National, International, and Regional Data
This section presents an extensive selection of economic statistics prepared by the Bureau of Economic Analysis (BEA) and a brief selection of collateral statistics prepared by other Government agencies and private organizations. Series that originate in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided through the courtesy of the compilers and are subject to their copyrights.
BEA's economic statistics are available on BEA's Web site at <www.bea.gov>. The site contains data, articles, news releases, and other information from BEA's national, industry, international, and regional programs.
The tables present annual [A], quarterly [Q], and monthly [M] data
National Data
A. Selected NIPA tables [A, Q]
S. Summary tables D-2
1. National product and income D-3
2. Personal income and outlays D-7
3. Government current receipts and expenditures D-8
4. Foreign transactions D-12
5. Saving and investment D-14
6. Income and employment by industry D-17
7. Quantity and price indexes D-18
8. Supplemental tables D-25
B. Other NIPA and NIPA-related tables
B.1 Personal income [A, M]D-30
B.2 Disposition of personal income [A, M]D-30
B.3 Gross domestic product by industry [A]D-31
B.4 Personal consumption expenditures by
type [A]D-32
B.5 Private fixed investment in structures by
type [A]D-33
B.6 Private fixed investment in equipment and
software by type [A]D-33
B.7 Compensation and wage and salary accruals by
industry [A]D-34
B.8 Employment by industry [A]D-35
B.9 Wage and salary accruals by employee and by
industry [A]D-36
B.10 Farm sector output, gross product, and
national income [A]D-37
B. 11 Housing sector output, gross product, and
national income [A]D-37
B.12 Net stock of private fixed assets by
type [A]D-38
C. Historical measures
C.1 GDP and other major NIPA aggregates D-39
D. Domestic perspectives [A, Q, M] D-42
E. Charts
Selected NIPA series D-44
Other indicators of the domestic economy D-50
International Data
F. Transactions tables
F.1 U.S. international transactions in goods
and services [A, M] D-52
F.2 U.S. international transactions [A, Q] D-53
F.3 U.S. international transactions by area [Q] D-54
F.4 Private services transactions [A] D-57
G. Investment tables [A]
G.1 U.S. international investment position D-58
G.2 USDIA: Selected items D-59
G.3 Selected financial and operating data of foreign
affiliates of U.S. companies D-60
G.4 FDIUS: Selected items D-61
G.5 Selected financial and operating data of U.S.
affiliates of foreign companies D-62
H. International perspectives [A, Q, M] D-3
I. Charts
The United States in the international economy D-64
Regional Data
J. State and regional tables
J. 1 Personal income [Q] D-65
J.2 Personal income and per capita
personal income [A] D-66
J.3 Disposable personal income and per capita
disposable personal income [A] D-67
J.4 Gross state product [A] D-8
K. Local area table
K. 1 Personal income and per capita personal income
by metropolitan area [A] D-9
L. Charts
Selected regional estimates D-71
Appendixes
A: Additional information about the NIPA estimates
Statistical conventions D-73
Reconciliation tables [A, Q] D-74
B: Suggested reading D-75
NATIONAL DATA
A. Selected NIPA Tables
The tables in this section include the most recent estimates of gross domestic product and its components; these estimates were released on October 30, 2003, and include the "advance" estimates for the third quarter of 2003.
The selected set of NIPA tables shown in this section presents quarterly estimates, which are updated monthly. In most of these tables, annual estimates are also shown.
The news release on gross domestic product is available within minutes of the time of release, and the "Selected NIPA Tables" are available later that day on BEA's Web site <www.bea.gov>.
The "Selected NIPA Tables" are also available on printouts or diskettes from BEA. To order, call the BEA Order Desk at 1-800-704-0415 (outside the United States, 202-606-9666).
S. Summary Tables
Table S.1. Summary of Percent Change From Preceding Period in Real
Gross Domestic Product and Related Measures
[Percent]
Seasonally
adjusted at
annual rates
2001 2002 2002
III IV
Gross domestic product .3 2.4 4.0 1.4
Personal consumption
expenditures 2.5 3.1 4.2 1.7
Durable goods 6.0 7.3 22.8 -8.2
Nondurable goods 2.0 3.2 1.0 5.1
Services 2.0 2.2 2.3 2.2
Gross private domestic
investment -10.7 1.0 3.6 6.3
Fixed investment -3.8 -3.1 -.3 4.4
Nonresidential -5.2 -5.7 -.8 2.3
Structures -1.7 -16.4 -21.4 -9.9
Equipment and software -6.4 -1.7 6.7 6.2
Residential .3 3.9 1.1 9.4
Change in private inventories
Net exports of goods and
services
Exports -5.4 -1.6 4.6 -5.8
Goods -5.9 -3.6 4.1 -11.5
Services -4.0 3.2 5.9 8.0
Imports -2.9 3.7 3.3 7.4
Goods -3.3 3.9 3.4 6.2
Services -.5 2.1 3.1 13.0
Government consumption
expenditures and gross
investment 3.7 4.4 2.9 4.6
Federal 4.8 7.5 4.3 11.0
National defense 5.0 9.3 6.9 11.0
Nondefense 4.5 4.3 -.3 11.1
State and local 3.1 2.8 2.2 1.2
Addenda:
Final sales of domestic
product 1.5 1.8 3.4 1.1
Gross domestic purchases .4 3.0 3.9 2.9
Final sales to domestic
purchasers 1.6 2.4 3.3 2.6
Gross national product .2 2.1 4.4 1.4
Disposable personal income 1.8 4.2 1.8 1.4
Seasonally adjusted at
annual rates
2003
I II III
Gross domestic product 1.4 3.3 7.2
Personal consumption
expenditures 2.0 3.8 6.6
Durable goods -2.0 24.3 26.9
Nondurable goods 6.1 1.4 7.9
Services .9 1.4 2.2
Gross private domestic
investment -5.3 2.0 9.3
Fixed investment -.1 7.1 14.0
Nonresidential -4.4 7.3 11.1
Structures -2.9 4.2 -2.4
Equipment and software -4.8 8.3 15.4
Residential 10.1 6.6 20.4
Change in private inventories
Net exports of goods and
services
Exports -1.3 -1.0 9.3
Goods 1.9 -1.6 7.6
Services -8.0 .5 13.2
Imports -6.2 8.8 .1
Goods -6.7 13.5 -2.6
Services -4.0 -11.4 13.9
Government consumption
expenditures and gross
investment .4 8.5 1.3
Federal .7 25.5 1.4
National defense -3.3 45.8 .0
Nondefense 8.4 -5.4 4.1
State and local .2 -.2 1.3
Addenda:
Final sales of domestic
product 2.3 4.0 7.8
Gross domestic purchases .6 4.4 6.0
Final sales to domestic
purchasers 1.4 5.1 6.6
Gross national product 1.4 3.5
Disposable personal income 1.6 2.6 7.2
NOTE. Percent changes from preceding period in the current-dollar
and price measures for these series are shown in table 8.1.
