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EMBARGOED UNTIL RELEASE AT 7:00 p.m. EDT, Monday, April 15, 2024 Technical: Media: Christina Hovland (BEA) Connie O’Connell (BEA) Melissa Braybrooks (OIA) 301-278-9076 301-278-9003 202-336-2651 BEA 24–15 Territories@bea.gov Connie.OConnell@bea.gov Melissa_Braybrooks@ios.doi.gov Gross Domestic Product for Guam, 2022 Gross Domestic Product by Industry and Compensation by Industry, 2021 Real gross domestic product (GDP) for Guam increased 5.1 percent in 2022 after increasing 2.1 percent in 2021 (table 1.3), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). These statistics were developed under the Statistical Improvement Program, funded by the Office of Insular Affairs (OIA) of the U.S. Department of the Interior. GDP for 2022 The increase in real GDP reflected increases in exports, private fixed investment, government spending, and personal consumption expenditures (table 1.2). Imports, a subtraction item in the calculation of GDP, increased. Page 1 of 5 Exports of goods and services increased 150.4 percent (table 1.3). The increase in exports was accounted for by exports of services, which consists primarily of spending by visitors. Exports of services increased 262.0 percent; data from the Guam Visitors Bureau arrival summary reports show that visitor arrivals increased over 300 percent. Private fixed investment increased 14.7 percent, reflecting growth in equipment and structures. Private-sector construction projects included a 60-megawatt solar farm, resort renovations, and retail outlets. Government spending increased 1.4 percent, reflecting growth in federal government spending that was partly offset by a decrease in territorial government spending. U.S. Department of Defense construction was a notable source of growth, as progress continued on multiple U.S. military projects, including housing and dining facilities for a new Marine Corps base. Personal consumption expenditures increased 1.2 percent, reflecting widespread growth among consumer spending categories. Consumer spending was supported by growth in compensation and direct cash assistance administered by the territorial government. GDP by industry and compensation by industry for 2021 In 2021, real GDP increased 2.1 percent. The newly available GDP by industry data, which are released on a 1-year lag, reveal that the private sector was the source of growth in real GDP in 2021 (table 2.5). The private sector increased 4.4 percent (table 2.4), primarily reflecting growth in other private industries, such as health care and social assistance and financial services. Construction also increased, reflecting retail outlet and multiunit residential development projects. The government sector decreased 1.1 percent, partly offsetting the growth in the private sector. Both federal and territorial government real value added decreased. Total compensation increased from $3,527 million in 2020 to $3,615 million in 2021 (table 2.6). The $88 million increase reflected increases in both private-sector and government compensation. The largest contributor to the increase was construction. Page 2 of 5 Updates to Guam GDP and Its Components Estimates for 2018–2021 that were released on November 2, 2022, have been revised to incorporate updates to source data including the following: • Audited financial statements for the Government of Guam and its independent agencies • Federal government contract obligations data from the U.S. General Services Administration Federal Procurement Data System • Tabulations of wage and personnel data provided by the U.S. Department of Defense • Tabulations of gross business receipts data provided by the Guam