Billions of dollars Billions of

Seasonally adjusted at annual rates

Line
2022 2022 2023 2022
Q1 Q2 Q3 Q4 Q1
1 Gross 25,462.7 24,740.5 25,248.5 25,723.9 26,138.0 26,465.9 20,014.1
domesti
c
product
(GDP)

2 Personal 17,357.2 16,874.8 17,261.3 17,542.7 17,749.9 18,095.3 14,130.3

consumptio
n
expenditure
s

3 Goods 5,941.3 5,843.2 5,953.6 5,988.6 5,980.0 6,085.8 5,535.9

4 Durable 2,185.5 2,183.9 2,181.8 2,195.8 2,180.4 2,262.0 2,259.0

goods
5 Motor 723.2 737.1 724.5 713.1 717.8 776.8 574.7
vehicles
and
parts
6 Furnishin
gs and
durable
househol 525.7 516.8 525.1 532.8 528.0 534.4 519.4
d
equipme
nt

7 Recreati 645.5 641.4 640.5 655.4 644.8 653.6 900.9

onal
goods
and
vehicles
8 Other 291.1 288.6 291.7 294.5 289.7 297.3 341.1
durable
goods
9 Nondurabl 3,755.9 3,659.3 3,771.9 3,792.7 3,799.6 3,823.8 3,319.6
e goods
10 Food
and
beverag
es
purchase
d for off-
premises 1,277.6 1,248.5 1,260.4 1,289.9 1,311.5 1,322.1 1,038.3
consump
tion

11 Clothing 491.4 480.5 488.6 498.9 497.8 501.8 492.4

and
footwear

12 Gasoline 492.8 474.5 541.0 492.3 463.6 443.0 435.4

and
other
energy
goods
13 Other 1,494.1 1,455.8 1,481.9 1,511.7 1,526.8 1,556.9 1,324.0
nondura
ble
goods
14 Services 11,415.8 11,031.6 11,307.7 11,554.1 11,769.9 12,009.5 8,733.5
15 Household
consumptio
n
expenditur 10,888.7 10,525.4 10,779.2 11,015.6 11,234.5 11,484.0 8,389.1
es (for
services)

16 Housing 2,996.6 2,896.1 2,958.4 3,027.3 3,104.5 3,159.1 2,171.7

and
utilities
17 Health 2,725.9 2,673.4 2,684.8 2,742.8 2,802.6 2,856.4 2,300.3
care
18 Transpor 547.3 506.6 551.6 560.6 570.5 588.5 436.3
tation
services
19 Recreati 615.4 590.9 610.3 622.0 638.3 660.7 482.7
on
services
20 Food 1,253.6 1,178.0 1,247.0 1,277.4 1,312.1 1,353.4 911.8
services and
accommodati
ons

21 Financial 1,316.9 1,309.8 1,309.1 1,320.9 1,327.7 1,358.5 892.4

services
and
insuranc
e

22 Other 1,433.0 1,370.7 1,418.0 1,464.5 1,478.7 1,507.4 1,216.3

services
23 Final
consumptio
n
expenditur
es of
nonprofit
institutions
serving
household
s
527.1 506.2 528.5 538.5 535.4 525.4 348.5
24 Gross output 1,870.3 1,821.2 1,839.1 1,893.4 1,927.4 1,944.5 1,421.2
of nonprofit
institutions

25 Less:
Receipts
from
sales of
goods
and
services
by
nonprofit
institutio
ns

1,343.2 1,315.1 1,310.6 1,355.0 1,392.0 1,419.1 1,075.9

26 Gross 4,632.5 4,671.0 4,609.9 4,579.1 4,669.8 4,564.0 3,746.9
private
domestic
investment

27 Fixed 4,473.6 4,413.6 4,464.6 4,508.2 4,508.0 4,557.2 3,569.2

investmen
t
28 Nonresiden 3,347.0 3,225.0 3,292.2 3,403.4 3,467.5 3,532.6 2,944.8
tial
29 Structure 651.3 627.3 631.2 654.8 691.9 723.2 446.2
s
30 Equipme 1,322.3 1,277.8 1,299.5 1,352.0 1,360.1 1,359.4 1,274.0
nt
31 Inform
ation
proces
sing 457.7 464.2 458.5 469.1 439.1 440.2 568.7
equip
ment

