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U.S. Gross Domestic Product Report

GDP, U.S. Economy



In I Quarter 2017 Gross domestic product increased by 1.20 % at seasonally adjusted annual rate from previos quarter and increased by 2.00 % from I Quarter 2016 to $19,027.6 billions.

  • Personal consumption expenditures moved up by 2.80 % from I Quarter 2016 and at seasonally adjusted annual rate advanced by 0.60 % from preceding period.


  • Gross private domestic investment rose by 2.10 % from I Quarter 2016 and at seasonally adjusted annual rate grew by 4.80 % from preceding period.

    More on U.S. Real Gross Domestic Product

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Contributions to Percent Change in Real GDP
13,108.40% 3,149.10% 3,328.00% -557.90%
 
 
   International Trade
International

Net exports of goods and services improved by 3.10 % from I Quarter 2016 and at seasonally adjusted annual rate rose by 5.80 % from preceding period.

While U.S. imports of goods and services saw an increase by 3.70 % from I Quarter 2016 and at seasonally adjusted annual rate advanced by 3.80 % from the preceding period.



More GDP Growth
 

    Government Consumption    Diversified
Government

Government consumption expenditures & gross investment declined by -0.50 % from I Quarter 2016 and at seasonally adjusted annual rate decreased by -1.10 % from preceding period.

Contributions to GDP Growth by Industry

GNP, Compensations, Corporate Profits

Gross national product (GNP) went up by 2.30 %, from I Quarter 2016 and rose by 1.00 %, from IV Quarter 2016.

National income grew by 3.60 %, from I Quarter 2016 and fell by -0.03 %, from IV Quarter 2016.

Compensation of employees increased by 3.75 % to $10,267.3 billions from I Quarter 2016 and fell by -0.12 % from preceding period , now representing 62.53% of National income.

Corporate profits with inventory valuation & capital consumption adjustment rose by 3.75 %, to $ 2,109.7 billions from I Quarter 2016 and fell by -1.87 % from IV Quarter 2016 , now representing 12.85 % of National income.

Relation of U.S. GDP, U.S. GNP
Corporate Profits by Industry

   


Next U.S. GDP report is expected on February 25, 2121.
Source: Department of Commerce
Economy

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