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BEA current and historical data: national, international, and regional data
Survey of Current Business, Dec, 2004
1. Domestic Product and Income
Table 1.1.1. Percent Change From Preceding Period in Real
Gross Domestic Product
[Percent]
Seasonally
adjusted at
annual rates
Line 2002 2003 2003
III IV
Gross domestic product 1 1.9 3.0 7.4 4.2
Personal consumption
expenditures 2 3.1 3.3 5.0 3.6
Durable goods 3 6.5 7.4 16.5 3.9
Nondurable goods 4 2.6 3.7 6.9 5.1
Services 5 2.6 2.2 1.9 2.8
Gross private domestic
investment 6 -2.4 4.4 22.4 13.9
Fixed investment 7 -4.9 5.1 18.0 10.5
Nonresidential 8 -8.9 3.3 15.7 11.0
Structures 9 -17.8 -5.6 -1.3 7.9
Equipment and software 10 -5.5 6.4 21.7 12.0
Residential 11 4.8 8.8 22.4 9.6
Change in private inventories 12
Net exports of goods and
services 13
Exports 14 -2.3 1.9 11.3 17.5
Goods 15 -4.1 2.2 10.1 16.1
Services 16 1.8 1.4 14.1 20.6
Imports 17 3.4 4.4 2.8 17.1
Goods 18 3.7 4.7 0.0 18.4
Services 19 1.9 3.1 17.9 11.1
Government consumption
expenditures and gross
investment 20 4.4 2.8 0.1 1.6
Federal 21 7.5 6.6 -3.3 4.8
National defense 22 7.7 9.0 -7.7 11.6
Nondefense 23 7.1 2.4 5.8 -7.5
State and local 24 2.8 0.7 2.2 -0.1
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 4.5 3.3 3.9
Personal consumption
expenditures 4.1 1.6 5.1
Durable goods 2.2 -0.3 17.2
Nondurable goods 6.7 0.1 4.8
Services 3.3 2.7 2.9
Gross private domestic
investment 12.3 19.0 2.8
Fixed investment 4.5 13.9 8.8
Nonresidential 4.2 12.5 12.9
Structures -7.6 6.9 -0.3
Equipment and software 8.0 14.2 17.2
Residential 5.0 16.5 1.7
Change in private inventories
Net exports of goods and
services
Exports 7.3 7.3 6.3
Goods 9.1 6.0 9.1
Services 3.4 10.2 0.2
Imports 10.6 12.6 6.0
Goods 12.7 13.0 5.6
Services 1.2 10.6 8.3
Government consumption
expenditures and gross
investment 2.5 2.2 1.2
Federal 7.1 2.7 4.7
National defense 10.6 1.9 9.8
Nondefense 0.2 4.4 -5.2
State and local 0.0 1.9 -0.8
Table 1.1.2. Contributions to Percent Change in Real
Gross Domestic Product
Seasonally
adjusted at
annual rates
Line 2002 2003 2003
III IV
Percent change at annual rate:
Gross domestic product 1 1.9 3.0 7.4 4.2
Percentage points at annual
rates:
Personal consumption
expenditures 2 2.14 2.29 3.58 2.50
Durable goods 3 0.56 0.63 1.38 0.33
Nondurable goods 4 0.51 0.73 1.38 1.01
Services 5 1.08 0.93 0.83 1.15
Gross private domestic
investment 6 -0.37 0.66 3.16 2.04
Fixed investment 7 -0.80 0.76 2.59 1.57
Nonresidential 8 -1.02 0.33 1.50 1.07
Structures 9 -0.57 -0.15 -0.03 0.18
Equipment and software 10 -0.45 0.48 1.53 0.89
Residential 11 0.22 0.43 1.09 0.50
Change in private inventories 12 0.42 -0.10 0.57 0.47
Net exports of goods and
services 13 -0.70 -0.43 0.64 -0.66
Exports 14 -0.24 0.18 1.02 1.55
Goods 15 -0.29 0.14 0.64 1.00
Services 16 0.05 0.04 0.39 0.56
Imports 17 -0.46 -0.61 -0.39 -2.22
Goods 18 -0.42 -0.54 0.00 -1.96
Services 19 -0.04 -0.07 -0.39 -0.26
Government consumption
expenditures and gross
investment 20 0.79 0.52 0.03 0.31
Federal 21 0.46 0.43 -0.23 0.33
National defense 22 0.30 0.38 -0.36 0.50
Nondefense 23 0.16 0.06 0.13 -0.18
State and local 24 0.33 0.09 0.26 -0.02
Seasonally adjusted
at annual rates
2004
I II III
Percent change at annual rate:
Gross domestic product 4.5 3.3 3.9
Percentage points at annual
rates:
Personal consumption
expenditures 2.90 1.10 3.53
Durable goods 0.19 -0.02 1.37
Nondurable goods 1.33 0.03 0.96
Services 1.39 1.10 1.21
Gross private domestic
investment 1.86 2.85 0.46
Fixed investment 0.69 2.07 1.37
Nonresidential 0.42 1.21 1.27
Structures -0.19 0.16 -0.01
Equipment and software 0.61 1.05 1.28
Residential 0.27 0.86 0.10
Change in private inventories 1.17 0.78 -0.91
Net exports of goods and
services -0.76 -1.06 -0.27
Exports 0.70 0.70 0.62
Goods 0.60 0.41 0.62
Services 0.10 0.30 0.01
Imports -1.46 -1.77 -0.89
Goods -1.43 -1.52 -0.69
Services -0.03 -0.25 -0.20
Government consumption
expenditures and gross
investment 0.48 0.41 0.23
Federal 0.48 0.18 0.32
National defense 0.47 0.09 0.44
Nondefense 0.00 0.10 -0.12
State and local 0.00 0.23 -0.09
Table 1.1.3. Real Gross Domestic Product, Quantity Indexes
[Index numbers, 2000=100]
Line 2002 2003
Gross domestic product 1 102.626 105.749
Personal consumption
expenditures 2 105.698 109.143
Durable goods 3 111.150 119.378
Nondurable goods 4 104.630 108.481
Services 5 105.085 107.418
Gross private domestic
investment 6 89.928 93.852
Fixed investment 7 92.253 96.924
Nonresidential 8 87.302 90.157
Structures 9 80.346 75.810
Equipment and software 10 89.947 95.679
Residential 11 105.178 114.392
Change in private inventories 12
Net exports of goods and
services 13
Exports 14 92.343 94.116
Goods 15 90.068 92.018
Services 16 97.989 99.330
Imports 17 100.585 105.048
Goods 18 100.408 105.131
Services 19 101.571 104.753
Government consumption
expenditures and gross
investment 20 107.918 110.906
Federal 21 111.725 119.140
National defense 22 111.972 122.014
Nondefense 23 111.284 113.972
State and local 24 105.999 106.739
Seasonally adjusted
2003
III IV
Gross domestic product 106.681 107.780
Personal consumption
expenditures 109.828 110.794
Durable goods 122.733 123.902
Nondurable goods 109.145 110.517
Services 107.613 108.346
Gross private domestic
investment 95.616 98.771
Fixed investment 98.904 101.412
Nonresidential 91.802 94.235
Structures 75.955 77.406
Equipment and software 97.917 100.735
Residential 117.201 119.916
Change in private inventories
Net exports of goods and
services
Exports 94.300 98.170
Goods 92.190 95.694
Services 99.543 104.310
Imports 104.522 108.725
Goods 104.331 108.824
Services 105.543 108.360
Government consumption
expenditures and gross
investment 111.290 111.738
Federal 119.751 121.154
National defense 122.368 125.765
Nondefense 115.050 112.840
State and local 107.006 106.968
Seasonally adjusted
2004
I II III
Gross domestic product 108.969 109.858 110.927
Personal consumption
expenditures 111.925 112.360 113.761
Durable goods 124.572 124.482 129.526
Nondurable goods 112.331 112.367 113.684
Services 109.237 109.955 110.746
Gross private domestic
investment 101.672 106.191 106.917
Fixed investment 102.529 105.913 108.177
Nonresidential 95.204 98.041 101.070
Structures 75.886 77.171 77.108
Equipment and software 102.699 106.157 110.455
Residential 121.400 126.122 126.666
Change in private inventories
Net exports of goods and
services
Exports 99.924 101.690 103.264
Goods 97.810 99.242 101.433
Services 105.173 107.765 107.813
Imports 111.504 114.862 116.554
Goods 112.116 115.593 117.172
Services 108.675 111.458 113.709
Government consumption
expenditures and gross
investment 112.443 113.062 113.407
Federal 123.249 124.068 125.505
National defense 128.984 129.582 132.653
Nondefense 112.900 114.117 112.594
State and local 106.965 107.482 107.273