32 Industr 316.8 315.8 318.7 313.3 319.5 323.7 264.8

ial
equip
ment
33 Transp 250.8 208.5 224.0 269.4 301.1 299.8 233.5
ortatio
n
equip
ment
34 Other 297.1 289.3 298.3 300.2 300.5 295.7 238.1
equip
ment
35 Intellectu 1,373.4 1,319.9 1,361.4 1,396.6 1,415.5 1,450.0 1,254.5
al
property
products

36 Softwa 567.2 545.1 558.9 579.3 585.6 599.6 643.7

re
37 Resea 696.0 674.3 693.9 702.7 713.4 730.1 539.5
rch
and
develo
pment

38 Entert
ainme
nt,
literary
, and 110.1 100.6 108.7 114.6 116.4 120.3 91.8
artistic
origina
ls

39 Residential 1,126.6 1,188.6 1,172.4 1,104.8 1,040.5 1,024.6 643.1

40 Change in 158.9 257.4 145.4 70.9 161.8 6.8 125.0

private
inventorie
s

41 Farm -8.9 -6.6 -9.5 -12.1 -7.4 -1.1 -18.4

42 Nonfarm 167.8 264.1 154.9 83.0 169.2 7.8 137.6
43 Net exports -975.0 -1,116.70 -1,035.60 -890.8 -857.1 -839.5 -1,356.7
of goods
and services

44 Exports 2,975.8 2,811.20 3,038.80 3,065.00 2,988.30 3,022.60 2,534.4

45 Goods 2,064.2 1,940.90 2,134.70 2,141.20 2,040.00 2,070.50 1,837.7

46 Services 911.6 870.4 904.2 923.8 948.3 952.1 714.1
47 Imports 3,950.9 3,927.90 4,074.40 3,955.80 3,845.40 3,862.10 3,891.0

48 Goods 3,277.2 3,289.30 3,394.80 3,269.70 3,155.00 3,165.10 3,359.6

49 Services 673.7 638.6 679.6 686.1 690.4 697 553.0
50 Government
consumptio
n
expenditure
s and gross
investment

4,448.1 4,311.40 4,412.80 4,493.00 4,575.40 4,646.10 3,406.5

51 Federal 1,646.7 1,613.10 1,622.70 1,657.10 1,693.80 1,739.80 1,355.3

52 National 924.9 898.7 918.3 935.3 947.4 966.9 769.3

defense
53 Consum 732.4 708.4 726.5 743.1 751.4 769.5 601.4
ption
expendit
ures
54 Gross 192.6 190.4 191.8 192.2 196 197.3 168.6
investme
nt
55 Nondefens 721.7 714.4 704.4 721.8 746.4 772.9 583.8
e
56 Consum 536.6 535.2 521.8 535.1 554.5 575.3 426.3
ption
expendit
ures
57 Gross 185.1 179.3 182.6 186.7 191.9 197.6 157.6
investme
nt
58 State and 2,801.4 2,698.20 2,790.00 2,836.00 2,881.60 2,906.30 2,051.2
local

59 Consumpti 2,322.1 2,238.50 2,325.60 2,346.00 2,378.20 2,395.40 1,705.9

on
expenditur
es
60 Gross 479.4 459.7 464.5 490 503.4 510.9 345.3
investment

61 Residual ............... ........ ....... .. ........... .. ............... .... -201.3

........... ...........
Addenda: ....
Gross
domestic 26,143.0 .......
62 25,661.5 25,017.50 25,517.80 25,967.60 20,170.3
income (GDI) ........
1

