Table 1.3.5. Gross Value Added by Sector

Annual

		Billions of Dollars
Line	Name	2024	Preceding Period	Year Ago from Period
line 1	Gross domestic product	29,298.013	27,811.517	27,811.517
line 2	Business	22,537.696	21,469.512	21,469.512
line 3	Nonfarm	22,321.866	21,251.314	21,251.314
line 4	Farm	215.830	218.198	218.198
line 5	Households and institutions	3,700.206	3,460.118	3,460.118
line 6	Households	2,148.642	2,004.429	2,004.429
line 7	Nonprofit institutions serving households	1,551.564	1,455.689	1,455.689
line 8	General government	3,060.111	2,881.887	2,881.887
line 9	Federal	986.778	929.092	929.092
line 10	State and local	2,073.333	1,952.795	1,952.795
	Addendum:
line 11	Gross housing value added	2,752.986	2,560.965	2,560.965