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HomeMy WebLinkAbout20050857.tiff • LIND, LAWRENCE & OTTENHOFF LLP ATTORNEYS AT LAW THE LAW BUILDING 1011 ELEVENTH AVENUE P.O.8OX 326 - GREELEY,COLORADO 80632 �''--_- .. WEB PAGE:LLOLAW.COM GEORGE H.OTTENHOFF TELEPHONE KENNETH F.LIND (970)353-2323 KIM R.LAWRENCE (970)356-9160 P.ANDREW JONES TELECOPIER RICHARD T.LIPUMA (970)356-1111 KELLY J.CUSTER ken@llolaw.com BRADLEY C.GRASMICK DAVID P.JONES CHRYSTEN S.HINZE November 8, 2005 Weld County Department of Public Health and Environment 1555 North 17th Avenue Greeley, CO 80631 Attention: Cindi Etcheverry Colorado Department of Public Health and Environment Hazardous Materials and Waste Management Division 4300 Cherry Creek Drive South Denver, CO 80246-1530 Attention: Kathleen Wahlberg Re: Tire Recycling, Inc. (f/k/a Tire Mountain, Inc.) Dear Ms. Etcheverry and Ms. Wahlberg: We are in receipt of a copy of a letter dated November 2, 2005 addressed to Dwain Immel and Tire Mountain, Inc. from Weld County Department of Public Health and Environment. First, please note that the corporate name of Tire Mountain, Inc. was changed to Tire Recycling, Inc. and attached as Exhibit "1" is a Certificate of Good Standing as issued by the Secretary of State of the State of Colorado regarding Tire Recycling, Inc. Please further note that Tire Recycling, Inc. is in the process of submitting a Third Amended USR and Certificate of Designation, and the name change will be further reflected in this filing. As to the subject of your November 2, 2005 letter and your claim that Tire Recycling, Inc. is in violation of its financial assurance obligations, I am submitting this letter as an addendum and supplement to bring Tire Recycling, Inc. into "full compliance". However, F:V(FL\TIRE RECYCLING WEALTH DEPARTMENT LTR.wpd 2005-0857 C "dnsen f 00-2,, — / -&S-(75 Weld County Department of Public Health and Environment Colorado Department of Public Health and Environment November 8, 2005 Page 2 I must state that I disagree with your conclusion as the purpose of the financial assurance obligation with the State of Colorado is to provide adequate funds for closure and post- closure. At the present time, Tire Recycling, Inc. has submitted a Irrevocable Standby Letter of Credit to the Colorado Department of Public Health and Environment in the amount of $350,000.00 which is substantially in excess of the required amount to be on deposit. As the sum is substantially in excess of the required amount, there is no violation of the financial assurance requirements. However, I do agree that Tire Recycling, Inc. has failed to provide the State with the inflation increase utilizing the "implicit price deflator of the gross national product" which should be provided on an annual basis. To bring Tire Recycling, Inc. into current and "full compliance"with both the Second Amended Use by Special Review No. 842, the Certificate of Designation and the Solid Waste regulations, we submit the following: 1. Attached as Exhibit "A" is a copy of the engineer prepared closure and post- closure calculations dated August 15, 2003. Exhibit "A" indicates that the calculated cost is$207,842.00 which is the amount approved and referenced by the Colorado Department of Public Health and Environment. 2. Attached as Exhibit "B" is a supplement to the cost calculations as show in Exhibit "A". Exhibit "B" indicates that the sums necessary for closure and post-closure total$225,350.00 as of December 15, 2003. Tire Mountain, Inc. and now, Tire Recycling, Inc. used the December 15, 2003 sum of $225,350.00 as the basis for the financial assurance rather than the lesser sum as provided in the August 15, 2003 calculation. 3. Attached as Exhibit "C" is a copy of the financial assurances provided to the Colorado Department of Public Health and Environment by Tire Mountain, Inc. on October 29, 2003. Please note that the value of the transferred assets totaled $295,000.00 which was $70,000.00 in excess of the required financial assurances. These pledged assets were then released by the Colorado Department of Public Health and Environment on February 17, 2004 when new collateral was submitted to and approved by the Colorado Department of Public Health and Environment. 