63 Average of 25,562.1 24,879.00 25,383.10 25,845.80 26,140.5 ....... 20,092.2

GDP and ........
GDI
64 Final sales 25,303.8 24,483.10 25,103.10 25,653.00 25,976.20 26,459.10 19,842.1
of domestic
product

65 Gross 26,437.8 25,857.20 26,284.00 26,614.80 26,995.10 27,305.30 21,267.5

domestic
purchases

66 Final sales 26,278.9 25,599.70 26,138.70 26,543.90 26,833.30 27,298.60 21,093.1

to domestic
purchasers

67 Final sales 21,830.8 21,288.40 21,725.90 22,050.80 22,257.90 22,652.50 17,698.2

to private
domestic
purchasers

68 GDP 25,462.7 24,740.50 25,248.50 25,723.90 26,138.00 26,465.90 20,014.1

69 Plus:
Income
receipts 1,354.6 .........
from the 1,256.2 1,147.10 1,231.30 1,292.10 1,006.7
......
rest of the
world

70 Less:
Income
payments 1,203.1 .........
to the rest 1,078.8 958.4 1,023.30 1,130.60 864.3
......
of the
world

71 Equals: 25,640.1 24,929.20 25,456.40 25,885.40 26,289.5 ........ 20,158.2

Gross .......
national
product
72 Net 21,178.0 20,626.90 21,006.40 21,365.80 21,712.90 21,972.80 16,601.4
domestic
product
 Billions of chained (2012) dollars
Seasonally adjusted at annual rates Change from preceding
period Line
2022 2023 2022 2023
2022
Q1 Q2 Q3 Q4 Q1 Q4 Q1
19,924.1 19,895.3 20,054.7 20,182.5 20,235.9 404.3 127.8 53.4 1

