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U.S. Real Gross Domestic Product and Related Measures

GDP, U.S. Economy in Billions of U.S. dollars



Quarters seasonally adjusted
(At annual rates, in Billions of Dollars)
II Q. 2023
rev.
I Q. 2023
adv.
IV Q. 2022
final
III Q. 2022
rev.
II Q. 2022
adv.
Gross domestic product (GDP)
26,798.6 26,529.8 26,138.0 25,723.9 25,248.5
  Personal consumption expenditures
18,301.6 18,113.1 17,749.9 17,542.7 17,261.3
    Goods
6,094.5 6,079.0 5,980.0 5,988.6 5,953.6
     Durable goods
2,260.3 2,258.9 2,180.4 2,195.8 2,181.8
       Motor vehicles & parts
771.7 776.4 717.8 713.1 724.5
       Furniture & household equipment
528.5 533.2 528.0 532.8 525.1
       Other
298.4 297.0 289.7 294.5 291.7
             
     Nondurable goods
3,834.1 3,820.1 3,799.6 3,792.7 3,771.9
       Food off-premises consumption
1,319.1 1,318.2 1,311.5 1,289.9 1,260.4
       Clothing & shoes
500.1 501.2 497.8 498.9 488.6
       Gasoline, fuel, oil & other energy goods
436.0 443.1 463.6 492.3 541.0
       Other
1,579.1 1,557.6 1,526.8 1,511.7 1,481.9
             
    Services
12,207.1 12,034.1 11,769.9 11,554.1 11,307.7
      Housing
11,667.5 11,498.0 11,234.5 11,015.6 10,779.2
      Food services
1,365.4 1,352.3 1,312.1 1,277.4 1,247.0
      Electricity & gas
3,211.7 3,160.1 3,104.5 3,027.3 2,958.4
      Financial services
1,375.3 1,352.6 1,327.7 1,320.9 1,309.1
      Transportation
598.1 583.2 570.5 560.6 551.6
      Medical care
2,921.3 2,879.6 2,802.6 2,742.8 2,684.8
      Recreation
667.6 661.1 638.3 622.0 610.3
      Other
1,528.1 1,509.0 1,478.7 1,464.5 1,418.0
             
  Gross private domestic investment
4,615.5 4,569.2 4,669.8 4,579.1 4,609.9
    Fixed investment
4,607.5 4,557.2 4,508.0 4,508.2 4,464.6
      Nonresidential
3,596.5 3,533.6 3,467.5 3,403.4 3,292.2
      Structures
756.9 732.7 691.9 654.8 631.2
      Equipment & software
1,375.5 1,353.4 1,360.1 1,352.0 1,299.5
      Information processing equipment & software
429.4 434.8 439.1 469.1 458.5
      Computers & peripheral equipment
125.0 120.0 116.4 114.6 108.7
      Software
599.4 601.6 585.6 579.3 558.9
      Other
739.7 725.9 713.4 702.7 693.9
      Industrial equipment
324.0 327.5 319.5 313.3 318.7
      Transportation equipment
323.6 294.9 301.1 269.4 224.0
      Other equipment
298.4 296.2 300.5 300.2 298.3
      Residential
1,011.1 1,023.6 1,040.5 1,104.8 1,172.4
             
    Change in private inventories
7.9 12.0 161.8 70.9 145.4
      Farm
3.8 -0.5 -7.4 -12.1 -9.5
      Nonfarm
4.1 12.5 169.2 83.0 154.9
             
 Net exports of goods & services
-804.7 -802.3 -857.1 -890.8 -1,035.6
    Exports
2,934.6 3,046.2 2,988.3 3,065.0 3,038.8
      Goods
1,962.2 2,083.8 2,040.0 2,141.2 2,134.7
      Services
972.4 962.5 948.3 923.8 904.2
             
    Imports
3,739.3 3,848.5 3,845.4 3,955.8 4,074.4
      Goods
3,050.5 3,150.3 3,155.0 3,269.7 3,394.8
      Services
688.7 698.3 690.4 686.1 679.6
             
 Govt. consumption exp. & investment
4,686.3 4,649.8 4,575.4 4,493.0 4,412.8
    Federal
1,747.4 1,732.1 1,693.8 1,657.1 1,622.7
      National defense
970.9 959.2 947.4 935.3 918.3
        Consumption expenditures
771.9 765.8 751.4 743.1 726.5
        Gross investment
199.0 193.4 196.0 192.2 191.8
      Nondefense
776.5 772.9 746.4 721.8 653.1
        Consumption expenditures
575.5 574.8 554.5 535.1 521.8
        Gross investment
201.0 198.1 191.9 186.7 182.6
    State and local
500.1 501.2 2,881.6 2,836.0 2,790.0
      Consumption expenditures
2,396.8 2,396.6 2,378.2 2,346.0 2,325.6
      Gross investment
542.1 521.1 503.4 490.0 464.5
             
Addenda:          
Final sales of domestic product
26,790.7 26,517.7 25,976.2 25,653.0 25,103.1
Gross domestic purchases
27,603.3 27,332.1 26,995.1 26,614.8 26,284.0
Final sales to domestic purchasers
27,595.4 27,320.1 26,833.3 26,543.9 26,138.7
Gross national product
26,937.6 26,654.0 26,289.5 25,885.4 25,456.4
Net domestic product
22,238.0 22,023.4 21,712.9 21,365.8 21,006.4


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