Table 1.3.1. Percent Change From Preceding Period in Real Gross Value Added by Sector

Annual

		Percent Change from Preceding Period
Line	Name	2024	Preceding Period	Year Ago from Period
line 1	Gross domestic product	2.8	2.9	2.9
line 2	Business	3.0	3.1	3.1
line 3	Nonfarm	2.9	3.1	3.1
line 4	Farm	5.8	1.8	1.8
line 5	Households and institutions	2.2	2.5	2.5
line 6	Households	1.9	2.4	2.4
line 7	Nonprofit institutions serving households	2.6	2.6	2.6
line 8	General government	2.3	2.2	2.2
line 9	Federal	1.9	1.2	1.2
line 10	State and local	2.5	2.7	2.7
	Addendum:
line 11	Gross housing value added	2.2	2.7	2.7