4. Attached as Exhibit "D" is a copy of an Irrevocable Standby Letter of Credit dated February 17, 2004 in the aggregate amount of $350,000.00. This is the replacement assurance for Exhibit"C", and the February 17, 2005 Letter of Credit was $125,000.00 in excess of the required deposit amount. F:\XFL\TIRE RECYCLING\HEALTH DEPARTMENT LTR.wpd Weld County Department of Public Health and Environment Colorado Department of Public Health and Environment November 8, 2005 Page 3 5. Attached as Exhibit "E" is a letter dated November 8, 2005, prepared by this firm based upon the most current information regarding operations at Tire Recycling, Inc. This Exhibit"E" letter is in the same format as the Exhibit"B" update letter dated December 15, 2003. Based upon the number of filled and open cells, the required financial assurance amount is $247,235.00 not taking into consideration any inflation index. 6. Attached as Exhibit "F" is the NIPA Table Index for Section 1 making reference to Table 1.1.9 which is the Implicit Price Deflator for the Gross Domestic Product. This index is prepared by the U.S. Department of Commerce, Bureau of Economic Analysis. Please note that Gross National Product is a constituent element of Gross Domestic Produce. 7. Attached as Exhibit "G" is a copy of Table 1.1.9 commencing with the first quarter of 2003 and ending with the third quarter of 2005. Line 25 of this table concerns the Gross National Product. The fourth quarter 2003 Gross National Product index (our base quarter and year pursuant to Exhibit "B") has an index of 106.981. The most current Implicit Price Deflator for the Gross National Product is for the ending second quarter of 2005 (June 30, 2005), and it indicates an index of 111.607. The difference between the second quarter 2005 Implicit Price Deflator as compared to the fourth quarter 2003 implicit price deflator is 4.626 (111.607 - 106.981). Accordingly, the required inflation adjustment is 4.626%. 8. Utilizing the November 8, 2005 cost estimate (Exhibit "E") which indicates a financial assurance requirement of $247,235.00( x) the inflation adjustment of 4.626% results in an inflation adjustment and increase of funds in the amount of $11,437.09. Therefore, the required amount of the financial assurance to be provided by Tire Recycling, Inc. in favor of the Colorado Department of Public Health and Environment is $258,672.09 ($247,235.00 + $11,437.09). 9. Attached Exhibit "D", the copy of the Irrevocable Standby Letter of Credit in the amount of $350,000.00 means that Tire Recycling, Inc. has excess financial assurances with the State of Colorado Department of Public Health and Environment in the amount of $91,327.91 ($350,000.00 - $258,672.09). According to my calculations, the excess funds total 35.31% of the required amount. F:U(FL\TIRE RECYCLINGWEALTH DEPARTMENT LTR.wpd Weld County Department of Public Health and Environment Colorado Department of Public Health and Environment November 8, 2005 Page 4 I trust and assume that having a sum of $91,327.91 in excess of the required amount is acceptable to both Weld County as well as the Colorado Department of Public Health and Environment. However, if having the excess sum creates any problems or issues, please notify me and I will make arrangements for Tire Recycling, Inc. to have a new Letter of Credit issued in the lesser required amount of $258,672.09. Very truly yours, LIND, LAW N & NHOFF LLP Ken et . nd KFUcg Enclosure pc: Tire Recycling, Inc. Trevor Jiricek, Director, Weld County Environmental Health Services Sheri Lockman, Weld County Department of Planning Services Lee Morrison, Weld County Attorney Bill Jerke, Chairman, Weld County Commissioner Charles Johnson, Colorado Department of Public Health & Environment Doug lkenberry, Colorado Department of Public Health & Environment Bonita Ault, 12311 Weld County Road 41, Hudson, CO 80642 FAKFL\TIRE RECYCLING\HEALTH DEPARTMENT LTR.wpd - EXHIBIT 1 - OFFICE OF THE SECRETARY OF STATE OF THE STATE OF COLORADO CERTIFICATE I, Ginette Dennis, as the Secretary of State of the State of Colorado, hereby certify that, according to the records of this