Table S.2. Summary of Contributions to Percent Change in Real Gross
Domestic Product
Seasonally
adjusted at
annual rates
2001 2002 2002
III IV
Percent change at annual rate:
Gross domestic product .3 2.4 4.0 1.4
Percentage points at annual
rates:
Personal consumption
expenditures 1.67 2.15 2.93 1.19
Durable goods 0.48 .59 1.74 -.72
Nondurable goods 0.39 .64 .22 1.01
Services 0.80 .92 .97 .90
Gross private domestic
investment -1.90 .15 0.55 .93
Fixed investment -.65 -.50 -.03 .65
Nonresidential -.66 -.68 -.08 .24
Structures -.05 -.52 -.62 -.25
Equipment and
software -.61 -.15 .53 .49
Residential .01 .18 .05 .41
Change in private
inventories -1.24 .65 .58 .28
Net exports of goods and
services -.18 -.67 -.01 -1.59
Exports -.59 -.17 .45 -.59
Goods -.47 -.26 .28 -.82
Services -.13 .09 .17 .23
Imports .42 -.50 -.47 -1.00
Goods .40 -.43 -.40 -.71
Services .01 -.07 -.07 -.30
Government consumption
expenditures and gross
investment .65 .81 .56 .85
Federal .29 .47 .29 .70
National defense .19 .37 .29 .46
Nondefense .10 .10 -.01 .25
State and local .36 .34 .27 .15
Seasonally adjusted at
annual rates
2003
I II III
Percent change at annual rate:
Gross domestic product 1.4 3.3 7.2
Percentage points at annual
rates:
Personal consumption
expenditures 1.40 2.68 4.66
Durable goods -0.17 1.79 2.05
Nondurable goods 1.21 .28 1.61
Services .36 .60 1.00
Gross private domestic
investment -.83 .30 1.37
Fixed investment -.02 1.05 2.04
Nonresidential -.47 .74 1.12
Structures -.07 .10 -.05
Equipment and
software -.40 .64 1.18
Residential .45 .31 .92
Change in private
inventories -.82 -.74 -.67
Net exports of goods and
services .78 -1.29 .84
Exports -.13 -.09 .88
Goods .13 -.10 .50
Services -.25 .02 .38
Imports .91 -1.21 -.04
Goods .81 -1.50 .29
Services .10 .30 -.33
Government consumption
expenditures and gross
investment .08 1.59 .27
Federal .05 1.61 .11
National defense -.15 1.74 .01
Nondefense .20 -.13 .10
State and local .03 -.02 .16
NOTE. More detailed contributions to percent change in real gross
domestic product are shown in table 8.2.
Contributions to percent change in major components of real gross
domestic product are shown in tables 8.3
through 8.6.