14,028.4 14,099.5 14,178.6 14,214.9 14,344.5 376.2 36.3 129.6 2

5,565.7 5,529.6 5,524.5 5,523.6 5,611.1 -26.1 -0.9 87.5 3

2,275.1 2,259.2 2,254.4 2,247.3 2,336.7 -9.8 -7.2 89.5 4

594.7 578.7 559.8 565.5 620.9 -39.3 5.8 55.4 5

518.4 517.6 521.0 520.5 523.8 -16.1 -0.4 3.3 6

890.1 893.2 913.7 906.6 921.4 54.5 -7.2 14.8 7

340.2 343.8 345.2 335.1 338.6 14.5 -10.2 3.5 8

3,334.1 3,313.5 3,312.7 3,317.9 3,325.0 -16.6 5.2 7.1 9

1,062.7 1,035.3 1,027.6 1,027.6 1,026.7 -43.7 0.0 -0.9 10

485.1 489.9 496.9 497.7 495.2 6.0 0.8 -2.5 11

438.4 436.0 432.9 434.3 437.1 2.4 1.5 2.8 12

1,315.7 1,322.7 1,327.3 1,330.4 1,338.2 24.7 3.1 7.8 13

8,613.0 8,709.6 8,788.4 8,823.2 8,873.6 372.4 34.8 50.4 14

8,270.4 8,359.0 8,438.7 8,488.4 8,551.1 365.9 49.7 62.7 15

2,165.9 2,170.5 2,169.3 2,180.9 2,176.2 24.9 11.5 -4.7 16

2,273.5 2,276.0 2,307.0 2,344.8 2,377.4 68.8 37.8 32.6 17

431.5 439.0 438.8 435.8 439.2 41.1 -2.9 3.3 18

471.4 481.8 486.0 491.5 498.6 47.7 5.5 7.1 19

879.7 913.1 924.5 929.7 940.7 81.5 5.2 11.0 20

884.8 888.9 900.4 895.6 902.4 18.3 -4.9 6.8 21

1,183.2 1,209.9 1,235.8 1,236.3 1,246.0 94.1 0.5 9.7 22

346.1 353.6 353.3 340.9 330.9 7.4 -12.4 -10.0 23

1,407.4 1,406.9 1,430.8 1,439.9 1,440.1 25.0 9.1 0.2 24

1,064.0 1,054.6 1,080.1 1,105.0 1,117.7 17.3 24.9 12.7 25

3,892.5 3,747.0 3,653.9 3,694.1 3,573.1 143.9 40.3 -121.1 26

3,628.6 3,581.9 3,550.5 3,516.0 3,512.3 -5.4 -34.5 -3.7 27

2,915.0 2,915.5 2,959.7 2,988.8 2,994.1 109.4 29.1 5.3 28

455.6 440.4 436.4 452.6 464.8 -31.3 16.3 12.1 29

 1,265.7 1,259.1 1,291.3 1,279.8 1,255.8 52.1 -11.4 -24.0 30

579.0 569.6 582.3 543.8 541.5 28.3 -38.5 -2.2 31

270.9 266.7 258.9 262.6 262.0 13.8 3.7 -0.6 32

206.3 212.1 249.1 266.3 253.2 10.7 17.2 -13.1 33

241.8 241.8 236.2 232.7 226.5 1.9 -3.5 -6.2 34

1,219.6 1,245.9 1,266.7 1,285.8 1,297.8 101.5 19.1 12.0 35

615.7 630.9 653.5 674.5 679.2 69.4 21.0 4.7 36

534.3 541.7 540.3 541.7 547.2 27.6 1.5 5.5 37

86.1 90.9 94.8 95.4 96.9 11.7 0.6 1.5 38

704.7 671.0 620.0 576.7 570.6 -76.3 -43.3 -6.1 39

214.5 110.2 38.7 136.5 -1.6 144.4 97.9 -138.2 40

-15.5 -19.5 -22.4 -16.3 -8.5 -14.5 6.1 7.8 41

223.6 123.6 55.5 147.7 5.6 153.6 92.2 -142.0 42
-1,488.7 -1,430.5 -1,268.8 -1,238.6 -1,235.8 -123.3 30.2 2.8 43

2,436.9 2,516.9 2,604.1 2,579.6 2,610.1 167.6 -24.6 30.6 44

1,760.2 1,824.9 1,901.0 1,864.8 1,909.8 108.8 -36.2 45.0 45
693.0 709.5 722.5 731.4 721.1 57.2 8.9 -10.4 46
3,925.60 3,947.50 3,872.9 3,818.20 3,846.00 290.9 -54.7 27.8 47
3,412.7 3,409.5 3,333.4 3,283.0 3,312.6 216.6 -50.4 29.6 48
539.0 560.1 559.0 553.7 553.4 68.8 -5.3 -0.3 49
 3,393.4 3,379.5 3,410.6 3,442.50 3,482.20 -19.8 31.8 39.7 50
1,353.0 1,341.3 1,353.7 1,373.0 1,399.1 -35.3 19.3 26.1 51
761.7 764.5 773.3 777.6 788.8 -22.1 4.3 11.2 52

592.8 597.3 606.5 609.1 620.6 -15.1 2.6 11.5 53

169.9 167.9 167.4 169.2 168.7 -7.1 1.8 -0.5 54

588.9 574.8 578.3 593.0 607.7 -13.3 14.7 14.7 55

433.2 418.9 421.0 432.2 444.0 -17.0 11.2 11.8 56

155.7 156.2 157.6 161.1 163.9 4.3 3.5 2.8 57

2,040.7 2,037.8 2,056.5 2,069.8 2,084.6 13.3 13.3 14.8 58

1,696.4 1,701.0 1,709.0 1,717.1 1,730.6 24.8 8.2 13.5 59

344.3 336.8 347.5 352.5 353.9 -11.5 5.1 1.4 60

-149.8 -166.2 -225.0 -264.1 -255.9 .............. .............. .............. 61

20,147.2 20,107.5 20,244.6 20,186.4 ............... 452.1 -58.3 .............. 62