office, TIRE RECYCLING,INC. is a Corporation formed or registered on 01/15/1985 under the law of Colorado, has complied with all applicable requirements of this office, and is in good standing with this office. This entity has been assigned entity identification number 19871602565 . This certificate reflects facts established or disclosed by documents delivered to this office on paper through 10/25/2005 that have been posted, and by documents delivered to this office electronically through 10/27/2005 @ 15:34:33 . I have affixed hereto the Great Seal of the State of Colorado and duly generated, executed, authenticated, issued, delivered and communicated this official certificate at Denver, Colorado on 10/27/2005 @ 15:34:33 pursuant to and in accordance with applicable law. This certificate is assigned Confirmation Number 6335290 . OF • COL op +„_ Z,1 44a l / 876 Secretary of State of the State of Colorado ************tset***sraee***e*r**s*s*se*W End of Certificate'************Fees******t**,snrr*rt..a**t /gee:A certificate issued electronically from the Colorado Secretary ofState's Web site is fully and immediately valid and effective. However, air an option,the issuance and validity ofa certificate obtained electronically may be established by visiting the Certificate Confirmation Page of the Secreta,y of State's Web site, http://www.sos.state.co.us/biz/CertilicateSearchCriteria.do entering the certificate's confirmation number displayed on the certificate, and following the instructions displayed. Confirmine the issuance of a certificate is merely optional and is not necessary to the valid and effective issuance ofa certificate. For more information,visit our Web site, http'finny sasstate.co.us/click Business Center and select"Frequently Asked Questions." CERT_GS_D Revised 09/22/2005 TIRE MOUNTAIN, INC. Cost Calculation For Dirt Cover At Closure Prepared Aug. 15, 2003 by LaVern C. Nelson, P.E. 1. The area of tire surface to be covered at final closure, assuming all planned and existing tire storage pits are filled to four feet above adjacent ground utilizing a 1:1 slope for tires above the adjacent ground, is as follows: Cell Design Cell Filled Surface Area Number Surface Dimension Dimension Filled (sq.ft.) of Cells Area (sq.ft.) 102' x 250' 105' x 253' 26,565 55 1,461,075 102' x 305' 105' x 308' 32,340 18 582,120 102' x 285' 105' x 288' 30,240 1 30,240 102' x 220' 105' x 223' 23,415 1 23,415 50' x 305' 53' x 308' 16,324 , 1 16.324 76 2,113,174 2. The volume of earth to be moved to cover tire surface with 2 feet of dirt assuming a shrinkage factor of 25% is: 2,113,174 sq.ft. x 2 ft. x 1.25/27cu.ft. per cu.yd. = 195,664 cu.yd. 3. The cover dirt availability for final cover using dirt from the 50-foot wide fire lanes is: The total length of fire lanes upon completion of all cell filling is 38,627 feet. Required end area of fire lane excavation is: 195,664 cu.yd. x 27/38,627 = 136.77 sq.ft. At a 4-foot depth of fire lane excavation,the average width of excavation is: 136.77 sq.ft./4 ft. = 34.19 feet. 34.19 ft. =top width+(top width—16 ft*)/2; then w*=34.19 x 2+16/2= 42.19 ft. *Using 2:1 slope in excavation and w representing top width EXHIBIT "A" -' Thus the dirt available in the built-up fire lanes is totally adequate for final cover. 4. The original design height of fire lanes is seven (7)feet. The top four(4) feet of that 7-foot embankment would be used to provide the desired cover over the stored tires. Based upon the 4-foot depth of cut and the calculated 136.71 sq.ft. end area, the top width (w) of the fire lane excavation, as shown above, is 42.19 feet and the bottom width is 42.19 ft.