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Brian C. Moyer; (202) 606-5307 BEA 01-35
Gross Domestic Product by Industry for 1998-2000
The Bureau of Economic Analysis (BEA) today released new estimates of Gross Domestic
Product (GDP) by Industry for 2000 and revised estimates for 1998-99. The estimates incorporate
the results of this year's annual revision of the National Income and Product Accounts (NIPA's) and
newly available source data.
The new and revised data show that real GDP growth in private industries, which generate 88
percent of current-dollar GDP, slowed to 4.1 percent in 2000 from 4.8 percent in 1999. At 4.1
percent, growth in 2000 remained healthy nonetheless, with strong growth in industries related to
information technology playing an important role.
Among the fastest growing industry groups in 2000 were communications which grew 10.7
percent and durable-goods manufacturing, which grew 7.1 percent. The overall growth in durable
goods reflected double-digit growth rates in IT-related manufacturing industries. Strong growth in
these industries and other services-producing industries more than offset slow growth in government,
zero growth in nondurable-goods manufacturing, and declines in mining (see tables 1 and 2, below).
The GDP-by-Industry estimates are value-added measures that are based on the NIPA
components of Gross Domestic Income. They are used to measure the contribution of each private
industry and of government to the Nation's GDP. BEA prepares estimates of GDP by Industry for
62 private industries and for 4 government classifications including Federal general government,
Federal government enterprises, State and local general government, and State and local
government enterprises.
The GDP-by-Industry Accounts provide annual estimates. They include estimates of current-
dollar and real GDP by Industry, gross output by industry, and intermediate inputs by industry. In
addition, they include estimates of prices, unit costs, and contributions by industry. More
information about the GDP-by-Industry Accounts can be found in the November 2001 issue of the
Survey of Current Business, BEA's monthly journal. Information on how to obtain the Survey of
Current Business is provided below.
* * *
BEA's major national, international, regional, and industry estimates; the Survey of Current
Business; and BEA news releases are available without charge on BEA's Web site:
<www.bea.doc.gov>
STAT-USA maintains an Internet site that contains BEA estimates, the Survey of Current
Business, and BEA news releases. For information about STAT-USA, go to <www.stat-usa.gov> or
call (202) 482-1986. Subscriptions for single-user unlimited access to STAT-USA's Internet
information are $75.00 for 3 months or $175.00 for 1 year.
Most of BEA's estimates and analyses appear in the Survey of Current Business, BEA's
monthly journal. Subscriptions and single copies of the printed Survey are for sale by the
Superintendent of Documents, U.S. Government Printing Office. Internet: <bookstore.gpo.gov>;
phone: (202) 512-1800; fax: (202) 512-2250; mail: Stop SSOP, Washington, DC 20402-0001.
* * *
Table 1.--Percent Changes in Real Gross Domestic Product by Industry Group
Average
annual
1998 1999 2000 rate of
change
1997-2000
Gross domestic product ... 4.3 4.1 4.1 4.2
Private industries......................... 4.7 4.8 4.1 4.6
Private goods-producing industries ... 4.4 5.4 2.9 4.2
Agriculture, forestry, and fishing..... 1.3 5.5 8.4 5.0
Mining................................. 2.4 -6.5 -15.0 -6.6
Construction........................... 7.5 6.0 2.5 5.3
Manufacturing.......................... 4.1 6.1 4.1 4.8
Durable goods........................ 9.8 8.1 7.1 8.3
Nondurable goods..................... -3.3 3.3 -0.0 -0.0
Private services-producing industries ... 6.0 5.3 5.4 5.6
Transportation and public utilities.... 2.1 7.9 6.0 5.3
Transportation....................... 3.6 4.1 4.7 4.1
Communications....................... 6.2 10.9 10.7 9.2
Electric, gas, and sanitary services. -4.1 9.9 2.3 2.6
Wholesale trade........................ 13.6 3.8 2.8 6.6
Retail trade........................... 7.3 5.5 7.3 6.7
Finance, insurance, and real estate.... 6.7 5.6 5.6 6.0
Services............................... 4.1 4.5 5.1 4.5
