Federal Reserve Economic Data

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    Q4 1946    

 

 

    Q1 2024

	Line	Name	Period	Value	Preceding Period	Year Ago from Period	Units
	line 1	Gross value added (income approach)	Q1 2024	27,635,103 Millions of Dollars	27,324,040 Millions of Dollars	26,485,426 Millions of Dollars	Mil. of $
	line 2	Less: Consumption of fixed capital	Q1 2024	4,711,837 Millions of Dollars	4,667,259 Millions of Dollars	4,507,407 Millions of Dollars	Mil. of $
	line 3	Equals: Net value added	Q1 2024	22,923,264 Millions of Dollars	22,656,779 Millions of Dollars	21,978,018 Millions of Dollars	Mil. of $
	line 4	Compensation of employees (paid)	Q1 2024	14,666,265 Millions of Dollars	14,466,418 Millions of Dollars	13,981,655 Millions of Dollars	Mil. of $
	line 5	Wages and salaries	Q1 2024	12,160,113 Millions of Dollars	11,994,323 Millions of Dollars	11,581,877 Millions of Dollars	Mil. of $
	line 6	Employers’ social contributions	Q1 2024	2,506,153 Millions of Dollars	2,472,095 Millions of Dollars	2,399,779 Millions of Dollars	Mil. of $
	line 7	Taxes on production and imports less subsidies	Q1 2024	1,757,984 Millions of Dollars	1,747,224 Millions of Dollars	1,729,657 Millions of Dollars	Mil. of $
	line 8	Operating surplus, net	Q1 2024	6,499,015 Millions of Dollars	6,443,137 Millions of Dollars	6,266,706 Millions of Dollars	Mil. of $
	line 9	Plus income receipts from the rest of the world	.	. Millions of Dollars	. Millions of Dollars	. Millions of Dollars	Mil. of $
	line 10	Less: Income payments to the rest of the world	.	. Millions of Dollars	. Millions of Dollars	. Millions of Dollars	Mil. of $
	line 11	Equals: Net national income/Balance of primary incomes, net	Q1 2024	23,094,830 Millions of Dollars	22,817,546 Millions of Dollars	22,136,946 Millions of Dollars	Mil. of $
	line 12	Operating surplus, net	Q1 2024	6,499,015 Millions of Dollars	6,443,137 Millions of Dollars	6,266,706 Millions of Dollars	Mil. of $
	line 13	Compensation of employees (received)	Q1 2024	14,647,903 Millions of Dollars	14,448,136 Millions of Dollars	13,965,217 Millions of Dollars	Mil. of $
	line 14	Wages and salaries	Q1 2024	12,141,750 Millions of Dollars	11,976,041 Millions of Dollars	11,565,438 Millions of Dollars	Mil. of $
	line 15	Employers’ social contributions	Q1 2024	2,506,153 Millions of Dollars	2,472,095 Millions of Dollars	2,399,779 Millions of Dollars	Mil. of $
	line 16	Taxes on production and imports, receivable	Q1 2024	1,855,199 Millions of Dollars	1,847,176 Millions of Dollars	1,831,057 Millions of Dollars	Mil. of $
	line 17	Subsidies paid	Q1 2024	-97,215 Millions of Dollars	-99,952 Millions of Dollars	-101,400 Millions of Dollars	Mil. of $
	line 18	Property income received from rest of world (net)	Q1 2024	189,928 Millions of Dollars	179,049 Millions of Dollars	175,366 Millions of Dollars	Mil. of $
	line 19	Distributed income of corporations (net)	Q1 2024	484,451 Millions of Dollars	372,266 Millions of Dollars	428,572 Millions of Dollars	Mil. of $
	line 20	Interest (net)	Q1 2024	-343,341 Millions of Dollars	-334,912 Millions of Dollars	-316,626 Millions of Dollars	Mil. of $
	line 21	Reinvested earnings (net)	Q1 2024	48,818 Millions of Dollars	141,694 Millions of Dollars	63,421 Millions of Dollars	Mil. of $
	line 22	Rents on land and natural resources (net)	Q1 2024	0 Millions of Dollars	0 Millions of Dollars	0 Millions of Dollars	Mil. of $
	line 23	Net national income/Balance of primary incomes, net	Q1 2024	23,094,830 Millions of Dollars	22,817,546 Millions of Dollars	22,136,946 Millions of Dollars	Mil. of $
	line 24	Plus: Current taxes on income, wealth, etc. (received)	Q1 2024	3,587,997 Millions of Dollars	3,422,835 Millions of Dollars	3,359,303 Millions of Dollars	Mil. of $
	line 25	Less: Current taxes on income, wealth, etc. (paid)	Q1 2024	3,568,801 Millions of Dollars	3,403,527 Millions of Dollars	3,340,195 Millions of Dollars	Mil. of $
	line 26	Plus: Social benefits (received)	Q1 2024	6,011,481 Millions of Dollars	5,810,931 Millions of Dollars	5,781,442 Millions of Dollars	Mil. of $
	line 27	Less: Social contributions (paid)	Q1 2024	6,038,666 Millions of Dollars	5,836,974 Millions of Dollars	5,806,653 Millions of Dollars	Mil. of $
	line 28	Plus: Other current transfers (received)	Q1 2024	1,349,686 Millions of Dollars	1,330,480 Millions of Dollars	1,316,260 Millions of Dollars	Mil. of $
	line 29	Less: Other current transfers (paid)	Q1 2024	1,520,394 Millions of Dollars	1,495,042 Millions of Dollars	1,515,958 Millions of Dollars	Mil. of $
	line 30	Equals: Disposable income, net	Q1 2024	22,916,133 Millions of Dollars	22,646,248 Millions of Dollars	21,931,147 Millions of Dollars	Mil. of $
	line 31	Less: Final consumption expenditures	Q1 2024	23,041,316 Millions of Dollars	22,737,128 Millions of Dollars	21,971,642 Millions of Dollars	Mil. of $
	line 32	Equals: Net saving	Q1 2024	-125,185 Millions of Dollars	-90,880 Millions of Dollars	-40,498 Millions of Dollars	Mil. of $
		Addendum:
	line 33	Gross value added (line 1)	Q1 2024	27,635,103 Millions of Dollars	27,324,040 Millions of Dollars	26,485,426 Millions of Dollars	Mil. of $
	line 34	Plus statistical discrepancy (NIPA)	.	. Millions of Dollars	. Millions of Dollars	. Millions of Dollars	Mil. of $
	line 35	Equals: GDP (NIPA, expenditure approach)	Q1 2024	28,255,929 Millions of Dollars	27,956,997 Millions of Dollars	26,813,599 Millions of Dollars	Mil. of $
	line 36	Average of GDP and GDI	Q1 2024	27,945,515 Millions of Dollars	27,640,519 Millions of Dollars	26,649,513 Millions of Dollars	Mil. of $
	line 37	Statistical discrepancy as a percentage of GDP	Q1 2024	2.19716 Percent	2.26405 Percent	1.22392 Percent	%

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