Department of Revenue and Taxation The revised estimates exhibit a pattern of inflation-adjusted GDP growth similar to the previously published estimates (table 1.7). Due to lags in the availability of data for various components of GDP, the statistics presented today for 2022 are preliminary estimates. For example, data covering government spending for the fourth quarter of 2022 were not available in time for incorporation into this year’s estimates of GDP. For more information on the data sources underlying these estimates, see Summary of Methodologies: Gross Domestic Product for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands. GDP Statistics for Guam Paused The annual publication of BEA’s GDP statistics for Guam is made possible through funding by the Office of Insular Affairs (OIA) of the U.S. Department of the Interior. OIA has paused funding of this work to conduct an exploratory assessment of territorial source data with the goal of informing how to strategically invest in and support Guam's economic statistics into the future. Without funding, BEA is pausing the production of GDP statistics for Guam. When funding and improved data sources become available, BEA plans to resume production of these statistics. Archived GDP statistics for Guam will continue to be available on BEA’s website. Page 3 of 5 Additional Information Resources • • • • Stay informed about BEA developments by reading The BEA Wire, signing up for BEA’s email subscription service, or following @BEA_News on X, formerly known as Twitter. Historical time series for gross domestic product for the U.S. territories can be accessed on BEA’s website. For more on BEA statistics, see our online journal, the Survey of Current Business. For upcoming economic indicators, see BEA’s news release schedule. Definitions Gross domestic product (GDP) is the value of the goods and services produced by the Guam economy less the value of the goods and services used up in production. GDP is also equal to the sum of personal consumption expenditures, private fixed investment, change in private inventories, net exports of goods and services, and government consumption expenditures and gross investment. Personal consumption expenditures measures the goods and services purchased by “persons”—that is, by households and by nonprofit institutions serving households—who are resident in Guam. Private fixed investment measures spending by private businesses, nonprofit institutions, and households on structures and equipment that are used in the production of goods and services in Guam. Change in private inventories, or “private inventory investment,” is a measure of the value of the change in the physical volume of the inventories—additions less withdrawals—that businesses maintain to support their production and distribution activities. Net exports of goods and services is the difference between exports of goods and services and imports of goods and services. Exports measures the portion of total Guam production of goods and services that is provided to the rest of the world. Imports measures the portion of total Guam expenditures that is accounted for by goods and services provided by the rest of the world. Government consumption expenditures and gross investment, or “government spending,” measures the portion of GDP that is accounted for by the government sector. Government consumption expenditures consists of spending by government to produce and provide services to the public. Gross investment consists of spending by government for fixed assets that directly benefit the public or that assist government agencies in their production activities. Gross domestic income (GDI) is the sum