Pandemic led to sharp sectoral swings in demand: Change in share of GDP accounted for by durable goods and residential investment, 1980–2022
| Change in share of GDP | |
|---|---|
| 1980Q1 | -0.55 |
| 1980Q2 | -1 |
| 1980Q3 | -0.725 |
| 1980Q4 | -1 |
| 1981Q1 | -1 |
| 1981Q2 | -1.175 |
| 1981Q3 | -1.225 |
| 1981Q4 | -1.475 |
| 1982Q1 | -0.95 |
| 1982Q2 | -1.325 |
| 1982Q3 | -1.3 |
| 1982Q4 | -1.1 |
| 1983Q1 | -1.575 |
| 1983Q2 | -1.225 |
| 1983Q3 | -1.1 |
| 1983Q4 | -1 |
| 1984Q1 | -1.075 |
| 1984Q2 | -0.9 |
| 1984Q3 | -1.025 |
| 1984Q4 | -0.775 |
| 1985Q1 | -0.625 |
| 1985Q2 | -0.575 |
| 1985Q3 | -0.6 |
| 1985Q4 | -0.8 |
| 1986Q1 | -0.85 |
| 1986Q2 | -0.975 |
| 1986Q3 | -0.4 |
| 1986Q4 | -0.6 |
| 1987Q1 | -0.9 |
| 1987Q2 | -0.5 |
| 1987Q3 | -0.15 |
| 1987Q4 | -0.75 |
| 1988Q1 | -0.375 |
| 1988Q2 | -0.725 |
| 1988Q3 | -0.775 |
| 1988Q4 | -0.725 |
| 1989Q1 | -0.85 |
| 1989Q2 | -0.775 |
| 1989Q3 | -0.825 |
| 1989Q4 | -0.875 |
| 1990Q1 | -0.7 |
| 1990Q2 | -1.15 |
| 1990Q3 | -0.975 |
| 1990Q4 | -0.875 |
| 1991Q1 | -1.15 |
| 1991Q2 | -1.05 |
| 1991Q3 | -1.225 |
| 1991Q4 | -1.475 |
| 1992Q1 | -1.225 |
| 1992Q2 | -1.4 |
| 1992Q3 | -1.25 |
| 1992Q4 | -1.4 |
| 1993Q1 | -1.4 |
| 1993Q2 | -1.1 |
| 1993Q3 | -1.05 |
| 1993Q4 | -0.85 |
| 1994Q1 | -0.75 |
| 1994Q2 | -0.7 |
| 1994Q3 | -0.325 |
| 1994Q4 | -0.1 |
| 1995Q1 | -0.25 |
| 1995Q2 | -0.175 |
| 1995Q3 | -0.175 |
| 1995Q4 | -0.2 |
| 1996Q1 | -0.125 |
| 1996Q2 | -0.125 |
| 1996Q3 | -0.25 |
| 1996Q4 | -0.3 |
| 1997Q1 | -0.275 |
| 1997Q2 | -0.775 |
| 1997Q3 | -0.7 |
| 1997Q4 | -0.65 |
| 1998Q1 | -0.925 |
| 1998Q2 | -0.575 |
| 1998Q3 | -0.575 |
| 1998Q4 | -0.275 |
| 1999Q1 | -0.375 |
| 1999Q2 | 0.15 |
| 1999Q3 | 0.15 |
| 1999Q4 | 0.175 |
| 2000Q1 | 0.525 |
| 2000Q2 | 0.325 |
| 2000Q3 | 0.525 |
| 2000Q4 | 0.7 |
| 2001Q1 | 0.675 |
| 2001Q2 | 0.5 |
| 2001Q3 | 0.45 |
| 2001Q4 | 0.75 |
| 2002Q1 | 0.3 |
| 2002Q2 | 0.125 |
| 2002Q3 | 0.025 |
| 2002Q4 | -0.25 |
| 2003Q1 | -0.125 |
| 2003Q2 | -0.225 |
| 2003Q3 | -0.025 |
| 2003Q4 | -0.175 |
| 2004Q1 | -0.05 |
| 2004Q2 | -0.1 |
| 2004Q3 | -0.25 |
| 2004Q4 | -0.025 |
| 2005Q1 | -0.35 |
| 2005Q2 | -0.175 |
| 2005Q3 | 0.125 |
| 2005Q4 | -0.175 |
| 2006Q1 | -0.25 |
| 2006Q2 | -0.275 |
| 2006Q3 | -0.175 |
| 2006Q4 | -0.575 |
| 2007Q1 | -0.475 |
| 2007Q2 | -0.5 |
| 2007Q3 | -0.525 |
| 2007Q4 | -0.35 |
| 2008Q1 | -0.55 |
| 2008Q2 | -0.525 |
| 2008Q3 | -0.575 |
| 2008Q4 | -1.975 |
| 2009Q1 | -1.925 |
| 2009Q2 | -1.75 |
| 2009Q3 | -1.05 |
| 2009Q4 | -1.3 |
| 2010Q1 | -1.225 |
| 2010Q2 | -1.225 |
| 2010Q3 | -1.35 |
| 2010Q4 | -1 |
| 2011Q1 | -0.6 |
| 2011Q2 | -0.575 |
| 2011Q3 | -0.175 |
| 2011Q4 | 0.075 |
| 2012Q1 | 0.525 |
| 2012Q2 | 0.4 |
| 2012Q3 | 0.3 |
| 2012Q4 | 0.3 |
| 2013Q1 | 0.25 |
| 2013Q2 | 0.175 |
| 2013Q3 | -0.05 |
| 2013Q4 | -0.175 |
| 2014Q1 | -0.225 |
| 2014Q2 | -0.4 |
| 2014Q3 | -0.575 |
| 2014Q4 | -0.775 |
| 2015Q1 | -1 |
| 2015Q2 | -0.825 |
| 2015Q3 | -0.8 |
| 2015Q4 | -0.85 |
| 2016Q1 | -1.025 |
| 2016Q2 | -0.85 |
| 2016Q3 | -0.85 |
| 2016Q4 | -0.775 |
| 2017Q1 | -0.65 |
| 2017Q2 | -0.75 |
| 2017Q3 | -0.7 |
| 2017Q4 | -0.35 |
| 2018Q1 | -0.425 |
| 2018Q2 | -0.325 |
| 2018Q3 | -0.45 |
| 2018Q4 | -0.4 |
| 2019Q1 | -0.55 |
| 2019Q2 | -0.475 |
| 2019Q3 | -0.425 |
| 2019Q4 | -0.45 |
| 2020Q1 | -0.325 |
| 2020Q2 | 0.875 |
| 2020Q3 | 1.525 |
| 2020Q4 | 1.25 |
| 2021Q1 | 2.25 |
| 2021Q2 | 2.7 |
| 2021Q3 | 2.2 |
| 2021Q4 | 2.2 |
| 2022Q1 | 2.6 |
| 2022Q2 | 2.55 |
| 2022Q3 | 2.4 |
Note: The average annual share of GDP accounted for by durable goods consumption and residential investment lagged 30 months is subtracted from the current quarter.
Source: Bureau of Economic Analysis (BEA) National Income and Product Accounts (NIPA).