US GDP (http://www.bloomberg.com)

U.S. Second Quarter Preliminary GDP: Summary (Table)

By Kristy Scheuble

Aug. 28 (Bloomberg) -- Following is a summary of Gross Domestic Product from the Commerce Department. ===============================================================================

2Q 2Q 1Q 4Q 3Q 2Q 1Q

Prelim. Advance 2008 2007 2007 2007 2007 ===============================================================================

-------------Annualized Quarterly Change-------------- Real GDP 3.3% 1.9% 0.9% -0.2% 4.8% 4.8% 0.1% YOY percent 2.2% 1.8% 2.5% 2.3% 2.8% 1.8% 1.3% Personal consumption 1.7% 1.5% 0.9% 1.0% 2.0% 2.0% 3.9% Durable goods -2.5% -3.0% -4.3% 0.4% 2.3% 5.0% 9.2% Nondurable goods 4.2% 4.0% -0.4% 0.3% 1.2% 1.9% 3.5% Services 1.3% 1.1% 2.4% 1.4% 2.4% 1.4% 3.1% Gross private investment -12.0% -14.8% -5.8% -11.9% 3.5% 6.2% -9.6% Fixed investment -2.5% -2.4% -5.6% -6.2% -0.9% 3.0% -3.4% Nonresidential 2.2% 2.3% 2.4% 3.4% 8.7% 10.3% 3.4%

Structures 13.7% 14.4% 8.6% 8.5% 20.5% 18.3% 11.2%

Equipment & software -3.2% -3.4% -0.6% 1.0% 3.6% 6.9% 0.0% Residential -15.7% -15.6% -25.1% -27.0% -20.6% -11.5% -16.2% ===============================================================================

2Q 2Q 1Q 4Q 3Q 2Q 1Q

Prelim. Advance 2008 2007 2007 2007 2007 =============================================================================== Exports 13.2% 9.2% 5.1% 4.4% 23.0% 8.8% 0.6% Goods 16.6% 11.9% 4.5% 5.1% 21.8% 6.9% 2.1% Services 5.9% 3.5% 6.4% 2.7% 25.9% 13.3% -2.7% Imports -7.6% -6.6% -0.8% -2.3% 3.0% -3.7% 7.7% Goods -7.6% -6.3% -2.0% -2.6% 2.4% -4.0% 8.4% Services -7.6% -8.4% 5.5% -0.9% 6.3% -2.0% 4.2% Government consumption 3.9% 3.4% 1.9% 0.8% 3.8% 3.9% 0.9% Federal 6.8% 6.7% 5.8% -0.5% 7.2% 6.7% -3.6% National defense 7.4% 7.3% 7.3% -0.9% 10.2% 8.5% -5.9% Nondefense 5.5% 5.3% 2.9% 0.4% 1.2% 3.1% 1.2% State and local 2.2% 1.6% -0.3% 1.6% 1.9% 2.4% 3.6%

--------------------Other Measures-------------------- Change inventories $B -$49.4 -$62.2 -$10.2 -$8.1 $16.0 -$2.8 -$15.0 Net exports $B -$376.6 -$395.2 -$462.0 -$484.5 -$511.8 -$571.2 -$618.6 Real final sales 4.8% 3.9% 0.9% 0.8% 4.0% 4.3% 1.1% Gross domestic purchases 0.2% -0.5% 0.1% -1.0% 2.6% 2.9% 1.2% Final sales to dom purch 1.5% 1.3% 0.1% -0.1% 1.9% 2.5% 2.2% ===============================================================================

2Q 2Q Prelim- 1Q 4Q 3Q 2Q

Prelim. Advance Advance 2008 2007 2007 2007 ===============================================================================