of incomes earned and costs incurred in the production of GDP. In national economic accounting, GDP and GDI are conceptually equal. Current-dollar estimates are valued in the prices of the period when the transactions occurred—that is, at “market value” (also referred to as “nominal estimates” or as “current-price estimates”). Real values are inflation-adjusted estimates—that is, estimates that exclude the effects of price changes. Statistical conventions Quantities (or “real” volume measures) and prices are expressed as index numbers with a specified reference year equal to 100 (currently 2012). Quantity and price indexes are calculated using a Fisher chain-weighted formula that incorporates weights from two adjacent years. “Real” dollar series are calculated by multiplying the quantity index by the current-dollar value in the reference year and then dividing by 100. Chained-dollar values are not additive, because the relative weights for a given period differ from those of the reference year. Page 4 of 5 News release tables Table 1.1. Gross Domestic Product Table 1.2. Real Gross Domestic Product Table 1.3. Percent Change From Preceding Year in Real Gross Domestic Product Table 1.4. Contributions to Percent Change in Real Gross Domestic Product Table 1.5. Percent Change From Preceding Year in Prices for Gross Domestic Product and Price Indexes for Gross Domestic Product Table 1.6. Gross Domestic Income Table 1.7. Revisions to Percent Change in Real Gross Domestic Product Table 2.1. Value Added by Industry Table 2.2. Value Added by Industry as a Percentage of Gross Domestic Product Table 2.3. Real Value Added by Industry Table 2.4. Percent Changes in Real Value Added by Industry Table 2.5. Contributions to Percent Change in Real Gross Domestic Product by Industry Table 2.6. Compensation of Employees by Industry Page 5 of 5 Guam April 15, 2024 Table 1.1. Gross Domestic Product Line 1 Gross domestic product 2 Personal consumption expenditures 3 Goods 4 Durable goods 5 Nondurable goods 6 Services 7 Net foreign travel 8 Private fixed investment 9 Net exports of goods and services 10 Exports 11 Goods 12 Services 13 Imports 14 Goods 15 Services Government consumption expenditures 16 and gross investment 17 Federal 18 Territorial r Revised p Preliminary Note. Detail may not add to total because of rounding. U.S. Bureau of Economic Analysis 2012 5,265 3,206 1,765 635 1,130 2,332 -891 1,044 -2,033 1,004 107 896 3,037 2,395 642 3,048 1,911 1,138 [Millions of dollars] 2013 2014 2015 5,399 5,610 5,799 3,218 3,260 3,287 1,706 1,711 1,655 616 598 588 1,090 1,113 1,067 2,383 2,489 2,601 -870 -940 -969 1,233 1,355 1,256 -2,189 -2,282 -2,041 1,053 1,057 1,048 177 112 73 875 945 974 3,241 3,339 3,089 2,522 2,559 2,318 719 780 770 3,137 1,907 1,230 3,276 1,980 1,296 3,297 2,027 1,270 r r r r p 2016 5,901 3,384 1,693 611 1,083 2,726 -1,035 1,205 -1,917 1,119 78 1,040 3,036 2,272 764 2017 6,013 3,549 1,759 647 1,112 2,821 -1,031 1,141 -1,883 1,141 105 1,036 3,024 2,316 709 2018 6,051 3,604 1,799 639 1,160 2,880 -1,075 1,216 -2,085 1,165 83 1,082 3,250 2,471 779 2019 6,355 3,636 1,893 669 1,224 3,059 -1,316 1,340 -2,132 1,414 92 1,322 3,547 2,666 881 2020 5,916 3,567 1,554 580 974 2,276 -263 1,437 -3,009 379 68 311 3,388 2,408 980 2021 6,234 3,828 1,684 718 965 2,250 -106 1,589 -3,469 193 81 112 3,662 2,613 1,050 2022 6,910 4,140 2,003 823 1,180 2,599 -463 2,013 -3,876 545 76 470 4,421 3,105 1,316 3,229 2,009 1,220 3,205 1,903 1,302 3,316 1,987 1,328 3,511 2,176 1,335 3,920 2,376 1,545 4,287 2,549 1,738 4,633 2,862 1,771 Guam April 15, 2024 Table 1.2. Real Gross Domestic Product Line 1 Gross domestic product 2 Personal consumption expenditures 3 Goods 4 Durable