20,035.6 20,001.4 20,149.6 20,184.4 ............... 428.2 34.8 .............. 63

19,669.8 19,735.9 19,954.2 20,008.4 20,175.7 260.8 54.2 167.2 64

21,297.3 21,208.9 21,227.1 21,336.6 21,385.4 492.7 109.5 48.8 65

21,038.4 21,047.3 21,126.2 21,160.5 21,325.9 345.9 34.2 165.4 66

17,656.9 17,680.5 17,727.2 17,728.1 17,853.2 369.7 0.9 125.1 67

19,924.1 19,895.3 20,054.7 20,182.5 20,235.9 404.3 127.8 53.4 68

 942.3 990.6 1,027.1 1,066.7 ............... 77.2 39.7 .............. 69

787.4 823.4 898.8 947.5 ............... 82.8 48.7 .............. 70

20,080.4 20,063.7 20,184.9 20,303.9 ............... 398.9 119.0 .............. 71

16,551.0 16,495.3 16,628.5 16,731.0 16,760.5 298.6 102.5 29.5 72

 Nominal Real

Personal Consumption/GDP *100 68.3721317 70.88639

Gross Private Consumption/ Nominal GDP *100 17.244832 17.65723

Net Export & Import/ Nominal GDP 14.5927401 19.00583
Govt Consumption & Government Investment/ Nominal GD 17.5550425 17.20803

Minimum -1.1

Maxim 18,095.3

National Defence 966.9

Government Consumption Expemditures & Gross Investment 4646.1

Percentage 0.20811003
 Billions of dollars Billions of chained (2012) do
Seasonally adjusted at annual rates Seasonally adjusted at annual r
Line
2022 2022 2023 2022 2022
Q1 Q2 Q3 Q4 Q1 Q1
43 Net exports -975.0 -1,116.7 -1,035.6 -890.8 -857.1 -839.5 -1,356.7 -1,488.7 -1,430.5
of goods
and services

44 Exports 2,975.8 2,811.2 3,038.8 3,065.0 2,988.3 3,022.6 2,534.4 2,436.9 2,516.9

45 Goods 2,064.2 1,940.9 2,134.7 2,141.2 2,040.0 2,070.5 1,837.7 1,760.2 1,824.9
46 Services 911.6 870.4 904.2 923.8 948.3 952.1 714.1 693.0 709.5
47 Imports 3,950.9 3,927.9 4,074.4 3,955.8 3,845.4 3,862.1 3,891.0 3,925.6 3,947.5

48 Goods 3,277.2 3,289.3 3,394.8 3,269.7 3,155.0 3,165.1 3,359.6 3,412.7 3,409.5
49 Services 673.7 638.6 679.6 686.1 690.4 697.0 553.0 539.0 560.1
50 Government
consumptio
n
expenditure
s and gross
investment

4,448.1 4,311.4 4,412.8 4,493.0 4,575.4 4,646.1 3,406.5 3,393.4 3,379.5

51 Federal 1,646.7 1,613.1 1,622.7 1,657.1 1,693.8 1,739.8 1,355.3 1,353.0 1,341.3

52 National 924.9 898.7 918.3 935.3 947.4 966.9 769.3 761.7 764.5
defense
53 Consum 732.4 708.4 726.5 743.1 751.4 769.5 601.4 592.8 597.3
ption
expendit
ures
54 Gross 192.6 190.4 191.8 192.2 196.0 197.3 168.6 169.9 167.9
investme
nt
55 Nondefens 721.7 714.4 704.4 721.8 746.4 772.9 583.8 588.9 574.8
e
56 Consum 536.6 535.2 521.8 535.1 554.5 575.3 426.3 433.2 418.9
ption
expendit
ures
57 Gross 185.1 179.3 182.6 186.7 191.9 197.6 157.6 155.7 156.2
investme
nt
58 State and 2,801.4 2,698.2 2,790.0 2,836.0 2,881.6 2,906.3 2,051.2 2,040.7 2,037.8
local