1. National Product and Income
Table 1.1. Gross Domestic Product
[Billions of dollars]
Seasonally adjusted
at annual rates
2002
2001 2002 III IV
Gross domestic
product 10,082.2 10,446.2 10,506.2 10,588.8
Personal consumption
expenditures 6,987.0 7,303.7 7,360.7 7,425.4
Durable goods 835.9 871.9 897.8 873.9
Nondurable goods 2,041.3 2,115.0 2,116.9 2,150.0
Services 4,109.9 4,316.8 4,346.0 4,401.5
Gross private domestic
investment 1,586.0 1,593.2 1,597.3 1,628.1
Fixed investment 1,646.3 1,589.3 1,579.7 1,603.6
Nonresidential 1,201.6 1,117.4 1,109.8 1,117.1
Structures 324.5 269.3 259.4 254.2
Equipment and
software 877.1 848.1 850.4 863.0
Residential 444.8 471.9 469.9 486.5
Change in private
inventories -60.3 3.9 17.6 24.5
Net exports of goods
and services -348.9 -423.6 -432.9 -476.0
Exports 1,034.1 1,014.9 1,038.6 1,025.4
Goods 733.5 703.6 722.6 702.6
Services 300.6 311.3 316.0 322.8
Imports 1,383.0 1,438.5 1,471.5 1,501.4
Goods 1,167.2 1,192.1 1,220.9 1,242.5
Services 215.8 246.4 250.6 258.9
Government
consumption
expenditures and
gross investment 1,858.0 1,972.9 1,981.1 2,011.3
Federal 628.1 693.7 697.7 716.9
National defense 399.9 447.4 451.2 464.7
Nondefense 228.2 246.3 246.5 252.2
State and local 1,229.9 1,279.2 1,283.3 1,294.4
Seasonally adjusted at annual
rates
2003
I II III
Gross domestic
product 10,688.4 10,802.7 11,038.4
Personal consumption
expenditures 7,512.5 7,598.6 7,766.5
Durable goods 861.2 900.5 947.0
Nondurable goods 2,206.8 2,203.3 2,265.8
Services 4,444.6 4,494.8 4,553.8
Gross private domestic
investment 1,611.2 1,616.5 1,656.0
Fixed investment 1,610.7 1,635.0 1,693.0
Nonresidential 1,103.4 1,119.0 1,149.8
Structures 254.9 257.3 257.1
Equipment and
software 848.6 861.7 892.7
Residential 507.3 516.0 543.2
Change in private
inventories .4 -18.5 -37.0
Net exports of goods
and services -487.2 -504.6 -488.6
Exports 1,031.8 1,031.5 1,059.7
Goods 711.9 711.9 724.5
Services 319.9 319.6 335.1
Imports 1,519.0 1,536.1 1,548.3
Goods 1,256.1 1,274.1 1,274.3
Services 262.9 262.0 274.0
Government
consumption
expenditures and
gross investment 2,052.0 2,092.2 2,104.5
Federal 735.2 779.8 784.4
National defense 471.1 518.6 520.1
Nondefense 264.1 261.1 264.3
State and local 1,316.8 1,312.5 1,320.2
NOTE. Percent changes from preceding period for selected items in
this table are shown in table 8.1.
Table 1.2. Real Gross Domestic Product
[Billions of chained (1996) dollars]
Seasonally
adjusted
at annual
rates
2002
2001 2002 III
Gross domestic product 9,214.5 9,439.9 9,485.6
Personal consumption
expenditures 8,377.2 6,576.0 6,609.9
Durable goods 931.9 999.9 1,032.4
Nondurablegoods 1,869.8 1,929.5 1,925.8
Services 3,594.9 3,675.6 3,687.0
Gross private domestic
investment 1,574.6 1,589.6 1,598.0
Fixed investment 1,627.4 1,577.3 1,571.6
Nonresidential 1,255.1 1,183.4 1,178.7
Structures 270.9 226.4 218.2
Equipment and software 988.2 971.1 977.2
Residential 373.5 388.2 387.1
Change in private inventories -61.4 5.2 18.8
Net exports at goods and
services -415.9 -488.5 -488.0
Exports 1,076.1 1,058.8 1,077.7
Goods 785.2 756.9 773.5
Services 292.0 301.5 304.0
Imports 1,492.0 1,547.4 1,565.7
Goods 1,270.5 1,320.1 1,340.3
Services 222.4 227.2 226.0
Government consumption
expenditures and gross
investment 1,640.4 1,712.8 1,715.5
Federal 570.6 613.3 615.1
National defense 366.0 400.0 402.5
Nondefense 204.4 213.3 212.7
State and local 1,069.4 1,099.7 1,100.6
Residual 22.6 19.9 12.1
Seasonally adjusted at annual rates
2002 2003
IV I II
Gross domestic product 9,518.2 9,552.0 9,629.4
Personal consumption
expenditures 6,637.9 6,670.9 6,733.9
Durable goods 1,010.6 1,005.4 1,061.5
Nondurablegoods 1,950.0 1,978.9 1,985.6
Services 3,707.0 3,714.9 3,728.0
Gross private domestic
investment 1,622.4 1,600.4 1,608.3
Fixed investment 1,588.5 1,587.9 1,615.3
Nonresidential 1,185.3 1,172.1 1,193.0
Structures 212.6 211.0 213.2
Equipment and software 992.1 979.9 999.5
Residential 395.9 405.5 412.0
Change in private inventories 25.8 4.8 -17.6
Net exports at goods and
services -532.2 -510.3 -546.1
Exports 1,061.6 1,058.1 1,055.5
Goods 750.3 753.9 750.8
Services 310.0 303.5 303.9
Imports 1,593.8 1,568.4 1,601.7
Goods 1,360.8 1,337.4 1,380.4
Services 233.0 230.7 223.8
Government consumption
expenditures and gross
investment 1,735.0 1,736.7 1,772.6
Federal 631.4 632.5 669.5
National defense 413.2 409.7 450.2
Nondefense 218.3 222.8 219.7
State and local 1,104.0 1,104.6 1,104.1
Residual 22.2 25.2 22.7
Seasonally
adjusted
at annual
rates
2003
III
Gross domestic product 9,797.2
Personal consumption
expenditures 6,842.1
Durable goods 1,126.6
Nondurablegoods 2,023.7
Services 3,748.5
Gross private domestic
investment 1,644.5
Fixed investment 1,669.1
Nonresidential 1,224.9
Structures 211.9
Equipment and software 1,036.0
Residential 431.6
Change in private inventories 135.8
Net exports at goods and
services -522.6
Exports 1,079.3
Goods 764.7
Services 313.5
Imports 1,602.0
Goods 1,371.3
Services 231.2
Government consumption
expenditures and gross
investment 1,778.3
Federal 671.7
National defense 450.2
Nondefense 222.0
State and local 1,107.6
Residual -0.8
NOTE. Chained (1996) dollar series are calculated as the product of
the chain-type quantity index and the 1996 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.
