US Data: GDP Major Component Rates of Change>

Release for:  Fourth Quarter (second estimate)

Source: U.S. Department of Commerce

Percent changes at seasonally adjusted annual rate, chain-weighted

                                   4Q-16   1Q-17   2Q-17   3Q-17   4Q-17

Real GDP                             1.8     1.2     3.1     3.2     2.5

Pers consumption expenditures        2.9     1.9     3.3     2.2     3.8

Goods PCE                            4.7     0.7     5.4     4.5     7.5

 Durable goods                       9.2    -0.1     7.6     8.6    13.8

 Nondurable goods                    2.5     1.1     4.2     2.3     4.3

Services PCE                         2.1     2.5     2.3     1.1     2.1

Gross priv dom investment            8.5    -1.2     3.9     7.3     3.5

 Fixed investment                    1.7     8.1     3.2     2.4     8.1

  Nonresidential                     0.2     7.2     6.7     4.7     6.6

   Structures                       -2.2    14.8     7.0    -7.0     2.5

   Equipment                         1.8     4.4     8.8    10.8    11.8

   Intellectual Property            -0.4     5.7     3.7     5.2     2.4

  Residential fixed investment       7.1    11.1    -7.3    -4.7    13.0

 Change in private inventories      #N/A    #N/A    #N/A    #N/A    #N/A

Net exports of goods and svcs       #N/A    #N/A    #N/A    #N/A    #N/A

 Exports                            -3.8     7.3     3.5     2.1     7.1

  Goods                             -3.4    10.8     2.2     1.8    12.0

  Services                          -4.6     1.0     6.2     2.5    -1.9

 Imports                             8.1     4.3     1.5    -0.7    14.0

  Goods                              9.2     4.7     1.3    -0.2    16.9

  Services                           3.2     2.5     2.2    -2.6     1.9

Govt consumption expenditures

 and gross investment                0.2    -0.6    -0.2     0.7     2.9

 Federal                            -0.5    -2.4     1.9     1.3     3.2

  National defense                  -3.2    -3.3     4.7     2.4     5.6

  Nondefense                         3.6    -1.2    -1.9    -0.2     0.0

 State and local                     0.6     0.5    -1.5     0.2     2.7

Addenda:

  Gross domestic income             -1.7     2.7     2.3     2.4    #N/A

  Average of GDP and GDI             0.0     2.0     2.7     2.8    #N/A

  Final sales of domestic produc     0.7     2.7     2.9     2.4     3.3

  Gross domestic purchases           3.3     1.0     2.8     2.7     3.6

  Final sales to domestic

   purchasers                        2.3     2.4     2.7     1.9     4.3

  Final sales to private domestic

   purchasers                        2.7     3.1     3.3     2.2     4.6

  Gross national product             2.6     0.9     2.8     3.7    #N/A

  Disposable personal income        -1.8     2.9     2.7     0.7     1.1

  Current-dollar measures:

    GDP                              3.8     3.3     4.1     5.3     4.9

    GDI                              0.3     4.7     3.3     4.6    #N/A

    Average of GDP and GDI           2.1     4.0     3.7     4.9    #N/A

    Final sales of domestic prod     2.7     4.8     4.0     4.5     5.7

    Gross domestic purchases         5.3     3.6     3.6     4.5     6.2

    Final sales to domestic

     purchasers                      4.1     5.0     3.5     3.7     6.9

    Final sales to private domestic

     purchasers                      4.7     5.2     4.0     3.8     7.1

    GNP                              4.7     2.9     3.8     5.8    #N/A

    Disposable personal income       0.1     5.2     3.0     2.2     3.9

       ** MNI Washington Bureau (202) 371-2121 **

[TOPICS: MAUDT$,MAUG1$]