Table 1.1.5. Gross Domestic Product

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	Personal consumption expenditures	19,896.009	18,833.150	18,833.150
line 3	Goods	6,261.530	6,115.666	6,115.666
line 4	Durable goods	2,178.085	2,141.043	2,141.043
line 5	Nondurable goods	4,083.445	3,974.623	3,974.623
line 6	Services	13,634.480	12,717.484	12,717.484
line 7	Gross private domestic investment	5,259.320	5,023.712	5,023.712
line 8	Fixed investment	5,205.774	4,970.003	4,970.003
line 9	Nonresidential	4,022.935	3,855.957	3,855.957
line 10	Structures	934.799	926.792	926.792
line 11	Equipment	1,484.254	1,404.659	1,404.659
line 12	Intellectual property products	1,603.882	1,524.507	1,524.507
line 13	Residential	1,182.839	1,114.045	1,114.045
line 14	Change in private inventories	53.546	53.709	53.709
line 15	Net exports of goods and services	-898.460	-786.496	-786.496
line 16	Exports	3,215.368	3,073.360	3,073.360
line 17	Goods	2,057.990	2,024.358	2,024.358
line 18	Services	1,157.378	1,049.002	1,049.002
line 19	Imports	4,113.828	3,859.856	3,859.856
line 20	Goods	3,267.309	3,092.569	3,092.569
line 21	Services	846.519	767.287	767.287
line 22	Government consumption expenditures and gross investment	5,041.143	4,741.151	4,741.151
line 23	Federal	1,892.402	1,765.700	1,765.700
line 24	National defense	1,082.721	1,003.971	1,003.971
line 25	Nondefense	809.681	761.729	761.729
line 26	State and local	3,148.741	2,975.451	2,975.451