goods 5 Nondurable goods 6 Services 7 Net foreign travel 8 Private fixed investment 9 Net exports of goods and services 10 Exports 11 Goods 12 Services 13 Imports 14 Goods 15 Services Government consumption expenditures 16 and gross investment 17 Federal 18 Territorial r Revised p Preliminary U.S. Bureau of Economic Analysis 2012 5,265 3,206 1,765 635 1,130 2,332 -891 1,044 -2,033 1,004 107 896 3,037 2,395 642 3,048 1,911 1,138 [Millions of chained (2012) dollars] 2013 2014 2015 2016 5,354 5,450 5,495 5,505 3,227 3,240 3,301 3,351 1,725 1,719 1,696 1,739 647 632 624 632 1,092 1,096 1,065 1,093 2,383 2,460 2,563 2,641 -880 -940 -961 -1,032 1,225 1,331 1,230 1,181 -2,186 -2,263 -2,158 -2,068 1,065 1,061 1,044 1,122 180 114 76 84 886 946 966 1,037 3,251 3,323 3,202 3,190 2,480 2,543 2,574 2,473 707 748 727 711 3,087 1,894 1,193 3,141 1,932 1,208 3,126 1,957 1,171 3,051 1,920 1,133 r r r r p 2017 5,554 3,441 1,773 660 1,114 2,687 -1,022 1,095 -1,958 1,140 112 1,028 3,098 2,470 638 2018 5,508 3,418 1,778 658 1,120 2,685 -1,047 1,144 -2,041 1,143 88 1,054 3,184 2,511 680 2019 5,647 3,421 1,873 705 1,170 2,791 -1,248 1,241 -2,118 1,352 96 1,254 3,470 2,731 745 2020 5,053 3,305 1,510 607 908 2,044 -244 1,318 -3,035 355 71 288 3,391 2,559 816 2021 5,157 3,408 1,555 729 844 1,972 -103 1,407 -3,279 185 82 108 3,464 2,609 838 2022 5,420 3,450 1,719 778 957 2,124 -387 1,613 -3,301 463 73 392 3,764 2,804 935 2,999 1,787 1,212 3,003 1,808 1,195 3,115 1,938 1,177 3,406 2,084 1,321 3,547 2,146 1,400 3,595 2,245 1,352 Guam April 15, 2024 Table 1.3. Percent Change From Preceding Year in Real Gross Domestic Product Line 1 Gross domestic product 2 Personal consumption expenditures 3 Goods 4 Durable goods 5 Nondurable goods 6 Services 7 Net foreign travel 8 Private fixed investment 9 Net exports of goods and services 10 Exports 11 Goods 12 Services 13 Imports 14 Goods 15 Services Government consumption expenditures 16 and gross investment 17 Federal 18 Territorial r Revised p Preliminary U.S. Bureau of Economic Analysis r r r r p 2013 1.7 0.7 -2.3 -0.5 -3.3 2.2 …….. 17.3 …….. 6.1 67.2 -1.2 7.0 6.2 10.1 2014 1.8 0.4 -0.3 -1.4 0.3 3.2 …….. 8.7 …….. -0.4 -36.3 6.8 2.2 1.2 5.8 2015 0.8 1.9 -1.4 1.4 -2.8 4.2 …….. -7.6 …….. -1.6 -33.3 2.1 -3.6 -3.9 -2.8 2016 0.2 1.5 2.6 2.4 2.7 3.0 …….. -4.0 …….. 7.5 9.9 7.3 -0.4 0.3 -2.2 2017 0.9 2.7 1.9 1.9 1.9 1.8 …….. -7.3 …….. 1.5 34.1 -0.9 -2.9 -0.4 -10.3 2018 -0.8 -0.7 0.3 -0.2 0.5 -0.1 …….. 4.5 …….. 0.3 -22.0 2.6 2.8 1.7 6.5 2019 2.5 0.1 5.4 7.1 4.4 4.0 …….. 8.5 …….. 18.3 9.1 19.0 9.0 8.8 9.6 2020 -10.5 -3.4 -19.4 -13.8 -22.4 -26.8 …….. 6.2 …….. -73.7 -25.4 -77.0 -2.3 -6.3 9.5 2021 2.1 3.1 2.9 20.0 -7.1 -3.5 …….. 6.8 …….. -48.0 15.1 -62.4 2.2 2.0 2.7 2022 5.1 1.2 10.5 6.8 13.4 7.7 …….. 14.7 …….. 150.4 -10.9 262.0 8.7 7.5 11.6 1.3 -0.9 4.9 1.7 2.0 1.3 -0.5 1.3 -3.1 -2.4 -1.9 -3.2 -1.7 -6.9 7.0 0.2 1.2 -1.4 3.7 7.2 -1.5 9.3 7.5 12.2 4.1 2.9 6.0 1.4 4.6 -3.4 Guam Line 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 April 15, 2024 Table 1.4. Contributions to Percent Change in Real Gross Domestic Product Percent change: Gross domestic product Percentage points: Personal consumption expenditures Goods Durable goods Nondurable goods Services Net foreign travel Private fixed investment Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal Territorial r Revised p Preliminary U.S. Bureau of Economic Analysis 2013 2014 2015 2016 2017 2018 r 2019 r 2020 r 2021 r 2022 p 1.7 1.8 0.8 0.2 0.9 -0.8 2.5 -10.5 2.1 5.1 0.40 -0.76 -0.05 -0.71 0.96 0.20 3.43 -2.89 1.15 1.35 -0.20 -4.04 -2.80 -1.24 0.23 -0.09 -0.15 0.06 1.42 -1.10 1.97 -1.41 -0.08 -1.18 1.10 -1.33 -0.56 -0.77 1.08 -0.41 0.14 -0.55 1.85 -0.36 -1.80 1.81 -0.29 -0.65 0.36 2.10 