Table 1.1.4. Price Indexes for Gross Domestic Product
[Index numbers, 2000=100]
Line 2002 2003
Gross domestic product 1 104.097 106.003
Personal consumption
expenditures 2 103.548 105.511
Durable goods 3 95.475 92.244
Nondurable goods 4 102.097 104.154
Services 5 106.083 109.237
Gross private domestic
investment 6 101.221 102.304
Fixed investment 7 101.232 102.435
Nonresidential 8 98.909 98.546
Structures 9 107.908 110.176
Equipment and software 10 95.868 94.754
Residential 11 107.246 111.951
Change in private inventories 12
Net exports of goods and
services 13
Exports 14 99.275 101.395
Goods 15 98.661 100.640
Services 16 100.769 103.219
Imports 17 96.326 99.615
Goods 18 95.281 98.068
Services 19 101.819 107.784
Government consumption
expenditures and gross
investment 20 105.313 108.702
Federal 21 105.288 109.081
National defense 22 105.488 109.875
Nondefense 23 104.932 107.631
State and local 24 105.317 108.485
Seasonally adjusted
2003
III IV
Gross domestic product 106.158 106.586
Personal consumption
expenditures 105.689 106.005
Durable goods 91.757 90.747
Nondurable goods 104.423 104.564
Services 109.529 110.266
Gross private domestic
investment 102.276 102.968
Fixed investment 102.401 103.101
Nonresidential 98.431 98.729
Structures 110.255 110.633
Equipment and software 94.588 94.862
Residential 112.097 113.675
Change in private inventories
Net exports of goods and
services
Exports 101.355 102.146
Goods 100.407 101.438
Services 103.628 103.865
Imports 99.606 99.837
Goods 97.911 98.011
Services 108.570 109.502
Government consumption
expenditures and gross
investment 108.898 109.167
Federal 109.181 109.447
National defense 109.917 110.278
Nondefense 107.838 107.917
State and local 108.736 109.007
Seasonally adjusted
2004
I II III
Gross domestic product 107.314 108.169 108.519
Personal consumption
expenditures 106.860 107.683 107.980
Durable goods 90.741 90.725 90.008
Nondurable goods 105.914 107.616 107.868
Services 111.085 111.667 112.243
Gross private domestic
investment 103.514 104.644 105.435
Fixed investment 103.618 104.709 105.513
Nonresidential 98.794 99.220 99.473
Structures 111.926 113.984 116.688
Equipment and software 94.612 94.626 94.281
Residential 115.179 117.710 119.722
Change in private inventories
Net exports of goods and
services
Exports 103.565 104.746 105.144
Goods 103.023 104.356 104.662
Services 104.897 105.726 106.340
Imports 102.163 103.760 105.041
Goods 100.355 102.267 103.533
Services 111.718 111.566 112.921
Government consumption
expenditures and gross
investment 110.522 111.703 112.628
Federal 111.203 112.020 112.459
National defense 111.825 112.790 113.295
Nondefense 110.095 110.613 110.917
State and local 110.131 111.524 112.735
Table 1.1.5. Gross Domestic Product
[Billions of dollars]
Line 2002 2003
Gross domestic product 1 10,487.0 11,004.0
Personal consumption
expenditures 2 7,376.1 7,760.9
Durable goods 3 916.2 950.7
Nondurable goods 4 2,080.1 2,200.1
Services 5 4,379.8 4,610.1
Gross private domestic
investment 6 1,579.2 1,665.8
Fixed investment 7 1,568.0 1,667.0
Nonresidential 8 1,063.9 1,094.7
Structures 9 271.6 261.6
Equipment and software 10 792.4 833.1
Residential 11 504.1 572.3
Change in private inventories 12 11.2 -1.2
Net exports of goods and
services 13 -424.9 -498.1
Exports 14 1,005.0 1,046.2
Goods 15 697.0 726.4
Services 16 308.0 319.8
Imports 17 1,429.9 1,544.3
Goods 18 1,189.6 1,282.0
Services 19 240.2 262.3
Government consumption
expenditures and gross
investment 20 1,956.6 2,075.5
Federal 21 680.8 752.2
National defense 22 437.4 496.4
Nondefense 23 243.4 255.7
State and local 24 1,275.8 1,323.3
Seasonally adjusted at
annual rates
2003
III IV
Gross domestic product 11,116.7 11,270.9
Personal consumption
expenditures 7,822.5 7,914.9
Durable goods 972.7 971.1
Nondurable goods 2,219.2 2,250.1
Services 4,630.6 4,693.6
Gross private domestic
investment 1,696.6 1,758.8
Fixed investment 1,700.2 1,755.2
Nonresidential 1,113.3 1,146.3
Structures 262.3 268.2
Equipment and software 851.1 878.1
Residential 586.9 609.0
Change in private inventories -3.7 3.5
Net exports of goods and
services -488.8 -502.8
Exports 1,047.7 1,099.2
Goods 725.9 761.3
Services 321.7 337.9
Imports 1,536.4 1,602.0
Goods 1,270.3 1,326.4
Services 266.1 275.6
Government consumption
expenditures and gross
investment 2,086.4 2,100.0
Federal 756.7 767.5
National defense 498.1 513.6
Nondefense 258.7 253.9
State and local 1,329.7 1,332.6
Seasonally adjusted at
annual rates
2004
I II III
Gross domestic product 11,472.6 11,657.5 11,810.0
Personal consumption
expenditures 8,060.2 8,153.8 8,278.3
Durable goods 976.3 975.5 1,007.0
Nondurable goods 2,316.6 2,354.6 2,387.7
Services 4,767.3 4,823.8 4,883.6
Gross private domestic
investment 1,819.7 1,920.7 1,949.5
Fixed investment 1,783.5 1,861.7 1,916.1
Nonresidential 1,158.8 1,198.5 1,238.7
Structures 266.0 275.5 281.8
Equipment and software 892.8 923.1 956.9
Residential 624.6 663.2 677.4
Change in private inventories 36.2 59.0 33.3
Net exports of goods and
services -546.8 -591.3 -616.7
Exports 1,134.3 1,167.6 1,190.1
Goods 790.3 812.2 832.6
Services 344.1 355.4 357.6
Imports 1,681.2 1,758.9 1,806.8
Goods 1,399.2 1,470.1 1,508.6
Services 282.0 288.8 298.2
Government consumption
expenditures and gross
investment 2,139.5 2,174.3 2,199.0
Federal 793.3 804.4 816.9
National defense 534.1 541.2 556.6
Nondefense 259.1 263.2 260.4
State and local 1,346.3 1,369.9 1,382.1
Table 1.1.6. Real Gross Domestic Product, Chained Dollars
[Billions of chained (2000) dollars]
Line 2002 2003
Gross domestic product 1 10,074.8 10,381.3
Personal consumption
expenditures 2 7,123.4 7,355.6
Durable goods 3 959.6 1,030.6
Nondurable goods 4 2,037.4 2,112.4
Services 5 4,128.6 4,220.3
Gross private domestic
investment 6 1,560.7 1,628.8
Fixed investment 7 1,548.9 1,627.3
Nonresidential 8 1,075.6 1,110.8
Structures 9 251.6 237.4
Equipment and software 10 826.5 879.2
Residential 11 470.0 511.2
Change in private inventories 12 11.7 -0.8
Net exports of goods and
services 13 -472.1 -518.5
Exports 14 1,012.3 1,031.8
Goods 15 706.4 721.7
Services 16 305.7 309.9
Imports 17 1,484.4 1,550.3
Goods 18 1,248.5 1,307.3
Services 19 235.9 243.3
Government consumption
expenditures and gross
investment 20 1,857.9 1,909.4
Federal 21 646.6 689.6
National defense 22 414.6 451.8
Nondefense 23 232.0 237.6
State and local 24 1,211.4 1,219.8
Residual 25 3.7 0.8
Seasonally adjusted at
annual rates
2003
III IV
Gross domestic product 10,472.8 10,580.7
Personal consumption
expenditures 7,401.7 7,466.8
Durable goods 1,059.6 1,069.7
Nondurable goods 2,125.3 2,152.0
Services 4,227.9 4,256.7
Gross private domestic
investment 1,659.4 1,714.1
Fixed investment 1,660.6 1,702.7
Nonresidential 1,131.1 1,161.0
Structures 237.9 242.4
Equipment and software 899.7 925.6
Residential 523.8 535.9
Change in private inventories -3.5 8.6
