United States - Gross Domestic Product by Industry

by Eduardo Petazze
29/04/15
In 1Q2015 US GDP. grew + 3.0% YoY (+ 0.25% QoQ, annualized), in a context of price deflation respect 4th. quarter of 2014.
For 2015 a growth of 2.6% is estimated (from + 2.4% in 2014), driven by the manufacturing industry and the sectors of information, and professional and
business services. The mining sector (including oil and gas), with sharp slowdown, but still maintaining positive GDP contribution.
The purpose of this working paper is to estimate the possible evolution of the value added by economic sector of the United States of America.
The latest press releases from the Bureau of Economic Analysis, are:
Gross Domestic Product by Industry - 4th quarter and annual 2014 pdf, 13 pages
GDP, expenditure approach 1st. Quarter 2015 pdf, 17 pages

Summary
,

Annual GDP billion dollars

Current
2005
13,093.7
2006
13,855.9
2007
14,477.6
2008
14,718.6
2009
14,418.7
2010
14,964.4
2011
15,517.9
2012
16,163.2
2013
16,768.1
2014
17,418.9
2015
18,028.0
2016
18,686.7
Own estimate
Latest data

Price index
Inflation Constant
2009=100
91.99
3.22% 14,234.2
94.81
3.07% 14,613.8
97.34
2.66% 14,873.7
99.25
1.96% 14,830.4
100.00
0.76% 14,418.7
101.22
1.22% 14,783.8
103.31
2.06% 15,020.6
105.17
1.80% 15,369.2
106.73
1.49% 15,710.3
108.29
1.46% 16,085.6
109.26
0.90% 16,499.8
110.33
0.97% 16,937.6

YoY
3.34%
2.67%
1.78%
-0.29%
-2.78%
2.53%
1.60%
2.32%
2.22%
2.39%
2.57%
2.65%

2013q1
2013q2
2013q3
2013q4
2014q1
2014q2
2014q3
2014q4
2015q1
2015q2
2015q3
2015q4

Quarterly GDP billion dollars

(Seasonally adjusted annual rates)
Price index QoQ, Inflation
Current
Constant
2009=100 SAAR
YoY
16,502.4
106.20
1.45%
1.67% 15,538.4
16,619.2
106.49
1.08%
1.47% 15,606.6
16,872.3
106.92
1.64%
1.42% 15,779.9
17,078.3
107.30
1.42%
1.40% 15,916.2
17,044.0
107.66
1.33%
1.37% 15,831.7
17,328.2
108.23
2.15%
1.64% 16,010.4
17,599.8
108.60
1.38%
1.57% 16,205.6
17,703.7
108.65
0.16%
1.25% 16,294.7
17,710.0
108.62 -0.11%
0.89% 16,304.8
17,918.3
109.18
2.07%
0.87% 16,412.2
18,156.2
109.53
1.31%
0.86% 16,575.9
18,327.6
109.70
0.63%
0.97% 16,706.3

QoQ,
SAAR
2.74%
1.77%
4.52%
3.50%
-2.11%
4.59%
4.97%
2.22%
0.25%
2.66%
4.05%
3.18%

YoY
1.72%
1.76%
2.26%
3.13%
1.89%
2.59%
2.70%
2.38%
2.99%
2.51%
2.29%
2.53%

Annual Industries Value Added

Real Value Added - Billions of chained (2009) dollars
Gross domestic product
Private industries
Agriculture, forestry, fishing, and hunting
Mining
Utilities
Construction
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Retail trade
Transportation and warehousing
Information
Finance, insurance, real estate, rental, and leasing
Professional and business services
Educational services, health care, and social assistance
Arts, entertainment, recreation, accommodation, and food services
Other services, except government
Government
Not allocated by industry
Latest data
Own estimate