1.71 0.39 0.86 0.73 0.24 0.49 1.35 -1.22 -0.86 1.54 1.34 0.12 1.22 0.20 -0.10 0.30 1.54 0.56 0.20 0.36 0.82 0.16 -1.50 1.79 0.29 0.45 -0.16 1.50 0.15 1.34 -0.39 0.08 -0.02 0.10 -0.05 -0.42 0.85 -1.37 0.06 -0.38 0.44 -1.43 -0.65 -0.78 0.05 1.57 0.73 0.84 1.88 -3.40 1.70 -1.25 3.52 0.13 3.39 -4.77 -3.53 -1.24 -1.92 -5.70 -1.43 -4.27 -12.73 16.52 1.29 -15.00 -16.24 -0.36 -15.89 1.24 2.54 -1.30 1.90 0.78 1.96 -1.19 -1.35 2.48 1.65 -4.25 -2.99 0.17 -3.16 -1.26 -0.81 -0.45 0.75 2.88 0.79 2.10 2.80 -4.93 3.82 -0.43 4.79 -0.14 4.93 -5.22 -3.21 -2.01 0.74 -0.32 1.06 1.01 0.72 0.29 -0.27 0.44 -0.71 -1.35 -0.65 -0.70 -0.94 -2.37 1.43 0.08 0.38 -0.30 2.03 2.36 -0.33 5.11 2.55 2.56 2.77 1.19 1.58 0.95 1.90 -0.95 Guam Line April 15, 2024 Table 1.5. Percent Change From Preceding Year in Prices for Gross Domestic Product and Price Indexes for Gross Domestic Product 2012 1 2 Gross domestic product Personal consumption expenditures 3.4 4.7 3 4 Gross domestic product Personal consumption expenditures 100.0 100.0 r Revised p Preliminary U.S. Bureau of Economic Analysis 2013 2014 2015 2016 Percent 0.8 2.1 2.5 1.6 -0.3 0.9 -1.0 1.4 Index numbers, 2012=100 107.2 100.8 102.9 105.5 99.7 100.6 99.6 101.0 2017 2018r 2019r 2020r 2021r 2022p 1.0 2.1 1.5 2.2 2.4 0.8 4.0 1.6 3.2 4.0 5.5 6.8 108.3 103.2 109.9 105.4 112.5 106.3 117.1 107.9 120.9 112.3 127.5 120.0 2016 5,901 3,264 2017 6,013 3,335 2018r 6,051 3,379 2019 6,355 3,557 2020 5,916 3,527 2021 6,234 3,615 2022p 6,910 4,038 408 2,229 421 2,257 468 2,204 501 2,297 277 2,112 338 2,281 445 2,427 Table 1.6. Gross Domestic Income Line 1 Gross domestic income 2 Compensation of employees Taxes on production and imports less 3 subsidies 4 Gross operating surplus r Revised p Preliminary Note. Detail may not add to total because of rounding. U.S. Bureau of Economic Analysis Line 1 2 3 2012 5,265 2,909 355 2,001 [Millions of dollars] 2013 2014 2015 5,399 5,610 5,799 2,970 3,098 3,239 365 2,064 391 2,121 393 2,167 Table 1.7. Revisions to Percent Change in Real Gross Domestic Product Percent change: Revised Previously published Percentage points: Revision U.S. Bureau of Economic Analysis 2013 2014 2015 2016 2017 2018 2019 r 2020 r 2021 1.7 1.7 1.8 1.8 0.8 0.8 0.2 0.2 0.9 0.9 -0.8 -0.8 2.5 2.6 -10.5 -11.4 2.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0 -0.1 0.9 1.0 r Guam April 15, 2024 Table 2.1. Value Added by Industry Line 1 Gross domestic product 2 Private industries 3 Construction 4 Wholesale and retail trade Accommodations, food services, and 5 amusements 6 Other private 7 Government 8 Federal 9 Territorial 2012 5,265 3,169 398 551 487 1,733 2,096 1,263 833 [Millions of dollars] 2013 2014 2015 5,399 5,610 5,799 3,247 3,371 3,465 443 465 420 537 552 587 532 1,735 2,152 1,267 884 612 1,742 2,239 1,291 948 651 1,807 2,334 1,331 1,003 2016 5,901 3,586 376 607 2017 6,013 3,709 388 624 2018r 6,051 3,741 412 625 2019r 6,355 3,999 453 683 2020r 5,916 3,454 522 496 2021 6,234 3,717 604 570 708 1,895 2,315 1,295 1,020 736 1,962 2,303 1,288 1,016 759 1,946 2,310 1,303 1,007 838 2,024 2,356 1,353 1,003 397 2,039 2,461 1,439 1,023 349 2,194 2,518 1,471 1,046 r Revised Note. Detail may not add to total because of rounding. U.S. Bureau of Economic Analysis Table 2.2. Value Added by Industry as a Percentage of Gross Domestic Product Line 1 Gross domestic product 2 Private industries 3 Construction 4 Wholesale and retail trade Accommodations, food services, and 5 amusements 6 Other private 7 Government 8 Federal 9 Territorial r Revised Note. Detail may not add to total because of rounding. U.S. Bureau of Economic Analysis 2012 100 60 8 10 2013 100 60 8 10 2014 100 60 8 10 2015 100 60 7 10 2016 100 61 6 10 2017 100 62 6 10 2018r 