Percent changes from preceding period for selected items in this
table are shown in table 8.1; contributions to the percent change in
real gross domestic product are shown in table 8.2.
Chain-type quantity indexes for the series in this table are shown in
table 7.1.
Table 1.3. Gross Domestic Product by Major Type of Product
[Billions of dollars]
Seasonally adjusted
at annual rates
2002
2001 2002 III IV
Gross domestic
product 10,082.2 10,446.2 10,506.2 10,588.8
Final sales of
domestic product 10,142.5 10,442.4 10,488.7 10,564.3
Change in private
inventories -60.3 3.9 17.6 24.5
Goods 3,593.7 3,694.1 3,732.7 3,720.4
Final sales 3,654.0 3,690.2 3,715.2 3,695.9
Change in private
inventories -60.3 3.9 17.6 24.5
Durable goods 1,611.4 1,644.8 1,683.1 1,662.7
Final sales 1,676.4 1,643.7 1,678.3 1,638.2
Change in private
inventories (1) -65.0 1.1 4.8 24.5
Nondurable goods 1,982.3 2,049.3 2,049.6 2,057.7
Final sales 1,977.6 2,046.5 2,036.9 2,057.8
Change in private
inventories (1) 4.7 2.8 12.7 -.1
Services 5,535.1 5,814.7 5,849.7 5,930.9
Structures 953.3 937.5 923.8 937.5
Addenda:
Motor vehicle output 312.0 344.2 360.7 349.7
Gross domestic
product less motor
vehicle output 9,770.2 10,102.0 10,145.5 10,239.1
Seasonally adjusted at annual rates
2003
I II III
Gross domestic
product 10,688.4 10,802.7 11,038.4
Final sales of
domestic product 10,688.0 10,821.2 11,075.5
Change in private
inventories .4 -18.5 -37.0
Goods 3,735.5 3,750.6 3,888.2
Final sales 3,735.0 3,769.1 3,925.2
Change in private
inventories .4 -18.5 -37.0
Durable goods 1,639.4 1,659.1 1,731.3
Final sales 1,627.8 1,673.4 1,763.4
Change in private
inventories (1) 11.6 -14.3 -32.1
Nondurable goods 2,096.0 2,091.5 2,156.8
Final sales 2,107.3 2,095.7 2,161.7
Change in private
inventories (1) -11.2 -4.1 -4.9
Services 5,993.0 6,080.8 6,147.2
Structures 960.0 971.2 1,003.1
Addenda:
Motor vehicle output 347.4 340.9 370.8
Gross domestic
product less motor
vehicle output 10,341.1 10,461.8 10,667.7
(1.) Estimates for durable goods and nondurable goods for 1997 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. Percent changes from preceding period for gross domestic
product and for final sales of domestic product are shown in table 81.
Table 1.4. Real Gross Domestic Product by Major Type of Product
[Billions of chained (1996) dollars]
Seasonally
adjusted
at annual
rates
2002
2001 2002 III
Gross domestic product 9,214.5 9,439.9 9,485.6
Final sales of domestic
product 9,258.4 9,424.4 9,457.2
Change in private inventories -61.4 5.2 18.8
Residual 17.5 10.3 9.6
Goods 3,589.9 3,710.1 3,754.8
Final sales 3,643.3 3,697.6 3,728.1
Change in private
inventories -61.4 5.2 18.8
Durable goods 1,754.9 1,822.8 1,872.5
Final sales 1,823.9 1,819.3 1,864.6
Change in private
inventories (1) -67.9 1.4 5.0
Nondurable goods 1,834.2 1,888.2 1,888.0
Final sales 1,825.6 1,879.9 1,870.2
Change in private
inventories (1) 4.8 3.8 13.6
Services 4,826.4 4,959.9 4,976.4
Structures 797.1 775.0 764.0
Residual 4.6 .6 -8.2
Addenda:
Motor vehicle 315.9 356.5 375.7
Gross domestic product less
motor vehicle output 8,896.6 9,065.0 9,113.8
Seasonally adjusted at annual rates
2002 2003
IV I II
Gross domestic product 9,518.2 9,552.0 9,629.4
Final sales of domestic
product 9,483.1 9,536.2 9,631.1
Change in private inventories 25.8 4.8 -17.6
Residual 9.3 11.0 15.9
Goods 3,740.1 3,760.9 3,784.0
Final sales 3,705.9 3,748.3 3,791.3
Change in private
inventories 25.8 4.8 -17.6
Durable goods 1,852.8 1,839.7 1,875.9
Final sales 1,823.2 1,824.3 1,889.6
Change in private
inventories (1) 25.1 12.2 -14.5
Nondurable goods 1,890.8 1,920.5 1,912.1
Final sales 1,884.2 1,921.9 1,907.9
Change in private
inventories (1) 1.4 -6.7 -3.6
Services 5,014.6 5,021.8 5,066.7
Structures 768.8 775.7 783.9
Residual .9 2.8 -.6
Addenda:
Motor vehicle 362.4 360.8 357.7
Gross domestic product less
motor vehicle output 9,157.8 9,192.8 9,272.4
Seasonally
adjusted
at annual
rates
2003
III
Gross domestic product 9,797.2
Final sales of domestic
product 9,814.7
Change in private inventories -35.8
Residual 18.3
Goods 3,919.3
Final sales 3,944.4
Change in private
inventories -35.8
Durable goods 1,971.6
Final sales 2,005.2
Change in private
inventories (1) -33.0
Nondurable goods 1,957.5
Final sales 1,953.6
Change in private
inventories (1) -4.2
Services 5,089.1
Structures 806.0
Residual -19.5
Addenda:
Motor vehicle 390.9
Gross domestic product less
motor vehicle output 9,411.3
(1.) Estimates for durable goods and nondurable goods for 1997 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. Chained (1996) dollar series are calculated as the product of
the chain-type quantity index and the 1996 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.
