3

Gross Domestic Product and Related Price Measures: 

Indexes and Percent Changes

[Quarterly data are seasonally adjusted]

Period

Index numbers, 2005=100 Percent change from preceding period 1

Gross domestic product (GDP) Personal consumption

expenditures (PCE) Gross domestic product (GDP) Personal consumptionexpenditures (PCE)

Real GDP

(chain-type

quantity

index)

GDP

chain-type

price

index

GDP

implicit

price

deflator

PCE

(chain-type

price index)

PCE

less food

and energy

price index

GDP

(current

dollars)

Real GDP

(chain-type

quantity

index)

GDP

chain-type

price

index

GDP

implicit

price

deflator

PCE

(chain-type

price index)

PCE

less food

and energy

price index

2003 ...................... 93.769 94.134 94.135 94.658 95.823 4.7 2.5 2.1 2.1 2.0 1.5

2004 ...................... 97.021 96.784 96.786 97.121 97.815 6.4 3.5 2.8 2.8 2.6 2.1

2005 ...................... 100.000 100.000 100.000 100.000 100.000 6.5 3.1 3.3 3.3 3.0 2.2

2006 ...................... 102.658 103.237 103.231 102.723 102.265 6.0 2.7 3.2 3.2 2.7 2.3

2007 ...................... 104.622 106.231 106.227 105.499 104.631 4.9 1.9 2.9 2.9 2.7 2.3

2008 ...................... 104.270 108.565 108.582 108.943 107.020 1.9 –.3 2.2 2.2 3.3 2.3

2009 ...................... 101.069 109.532 109.529 109.004 108.536 –2.2 –3.1 .9 .9 .1 1.4

2010 ...................... 103.486 111.002 110.993 111.087 110.214 3.8 2.4 1.3 1.3 1.9 1.5

2011 ...................... 105.356 113.369 113.359 113.790 111.802 4.0 1.8 2.1 2.1 2.4 1.4

2012 r .................... 107.670 115.382 115.381 115.784 113.704 4.0 2.2 1.8 1.8 1.8 1.7

2009: I .................. 100.697 109.526 109.539 108.063 107.827 –4.4 –5.3 1.0 .9 –2.1 .7

 II ................. 100.618 109.318 109.325 108.496 108.285 –1.1 –.3 –.8 –.8 1.6 1.7

 III ................ 100.980 109.463 109.457 109.315 108.694 1.9 1.4 .5 .5 3.1 1.5

 IV ................ 101.981 109.820 109.793 110.142 109.339 5.3 4.0 1.3 1.2 3.1 2.4

2010: I .................. 102.572 110.234 110.216 110.642 109.739 3.9 2.3 1.5 1.6 1.8 1.5 II ................. 103.142 110.686 110.706 110.800 110.121 4.1 2.2 1.7 1.8 .6 1.4 III ................ 103.807 111.248 111.238 111.154 110.395 4.6 2.6 2.0 1.9 1.3 1.0 IV ................ 104.423 111.838 111.795 111.751 110.602 4.5 2.4 2.1 2.0 2.2 .8

2011: I .................. 104.443 112.389 112.372 112.640 110.973 2.2 .1 2.0 2.1 3.2 1.3

 II ................. 105.084 113.109 113.109 113.633 111.599 5.2 2.5 2.6 2.6 3.6 2.3 III ................ 105.418 113.937 113.950 114.293 112.138 4.3 1.3 3.0 3.0 2.3 1.9 IV ................ 106.481 114.041 113.987 114.593 112.500 4.2 4.1 .4 .1 1.1 1.3

2012: I .................. 106.999 114.608 114.599 115.300 113.122 4.2 2.0 2.0 2.2 2.5 2.2

 II ................. 107.333 115.050 115.035 115.496 113.603 2.8 1.3 1.6 1.5 .7 1.7

 III ................ 108.156 115.807 115.810 115.952 113.912 5.9 3.1 2.7 2.7 1.6 1.1

 IV r .............. 108.190 116.063 116.068 116.389 114.181 1.0 .1 .9 .9 1.5 .9

1 Quarterly percent changes are at annual rates. Source: Department of Commerce (Bureau of Economic Analysis).

Nonfinancial Corporate Business—

Gross Value Added and Price, Costs, and Profits

[Quarterly data at seasonally adjusted annual rates]