100 62 7 10 2019r 100 63 7 11 2020r 100 58 9 8 2021 100 60 10 9 9 33 40 24 16 10 32 40 23 16 11 31 40 23 17 11 31 40 23 17 12 32 39 22 17 12 33 38 21 17 13 32 38 22 17 13 32 37 21 16 7 34 42 24 17 6 35 40 24 17 Guam April 15, 2024 Table 2.3. Real Value Added by Industry Line 1 Gross domestic product 2 Private industries 3 Construction 4 Wholesale and retail trade Accommodations, food services, and 5 amusements 6 Other private 7 Government 8 Federal 9 Territorial [Millions of chained (2012) dollars] 2012 2013 2014 2015 2016 5,265 5,354 5,450 5,495 5,505 3,169 3,233 3,314 3,331 3,383 398 432 442 393 346 551 528 538 557 579 487 1,733 2,096 1,263 833 534 1,739 2,121 1,267 853 591 1,743 2,137 1,271 865 615 1,766 2,164 1,288 875 657 1,802 2,123 1,242 878 2017 5,554 3,442 344 599 2018r 5,508 3,456 351 598 2019r 5,647 3,611 372 644 2020r 5,053 2,979 422 440 2021 5,157 3,109 460 473 675 1,826 2,114 1,220 890 677 1,831 2,055 1,198 854 738 1,857 2,042 1,217 824 340 1,772 2,071 1,271 802 306 1,861 2,047 1,250 799 r Revised U.S. Bureau of Economic Analysis Table 2.4. Percent Changes in Real Value Added by Industry Line 1 Gross domestic product 2 Private industries 3 Construction 4 Wholesale and retail trade Accommodations, food services, and 5 amusements 6 Other private 7 Government 8 Federal 9 Territorial r Revised U.S. Bureau of Economic Analysis 2013 1.7 2.0 8.7 -4.2 9.7 0.3 1.2 0.3 2.4 [Percent] 2014 2015 1.8 0.8 2.5 0.5 2.1 -11.0 2.0 3.5 10.6 0.2 0.8 0.3 1.4 4.2 1.3 1.3 1.3 1.2 2016 0.2 1.6 -11.9 4.0 2017 0.9 1.7 -0.6 3.4 2018r -0.8 0.4 2.1 -0.2 2019r 2.5 4.5 5.9 7.6 2020r -10.5 -17.5 13.3 -31.6 2021 2.1 4.4 9.1 7.6 6.8 2.1 -1.9 -3.5 0.3 2.7 1.3 -0.4 -1.8 1.3 0.4 0.3 -2.8 -1.8 -4.0 9.0 1.4 -0.6 1.6 -3.5 -54.0 -4.6 1.4 4.5 -2.6 -10.0 5.1 -1.1 -1.7 -0.4 Guam April 15, 2024 Table 2.5. Contributions to Percent Change in Real Gross Domestic Product by Industry Line 1 2 3 4 5 6 7 8 9 Percent change: Gross domestic product Percentage points: Private industries Construction Wholesale and retail trade Accommodations, food services, and amusements Other private Government Federal Territorial 2013 2014 2015 2016 2017 2018 r 2019 r 2020 r 2021 1.7 1.8 0.8 0.2 0.9 -0.8 2.5 -10.5 2.1 1.22 0.66 -0.44 1.50 0.17 0.19 0.31 -0.91 0.35 0.94 -0.87 0.40 1.06 -0.04 0.35 0.26 0.14 -0.02 2.77 0.41 0.78 -11.06 0.94 -3.43 2.55 0.81 0.65 0.89 0.11 0.46 0.07 0.39 1.06 0.07 0.31 0.08 0.23 0.45 0.42 0.50 0.30 0.21 0.76 0.65 -0.75 -0.81 0.06 0.32 0.42 -0.17 -0.40 0.23 0.05 0.09 -1.08 -0.39 -0.69 1.12 0.46 -0.24 0.35 -0.59 -7.08 -1.48 0.53 0.94 -0.41 -0.65 1.74 -0.47 -0.41 -0.06 r Revised Note. Percentage-point contributions do not sum to the percent change in real gross domestic product (GDP) because of rounding and differences in source data used to estimate GDP by industry and the expenditures measure of real GDP. U.S. Bureau of Economic Analysis Table 2.6. Compensation of Employees by Industry Line 1 Gross domestic product 2 Private industries 3 Construction 4 Wholesale and retail trade Accommodations, food services, and 5 amusements 6 Other private Government 7 8 Federal 9 Territorial r Revised Note. Detail may not add to total because of rounding. U.S. Bureau of Economic Analysis 2012 2,909 1,391 186 298 243 664 1,518 843 675 [Millions of dollars] 2013 2014 2015 2,970 3,098 3,239 1,420 1,494 1,573 213 227 213 294 307 330 260 653 1,550 844 706 278 681 1,604 866 738 306 724 1,666 902 764 2016 3,264 1,639 193 350 2017 3,335 1,722 193 367 2018 3,379 1,755 208 367 r 2019r 3,557 1,874 263 401 2020r 3,527 1,705 331 324 2021 3,615 1,735 387 321 328 767 1,625 864 760 339 823 1,613 857 755 344 836 1,625 874 751 371 839 1,683 923 760 228 822 1,822 1,005 817 232 795 1,880 1,030 850