Percent changes from preceding period for gross domestic product and
for final sales of domestic product are shown in table 8.1.
Chain-type quantity indexes for the series in this table are shown
in table 7.17.
Table 1.5. Relation of Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers
[Billions of dollars]
Gross domestic product 10,082.2 10,446.2 10,506.2 10,588.8
Less: Exports of goods
and services 1,034.1 1,014.9 1,038.6 1,025.4
Plus: Imports of goods
and services 1,383.0 1,438.5 1,471.5 1,501.4
Equals: Grass domestic
purchases 10,431.0 10,869.9 10,939.1 11,064.8
Less: Change in private
inventories -60.3 3.9 17.6 24.5
Equals: Final sales to
domestic purchasers 10,491.4 10,866.0 10,921.5 11,040.3
Gross domestic product 10,688.4 10,802.7 11,038.4
Less: Exports of goods
and services 1,031.8 1,031.5 1,059.7
Plus: Imports of goods
and services 1,519.0 1,536.1 1,548.3
Equals: Grass domestic
purchases 11,175.6 11,307.3 11,527.1
Less: Change in private
inventories .4 -18.5 -37.0
Equals: Final sales to
domestic purchasers 11,175.2 11,325.8 11,564.1
NOTE. Percent changes from preceding period for selected items in
this table are shown in table 8.1.
Table 1.6. Relation of Real Gross Domestic Product, Real Gross
Domestic Purchases, and Real Final Sales to Domestic Purchasers
[Billions of chained (1996) dollars]
Gross domestic product 9,214.5 9,439.9 9,485.6 9,518.2
Less: Exports of goods and
services 1,076.1 1,058.8 1,077.7 1,061.6
Plus: Imports of goods and
services 1,492.0 1,547.4 1,565.7 1,593.8
Equals: Gross domestic
purchases 9,600.7 9,889.8 9,934.7 10,005.5
Less: Change in private
inventories -61.4 5.2 18.8 25.8
Equals: Final sales to
domestic purchasers 9,644.9 9,874.1 9,906.1 9,970.1
Gross domestic product 9,552.0 9,629.4 9,797.2
Less: Exports of goods and
services 1,058.1 1,055.5 1,079.3
Plus: Imports of goods and
services 1,568.4 1,601.7 1,602.0
Equals: Gross domestic
purchases 10,020.7 10,129.4 10,277.5
Less: Change in private
inventories 4.8 -17.6 -35.8
Equals: Final sales to
domestic purchasers 10,004.7 10,131.0 10,294.9
NOTE. Chained (1996) dollar series are calculated as the product of
the chain-type quantity index and the 1996 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.
Percent changes from preceding period for selected series in this
table are shown in table 8.1.
Chain-type quantity indexes for selected series in this table are
shown in table 7.2.
Table 1.7. Gross Domestic Product by Sector
[Billions of dollars]
Gross domestic
product 10,082.2 10,446.2 10,506.2
Business (1) 8,482.7 8,759.1 8,808.6
Nonfarm (2) 8,402.1 8,680.2 8,731.3
Nonfarm less
housing 7,571.1 7,814.4 7,862.0
Housing 831.1 865.8 869.2
Farm 80.6 78.9 77.4
Households and
institutions 459.6 486.1 490.5
Private households 11.9 10.8 10.8
Nonprofit institutions 447.7 475.3 479.7
General government (3) 1,139.8 1,201.1 1,207.1
Federal 332.8 355.6 357.7
State and local 807.0 845.5 849.3
Gross domestic
product 10,588.8 10,688.4 10,802.7
Business (1) 8,871.4 8,938.0 9,040.5
Nonfarm (2) 8,790.3 8,852.2 8,953.5
Nonfarm less
housing 7,925.2 7,980.7 8,091.2
Housing 865.1 871.5 862.2
Farm 81.1 85.8 87.0
Households and
institutions 499.9 508.7 510.8
Private households 11.0 11.2 11.5
Nonprofit institutions 488.9 497.5 499.3
General government (3) 1,217.4 1,241.7 1,251.4
Federal 360.5 378.6 384.5
State and local 857.0 863.1 866.9
Gross domestic
product 11,038.4
Business (1) 9,267.2
Nonfarm (2) 9,173.9
Nonfarm less
housing 8,298.5
Housing 875.3
Farm 93.4
Households and
institutions 515.8
Private households 11.7
Nonprofit institutions 504.1
General government (3) 1,255.4
Federal 385.4
State and local 870.0
(1.) Equals gross domestic product less gross product of households
and institutions and of general government.
