1.8 2.3 4.4 0.8 -0.7 0.0 -3.7 -4.8 -0.3 0.8 5.0 -2.1 -0.2 1.3 -6.6 -7.8 -1.0 -0.1 -5.2 -7.8 5.9 3.4 8.9 -0.6 -1.3 0.1 -7.5 -8.2 -12.9 6.0 9.6 3.2 0.4 0.4 0.4 -0.1 5.1 -0.8 -6.2 3.5 1.5 0.5 6.1 7.2 1.8 3.2 3.7 2.7 -4.2 0.5 3.7 -1.8 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2011 III Government consumption expenditures and gross investment.......................... Percentage points at annual rates: Consumption expenditures 1 Gross investment2.............. Structures........................ Equipment....................... Intellectual property products....................... Software...................... Research and development............ 1 -3.2 -1 .0 3.5 -6 .5 -4.2 -0.4 0.2 2 3 4 5 -2.13 -1.08 -0.85 -0.20 -0.17 -0.81 -0.66 -0.01 4.22 -0.76 -0.93 0.17 -5.53 -0.99 -0.43 -0.46 -2.19 -2.02 -1.22 -0.87 -0.85 0.45 -0.06 0.53 -0.54 0.76 0.57 0.26 6 7 -0.03 0.05 -0.14 0.04 0.01 0.01 -0.11 0.09 0.07 0.06 -0.02 -0.08 -0.08 0.01 8 -0.07 -0.17 0.00 -0.20 0.01 0.07 -0.09 Federal........................................... Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 9 10 11 12 13 14 15 -1.06 -0.73 -0.33 -0.11 -0.17 -0.05 0.03 -0.59 -0.18 -0.40 -0.26 -0.14 0.02 0.00 0.00 -5.94 -5.48 -0.46 0.21 -0.53 -0.14 0.06 -3.47 -2.25 -1.22 -0.53 -0.70 0.01 0.02 -0.64 -1.05 0.41 -0.05 0.47 -0.01 -0.06 -0.68 -0.80 0.13 0.00 3.54 3.58 -0.03 -0.26 0.22 16 -0.08 -0.16 0.01 -0.20 -0.01 0.05 -0.10 National defense........................ Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 17 18 19 20 21 22 23 -0.61 -0.29 -0.32 -0.11 -0.15 -0.06 0.01 -0.85 -0.56 -0.29 -0.16 -0.03 -0.09 3.12 3.15 -0.03 -0.16 0.19 -0.06 -0.16 -0.36 0.20 -0.01 0.26 -0.06 0.00 -2.92 -1.97 -0.95 -0.26 -0.66 -0.03 0.01 -0.15 -0.64 0.49 0.00 -6.11 -5.74 -0.37 0.19 -0.55 -0.01 0.01 24 -0.07 -0.09 -0.06 -0.02 -0.03 0.02 -0.05 Nondefense................................ Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 25 26 27 28 29 30 31 -0.45 -0.44 -0.01 0.01 -0.02 0.01 0.02 0.26 0.38 -0.12 -0.09 0.03 -0.05 0.01 0.43 0.43 -0.55 -0.28 -0.27 -0.27 -0.04 0.04 0.01 -0.49 -0.40 -0.08 -0.05 -0.03 -0.52 -0.45 -0.07 0.00 0.17 0.26 -0.09 0.02 0.02 -0.13 0.04 -0.03 0.00 32 -0.01 -0.07 0.07 -0.17 0.02 0.03 -0.05 State and lo ca l.............................. Consumption expenditures.......... Gross investment......................... Structures................................ Equipment................................ Intellectual property products... Software............................... Research and development 33 34 35 36 37 38 39 40 -2.15 -1.40 -0.75 -0.75 -0.02 0.02 0.02 -0.39 0.01 -0.40 -0.41 -0.08 0.64 -0.72 -0.68 -0.05 0.01 0.02 -0.01 -0.58 -0.05 -0.53 -0.64 0.08 0.03 0.04 -0.74 0.06 -0.80 -0.69 -0.18 0.06 0.04 0.02 0.24 0.19 0.05 -0.01 0.06 -0.01 -0.03 0.02 0.89 0.26 0.63 0.58 0.02 0.03 0.02 0.02 0.00 0.00 0.01 0.02 -0.01 0.00 -0.10 0.03 0.06 0.00 0.00 0.50 -0.01 -0.02 0.00 0.00 0.24 -0.11 -0.01 0.00 0.00 -0.02 -0.05 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. D-30 National Data November 2013 Table 3.9.3. Real Government Consumption Expenditures and Gross Investment, Quantity Indexes Table 3.9.4. Price Indexes for Government Consumption Expenditures and Gross Investment [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line Government consumption expenditures and gross investment......................... Consumption expenditures 1 Gross investment2.............. Structures........................ Equipment....................... Intellectual property products...................... Software...................... Research and development............ Federal............................................. Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ National defense......................... Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ Nondefense................................. Consumption expenditures...... Gross investment..................... Structures........................... Equipment........................... Intellectual property products Software.......................... Research and development................ State and local................................ Consumption expenditures.......... Gross investment......................... Structures................................ Equipment............................... Intellectual property products... Software.............................. Research and development 2011 2012 2012 Seasonally adjusted 2013 Line III IV I II III 1 96.868 95.921 96.752 95.135 94.117 94.024 94.074 2 3 4 5 97.228 90.869 83.196 97.473 98.266 90.905 82.313 99.533 96.549 89.674 81.269 96.980 95.882 87.308 78.474 92.297 95.629 87.825 78.342 95.070 95.468 88.685 79.617 96.436 97.436 94.672 89.464 97.632 8 9 10 11 12 13 14 15 96.200 95.155 95.197 95.525 95.096 98.455 96.315 95.933 95.528 Federal............................................. 102.036 101.453 103.882 99.414 97.617 96.806 96.183 100.404 96.045 96.598 95.244 91.937 93.014 93.346 100.890 73.863 67.856 73.202 59.586 58.366 58.262 99.593 99.458 102.580 98.346 93.032 96.485 98.245 100.828 97.960 98.063 97.334 97.372 97.321 96.793 111.648 113.979 113.741 115.725 116.354 114.352 114.109 Consumption expenditures...... Gross investment..................... Structures........................... Equipment........................... Intellectual property products Software.......................... Research and development................ 96.107 95.359 95.517 94.357 94.302 94.560 93.987 17 100.802 97.562 18 102.259 99.523 19 95.622 90.571 20 76.371 46.903 21 98.671 97.474 22 96.483 92.663 23 111.692 112.539 100.446 94.506 91.731 91.592 91.442 16 24 25 26 27 28 29 30 31 99.056 National defense........................ 88.901 Consumption expenditures...... Gross investment..................... Structures........................... Equipment........................... Intellectual property products Software.......................... Research and development................ 103.230 105.068 105.440 105.708 104.740 103.910 103.033 Nondefense................................. 94.926 90.647 102.995 95.892 93.502 92.746 92.325 91.346 89.580 85.413 87.509 88.342 39.747 47.925 36.679 36.734 36.459 101.080 95.848 89.786 94.172 96.449 92.026 91.918 91.638 91.578 91.016 112.251 113.888 114.605 112.122 111.907 89.976 89.698 89.321 89.497 105.577 104.983 107.914 109.964 103.528 114.414 106.164 104.292 109.222 110.685 102.227 116.556 105.513 102.369 92.227 109.083 102.559 117.146 104.594 101.809 89.190 107.900 102.514 115.360 103.582 101.335 89.329 107.077 102.020 115.104 32 103.198 100.094 101.096 99.034 99.308 99.650 99.102 101.618 108.036 135.858 104.102 104.745 111.627 105.146 104.788 112.290 109.244 102.747 114.631 33 93.751 93.128 93.207 92.966 92.672 92.765 93.110 34 94.593 94.616 94.799 94.772 94.800 94.894 95.019 35 90.156 86.787 86.426 85.289 83.644 83.734 84.992 36 88.318 84.097 83.717 82.045 80.315 80.290 81.701 37 93.056 92.799 92.401 93.725 90.552 91.688 92.104 38 104.478 105.335 105.220 106.101 107.647 107.420 108.257 39 104.785 110.028 110.327 112.699 115.322 113.486 114.530 40 104.279 102.042 101.635 101.485 102.288 103.172 103.866 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Government consumption expenditures and gross investment.......................... 101.660 100.212 102.212 99.640 2012 2012 III Consumption expenditures 1 Gross investment2.............. Structures........................ Equipment....................... Intellectual property products....................... Software...................... Research and development............ 6 101.400 99.115 99.184 98.707 98.982 98.903 98.588 7 109.185 112.558 112.511 114.634 115.974 114.031 114.247 2011 Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ State and local................................ Consumption expenditures.......... Gross investment......................... Structures............................... Equipment................................ Intellectual property products... Software............................... Research and development 1 2 3 4 5 2013 IV I II III 105.560 106.882 106.850 107.209 107.454 107.485 107.898 106.164 103.272 103.671 101.102 107.314 105.273 107.540 101.528 107.215 105.514 107.940 101.655 107.649 105.569 108.394 101.210 107.849 106.000 109.012 101.120 107.799 106.363 109.633 101.393 108.227 106.720 110.240 101.242 6 104.445 104.864 104.957 104.838 105.409 105.482 105.887 7 100.119 99.832 99.675 99.492 99.916 100.184 100.143 8 105.490 106.097 106.256 106.155 106.767 106.784 107.314 9 10 11 12 13 14 15 105.344 106.184 106.224 106.370 107.007 107.229 107.550 105.874 103.595 102.093 102.124 104.922 100.275 106.799 104.142 105.211 102.408 105.217 100.065 106.814 104.270 105.623 102.532 105.307 99.934 107.070 104.030 106.132 101.994 105.171 99.771 16 105.748 106.142 106.275 106.145 17 105.191 106.252 106.322 106.542 18 105.693 106.824 106.857 107.221 19 103.393 104.185 104.396 104.068 20 102.058 105.110 105.612 106.114 21 102.472 102.762 102.882 102.328 22 104.857 105.926 106.219 106.083 23 99.852 99.504 99.354 99.158 24 105.429 106.678 25 105.624 106.077 26 106.215 106.755 27 103.924 104.128 28 102.105 105.269 29 100.491 100.744 30 104.995 104.650 31 100.468 100.320 107.771 104.446 106.822 102.061 105.785 100.303 107.980 104.715 107.645 102.502 105.874 100.569 108.332 104.929 108.238 102.248 106.366 100.559 106.775 106.828 107.422 107.283 107.512 107.816 108.061 104.433 106.694 102.391 106.790 99.610 108.243 104.839 107.550 102.940 106.981 99.885 108.584 105.007 108.106 102.688 107.637 99.815 107.027 106.900 107.640 107.820 108.571 106.065 106.081 106.549 106.760 107.108 106.734 104.141 105.629 100.886 104.575 100.198 106.795 104.023 106.142 100.413 104.440 100.050 107.257 104.507 106.898 100.499 104.978 100.617 107.511 104.589 107.702 100.490 104.984 100.880 107.883 104.867 108.317 100.227 105.345 100.895 32 106.078 105.683 105.619 105.488 106.017 105.953 106.407 33 34 35 36 37 38 39 40 105.710 107.371 107.288 107.798 107.775 107.676 108.152 106.352 103.029 103.849 98.547 101.951 99.824 103.506 107.652 106.294 107.793 99.326 102.994 99.393 105.685 107.477 106.631 108.192 99.462 103.099 99.187 106.035 108.029 106.945 108.642 99.247 103.061 98.967 106.145 107.907 107.388 109.254 98.776 103.426 99.195 106.624 107.693 107.834 109.860 98.643 103.420 99.466 106.388 108.168 108.314 110.469 98.744 103.415 99.371 106.457 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. November 2013 S urvey of D-31 C u r r e n t B u s in e s s Table 3.9.5. Government Consumption Expenditures and Gross Investment Table 3.9.6. Real Government Consumption Expenditures and Gross Investment, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Government consumption expenditures and gross investment......................... Consumption expenditures 1 Gross investment2.............. Structures........................ Equipment....................... Intellectual property products...................... Software...................... Research and development............ Federal........................................... Consumption expenditures...... Gross investment..................... Structures............................ Equipment.......................... Intellectual property products Software.......................... Research and development................ Seasonally adjusted at annual rates 2013 IV I II Line 190.5 37.2 186.9 38.3 187.2 38.2 186.1 38.8 187.6 39.5 187.6 38.9 187.7 39.0 153.2 148.7 8 147.3 148.2 148.7 148.8 149.0 9 1,304.1 1,295.7 1,322.1 1,275.2 1,255.0 1,252.6 1,251.0 10 1,008.7 1,011.7 1,036.1 993.9 972.9 982.3 976.0 11 295.4 281.4 272.7 278.1 284.0 286.0 276.6 30.0 22.7 12 22.6 18.4 20.9 18.6 18.3 13 105.5 105.6 104.0 104.2 109.1 98.5 102.6 14 159.9 155.8 154.7 155.7 156.1 155.7 155.6 24.4 15 24.9 25.2 24.8 25.5 25.1 25.1 16 135.4 130.9 131.2 129.5 130.2 130.6 130.5 National defense........................ Consumption expenditures...... Gross investment..................... Structures........................... Equipment........................... Intellectual property products Software.......................... Research and development................ 17 18 19 20 21 22 23 835.8 662.8 173.0 13.4 87.0 72.7 7.6 817.1 652.0 165.1 8.4 86.2 70.5 7.7 841.9 675.0 166.9 7.2 89.5 70.2 7.6 793.7 630.6 163.1 8.7 84.4 70.0 7.7 775.8 619.7 156.1 6.7 79.1 70.3 7.8 776.3 615.7 160.5 6.8 83.4 70.4 7.7 777.2 614.9 162.3 6.8 85.2 70.4 7.6 24 65.0 62.9 62.6 62.3 62.5 62.7 62.7 Nondefense................................ Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 25 26 27 28 29 30 31 468.2 345.8 122.4 16.7 18.5 87.2 16.8 478.6 359.7 118.9 14.2 19.5 85.3 17.2 480.2 361.1 119.2 13.7 19.6 85.8 17.2 481.5 363.3 118.2 13.9 19.7 84.7 17.5 479.2 362.6 116.6 11.8 19.4 85.4 17.7 476.3 360.3 116.1 11.5 19.2 85.3 17.5 473.9 358.0 115.8 11.6 19.0 85.2 17.4 State and local.............................. Consumption expenditures.......... Gross investment......................... Structures................................ Equipment.............................. Intellectual property products... Software.............................. Research and development 32 70.4 68.0 67.2 67.7 67.9 68.6 67.8 33 1,854.7 1,871.3 1,871.4 1,875.4 1,869.1 1,869.3 1,884.5 34 1,517.4 1,536.4 1,536.8 1,544.3 1,543.0 1,541.4 1,550.3 337.2 334.9 35 331.2 334.2 334.6 326.1 327.8 36 265.8 262.7 262.5 258.3 254.3 261.6 255.6 37 41.1 41.4 40.9 40.9 39.8 40.3 40.5 30.6 31.2 31.4 32.2 38 31.2 32.0 31.9 12.8 13.4 39 13.4 13.6 14.0 13.9 13.8 40 17.8 17.8 17.8 17.8 18.0 18.1 18.2 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2012 III 1 3,158.7 3,167.0 3,193.5 3,150.7 3,124.1 3,121.9 3,135.6 2 2,526.1 2,548.0 2,572.9 2,538.1 2,525.3 2,517.5 2,523.2 632.6 3 619.0 620.6 612.5 604.4 612.4 598.8 4 295.8 285.3 283.4 281.0 272.8 273.9 279.9 144.7 5 146.3 146.7 150.0 145.5 138.3 142.9 6 7 2011 2012 III Government consumption expenditures and gross investment.......................... Consumption expenditures 1 Gross investment2.............. Structures........................ Equipment....................... Intellectual property products....................... Software...................... Research and development............ Federal........................................... Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 2013 IV 1 II III 1 2,992.3 2,963.1 2,988.8 2,938.8 2,907.4 2,904.5 2,906.0 2 2,379.4 2,374.4 2,399.7 2,357.8 2,341.5 2,335.3 2,331.4 3 612.6 588.2 580.2 564.9 568.3 573.8 588.0 4 262.5 259.2 250.3 249.9 253.9 285.3 265.3 5 144.8 144.5 147.6 143.8 136.8 141.0 143.0 6 7 182.4 37.2 178.3 38.3 178.4 38.3 177.5 39.0 178.0 39.5 177.9 38.8 177.3 38.9 140.2 138.7 138.8 139.3 138.6 8 145.3 140.1 9 1,237.9 1,220.3 1,244.6 1,198.9 1,172.8 1,168.2 1,163.2 10 952.7 970.0 928.2 911.5 903.9 898.1 947.3 11 264.1 285.1 265.1 272.8 274.3 270.5 261.1 17.4 12 29.4 19.8 21.3 17.0 17.0 21.5 13 106.4 96.5 100.1 103.3 103.2 102.0 101.9 14 152.4 148.2 147.1 147.1 148.0 147.1 146.3 15 24.4 25.4 24.9 24.9 24.8 25.3 25.0 16 128.1 123.3 123.5 122.0 121.9 122.3 121.5 National defense........................ Consumption expenditures...... Gross investment..................... Structures........................... Equipment........................... Intellectual property products Software.......................... Research and development................ 17 18 19 20 21 22 23 794.6 627.1 167.3 13.1 84.9 69.3 7.6 769.1 610.4 158.5 8.0 83.9 66.6 7.7 791.8 631.7 159.8 6.8 87.0 66.1 7.7 745.0 588.1 156.8 8.2 82.5 66.0 7.8 723.1 573.4 149.5 6.3 77.2 65.8 7.8 722.0 568.8 153.1 6.3 81.0 65.8 7.7 720.8 566.2 154.6 6.2 83.0 65.4 7.7 24 61.7 58.9 58.5 58.3 25 26 27 28 29 30 31 443.3 325.6 117.8 16.3 18.4 83.1 16.7 451.2 336.9 114.2 13.5 19.3 81.5 17.2 452.8 338.3 114.4 13.0 19.5 82.1 17.2 453.9 340.2 113.7 13.1 19.6 81.1 17.5 58.1 449.8 338.1 111.6 11.1 19.3 81.3 17.6 58.2 Nondefense................................ Consumption expenditures...... Gross investment..................... Structures............................ Equipment........................... Intellectual property products Software.......................... Research and development................ 446.2 335.1 111.0 10.7 19.1 81.3 17.3 57.8 442.4 331.9 110.5 10.7 18.9 80.9 17.3 32 66.3 64.4 65.0 63.7 63.8 64.1 63.7 State and lo ca l.............................. Consumption expenditures.......... Gross investment......................... Structures............................... Equipment................................ Intellectual property products... Software............................... Research and development Residual.......................................... 