59 Consumpti 2,322.1 2,238.5 2,325.6 2,346.0 2,378.2 2,395.4 1,705.9 1,696.4 1,701.0
on
expenditur
es
60 Gross 479.4 459.7 464.5 490.0 503.4 510.9 345.3 344.3 336.8
investment

61 Residual ............... ............... ............... ............... ............... ............... -201.3 -149.8 -166.2
Addenda:
Gross
62 domestic 25,661.5 25,017.5 25,517.8 25,967.6 26,143.0 ............... 20,170.3 20,147.2 20,107.5
income (GDI)
1

63 Average of 25,562.1 24,879.0 25,383.1 25,845.8 26,140.5 ............... 20,092.2 20,035.6 20,001.4
GDP and
GDI
64 Final sales 25,303.8 24,483.1 25,103.1 25,653.0 25,976.2 26,459.1 19,842.1 19,669.8 19,735.9
of domestic
product

65 Gross 26,437.8 25,857.2 26,284.0 26,614.8 26,995.1 27,305.3 21,267.5 21,297.3 21,208.9
domestic
purchases

66 Final sales 26,278.9 25,599.7 26,138.7 26,543.9 26,833.3 27,298.6 21,093.1 21,038.4 21,047.3
to domestic
purchasers

67 Final sales 21,830.8 21,288.4 21,725.9 22,050.8 22,257.9 22,652.5 17,698.2 17,656.9 17,680.5
to private
domestic
purchasers

68 GDP 25,462.7 24,740.5 25,248.5 25,723.9 26,138.0 26,465.9 20,014.1 19,924.1 19,895.3

69 Plus:
Income
receipts
from the 1,256.2 1,147.1 1,231.3 1,292.1 1,354.6 ............... 1,006.7 942.3 990.6
rest of the
world

70 Less:
Income
payments
to the rest 1,078.8 958.4 1,023.3 1,130.6 1,203.1 ............... 864.3 787.4 823.4
of the
world

71 Equals: 25,640.1 24,929.2 25,456.4 25,885.4 26,289.5 ............... 20,158.2 20,080.4 20,063.7
Gross
national
product
72 Net 21,178.0 20,626.9 21,006.4 21,365.8 21,712.9 21,972.8 16,601.4 16,551.0 16,495.3
domestic
product
 Billions of chained (2012) dollars
Seasonally adjusted at annual rates Change from preceding
period Line
2022 2023 2022 2023
2022
Q2 Q3 Q4 Q1 Q4 Q1
-1,488.7 -1,430.5 -1,268.8 -1,238.6 -1,235.8 -123.3 30.2 2.8 43

2,436.9 2,516.9 2,604.1 2,579.6 2,610.1 167.6 -24.6 30.6 44

1,760.2 1,824.9 1,901.0 1,864.8 1,909.8 108.8 -36.2 45.0 45
693.0 709.5 722.5 731.4 721.1 57.2 8.9 -10.4 46
3,925.6 3,947.5 3,872.9 3,818.2 3,846.0 290.9 -54.7 27.8 47
3,412.7 3,409.5 3,333.4 3,283.0 3,312.6 216.6 -50.4 29.6 48
539.0 560.1 559.0 553.7 553.4 68.8 -5.3 -0.3 49

3,393.4 3,379.5 3,410.6 3,442.5 3,482.2 -19.8 31.8 39.7 50

1,353.0 1,341.3 1,353.7 1,373.0 1,399.1 -35.3 19.3 26.1 51
761.7 764.5 773.3 777.6 788.8 -22.1 4.3 11.2 52

