In the fourth quarter of 2023, private service-producing industries added a value of 20.01 trillion U.S. dollars to the Gross Domestic Product (GDP) of the United States. This was an increase from the previous quarter, when the added value was 19.77 trillion U.S. dollars.
Quarterly value added to the Gross Domestic Product (GDP) of the United States by private services-producing industries from Q3 2018 to Q4 2023
(in trillion U.S. dollars)
Characteristic
Value added in trillion U.S. dollars
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According to the Bureau of Economic Analysis (BEA), service-producing industries consist of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
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BEA. (March 8, 2024). Quarterly value added to the Gross Domestic Product (GDP) of the United States by private services-producing industries from Q3 2018 to Q4 2023 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1233986/us-service-producing-industries-quarterly-value-added-gdp/
BEA. "Quarterly value added to the Gross Domestic Product (GDP) of the United States by private services-producing industries from Q3 2018 to Q4 2023 (in trillion U.S. dollars)." Chart. March 8, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1233986/us-service-producing-industries-quarterly-value-added-gdp/
BEA. (2024). Quarterly value added to the Gross Domestic Product (GDP) of the United States by private services-producing industries from Q3 2018 to Q4 2023 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1233986/us-service-producing-industries-quarterly-value-added-gdp/
BEA. "Quarterly Value Added to The Gross Domestic Product (Gdp) of The United States by Private Services-producing Industries from Q3 2018 to Q4 2023 (in Trillion U.S. Dollars)." Statista, Statista Inc., 8 Mar 2024, https://www.statista.com/statistics/1233986/us-service-producing-industries-quarterly-value-added-gdp/
BEA, Quarterly value added to the Gross Domestic Product (GDP) of the United States by private services-producing industries from Q3 2018 to Q4 2023 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1233986/us-service-producing-industries-quarterly-value-added-gdp/ (last visited July 22, 2024)
Quarterly value added to the Gross Domestic Product (GDP) of the United States by private services-producing industries from Q3 2018 to Q4 2023 (in trillion U.S. dollars) [Graph], BEA, March 8, 2024. [Online]. Available: https://www.statista.com/statistics/1233986/us-service-producing-industries-quarterly-value-added-gdp/