(2.) Equals gross domestic business product less gross farm product.
(3.) Equals compensation of general government employees plus general
government consumption of fixed capital as shown in table 3.7.
Table 1.8. Real Gross Domestic Product by Sector
[Billions of chained (1996) dollars]
Gross domestic product 9,214.5 9,439.9 9,485.6
Business (1) 7,838.3 8,032.8 8,075.1
Nonfarm (2) 7,724.7 7,917.7 7,961.0
Nonfarm less housing 7,012.9 7,208.9 7,252.6
Housing 712.6 711.7 711.7
Farm 114.3 114.7 112.9
Households and institutions 398.7 407.7 409.0
Private households 10.1 8.8 8.9
Nonprofit institutions 388.7 398.9 400.3
General government (3) 978.5 1,000.9 1,003.2
Federal 291.3 297.5 298.5
State and local 687.0 703.1 704.4
Residual -2.4 -3.7 -3.7
Gross domestic product 9,518.2 9,552.0 9,629.4
Business (1) 8,099.8 8,127.2 8,201.4
Nonfarm (2) 7,983.9 8,010.7 8,086.7
Nonfarm less housing 7,285.5 7,311.9 7,399.2
Housing 703.2 703.8 694.7
Farm 115.5 116.2 113.0
Households and institutions 411.8 414.0 415.3
Private households 9.0 9.1 9.2
Nonprofit institutions 402.9 405.0 406.2
General government (3) 1,008.1 1,012.2 1,015.0
Federal 301.3 304.7 308.7
State and local 706.5 707.1 705.9
Residual -5.7 -5.8 -7.5
Gross domestic product 9,797.2
Business (1) 8,370.4
Nonfarm (2) 8,253.8
Nonfarm less housing 7,560.4
Housing 701.7
Farm 114.8
Households and institutions 417.0
Private households 9.3
Nonprofit institutions 407.7
General government (3) 1,014.9
Federal 309.1
State and local 705.5
Residual -11.3
(1.) Equals gross domestic product less gross product of households
and institutions and of general government.
(2.) Equals gross domestic business product less gross farm product.
(3.) Equals compensation of genera government employees plus general
government consumption of fixed capital as shown in table 3.8.
NOTE. Chained (1996) dollar series are calculated as the product of
the chain-type quantity index and the 1996 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.
Chain-type quantity indexes for the series in this table are
shown in table 7.14.
Table 1.9. Relation of Gross Domestic Product, Gross National Product,
Net National Product, National Income, and Personal Income
[Billions of dollars]
Seasonally
adjusted
at annual
rates
2002
2001 2002 III
Gross domestic product 10,082.2 10,446.2 10,506.2
Plus: Income receipts
from the rest of the
world 316.9 278.0 287.3
Less: Income payments
to the rest of the
world 295.0 287.6 298.2
Equals: Gross national
product 10,104.1 10,436.7 10,495.3
Less: Consumption of
fixed capital 1,329.3 1,393.5 1,405.3
Private 1,106.8 1,163.9 1,174.8
Capital
consumption
allowances 1,168.4 1,320.0 1,317.9
Less: Capital
consumption
adjustment 61.6 156.1 143.1
Government 222.4 229.6 230.5
General
government 187.7 195.0 195.7
Government
enterprises 34.8 34.6 34.8
Equals: Net national
product 8,774.8 9,043.3 9,090.0
Less: Indirect business
tax and nontax liability 774.8 800.4 806.9
Business transfer
payments 42.5 44.1 44.4
Statistical discrepancy -117.3 -108.8 -82.1
Plus: Subsidies less
current surplus of
government
enterprises 47.3 32.5 29.1
Equals: National
income 8,122.0 8,340.1 8,349.9
Less: Corporate profits
with inventory
valuation and capital
adjustments 731.6 787.4 771.0
Net interest 649.8 684.2 687.6
Contributions for
social insurance 726.1 746.5 748.8
Wage accruals less
disbursements 0.0 .0 .0
Plus: Personal interest
income 1,091.3 1,078.5 1,080.7
Personal dividend
income 409.2 433.8 437.3
Government transfer
payments to
persons 1,137.0 1,252.9 1,263.1
Business transfer
payments to
persons 33.4 35.1 35.3
Equals: Personal
income 8,685.3 8,922.2 8,958.9
Addenda:
Gross domestic
income 10,199.4 10,555.1 10,588.3
Gross national income 10,221.4 10,545.5 10,577.4
Net domestic product 8,752.9 9,052.8 9,101.0
Seasonally adjusted at annual rates
2002 2003
IV I II
Gross domestic product 10,588.8 10,688.4 10,802.7
Plus: Income receipts
from the rest of the
world 284.2 281.3 282.4
Less: Income payments
to the rest of the
world 293.4 291.5 286.0
Equals: Gross national
product 10,579.7 10,678.2 10,799.1
Less: Consumption of
fixed capital 1,415.4 1,421.4 1,418.4
Private 1,182.7 1,185.9 1,180.9
Capital
consumption
allowances 1,315.9 1,323.5 1,419.2
Less: Capital
consumption
adjustment 133.3 137.6 238.3
Government 232.7 235.5 237.5
General
government 197.6 200.0 201.7
Government
enterprises 35.1 35.5 35.8
Equals: Net national
product 9,164.3 9,256.8 9,380.6