592.8 597.3 606.5 609.1 620.6 -15.1 2.6 11.5 53

169.9 167.9 167.4 169.2 168.7 -7.1 1.8 -0.5 54

588.9 574.8 578.3 593.0 607.7 -13.3 14.7 14.7 55

433.2 418.9 421.0 432.2 444.0 -17.0 11.2 11.8 56

155.7 156.2 157.6 161.1 163.9 4.3 3.5 2.8 57

2,040.7 2,037.8 2,056.5 2,069.8 2,084.6 13.3 13.3 14.8 58

1,696.4 1,701.0 1,709.0 1,717.1 1,730.6 24.8 8.2 13.5 59

344.3 336.8 347.5 352.5 353.9 -11.5 5.1 1.4 60

-149.8 -166.2 -225.0 -264.1 -255.9 .............. .............. .............. 61

20,147.2 20,107.5 20,244.6 20,186.4 ............... 452.1 -58.3 .............. 62

20,035.6 20,001.4 20,149.6 20,184.4 ............... 428.2 34.8 .............. 63

19,669.8 19,735.9 19,954.2 20,008.4 20,175.7 260.8 54.2 167.2 64

21,297.3 21,208.9 21,227.1 21,336.6 21,385.4 492.7 109.5 48.8 65

21,038.4 21,047.3 21,126.2 21,160.5 21,325.9 345.9 34.2 165.4 66

17,656.9 17,680.5 17,727.2 17,728.1 17,853.2 369.7 0.9 125.1 67

19,924.1 19,895.3 20,054.7 20,182.5 20,235.9 404.3 127.8 53.4 68

942.3 990.6 1,027.1 1,066.7 ............... 77.2 39.7 .............. 69

787.4 823.4 898.8 947.5 ............... 82.8 48.7 .............. 70

20,080.4 20,063.7 20,184.9 20,303.9 ............... 398.9 119.0 .............. 71

16,551.0 16,495.3 16,628.5 16,731.0 16,760.5 298.6 102.5 29.5 72

 Table 7. Relation of Gross Domestic Product, Gross National Product, and National Income
[Billions of dollars]

Seasonally adjusted at annual rates

Line 2022 2023

Q1 Q2 Q3 Q4 Q1
1 Gross domestic product (GDP) 24,740.5 25,248.5 25,723.9 26,138.00 26,465.90

2 Plus: Income receipts from the 1,147.1 1,231.3 1,292.1 1,354.6 ...............
rest of the world

For calculating GNP we have tak

3 Less: Income payments to the 958.4 1,023.3 1,130.6 1,203.1 ...............
rest of the world

Compensation of Empployees
4 Equals: Gross national 24,929.2 25,456.4 25,885.4 26,289.5 ...............
product

National Inome
5 Less: Consumption of fixed 4,113.6 4,242.1 4,358.1 4,425.10 4,493.00
capital

6 Less: Statistical discrepancy -277.0 -269.3 -243.7 -5.0 ...............

7 Equals: National income 21,092.6 21,483.6 21,771.0 21,869.4 ...............

8 Compensation of employees 13,259.7 13,415.2 13,755.0 13,972.60 14,180.80

9 Wages and salaries 10,925.5 11,058.0 11,361.0 11,549.30 11,728.70

10 Supplements to wages and 2,334.2 2,357.1 2,394.0 2,423.20 2,452.10

salaries

11 Proprietors' income with

inventory valuation and capital
consumption adjustments

1,811.4 1,835.4 1,863.5 1,882.90 1,887.40

12 Rental income of persons with 744.9 775.9 794.9 811.8 841.7
capital consumption
adjustment

13 Corporate profits with inventory

valuation and capital
consumption adjustments

2,869.6 3,001.3 3,000.0 2,939.5 ...............

14 Net interest and miscellaneous 630.2 608.2 515.7 414.5 324

payments

15 Taxes on production and 1,604.9 1,652.0 1,670.6 1,667.50 1,687.70

imports less subsidies

16 Business current transfer 170.1 198.7 177.7 186.7 188.5

payments (net)

17 Current surplus of government 1.8 -3.0 -6.4 -6.1 -4.5 -4.5

enterprises

Addenda:
Gross domestic income (GDI)
18 25,017.5 25,517.8 25,967.6 26,143.0 ...............

