Nondurable Goods Manufacturing Led the Downturn in First Quarter Gross Domestic Product by Industry

A deceleration in nondurable goods manufacturing and downturns in both professional, scientific, and technical services and wholesale trade were the leading contributors to the downturn in U.S. economic growth in the first quarter of 2015. Overall, 15 of 22 industry groups contributed to the downturn in the first quarter.

Real Value added by sector July 23

  • Nondurable goods manufacturing decelerated significantly, increasing 0.2 percent in the first quarter, after a larger increase of 9.7 percent in the fourth quarter of 2014.
  • Professional, scientific, and technical services decreased 0.6 percent, after increasing 6.5 percent.
  • Wholesale trade decreased 3.4 percent, after increasing 4.5 percent.

Real Value Added by Industry July 23

For more information, read the full report.

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