Less: Indirect business
tax and nontax liability 813.3 821.7 833.6
Business transfer
payments 44.3 44.9 44.8
Statistical discrepancy -78.2 -74.6 -69.8
Plus: Subsidies less
current surplus of
government
enterprises 29.0 30.7 45.9
Equals: National
income 8,413.9 8,495.5 8,618.0
Less: Corporate profits
with inventory
valuation and capital
adjustments 796.1 816.5 897.1
Net interest 698.3 7,033.0 706.6
Contributions for
social insurance 750.9 762.0 765.8
Wage accruals less
disbursements .0 1.4 -1.4
Plus: Personal interest
income 1,080.9 1,075.8 1,081.5
Personal dividend
income 443.8 451.2 459.0
Government transfer
payments to
persons 1,283.5 1,304.9 1,329.3
Business transfer
payments to
persons 35.6 35.9 36.3
Equals: Personal
income 9,012.5 9,080.2 9,156.0
Addenda:
Gross domestic
income 10,667.0 10,763.0 10,872.5
Gross national income 10,657.9 10,752.8 10,868.9
Net domestic product 9,173.4 9,267.0 9,384.3
Seasonally
adjusted
at annual
rates
2003
III
Gross domestic product 11,038.4
Plus: Income receipts
from the rest of the
world
Less: Income payments
to the rest of the
world
Equals: Gross national
product
Less: Consumption of
fixed capital 1,424.7
Private 1,185.1
Capital
consumption
allowances 1,463.3
Less: Capital
consumption
adjustment 278.3
Government 239.7
General
government 203.6
Government
enterprises 36.1
Equals: Net national
product
Less: Indirect business
tax and nontax liability 847.4
Business transfer
payments 45.6
Statistical discrepancy
Plus: Subsidies less
current surplus of
government
enterprises 37.9
Equals: National
income
Less: Corporate profits
with inventory
valuation and capital
adjustments
Net interest 707.6
Contributions for
social insurance 770.3
Wage accruals less
disbursements .0
Plus: Personal interest
income 1,082.0
Personal dividend
income 466.5
Government transfer
payments to
persons 1,346.6
Business transfer
payments to
persons 36.6
Equals: Personal
income 9,247.0
Addenda:
Gross domestic
income
Gross national income
Net domestic product 9,613.7
Table 1.10. Relation of Real Gross Domestic Product, Real Gross
National Product, and Real Net National Product
[Billions of chained (1996) dollars]
Seasonally
adjusted
at annual
rates
2002
2001 2002 III
Gross domestic product 9,214.5 9,439.9 9,485.7
Plus: Income receipts from the
rest of the world 292.0 253.3 261.3
Less: Income payments to the
rest of the world 269.2 260.3 269.5
Equals: Gross national product 9,237.3 9,433.5 9,477.9
Less: Consumption of fixed
capital 1,320.8 1,399.9 1,417.0
Private 1,110.7 1,184.5 1,200.9
Government 210.9 216.6 217.5
General government 179.2 185.4 186.1
Government enterprises 31.7 31.2 31.3
Equals: Net national product. 7,928.1 8,049.7 8,078.3
Addenda:
Gross domestic income (1) 9,321.7 9,538.3 9,559.8
Gross national income (2) 9,344.5 9,532.0 9,552.2
Net domestic product 7,905.4 8,055.8 8,085.6
Seasonally adjusted at annual rates
2002 2003
IV I II
Gross domestic product 9,518.2 9,552.0 9,629.4
Plus: Income receipts from the
rest of the world 257.5 252.5 253.4
Less: Income payments to the
rest of the world 264.2 260.4 255.4
Equals: Gross national product 9,512.1 9,544.7 9,628.0
Less: Consumption of fixed
capital 1,433.7 1,488.7 1,464.8
Private 1,216.0 1,229.4 1,243.9
Government 219.1 220.8 222.5
General government 187.5 189.1 190.6
Government enterprises 31.6 31.7 31.9
Equals: Net national product. 8,097.2 8,116.2 8,184.1
Addenda:
Gross domestic income (1) 9,588.5 9,618.7 9,691.7
Gross national income (2) 9,582.4 9,611.4 9,690.3
Net domestic product 8,103.0 8,123.2 8,185.3
Seasonally
adjusted
at annual
rates
2003
III
Gross domestic product 9,797.2
Plus: Income receipts from the
rest of the world
Less: Income payments to the
rest of the world
Equals: Gross national product
Less: Consumption of fixed
capital 1,488.9
Private 1,266.6
Government 224.2
General government 192.1
Government enterprises 32.1
Equals: Net national product.
Addenda:
Gross domestic income (1)
Gross national income (2)
Net domestic product 8,329.2
(1.) Gross domestic income deflated by the implicit price deflator
for gross domestic product.
(2.) Gross national income deflated by the implicit price deflator
for gross national product.
NOTE. Except as noted in footnotes 1 and 2, chained (1996) dollar
series are calculated as the product of the chain-type quantity index
and the 1996 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 chain-type quantity index for gross national product is shown in
table 7.3.