Net exports of goods and
services -508.7 -528.3
Exports 1,033.8 1,076.2
Goods 723.1 750.6
Services 310.5 325.4
Imports 1,542.5 1,604.5
Goods 1,297.3 1,353.2
Services 245.2 251.7
Government consumption
expenditures and gross
investment 1,916.0 1,923.7
Federal 693.1 701.2
National defense 453.1 465.7
Nondefense 239.9 235.2
State and local 1,222.9 1,222.5
Residual -4.9 -4.7
Seasonally adjusted at
annual rates
2004
I II III
Gross domestic product 10,697.5 10,784.7 10,889.7
Personal consumption
expenditures 7,543.0 7,572.4 7,666.8
Durable goods 1,075.5 1,074.7 1,118.2
Nondurable goods 2,187.3 2,188.0 2,213.7
Services 4,291.7 4,320.0 4,351.0
Gross private domestic
investment 1,764.5 1,842.9 1,855.5
Fixed investment 1,721.4 1,778.3 1,816.3
Nonresidential 1,173.0 1,207.9 1,245.3
Structures 237.7 241.7 241.5
Equipment and software 943.7 975.5 1,015.0
Residential 542.5 563.6 566.1
Change in private inventories 40.0 61.1 35.9
Net exports of goods and
services -550.1 -580.3 -588.0
Exports 1,095.4 1,114.8 1,132.1
Goods 767.2 778.4 795.6
Services 328.1 336.2 336.3
Imports 1,645.5 1,695.1 1,720.1
Goods 1,394.1 1,437.4 1,457.0
Services 252.4 258.9 264.1
Government consumption
expenditures and gross
investment 1,935.8 1,946.5 1,952.4
Federal 713.3 718.1 726.4
National defense 477.6 479.9 491.2
Nondefense 235.4 237.9 234.7
State and local 1,222.4 1,228.3 1,225.9
Residual -5.1 -4.3 -14.3
NOTE. Chained (2000) dollar series are calculated as the product of the
chain-type quantity index and the 2000 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.
Table 1.1.7. Percent Change From Preceding Period in Prices for
Gross Domestic Product
[Percent]
Line 2002 2003
Gross domestic product 1 1.7 1.8
Personal consumption
expenditures 2 1.4 1.9
Durable goods 3 -2.7 -3.4
Nondurable goods 4 0.6 2.0
Services 5 2.7 3.0
Gross private domestic
investment 6 0.2 1.1
Fixed investment 7 0.2 1.2
Nonresidential 18 -0.8 -0.4
Structures 9 2.4 2.1
Equipment and software 10 -1.9 -1.2
Residential 11 2.5 4.4
Change in private inventories 12
Net exports of goods and
services 13
Exports 14 -0.4 2.1
Goods 15 0.7 2.0
Services 16 0.4 2.4
Imports 17 1.2 3.4
Goods 18 -1.8 2.9
Services 19 1.7 5.9
Government consumption
expenditures and gross 20 2.7 3.2
investment 21 3.3 3.6
Federal 22 3.4 4.2
National defense 23 3.1 2.6
Nondefense 24 2.4 3.0
State and local
Addendum:
Gross national product 25 1.6 1.8
Seasonally adjusted
at annual rates
2003
III IV
Gross domestic product 1.4 1.6
Personal consumption
expenditures 1.6 1.2
Durable goods -4.4 -4.3
Nondurable goods 3.5 0.5
Services 2.0 2.7
Gross private domestic
investment 1.2 2.7
Fixed investment 1.2 2.8
Nonresidential 0.3 1.2
Structures 1.3 1.4
Equipment and software 0.0 1.2
Residential 3.1 5.8
Change in private inventories
Net exports of goods and
services
Exports 0.8 3.2
Goods 0.6 4.2
Services 4.0 0.9
Imports 2.6 0.9
Goods 2.4 0.4
Services 3.6 3.5
Government consumption
expenditures and gross 2.2 1.0
investment 1.1 1.0
Federal 1.1 1.3
National defense 1.0 0.3
Nondefense 2.9 1.0
State and local
Addendum:
Gross national product 1.5 1.6
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 2.8 3.2 1.3
Personal consumption
expenditures 3.3 3.1 1.1
Durable goods 0.0 -0.1 -3.1
Nondurable goods 5.3 6.6 0.9
Services 3.0 2.2 2.1
Gross private domestic
investment 2.1 4.4 3.1
Fixed investment 2.0 4.3 3.1
Nonresidential 0.3 1.7 1.0
Structures 4.8 7.6 9.8
Equipment and software -1.1 0.1 -1.5
Residential 5.4 9.1 7.0
Change in private inventories
Net exports of goods and
services
Exports 5.7 4.6 1.5
Goods 6.4 5.3 1.2
Services 4.0 3.2 2.3
Imports 9.6 6.4 5.0
Goods 9.9 7.8 5.0
Services 8.3 -0.5 4.9
Government consumption
expenditures and gross 5.1 4.3 3.4
investment 6.6 3.0 1.6
Federal 5.7 3.5 1.8
National defense 8.3 1.9 1.1
Nondefense 4.2 5.2 4.4
State and local
Addendum:
Gross national product 2.8 3.2 1.3
Table 1.1.8. Contributions to Percent Change in the Gross Domestic
Product Price Index
Line 2002 2003
Percent change at annual rate:
Gross domestic product 1 1.7 1.8
Percentage points at annual
rates:
Personal consumption
expenditures 2 1.00 1.33
Durable goods 3 -0.24 -0.30
Nondurable goods 4 0.11 0.40
Services 5 1.13 1.24
Gross private domestic
investment 6 0.03 0.16
Fixed investment 7 0.03 0.18
Nonresidential 8 -0.08 -0.04
Structures 9 0.07 0.05
Equipment and software 10 -0.15 -0.09
Residential 11 0.12 0.22
Change in private inventories 12 0.00 -0.02
Net exports of goods and
services 13 0.13 -0.27
Exports 14 -0.04 0.20
Goods 15 -0.05 0.13
Services 16 0.01 0.07
Imports 17 0.17 -0.47
Goods 18 0.21 -0.33
Services 19 -0.04 -0.13
Government consumption
expenditures and gross
investment 20 0.49 0.60
Federal 21 0.21 0.24
National defense 22 0.14 0.18
Nondefense 23 0.07 0.06
State and local 24 0.29 0.36
Seasonally adjusted
at annual rates
2003
III IV
Percent change at annual rate:
Gross domestic product 1.4 1.6
Percentage points at annual
rates:
Personal consumption
expenditures 1.14 0.85
Durable goods -0.39 -0.38
Nondurable goods 0.70 0.11
Services 0.83 1.13
Gross private domestic
investment 0.17 0.42
Fixed investment 0.19 0.42
Nonresidential 0.03 0.12
Structures 0.03 0.03
Equipment and software 0.00 0.09
Residential 0.16 0.30
Change in private inventories -0.02 -0.01
Net exports of goods and
services -0.29 0.17
Exports 0.07 0.30
Goods -0.04 0.27
Services 0.11 0.03
Imports -0.37 -0.13
Goods -0.28 -0.05
Services -0.09 -0.08
Government consumption
expenditures and gross
investment 0.42 0.18
Federal 0.07 0.06
National defense 0.05 0.06
Nondefense 0.02 0.01
State and local 0.35 0.12
Seasonally adjusted
at annual rates
2004
I II III
Percent change at annual rate:
Gross domestic product 2.8 3.2 1.3
Percentage points at annual
rates:
Personal consumption
expenditures 2.28 2.18 0.78
Durable goods 0.00 -0.01 -0.27
Nondurable goods 1.04 1.30 0.19
Services 1.24 0.88 0.85
Gross private domestic
investment 0.34 0.71 0.50
Fixed investment 0.31 0.67 0.49
Nonresidential 0.03 0.18 0.11
Structures 0.11 0.17 0.22
Equipment and software -0.08 0.01 -0.12
Residential 0.29 0.49 0.39
Change in private inventories 0.02 0.05 0.01
Net exports of goods and
services -0.78 -0.47 -0.59
Exports 0.54 0.45 0.15
Goods 0.43 0.36 0.08
Services 0.12 0.10 0.07
Imports -1.33 -0.92 -0.74
Goods -1.13 -0.94 -0.62
Services -0.20 0.01 -0.12
Government consumption
expenditures and gross
investment 0.93 0.80 0.62
Federal 0.44 0.20 0.11
National defense 0.26 0.16 0.08
Nondefense 0.18 0.04 0.02
State and local 0.49 0.60 0.51
Table 1.1.9. Implicit Price Deflators for Gross Domestic Product
[Index numbers, 2000=100]
Line 2002 2003
Gross domestic product 1 104.092 105.998
Personal consumption
expenditures 2 103.547 105.510
Durable goods 3 95.475 92.244
Nondurable goods 4 102.097 104.153
Services 5 106.084 109.237
Gross private domestic