33 1,754.5 1,742.8 1,744.3 1,739.8 1,734.3 1,736.0 1,742.5 34 1,426.8 1,427.1 1,429.9 1,429.5 1,429.9 1,431.3 1,433.2 303.7 35 313.8 309.6 304.0 308.6 327.3 315.1 36 237.7 232.7 232.7 236.7 255.9 243.7 242.6 37 41.2 40.3 40.8 41.0 41.5 41.3 41.8 38 30.2 30.9 30.0 30.3 30.5 30.9 31.1 39 12.8 13.5 13.5 13.8 14.1 13.9 14.0 40 16.7 16.9 17.1 17.2 16.8 16.8 17.0 41 0.4 0.1 0.8 0.5 0.5 0.3 0.6 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. N o te . Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-32 November 2013 Table 3.10.1. Percent Change From Preceding Period in Real Government Consumption Expenditures and General Government Gross Output [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 III Government consumption expenditures 1.................................................................... Gross output of general government........................................................................... Value added............................................................................................................ Compensation of general government employees............................................... Consumption of general government fixed capital2............................................ Intermediate goods and services purchased 3........................................................ Durable goods..................................................................................................... Nondurable goods.............. Services............................. Less: Own-account investment4 Less: Sales to other sectors 5.... Federal consumption expenditures 1.......................................................................................... Gross output of general government............................................................................... Value added..................................................... Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods......................................................................................................... Nondurable goods Services.................................................................................................................. Less: Own-account investment4..................................................................................... Less: Sales to other sectors Defense consumption expenditures 1................................................................................ Gross output of general government.................... Value added..................................................... Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods.............................................. Nondurable goods........................................ Services.................................................................................................................. Less: Own-account investment4.... Less: Sales to other sectors........... Nondefense consumption expenditures 1 Gross output of general government Value added................................................................................................................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods.............................................. Nondurable goods...................................................................... .............. Commodity Credit Corporation inventory change................................................ Other nondurable goods...................................................................................... Services.................................................................................................................. Less: Own-account investment4..................................................................................... Less: Sales to other sectors............................................................................................. State and local consumption expenditures ’ ............................................................................. Gross output of general government............................................................................... Value added................................................................................................................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods.......................................................................................................... Nondurable goods Services.................................................................................................................. Less: Own-account investment4..................................................................................... Less: Sales to other sectors............................................................................................. Tuition and related educational charges...................................................................... Health and hospital charges..........' ............................................................................ Other sales 5................................................................................................................ 2013 I IV II III -2.7 -0.2 5.3 -6.8 -2.7 -1.1 -0.7 -1.9 -0.4 -1.0 2.0 -4.7 -4.6 -3.6 -5.2 -1.4 3.1 -0.2 0.0 -0.4 1.4 -0.5 -1.1 0.4 -0.9 -3.0 0.5 4.2 0.6 0.5 1.2 11.6 10.8 0.1 17.4 -2.5 -0.8 -5.8 -0.4 -0.9 1.1 -15.5 -6.1 2.3 -23.7 -4.2 -0.2 -1.9 -0.3 -0.7 1.0 -4.8 -22.0 -0.6 -4.8 -1.1 3.1 -0.7 -0.2 -0.5 1.0 -1.6 8.2 -5.3 -0.8 0.9 1.3 -0.3 -1.0 -1.6 1.1 1.3 -4.3 0.2 2.5 1.9 1.8 12 13 14 15 16 17 18 19 20 21 22 -2.3 -0.6 11.6 -16.1 -7.0 -3.3 -2.5 -2.0 1.0 0.2 2.4 -6.7 -5.3 -4.0 -7.5 0.5 16.0 -1.1 -0.1 -1.0 1.5 -2.8 -1.8 -2.4 -3.1 -5.3 -30.2 10.3 -0.6 -1.7 1.3 31.0 17.0 -4.3 42.2 -2.7 -53.6 -15.8 -0.6 -1.7 1.1 -36.4 -8.0 10.6 -46.9 -4.5 -17.4 -6.3 -1.2 -2.6 1.0 -15.0 -31.4 -8.5 -13.1 -0.7 75.7 -3.5 -1.6 -3.2 0.9 -7.1 12.3 -30.5 -4.2 -0.8 -34.0 -2.4 -4.5 -7.9 1.1 1.6 -7.1 -5.9 4.9 -1.7 6.7 23 24 25 26 27 28 29 30 31 32 33 -1.4 -2.7 16.2 -24.9 -9.6 -3.2 -1.8 -1.3 1.4 1.0 2.1 -5.0 -5.3 3.1 -6.1 2.0 5.3 -2.7 -0.9 -1.9 0.9 -5.5 -2.3 -7.1 -6.0 -5.2 -1.9 15.4 -0.8 -1.7 0.6 44.5 17.9 -9.8 62.2 -3.5 -1.2 -24.2 -1.8 -3.2 0.4 -49.1 -8.9 14.9 -61.1 -4.2 -4.5 -9.3 -2.0 -3.5 0.2 -20.5 -33.5 -22.7 -16.4 0.1 -5.5 -3.2 -1.2 -2.2 0.2 -6.6 14.0 -43.6 -3.4 -0.5 -17.0 -1.8 -6.1 -10.1 0.2 6.4 -7.3 -4.6 12.1 -1.8 7.8 -4.0 1 2 3 4 5 6 7 8 9 10 11 34 35 36 37 38 39 40 41 42 43 44 45 46 3.5 3.8 2.2 -2.4 -3.4 -3.8 -3.4 0.3 -1.1 2.9 -10.7 -5.4 2.0 1.2 0.5 2.6 3.5 4.3 1.5 -0.2 -1.7 2.4 5.3 6.4 1.5 1.2 0.5 2.4 2.3 3.5 -1.0 0.1 -1.2 2.3 -3.2 -4.6 -4.1 -2.2 -4.7 2.2 -8.0 -4.7 -3.6 -2.0 -4.6 2.5 -7.0 -4.6 -11.7 -10.7 -1.4 21.5 3.3 3.5 -5.3 -42.3 -1.4 6.3 -1.6 -72.6 4.7 1.1 -5.0 -26.9 10.3 -6.8 -1.7 180.4 -15.6 -5.5 -1.1 -43.7 -7.8 -7.0 -1.6 6.0 47 48 49 50 51 52 53 54 55 56 57 58 59 60 -2.9 0.0 1.3 -0.1 0.1 0.4 0.5 -1.8 -1.0 -1.4 1.5 -3.4 -3.2 -3.5 -3.4 -3.3 2.8 3.1 3.2 1.9 0.3 0.0 -0.2 1.3 0.9 0.2 1.1 0.9 -0.7 1.4 2.0 1.7 0.6 1.2 1.2 1.3 1.2 1.0 -0.6 1.2 0.9 -2.3 0.9 1.5 0.7 0.6 -0.1 -0.3 -0.6 1.2 0.3 -2.2 0.4 0.4 -3.8 0.1 -0.1 1.0 -0.9 0.5 0.1 -0.1 1.1 1.3 0.3 1.4 1.4 -1.6 2.0 1.6 1.6 2.8 0.8 0.5 0.4 1.1 1.5 0.8 1.5 1.6 2.6 2.2 2.0 2.0 2.5 0.9 0.7 0.7 1.1 1.1 1.3 1.6 0.8 5.6 1.7 2.0 2.0 0.9 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. November 2013 S urvey of D-33 C u r r e n t B u s in e s s Table 3.10.3. Real Government Consumption Expenditures and General Government Gross Output, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted Line Government consumption expenditures 1.................................................................... Gross output of general government........................................................................... Value added.......................................................... Compensation of general government employees............................................... Consumption of general government fixed capital2............................................ Intermediate goods and services purchased 3...... Durable goods..................................................................................................... Nondurable goods........... Services.............................................................................................................. Less: Own-account investment4................................................................................. Less: Sales to other sectors 5.. Federal consumption expenditures 1......................... Gross output of general government................. Value added.................................................. Compensation of general government employees Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods........................................... Nondurable goods..................................... Services.................................................................................................................. Less: Own-account investment4. Less: Sales to other sectors........ Defense consumption expenditures 1 Gross output of general government............................................................................... Value added................................................................................................................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods......................................................................................................... Nondurable goods.... Services.................................................................................................................. Less: Own-account investment4..................................................................................... Less: Sales to other sectors Nondefense consumption expenditures 1 Gross output of general government............................................................................... Value added................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods......................................................................................................... Commodity Credit Corporation inventory change................................................ Other nondurable goods.. Services............................. Less: Own-account investment4. Less: Sales to other sectors........ State and local consumption expenditures 1 Gross output of general government............................................................................... Value added........................... Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods......................................................................................................... Nondurable goods.............. Services............................. Less: Own-account investment4 Less: Sales to other sectors........ Tuition and related educational charges...................................................................... Health and hospital charges........................................................................................ Other sales 5............................................................................................................... 2011 2012 2012 2013 III IV I II 97.436 97.228 98.266 96.549 95.882 95.629 95.468 98.468 100.241 99.135 104.618 95.099 96.077 93.120 95.782 96.302 105.540 98.289 100.233 98.748 106.103 94.600 94.979 93.496 94.932 93.382 106.044 99.168 100.321 98.815 106.276 96.940 96.825 93.352 98.506 93.241 106.100 97.689 100.209 98.599 106.577 92.939 95.305 93.888 92.072 92.247 106.039 97.230 100.124 98.422 106.852 91.794 89.568 93.744 90.951 91.985 106.856 97.068 100.071 98.287 107.121 91.429 91.343 92.479 90.777 92.192 107.190 97.006 99.815 97.892 107.412 91.725 90.347 92.532 91.328 92.632 107.659 12 13 14 15 16 17 18 19 20 21 22 102.036 101.453 103.882 99.414 97.617 96.806 96.183 102.219 104.444 103.824 105.491 98.668 97.596 96.539 99.236 100.254 127.570 101.095 104.379 102.776 107.077 95.873 95.856 94.212 96.162 94.988 89.074 103.352 104.295 102.535 107.256 101.807 98.488 92.523 104.295 94.590 84.151 99.009 104.126 102.086 107.557 90.913 96.463 94.876 89.040 93.496 80.228 97.410 103.807 101.419 107.824 87.306 87.777 92.798 85.968 93.337 92.363 96.538 103.390 100.605 108.074 85.719 90.360 84.730 85.060 93.156 83.242 95.943 102.198 98.543 108.357 86.064 88.707 83.447 86.089 92.760 84.612 23 24 25 26 27 28 29 30 31 32 33 102.259 99.523 102.995 95.892 93.502 92.746 92.325 102.230 104.670 104.278 105.303 98.806 97.061 99.388 98.983 101.997 98.808 99.420 103.769 102.245 106.218 93.355 94.846 92.299 93.073 96.694 96.910 102.749 103.678 102.041 106.309 101.415 97.599 88.716 104.235 96.106 97.018 95.867 103.219 101.227 106.419 85.645 95.349 91.857 82.313 95.078 95.896 93.556 102.690 100.332 106.479 80.869 86.111 86.143 78.709 95.103 94.556 92.799 102.370 99.785 106.528 79.504 88.983 74.663 78.034 94.982 90.243 92.390 100.770 97.166 106.578 80.755 87.302 73.785 80.287 94.557 91.943 34 35 36 37 38 39 40 41 42 43 44 45 46 101.618 105.146 105.577 106.164 105.513 104.594 103.582 102.203 104.082 103.129 105.814 98.333 104.601 104.213 105.366 103.601 108.566 101.816 109.109 104.471 105.292 103.302 108.899 102.744 110.132 104.871 105.595 103.420 109.535 103.342 111.091 104.604 105.617 103.108 110.161 102.495 109.794 103.518 105.041 101.879 110.766 100.387 108.494 102.573 104.519 100.687 111.459 98.594 107.224 93.283 99.862 98.048 146.654 96.349 103.399 92.829 84.563 96.721 104.471 92.673 76.366 97.835 104.767 91.497 70.612 100.263 102.934 91.102 91.378 96.087 101.483 90.845 79.149 94.145 99.652 90.485 80.314 47 48 49 50 51 52 53 54 55 56 57 58 59 60 94.593 94.616 94.799 94.772 94.800 94.894 95.019 96.554 98.291 97.585 103.375 92.901 93.091 92.300 93.249 92.473 104.977 105.436 105.446 104.032 96.853 98.309 97.418 104.717 93.770 93.256 93.320 94.059 91.830 106.491 107.559 107.289 104.682 97.035 98.477 97.587 104.881 93.978 93.555 93.545 94.250 91.935 106.674 107.888 107.372 104.898 97.004 98.392 97.448 105.183 94.056 93.028 93.649 94.349 91.038 106.712 107.866 107.636 104.670 97.123 98.415 97.433 105.470 94.367 93.093 93.967 94.672 90.676 107.238 108.298 108.067 105.396 97.321 98.532 97.525 105.764 94.725 93.268 94.324 95.042 91.259 107.814 108.839 108.607 106.045 97.531 98.713 97.689 106.066 94.993 93.575 94.695 95.239 92.510 108.260 109.383 109.150 106.289 1 2 3 4 5 6 7 8 9 10 11 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, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. National Data D-34 November 2013 Table 3.10.4. Price Indexes for Government Consumption Expenditures and General Government Gross Output [Index numbers, 2009=100] Seasonally adjusted 2011 2012 1 2 3 4 b 6 7 8 9 10 11 106.164 107.314 107.215 107.649 107.849 107.799 108.227 106.106 104.716 105.119 103.155 108.873 100.708 122.650 104.382 104.692 105.992 107.504 105.841 106.086 104.855 110.828 101.578 125.071 106.278 106.070 108.861 107.478 105.770 105.946 105.034 110.892 101.562 124.808 106.484 106.166 109.248 107.936 106.130 106.377 105.137 111.555 101.720 126.197 106.916 106.376 109.894 108.245 106.321 106.567 105.333 112.110 101.828 126.629 107.576 106.746 110.828 108.232 106.495 106.710 105.617 111.699 102.118 123.827 108.079 106.843 111.008 108.660 106.783 106.988 105.940 112.424 102.075 125.855 108.356 107.059 111.474 12 13 14 15 16 1/ 18 19 20 21 22 105.874 106.799 106.814 107.070 107.771 107.980 108.332 105.871 105.161 106.001 103.773 107.046 100.774 121.948 105.487 105.346 106.980 106.802 105.770 106.521 104.524 108.534 101.604 124.488 106.902 106.162 108.803 106.820 105.819 106.541 104.620 108.495 101.681 123.667 106.987 106.225 108.985 107.069 105.958 106.766 104.626 108.937 101.628 125.581 107.254 106.312 109.195 107.765 106.687 107.655 105.104 109.570 101.999 126.503 107.880 106.851 109.961 107.976 107.059 108.114 105.340 109.468 102.504 123.034 108.313 107.181 109.874 108.324 107.414 108.549 105.576 109.802 102.420 124.550 108.510 107.416 110.225 23 24 2b 26 2/ 28 29 30 31 32 33 105.693 106.824 106.857 107.221 108.061 108.243 108.584 105.678 104.672 105.301 103.676 107.147 100.775 137.066 104.999 105.454 104.325 106.808 105.698 106.245 104.826 108.438 101.689 138.415 106.374 106.432 106.042 106.844 105.809 106.328 104.980 108.354 101.773 136.442 106.487 106.520 106.193 107.199 106.037 106.653 105.061 108.913 101.765 140.332 106.775 106.634 106.447 108.031 106.992 107.933 105.528 109.527 102.167 141.641 107.350 107.233 107.176 108.218 107.372 108.351 105.854 109.361 102.726 135.032 107.829 107.542 107.395 108.554 107.681 108.734 106.053 109.744 102.673 137.660 108.061 107.721 107.816 34 3b 36 37 38 39 40 41 42 43 44 45 46 106.215 106.755 106.734 106.795 107.257 107.511 107.883 106.228 105.953 107.093 103.943 106.815 100.767 106.796 105.889 106.950 104.013 108.751 100.612 106.779 105.838 106.872 104.009 108.805 100.608 106.840 105.837 106.944 103.887 108.999 100.049 107.306 106.207 107.238 104.383 109.668 100.085 107.556 106.565 107.761 104.471 109.687 100.020 107.926 106.994 108.272 104.768 109.926 99.605 108.347 106.603 105.203 108.140 111.990 108.110 105.805 110.025 112.171 108.128 105.834 110.265 112.343 108.353 105.887 110.478 112.932 109.076 106.346 111.265 111.916 109.425 106.704 110.959 112.640 109.557 107.014 111.255 47 48 49 50 51 52 53 54 55 56 57 58 59 60 106.352 107.652 107.477 108.029 107.907 107.693 108.168 106.231 104.502 104.818 102.282 110.072 100.571 122.827 103.507 104.034 105.956 110.492 104.785 104.625 107.879 105.881 105.941 105.346 112.326 101.525 125.218 105.772 105.986 108.852 115.847 107.171 106.615 107.830 105.751 105.746 105.646 112.457 101.318 125.088 106.072 106.115 109.245 116.436 107.628 106.786 108.400 106.218 106.247 105.887 113.259 101.909 126.352 106.628 106.446 109.900 117.481 108.075 107.474 108.509 106.147 106.197 105.678 113.771 101.507 126.666 107.312 106.650 110.838 119.287 109.065 107.767 108.382 106.224 106.233 106.031 113.186 101.392 124.017 107.861 106.516 111.024 120.579 108.731 107.945 108.850 106.479 106.458 106.479 114.130 101.426 126.154 108.191 106.713 111.491 121.131 109.163 108.405 Line 2012 III Government consumption expenditures 1.................................................................... Gross output of general government........................................................................... Value added............................................................................................................ Compensation of general government employees............................................... Consumption of general government fixed capital2............................................ Intermediate goods and services purchased 3........................................................ Durable goods..................................................................................................... Nondurable goods............. Services............................ Less; Own-account investment4 Less; Sales to other sectors 5... . Federal consumption expenditures 1.......................................................................................... Gross output of general government................... Value added..................................................... Compensation of general government employees Consumption of general government fixed capital2 Intermediate goods and services purchased 3.. Durable goods............................................. Nondurable goods.................................................................................................... Services.................................................................................................................. Less: Own-account investment4... Less: Sales to other sectors.......... Defense consumption expenditures 1 Gross output of general government Value added................................................................................................................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3 Durable goods.................................. Nondurable goods............................ Services........................................... Less: Own-account investment4.............. Less: Sales to other sectors............................................................................................. Nondefense consumption expenditures 1.......................................................................... Gross output of general government............................................................................... Value added................................................................................................................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods.................................. Commodity Credit Corporation inventory change................................................ Other nondurable goods............... Services........................................... Less: Own-account investment4.............. Less: Sales to other sectors............................................................................................. State and local consumption expenditures 1............................................................................. Gross output of general government............................................................................... Value added................................................................................................................. Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods........... Nondurable goods..... Services.................... Less: Own-account investment4 Less: Sales to other sectors Tuition and related educational charges...................................................................... Health and hospital charges........................................................................................ Other sales 5............................................................................................................... 2013 IV I II III 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. November 2013 D-35 S u r v e y o f C u r r e n t B u s in e s s Table 3.10.5. Government Consumption Expenditures and General Government Gross Output [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Government consumption expenditures 1.................................................................... Gross output of general government........................................................................... Value added............................................................................................................ Compensation of general government employees............................................... Consumption of general government fixed capital2............................................ Intermediate goods and services purchased 3........................................................ Durable goods Nondurable goods Services.............. Less: Own-account investment4 Less: Sales to other sectors 5...................................................................................... Federal consumption expenditures 1 Gross output of general government Value added................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods ................................................................................................ Nondurable goods.... Services.................. Less: Own-account investment4 Less: Sales to other sectors Defense consumption expenditures 1 Gross output of general government Value added................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods Nondurable goods.... Services.................. Less: Own-account investment4 Less: Sales to other sectors............................................................................................. Nondefense consumption expenditures 1 Gross output of general government Value added...................................... Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3 Durable goods............................... Nondurable goods.......................... Commodity Credit Corporation inventory change................................................ Other nondurable goods............ Services........................................ Less: Own-account investment4..................................................................................... Less: Sales to other sectors............................................................................................. State and local consumption expenditures 1............................................................................. Gross output of general government............................................................................... Value added................................................................................................................ Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods Nondurable goods..., Services.................. Less: Own-account investment4 Less: Sales to other sectors Tuition and related educational charges...................................................................... Health and hospital charges Other sales 5.................7............................................................................................. 2013 IV I II III 1 2 3 4 5 6 7 8 9 10 11 2,526.1 2,548.0 2,572.9 2,538.1 2,525.3 2,517.5 2,523.2 3,021.6 2,002.4 1,581.2 421.2 1,019.2 72.0 300.3 646.9 71.6 423.9 3,055.8 2,023.7 1,589.6 434.2 1,032.0 71.8 307.4 652.8 70.3 437.4 3,082.4 2,024.2 1,588.6 435.6 1,058.2 73.2 306.3 678.7 70.3 439.2 3,049.4 2,028.8 1,591.5 437.3 1,020.6 72.1 311.5 637.0 69.7 441.6 3,043.7 2,030.7 1,591.5 439.2 1,013.0 67.8 312.1 633.1 69.7 448.7 3,038.3 2,033.0 1,591.4 441.5 1,005.3 69.4 301.1 634.8 69.9 450.9 3,048.3 2,033.3 1,589.2 444.1 1,015.1 68.6 306.2 640.3 70.4 454.7 12 13 14 15 16 17 18 19 20 21 22 1,008.7 1,011.7 1,036.1 993.9 982.3 976.0 972.9 1,058.5 663.0 413.2 249.7 395.5 48.5 59.9 287.1 36.8 13.0 1,056.0 666.4 411.1 255.3 389.6 48.0 59.7 281.9 35.1 9.2 1,079.8 666.2 410.2 256.0 413.6 49.4 58.2 306.0 35.0 8.7 1,036.8 666.0 409.3 256.7 370.9 48.3 60.6 261.9 34.6 8.4 1,026.7 668.5 410.0 258.5 358.2 44.1 59.7 254.4 34.7 9.7 1,019.5 668.1 408.4 259.7 351.4 45.7 53.0 252.7 34.8 8.7 1,016.5 662.6 401.7 261.0 353.9 44.8 52.9 256.2 34.7 8.9 23 24 25 26 27 28 29 30 31 32 33 662.8 652.0 675.0 630.6 619.7 615.7 614.9 687.7 409.2 251.2 157.9 278.5 44.8 33.3 200.4 20.9 3.9 675.9 409.6 248.6 161.1 266.3 44.2 31.2 190.9 20.0 3.9 698.8 409.7 248.3 161.4 289.1 45.5 29.6 214.1 19.9 3.9 654.2 408.7 247.0 161.7 245.5 44.4 31.5 169.5 19.7 3.9 643.4 410.3 247.8 162.5 233.1 40.3 29.8 163.0 19.8 3.8 639.3 410.5 247.4 163.1 228.8 41.9 24.6 162.3 19.9 3.7 638.4 405.2 241.7 163.5 233.2 41.1 24.8 167.3 19.8 3.8 34 35 36 37 38 39 40 41 42 43 44 45 46 345.8 359.7 361.1 363.3 362.6 360.3 358.0 370.8 253.8 162.0 91.8 116.9 3.7 26.6 0.0 26.6 86.7 15.9 9.1 380.1 256.8 162.5 94.3 123.3 3.8 28.4 0.1 28.4 91.0 15.1 5.3 381.0 256.5 161.9 94.6 124.5 3.9 28.6 0.1 28.5 92.0 15.1 4.8 382.6 257.2 162.2 95.0 125.4 3.9 29.1 0.2 28.9 92.4 14.9 4.5 383.3 258.2 162.2 96.0 125.1 3.8 29.9 0.1 29.8 91.4 14.9 5.8 380.2 257.7 161.0 96.6 122.6 3.8 28.4 0.1 28.3 90.4 14.9 5.0 378.1 257.4 159.9 97.5 120.7 3.7 28.0 0.2 27.9 88.9 14.9 5.1 47 48 49 50 51 52 53 54 55 56 57 58 59 60 1,517.4 1,536.4 1,536.8 1,544.3 1,543.0 1,541.4 1,550.3 1,963.1 1,339.4 1,168.0 171.4 623.7 23.5 240.4 359.8 34.8 410.9 92.2 184.5 134.2 1,999.7 1,357.3 1,178.5 178.8 642.4 23.7 247.8 370.9 35.2 428.2 98.7 192.0 137.6 2,002.6 1,358.0 1,178.4 179.6 644.6 23.8 248.1 372.7 35.3 430.5 99.5 192.9 138.1 2,012.5 1,362.8 1,182.2 180.6 649.7 23.8 250.9 375.0 35.0 433.2 100.3 194.2 138.7 2,017.0 1,362.2 1,181.5 180.7 654.8 23.7 252.4 378.7 35.0 439.1 102.3 196.8 140.0 2,018.7 1,364.8 1,183.0 181.8 653.9 23.7 248.1 382.1 35.1 442.2 103.9 197.2 141.1 2,031.8 1,370.6 1,187.5 183.1 661.2 23.8 253.3 384.1 35.7 445.8 104.9 198.9 142.0 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. D-36 National Data November 2013 Table 3.10.6. Real Government Consumption Expenditures and General Government Gross Output, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Government consumption expenditures 1.................................................................... Gross output of general government........................................................................... Value added............................................................ Compensation of general government employees............................................... Consumption of general government fixed capital2............................................ Intermediate goods and services purchased 3...... Durable goods..................................................... Nondurable goods................................................................................................ Services............................................................................................................... Less: Own-account investment4 Less: Sales to other sectors 5 Federal consumption expenditures 1 Gross output of general government............................................................................... Value added................... Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods............ Nondurable goods...... Services.................................................................................................................. Less: Own-account investment4 ...................................................................... Less: Sales to other sectors Defense consumption expenditures 1 ...... Gross output of general government........ Value added......................................... Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods.................................. Nondurable goods............................ Services........................................... Less: Own-account investment4..................................................................................... Less: Sales to other sectors............................................................................................. Nondefense consumption expenditures 1 Gross output of general government Value added.............................. Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods.................................. Nondurable goods............................. Commodity Credit Corporation inventory change................................................ Other nondurable goods............... Services........................................... Less: Own-account investment4.............. Less: Sales to other sectors............................................................................................. State and local consumption expenditures 1 Gross output of general government Value added................................................................................................................. Compensation of general government employees................................................... Consumption of general government fixed capital2................................................ Intermediate goods and services purchased 3............................................................ Durable goods.......................................................................................................... Nondurable goods...... Services.................................................................................................................. Less: Own-account investment4 Less: Sales to other sectors............................................................................................. Tuition and related educational charges...................................................................... Health and hospital charges........................................................................................ Other sales 5................................................................................................................ Residual...................................................................................................................................... 