Concepts Of Expenditure Approach

Data exercise 12 Name Tutors Name 26/03/2014 Data Exercise 1Part 1 Table 1.1.5. Gross Domestic ProductBillions of dollars Seasonally adjusted at annual ratesBureau of Economic AnalysisLast Revised on February 28, 2014 - Next Release Date March 27, 2014Line2013IIIIIIIV1 Gross domestic product16535.31666116912.917080.72Personal consumption expenditures11379.211427.111537.711640.73 Goods3851.83848.53912.83933.24 Durable goods1244.81257.5127412755 Nondurable goods260725912638.82658.26 Services7527.47578.67624.87707.67Gross private domestic investment2555.1262127382780.58 Fixed investment2491.72543.82593.22634.29 Nonresidential2001.42030.62060.52103.310 Structures429.1452.6470.7475.911 Equipment928934.6935.8959.112 Intellectual property products644.3643.5654.1668.213 Residential490.3513.2532.653114 Change in private inventories63.477.2144.8146.315Net exports of goods and services-523.1-509-500.2-456.816 Exports2214.22238.92265.82320.117 Goods1531.61548.81572.11614.918 Services682.6690.2693.7705.219 Imports2737.32747.927662776.920 Goods2281.92288.72304.52309.621 Services455.3459.3461.5467.322Government consumption expenditures and gross investment3124.13121.93137.53116.223 Federal12551252.61251.21224.824 National defense775.8776.3777.3753.725 Nondefense479.2476.3473.9471.126 State and local1869.11869.31886.31891.4 Table 1.1.6. Real Gross Domestic Product, Chained DollarsBillions of chained (2009) dollars Seasonally adjusted at annual ratesBureau of Economic AnalysisLast Revised on February 28, 2014 - Next Release Date March 27, 2014Line2013IIIIIIIV1 Gross domestic product 15 583.9 15 679.7 15 839.3 15 932.9 2Personal consumption expenditures 10 644.0 10 691.9 10 744.2 10 812.1 3 Goods 3 611.9 3 639.6 3 680.0 3 708.8 4 Durable goods 1 303.5 1 323.2 1 348.6 1 357.0 5 Nondurable goods 2 322.2 2 331.7 2 348.6 2 368.7 6 Services 7 031.1 7 051.5 7 063.6 7 102.8 7Gross private domestic investment 2 470.1 2 524.9 2 627.2 2 656.2 8 Fixed investment 2