investment 6 101.186 102.271
Fixed investment 7 101.235 102.436
Nonresidential 8 98.913 98.547
Structures 9 107.923 110.180
Equipment and software 10 95.868 94.754
Residential 11 107.246 111.952
Change in private inventories 12
Net exports of goods and
services 13
Exports 14 99.275 101.396
Goods 15 98.661 100.640
Services 16 100.769 103.219
Imports 17 96.326 99.615
Goods 18 95.281 98.068
Services 19 101.820 107.784
Government consumption
expenditures and gross
investment 20 105.313 108.702
Federal 21 105.288 109.082
National defense 22 105.489 109.876
Nondefense 23 104.932 107.632
State and local 24 105.318 108.485
Addendum:
Gross national product 25 104.082 105.992
Seasonally adjusted
2003
III IV
Gross domestic product 106.148 106.523
Personal consumption
expenditures 105.685 106.000
Durable goods 91.799 90.788
Nondurable goods 104.418 104.560
Services 109.525 110.263
Gross private domestic
investment 102.240 102.603
Fixed investment 102.388 103.086
Nonresidential 98.431 98.728
Structures 110.249 110.624
Equipment and software 94.589 94.863
Residential 112.054 113.630
Change in private inventories
Net exports of goods and
services
Exports 101.343 102.133
Goods 100.395 101.425
Services 103.612 103.849
Imports 99.607 99.840
Goods 97.918 98.019
Services 108.546 109.478
Government consumption
expenditures and gross
investment 108.897 109.167
Federal 109.180 109.449
National defense 109.917 110.283
Nondefense 107.839 107.919
State and local 108.736 109.007
Addendum:
Gross national product 106.146 106.516
2004
I II III
Gross domestic product 107.246 108.093 108.452
Personal consumption
expenditures 106.856 107.679 107.976
Durable goods 90.783 90.767 90.049
Nondurable goods 105.909 107.611 107.863
Services 111.080 111.663 112.239
Gross private domestic
investment 103.130 104.221 105.063
Fixed investment 103.603 104.693 105.498
Nonresidential 98.792 99.220 99.472
Structures 111.916 113.974 116.677
Equipment and software 94.611 94.627 94.282
Residential 115.133 117.664 119.674
Change in private inventories
Net exports of goods and
services
Exports 103.550 104.732 105.130
Goods 103.009 104.343 104.648
Services 104.881 105.711 106.323
Imports 102.165 103.763 105.043
Goods 100.363 102.276 103.542
Services 111.692 111.542 112.895
Government consumption
expenditures and gross
investment 110.523 111.703 112.628
Federal 111.205 112.022 112.461
National defense 111.830 112.795 113.299
Nondefense 110.097 110.616 110.919
State and local 110.130 111.523 112.734
Addendum:
Gross national product 107.240 108.087 108.451
Table 1.1.10. Percentage Shares of Gross Domestic Product
[Percent]
2003
Line 2002 2003 III IV
Gross domestic product 1 100.0 100.0 100.0 100.0
Personal consumption
expenditures 2 70.3 70.5 70.4 70.2
Durable goods 3 8.7 8.6 8.7 8.6
Nondurable goods 4 19.8 20.0 20.0 20.0
Services 5 41.8 41.9 41.7 41.6
Gross private domestic
investment 6 15.1 15.1 15.3 15.6
Fixed investment 7 15.0 15.1 15.3 15.6
Nonresidential 8 10.1 9.9 10.0 10.2
Structures 19 2.6 2.4 2.4 2.4
Equipment and software 10 7.6 7.6 7.7 7.8
Residential 11 4.8 5.2 5.3 5.4
Change in private inventories 12 0.1 0.0 0.0 0.0
Net exports of goods and
services 13 -4.1 -4.5 -4.4 -4.5
Exports 14 9.6 9.5 9.4 9.8
Goods 15 6.6 6.6 6.5 6.8
Services 16 2.9 2.9 2.9 3.0
Imports 17 13.6 14.0 13.8 14.2
Goods 18 11.3 11.7 11.4 11.8
Services 19 2.3 2.4 2.4 2.4
Government consumption
expenditures and gross
investment 20 18.7 18.9 18.8 18.6
Federal 21 6.5 6.8 6.8 6.8
National defense 22 4.2 4.5 4.5 4.6
Nondefense 23 2.3 2.3 2.3 2.3
State and local 24 12.2 12.0 12.0 11.8
2004
I II III
Gross domestic product 100.0 100.0 100.0
Personal consumption
expenditures 70.3 69.9 70.1
Durable goods 8.5 8.4 8.5
Nondurable goods 20.2 20.2 20.2
Services 41.6 41.4 41.4
Gross private domestic
investment 15.9 16.5 16.5
Fixed investment 15.5 16.0 16.2
Nonresidential 10.1 10.3 10.5
Structures 2.3 2.4 2.4
Equipment and software 7.8 7.9 8.1
Residential 5.4 5.7 5.7
Change in private inventories 0.3 0.5 0.3
Net exports of goods and
services -4.8 -5.1 -5.2
Exports 9.9 10.0 10.1
Goods 6.9 7.1 7.0
Services 3.0 3.0 3.0
Imports 14.7 15.1 15.3
Goods 12.2 12.6 12.8
Services 2.5 2.5 2.5
Government consumption
expenditures and gross
investment 18.6 18.7 18.6
Federal 6.9 6.9 6.9
National defense 4.7 4.6 4.7
Nondefense 2.3 2.3 2.2
State and local 11.7 11.8 11.7
Table 1.2.1. Percent Change From Preceding Period in Real
Gross Domestic Product by Major Type of Product
[Percent]
Line 2002 2003
Gross domestic product 1 1.9 3.0
Final sales of domestic
product 2 1.4 3.1
Change in private
inventories 3
Goods 4 1.2 4.3
Final sales 5 0.0 4.7
Change in private inventories 6
Durable goods 7 0.8 5.8
Final sales 8 -2.6 6.6
Change in private
inventories (1) 9
Nondurable goods 10 1.6 3.2
Final sales 11 2.3 3.1
Change in private
inventories (1) 12
Services (2) 13 3.0 2.3
Structures 14 -2.4 3.0
Addenda:
Motor vehicle output 15 11.6 4.2
Gross domestic product
excluding motor vehicle
output 16 1.5 3.0
Final sales of computers (3) 17 8.8 41.0
Gross domestic product
excluding final sales of
computers 18 1.8 2.8
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers 19 2.3 3.0
Seasonally adjusted
at annual rates
2003
III IV
Gross domestic product 7.4 4.2
Final sales of domestic
product 6.8 3.7
Change in private
inventories
Goods 17.7 5.8
Final sales 15.7 4.3
Change in private inventories
Durable goods 25.2 11.9
Final sales 24.4 4.6
Change in private
inventories (1)
Nondurable goods 11.7 0.9
Final sales 8.9 4.1
Change in private
inventories (1)
Services (2) 1.1 3.1
Structures 13.9 5.4
Addenda:
Motor vehicle output 26.3 2.9
Gross domestic product
excluding motor vehicle
output 6.8 4.2
Final sales of computers (3) 93.7 29.0
Gross domestic product
excluding final sales of
computers 6.8 4.0
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers 5.9 4.3
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 4.5 3.3 3.9
Final sales of domestic
product 3.3 2.5 4.9
Change in private
inventories
Goods 8.2 2.5 8.1
Final sales 4.6 0.1 11.3
Change in private inventories
Durable goods 8.7 2.6 9.5
Final sales 4.7 -1.1 18.9
Change in private
inventories (1)
Nondurable goods 7.8 2.4 7.0
Final sales 4.4 1.0 5.5
Change in private
inventories (1)
Services (2) 3.0 2.3 2.6
Structures 0.7 12.7 -1.3
Addenda:
Motor vehicle output 8.8 -15.2 10.1
Gross domestic product
excluding motor vehicle
output 4.3 4.0 3.7
Final sales of computers (3) 0.1 0.1 20.9
Gross domestic product
excluding final sales of
computers 4.5 3.3 3.8
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers 5.0 4.0 3.8
(1.) Estimates for durable goods and nondurable goods for 1996 and
earlier periods are based on the 1987 Standard Industrial
Classification (SIC); later estimates for these industries are based
on the North American Industry Classification System (NAICS).
