1. Home
  2. GDP by Industry

GDP by Industry

Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Second Quarter 2020

2nd quarter 2020 (3rd)
-31.4%
1st quarter 2020
-5.0%

Real gross domestic product (GDP) decreased at an annual rate of 31.4 percent in the second quarter of 2020, according to the “third” estimate released by the Bureau of Economic Analysis. The change was 0.3 percentage point higher than the “second” estimate released in August. In the first quarter of 2020, real GDP decreased 5.0 percent.

Current Release
Quick Guide: GDP Releases
  • Current release: September 30, 2020
  • Next release: October 29, 2020
 

Gross Domestic Product by Industry, 1st Quarter 2020

Accommodation and food services; finance and insurance; and health care and social assistance industries were the leading contributors to the 5.0 percent (annual rate) decrease in gross domestic product (GDP) in the first quarter of 2020.

Current Release
Attention

Starting September 30, GDP by industry statistics will be included in the news release for the third estimate of national GDP each quarter, as part of BEA’s effort to speed up the release of its industry and state statistics. Select GDP by industry and gross output tables will be included in the combined release; all industry tables will be available in our Interactive Data Application. The table formats for the September 30 release and subsequent third estimate GDP news releases are now available.

Table formats

  • Current Release: July 6, 2020
  • Next Release: September 30, 2020
 

Gross Domestic Product by Industry: Fourth Quarter and Year 2019

Retail trade, finance and insurance, and utilities were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the fourth quarter.

Current Release
  • Current Release: April 6, 2020
  • Next Release: July 6, 2020

Gross Domestic Product by Industry, Third Quarter 2019

Nondurable goods manufacturing; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the third quarter.

Current Release
  • Current Release: January 9, 2020
  • Next Release: April 6, 2020

Gross Domestic Product by Industry: Second Quarter 2019

Professional, scientific, and technical services; real estate and rental and leasing; and mining were the leading contributors to the increase in U.S. economic growth in the second quarter of 2019. The private goods‐ and services‐producing industries, as well as the government sector, contributed to the increase. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the second quarter.

Current Release
  • Current Release: October 29, 2019
  • Next Release: January 9, 2020
Subscribe to GDP by Industry