U.S. Third Quarter Final GDP: Statistical Summary (Table)
By Kristy Scheuble
Dec. 23 (Bloomberg) -- Following is a summary of the Gross Domestic Product from the Commerce Department.
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-Annualized 3Q 3Q 3Q 2Q 1Q 4Q 3Q
Quarterly Change- Final Prelim. Advance 2008 2008 2007 2007
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Real GDP -0.5% -0.5% -0.3% 2.8% 0.9% -0.2% 4.8%
YOY percent 0.7% 0.7% 0.8% 2.1% 2.5% 2.3% 2.8%
Personal consumption -3.8% -3.7% -3.1% 1.2% 0.9% 1.0% 2.0%
Durable goods -14.8% -15.2% -14.1% -2.8% -4.3% 0.4% 2.3%
Nondurable goods -7.1% -6.9% -6.4% 3.9% -0.4% 0.3% 1.2%
Services -0.1% 0.0% 0.6% 0.7% 2.4% 1.4% 2.4%
Gross private investment 0.4% 0.4% -1.9% -11.5% -5.8% -11.9% 3.5%
Fixed investment -5.3% -5.6% -5.6% -1.7% -5.6% -6.2% -0.9%
Nonresidential -1.7% -1.5% -1.0% 2.5% 2.4% 3.4% 8.7%
Structures 9.7% 6.6% 7.9% 18.5% 8.6% 8.5% 20.5%
Equipment & software -7.5% -5.7% -5.5% -5.0% -0.6% 1.0% 3.6%
Residential -16.0% -17.6% -19.1% -13.3% -25.1% -27.0% -20.6%
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3Q 3Q 3Q 2Q 1Q 4Q 3Q
Final Prelim. Advance 2008 2008 2007 2007
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Exports 3.0% 3.4% 5.9% 12.3% 5.1% 4.4% 23.0%
Goods 3.7% 3.9% 7.5% 16.3% 4.5% 5.1% 21.8%
Services 1.4% 2.4% 2.3% 3.8% 6.4% 2.7% 25.9%
Imports -3.5% -3.2% -1.9% -7.3% -0.8% -2.3% 3.0%
Goods -4.7% -4.4% -2.8% -7.1% -2.0% -2.6% 2.4%
Services 3.3% 3.2% 3.5% -8.0% 5.5% -0.9% 6.3%
Government consumption 5.8% 5.4% 5.8% 3.9% 1.9% 0.8% 3.8%
Federal 13.8% 13.6% 13.8% 6.6% 5.8% -0.5% 7.2%
National defense 18.0% 18.0% 18.1% 7.3% 7.3% -0.9% 10.2%
Nondefense 5.1% 4.5% 4.8% 5.0% 2.9% 0.4% 1.2%
State and local 1.3% 0.8% 1.4% 2.5% -0.3% 1.6% 1.9%
--------------------Other Measures--------------------
Change in inventories $B -$29.6 -$29.1 -$38.5 -$50.6 -$10.2 -$8.1 $16.0
Net exports $B -$353.1 -$352.3 -$350.0 -$381.3 -$462.0 -$484.5 -$511.8
Real final sales -1.3% -1.4% -0.8% 4.4% 0.9% 0.8% 4.0%
Gross domestic purchases -1.5% -1.5% -1.3% -0.1% 0.1% -1.0% 2.6%
Final sales to dom purch -2.3% -2.3% -1.8% 1.3% 0.1% -0.1% 1.9%
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3Q 3Q 3Q Final- Final- 2Q 1Q
Final Prelim. Advance Prelim. Advance 2008 2008
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------------Contribution to Change in GDP-------------
Real GDP -0.5% -0.5% -0.3% 0.00 -0.20 2.8% 0.9%
Personal consumption -2.75% -2.69% -2.25% -0.06 -0.50 0.87% 0.61%
Durables -1.16% -1.19% -1.10% 0.03 -0.06 -0.21% -0.33%
Motor Vehicle -0.83% -0.82% -0.80% -0.01 -0.03 -0.64% -0.35%
