1 What is the value of private consumption spending include

1. What is the value of private consumption spending (include non-profit institutions serving households\\\' final consumption expenditure) in millions of dollars?

2. What is the value of private investment spending (include non-profit institutions serving households\\\' gross fixed capital formation) in millions of dollars?

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Time Period Q2 2015 Final consumption expenditure 1553580 1109616 483144 138456 79036 265652 626472 27524 416440 469656 390816 143392 213712 132452 81260 33712 2760 76080 4620 4480 6636 -2156 625608 523624 101984 673500 546676 126824 -244 1979720 2023236 oHousehold final consumption expenditure ·Goods aDurable goods aSemi-durable goods eNon-durable goods Services oNon-profit institutions serving households\' final consumption expenditur General governments final consumption expenditure Gross fixed capital formation Business gross fixed capital formation oResidential structures Non-residential structures, machinery and equipment Non-residential structures ·Machinery and equipment Intellectual property products Non-profit institutions serving households\' gross fixed capital formation General governments gross fixed capital formation ·Investment in inventories oOf which: business investment in inventories Non-farm Farm Exports of goods and services Exports of goods Exports of services Less: imports of goods and services lmports of goods Imports of services Statistical discrepancy Gross domestic product at market prices Final domestic demand

Solution

1.    Private consumption spending = Household final consumption expenditure on Goods and services+ Non-profit serving households final consumption expenditure = 483144+ 626472+27524 = 1137140

2.    Private investment spending = Gross fixed capital formation + Business gross fixed capital formation + Residential structures+ Non-residential structures+ Intellectual property products+ Non-profit institutions fixed capital formation+ Investment in inventories = 469656+390816+143392+213712+33712+2760+4620 = 1258668