2009
2010
2011
2012
2013
2014
2015
2016
14,418.8 14,783.8 15,020.6 15,369.2 15,710.3 16,085.6 16,499.8 16,937.6
12,353.0 12,650.2 12,871.8 13,185.9 13,482.8 13,829.7 14,241.6 14,649.0
137.7
140.3
134.1
129.5
145.1
134.6
134.4
132.2
290.3
272.7
290.1
319.5
332.7
356.6
364.2
374.0
250.8
274.4
277.9
279.2
281.9
281.7
287.8
294.8
577.3
551.6
548.7
570.9
581.6
577.8
578.7
577.1
1,726.7 1,818.2 1,823.3 1,836.8 1,862.6 1,924.3 2,000.8 2,066.0
874.3
976.1 1,037.6 1,071.1 1,089.3 1,116.8 1,150.9 1,186.0
852.4
843.8
793.4
777.9
786.2
819.5
849.9
880.0
822.8
848.3
866.0
893.6
907.6
930.4
959.8
990.2
842.1
862.2
867.5
881.8
902.8
930.5
955.9
982.5
398.8
421.3
436.5
437.5
440.5
446.8
454.2
460.9
705.3
735.1
736.1
748.5
781.5
808.1
842.7
875.9
2,874.0 2,925.5 2,986.1 3,066.6 3,147.7 3,198.1 3,270.4 3,343.1
1,661.1 1,718.1 1,782.9 1,861.3 1,895.0 1,988.0 2,079.8 2,176.3
1,214.0 1,220.5 1,239.8 1,257.3 1,281.3 1,312.2 1,351.1 1,390.7
522.3
541.3
562.5
574.7
586.1
602.2
618.8
636.2
329.5
323.9
322.7
329.1
331.4
337.2
343.1
349.4
2,065.8 2,079.8 2,071.7 2,062.3 2,049.4 2,042.8 2,040.9 2,038.8
-0.1
53.8
77.1
121.0
178.1
213.2
217.4
249.8

Real Value Added - Billions of chained (2009) dollars

Gross domestic product
Private industries
Agriculture, forestry, fishing, and hunting
Mining
Utilities
Construction
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Retail trade
Transportation and warehousing
Information
Finance, insurance, real estate, rental, and leasing
Professional and business services
Educational services, health care, and social assistance
Arts, entertainment, recreation, accommodation, and food services
Other services, except government
Government
Latest data
Own estimate

2009
-2.78%
-3.19%
12.85%
14.21%
-6.99%
-12.82%
-7.62%
-14.72%
0.98%
-12.78%
-2.80%
-8.09%
-3.65%
4.02%
-6.57%
2.21%
-6.51%
-5.16%
0.55%

2010
2.53%
2.41%
1.87%
-6.08%
9.42%
-4.46%
5.30%
11.64%
-1.01%
3.10%
2.38%
5.65%
4.23%
1.79%
3.43%
0.54%
3.63%
-1.70%
0.68%

2011
1.60%
1.75%
-4.44%
6.40%
1.26%
-0.53%
0.28%
6.30%
-5.98%
2.09%
0.62%
3.60%
0.14%
2.07%
3.77%
1.58%
3.93%
-0.39%
-0.39%

2012
2.32%
2.44%
-3.39%
10.14%
0.48%
4.05%
0.74%
3.23%
-1.95%
3.19%
1.65%
0.23%
1.69%
2.70%
4.40%
1.42%
2.17%
1.98%
-0.45%

2013
2.22%
2.25%
12.01%
4.12%
0.96%
1.88%
1.40%
1.70%
1.07%
1.56%
2.38%
0.69%
4.41%
2.65%
1.81%
1.90%
1.97%
0.70%
-0.63%

2014
2.39%
2.57%
-7.24%
7.20%
-0.08%
-0.66%
3.31%
2.52%
4.23%
2.52%
3.06%
1.42%
3.40%
1.60%
4.91%
2.42%
2.76%
1.76%
-0.32%

2015
2.57%
2.98%
-0.13%
2.12%
2.17%
0.16%
3.98%
3.06%
3.72%
3.17%
2.74%
1.67%
4.29%
2.26%
4.61%
2.96%
2.76%
1.75%
-0.09%

2016
2.65%
2.86%
-1.64%
2.69%
2.42%
-0.28%
3.26%
3.05%
3.54%
3.17%
2.77%
1.48%
3.94%
2.22%
4.64%
2.93%
2.80%
1.84%
-0.10%

Quarterly Industries Value Added

Real Value Added [Billions of chained (2009) dollars] SAAR
Gross domestic product
Private industries
Agriculture, forestry, fishing, and hunting
Mining
Utilities
Construction
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Retail trade
Transportation and warehousing
Information
Finance, insurance, real estate, rental, and leasing
Professional and business services
Educational services, health care, and social assistance
Arts, entertainment, recreation, accommodation, and food services
Other services, except government
Government
Latest data
Own estimate

