Gross Domestic Product by Industry, 2nd Quarter 2020 and Annual Update
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. Private goods-producing industries decreased 34.4 percent, private services-producing industries decreased 33.1 percent, and government decreased 16.6 percent (table 12). Overall, 20 of 22 industry groups contributed to the second-quarter decline in real GDP.
- Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry (Annual Update), Second Quarter 2020
- Full Release & Tables
- Technical Note
- Tables Only
- Release Highlights
- Historical Comparisons
- Key source data and assumptions
- Effects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures (PDF)
- Effects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures (XLSX)
- Effects of Selected Federal Pandemic Response Programs on Personal Income (PDF)
- Effects of Selected Federal Pandemic Response Programs on Personal Income (XLSX)
- Paycheck Protection Program Subsidies by Industry in the National Accounts (PDF)
- Paycheck Protection Program Subsidies by Industry in the National Accounts (XLSX)
- Revision Information
- Articles on quarterly GDP by industry statistics includes articles and data related to the previously published prototype quarterly GDP by industry statistics
- Historical SIC Data
- Underlying detail: Additional data from the Industry Economic Accounts
- Improved Estimates of the Industry Economic Accounts: Results of the 2018 Comprehensive Update SCB, December 2018
- Measuring the Nation’s Economy: An Industry Perspective | A Primer on BEA’s Industry Accounts
- Preview of the Comprehensive Revision of the Annual Industry Accounts SCB, March 2010
- Experimental Quarterly U.S. Gross Domestic Product by Industry Statistics SCB, February 2010
- Integrating the 2002 Benchmark Input-Output Accounts and the 2002 Annual Industry Accounts SCB, December 2007
- Gross Domestic Product by Industry for 1947-86: New Estimates Based on the North American Industry Classification System SCB, December 2005
- Annual Industry Accounts: Introducing KLEMS Input Estimates for 1997-2003 SCB, September 2005
- Gross Domestic Product by Industry for 1987-2000: New Estimates on the North American Industry Classification System SCB, November 2004
- Preview of the Comprehensive Revision of the Annual Industry Accounts: Integrating the Annual Input-Output Accounts and the Gross-Domestic-Product-by-Industry Accounts SCB, March 2004
- Priorities for Industry Accounts SCB, November 2000
- Improved Estimates of Gross Product by Industry for 1947-98 SCB, June 2000
- Gross Product by Industry Price Measures 1977-96 SCB, March 1998
- Data Archive Previously published estimates contain historical data and have since been revised
What is GDP by Industry?
An industry-by-industry breakdown of gross domestic product. In addition to showing each industry’s contribution to the U.S. economy, known as its value added, these statistics include industries’ compensation of employees, gross operating surplus, and taxes.
Contact Personnel
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TechnicalThomas Howells
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TechnicalEdward Morgan
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News MediaJeannine Aversa