(2.) Includes government consumption expenditures, which are for
services (such as education and national defense) produced by
government. In current dollars, these services are valued at their
cost of production.
(3.) For some components of final sales of computers, includes
computer parts.
Table 1.2.2. Contributions to Percent Change in Real Gross Domestic
Product by Major Type of Product
Line 2002 2003
Percent change at annual rate:
Gross domestic product 1 1.9 3.0
Percentage points at annual
rates:
Final sales of domestic
product 2 1.44 3.14
Change in private
inventories 3 0.42 -0.10
Goods 4 0.41 1.41
Final sales 5 -0.01 1.51
Change in private inventories 6 0.42 -0.10
Durable goods 7 0.12 0.85
Final sales 8 -0.41 0.96
Change in private
inventories (1) 9 0.54 -0.11
Nondurable goods 10 0.29 0.56
Final sales 11 0.40 0.55
Change in private
inventories (1) 12 -0.11 0.01
Services (2) 13 1.69 1.35
Structures 14 -0.24 0.29
Addenda:
Motor vehicle output 15 0.39 0.19
Gross domestic product
excluding motor vehicle
output 16 1.47 2.85
Final sales of computers (2) 17 0.08 0.31
Gross domestic product
excluding final sales of
computers 18 1.78 273
Seasonally adjusted
at annual rates
2003
III IV
Percent change at annual rate:
Gross domestic product 7.4 4.2
Percentage points at annual
rates:
Final sales of domestic
product 6.84 3.71
Change in private
inventories 0.57 0.47
Goods 5.45 1.90
Final sales 4.88 1.42
Change in private inventories 0.57 0.47
Durable goods 3.41 1.71
Final sales 3.34 0.70
Change in private
inventories (1) 0.08 1.02
Nondurable goods 2.04 0.18
Final sales 1.55 0.73
Change in private
inventories (1) 0.49 -0.54
Services (2) 0.67 1.77
Structures 1.29 0.52
Addenda:
Motor vehicle output 0.84 0.11
Gross domestic product
excluding motor vehicle
output 6.57 4.08
Final sales of computers (2) 0.64 0.26
Gross domestic product
excluding final sales of
computers 6.77 3.93
Seasonally adjusted
at annual rates
2004
I II III
Percent change at annual rate:
Gross domestic product 4.5 3.3 3.9
Percentage points at annual
rates:
Final sales of domestic
product 3.32 2.52 4.86
Change in private
inventories 1.17 0.78 -0.91
Goods 2.65 0.82 2.60
Final sales 1.49 0.03 3.52
Change in private inventories 1.17 0.78 -0.91
Durable goods 1.28 0.39 1.38
Final sales 0.70 -0.15 2.56
Change in private
inventories (1) 0.58 0.54 -1.18
Nondurable goods 1.37 0.42 1.22
Final sales 0.79 0.18 0.96
Change in private
inventories (1) 0.58 0.25 0.27
Services (2) 1.76 1.30 1.48
Structures 0.07 1.19 -0.13
Addenda:
Motor vehicle output 0.30 -0.58 0.33
Gross domestic product
excluding motor vehicle
output 4.18 3.88 3.62
Final sales of computers (2) 0.00 0.00 0.18
Gross domestic product
excluding final sales of
computers 4.48 3.30 3.77
(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.) For some components of final sales of computers, includes
computer parts.
Table 1.2.3. Real Gross Domestic Product by Major Type of Product,
Quantity Indexes
[Index numbers, 2000=100]
Line 2002 2003
Gross domestic product 1 102.626 105.749
Final sales of domestic
product 2 103.102 106.346
Change in private
inventories 3
Goods 4 99.520 103.840
Final sales 5 100.824 105.526
Change in private inventories 6
Durable goods 7 96.238 101.797
Final sales 8 97.510 103.950
Change in private
inventories (1) 9
Nondurable goods 10 102.591 105.827
Final sales 11 103.825 107.017
Change in private
inventories (1) 12
Services (2) 13 105.389 107.839
Structures 14 97.955 100.891
Addenda:
Motor vehicle output 15 106.338 110.849
Gross domestic product
excluding motor vehicle
output 16 102.497 105.570
Final sales of computers (3) 17 123.817 174.608
Gross domestic product
excluding final sales of
computers 18 102.428 105.248
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers 19 103.118 106.238
Seasonally adjusted
2003
III IV
Gross domestic product 106.681 107.780
Final sales of domestic
product 107.309 108.290
Change in private
inventories
Goods 105.824 107.331
Final sales 107.623 108.771
Change in private inventories
Durable goods 104.372 107.357
Final sales 107.457 108.676
Change in private
inventories (1) .
Nondurable goods 107.295 107.543
Final sales 107.900 108.988
Change in private
inventories (1) .
Services (2) 108.018 108.836
Structures 102.624 103.985
Addenda:
Motor vehicle output 114.069 114.894
Gross domestic product
excluding motor vehicle
output 106.422 107.531
Final sales of computers (3) 188.982 201.418
Gross domestic product
excluding final sales of
computers 106.101 107.136
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers 106.979 108.120
Seasonally adjusted
2004
I II III
Gross domestic product 108.969 109.858 110.927
Final sales of domestic
product 109.173 109.854 111.183
Change in private
inventories
Goods 109.477 110.142 112.313
Final sales 109.988 110.003 112.997
Change in private inventories
Durable goods 109.632 110.325 112.866
Final sales 109.931 109.632 114.485
Change in private
inventories (1)
Nondurable goods 109.586 110.228 112.098
Final sales 110.174 110.448 111.925
Change in private
inventories (1)
Services (2) 109.656 110.269 110.972
Structures 104.164 107.319 106.963
Addenda:
Motor vehicle output 117.344 112.620 115.369
Gross domestic product
excluding motor vehicle
output 108.676 109.758 110.770
Final sales of computers (3) 201.489 201.553 211.327
Gross domestic product
excluding final sales of
computers 108.329 109.221 110.244
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers 109.444 110.524 111.551
(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.) For some components of final sales of computers, includes
computer parts.
Table 1.2.4. Price Indexes for Gross Domestic Product
by Major Type of Product
[Index numbers, 2000=100]
Line 2002 2003
Gross domestic product 1 104.097 106.003
Final sales of domestic
product 2 104.100 106.025
Change in private
inventories 3
Goods 4 100.214 99.533
Final sales 5 100.222 99.592
Change in private inventories 6 .