- 16 ft. =26.19 ft. when cut to the prescribed 2:1 side slopes. A3.9-foot horizontal ledge remains at each side of the excavated fire lane which will be the support or base for the tire cover dirt that is to be placed on the sloped tire pile. 5. The foregoing analysis shows at completion of all tire cells (at an estimated 10 years hence),that among the other detailed calculations, the total earthwork yardage needed to cover all cells with 2 feet of dirt is 195,664 cu. yds. and that there are a total of 76 tire cells planned for that time. Thus the average dirt volume required to cover each tire cell is 195,664 cu.yd./76 cells or 2,574.5 cu.yd. per cell. 6. The cost to move the soil from the adjacent fire lanes onto the stored tires is based upon the estimated cost of a bulldozer at year 2003. That cost is$1.70 per cu. yd. according to the letter quote given to the Colorado Department of Health and Environment by Mountain Constructors dated July 7, 2003. A copy of that letter is attached hereto. Therefore,the estimated average cost for dirt moving to cover each cell is 2,574.5 cu.yd. x$1.70=$4,376.65, say$4,377. There are presently 42 cells filled and 4 in the working stage for a total of 46 cells that would be covered now should closure occur at this time. The total cost for dirt cover and closure of 46 cells at year 2003 is estimated as follows: Dirt Cover 46 cells x$4,377= $201,342 Supervision 3,500 Miscellaneous 3.000 Total Cost $207,842 7. The cost for tire cell cover and supervision and miscellaneous in future years can be adjusted for inflation by using the implicit price deflator or its successor published by the U. S. Department of Commerce, or other mutually agreeable inflation factor. The adjusted cost for dirt cover can be applied to the number of actual cells to be covered. The total cost in future years can-be determined by adding the adjusted cost of supervision and miscellaneous to the calculated dirt cover cost as is appropriate for each succeeding.year. 0 ueu co u- u-l: aa1I s.wasn 1mmes nua-Gao- lSTS r. c - EXHIBIT "B" — Lavern C.Nelson, P.E. 225 Dundee Ave.#12 Greeley, CO. 80634 December 15,2003 Lind,Lawrence,and Ottenhoff LLP Attorneys at law 1011 I1'Ave. Greeley,CO. 80632 Attn: Mr.Kenneth F.Lind,Esquire Re:Tire Mountain,Inc. Financial Assurance Dear Mr.Lind, As of this date,December 15,2003,there are 48 cells filled with tires and 2 open cells in the working stage at the The Mountain,Inc.tire storage and recycling facility in Weld County,CO. Thus there are a total of 50 cells that would be covered now should closure occur at this time. The current Financial Assurance closure cost for the subject site is determined using the results of the analysis of closure cost as shown in my"Cost Calculation for Dirt Cover at Closure", dated August 15,2003,which shows the estimated average cost for dirt moving to cover each cell is$4,377. Asa result,the total cost for din cover and closure of 50 cells at December 15, 2003, is estimated as follows: Dirt Cover 50 cells®$4,377=$218,850 Supervision 3,500 Miscellaneous 3.000 Total Estimated Cost(12-15-03) 3225,350 Respectfully, �lson,Pa. cc:Tire Mountain,Inc. TO/TO 39Ud AdIt7a E0E EI:OT E00L/C /EI ...._._.... EXHIBIT "E" - LIND, LAWRENCE & OTTENHOFF LLP ATTORNEYS AT LAW THE LAW BUILDING 1011 ELEVENTH AVENUE P.O.BOX 326 GREELEY,COLORADO 80632 WEB PAGE:LLOLAW.COM GEORGE H.OTTENHOFF TELEPHONE KENNETH F.LIND (970)353-2323 KIM R.LAWRENCE (970)356-9160 P.ANDREW JONES TELECOPIER RICHARD T.LiPUMA (970)356-1111 KELLY J.CUSTER ken®llolaw.com BRADLEY C.GRASMICK DAVID P.JONES CHRYSTEN S.HINZE November 8, 2005 Tire Recycling, Inc. 12311 WCR 41 Hudson, CO 80642 Attention: Dwain Immel Re: Tire Recycling, Inc. (f/k/a Tire Mountain, Inc.) Financial Assurance Requirements Dear Mr. Immel: As of this date, November 8, 2005,there are 54 cells filled with tires and 1 open cell in the working stage at Tire Recycling, Inc. tire storage and recycling facility in Weld County, Colorado. Thus, there are a total of 55 cells that would be covered should closure occur at this time. The current financial assurance closure cost for the subject site is determined using the results of the analysis of closure cost as shown in a "Cost Calculation for Dirt Cover at Closure"dated August 15, 2003, as prepared by LaVern C. Nelson, P.E. which shows the estimated average cost for dirt moving to cover each cell is $4,377.00. As a result, the total cost for dirt cover and closure of 55 cells on November 8, 2005 is estimated as follows: Dirt Cover 55 cells @ $4,377.00 = $240,735.00 Supervision 3,500.00 Miscellaneous 3.000.00 Total estimated cost (11/8/2005) $247,235.00 Very truly yours, LIN' " �L�& O ff'ENHOFF LLP �II� K F. Lind KFL/cg F:'XFL\TIRE RECYCLING\CLIENT