Government................................. 1.1 1.3 2.3 1.6
Table 2.--Percent Changes in Real Gross Domestic Product by Industry
Average
annual
Line 1998 1999 2000 rate of
change
1997-2000
1 Gross domestic product ... 4.3 4.1 4.1 4.2
2 Private industries ... 4.7 4.8 4.1 4.6
3 Private goods-producing industries ... 4.4 5.4 2.9 4.2
4 Agriculture, forestry, and fishing ... 1.3 5.5 8.4 5.0
5 Farms ... -3.2 5.7 13.7 5.2
6 Agricultural services, forestry, and fishing ... 10.3 5.1 1.4 5.5
7 Mining ... 2.4 -6.5 -15.0 -6.6
8 Metal mining ... 23.0 6.0 -8.8 5.9
9 Coal mining ... 6.7 13.4 -0.3 6.5
10 Oil and gas extraction ... 0.3 -10.7 -20.5 -10.7
11 Nonmetallic minerals, except fuels ... 4.5 -0.1 13.8 5.9
12 Construction ... 7.5 6.0 2.5 5.3
13 Manufacturing ... 4.1 6.1 4.1 4.8
14 Durable goods ... 9.8 8.1 7.1 8.3
15 Lumber and wood products ... 1.4 7.2 2.7 3.7
16 Furniture and fixtures ... 3.5 4.2 2.3 3.3
17 Stone, clay, and glass products ... -0.1 4.8 3.5 2.7
18 Primary metal industries ... 3.5 5.1 0.3 2.9
19 Fabricated metal products ... 0.4 2.0 1.2 1.2
20 Industrial machinery and equipment ... 23.7 9.5 10.1 14.2
21 Electronic and other electric equipment ... 15.7 21.3 28.1 21.6
22 Motor vehicles and equipment ... 15.0 2.8 1.9 6.4
23 Other transportation equipment ... 3.4 8.0 -9.8 0.2
24 Instruments and related products ... -1.5 -1.8 -0.0 -1.1
25 Miscellaneous manufacturing industries ... 0.1 8.2 3.1 3.7
26 Nondurable goods ... -3.3 3.3 -0.0 -0.0
27 Food and kindred products ... -5.1 4.7 0.7 0.0
28 Tobacco products ... -14.1 -46.9 -2.3 -23.6
29 Textile mill products ... -3.3 -2.2 2.2 -1.1
30 Apparel and other textile products ... -4.6 -10.5 -0.5 -5.3
31 Paper and allied products ... -3.6 2.1 -12.9 -5.0
32 Printing and publishing ... -1.0 2.9 -1.6 0.1
33 Chemicals and allied products ... -5.5 8.7 9.2 3.9
34 Petroleum and coal products ... 3.3 30.1 -25.9 -0.1
35 Rubber and miscellaneous plastics products ... 4.6 4.6 2.8 4.0
36 Leather and leather products ... -9.3 -4.2 5.3 -2.9
37 Private services-producing industries ... 6.0 5.3 5.4 5.6
38 Transportation and public utilities ... 2.1 7.9 6.0 5.3
39 Transportation ... 3.6 4.1 4.7 4.1
40 Railroad transportation ... -0.0 -1.1 2.9 0.6
41 Local and interurban passenger transit ... 5.3 7.1 9.7 7.4
42 Trucking and warehousing ... 5.5 5.1 5.3 5.3
43 Water transportation ... -0.4 -10.2 -0.6 -3.8
44 Transportation by air ... 2.2 5.3 5.1 4.2
45 Pipelines, except natural gas ... 2.6 0.5 1.0 1.4
46 Transportation services ... 5.2 7.3 2.6 5.0
47 Communications ... 6.2 10.9 10.7 9.2
48 Telephone and telegraph ... 8.0 14.7 11.8 11.5
49 Radio and television ... 0.9 -0.1 7.6 2.7
50 Electric, gas, and sanitary services ... -4.1 9.9 2.3 2.6
51 Wholesale trade ... 13.6 3.8 2.8 6.6
52 Retail trade ... 7.3 5.5 7.3 6.7
53 Finance, insurance, and real estate ... 6.7 5.6 5.6 6.0
54 Depository institutions ... 4.2 4.5 7.5 5.4
55 Nondepository institutions ... 7.0 5.7 10.2 7.6
56 Security and commodity brokers ... 27.1 28.7 38.5 31.3
57 Insurance carriers ... -0.3 0.1 -3.0 -1.1
58 Insurance agents, brokers, and service ... 5.9 13.6 2.1 7.1
59 Real estate ... 4.6 4.4 3.3 4.1
60 Nonfarm housing services ... 2.4 3.6 2.8 2.9
61 Other real estate ... 10.7 6.6 4.4 7.2
62 Holding and other investment offices ... 163.6 -31.2 -30.4 8.1
63 Services ... 4.1 4.5 5.1 4.5
64 Hotels and other lodging places ... -2.3 2.4 3.9 1.3
65 Personal services ... 9.3 -2.1 1.7 2.9
66 Business services ... 6.9 10.2 8.5 8.5
67 Auto repair, services, and parking ... 7.6 7.4 3.9 6.3
68 Miscellaneous repair services ... 2.5 -6.8 -2.8 -2.4
69 Motion pictures ... 9.7 3.4 2.6 5.2
70 Amusement and recreation services ... 3.4 5.0 1.7 3.4
71 Health services ... 0.3 2.1 3.2 1.8
72 Legal services ... 2.9 2.8 4.7 3.5
73 Educational services ... 4.1 2.1 3.5 3.2
74 Social services ... 3.5 2.5 3.4 3.2
75 Membership organizations ... -1.4 0.1 2.7 0.5
76 Other services ... 7.9 5.1 7.4 6.8
77 Private households ... 13.0 -11.6 2.2 0.7
78 Government ... 1.1 1.3 2.3 1.6
79 Federal ... 0.1 -0.3 1.9 0.5
80 General government ... -0.6 -0.1 1.5 0.3
81 Government enterprises ... 3.5 -1.0 3.7 2.0
82 State and local ... 1.7 2.0 2.5 2.1
83 General government ... 2.1 1.7 2.4 2.1
84 Government enterprises ... -2.8 5.6 4.5 2.4
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