Durable goods 7 96.618 94.128
Final sales 8 96.625 94.159
Change in private
inventories (1) 9
Nondurable goods 10 103.529 104.499
Final sales 11 103.576 104.616
Change in private
inventories (1) 12
Services (2) 13 105.925 109.124
Structures 14 107.355 110.979
Addenda:
Motor vehicle output 15 97.710 96.462
Gross domestic product
excluding motor vehicle
output 16 104.338 106.372
Final sales of computers (3) 17 63.542 53.457
Gross domestic product
excluding final sales of
computers 18 104.610 106.710
Seasonally adjusted
2003
III IV
Gross domestic product 106.158 106.586
Final sales of domestic
product 106.179 106.608
Change in private
inventories
Goods 99.519 99.533
Final sales 99.577 99.593
Change in private inventories
Durable goods 93.660 93.086
Final sales 93.696 93.139
Change in private
inventories (1)
Nondurable goods 104.897 105.469
Final sales 105.009 105.570
Change in private
inventories (1)
Services (2) 109.383 109.971
Structures 111.126 112.146
Addenda:
Motor vehicle output 96.245 96.048
Gross domestic product
excluding motor vehicle
output 106.541 106.995
Final sales of computers (3) 52.134 51.321
Gross domestic product
excluding final sales of
computers 106.891 107.344
Seasonally Adjusted
2004
I II III
Gross domestic product 107.314 108.169 108.519
Final sales of domestic
product 107.332 108.178 108.529
Change in private
inventories
Goods 99.733 100.325 99.760
Final sales 99.778 100.344 99.766
Change in private inventories
Durable goods 92.741 92.630 92.096
Final sales 92.791 92.635 92.058
Change in private
inventories (1)
Nondurable goods 106.191 107.457 106.863
Final sales 106.259 107.507 106.930
Change in private
inventories (1)
Services (2) 110.943 111.699 112.293
Structures 113.408 115.849 118.222
Addenda:
Motor vehicle output 96.266 96.347 95.248
Gross domestic product
excluding motor vehicle
output 107.744 108.630 109.038
Final sales of computers (3) 50.327 49.946 48.586
Gross domestic product
excluding final sales of
computers 108.106 108.983 109.369
(1.) Estimates for durable goods and nondurable goods for 1996 and
earlier periods are based on the 1987 Standard Industrial
Classifiaction (SIC); later estimates for these industries are based
on the North American Industry Classifiaction 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.) For some components of final sales of computers, includes
computer parts.
Table 1.2.5. Gross Domestic Product
by Major Type of Product
[Billions of dollars]
Line 2002 2003
Gross domestic product 1 10,487.0 11,004.0
Final sales of domestic
product 2 10,475.9 11,005.3
Change in private
inventories 3 11.2 -1.2
Goods 4 3,439.5 3,564.5
Final sales 5 3,428.4 3,565.7
Change in private inventories 6 11.2 -1.2
Durable goods 7 1,570.9 1,618.8
Final sales 8 1,557.7 1,618.2
Change in private
inventories (1) 9 13.2 0.6
Nondurable goods 10 1,868.6 1,945.7
Final sales 11 1,870.7 1,947.5
Change in private 12 -2.0 -1.8
inventories (1) 13 6,056.9 6,384.7
Services (2) 14 990.7 1,054.8
Structures
Addenda: 15 379.2 390.2
Motor vehicle output
Gross domestic product
excluding motor vehicle 16 10,107.8 10,613.8
output 17 86.5 102.6
Final sales of computers (3)
Gross domestic product
excluding final sales of
computers 18 10,400.5 10,901.4
Seasonally adjusted
at annual rates
2003
III IV
Gross domestic product 11,116.7 11,270.9
Final sales of domestic
product 11,120.4 11,267.4
Change in private
inventories -3.7 3.5
Goods 3,632.3 3,679.0
Final sales 3,636.0 3,675.4
Change in private inventories -3.7 3.5
Durable goods 1,652.1 1,689.1
Final sales 1,665.3 1,674.2
Change in private
inventories (1) -13.2 14.9
Nondurable goods 1,980.3 1,989.9
Final sales 1,970.8 2,001.3
Change in private 9.5 -11.4
inventories (1) 6,410.3 6,493.6
Services (2) 1,074.1 1,098.4
Structures
Addenda: 400.6 402.9
Motor vehicle output
Gross domestic product
excluding motor vehicle 10,716.1 10,868.0
output 108.8 114.1
Final sales of computers (3)
Gross domestic product
excluding final sales of
computers 11,008.0 11,156.8
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 11,472.6 11,657.5 11,810.0
Final sales of domestic
product 11,436.4 11,598.5 11,776.7
Change in private
inventories 36.2 59.0 33.3
Goods 3,759.7 3,804.0 3,858.2
Final sales 3,723.4 3,745.0 3,824.8
Change in private inventories 36.3 59.0 33.3
Durable goods 1,718.4 1,727.2 1,756.7
Final sales 1,687.2 1,679.8 1,743.2
Change in private
inventories (1) 31.2 47.4 13.5
Nondurable goods 2,041.3 2,076.9 2,101.5
Final sales 2,036.2 2,065.3 2,081.6
Change in private 5.0 11.6 19.8
inventories (1) 6,600.4 6,682.5 6,760.9
Services (2) 1,112.6 1,171.0 1,191.0
Structures
Addenda: 412.3 396.1 401.1
Motor vehicle output
Gross domestic product
excluding motor vehicle 1,160.9 11,261.4 11,408.9
output 111.9 111.1 113.3
Final sales of computers (3)
Gross domestic product
excluding final sales of
computers 11,360.7 11,546.4 11,696.7
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.) For some components of final sales of computers, includes
computer parts.
Table 1.2.6. Real Gross Domestic Product
by Major Type of Product, Chained Dollars
[Billions of chained (2000) dollars]
Line 2002 2003
Gross domestic product 1 10,074.8 10,381.3
Final sales of domestic
product 2 10,063.2 10,379.9
Change in private
inventories 3 11.7 -0.8
Residual 4 -0.1 2.2
Goods 5 3,432.8 3,581.8
Final sales 6 3,420.8 3,580.3
Change in private inventories 7 11.7 -0.8
Durable goods 8 1,625.8 1,719.7
Final sales 9 1,612.1 1,718.6
Change in private
inventories (1) 10 13.4 0.4
Nondurable goods 11 1,805.6 1,862.5
Final sales 12 1,806.0 1,861.6
Change in private
inventories (1) 13 -1.5 -1.1
Services (2) 14 5,718.0 5,850.9
Structures 15 922.8 950.4
Residual 16 3.9 0.5
Addenda:
Motor vehicle output 17 388.1 404.6
Gross domestic product
excluding motor vehicle
output 18 9,688.0 9,978.5
Final sales of computers (3) 19 136.1 192.0
Gross domestic product
excluding final sales of
computers 20 9,942.7 10,216.5
Seasonally adjusted
at annual rates
2003
III IV
Gross domestic product 10,472.8 10,580.7
Final sales of domestic
product 10,473.9 10,569.6
Change in private
inventories -3.5 8.6
Residual 2.4 2.5
Goods 3,650.2 3,702.2
Final sales 3,651.5 3,690.4
Change in private inventories -3.5 8.6
Durable goods 1,763.2 1,813.7
Final sales 1,776.6 1,796.8
Change in private
inventories (1) -13.5 14.9
Nondurable goods 1,888.4 1,892.7
Final sales 1,877.0 1,895.9
Change in private
inventories (1) 9.2 -5.5
Services (2) 5,860.6 5,905.0
Structures 966.8 979.6
Residual -3.9 -6.0
Addenda:
Motor vehicle output 416.3 419.3
Gross domestic product
excluding motor vehicle
output 10,059.0 10,163.8
Final sales of computers (3) 207.8 221.4
Gross domestic product
excluding final sales of
computers 10,299.3 10,399.7
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 10,697.5 10,784.7 10,889.7
Final sales of domestic
product 10,655.8 10,722.3 10,852.0
Change in private
inventories 40.0 61.1 35.9
Residual 1.7 1.3 1.8
Goods 3,776.2 3,799.2 3,874.1
Final sales 3,731.7 3,732.2 3,833.8
Change in private inventories 40.0 61.1 35.9
Durable goods 1,852.1 1,863.8 1,906.7
Final sales 1,817.5 1,812.6 1,892.8
Change in private
inventories (1) 31.3 46.8 13.0
Nondurable goods 1,928.7 1,940.0 1,972.9
Final sales 1,916.5 1,921.3 1,947.0
Change in private
inventories (1) 9.8 16.1 22.6
Services (2) 5,949.5 5,982.7 6,020.9
Structures 981.3 1,011.0 1,007.6
Residual -8.4 -5.8 -14.2
Addenda:
Motor vehicle output 428.3 411.0 1,421.1
Gross domestic product
excluding motor vehicle
output 10,272.1 10,374.3 10,470.0
Final sales of computers (3) 221.5 221.6 232.3
Gross domestic product
excluding final sales of
computers 10,515.5 10,602.1 10,701.4
(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.) For some components of final sales of computers, includes
computer parts.