LTR 11 8 2005.wpd U.S. Department of Commerce. Bureau of Economic Analysis Page 1 of 7 :A$!EA National Economic Accounts �, Tools [;About Nationair Methodologies Articles "-`Release Schedule rrIFAQs1 ';Staff Contacts`, Home > National Economic Accounts> Interactive Table Home>Table Selection Help on NIPA Tables Index to NIPA Tables All NIPA Tables 1 - Domestic Prndnct and Income 5 - Saving and Investment 2 - Personal Income and Outlays 6 - Income and Employment by Industry 3 - Government Current Receipts and Exoenditures 7 - Sunolemental Tables 4 - Foreign Transactions 8 - Seasonally Unadjusted Fatimates Data Availability Legend: (A) Annually (Q) Quarterly (M) Monthly Section 1 - Domestic Product and Income lop Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product(A) (Q) Table 1.1.2. Contributions to Percent Change in Real Gross Domestic Product (A) (Q) Table 1.1.3. Real Gross Domestic Product. Quantity Indexes (Al (Q) Table 1.1.4. Price Indexes for Gross Domestic Product(A) (O) Table 1.1.5. Gross Domestic Product(A) (O) Table 1.1.6. Real Gross Domestic Product, Chained Dollars (A) (Q) Table 1.1.6A. Real Gross Domestic Product. Chained (1937) Dollars (A) Table 1 1 6B Real Gross Domestic Product Chained (1952) Dollars (Al (O) Table 1.1.6C. Real Gross Domestic Product. Chained (1972) Dollars (A) (Q) Table 1.1.6D. Real Gross Domestic Product, Chained (1982) Dollars(A) (Q) Table 1.1.7. Percent Change From Preceding Period in Prices for Gross Domestic Product (A) (Q) Table 1 8 Contributions to Percent Change in the Gross Domestic Product Price Ind x (A) (O) Table 1.1.9. Implicit Price Deflators for Gross Domestic Product (A) (Q) Table 1.1.10. Percentage Shares of Gross Domestic Product (A) (O) Table 1.2.1. Percent Change From Preceding Period in Real Gross Domestic Product by Maior Type of Product ( ) (O Table 1.2.2. Contributions to Percent Change in Real Gross Domestic Product by M-jor Type of Product (A) (Q) Table 1.2.3. Real Gross Domestic Product by Major Type of Product. Quantity Indexes (A) (O1 Table 1.2,4. Price Indexes for Gross Domestic Product by Maior Tvoe of Product (A) (Q) Table 1.2.5. Gross Domestic Product by Major Type of Product (A) (Q) Table 1.2.6. Real Gross Domestic Product by M-jor Type of Product. Chained Dollars (A) (Q) Table 1.3.1. Percent Change From Preceding Period in Real Gross Value Added by Sector (A) (Q) Table 1.3.3. Real Gross Value Added by Sector, Quantity Indexes (A) (Q) Table 1.3.4. Price Indexes for Gross Value Added by Sector(A) (O) Table 1.3.5. Gross Value Added by SectoL(A) (Q) Table 1.3.6. Real Gross Value Added by Sector, Chained Dollars (A) (O) Table 1.4.1. Percent Change From Preceding Period in Real Gross Domestic Product, Real Gross Domestic Purchases to Domestic Purchasers (A) (O) Table 1.4.3. Real Gross Domestic Product. Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchac (A) (Q) Table 1,4.4. Price Indexes for Gross Domestic Product. Gross Domestic Purchases, and Final Sales to Domestic Purct Table 1.4,5. Relation of Gross Domestic Product. Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.4.6. Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Dome: Chained Dollars (A) (Q) Table 1.5.1. Percent Change From Preceding Period in Real Gross Domestic Product. Expanded Detail (A) (O) Table L5.2. Contributions to Percent Change in Real Gross Domestic Product. Expanded Detail (A) (Q) EXHIBIT "F" — httn•//tinny has onv/hea/An/ninawrth/SelectTahle.asn9Seleeted=N 11/8/2005 ilepartment of Commerce. Bureau of Economic Analysis Page 1 of 3 Bureau of Economic Analysis National Income and Product Accounts Table Table 1.1.9. Implicit Price Deflators for Gross Domestic Product [Index numbers,2000=100] Seasonally adjusted Today is: 11/8/2005 Last Revised on October 28, 2005 Next Release Date November 30, 2005 Line 2003 2003 2003 2003 I II III IV 1 Gross domestic product 105.705 106.004 106.498 106.983 2 Personal consumption expenditures 105.047 105.216 105.729 106.071 3 Durable goods 93.940 92.918 91.871 90.900 4 Nondurable goods 104.177 103.558 104.352 104.504 5 Services 108.031 108.881 109.641 110.407 6 Gross private domestic investment 102.855 102.764 103.269 104.151 7 Fixed investment 