Pandemic-skewed spending in December 2020 didn't change much through June 2021: 2020Q4 and 2021Q2 spending divided by 2019Q4 spending
| Spending by industry | 2020 Q4 spending | 2021 Q2 spending |
|---|---|---|
| Gross domestic product | 0.977373 | 1.008645 |
| Recreational goods and vehicles, pce | 1.220564 | 1.366488 |
| Residential investment | 1.156811 | 1.156811 |
| Information processing equipment, NRFI | 1.154238 | 1.198248 |
| Furnishings and durable household equipment, pce | 1.108108 | 1.225936 |
| Other durable goods, pce | 1.103515 | 1.284666 |
| Motor vehicles and parts, pce | 1.097116 | 1.276465 |
| Other nondurable goods, pce | 1.08006 | 1.137973 |
| Food and beverages purchased for off-premises consumption | 1.063537 | 1.118026 |
| Imports, goods | 1.056589 | 1.095168 |
| Other equipment, NRFI | 1.053476 | 1.081448 |
| Clothing and footwear, pce | 1.040231 | 1.217056 |
| Federal govt | 1.031433 | 1.045223 |
| Intellectual property products, NRFI | 1.025217 | 1.094927 |
| Financial services and insurance, pce | 1.016218 | 1.019979 |
| Industrial equipment, NFRI | 1.012723 | 1.106446 |
| Housing and utilities, pce | 1.009802 | 1.0152 |
| State and local govt | 1 | 1.000149 |
| Health care, pce | 0.956303 | 0.969204 |
| Exports, goods | 0.955456 | 0.9669 |
| Other services, pce | 0.89661 | 0.939785 |
| Gasoline and other energy goods, pce | 0.876524 | 0.960497 |
| Structures, NRFI | 0.800175 | 0.804561 |
| Food services and accommodations, pce | 0.79113 | 0.967002 |
| Imports, services | 0.787386 | 0.834735 |
| Exports, services | 0.779889 | 0.787127 |
| Transportation equipment, NRFI | 0.738238 | 0.835161 |
| Transportation services, pce | 0.705347 | 0.793462 |
| Recreation services, pce | 0.684045 | 0.793022 |
Source: Author’s analysis of Bureau of Economic Analysis (BEA) NIPA Table 1.5.6 Real Gross Domestic Product, Expanded Detail, Chained Dollars.