NOTE. Chained (2000) dollar series are calculated as the product of
the chain-type quantity index and the 2000 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 2002 2003 2003
III IV
Gross domestic product 1 1.9 3.0 7.4 4.2
Business (1) 2 1.8 3.8 9.3 4.2
Nonfarm (2) 3 1.8 3.8 9.3 4.6
Farm 4 6.5 4.0 0.5 -30.6
Households and institutions 5 2.3 -0.3 2.4 7.7
Households 6 2.3 -0.9 3.8 11.4
Nonprofit institutions serving
households (3) 7 2.3 0.5 0.7 3.0
General government (4) 8 1.7 1.1 0.4 0.8
Federal 9 1.9 2.6 0.3 -0.3
State and local 10 1.6 0.5 0.4 1.3
Addendum:
Gross Gross housing value added 11 2.6 -1.8 1.1 9.4
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 4.5 3.3 3.9
Business (1) 5.3 3.9 4.5
Nonfarm (2) 5.7 4.2 4.2
Farm -31.3 -21.3 36.6
Households and institutions 3.0 2.8 2.9
Households 4.4 3.6 3.7
Nonprofit institutions serving
households (3) 1.2 1.6 1.9
General government (4) 0.9 0.1 1.6
Federal 1.8 -0.7 0.4
State and local 0.5 0.5 2.1
Addendum:
Gross Gross housing value added 3.5 2.8 3.0
(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
tenant-occupied housing owned by nonprofit institutions.
(4.) Equals compensation of general government employees plus general
government consumption of fixed capital.
Table 1.3.3. Real Gross Value Added by Sector,
Quantity Indexes
[Index numbers, 2000=100]
Line 2002 2003
Gross domestic product 1 102.626 105.749
Business (1) 2 102.144 106.071
Nonfarm (2) 3 102.188 106.115
Farm 4 97.716 101.633
Households and institutions 5 105.095 104.793
Households 6 105.539 104.599
Nonprofit institutions serving
households (3) 7 104.511 105.039
General government (4) 8 103.539 104.718
Federal 9 102.470 105.174
State and local 10 103.983 104.514
Addendum:
Gross Gross housing value added 11 105.307 103.364
Seasonally adjusted
2003
III IV
Gross domestic product 106.681 107.780
Business (1) 107.327 108.428
Nonfarm (2) 107.330 108.550
Farm 106.684 97.378
Households and institutions 104.429 106.378
Households 104.060 106.911
Nonprofit institutions serving
households (3) 104.900 105.688
General government (4) 104.797 105.017
Federal 105.461 105.385
State and local 104.504 104.851
Addendum:
Gross Gross housing value added 102.522 104.862
Seasonally adjusted
2004
I II III
Gross domestic product 108.969 109.858 110.927
Business (1) 109.826 110.870 112.084
Nonfarm (2) 110.077 111.205 112.346
Farm 88.652 83.502 90.267
Households and institutions 107.156 107.887 108.668
Households 108.056 109.027 110.033
Nonprofit institutions serving
households (3) 105.992 106.415 106.907
General government (4) 105.247 105.281 105.693
Federal 105.856 105.681 105.790
State and local 104.976 105.102 105.643
Addendum:
Gross Gross housing value added 105.769 106.500 107.283
(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
tenant-occupied housing owned by nonprofit institutions.
(4.) Equals compensation of general government employees plus general
government consumption of fixed capital.
Table 1.3.4. Price Indexes for Gross Value Added by Sector
[Index numbers, 2000=100]
Line 2002 2003
Gross domestic product 1 104.097 106.003
Business (1) 2 102.929 104.112
Nonfarm (2) 3 102.941 104.112
Farm 4 101.314 116.649
Households and institutions 5 108.488 112.440
Households 6 108.414 111.344
Nonprofit institutions serving
households (3) 7 108.587 113.887
General government (4) 8 107.884 112.072
Federal 9 108.440 114.086
State and local 10 107.658 111.239
Addendum:
Gross housing value added 11 108.287 111.081
Seasonally adjusted
2003
III IV
Gross domestic product 106.158 106.586
Business (1) 104.309 104.594
Nonfarm (2) 104.206 104.281
Farm 115.341 139.298
Households and institutions 112.798 114.189
Households 111.448 113.096
Nonprofit institutions serving
households (3) 114.580 115.632
General government (4) 112.534 113.035
Federal 114.240 114.406
State and local 111.831 112.472
Addendum:
Gross housing value added 111.271 112.938
Seasonally adjusted
2004
I II III
Gross domestic product 107.314 108.169 108.519
Business (1) 105.144 106.020 106.251
Nonfarm (2) 104.795 105.557 105.980
Farm 144.434 160.638 134.643
Households and institutions 115.341 116.146 117.152
Households 114.211 115.165 116.041
Nonprofit institutions serving
households (3) 116.835 117.437 118.621
General government (4) 114.640 115.391 115.953
Federal 117.357 117.617 117.749
State and local 113.511 114.469 115.212
Addendum:
Gross housing value added 113.981 114.909 115.769
(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
tenant-occupied 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]
Line 2002 2003
Gross domestic product 1 10,487.0 11,004.0
Business (1) 2 8,057.1 8,472.3
Nonfarm (2) 3 7,986.3 8,387.5
Farm 4 70.8 84.8
Households and institutions 5 1,235.2 1,276.5
Households 6 704.4 717.0
Nonprofit institutions serving
households (3) 7 530.7 559.5
General government (4) 8 1,194.8 1,255.3
Federal 9 350.4 378.4
State and local 10 844.3 876.9
Addendum:
Gross housing value added 11 905.7 912.0
Seasonally adjusted
at annual rates
2003
III IV
Gross domestic product 11,116.7 11,270.9
Business (1) 8,579.3 8,685.4
Nonfarm (2) 8,491.1 8,593.7
Farm 88.2 91.7
Households and institutions 1,276.0 1,315.8
Households 713.9 744.3
Nonprofit institutions serving
households (3) 562.1 571.5
General government (4) 1,261.4 1,269.7
Federal 379.9 380.2
State and local 881.4 889.4
Addendum:
Gross housing value added 906.0 940.6
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 11,472.6 11,657.5 11,810.0
Business (1) 8,843.3 9,000.7 9,120.2
Nonfarm (2) 8,757.8 8,911.8 9,038.8
Farm 85.5 88.9 81.4
Households and institutions 1,338.8 1,357.4 1,379.0
Households 759.7 772.9 786.0
Nonprofit institutions serving
households (3) 579.1 584.4 593.1
General government (4) 1,290.5 1,299.4 1,310.8
Federal 391.8 392.0 392.8
State and local 898.7 907.4 918.0
Addendum:
Gross housing value added 957.5 972.0 986.4
(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
tenant-occupied housing owned by nonprofit institutions.
(4.) Equals compensation of general government employees plus general
government consumption of fixed capital.