2014

2015

I
II
III
IV
I
II
III
IV
15,831.7 16,010.4 16,205.6 16,294.7 16,304.8 16,412.2 16,575.9 16,706.3
13,576.2 13,746.3 13,957.8 14,038.3 14,070.8 14,155.0 14,313.9 14,426.5
129.0
133.4
135.8
140.0
134.2
133.4
134.0
135.9
336.1
345.4
365.6
379.4
358.8
358.2
367.8
371.9
267.7
278.5
290.4
290.0
282.8
283.4
290.6
294.3
570.8
576.6
579.9
583.7
579.7
578.4
577.3
579.2
1,894.3 1,925.6 1,928.0 1,949.3 1,972.7 1,994.6 2,009.4 2,026.6
1,091.2 1,112.4 1,131.3 1,132.2 1,132.9 1,143.4 1,159.6 1,167.8
813.7
824.4
810.3
829.4
839.8
851.2
849.8
858.8
908.8
923.2
939.5
950.0
947.3
952.8
964.2
975.0
917.4
933.6
936.1
934.7
943.3
954.4
961.5
964.5
444.3
444.3
451.5
446.9
450.4
452.4
457.3
456.7
795.9
801.7
814.3
820.3
831.5
836.7
847.1
855.4
3,147.3 3,168.4 3,246.1 3,230.6 3,238.7 3,244.9 3,291.2 3,306.9
1,942.2 1,978.3 2,003.8 2,027.8 2,039.7 2,065.2 2,093.6 2,120.5
1,296.6 1,305.5 1,317.9 1,328.9 1,337.8 1,344.2 1,355.7 1,366.5
594.0
598.2
605.8
610.9
613.0
615.3
620.2
626.8
334.0
333.8
339.8
341.1
340.9
341.1
344.0
346.3
2,045.7 2,041.6 2,043.0 2,040.8 2,042.3 2,040.1 2,040.9 2,040.3

Quarterly Expenditure approach

Real GDP, Expanded Detail [Billions of chained (2009)
dollars] Seasonally adjusted at annual rates
Gross domestic product
Personal consumption expenditures
Goods
Durable goods
Motor vehicles and parts
Furnishings and durable household equipment
Recreational goods and vehicles
Other durable goods
Nondurable goods
Food and beverages purchased for off-premises consumption
Clothing and footwear
Gasoline and other energy goods
Other nondurable goods
Services
Household consumption expenditures (for services)
Housing and utilities
Health care
Transportation services
Recreation services
Food services and accommodations
Financial services and insurance
Other services
Final consumption expenditures of NPISHs
Gross output of nonprofit institutions
Less: Receipts from sales of goods and services by NPI
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment
Information processing equipment
Computers and peripheral equipment
Other
Industrial equipment
Transportation equipment
Other equipment
Intellectual property products
Software
Research and development
Entertainment, literary, and artistic originals
Residential
Change in private inventories
Farm
Nonfarm
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross investment
Federal
National defense
Consumption expenditures
Gross investment
Nondefense
Consumption expenditures
Gross investment
State and local
Consumption expenditures
Gross investment
Residual
Latest data