2013 IV I II III 1 2 3 4 5 6 7 8 9 10 11 2,379.4 2,374.4 2,399.7 2,357.8 2,341.5 2,335.3 2,331.4 2,847.7 1,912.2 1,504.2 408.3 936.1 71.5 244.8 619.8 68.4 399.9 2,842.5 1,912.1 1,498.4 414.1 931.2 70.7 245.8 614.3 66.3 401.8 2,867.9 1,913.7 1,499.4 414.7 954.2 72.0 245.4 637.4 66.2 402.0 2,825.1 1,911.6 1,496.1 415.9 914.8 70.9 246.8 595.7 65.5 401.8 2,811.9 1,910.0 1,493.4 417.0 903.6 66.6 246.5 588.5 65.3 404.9 2,807.2 1,909.0 1,491.4 418.0 900.0 67.9 243.1 587.4 65.4 406.2 2,805.4 1,904.1 1,485.4 419.2 902.9 67.2 243.3 590.9 65.8 407.9 12 13 14 15 16 17 18 19 20 21 22 952.7 947.3 970.0 928.2 911.5 903.9 898.1 999.8 630.5 389.8 240.7 369.4 48.1 49.1 272.2 34.9 12.2 988.8 630.1 385.9 244.3 359.0 47.3 47.9 263.7 33.1 8.5 1,010.8 629.6 385.0 244.7 381.2 48.6 47.1 286.0 32.9 8.0 968.4 628.5 383.3 245.4 340.4 47.6 48.3 244.2 32.6 7.6 952.7 626.6 380.8 246.0 326.9 43.3 47.2 235.8 32.5 8.8 944.2 624.1 377.8 246.6 321.0 44.6 43.1 233.3 32.4 7.9 938.4 616.9 370.0 247.2 322.3 43.7 42.4 236.1 32.3 8.1 23 24 25 26 27 28 29 30 31 32 33 627.1 610.4 631.7 588.1 573.4 568.8 566.2 650.7 390.9 238.6 152.3 260.0 44.5 24.3 190.9 19.8 3.8 632.9 387.5 233.9 153.6 245.6 43.4 22.6 179.5 18.8 3.7 654.0 387.2 233.5 153.8 266.8 44.7 21.7 201.0 18.7 3.7 610.2 385.5 231.6 153.9 225.3 43.7 22.5 158.7 18.5 3.6 595.5 383.5 229.6 154.0 212.8 39.4 21.1 151.8 18.5 3.6 590.7 382.3 228.3 154.1 209.2 40.8 18.3 150.5 18.5 3.4 588.1 376.3 222.3 154.2 212.5 40.0 18.0 154.8 18.4 3.5 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 325.6 336.9 338.3 340.2 338.1 335.1 331.9 349.0 239.6 151.3 88.3 109.5 3.7 24.5 0.0 24.5 81.3 15.1 8.4 355.9 242.5 152.0 90.6 113.4 3.8 25.4 0.0 25.3 84.2 14.3 4.8 356.8 242.4 151.5 90.9 114.4 3.9 25.5 0.0 25.4 85.1 14.2 4.4 358.2 243.1 151.7 91.5 115.1 3.9 25.8 0.1 25.7 85.3 14.1 4.0 357.2 243.1 151.2 92.0 114.1 3.8 26.4 0.1 26.4 83.8 14.0 5.2 353.5 241.8 149.4 92.5 111.8 3.8 25.3 0.1 25.3 82.6 14.0 4.5 350.3 240.6 147.7 93.1 109.8 3.8 24.8 0.1 24.7 81.1 13.9 4.6 1,426.8 1,427.1 1,429.9 1,429.5 1,429.9 1,431.3 1,433.2 1,847.9 1,281.7 1,114.3 167.6 566.6 23.4 195.7 347.6 33.4 387.8 83.5 176.1 128.2 -0.6 1,853.7 1,281.9 1,112.4 169.8 571.9 23.4 197.9 350.6 33.2 393.4 85.2 179.1 129.0 -0.5 1,857.2 1,284.1 1,114.3 170.0 573.2 23.5 198.4 351.3 33.2 394.0 85.4 179.3 129.3 -1.1 1,856.6 1,283.0 1,112.7 170.5 573.7 23.3 198.6 351.7 32.9 394.2 85.4 179.7 129.0 -0.4 1,858.8 1,283.3 1,112.6 171.0 575.6 23.4 199.3 352.9 32.8 396.1 85.7 180.4 129.9 -0.8 1,862.6 1,284.9 1,113.6 171.5 577.7 23.4 200.0 354.3 33.0 398.2 86.2 181.3 130.7 -1.6 1,866.6 1,287.2 1,115.5 171.9 579.4 23.5 200.8 355.0 33.5 399.9 86.6 182.2 131.0 -1.4 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, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantify index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. November 2013 S urvey of D-37 C u r r e n t B u s in e s s Table 3.11.1. Percent Change From Preceding Period in Real National Defense Consumption Expenditures and Gross Investment by Type [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 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.............................................. Ships........................................................................................................................... Vehicles............ Electronics Other durable goods Nondurable goods. Petroleum products Ammunition Other nondurable goods............................................................................................. Services.......................................................................................................................... Installation support Weapons support Personnel support Transportation of material Travel of persons Less: Own-account investment4 Less: Sales to other sectors.................................................................................................... Gross investment5....................................................................................................................... Structures Equipment Aircraft Missiles Ships.. Vehicles Electronics Other equipment Intellectual property products Software Research and development................................................................................................. 2013 IV I II III 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 -2.3 -1.4 -3.2 -2.7 12.5 16.2 -21.6 -24.9 -11.2 -9.6 -0.6 -3.2 -0.7 -1.8 -1.3 1.4 1.0 -0.4 3.6 2.1 -5.0 -5.3 10.7 -19.2 -18.2 -16.3 -19.6 -4.3 3.1 4.3 -3.6 4.0 -6.1 -6.8 -5.4 -4.4 -12.5 -11.6 2.0 5.3 -2.7 -0.9 -1.9 -2.6 -0.7 0.9 -5.5 -2.3 7.5 -8.6 5.6 -17.3 -13.0 ^ .0 -7.1 -8.5 -0.6 -7.4 -6.0 -4.5 -6.4 -2.0 -34.0 -11.0 -5.2 -1.9 15.4 -0.8 -1.7 -2.1 -1.0 0.6 44.5 17.9 29.9 43.2 37.9 8.5 -2.2 8.0 -9.8 -26.5 98.2 -11.2 62.2 64.4 165.3 51.2 -30.1 -6.1 -3.5 -1.2 -24.2 -1.8 -3.2 -3.5 -2.5 0.4 -49.1 -8.9 19.1 -28.7 -41.0 -40.9 -19.0 -27.3 14.9 62.8 -37.0 -19.7 -61.1 -62.0 -87.4 -47.7 -34.7 -23.2 -4.2 -4.5 -9.3 -2.0 -3.5 -3.7 -3.1 0.2 -20.5 -33.5 -51.4 -40.6 6,439.8 -71.5 -51.8 5.9 -22.7 -10.9 -70.8 -12.6 -16.4 0.6 1.8 -23.2 -41.1 -37.7 0.1 -5.5 -3.2 -1.2 -2.2 -0.5 -5.1 0.2 -6.6 14.0 13.1 178.7 56.5 -2.2 38.4 -27.8 -43.6 -67.5 15.1 14.2 -3.4 -2.6 -1.8 1.4 -34.8 -30.1 -0.5 -17.0 -1.8 -6.1 -10.1 -0.8 -25.3 0.2 6.4 -7.3 5.5 -17.2 -24.8 -1.4 -37.1 2.0 -4.6 -27.3 134.9 -4.9 12.1 2.6 -1.9 26.7 -27.7 -8.5 -1.8 7.8 29 30 31 32 33 34 35 36 37 38 39 40 -5.7 -5.3 -0.8 -7.5 -17.3 10.2 3.9 -21.8 -5.3 16.5 -12.0 -5.5 -26.4 -16.2 -5.3 -2.5 4.0 -3.2 -38.6 -1.2 6.6 31.3 1.1 -22.4 -11.4 ^ .1 -4.0 0.8 -4.5 -48.0 6.7 67.3 -20.4 -27.5 -8.7 -1.3 1.2 -2.8 -0.7 -3.0 111.4 -19.2 -50.1 20.1 58.8 -20.7 -15.8 -21.1 -0.5 6.0 -1.2 -65.7 -23.0 68.4 -62.8 -58.8 -81.6 -45.6 -9.7 -1.2 2.5 -1.7 0.6 21.0 -0.2 116.4 121.6 87.5 30.9 -9.3 -0.3 -8.4 0.8 -3.0 10.0 62.6 106.3 2.7 -31.5 -31.7 -14.7 -2.4 -0.8 -2.6 1 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. D-38 November 2013 National Data Table 3.11.3. Real National Defense Consumption Expenditures and Gross Investment by Type, Quantity Indexes Table 3.11.4. Price Indexes for National Defense Consumption Expenditures and Gross Investment by Type [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III National defense consumption expenditures and gross investment....... Consumption expenditures 1....... Gross output of general government............................. Value added............................ Compensation of general government employees.... Military............................. Civilian............................. Consumption of general government fixed capital2 Intermediate goods and services purchased 3.......... Durable goods..................... Aircraft............................. Missiles........................... Ships............................... Vehicles........................... Electronics....................... Other durable goods........ Nondurable goods............... Petroleum products......... Ammunition..................... Other nondurable goods... Services.............................. Installation support.......... Weapons support............ Personnel support........... Transportation of material Travel of persons............. Less: Own-account investment4 Less: Sales to other sectors........ Gross investment5......................... Structures.................................... Equipment................................... Aircraft..................................... Missiles.................................... Ships....................................... Vehicles................................... Electronics............................... Other equipment...................... Intellectual property products...... Software.................................. Research and development..... 1 100.802 2 102.259 97.562 100.446 99.523 102.995 Seasonally adjusted 2013 Line IV I II III 94.506 95.892 91.731 93.502 91.592 92.746 91.442 92.325 3 102.230 99.420 102.749 95.867 93.556 92.799 92.390 4 104.670 103.769 103.678 103.219 102.690 102.370 100.770 5 104.278 102.245 102.041 101.227 100.332 99.785 6 101.209 98.546 98.290 97.411 96.488 96.362 7 110.286 109.480 109.379 108.697 107.858 106.466 97.166 96.180 98.977 8 105.303 106.218 106.309 106.419 106.479 106.528 106.578 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 98.806 93.355 101.415 85.645 80.869 79.504 80.755 97.061 94.846 97.599 95.349 86.111 88.983 87.302 121.621 130.731 133.650 139.632 116.563 120.201 121.833 79.903 73.044 76.304 70.106 61.539 79.514 75.844 88.847 93.860 106.454 93.302 265.327 296.761 276.394 82.409 68.136 72.773 63.816 46.636 46.377 46.218 78.894 68.675 70.364 66.762 55.622 60.326 53.726 95.228 91.460 93.606 86.447 87.704 80.857 81.255 99.388 92.299 88.716 91.857 86.143 74.663 73.785 105.751 96.806 87.385 98.707 95.901 72.411 66.864 95.593 95.044 107.415 95.679 70.317 72.826 90.155 92.945 86.106 85.739 81.159 78.466 81.111 80.092 98.983 93.073 104.235 82.313 78.709 78.034 80.287 94.886 90.592 101.616 79.771 79.894 79.376 79.888 105.229 98.457 123.969 73.810 74.133 73.791 73.431 100.076 98.092 107.727 91.613 85.763 86.052 91.292 94.279 62.202 58.414 52.511 46.003 41.339 38.125 93.050 82.771 82.303 77.036 68.428 62.565 61.186 101.997 96.694 96.106 95.078 95.103 94.982 94.557 98.808 96.910 97.018 95.896 94.556 90.243 91.943 29 95.622 90.571 91.346 30 76.371 46.903 39.747 31 98.671 97.474 101.080 32 144.740 154.237 174.785 33 95.089 124.875 121.471 34 97.671 98.718 95.521 35 76.177 59.079 60.727 36 80.692 71.463 72.988 37 94.017 90.200 91.966 38 96.483 92.663 92.026 39 111.692 112.539 112.251 40 94.926 90.647 89.976 Gross output of general government.............................. Value added............................. Compensation of general government employees.... Military............................. Civilian............................. Consumption of general government fixed capital2 Intermediate goods and services purchased 3........... Durable goods..................... Aircraft............................. Missiles........................... Ships................................ Vehicles........................... Electronics....................... Other durable goods........ Nondurable goods............... Petroleum products.......... Ammunition...................... Other nondurable goods... Services.............................. Installation support.......... Weapons support............ Personnel support........... Transportation of material Travel of persons.............. Less: Own-account investment4 Less: Sales to other sectors........ Gross investment5........................ Structures Equipment Aircraft. Missiles Ships.... Vehicles Electronics............................... Other equipment...................... Intellectual property products...... Software................................... Research and development..... 87.509 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and sen/ices and is classified as investment in structures, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. National defense consumption expenditures and gross investment........ Consumption expenditures 1........ 88.342 85.413 2012 2012 III 47.925 36.679 36.734 36.459 95.848 89.786 94.172 96.449 146.926 167.382 167.290 188.916 127.164 99.341 120.483 144.394 107.229 85.906 104.810 105.510 57.303 37.535 43.924 39.963 69.912 60.028 64.214 58.372 86.667 84.492 82.454 79.241 91.918 91.638 91.578 91.016 113.888 114.605 112.122 111.907 89.698 89.321 89.497 88.901 89.580 2011 2013 IV I II III 1 105.191 106.252 106.322 106.542 107.283 107.512 107.816 2 105.693 106.824 106.857 107.221 108.061 108.243 108.584 3 105.678 106.808 106.844 107.199 108.031 108.218 108.554 4 104.672 105.698 105.809 106.037 106.992 107.372 107.681 5 105.301 106.245 106.328 106.653 107.933 108.351 108.734 6 104.443 106.028 106.181 106.645 108.486 108.833 109.156 7 106.923 106.715 106.671 106.746 107.036 107.579 108.073 8 103.676 104.826 104.980 105.061 105.528 105.854 106.053 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 107.147 100.775 100.325 100.813 101.298 101.882 99.735 102.038 137.066 175.245 106.563 106.000 104.999 107.746 103.946 102.943 111.301 108.166 105.454 104.325 29 30 31 32 33 34 35 36 37 38 39 40 103.393 104.185 104.396 104.068 104.433 104.839 105.007 102.058 102.472 103.501 106.515 107.255 101.300 96.603 102.159 104.857 99.852 105.429 108.438 101.689 101.139 102.715 101.807 103.655 100.043 103.097 138.415 176.288 107.229 108.041 106.374 108.351 106.104 104.474 111.906 109.353 106.432 106.042 105.110 102.762 100.935 109.325 108.599 104.940 96.104 103.087 105.926 99.504 106.678 108.354 101.773 101.285 102.657 101.756 103.496 100.011 103.271 136.442 171.788 106.846 108.280 106.487 108.309 106.467 104.663 111.598 108.430 106.520 106.193 105.612 102.882 101.139 109.431 109.100 104.790 95.784 103.198 106.219 99.354 107.027 108.913 101.765 101.138 102.908 101.807 104.273 99.990 103.270 140.332 179.663 107.443 109.115 106.775 108.579 106.462 105.008 111.730 109.448 106.634 106.447 106.114 102.328 98.972 108.442 108.164 107.262 95.805 103.271 106.083 99.158 106.900 109.527 102.167 101.426 102.437 101.538 104.327 100.832 104.010 141.641 181.764 109.851 108.965 107.350 109.457 106.925 105.358 112.719 111.167 107.233 107.176 106.694 102.391 98.293 106.933 108.561 106.659 96.475 103.988 106.790 99.610 107.640 109.361 102.726 102.074 103.964 101.827 104.171 101.196 104.386 135.032 166.815 110.141 108.978 107.829 109.908 107.286 105.645 113.954 114.045 107.542 107.395 107.550 102.940 99.092 109.539 108.503 106.186 96.822 104.355 106.981 99.885 107.820 109.744 102.673 102.071 103.516 101.895 103.790 101.223 104.363 137.660 172.691 110.735 109.347 108.061 110.487 107.663 106.074 112.224 110.504 107.721 107.816 108.106 102.688 98.413 108.685 108.872 105.617 96.778 104.342 107.637 99.815 108.571 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and devel opment. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. November 2013 S urvey of D-39 C u r r e n t B u s in e s s Table 3.11.5. National Defense Consumption Expenditures and Gross Investment by Type Table 3.11.6. Real National Defense Consumption Expenditures and Gross Investment by Type, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 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.......................... Ships............................... Vehicles........................... Electronics....................... Other durable goods........ Nondurable goods............... Petroleum products......... Ammunition..................... Other nondurable goods... Services.............................. Installation support.......... Weapons support............ Personnel support........... Transportation of material Travel of persons............. Less; Own-account investment4 Less: Sales to other sectors........ Gross investment5........................ Structures.................................... Equipment.................................. Aircraft.................................... Missiles.................................... Ships. Vehicles................................... Electronics.............................. Other equipment...................... Intellectual property products...... Research and development Line 2013 IV I II 835.8 662.8 817.1 652.0 841.9 675.0 793.7 630.6 775.8 619.7 776.3 615.7 777.2 614.9 3 4 687.7 409.2 675.9 409.6 698.8 409.7 654.2 408.7 643.4 410.3 639.3 410.5 638.4 405.2 5 6 7 251.2 160.7 90.6 248.6 158.8 89.7 248.3 158.6 89.6 247.0 157.9 89.1 247.8 159.1 88.7 247.4 159.4 88.0 241.7 159.6 82.2 2012 III National defense consumption expenditures and gross investment........ Consumption expenditures 1........ 8 157.9 161.1 161.4 161.7 162.5 163.1 163.5 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 278.5 44.8 17.9 3.6 0.6 2.9 8.9 10.8 33.3 19.4 4.3 9.7 200.4 45.1 35.7 96.4 13.8 9.5 20.9 3.9 266.3 44.2 19.4 3.4 0.7 2.5 7.8 10.5 31.2 17.8 4.3 9.1 190.9 43.3 34.1 95.9 9.1 8.5 20.0 3.9 289.1 45.5 19.9 3.5 0.8 2.6 7.9 10.7 29.6 15.7 4.8 9.1 214.1 48.5 43.1 105.5 8.6 8.4 19.9 3.9 245.5 44.4 20.7 3.3 0.7 2.3 7.5 9.9 31.5 18.5 4.3 8.7 169.5 38.2 25.6 90.0 7.7 7.9 19.7 3.9 233.1 40.3 17.4 2.9 1.9 1.7 6.3 10.1 29.8 18.2 3.2 8.4 163.0 38.5 25.9 84.6 6.8 7.2 19.8 3.8 228.8 41.9 18.0 3.7 2.2 1.7 6.9 9.4 24.6 12.6 3.4 8.7 162.3 38.5 25.8 85.1 6.2 6.7 19.9 3.7 233.2 41.1 18.3 3.6 2.0 1.7 6.1 9.4 24.8 12.1 4.2 8.6 167.3 38.9 25.8 90.6 5.6 6.4 19.8 3.8 Gross output of general government.............................. Value added............................. Compensation of general government employees.... Military............................. Civilian............................. Consumption of general government fixed capital2 Intermediate goods and services purchased 3........... Durable goods..................... Aircraft............................. Missiles............................ Ships................................ Vehicles........................... Electronics....................... Other durable goods........ Nondurable goods............... Petroleum products.......... Ammunition...................... Other nondurable goods... Services............................... Installation support.......... Weapons support............ Personnel support........... Transportation of material Travel of persons.............. Less: Own-account investment4 Less: Sales to other sectors........ 29 30 31 32 33 34 35 36 37 38 39 40 173.0 165.1 166.9 163.1 156.1 160.5 162.3 Gross investment5........................ 13.4 87.0 20.2 5.1 11.7 7.1 10.3 32.6 72.7 7.6 65.0 8.4 86.2 21.0 6.9 11.9 5.7 9.1 31.5 70.5 7.7 62.9 7.2 89.5 23.8 6.7 11.6 5.9 9.3 32.2 70.2 7.6 62.6 8.7 84.4 19.6 7.0 12.9 5.7 8.9 30.3 70.0 7.7 62.3 6.7 79.1 22.2 5.4 10.4 3.7 7.7 29.8 70.3 7.8 62.5 6.8 83.4 22.3 6.7 12.7 4.3 8.2 29.2 70.4 7.7 62.7 6.8 85.2 25.1 7.9 12.8 3.9 7.5 28.0 70.4 7.6 62.7 Structures................................... Equipment.................................... Aircraft.................................... Missiles.................................... Ships....................................... Vehicles................................... Electronics.............................. Other equipment...................... Intellectual property products...... 