Table 1.3.6. Real Gross Value Added by Sector, Chained Dollars
[Billions of chained (2000) dollars]
Line 2002 2003
Gross domestic product 1 10,074.8 10,381.3
Business (1) 2 7,831.0 8,132.1
Nonfarm (2) 3 7,761.3 8,059.6
Farm 4 69.9 72.7
Households and institutions 5 1,135.8 1,132.5
Households 6 649.7 644.0
Nonprofit institutions serving
households (3) 7 486.0 488.5
General government (4) 8 1,107.4 1,120.1
Federal 9 323.2 331.7
State and local 10 784.3 788.3
Addendum: 11 0.4 -3.5
Gross housing value added
Gross housing value added 12 836.4 821.0
Seasonally adjusted
at annual rates
2003
III IV
Gross domestic product 10,472.8 10,580.7
Business (1) 8,228.4 8,312.8
Nonfarm (2) 8,151.9 8,244.5
Farm 76.3 69.7
Households and institutions 1,128.6 1,149.6
Households 640.6 658.2
Nonprofit institutions serving
households (3) 487.9 491.5
General government (4) 1,120.9 1,123.2
Federal 332.6 332.3
State and local 788.2 790.8
Addendum: -4.7 -6.3
Gross housing value added
Gross housing value added 814.3 832.9
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 10,697.5 10,784.7 10,889.7
Business (1) 8,420.0 8,500.0 8,500.1
Nonfarm (2) 8,360.5 8,446.2 8,446.3
Farm 63.4 59.7 59.8
Households and institutions 1,158.0 1,165.9 1,165.9
Households 665.2 671.2 671.2
Nonprofit institutions serving
households (3) 492.9 494.9 494.9
General government (4) 1,125.7 1126.1 1,126.1
Federal 333.8 333.3 333.3
State and local 791.8 792.7 796.8
Addendum: -13.3 -13.3 -12.7
Gross housing value added
Gross housing value added 845.9 845.9 852.1
(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
tenant-occupied housing owned by nonprofit institutions.
(4.) Equals compensation of general government employees plus general
government consumption of fixed capital.
NOTE. Chained (2000) dollar series are calculated as the product of the
chain-type quantity index and the 2000 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.
Table 1.4.1. Percent Change From Preceding Period in Gross Domestic
Product, Gross Domestic Purchases, and Final Sales to Domestic
Purchasers
[Percent]
Line 2002 2003
Gross domestic product 1 1.9 3.0
Less: Exports of goods and
services 2 -2.3 1.9
Plus: Imports of goods and
services 3 3.4 4.4
Equals: Gross domestic
purchases 4 2.5 3.3
Less: Change in private
inventories 5
Equals: Final sales to domestic
purchasers 6 2.1 3.4
Addendum:
Final sales of domestic product 7 1.4 3.1
Seasonally adjusted
at annual rates
2003
III IV
Gross domestic product 7.4 4.2
Less: Exports of goods and
services 11.3 17.5
Plus: Imports of goods and
services 2.8 17.1
Equals: Gross domestic
purchases 6.4 4.7
Less: Change in private
inventories
Equals: Final sales to domestic
purchasers 5.9 4.2
Addendum:
Final sales of domestic product 6.8 3.7
Seasonally adjusted
at annual rates
2004
I II III
Gross domestic product 4.5 3.3 3.9
Less: Exports of goods and
services 7.3 7.3 6.3
Plus: Imports of goods and
services 10.6 12.6 6.0
Equals: Gross domestic
purchases 5.0 4.2 4.0
Less: Change in private
inventories
Equals: Final sales to domestic
purchasers 3.9 3.5 4.9
Addendum:
Final sales of domestic product 3.3 2.5 4.9
Table 1.4.3. Real Gross Domestic Product, Real Gross Domestic Purchases,
and Real Final Sales to Domestic Purchasers, Quantity Indexes
[Index numbers, 2000=100]
Season-
ally
adjust-
ed
Line 2002 2003 2003
III
Gross domestic product 1 102.626 105.749 106.681
Less: Exports of goods and
services 2 92.343 94.116 94.300
Plus: Imports of goods and
services 3 100.585 105.048 104.522
Equals: Gross domestic
purchases 4 103.414 106.858 107.668
Less: Change in private
inventories 5
Equals: Final sales to domestic
purchases 6 103.876 107.438 108.279
Addendum
Final sales of domestic
product 7 103.102 106.346 107.309
Seasonally adjusted
2003 2004
IV I II III
Gross domestic product 107.780 108.969 109.858 110.927
Less: Exports of goods and
services 98.170 99.924 101.690 103.264
Plus: Imports of goods and
services 108.725 111.504 114.862 116.554
Equals: Gross domestic
purchases 108.904 110.253 111.393 112.496
Less: Change in private
inventories
Equals: Final sales to domestic
purchases 109.401 110.455 111.396 112.749
Addendum
Final sales of domestic
product 108.290 109.173 109.854 111.183
Table 1.4.4. Price Indexes for Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers
[Index numbers, 2000=100]
Season-
ally
adjust-
ed
Line 2002 2003 2003
III
Gross domestic product 1 104.097 106.003 106.158
Less: Exports of goods and
services 2 99.275 101.395 101.355
Plus: Imports of goods and
services 3 96.326 99.615 99.606
Equals: Gross domestic
purchases 4 103.489 105.571 105.721
Less: Change in private
inventories 5
Equals: Final sales to
domestic purchases 6 103.491 105.592 105.741
Addendum
Final sales of domestic
product 7 104.100 106.025 106.179
Seasonally adjusted
2003 2004
IV I II III
Gross domestic product 106.586 107.314 108.169 108.519
Less: Exports of goods and
services 102.146 103.565 104.746 105.144
Plus: Imports of goods and
services 99.837 102.163 103.760 105.041
Equals: Gross domestic
purchases 106.086 106.980 107.913 108.398
Less: Change in private
inventories
Equals: Final sales to
domestic purchases 106.107 106.997 107.923 108.408
Addendum
Final sales of domestic
product 106.179 107.332 108.178 108.529
Table 1.4.5. Relation Gross Domestic Product, Gross Domestic Purchases,
and Final Sales to Domestic Purchasers
[Billions of dollars]
Season-
ally
adjust-
ed
Line 2002 2003 2003
III
Gross domestic product 1 10,487.0 11,004.0 11,116.7
Less: Exports of goods and
services 2 1,005.0 1,046.2 1,047.7
Plus: Imports of goods and
services 3 1,429.9 1,554.3 1,536.4
Equals: Gross domestic
purchases 4 10,911.9 11,502.2 11,605.5
Less: Change in private
inventories 5 11.2 -1.2 -3.7
Equals: Final sales to
domestic purchases 6 10,900.7 11,503.4 11,609.2
Addendum
Final sales of domestic
product 7 10,475.9 11,005.3 11,120.4
Seasonally adjusted quarterly totals
2003 2004
IV I II III
Gross domestic product 11,270.9 11,472.6 11,657.5 11,810.0
Less: Exports of goods and
services 1,099.2 1,134.3 1,167.6 1,190.1
Plus: Imports of goods and
services 1,602.0 1,681.2 1,758.9 1,806.8
Equals: Gross domestic
purchases 11,773.7 12,019.4 12,248.8 12,426.7
Less: Change in private
inventories 3.5 36.2 59.0 33.3
Equals: Final sales to
domestic purchases 11,770.1 11,983.2 12,189.8 12,393.4
Addendum
Final sales of domestic
product 11,267.4 11,436.4 11,598.5 11,776.7
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 chained (2000) dollars]
Season-
ally
adjust-
ed
Line 2002 2003 2003
III
Gross domestic product 1 10,074.8 10,381.3 10,472.8
Less: Exports of goods and
services 2 1,012.3 1,031.8 1,033.8
Plus: Imports of goods and
services 3 1,484.4 1,550.3 1,542.5
Equals: Gross domestic
purchases 4 10,544.6 10,895.7 10,978.3
Less: Change in private
inventories 5 11.7 -0.8 -3.5
Equals: Final sales to domestic
purchases 6 10,533.0 10,894.2 10,979.4
Addendum
Final sales of domestic
product 7 10,063.2 10,379.9 10,473.9
Seasonally adjusted
2003 2004
IV I
Gross domestic product 10,580.7 10,697.5
Less: Exports of goods and
services 1,076.2 1,095.4
Plus: Imports of goods and
services 1,604.5 1,645.5
Equals: Gross domestic
purchases 11,104.3 11,241.9
Less: Change in private
inventories 8.6 40.0
Equals: Final sales to domestic
purchases 11,093.2 11,200.1
Addendum
Final sales of domestic
product 10,569.6 10,655.8