------------Contribution to Change in GDP------------- Real GDP 3.3% 1.9% 1.40 0.9% -0.2% 4.8% 4.8% Personal consumption 1.24% 1.08% 0.16 0.61% 0.67% 1.44% 1.42% Durables -0.19% -0.23% 0.04 -0.33% 0.03% 0.19% 0.40% Motor Vehicle -0.62% -0.60% -0.02 -0.35% -0.03% -0.22% 0.05% Nondurables 0.87% 0.83% 0.04 -0.08% 0.05% 0.25% 0.40% Services 0.56% 0.47% 0.09 1.02% 0.59% 1.00% 0.62% Housing 0.18% 0.18% 0.00 0.05% 0.12% 0.08% 0.09% Gross pvt dom invest -1.82% -2.28% 0.46 -0.89% -1.93% 0.54% 0.94% Fixed investment -0.38% -0.36% -0.02 -0.86% -0.97% -0.15% 0.47% Nonresidential 0.25% 0.25% 0.00 0.26% 0.36% 0.91% 1.07%

Structures 0.48% 0.51% -0.03 0.30% 0.29% 0.65% 0.57%

Equipment & software -0.24% -0.25% 0.01 -0.04% 0.07% 0.26% 0.50%

Info processing 0.40% 0.35% 0.05 0.27% 0.37% 0.31% 0.41%

Computers 0.06% 0.08% -0.02 0.10% 0.12% 0.12% 0.09%

Software 0.17% 0.08% 0.09 0.16% 0.16% 0.10% 0.22% Residential -0.62% -0.62% 0.00 -1.12% -1.33% -1.06% -0.60% ===============================================================================

2Q 2Q Prelim- 1Q 4Q 3Q 2Q

Prelim. Advance Advance 2008 2007 2007 2007 =============================================================================== Change in inventories -1.44% -1.92% 0.48 -0.02% -0.96% 0.69% 0.47% Nonfarm -1.27% -1.74% 0.47 0.15% -1.43% 0.77% 0.33% Net exports 3.10% 2.42% 0.68 0.77% 0.94% 2.03% 1.66% Exports 1.65% 1.16% 0.49 0.63% 0.53% 2.54% 1.01% Goods 1.42% 1.02% 0.40 0.39% 0.43% 1.66% 0.55% Services 0.23% 0.14% 0.09 0.24% 0.10% 0.88% 0.46% Imports 1.45% 1.26% 0.19 0.14% 0.40% -0.51% 0.65% Goods 1.21% 1.00% 0.21 0.29% 0.38% -0.34% 0.59% Services 0.23% 0.26% -0.03 -0.15% 0.02% -0.17% 0.06% Govt. consumption 0.76% 0.67% 0.09 0.38% 0.16% 0.75% 0.77% Federal 0.49% 0.48% 0.01 0.41% -0.04% 0.51% 0.47% National defense 0.36% 0.36% 0.00 0.34% -0.04% 0.48% 0.40% Nondefense 0.12% 0.12% 0.00 0.06% 0.01% 0.03% 0.07% State and local 0.27% 0.20% 0.07 -0.03% 0.19% 0.24% 0.30% -------------------------------------------------------------------------------

===============================================================================

2Q 2Q 1Q 4Q 3Q 2Q 1Q

Revise Advance 2008 2007 2007 2007 2007 ===============================================================================

---------------Implicit Price Deflators--------------- GDP 1.3% 1.1% 2.6% 2.5% 1.5% 2.0% 4.2% Gross domestic purchases 4.4% 4.3% 3.4% 3.7% 2.2% 3.3% 3.7%

--------------------Price Indexes--------------------- GDP 1.2% 1.1% 2.6% 2.8% 1.5% 2.0% 4.1% YOY percent 2.0% 2.0% 2.3% 2.6% 2.5% 2.8% 2.9% Personal consumption 4.2% 4.2% 3.6% 4.3% 2.5% 3.6% 3.4% YOY percent 3.7% 3.7% 3.5% 3.5% 2.2% 2.4% 2.3% ex food and energy 2.1% 2.1% 2.3% 2.5% 2.1% 1.8% 2.4% Real final sales 1.2% 1.1% 2.7% 2.8% 1.5% 2.0% 4.1% Gross domestic purchases 4.2% 4.2% 3.5% 4.0% 2.2% 3.3% 3.6%

"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: August 28, 2008 08:30 EDT"





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