103.063 102.921 103.355 104.336 8 Nonresidential 99.674 99.432 99.727 100.204 9 Structures 113.110 113.180 113.979 115.261 10 Equipment and software 95.248 94.914 95.061 95.305 11 Residential 111.386 111.467 112.216 114.283 12 Change in private inventories 13 Net exports of goods and services --- --- --- --- 14 Exports 100.899 101.154 101.387 102.100 15 Goods 100.155 100.557 100.388 101.398 16 Services 102.696 102.607 103.772 103.803 17 Imports 100.068 98.940 99.580 99.846 18 Goods 99.015 97.320 97.919 98.025 19 Services 105.578 107.507 108.363 109.475 20 Government consumption expenditures and 109.025 109.024 109.694 110.085 gross investment 21 Federal 109.229 109.572 109.897 110.238 22 National defense 109.920 110.217 110.567 110.994 23 Nondefense 107.968 108.396 108.675 108.851 24 State and local 108.908 108.714 109.582 110.004 Addendum: 25 Gross national product 105.695 105.997 106.493 106.981 EXHIBIT "G" http://www.bea.gov/bea/dn/nipaweb/TablePrint.asp 11/8/2005 U.S.. Department of Commerce. Bureau of Economic Analysis Page 2 of 3 Bureau of Economic Analysis National Income and Product Accounts Table Table 1.1.9. Implicit Price Deflators for Gross Domestic Product [Index numbers,2000=100] Seasonally adjusted Today is: 11/8/2005 Last Revised on October 28, 2005 Next Release Date November 30, 2005 Line 2004 2004 2004 2004 I II III IV 1 Gross domestic product 107.958 108.987 109.343 110.077 2 Personal consumption expenditures 107.077 108.081 108.476 109.318 3 Durable goods 90.911 90.872 90.310 90.446 4 Nondurable goods 106.022 107.734 107.769 108.970 5 Services 111.395 112.296 113.112 113.947 6 Gross private domestic investment 105.155 106.367 106.968 107.544 7 Fixed investment 105.241 106.423 107.221 107.802 8 Nonresidential 100.493 100.947 101.173 101.443 9 Structures 117.256 119.206 121.133 122.799 10 Equipment and software 95.125 95.173 94.950 94.859 11 Residential 116.517 119.252 121.269 122.530 12 Change in private inventories 13 Net exports of goods and services --- --- --- --- 14 Exports 103.568 104.787 105.224 106.348 15 Goods 103.014 104.345 104.612 105.593 16 Services 104.923 105.876 106.715 108.177 17 Imports 102.146 103.769 105.218 106.969 18 Goods 100.380 102.291 103.635 105.378 19 Services 111.480 111.550 113.562 115.358 20 Government consumption expenditures and 111.750 113.109 113.997 115.142 gross investment 21 Federal 112.819 114.186 114.818 115.568 22 National defense 113.084 114.633 115.419 116.188 23 Nondefense 112.400 113.406 113.729 114.442 24 State and local 111.137 112.492 113.530 114.907 Addendum: 25 Gross national product 107.957 108.980 109.334 110.064 httn•//www hen onv/heaMn/ninaweh/TnhlePrint act) 11/R/9005 U.S. Department of Commerce. Bureau of Economic Analysis Page 3 of 3 Bureau of Economic Analysis National Income and Product Accounts Table Table 1.1.9. Implicit Price Deflators for Gross Domestic Product [Index numbers,2000=100] Seasonally adjusted Today is: 11/8/2005 Last Revised on October 28, 2005 Next Release Date November 30, 2005 Line 2005 2005 2005 I II III 1 Gross domestic product 110.905 111.622 112.476 2 Personal consumption expenditures 109.927 110.824 111.833 3 Durable goods 90.646 90.524 89.828 4 Nondurable goods • 109.315 110.842 112.975 5 Services 114.795 115.625 116.492 6 Gross private domestic investment 108.182 108.987 109.659 7 Fixed investment 108.493 109.224 110.007 8 Nonresidential 102.231 102.702 103.256 9 Structures 125.847 128.857 133.225 10 Equipment and software 95.072 94.915 94.546 11 Residential 123.019 124.315 125.593 12 Change in private inventories --- --- --- 13 Net exports of goods and services 14 Exports 107.540 108.515 109.479 15 Goods 106.757 107.527 108.008 16 Services 109.433 110.887 113.011 17 Imports 107.727 109.868 112.346 18 Goods 105.875 108.409 111.030 19 Services 117.560 117.505 119.174 20 Government consumption expenditures and 116.740 117.814 119.640 gross investment 21 Federal 117.542 118.161 119.061 22 National defense 118.050 118.459 119.527 • 23 Nondefense 116.643 117.676 118.240 24 State and local 116.285 117.628 120.006 Addendum: 25 Gross national product 110.890 111.607 --- httn://www.bea.eov/bea/dn/ninaweb/TablePrint.asn 11/8/2005 Hello