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2012 III 2 1 2011 Research and development..... 2013 IV I II III 2 794.6 627.1 769.1 610.4 791.8 631.7 745.0 588.1 723.1 573.4 722.0 568.8 720.8 566.2 3 4 650.7 390.9 632.9 387.5 654.0 387.2 610.2 385.5 595.5 383.5 590.7 382.3 588.1 376.3 5 6 7 238.6 153.8 84.7 233.9 149.8 84.1 233.5 149.4 84.0 231.6 148.1 83.5 229.6 146.7 82.8 228.3 146.5 81.8 222.3 146.2 76.0 1 8 152.3 153.6 153.8 153.9 154.0 154.1 154.2 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 260.0 44.5 17.9 3.6 0.6 2.9 8.9 10.6 24.3 11.1 4.0 9.1 190.9 41.8 34.3 93.7 12.4 8.8 19.8 3.8 245.6 43.4 19.2 3.3 0.7 2.4 7.7 10.1 22.6 10.1 4.0 8.4 179.5 39.9 32.1 91.8 8.2 7.8 18.8 3.7 266.8 44.7 19.6 3.5 0.8 2.6 7.9 10.4 21.7 9.1 4.5 8.4 201.0 44.8 40.4 100.8 7.7 7.7 18.7 3.7 225.3 43.7 20.5 3.2 0.7 2.2 7.5 9.6 22.5 10.3 4.0 8.0 158.7 35.2 24.1 85.8 6.9 7.3 18.5 3.6 212.8 39.4 17.1 2.8 1.9 1.6 6.3 9.7 21.1 10.0 2.9 7.7 151.8 35.2 24.2 80.3 6.0 6.4 18.5 3.6 209.2 40.8 17.6 3.6 2.1 1.6 6.8 9.0 18.3 7.6 3.0 8.0 150.5 35.0 24.1 80.5 5.4 5.9 18.5 3.4 212.5 40.0 17.9 3.4 2.0 1.6 6.1 9.0 18.0 7.0 3.8 7.9 154.8 35.2 24.0 85.5 5.0 5.8 18.4 3.5 29 30 31 32 33 34 35 36 37 38 39 40 41 167.3 158.5 159.8 156.8 149.5 153.1 154.6 13.1 84.9 19.5 4.8 10.9 7.0 10.7 31.9 69.3 7.6 61.7 0.5 8.0 83.9 20.8 6.3 11.0 5.4 9.5 30.6 66.6 7.7 58.9 0.2 6.8 87.0 23.6 6.2 10.6 5.6 9.7 31.2 66.1 7.7 58.5 -1.1 8.2 82.5 19.8 6.4 11.9 5.3 9.3 29.4 66.0 7.8 58.3 -0.1 6.3 77.2 22.6 5.0 9.6 3.5 7.9 28.6 65.8 7.8 58.1 0.2 6.3 81.0 22.6 6.1 11.7 4.0 8.5 28.0 65.8 7.7 58.2 -1.8 6.2 83.0 25.5 7.3 11.8 3.7 7.7 26.9 65.4 7.7 57.8 -2.5 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction, software, and research and development). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. N ote . Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D—40 November 2013 4. Foreign Transaction s Table 4.1. Foreign Transactions in the National Income and Product Accounts [Billions of dollars] Seasonally adjusted at annual rates Line Current receipts from the rest of the world............................................................... Exports of goods and services............................................................................................ Goods 1........................................................................................................................... Durable.. Nondurable Services 1 Income receipts Wage and salary receipts................................................................................................. Income receipts on assets Interest........................ Dividends.................... Reinvested earnings on U.S. direct investment abroad............................................... Current payments to the rest of the world................................................................. Imports of goods and services Goods 1........................... Durable........................ Nondurable.................. Services 1........................................................................................................................ Income payments.............. Wage and salary payments Income payments on assets Interest........................ Dividends..................................................................................................................... Reinvested earnings on foreign direct investment in the United States....................... Current taxes and transfer payments to the rest of the world (net)................................ From persons (net)........................................................................................................... From government (net)..................................................................................................... From business (net)......................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 ?? ?4 25 26 27 28 Balance on current account, NIPAs............................................................................ Addenda: Net lending or net borrowing (-), NIPAs........................................................................... Balance on current account, NIPAs.............................................................................. Less: Capital account transactions (net)2................................................................... 30 31 32 2011 2012 2012 2013 III IV II III 2,904.0 2,101.2 3,014.5 2,195.9 3,011.2 2,199.2 3,043.5 2,213.7 3,027.5 2,214.2 I 3,055.9 2,238.9 2,268.8 1,473.6 897.4 576.2 627.6 1,536.0 946.1 589.9 659.9 1,545.6 945.8 599.8 653.6 1,538.3 942.6 595.7 675.5 1,531.6 942.0 589.7 682.6 1,548.8 969.1 579.7 690.2 1,574.1 962.0 612.1 694.7 802.8 818.6 812.0 829.8 813.3 817.0 6.1 796.7 143.0 292.6 361.1 6.3 812.3 146.3 297.9 368.1 6.3 805.7 144.6 306.5 354.6 6.6 823.3 146.1 2781 399.1 6.6 806.7 149.2 303 2 354.2 6.6 810.4 151 6 293 4 365.3 3,360.9 2,669.9 3,453.5 2,743.1 3,432.3 2,723.5 3,444.9 2,729.5 3,465.5 2,737.3 3,474.6 2,747.9 2,761.9 2,234.6 1,234.5 1,000.1 435.3 2,295.4 1,324.9 970.5 447.7 2,275.0 1,322.9 952.1 448.6 2,279.6 1,332.2 947.5 449.9 2,281.9 1,327.5 954.5 455.3 2,288.7 1,356.2 932.5 459.3 2,300.5 1,360.5 940.0 461.4 542.1 565.7 564.4 572.8 575.9 570.1 14.2 527.9 310.7 136.2 81.0 14.6 551.1 304.1 141.1 105.9 14.8 549.6 301.0 137.2 111.5 14.6 558.2 299.1 145 7 113.4 14.4 561.5 302 5 156 0 103.0 15.1 555.0 299 4 130 8 124 8 149.0 144.6 144.3 142.6 152.4 156.6 154.9 74.1 52.8 22.1 71.9 45.4 27.3 67.9 48.7 27.7 74.4 34.4 33.8 75.9 41.5 35.0 75.7 46.1 34.8 74.9 46.1 33.9 -457.0 -439.0 -421.1 -401.4 -438.1 -418.7 -458.6 -457.0 1.7 -432.4 -439.0 -6.6 -423.4 -421.1 2.3 -371.1 -401.4 -30.3 -438.5 -438.1 0.5 -419.1 -418.7 0.4 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. November 2013 S urvey of D-41 C u r r e n t B u s in e s s Table 4.2.1. Percent Change From Preceding Period in Real Exports and in Real Imports of Goods and Services by Type of Product Table 4.2.2. Contributions to Percent Change in Real Exports and in Real Imports of Goods and Services by Type of Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 Exports of goods and services............................... Exports of goods 1......................... Foods, feeds, and beverages....... Industrial supplies and materials Durable goods......................... Nondurable goods................... Capital goods, except automotive Civilian aircraft, engines, and parts.................................... Computers, peripherals, and parts.................................... Other....................................... Automotive vehicles, engines, and parts....................................... Consumer goods, except automotive.............................. Durable goods......................... Nondurable goods................... Other.......................................... Line 2013 IV III I II 7.1 7.1 3.5 3.8 0.4 1.6 1.1 -3.0 -1.3 -2.8 8.0 9.4 4.5 6.4 Exports of goods and services.............................. -0.4 6.5 3.4 7.8 9.3 -0.9 1.8 0.0 2.5 6.1 17.7 -4.0 -9.8 -1.5 4.7 -33.8 0.8 -9.6 5.3 -5.1 -0.8 -0.2 13.5 -5.3 -4.4 -27.4 9.0 -3.9 14.6 14.2 41.9 17.0 5.1 21.9 -0.6 Percentage points at annual rates: 8 7.6 14.5 43.9 0.4 -10.3 56.5 22.1 9 10 16.6 8.7 1.1 4.9 -5.6 -1.7 -3.3 -6.7 11.9 -4.7 0.7 6.8 0.4 -6.4 1 2 3 4 5 6 7 8.1 -6.3 -2.4 3.1 21.0 -3.7 12 13 14 15 4.5 9.5 -1.2 -0.4 2.4 0.3 4.9 5.5 -2.1 -8.1 5.5 19.5 3.3 4.7 1.6 62.4 0.2 7.2 -7.6 -28.6 36.5 54.7 16.7 -27.5 -16.6 -22.0 -9.3 35.8 Exports of services 1.................... 16 7.0 3.0 -2.6 11.3 2.2 4.8 0.6 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 30.0 6.3 6.9 -0.7 9.5 6.2 8.0 -2.5 6.2 3.2 -0.7 1.1 3.6 -2.5 5.0 8.4 1.7 -6.4 -0.2 -8.2 -4.9 57.6 3.9 -0.8 -4.4 5.1 20.4 -5.5 -11.7 9.4 1.1 19.3 2.2 -1.6 -5.7 14.7 8.1 13.7 -0.3 4.7 2.8 1.4 7.9 0.2 3.7 -3.6 3.4 -0.4 -4.6 24 4.9 5.2 2.2 2.1 0.5 0.4 -3.1 -3.5 0.6 -0.2 6.9 7.5 1.9 1.8 11.9 3.6 -8.3 Imports of services 1..................... Direct defense expenditures........ Travel.......................................... Passenger fares........................... Other transportation.................... Royalties and license fees........... Other private services................. Other.......................................... 25 26 2.0 3.7 8.3 3.7 27 28 29 30 31 6.6 8.8 4.3 -1.9 13.8 2.7 5.9 -0.6 -8.2 7.2 8.4 -9.5 31.5 -5.5 -5.7 -11.2 -0.9 -20.8 -10.7 2.4 10.0 21.4 -1.1 -10.7 -0.7 -0.7 -1.1 -0.2 -3.6 2.9 8.9 -1.2 20.9 -1.1 3.7 32 9.4 7.1 0.3 67.4 -10.7 5.1 -8.5 33 34 7.4 16.6 3.9 8.3 -20.9 -1.1 29.8 -9.8 -10.1 3.8 -12.8 8.0 7.6 4.1 35 9.7 14.8 7.3 -4.5 -12.1 29.0 15.1 36 37 38 39 4.5 3.8 5.3 -12.1 -1.0 1.1 -3.4 5.1 2.3 6.1 -1.8 -1.2 3.1 13.2 -7.6 -20.9 0.4 -6.8 9.5 55.1 8.8 20.0 -3.1 48.5 -0.2 2.0 -2.7 -27.7 40 41 42 43 44 45 46 47 3.1 2.7 1.0 -1.0 5.0 4.0 2.2 -7.8 1.0 6.3 1.6 4.2 5.8 -5.6 -6.8 7.0 4.7 2.2 12.8 0.9 -9.6 -2.6 -7.9 0.2 1.3 12.5 3.8 -13.3 -27.3 -5.3 -10.4 1.1 -18.0 9.5 3.4 -19.3 5.4 14.7 16.5 12.4 2.9 -15.2 -11.1 4.8 6.1 12.1 7.7 2.0 10.2 -5.1 5.0 7.5 5.8 5.5 -0.5 -5.0 48 49 50 51 62 53 54 9.0 4.1 -1.3 8.1 8.9 0.7 7.0 4.8 2.2 0.8 4.1 7.2 ^t.1 4.8 -0.2 4.7 16.7 0.1 -0.8 2.0 1.7 -2.5 -3.7 -32.9 1.0 1.7 -10.5 -1.9 -0.7 -6.2 -0.6 -3.1 -0.9 0.7 2.2 14.5 1.6 -24.6 13.5 12.9 0.2 9.9 -1.9 21.3 37.6 3.7 3.9 -1.1 2.4 Addenda: Exports of durable goods............ Exports of nondurable goods...... Exports of agricultural goods 2.... Exports of nonagricultural goods Imports of durable goods............. Imports of nondurable goods....... Imports of nonpetroleum goods... 1. 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. 2012 2013 IV I III II Percent change at annual rate: 16.6 Foods, feeds, and beverages....... Industrial supplies and materials, except petroleum and products Durable goods......................... Nondurable goods................... Petroleum and products.............. Capital goods, except automotive Civilian aircraft, engines, and parts.................................... Computers, peripherals, and parts................................... Other...................................... Automotive vehicles, engines, and parts....................................... Consumer goods, except automotive............................... Durable goods......................... Nondurable goods................... Other.......................................... 2012 III 11 Imports of goods and services............................... Imports of goods 1........................ 2011 III 1 7.1 2 3 4 5 6 7 8 0.29 0.56 9 10 0.37 1.53 0.03 0.85 11 0.99 0.51 12 13 14 15 0.39 0.44 -0.05 -0.01 0.20 0.01 0.18 0.16 16 2.11 17 18 19 20 21 22 23 0.21 0.35 0.12 -0.02 0.54 0.85 0.06 24 4.9 2.2 Imports of goods 1......................... Foods, feeds, and beverages....... Industrial supplies and materials, except petroleum and products Durable goods......................... Nondurable goods................... Petroleum and products............... Capital goods, except automotive Civilian aircraft, engines, and parts................................... Computers, peripherals, and parts.................................... Other....................................... Automotive vehicles, engines, and parts........................................ Consumer goods, except automotive.............................. Durable goods......................... Nondurable goods................... Other........................................... 25 26 4.34 0.08 27 28 29 30 31 Imports of services 1..................... Direct defense expenditures........ Travel........................................... Passenger fares........................... Other transportation..................... Royalties and license fees........... Other private services.................. Other........................................... Exports of goods 1........................ Foods, feeds, and beverages....... Industrial supplies and materials Durable goods......................... Nondurable goods................... Capital goods, except automotive Civilian aircraft, engines, and parts.................................... Computers, peripherals, and parts.................................... Other....................................... Automotive vehicles, engines, and parts........................................ Consumer goods, except automotive............................... Durable goods......................... Nondurable goods................... Other........................................... Exports of services 1..................... Transfers under U.S. military agency sales contracts............ Travel........................................... Passenger fares........................... Other transportation..................... Royalties and license fees........... Other private services.................. Other........................................... 3.5 0.4 4.97 2.64 -0.02 1.43 0.24 1.19 2.20 -0.06 0.40 0.00 0.40 1.43 8.0 4.5 -1.99 6.49 4.37 -0.04 -0.05 0.78 -0.83 -1.06 -1.79 1.92 -0.24 2.16 3.27 1.95 3.45 0.30 3.16 -0.12 0.02 -0.47 2.08 0.99 -0.07 -1.22 0.24 -0.83 0.02 1.16 0.01 -1.12 0.20 1.31 -0.25 0.02 0.31 -0.30 -1.06 2.71 2.11 0.60 -0.92 -1.54 -1.18 -0.36 0.87 1.1 -1.3 1.15 -2.11 1.04 -0.90 -0.66 -0.24 1.11 -2.60 0.16 -0.63 0.79 -1.27 1.54 -0.13 -0.30 -0.43 -0.16 -0.18 -0.38 0.20 0.51 0.27 0.21 0.06 1.50 0.89 -0.78 3.23 0.66 1.49 0.18 -0.02 0.35 0.06 -0.01 0.07 0.48 -0.02 0.04 0.46 0.03 -0.13 -0.01 -1.13 -0.03 0.36 0.22 -0.01 -0.09 0.28 2.50 -0.04 -0.10 0.54 0.02 0.35 0.12 -0.23 -0.04 0.12 0.48 0.24 -0.01 0.27 0.39 0.01 0.06 0.02 0.06 -0.07 0.19 -0.06 -0.03 0.5 -3.1 0.6 6.9 1.9 1.78 0.34 -2.96 -0.19 6.23 1.49 0.15 0.33 0.15 0.47 0.16 -0.37 0.70 0.47 0.23 -0.32 2.53 0.29 0.32 -0.03 -1.43 1.39 0.87 -0.54 1.41 -0.87 -1.17 -1.25 -0.04 -1.20 -1.70 0.49 1.02 1.08 -0.06 -1.70 -0.14 -0.05 -0.05 0.00 -0.52 0.60 0.91 -0.07 0.98 -0.16 0.74 32 0.12 0.10 0.01 0.80 -0.19 0.08 -0.14 33 34 0.35 2.06 0.17 1.12 -1.02 -0.16 1.15 -1.46 -0.47 0.52 -0.59 1.11 0.31 0.57 35 0.91 1.42 0.77 -0.50 -1.40 2.84 1.60 36 37 38 39 0.90 0.41 0.50 -0.47 -0.20 0.11 -0.31 0.16 0.44 0.60 -0.16 -0.03 0.60 1.29 -0.69 -0.76 0.07 -0.73 0.81 1.48 1.70 1.97 -0.27 1.50 -0.03 0.21 -0.24 -1.21 40 41 42 43 44 45 46 47 0.53 0.44 0.16 -0.17 0.81 0.68 0.36 -0.09 0.03 0.07 0.03 0.06 0.45 -0.02 -0.07 0.20 0.06 0.05 0.17 0.07 -0.03 -0.02 -0.25 0.00 0.03 0.17 0.27 -0.04 -0.28 -0.16 -0.14 0.02 -0.29 0.67 0.01 -0.18 0.16 0.18 0.32 0.17 0.21 -0.05 -0.10 0.15 0.08 0.25 0.11 0.16 0.03 -0.04 0.15 0.10 0.12 0.08 -0.03 -0.01 Percent change at annual rate: Imports of goods and services.............................. Percentage points at annual rates: 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. National Data D-42 November 2013 Table 4.2.3. Real Exports and Imports of Goods and Services by Type of Product, Quantity Indexes Table 4.2.4. Price Indexes for Exports and Imports of Goods and Services by Type of Product [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III Exports of goods and services............................... Exports of goods 1........................ Foods, feeds, and beverages....... Industrial supplies and materials Durable goods......................... Nondurable goods................... Capital goods, except automotive Civilian aircraft, engines, and parts................................... Computers, peripherals, and parts................................... Other...................................... Automotive vehicles, engines, and parts....................................... Consumer goods, except automotive............................... Durable goods......................... Nondurable goods................... Other.......................................... Exports of services 1..................... Transfers under U.S. military agency sales contracts............ Travel.......................................... Passenger fares........................... Other transportation.................... Royalties and license fees........... Other private services................. Other.......................................... Imports of goods and services............................... Imports of goods 1........................ Foods, feeds, and beverages....... Industrial supplies and materials, except petroleum and products Durable goods......................... Nondurable goods................... Petroleum and products.............. Capital goods, except automotive Civilian aircraft, engines, and parts................................... Computers, peripherals, and parts.................................... Other...................................... Automotive vehicles, engines, and parts....................................... Consumer goods, except automotive.............................. Durable goods......................... Nondurable goods................... Other.......................................... Imports of services 1..................... Direct defense expenditures........ Travel.......................................... Passenger fares........................... Other transportation.................... Royalties and license fees........... Other private services................. Other.......................................... Seasonally adjusted 2013 IV I II Line 1 119.367 123.590 123.851 124.196 123.781 126.181 127.590 2 3 4 5 6 7 122.470 127.100 128.000 127.038 126.126 128.995 130.999 109.948 123.070 121.054 123.923 124.269 108.907 125.243 121.062 127.026 131.841 115.452 125.142 120.323 127.194 133.029 104.158 125.380 117.321 128.838 131.284 103.959 125.310 121.088 127.112 129.823 95.974 128.029 119.883 131.506 134.215 104.749 133.155 121.371 138.172 134.027 16 112.939 116.297 115.199 118.321 118.961 120.372 120.542 Exports of services 1..................... 9 139.057 140.637 138.029 136.887 140.791 141.032 141.169 10 128.703 134.999 135.982 133.629 132.026 134.203 131.992 11 159.122 171.984 171.423 170.364 171.680 180.049 178.363 115.016 113.274 109.359 107.746 117.841 112.091 109.825 112.137 120.322 112.850 107.028 119.175 116.103 107.040 108.453 122.188 113.960 106.330 118.179 113.500 106.392 121.506 123.362 113.743 105.140 119.657 118.904 104.900 117.787 126.172 114.067 109.875 120.298 118.411 103.378 121.895 128.642 117.791 109.779 121.692 119.222 103.734 124.240 128.722 118.864 108.779 122.700 119.100 102.522 24 118.239 120.860 121.358 120.398 120.584 122.615 123.179 25 121.176 123.750 124.282 123.170 123.098 125.341 125.898 26 104.317 108.148 108.751 109.752 112.879 113.877 111.442 Imports of goods and services............................... Imports of goods 1......................... 36 37 38 39 117.910 120.858 114.673 105.570 120.749 130.947 109.973 120.662 40 41 42 43 44 45 46 47 105.934 108.779 109.139 108.855 110.197 111.296 111.896 Imports of services 1...................... 87.958 100.891 101.537 113.555 106.743 111.165 82.701 82.017 107.931 106.285 116.071 120.364 112.159 74.727 82.968 107.464 108.120 116.121 124.328 112.058 72.946 76.601 106.019 105.187 116.448 118.315 114.621 73.567 72.613 107.425 108.847 120.979 121.827 115.436 70.596 70.500 108.690 110.459 124.492 124.112 116.019 72.339 69.583 110.021 112.478 126.260 125.773 115.885 71.425 48 49 50 51 52 53 54 127.327 114.802 109.245 123.940 133.758 106.693 126.878 133.412 117.351 110.163 129.011 143.391 102.312 133.019 133.614 119.238 116.523 129.238 143.559 103.181 133.814 132.759 118.133 105.473 129.559 144.173 100.370 133.175 132.533 116.265 105.310 128.554 143.838 100.556 133.906 137.102 116.716 98.122 132.696 148.274 100.611 137.113 136.429 122.500 106.275 133.921 149.687 100.321 137.924 27 28 29 30 31 122.107 125.065 119.164 98.550 138.010 125.402 132.413 118.462 90.484 147.977 127.637 130.646 124.589 90.185 147.191 123.904 130.344 117.550 87.664 148.067 126.895 136.805 117.220 85.214 147.807 126.687 136.429 117.169 84.428 148.869 129.430 136.002 122.856 84.186 150.242 32 108.701 116.455 114.377 130.098 126.453 128.034 125.228 33 136.356 141.642 134.971 144.053 140.283 135.568 138.059 34 142.196 154.053 155.475 151.509 152.916 155.885 157.457 35 154.579 177.393 179.932 177.894 172.242 183.577 190.161 116.686 122.179 110.770 111.004 117.274 122.848 111.265 112.618 118.181 126.722 109.086 106.198 118.293 124.511 111.595 118.522 120.800 130.306 110.730 130.843 2012 Direct defense expenditures........ Travel........................................... Passenger fares........................... Other transportation..................... Royalties and license fees........... Other private services.................. Other........................................... 2013 IV I II III 1 111.140 112.185 112.114 112.543 112.944 112.034 112.274 2 3 4 5 6 7 113.012 113.507 113.414 113.731 114.060 112.771 112.865 122.232 134.169 123.306 139.461 101.386 129.858 131.195 120.751 136.286 102.229 135.398 129.258 119.172 134.175 102.146 136.146 129.743 120.712 134.185 102.415 135.767 130.330 119.139 135.751 103.045 132.733 127.309 116.756 132.435 102.770 131.519 128.242 115.566 134.294 102.598 8 106.372 109.374 109.868 110.159 110.503 111.003 111.805 9 92.273 92.882 92.280 91.561 91.246 90.969 90.190 10 101.547 101.949 101.812 102.212 103.045 102.578 102.232 11 102.172 103.978 104.130 103.976 104.478 104.449 104.529 12 13 14 15 102.449 100.038 105.108 114.214 103.976 101.877 106.228 114.739 104.128 102.215 106.149 114.672 104.341 102.044 106.832 115.023 103.502 100.772 106.536 115.359 102.834 102.601 100.099 99.933 105.879 105.557 114.034 114.204 16 107.039 109.312 109.293 109.974 110.531 110.451 111.014 17 18 19 20 21 22 23 103.396 108.306 128.785 110.763 104.100 105.112 106.206 104.775 111.371 133.617 113.547 105.889 106.880 110.423 104.963 111.497 132.397 113.162 106.031 106.869 111.101 105.182 111.964 131.975 114.484 106.450 107.784 112.334 105.806 112.297 134.999 114.685 106.775 108.359 111.957 106.171 111.541 130.187 114.191 106.838 109.120 110.199 106.276 112.795 128.496 113.998 107.316 109.837 110.021 24 114.273 114.862 113.570 114.725 114.873 113.411 113.466 25 116.178 116.855 115.316 116.592 116.779 115.028 115.113 26 125.244 123.996 123.139 122.533 122.715 123.975 125.312 27 28 29 30 31 122.018 125.433 118.787 175.172 99.467 117.590 119.732 115.647 179.114 99.669 116.182 117.807 114.795 169.024 99.626 118.280 119.607 117.198 176.471 99.438 119.470 119.948 119.304 176.975 99.237 118.191 116.198 120.739 165.671 98.706 113.137 114.589 111.991 174.740 98.472 32 106.686 112.326 112.940 113.216 113.662 113.827 114.747 33 93.227 91.634 91.763 91.320 91.140 34 101.082 101.412 101.247 101.095 100.819 91.290 99.987 91.271 99.566 35 103.722 105.716 105.782 106.355 106.499 105.427 104.497 36 101.728 103.225 102.978 103.322 37 99.865 100.415 100.046 100.227 38 103.878 106.505 106.405 106.954 39 106.780 108.171 108.000 108.675 40 105.713 105.895 105.740 106.336 41 103.536 98.961 96.789 100.754 42 104.595 104.298 103.981 105.062 43 121.864 129.812 128.652 131.241 44 112.930 112.130 113.030 112.804 45 104.130 105.890 106.031 106.450 46 102.881 102.774 102.747 102.706 47 105.343 106.256 106.299 106.896 103.280 103.185 102.759 99.709 99.365 98.737 107.510 107.733 107.573 109.042 108.632 107.613 106.309 106.165 106.083 102.363 105.440 132.887 112.445 106.775 102.116 107.176 103.056 105.806 132.431 111.403 106.838 101.915 106.998 103.126 105.467 129.999 111.437 107.316 102.090 107.337 105.777 129.138 136.209 111.942 103.337 136.729 106.288 105.192 126.469 133.900 110.740 102.413 133.511 105.793 104.942 127.235 132.898 110.922 101.773 134.974 104.759 Addenda: 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. Transfers under U.S. military agency sales contracts............ Travel........................................... Passenger fares........................... Other transportation..................... Royalties and license fees........... Other private services.................. Other........................................... Foods, feeds, and beverages....... Industrial supplies and materials, except petroleum and products Durable goods......................... Nondurable goods................... Petroleum and products............... Capital goods, except automotive Civilian aircraft, engines, and parts.................................... Computers, peripherals, and parts.................................... Other....................................... Automotive vehicles, engines, and parts........................................ Consumer goods, except automotive............................... Durable goods......................... Nondurable goods................... Other........................................... Addenda: Exports of durable goods............ Exports of nondurable goods...... Exports of agricultural goods 2.... Exports of nonagricultural goods Imports of durable goods............. Imports of nondurable goods....... Imports of nonpetroleum goods... Exports of goods and services............................... Exports of goods 1........................ 118.110 127.657 121.988 131.283 146.423 137.624 105.124 109.256 106.620 106.105 97.903 105.694 8 100.841 115.415 118.919 119.042 115.852 129.583 136.204 17 18 19 20 21 22 23 2012 III Foods, feeds, and beverages....... Industrial supplies and materials Durable goods......................... Nondurable goods................... Capital goods, except automotive Civilian aircraft, engines, and parts................................... Computers, peripherals, and parts.................................... Other....................................... Automotive vehicles, engines, and parts........................................ Consumer goods, except automotive.............................. Durable goods......................... Nondurable goods................... Other........................................... 12 114.264 116.955 117.107 118.058 13 128.863 129.252 127.518 129.006 14 99.881 104.809 106.805 107.229 15 98.889 104.342 102.252 115.435 2011 III Exports of durable goods............. Exports of nondurable goods....... Exports of agricultural goods 2.... Exports of nonagricultural goods Imports of durable goods............. Imports of nondurable goods....... Imports of nonpetroleum goods.... 48 49 50 51 52 53 54 104.898 127.779 126.924 111.651 103.348 135.015 105.863 105.542 127.984 130.276 111.886 103.463 136.629 106.050 105.347 128.081 135.035 111.344 103.181 132.917 105.722 105.667 128.387 135.750 111.625 103.461 135.976 106.147 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. November 2013 S urvey of D-43 C u r r e n t B u s in e s s Table 4.2.5. Exports and Imports of Goods and Services by Type of Product Table 4.2.6. Real Exports and Imports of Goods and Services by Type of Product, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 III Exports of goods and services........................... Exports of goods 1..................... Foods, feeds, and beverages.... Industrial supplies and materials............................... Durable goods...................... Nondurable goods................ Capital goods, except automotive............................ Civilian aircraft, engines, and parts................................. Computers, peripherals, and parts................................. Other.................................... Automotive vehicles, engines, and parts.............................. Consumer goods, except automotive........................... Durable goods...................... Nondurable goods................ Other........................................ II 2,195.9 2,199.2 2,213.7 2,214.2 2,238.9 2,268.8 1,473.6 1,536.0 1,545.6 1,538.3 1,531.6 1,548.8 1,574.1 126.2 132.8 146.7 133.1 132.4 119.5 129.3 484.7 143.3 341.5 482.3 140.3 342.0 474.8 137.6 337.2 477.5 135.9 341.6 479.4 138.4 341.0 478.4 134.3 344.1 501.3 134.6 366.7 7 493.3 527.7 532.0 526.4 523.7 540.0 538.4 8 80.2 94.4 97.7 98.0 95.7 107.5 113.8 9 10 48.4 364.7 49.3 384.0 48.0 386.3 47.3 381.1 48.4 379.6 48.4 384.1 48.0 376.5 11 132.8 146.1 145.9 144.8 146.6 153.7 152.4 12 13 14 15 175.0 97.3 77.7 61.6 181.7 99.3 82.4 65.3 182.2 98.3 83.9 64.0 184.1 99.3 84.8 72.4 182.7 99.8 82.9 66.8 196.2 110.6 85.6 60.9 16 627.6 659.9 653.6 675.5 682.6 690.2 Imports of goods and services........................... 24 25 26 17.3 115.6 36.8 43.1 120.7 279.6 14.5 17.1 126.2 39.4 43.9 124.2 294.5 14.7 16.5 128.3 39.4 43.4 123.3 287.9 14.7 18.6 130.1 39.2 43.4 125.3 304.2 14.7 18.1 133.5 40.2 45.5 126.4 304.5 14.4 18.8 135.1 40.0 45.2 127.9 308.8 14.3 2012 2012 III Exports of goods and services.......................... Exports of goods 1.................... Foods, feeds, and beverages.... Industrial supplies and materials............................. Durable goods..................... Nondurable goods............... Capital goods, except automotive........................... Civilian aircraft, engines, and parts............................... Computers, peripherals, and 2013 IV I II III 1,957.4 1,961.6 1,967.0 1,960.5 1,998.4 2,020.8 1,303.9 1,353.2 1,362.8 1,352.6 1,342.8 1,373.4 1,394.7 1 1,890.5 2 3 103.3 102.3 108.4 97.8 97.6 90.1 98.4 4 5 6 361.3 116.2 244.8 367.6 116.2 251.0 367.3 115.5 251.3 368.0 112.6 254.5 367.8 116.2 251.1 375.8 115.1 259.8 390.9 116.5 273.0 / 486.5 516.2 520.8 514.0 508.3 525.4 524.7 8 75.4 86.3 88.9 89.0 86.6 96.9 101.8 q 10 359.1 376.7 379.4 372.9 368.4 374.5 368.3 11 130.0 140.5 140.1 139.2 140.3 147.1 145.7 187.1 103.8 83.3 65.9 Other................................... Automotive vehicles, engines, and parts............................. Consumer goods, except automotive........................... Durable goods..................... Nondurable goods............... Other....................................... 12 13 14 15 170.8 97.2 73.9 54.0 174.8 97.5 77.6 56.9 175.0 96.2 79.0 55.8 176.4 97.3 79.4 63.0 176.5 99.0 77.8 57.9 190.8 110.5 80.9 53.4 182.3 103.8 78.9 57.7 694.7 Exports of services 1................. 16 586.3 603.7 598.0 614.2 617.5 624.9 625.8 19.2 136.8 39.9 44.8 129.6 310.5 14.1 Transfers under U.S. military agency sales contracts........ Travel....................................... Passenger fares....................... Other transportation................. Royalties and license fees....... Other private services.............. Other....................................... Residual...................................... 17 18 19 20 21 22 23 24 16.7 106.7 28.5 38.9 116.0 266.0 13.7 -2.3 16.3 113.3 29.5 38.6 117.3 275.6 13.3 -4.5 15.7 115.1 29.7 38.4 116.3 269.4 13.3 -3.0 17.6 116.2 29.7 37.9 117.7 282.2 13.1 -4.7 17.1 118.8 29.8 39.7 118.4 281.0 12.9 -5.2 17.7 121.2 30.7 39.6 119.8 283.0 12.9 -8.0 18.0 121.2 31.0 39.3 120.7 282.7 12.8 -2.2 2,669.9 2,743.1 2,723.5 2,729.5 2,737.3 2,747.9 2,761.9 2,234.6 2,295.4 2,275.0 2,279.6 2,281.9 2,288.7 2,300.5 108.3 111.1 111.0 111.4 114.8 117.0 115.7 27 28 29 30 293.0 149.8 143.2 462.1 290.0 151.4 138.6 433.9 291.6 147.0 144.7 408.1 288.2 148.9 139.4 414.1 298.2 156.7 141.5 403.7 294.5 151.4 143.1 374.5 288.0 148.8 139.2 393.8 31 513.5 551.7 548.5 550.7 548.7 549.6 553.4 32 35.6 40.1 39.6 45.2 44.1 44.7 44.1 33 34 119.7 358.2 122.2 389.3 116.6 392.3 123.9 381.7 120.4 384.2 116.5 388.4 118.6 390.7 35 255.2 298.5 303.0 301.2 292.0 308.1 316.3 36 37 38 39 40 41 42 43 44 45 46 47 517.5 273.5 244.0 85.1 519.6 278.0 241.6 90.6 521.0 278.5 242.5 91.8 526.8 287.8 239.0 87.1 527.1 281.3 245.7 97.5 537.7 293.4 244.3 107.3 535.3 293.0 242.3 98.0 435.3 447.7 448.6 449.9 455.3 459.3 461.4 27.8 78.2 31.1 54.6 34.8 199.7 9.1 24.7 83.5 34.7 55.4 39.9 201.2 8.3 24.5 82.8 34.9 55.9 41.3 201.0 8.1 23.5 82.6 34.7 56.0 39.4 205.5 8.3 22.7 84.0 36.3 57.9 40.7 205.8 7.9 22.1 85.3 36.7 59.1 41.5 206.4 8.1 21.9 86.0 36.7 59.9 42.2 206.5 8.0 48 49 50 897.4 576.2 140.0 946.1 589.9 144.9 945.8 599.8 158.8 942.6 595.7 144.5 942.0 589.7 144.8 969.1 579.7 132.6 962.0 612.1 142.5 51 52 53 54 1,333.6 1,234.5 1,000.1 1,772.5 1,391.1 1,324.9 970.5 1,861.5 1,386.8 1,322.9 952.1 1,866.9 1,393.8 1,332.2 947.5 1,865.5 1,386.9 1,327.5 954.5 1,878.2 1,416.2 1,356.2 932.5 1,914.2 1,431.6 1,360.5 940.0 1,906.7 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. 2011 III 4 5 6 17 18 19 20 21 22 23 Addenda: Exports of durable goods......... Exports of nondurable goods.... Exports of agricultural goods 2 Exports of nonagricultural goods................................... Imports of durable goods.......... Imports of nondurable goods.... Imports of nonpetroleum goods I 1 2,101.2 2 3 Exports of services 1................. Transfers under U.S. military agency sales contracts......... Travel....................................... Passenger fares........................ Other transportation................. Royalties and license fees........ Other private services.............. Other....................................... Imports of goods 1..................... Foods, feeds, and beverages.... Industrial supplies and materials, except petroleum and products......................... Durable goods...................... Nondurable goods................ Petroleum and products........... Capital goods, except automotive........................... Civilian aircraft, engines, and parts................................ Computers, peripherals, and parts................................ Other................................... Automotive vehicles, engines, and parts............................. Consumer goods, except automotive........................... Durable goods..................... Nondurable goods............... Other....................................... Imports of services 1................. Direct defense expenditures..... Travel...................................... Passenger fares....................... Other transportation................ Royalties and license fees........ Other private services............. Other....................................... Line 2013 IV Imports of goods and services.......................... Imports of goods 1..................... Foods, feeds, and beverages.... Industrial supplies and materials, except petroleum and products........................ Durable goods..................... Nondurable goods............... Petroleum and products........... Capital goods, except automotive........................... Civilian aircraft, engines, and parts............................... Computers, peripherals, and Other................................... Automotive vehicles, engines, and parts.............................. Consumer goods, except automotive........................... Durable goods..................... Nondurable goods............... Other....................................... Imports of services 1................. Direct defense expenditures.... Travel....................................... Passenger fares....................... Other transportation................. Royalties and license fees....... Other private services.............. Other....................................... Residual...................................... 2b 26 27 2,336.4 2,388.2 2,398.0 2,379.1 1,923.4 1,964.3 1,972.7 1,955.1 2,382.7 2,422.9 2,434.0 1,954.0 1,989.6 1,998.4 86.4 89.6 90.1 90.9 93.5 94.4 92.3 28 29 30 31 240.1 119.4 120.5 263.8 246.6 126.5 119.8 242.2 251.0 124.8 126.0 241.4 243.6 124.5 118.9 234.7 249.5 130.7 118.6 228.1 249.1 130.3 118.5 226.0 254.5 129.9 124.3 225.4 32 516.2 553.5 550.6 553.9 552.9 556.9 562.0 33 33.4 35.7 35.1 39.9 38.8 39.3 38.4 'M 35 354.3 383.9 387.4 377.6 381.1 388.5 392.4 36 246.1 282.4 286.4 283.2 274.2 292.2 302.7 3/ 38 39 40 41 42 43 44 45 46 47 48 49 508.7 273.9 234.9 79.7 503.4 276.8 226.9 83.8 505.9 278.4 227.9 85.0 509.8 287.1 223.4 80.1 510.3 282.1 228.6 89.4 521.1 295.3 226.8 98.7 520.9 296.7 225.2 91.1 411.8 422.8 424.2 423.1 428.3 432.6 434.9 26.8 74.8 25.5 48.4 33.4 194.1 8.7 -16.1 25.0 80.0 26.7 49.4 37.7 195.8 7.8 -35.2 25.3 79.7 27.2 49.5 38.9 195.6 7.7 -35.5 23.3 78.6 26.4 49.6 37.0 200.1 7.7 -39.6 22.1 79.6 27.3 51.5 38.1 201.5 7.4 -42.0 21.5 80.6 27.7 53.0 38.8 202.5 7.6 -46.5 21.2 81.6 28.3 53.8 39.4 202.3 7.5 -48.5 50 51 52 855.5 450.9 110.3 896.4 460.9 111.2 897.8 468.3 117.7 892.0 464.0 106.5 890.5 456.7 106.3 921.2 458.4 99.1 916.7 481.1 107.3 53 54 55 56 1,194.4 1,194.6 740.7 1,674.3 1,243.3 1,280.6 710.3 1,755.3 1,245.5 1,282.1 716.3 1,765.8 1,248.6 1,287.6 696.8 1,757.4 1,238.9 1,284.6 698.1 1,767.0 1,278.8 1,324.2 698.5 1,809.3 1,290.6 1,336.8 696.5 1,820.1 Addenda: Exports of durable goods......... Exports of nondurable goods.... Exports of agricultural goods 3 Exports of nonagricultural goods.................................. Imports of durable goods......... Imports of nondurable goods.... Imports of nonpetroleum goods 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in sen/ices. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggre gate series; accurate estimates of these contributions are shown in table 4.2.2 and real growth rates are shown in table 4.2.1. 3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. For exports and for imports, the residual line is the difference between the aggregate line and the sum of the most detailed lines. D-44 National Data November 2013 5. S aving and Investm ent Table 5.1. Saving and Investment by Sector [Billions of dollars] Seasonally adjusted at annual rates Line 2012 2011 2012 2013 III IV I II Gross saving................................................................................................................. 1 2,461.4 2,672.2 2,606.4 2,812.8 2,871.5 2,969.2 Net saving.............................................................................................................................. Net private saving............................................................................................................... Domestic business.......................................................................................................... Undistributed corporate profits..................................................................................... Inventory valuation adjustment, corporate................................................................... Capital consumption adjustment, corporate................................................................ Households and institutions............................................................................................. Personal saving........................................................................................................... Net government saving....................................................................................................... Federal............................................................................................................................ State and local................................................................................................................ 2 3 4 5 6 7 8 9 10 11 12 8.8 1,470.2 801.9 771.6 -56.0 86.4 668.2 668.2 -1,461.3 -1,248.3 -213.1 129.4 1,491.7 804.3 984.9 -10.0 -170.5 687.4 687.4 -1,362.3 -1,109.7 -252.7 51.2 1,430.6 826.5 1,022.7 -22.0 -174.2 604.1 604.1 -1,379.4 -1,119.3 -260.1 237.8 1,570.5 746.4 928.7 -8.4 -173.9 824.1 824.1 -1,332.7 -1,078.5 -254.2 267.6 1,350.5 848.5 1,021.0 -13.0 -159.5 502.0 502.0 -1,082.9 -853.1 -229.8 337.3 1,195.1 631.9 784.2 8.9 -161.1 563.2 563.2 -857.7 -660.1 -197.6 Consumption of fixed capital................................................................................................ Private................................................................................................................................. Domestic business.......................................................................................................... Households and institutions............................................................................................. Government........................................................................................................................ Federal............................................................................................................................ State and local................................................................................................................ 13 14 15 16 17 18 19 2,452.6 1,974.4 1,571.6 402.9 478.1 256.5 221.7 2,542.9 2,049.3 1,639.4 409.9 493.6 262.3 231.4 2,555.1 2,059.8 1,648.4 411.4 495.3 262.9 232.4 2,575.0 2,077.6 1,661.4 416.2 497.4 263.7 233.7 2,603.8 2,103.3 1,680.6 422.7 500.5 265.6 234.9 2,631.9 2,128.5 1,698.9 429.6 503.4 266.8 236.6 Gross domestic investment, capital account transactions, and net lending, NIPAs 20 2,407.7 2,655.2 2,692.8 2,711.1 2,715.9 2,806.7 Gross domestic investment.................................................................................................. Gross private domestic investment...................................................................................... Domestic business.......................................................................................................... Households and institutions............................................................................................. Gross government investment............................................................................................. Federal............................................................................................................................ State and local................................................................................................................ 21 22 23 24 25 26 27 2,864.7 2,232.1 1,775.4 456.7 632.6 295.4 337.2 3,094.2 2,475.2 1,977.1 498.1 619.0 284.0 334.9 3,113.9 2,493.3 1,993.1 500.2 620.6 286.0 334.6 3,112.5 2,499.9 1,978.2 521.8 612.5 281.4 331.2 3,153.9 2,555.1 2,017.4 537.7 598.8 272.7 326.1 3,225.4 2,621.0 2,063.4 557.6 604.4 276.6 327.8 Capital account transactions (n e t)1.................................................................................... Private................................................................................................................................. Domestic business........................................................................................................... Households and institutions............................................................................................. Government........................................................................................................................ Federal............................................................................................................................ State and local................................................................................................................ 28 29 30 31 32 33 34 1.7 -47.4 -41.3 -6.2 49.1 112.9 -63.8 -6.6 -26.0 -12.4 -13.6 19.5 83.3 -63.9 2.3 -7.4 -9.4 2.0 9.6 72.6 -63.0 -30.3 -62.0 -7.1 -54.9 31.7 102.1 -70.4 0.5 -3.3 -10.7 7.4 3.8 65.2 -61.4 0.4 1.8 -6.6 8.4 -1.4 57.6 -59.1 Net lending or net borrowing (-), NIPAs............................................................................... Private................................................................................................................................. Domestic business........................................................................................................... Households and institutions............................................................................................. Government........................................................................................................................ Federal............................................................................................................................ State and local................................................................................................................ 35 36 37 38 39 40 41 -458.6 1,206.3 585.7 620.6 -1,664.9 -1,400.1 -264.8 -432.4 1,074.7 462.0 612.7 -1,507.1 -1,214.8 -292.4 -423.4 1,090.9 577.7 513.3 -1,514.3 -1,215.0 -299.3 -371.1 1,108.4 335.0 773.4 -1,479.5 -1,198.3 -281.2 -438.5 746.4 366.8 379.6 -1,184.9 -925.4 -259.6 -419.1 538.2 111.5 426.7 -957.3 -727.5 -229.8 Statistical discrepancy.................................................................................................. 42 -53.7 -17.0 86.4 -101.7 -155.6 -162.5 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............................................................................................................ 43 44 45 46 47 48 49 50 51 52 53 54 55 3,444.6 2,373.5 1,071.1 -983.2 -991.8 8.6 412.1 257.6 203.8 53.8 154.5 38.9 115.5 3,540.9 2,443.7 1,097.3 -868.7 -847.4 -21.3 551.3 425.9 337.7 88.2 125.3 21.8 103.6 3,490.4 2,474.9 1,015.5 -884.0 -856.3 -27.7 558.8 433.5 344.6 88.8 125.3 23.1 102.2 3,648.1 2,407.8 1,240.3 -835.3 -814.8 -20.5 537.4 422.4 316.7 105.6 115.1 17.7 97.4 3,453.8 2,529.1 924.7 -582.4 -587.5 5.1 550.1 451.8 336.8 115.0 98.3 7.1 91.2 3,323.6 2,330.8 992.7 -354.4 -393.3 38.9 593.6 492.5 364.5 128.0 101.0 9.8 91.3 Gross saving as a percentage of gross national income............................................... 56 15.5 16.2 15.8 16.8 17.0 17.4 Net saving as a percentage of gross national income................................................... 57 0.1 0.3 2.0 58 59 60 61 62 63 64 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.4 183.7 153.3 69.9 83.5 30.4 0.0 30.4 1.6 Disaster losses 2............................................................................................................... Private......................... Domestic business... Households and institutions......................................................................................... Government................ Federal........................................................................................................................ State and local............................................................................................................ 0.8 45.9 38.3 17.5 20.9 7.6 0.0 7.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1. Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial < Northern Mariana Islands. 2. Consists of damages to fixed assets. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -161.5 592.2 592.2 2,656.3 2,149.9 1,714.6 435.2 506.4 268.1 238.2 3.302.2 2,689.8 2.109.2 580.6 612.4 278.1 334.2 1,027.4 645.9 539.9 394.6 145.3 106.0 10.0 96.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 . Prior to 1982, reflects only capital grants paid to the U.S. territories and the Commonwealths of Puerto Rico and November 2013 S urvey of D-45 C u r r e n t B u s in e s s Table 5.3.1. Percent Change From Preceding Period in Real Private Fixed Investment by Type Table 5.3.2. Contributions to Percent Change in Real Private Fixed Investment by Type [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates ine 2011 2012 2012 III Private fixed investment.... 1 Nonresidential........................... 2 Structures.............................. Commercial and health care Manufacturing...................... Power and communication... Mining exploration, shafts, and wells 1....................... Other structures 2................ Equipment.............................. Information processing equipment........................ Computers and peripheral equipment................... O ther3............................. Industrial equipment............ Transportation equipment.... Other equipment4............... Intellectual property products Software 5........................... Research and development6 Entertainment, literary, and artistic originals............... 2013 IV I Line II III 3 4 5 6 6.2 7.6 2.1 8.3 7.3 12.7 2.7 0.3 5.9 11.6 9.8 17.6 -1.5 -4.6 -25.7 6.5 4.7 17.6 4.1 1.6 12.3 -0.4 -4.1 -7.8 7.9 15.1 18.9 12.0 5.6 17.8 -3.4 17.1 98.0 -0.5 -5.4 -68.3 -5.2 -19.2 37.8 12.4 38.0 17.2 7 8 24.2 -7.5 13.8 8.0 -6.3 5.5 -2.0 -2.5 -1.6 -15.2 30.8 41.0 10.4 -5.6 Commercial and health care Manufacturing...................... Power and communication.... Mining exploration, shafts, and wells 1....................... Other structures 2................ 9 12.7 7.6 -3.9 8.9 1.6 3.3 -3.7 2.3 2.7 -4.5 20.0 -2.7 9.3 -3.8 11 12 13 14 15 -1.5 3.8 15.7 32.2 12.2 5.4 1.7 5.5 22.2 3.9 -33.4 9.2 0.3 -16.9 7.8 80.1 3.1 6.2 1.1 5.6 -15.8 3.0 0.3 -7.6 18.8 -14.9 19.8 -1.0 6.5 -3.1 -1.8 -4.5 17.3 -4.1 -19.2 16 17 18 4.4 3.4 2.8 5.7 3.7 -1.5 2.2 6.1 3.2 5.9 1.6 3.7 2.7 9.4 3.1 7.7 -0.3 -5.9 2.2 3.3 2.4 Information processing equipment........................ Computers and peripheral equipment.................... Other 3............................. Industrial equipment............ Transportation equipment.... Other equipment4............... Intellectual property products 19 2.6 0.3 -0.8 1.9 4.0 2.8 -2.4 20 Structures.............................. Permanent site.................... Single family.................... Multifamily....................... Other structures 7................ 21 22 23 24 25 0.5 0.4 12.9 13.1 14.1 14.3 19.8 20.1 12.5 12.6 14.2 14.3 14.6 14.8 -3.6 -4.6 4.4 2.4 24.2 21.0 47.6 7.7 31.5 27.9 54.8 5.6 42.4 39.9 57.4 8.6 30.8 28.2 46.5 2.4 16.2 12.5 38.2 13.1 9.2 8.5 13.0 18.5 Equipment.............................. 26 4.5 3.0 7.9 6.2 9.3 10.3 8.6 27 1.2 12.9 10.0 18.9 -8.0 15.8 13.6 28 29 30 0.8 2.1 -0.8 12.5 12.6 12.3 8.9 5.9 13.1 19.0 17.5 21.2 -9.8 -25.6 14.7 15.7 17.5 13.5 12.0 12.2 11.7 4.1 4.3 -0.4 14.5 2.4 1.4 -0.3 1. Includes petroleum and mineral exploration. 2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers' commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. Percent change at annual rate: Private fixed investment.... Percentage points at annual rates: Nonresidential............................. Structures................................ 10 31 2012 2012 III Residential................................ Addenda: Private fixed investment in structures............................. Private fixed investment in new structures............................. Nonresidential structures 8... Residential structures 9....... Private fixed investment in information processing equipment and software...... 2011 Equipment............................... Software 5............................ Research and development6 Entertainment, literary, and artistic originals................ Residential................................... Structures................................ Permanent site..................... Single family.................... Multifamily........................ Other structures 7................ Equipment............. ................. Addenda: Private fixed investment in structures............................. Private fixed investment in new structures............................. Nonresidential structures 8... Residential structures 9....... Private fixed investment in information processing equipment and software , 2013 IV I II III 1 6.2 8.3 2.7 11.6 -1.5 6.5 4.1 2 3 4 5 6 6.16 0.38 6.01 2.21 0.28 1.05 8.09 3.10 -3.75 -5.29 3.80 2.90 1.32 2.11 -0.02 -0.08 -0.33 0.34 0.27 0.71 0.49 0.10 0.65 -0.14 0.31 3.08 -0.02 -0.11 -4.67 -0.22 -0.39 1.19 0.49 0.60 0.61 7 8 1.03 -0.22 0.69 0.21 -0.34 0.14 -0.10 -0.06 -0.08 -0.42 1.43 0.90 0.55 -0.15 9 4.55 2.89 -1.48 3.51 0.59 1.27 -1.35 10 0.31 0.34 -0.53 2.21 -0.31 1.05 -0.43 -0.56 0.24 0.02 -0.68 1.56 -0.49 1.55 -0.07 0.56 -0.28 -0.05 -0.38 1.28 -0.34 -1.86 11 12 13 14 15 -0.06 0.36 1.18 2.02 1.05 0.19 0.16 0.45 1.74 0.36 16 17 18 1.22 0.91 0.71 1.49 0.94 -0.37 0.56 0.75 0.38 0.72 0.19 0.43 0.30 1.08 0.35 0.86 -0.04 -0.70 0.25 0.38 0.26 19 0.09 0.01 -0.02 0.06 0.12 0.09 -0.07 20 21 22 23 24 25 0.09 0.07 2.26 2.25 2.40 2.37 3.48 3.46 2.27 2.23 2.69 2.66 2.82 2.79 -0.22 -0.25 0.03 0.29 1.36 1.03 0.32 0.89 1.75 1.34 0.41 0.63 2.48 2.00 0.48 0.98 1.96 1.54 0.42 0.27 1.18 0.78 0.40 1.48 0.70 0.55 0.15 2.09 26 0.02 0.01 0.03 0.02 0.03 0.04 0.03 -1.28 0.75 0.03 -1.66 0.69 1.91 0.30 0.52 0.23 0.54 27 0.45 4.46 3.42 6.56 -3.05 5.56 4.89 28 29 30 0.26 0.37 -0.11 3.81 2.19 1.61 2.70 1.04 1.66 5.81 3.07 2.74 -3.29 -5.24 1.95 4.79 2.90 1.90 3.78 2.10 1.68 31 1.06 1.06 -0.10 3.29 0.55 0.35 -0.06 1. Includes petroleum and mineral exploration. 2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. National Data D-46 November 2013 Table 5.3.3. Real Private Fixed Investment by Type, Quantity Indexes Table 5.3.4. Price Indexes for Private Fixed Investment by Type [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III Private fixed investment.... Nonresidential............................ Structures............................... Commercial and health care Manufacturing...................... Power and communication... Mining exploration, shafts, and w ells' ....................... Other structures 2................ Equipment............................... Information processing equipment........................ Computers and peripheral equipment................... Other 3............................. Industrial equipment............ Transportation equipment Other equipment4............... Intellectual property products Software 5 ........................... Research and development6 Entertainment, literary, and artistic originals............... Residential.................................. Structures............................... Permanent site.................... Single family.................... Multifamily....................... Other structures 7................ Equipment............................... Addenda: Private fixed investment in structures............................. Private fixed investment in new structures............................. Nonresidential structures 8... Residential structures 9....... Private fixed investment in information processing equipment and software...... Seasonally adjusted 2013 IV I II Line 2012 III 1 107.844 116.766 116.675 119.914 119.467 121.362 122.599 2012 III 2013 IV I II III Private fixed investment.... Nonresidential............................ Structures................................ 1 100.506 101.852 102.045 102.386 102.967 103.478 103.870 2 100.524 101.977 102.157 102.350 102.692 103.008 103.300 102.452 103.277 103.296 102.740 103.413 104.101 114.903 115.460 115.902 7 145.453 165.520 165.061 164.224 163.577 174.924 179.312 8 67.828 73.221 74.666 74.188 71.184 77.570 76.452 Commercial and health care Manufacturing...................... Power and communication.... Mining exploration, shafts, and wells 1....................... Other structures 2................ 9 130.639 140.604 139.602 142.609 143.175 144.326 142.970 Equipment............................... 7 101.066 101.132 101.019 101.086 102.931 105.625 107.108 8 98.651 100.778 101.105 101.686 102.748 103.597 104.345 9 98.928 100.187 100.300 100.673 100.601 100.500 100.589 Information processing equipment........................ Computers and peripheral equipment.................... Other3............................. Industrial equipment............ Transportation equipment.... Other equipment4............... 11 92.029 90.060 90.061 89.629 89.401 89.438 89.339 12 99.652 98.840 98.701 98.384 97.931 97.335 96.854 13 103.972 105.783 105.864 106.261 106.462 106.289 106.292 14 94.913 96.994 97.040 98.326 98.304 98.224 98.963 1b 98.426 101.797 102.298 102.707 102.785 103.154 103.318 2 110.225 118.263 117.938 120.717 119.318 120.685 121.165 3 4 5 6 85.360 96.212 96.299 100.282 93.090 96.943 99.785 74.826 69.499 77.324 80.766 79.977 91.902 82.376 81.665 80.306 83.542 89.417 106.073 81.561 82.394 79.602 80.478 78.110 86.247 82.859 84.657 89.732 10 112.415 115.460 112.716 117.963 117.165 119.797 118.646 11 12 13 14 15 108.643 113.940 115.104 256.436 121.854 114.515 115.876 121.380 313.250 126.606 103.457 116.380 121.687 309.996 127.796 119.857 117.282 123.525 310.852 129.561 114.804 118.145 123.613 304.769 135.266 110.257 123.592 123.309 309.621 134.192 109.764 122.181 128.332 306.430 127.235 16 106.388 109.962 110.072 111.617 112.648 112.235 112.856 17 105.082 111.326 111.623 114.156 116.288 114.537 115.478 18 105.595 107.269 107.286 108.106 108.019 108.619 109.261 19 114.498 114.816 114.548 115.079 116.203 117.020 116.311 Intellectual property products Software 5............................ Research and development6 Entertainment, literary, and artistic originals................ 97.964 110.581 111.476 116.635 120.123 124.180 128.494 97.698 110.502 111.404 116.631 120.136 124.214 128.561 Residential................................... Structures................................ 146.121 155.488 112.825 119.354 Permanent site..................... Single family.................... Multifamily........................ Other structures 7................ 26 110.728 114.009 114.532 116.261 118.880 121.819 124.344 Equipment.............................. Addenda: 20 21 22 92.560 114.999 117.839 128.724 137.672 142.939 23 103.645 125.412 127.808 139.000 147.909 152.344 24 52.443 77.426 81.903 91.742 100.932 109.440 25 100.416 108.154 108.036 110.293 110.946 114.402 27 91.140 102.905 103.371 107.934 105.705 109.664 113.208 28 29 30 89.827 101.040 101.327 105.841 103.155 106.974 110.043 85.455 96.223 96.310 100.266 93.135 96.975 99.805 96.320 108.190 108.773 114.120 118.093 121.879 125.303 31 108.745 113.410 112.206 116.080 116.769 117.169 117.086 1. Includes petroleum and mineral exploration. 2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers' commissions and other ownership transfer costs. 2011 Private fixed investment in structures............................ Private fixed investment in new structures............................. Nonresidential structures 8... Residential structures 9....... Private fixed investment in information processing equipment and software,,,, 3 101.748 103.732 103.856 104.164 4 98.306 100.877 101.137 101.565 5 99.345 101.797 101.736 102.076 6 110.451 114.137 114.395 114.690 10 97.387 96.235 96.138 95.791 105.189 106.521 107.255 95.405 94.989 94.614 16 101.789 103.169 103.486 103.325 103.816 104.071 104.360 17 99.161 98.522 98.338 97.992 98.368 98.748 98.643 18 105.550 109.522 110.403 110.412 111.261 111.523 112.146 19 98.942 99.370 99.734 99.726 99.488 99.227 99.948 20 100.392 101.246 101.505 102.500 104.088 105.396 106.186 21 100.564 101.396 101.673 102.691 104.324 105.697 22 99.436 100.191 100.602 101.246 102.920 104.156 23 99.086 99.933 100.323 101.058 103.032 104.471 24 100.473 100.612 100.691 100.758 100.759 100.912 25 101.152 102.026 102.220 103.464 105.068 106.529 26 92.953 94.726 27 101.134 102.541 94.247 94.185 93.689 91.970 106.535 104.635 105.039 100.928 107.603 90.475 102.740 103.405 104.744 106.098 106.887 28 101.907 103.415 103.619 104.011 105.304 106.503 107.075 29 101.789 103.784 103.907 104.205 105.225 106.551 107.277 30 102.115 102.976 103.291 103.809 105.442 106.491 106.881 31 98.244 97.342 97.202 96.856 96.847 96.825 96.583 1. Includes petroleum and mineral exploration. 2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers' commissions on the sale of structures. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. November 2013 Survey of D-47 C u r r e n t B u s in e s s Table 5.3.5. Private Fixed Investment by Type Table 5.3.6. Real Private Fixed Investment by Type, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 III Private fixed investment.... Nonresidential............................ Structures............................... Commercial and health care Manufacturing...................... Power and communication... Mining exploration, shafts, and wells 1....................... Other structures 2................ Equipment............................... Information processing equipment........................ Computers and peripheral equipment................... Other3............................. Industrial equipment............ Transportation equipment.... Other equipment4............... Intellectual property products Software 5........................... Research and development6 Entertainment, literary, and artistic originals............... Residential.................................. Structures............................... Permanent site.................... Single family.................... Multifamily....................... Other structures 7................ Equipment............................... Addenda: Private fixed investment in structures............................. Private fixed investment in new structures............................. Nonresidential structures 8... Residential structures 9....... Private fixed investment in information processing equipment and software...... Line 2013 IV I II 2,409.1 2,411.7 2,486.9 2,491.7 2,543.8 2,579.5 2 1,809.9 1,970.0 1,968.0 2,018.2 2,001.4 2,030.6 2,044.5 3 380.6 437.3 438.3 457.8 429.1 452.6 469.0 4 5 6 93.2 38.9 81.8 103.2 45.8 100.5 105.5 46.0 97.9 105.1 48.0 116.5 105.9 47.7 87.6 105.3 45.5 95.4 108.4 49.6 99.6 7 8 110.2 56.5 125.5 62.3 125.0 63.8 124.5 63.7 126.3 61.8 138.5 67.9 144.0 67.4 9 832.7 907.6 902.2 925.0 928.0 934.6 926.6 10 280.4 284.5 277.5 289.4 286.2 291.4 287.5 11 12 13 14 15 76.8 203.6 182.0 171.8 198.6 79.2 205.4 195.3 214.4 213.4 71.5 206.0 195.9 212.3 216.5 82.5 206.9 199.6 215.7 220.3 78.8 207.5 200.1 211.5 230.2 75.7 215.7 199.3 214.7 229.2 75.3 212.2 207.4 214.0 217.7 16 17 18 596.6 625.0 627.5 635.4 644.3 643.5 648.8 267.6 255.2 281.6 269.1 281.9 271.3 287.3 273.4 293.7 275.2 290.4 277.4 292.5 280.6 19 73.8 74.3 74.4 74.7 75.3 75.6 75.7 20 385.8 377.2 439.2 430.2 443.7 434.7 468.8 459.7 490.3 481.0 513.2 503.9 535.0 525.6 123.2 108.2 15.0 254.0 154.2 132.0 22.2 275.9 158.6 135.1 23.5 276.1 174.3 148.0 26.4 285.3 189.5 160.5 29.0 291.4 199.2 167.6 31.5 304.7 204.5 172.0 32.5 321.1 8.6 9.0 9.0 9.1 9.3 9.3 9.4 26 27 757.8 867.5 873.0 917.4 910.1 956.4 994.7 28 29 30 668.9 381.0 288.0 763.6 437.4 326.2 767.2 438.3 328.9 804.4 457.7 346.8 793.8 429.3 364.5 832.5 452.6 379.9 861.0 469.0 392.0 31 547.9 566.2 559.4 576.6 580.0 581.8 580.0 1. Includes petroleum and mineral exploration. 2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. 2012 2012 III 1 2,195.6 21 22 23 24 25 2011 III Private fixed investment.... Nonresidential............................ Structures.............................. Commercial and health care Manufacturing...................... Power and communication.... Mining exploration, shafts, and wells 1....................... Other structures 2................ Equipment............................. Information processing equipment........................ Computers and peripheral equipment3................. Other4............................. Industrial equipment............ Transportation equipment.... Other equipment5............... Intellectual property products Software °........................... Research and development7 Entertainment, literary, and artistic originals................ 2013 IV I II III 2,365.3 2,363.5 2,429.1 2,420.0 2,458.4 2,483.5 2 1,800.5 1,931.8 1,926.4 1,971.9 1,949.0 1,971.3 1,979.2 3 374.1 421.6 422.0 439.4 407.9 424.8 437.3 1 2,184.6 4 5 6 94.8 39.1 74.1 102.3 45.0 88.0 104.4 45.2 85.6 103.5 47.0 101.6 103.3 46.4 76.2 102.0 44.0 82.6 105.0 47.7 85.9 7 8 109.0 57.3 124.1 61.9 123.7 63.1 123.1 62.7 122.6 60.1 131.1 65.5 134.4 64.6 9 841.7 905.9 899.5 918.8 922.5 929.9 921.2 10 287.9 295.7 288.6 302.1 300.0 306.8 303.8 11 12 13 14 15 204.3 175.0 181.0 201.8 207.8 184.6 221.0 209.7 208.7 185.0 218.8 211.6 210.3 187.8 219.4 214.5 211.8 188.0 215.1 224.0 221.6 187.5 218.5 222.2 219.1 195.2 216.2 210.7 586.1 605.8 606.4 614.9 620.6 618.3 621.7 269.8 241.8 285.9 245.7 286.6 245.7 293.1 247.6 298.6 247.4 294.1 248.8 296.5 250.2 16 17 18 19 74.6 74.8 74.6 74.9 75.7 76.2 75.8 Residential................................. 20 Structures............................... Permanent site..................... Single family.................... Multifamily........................ Other structures 8................ 21 22 23 24 25 384.3 375.1 433.7 424.2 437.3 427.7 457.5 447.8 471.2 461.2 487.1 476.9 504.0 493.6 123.9 109.2 15.0 251.1 154.0 132.1 22.1 270.4 157.8 134.6 23.4 270.1 172.3 146.4 26.2 275.8 184.3 155.8 28.8 277.4 191.4 160.5 31.2 286.1 195.6 163.8 32.2 298.4 Equipment.............................. Residual...................................... 26 27 9.2 9.5 9.5 9.7 9.9 10.1 10.3 -5.9 -7.5 -6.5 -6.5 -9.2 -8.3 -6.8 28 749.3 846.0 849.8 887.4 869.0 901.6 930.7 29 30 31 656.4 374.3 282.0 738.4 421.4 316.8 740.5 421.8 318.5 773.4 439.1 334.1 753.8 407.9 345.8 781.7 424.7 356.8 804.2 437.1 366.9 32 557.7 581.6 575.5 595.3 598.9 600.9 600.5 Addenda: Private fixed investment in structures............................. Private fixed investment in new structures............................. Nonresidential structures 9... Residential structures 10...... Private fixed investment in information processing equipment and software...... 1. Includes petroleum and mineral exploration. 2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 3. The quantity index for computers can be used to accurately measure the real growth rate of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 5.3.2 and real growth rates are shown in table 5.3.1. 4. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 5. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 6. Excludes software “embedded," or bundled, in computers and other equipment. 7. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 8. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 9. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 10. Excludes net purchases of used structures and brokers' commissions and other ownership transfer costs. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. D-48 National Data November 2013 Table 5.7.5B. Change in Private Inventories by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Change in private inventories...................................................................................... Farm.................................................................................................................................... Mining, utilities, and construction......................................................................................... Manufacturing..................................................................................................................... Durable goods industries................................................................................................. Nondurable goods industries........................................................................................... Wholesale trade.................................................................................................................. Durable goods industries................................................................................................. Nondurable goods industries........................................................................................... Retail trade.......................................................................................................................... Motor vehicle and parts dealers....................................................................................... Food and beverage
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