Nondurables -1.57% -1.51% -1.41% -0.06 -0.16 0.80% -0.08%
Services -0.03% 0.00% 0.26% -0.03 -0.29 0.28% 1.02%
Housing 0.08% 0.08% 0.08% 0.00 0.00 0.18% 0.05%
Gross pvt dom invest 0.06% 0.06% -0.27% 0.00 0.33 -1.74% -0.89%
Fixed investment -0.79% -0.82% -0.83% 0.03 0.04 -0.25% -0.86%
Nonresidential -0.19% -0.16% -0.11% -0.03 -0.08 0.27% 0.26%
Structures 0.36% 0.25% 0.30% 0.11 0.06 0.64% 0.30%
Equipment & software -0.55% -0.41% -0.40% -0.14 -0.15 -0.37% -0.04%
Info processing -0.16% -0.02% 0.10% -0.14 -0.26 0.30% 0.27%
Computers -0.16% -0.13% -0.08% -0.03 -0.08 0.08% 0.10%
Software -0.08% 0.03% 0.06% -0.11 -0.14 0.04% 0.16%
Residential -0.60% -0.66% -0.72% 0.06 0.12 -0.52% -1.12%
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3Q 3Q 3Q Final- Final- 2Q 1Q
Final Prelim. Advance Prelim. Advance 2008 2008
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Change in inventories 0.84% 0.89% 0.56% -0.05 0.28 -1.50% -0.02%
Nonfarm 0.83% 0.98% 0.65% -0.15 0.18 -1.36% 0.15%
Net exports 1.05% 1.07% 1.13% -0.02 -0.08 2.93% 0.77%
Exports 0.40% 0.46% 0.78% -0.06 -0.38 1.54% 0.63%
Goods 0.34% 0.36% 0.68% -0.02 -0.34 1.39% 0.39%
Services 0.06% 0.10% 0.09% -0.04 -0.03 0.15% 0.24%
Imports 0.65% 0.61% 0.35% 0.04 0.30 1.39% 0.14%
Goods 0.74% 0.70% 0.45% 0.04 0.29 1.14% 0.29%
Services -0.09% -0.09% -0.10% 0.00 0.01 0.25% -0.15%
Govt. consumption 1.14% 1.06% 1.15% 0.08 -0.01 0.78% 0.38%
Federal 0.97% 0.96% 0.97% 0.01 0.00 0.47% 0.41%
National defense 0.85% 0.85% 0.86% 0.00 -0.01 0.36% 0.34%
Nondefense 0.12% 0.10% 0.11% 0.02 0.01 0.11% 0.06%
State and local 0.17% 0.10% 0.18% 0.07 -0.01 0.31% -0.03%
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3Q 3Q 3Q 2Q 1Q 4Q 3Q
Final Prelim. Advance 2008 2008 2007 2007
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---------------Implicit Price Deflators---------------
GDP 3.9% 4.1% 4.1% 1.3% 2.6% 2.5% 1.5%
Gross domestic purchases 4.4% 4.6% 4.7% 4.4% 3.4% 3.7% 2.2%
--------------------Price Indexes---------------------
GDP 3.9% 4.2% 4.2% 1.1% 2.6% 2.8% 1.5%
YOY percent 2.6% 2.7% 2.7% 2.0% 2.3% 2.6% 2.5%
Personal consumption 5.0% 5.2% 5.4% 4.3% 3.6% 4.3% 2.5%
YOY percent 4.3% 4.3% 4.4% 3.7% 3.5% 3.5% 2.2%
ex food and energy 2.4% 2.6% 2.9% 2.2% 2.3% 2.5% 2.1%
Real final sales 4.0% 4.2% 4.2% 1.2% 2.7% 2.8% 1.5%
Gross domestic purchases 4.5% 4.7% 4.8% 4.2% 3.5% 4.0% 2.2%
SOURCE: U.S. Commerce Department, http://www.bea.gov.
To contact the reporter on this story: Kristy Scheuble in Washington at kmckeaney@bloomberg.net
Last Updated: December 23, 2008 08:30 EST
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