Table 1.11. Command-Basis Real Gross National Product
[Billions of chained (1996) dollars]
Gross national product 9,237.3 9,433.5 9,477.9
Less: Exports of goods and
services and income receipts
from the rest of the world 1,366.5 1,307.1 1,334.2
Plus: Command-basis exports
of goods and services and
income receipts from the
rest of the world (1) 1,410.0 1,344.4 1,365.6
Equals: Command-basis gross
national product 9,280.9 9,470.8 9,509.3
Addendum:
Terms of trade (2) 103.2 102.8 102.4
Gross national product 9,512.1 9,544.7 9,628.0
Less: Exports of goods and
services and income receipts
from the rest of the world 1,314.4 1,305.5 1,304.0
Plus: Command-basis exports
of goods and services and
income receipts from the
rest of the world (1) 1,345.4 1,316.2 1,327.9
Equals: Command-basis gross
national product 9,543.1 9,555.4 9,651.9
Addendum:
Terms of trade (2) 102.4 100.8 101.8
(1.) Exports of goods and services and income receipts deflated by
the implicit price deflator for imports of goods and services and
income payments.
(2.) Ratio of the implicit price deflator for exports of goods and
services and income receipts to the corresponding
implicit price deflator for imports divided by 100.
NOTE. Chained (1996) dollar series are calculated as the product of
the chain-type quantity index and the 1996 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.
Percent changes from preceding period for gross national product are
shown in table 8.1.
Chain-type quantity indexes for the series in this table are shown
in table 7.3.
Table 1.14. National Income by Type of Income
[Billions of dollars]
Seasonally
adjusted
at annual
rates
2002
2001 2002 III
National income 8,122.0 8,340.1 8,349.9
Compensation of employees 5,874.9 5,969.5 5,988.4
Wage and salary accruals 4,950.6 4,996.4 5,007.4
Government 810.8 852.8 857.1
Other 4,139.8 4,143.6 4,150.3
Supplements to wages and
salaries 924.3 973.1 981.0
Employer contributions for
social insurance 353.9 362.5 363.5
Other labor income 570.4 610.6 617.5
Proprietors' income with
inventory valuation and
capital consumption
adjustments 727.9 756.5 758.7
Farm 19.0 12.9 10.7
Proprietors' income with
inventory valuation
adjustment 26.7 21.6 19.6
Capital consumption
adjustment -7.7 -8.7 -8.9
Nonfarm 708.8 743.7 748.0
Proprietors' income 621.6 630.1 635.0
Inventory valuation
adjustment .9 -1.0 -1.7
Capital consumption
adjustment 86.3 114.5 114.6
Rental income of persons with
capital consumption
adjustment 137.9 142.4 144.1
Rental income of persons 204.4 212.0 214.5
Capital consumption
adjustment -66.5 -69.6 -70.3
Corporate profits with
inventory valuation and
capital consumption
adjustments 731.6 787.4 771.0
Corporate profits with
inventory valuation
adjustment 675.1 658.3 653.4
Profits before tax 670.2 665.2 668.5
Profits tax liability 199.3 213.3 214.7
Profits after tax 470.9 451.9 453.8
Dividends 409.6 434.3 437.7
Undistributed profits 61.2 17.6 16.1
Inventory valuation
adjustment 5.0 -6.9 -15.1
Capital consumption
adjustment 56.5 129.1 117.6
Net interest 649.8 684.2 687.6
Addenda:
Corporate profits after tax
with inventory valuation
and capital consumption
adjustments 532.3 574.1 556.3
Net cash flow with inventory
valuation and capital
consumption adjustments 911.8 967.3 954.7
Undistributed profits with
inventory valuation and
capital consumption
adjustments 122.7 139.9 118.6
Consumption of fixed
capital 789.1 827.5 836.1
Less: Inventory valuation
adjustment 5.0 -6.9 -15.1
Equals: Net cash flow 906.8 974.2 969.8
Seasonally adjusted at annual rates
2002 2003
IV I II
National income 8,413.9 8,495.5 8,618.0
Compensation of employees 6,017.4 6,064.5 6,094.5
Wage and salary accruals 5,023.1 5,055.2 5,077.8
Government 865.4 882.4 888.9
Other 4,157.7 4,172.8 4,188.9
Supplements to wages and
salaries 994.3 1,009.2 1,016.8
Employer contributions for
social insurance 364.1 370.1 371.8
Other labor income 630.2 639.2 645.0
Proprietors' income with
inventory valuation and
capital consumption
adjustments 771.6 784.4 804.5
Farm 11.7 14.2 15.4
Proprietors' income with
inventory valuation
adjustment 20.8 23.5 24.5
Capital consumption
adjustment -9.1 -9.3 -9.1
Nonfarm 759.9 770.2 789.1
Proprietors' income 646.1 657.7 656.4
Inventory valuation
adjustment -0.9 -3.8 .5
Capital consumption
adjustment 114.7 116.2 132.3
Rental income of persons with
capital consumption
adjustment 130.6 126.9 115.3
Rental income of persons 202.6 201.8 190.0
Capital consumption
adjustment -72.1 -74.9 -74.7
Corporate profits with
inventory valuation and
capital consumption
adjustments 796.1 816.5 897.1
Corporate profits with
inventory valuation
adjustment 686.4 701.2 698.1
Profits before tax 694.9 728.1 700.2
Profits tax liability 222.4 237.8 234.3
Profits after tax 472.5 490.2 465.9
Dividends 444.3 451.6 459.5
Undistributed profits 28.2 38.6 6.4
Inventory valuation
adjustment -8.5 -26.9 -2.2
Capital consumption
adjustment 109.7 115.3 199.0
Net in |