Period

Gross value added

of nonfinancial

corporate business

(billions of dollars) 1

Price per unit of real gross value added of nonfinancial corporate business (dollars) 1, 2

Total

Compensation 

of employees

(unit labor 

cost)

Unit nonlabor cost Corporate profits with inventory valuation

and capital consumption adjustments 4

Current

dollars

Chained

(2005)

dollars

Total

Consumption

of fixed

capital

Taxes on

production

and imports 3

Net interest 

and

miscellaneous

payments

Total

Taxes on

corporate

income

Profits

after

tax 5

2002 .................... 5,307.7 5,675.5 0.935 0.624 0.235 0.115 0.091 0.029 0.075 0.017 0.058

2003 .................... 5,503.7 5,818.1 .946 .628 .234 .115 .094 .025 .084 .023 .061

2004 .................... 5,877.5 6,085.1 .966 .622 .232 .114 .096 .022 .111 .031 .081

2005 .................... 6,302.8 6,302.8 1.000 .631 .243 .118 .101 .024 .127 .043 .083

2006 .................... 6,740.3 6,543.2 1.030 .639 .249 .122 .102 .025 .141 .047 .094

2007 .................... 6,946.0 6,606.4 1.051 .660 .264 .127 .102 .035 .127 .044 .082

2008 .................... 6,991.4 6,515.9 1.073 .682 .276 .133 .103 .040 .116 .035 .081

2009 .................... 6,590.8 6,036.8 1.092 .691 .291 .143 .110 .038 .109 .029 .080

2010 .................... 6,952.4 6,369.1 1.092 .668 .280 .135 .110 .035 .144 .035 .109

2011 .................... 7,366.7 6,595.6 1.117 .678 .286 .135 .112 .039 .153 .037 .115

2009: I ................ 6,633.6 6,028.2 1.100 .698 .298 .145 .110 .043 .105 .028 .077

 II ............... 6,527.7 5,963.9 1.095 .700 .295 .145 .112 .038 .100 .027 .073

 III .............. 6,521.4 5,992.1 1.088 .693 .289 .143 .110 .036 .108 .028 .079

 IV .............. 6,680.7 6,162.9 1.084 .675 .284 .139 .110 .035 .125 .034 .091

2010: I ................ 6,828.1 6,312.8 1.082 .662 .278 .135 .109 .034 .141 .034 .107

 II ............... 6,894.9 6,347.1 1.086 .667 .279 .135 .110 .034 .140 .035 .105

 III .............. 7,033.7 6,421.9 1.095 .668 .278 .134 .110 .034 .149 .036 .113

 IV .............. 7,053.0 6,394.8 1.103 .674 .284 .136 .111 .037 .146 .035 .110

2011: I ................ 7,200.6 6,499.2 1.108 .682 .285 .135 .112 .038 .140 .038 .103 II ............... 7,367.0 6,611.2 1.114 .675 .284 .134 .112 .038 .155 .038 .117 III .............. 7,418.6 6,586.5 1.126 .681 .289 .137 .112 .040 .156 .038 .119 IV .............. 7,480.5 6,685.6 1.119 .674 .286 .136 .111 .039 .159 .036 .123

2012: I ................ 7,605.5 6,768.5 1.124 .681 .285 .136 .110 .039 .158 .045 .113 II ............... 7,670.8 6,803.6 1.127 .683 .283 .137 .109 .037 .161 .045 .116 III r ............ 7,693.7 6,738.6 1.142 .694 .287 .139 .109 .039 .161 .046 .115

1 Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the 

Standard Industrial Classification (SIC); later estimates are based on the North American Industry 

Classification System (NAICS). 2 The implicit price deflator for gross value added of nonfinancial corporate business divided by 100.

3 Less subsidies plus business current transfer payments.

4 Unit profits from current production.

5 With inventory valuation and capital consumption adjustments.

Source: Department of Commerce (Bureau of Economic Analysis).