2014

2015

I
II
III
IV
I
II
III
IV
15,831.7 16,010.4 16,205.6 16,294.7 16,304.8 16,412.2 16,575.9 16,706.3
10,844.3 10,912.6 10,999.5 11,119.6 11,173.1 11,193.7 11,235.7 11,383.3
3,678.3 3,731.6 3,774.5 3,819.0 3,821.0 3,828.3 3,853.7 3,918.0
1,355.0 1,400.4 1,431.5 1,453.3 1,457.4 1,488.3 1,513.7 1,550.0
385.7
402.9
413.7
417.6
414.5
424.6
435.3
442.8
312.7
322.3
327.1
332.5
335.2
340.6
345.9
351.4
468.3
483.1
501.0
512.4
517.5
526.4
539.9
552.4
198.1
201.5
200.8
203.4
204.6
196.6
192.6
203.4
2,341.9 2,354.6 2,369.4 2,393.4 2,391.9 2,340.0 2,340.0 2,368.0
811.9
809.2
809.0
808.3
803.2
805.9
806.8
806.6
338.3
342.9
343.9
351.8
349.2
349.2
349.9
354.2
274.4
272.1
272.7
278.7
282.5
280.1
279.4
282.1
926.8
941.7
955.6
965.9
968.0
904.8
904.0
925.1
7,165.4 7,181.4 7,225.9 7,301.7 7,352.0 7,365.3 7,382.0 7,465.3
6,857.1 6,870.3 6,908.9 6,987.2 7,046.0 7,051.7 7,062.1 7,143.7
1,996.0 1,979.5 1,970.9 1,980.5 2,004.2 2,003.0 1,998.0 1,999.9
1,798.4 1,815.9 1,836.6 1,871.9 1,896.9 1,893.8 1,903.6 1,927.2
311.4
314.3
316.3
318.9
321.6
323.2
325.0
327.3
406.2
404.4
405.1
408.7
408.6
408.5
408.6
410.3
661.5
670.1
678.2
689.8
692.5
694.5
699.8
708.6
746.2
751.2
764.1
770.6
773.9
778.9
788.7
797.2
937.3
934.5
936.7
946.0
947.9
949.8
938.4
973.2
309.1
312.1
318.3
315.5
306.5
313.6
319.9
321.7
1,159.4 1,172.7 1,187.4 1,210.2 1,214.7 1,215.4 1,223.6 1,239.7
851.3
861.6
870.3
895.4
908.3
901.8
903.7
918.1
2,588.2 2,703.7 2,750.8 2,776.1 2,790.1 2,925.8 2,977.1 2,969.1
2,536.1 2,594.5 2,643.3 2,672.8 2,656.2 2,705.4 2,752.8 2,791.2
2,051.5 2,099.6 2,144.8 2,169.8 2,151.1 2,191.8 2,234.6 2,269.1
441.9
455.2
460.6
467.2
437.6
455.8
468.0
477.6
974.8 1,001.1 1,027.6 1,029.2 1,029.4 1,048.9 1,072.3 1,085.2
298.1
316.2
310.6
325.0
318.2
324.1
324.3
331.7
80.5
85.4
87.3
87.4
80.5
82.1
83.8
84.6
217.6
230.8
223.3
237.6
237.7
241.9
240.5
247.1
209.0
222.0
235.9
226.2
221.6
232.4
245.2
246.9
247.8
249.6
269.1
265.8
280.3
281.2
291.9
296.0
223.6
217.6
215.4
217.1
214.1
211.2
211.0
210.6
636.8
645.4
659.2
675.5
688.3
687.0
694.3
706.3
300.0
303.2
309.7
313.5
317.9
318.1
321.6
325.5
258.2
263.2
269.9
280.8
289.1
288.2
291.5
299.0
78.8
79.1
79.6
80.6
80.4
80.8
81.2
81.9
485.3
495.6
499.6
504.3
505.9
513.6
518.3
522.1
35.2
84.8
82.2
80.0
110.3
220.4
224.3
178.0
2.2
4.8
8.3
6.8
5.9
7.1
9.4
9.4
33.3
80.7
73.7
73.3
105.5
213.3
214.9
168.6
-447.2
-460.4
-431.4
-471.4
-522.1
-611.8
-589.5
-600.5
2,026.9 2,080.7 2,104.0 2,127.1 2,088.0 2,182.1 2,193.1 2,187.9
1,388.1 1,435.4 1,461.6 1,470.4 1,418.9 1,517.8 1,532.4 1,514.3
638.4
644.7
641.6
656.0
667.6
663.5
659.7
672.8
2,474.1 2,541.1 2,535.3 2,598.5 2,610.2 2,793.8 2,782.6 2,788.4
2,017.7 2,077.8 2,071.0 2,123.0 2,127.6 2,308.4 2,296.7 2,290.0
456.3
462.5
463.7
474.9
482.2
484.7
485.3
497.7
2,868.5 2,880.6 2,911.9 2,897.9 2,891.8 2,875.8 2,886.7 2,886.7
1,117.4 1,114.9 1,141.6 1,120.1 1,120.9 1,100.0 1,104.7 1,097.9
693.9
695.4
721.7
698.7
697.4
683.4
691.0
684.4
562.3
559.5
586.7
562.8
563.7
554.7
564.9
558.8
131.1
135.5
134.4
135.5
133.3
128.7
126.1
125.6
423.4
419.4
419.8
421.3
423.3
416.6
413.7
413.5
317.7
314.7
315.4
315.6
316.8
313.2
311.9
311.6
105.5
104.5
104.2
105.6
106.4
103.4
101.8
101.8
1,750.2 1,764.7 1,769.5 1,776.6 1,769.8 1,775.7 1,782.0 1,788.9
1,454.1 1,458.4 1,461.7 1,465.5 1,468.1 1,472.8 1,476.9 1,480.7
295.2
305.4
307.0
310.2
300.9
302.9
305.1
308.2
-45.6
-50.7
-53.1
-60.6
-63.3
28.8
65.9
67.6