19 Average of GDP and GDI 24,879.0 25,383.1 25,845.8 26,140.5 ...............

20 Statistical discrepancy as a -1.1 -1.1 -0.9 0.0 ...............

percentage of GDP
For calculating GNP we have taken GDP added income receipts from rest of the world ad subtracted income payment fto the rest of the w

Compensation of Empployees 13,972.60

National Inome 21,869.40

% 0.638911
e payment fto the rest of the world
 Table 8. Personal Income and Its Disposition
[Billions of dollars]

Seasonally adjusted at annual rates

Line 2020 2021 2022 2022 2023

Q1 Q2 Q3 Q4 Q1
1 Personal 19,832.3 21,294.8 21,809.0 21,319.8 21,578.3 21,969.5 22,368.3 22,647.2
income 1
2 Compensa 11,592.7 12,538.5 13,600.6 13,259.7 13,415.2 13,755.0 13,972.6 14,180.8
tion of
employees

3 Wages 9,457.4 10,290.1 11,223.5 10,925.5 11,058.0 11,361.0 11,549.3 11,728.7

and
salaries
4 Suppleme 2,135.4 2,248.4 2,377.1 2,334.2 2,357.1 2,394.0 2,423.2 2,452.1
nts to
wages and
salaries

5 Proprietor
s' income
with
inventory
valuation
and capital
consumpti 1,643.1 1,753.6 1,848.3 1,811.4 1,835.4 1,863.5 1,882.9 1,887.4
on
adjustmen
ts

6 Farm 45.2 51.3 91.7 74.4 95.7 95.9 100.9 95.3

7 Nonfarm 1,597.9 1,702.2 1,756.6 1,737.0 1,739.7 1,767.6 1,782.0 1,792.2
8 Rental 719.8 723.8 781.9 744.9 775.9 794.9 811.8 841.7
income of
persons
with
capital
consumpti
on
adjustmen
t

9 Personal 3,095.4 3,202.4 3,343.9 3,269.9 3,323.0 3,358.8 3,424.0 3,454.1

income
receipts
on assets
10 Personal 1,647.3 1,658.6 1,726.6 1,670.8 1,708.6 1,738.1 1,789.0 1,808.2
interest
income
11 Personal 1,448.1 1,543.9 1,617.3 1,599.1 1,614.4 1,620.7 1,635.0 1,645.9
dividend
income
12 Personal 4,231.2 4,617.3 3,910.7 3,868.7 3,883.2 3,892.8 3,998.2 4,037.7
current
transfer
receipts
13 Less:
Contributio
ns for
governme 1,450.0 1,540.8 1,676.5 1,634.7 1,654.4 1,695.6 1,721.1 1,754.4
nt social
insurance,
domestic

14 Less: 2,236.4 2,661.7 3,200.7 3,145.5 3,188.5 3,236.5 3,232.3 2,940.0

Personal
current taxes

15 Equals: 17,595.9 18,633.1 18,608.3 18,174.4 18,389.8 18,733.0 19,136.0 19,707.2

Disposable
personal
income

16 Less: 14,603.6 16,389.8 17,922.5 17,389.5 17,798.7 18,124.5 18,377.2 18,761.0

Personal
outlays
17 Equals: 2,992.3 2,243.4 685.8 784.9 591.1 608.5 758.8 946.2
Personal
saving

18 Personal
saving as a
percentage
of
disposable 17.0 12.0 3.7 4.3 3.2 3.2 4.0 4.8
personal
income
Addenda:

19 Personal
income
excluding
current
transfer
receipts, 14,036.8 14,424.3 14,570.8 14,507.5 14,453.7 14,610.2 14,711.6 14,752.1
billions of
chained
(2012)
dollars 2

20 Disposabl
e personal
income,
billions of
chained 15,831.6 16,115.7 15,148.9 15,108.8 15,021.2 15,140.6 15,324.9 15,622.2
(2012)
dollars 2
Personal I 22647.2

National I 21,869.40

Personal I 22647.2

Less Personal Current Taxes