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SURVEY OF CURRENT BUSINESS

12

April 1983

National Income and Product Accounts Tables
New estimates in this issue: Fourth quarter and annual 1982, revised.
The abbreviations used in the tables are:
CCAdj Capital consumption adjustment
IVA
Inventory valuation adjustment
NIPA's National income and product accounts
p
Preliminary
r
Revised
The NIPA estimates for 1929-76 are in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables (Stock
No. 003-010-00101-1, price $10.00). Estimates for 1977-81 and corrections for earlier years are in the July 1982 SURVEY. These publications are
available from the Superintendent of Documents and Commerce Department District Offices; see addresses inside front cover.
Table 1.1-1.2.—Gross National Product in Current and Constant Dollars
Billions of 1972 dollars

Billions of dollars

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1981

1982

IV

I

II

III

IV

1981

1982

I

IV
1,502.6 1,476.9

1982

1981

P

2,937.7 3,059.3 3,003.2 2,995.5 3,045.2 3,088.2 3,108.2 3,176.7

Gross national product

II

1983

III

IV

P

1,490.1 1,470.7 1,478.4 1,481.1 1,477.2 1,488.5

1,843.2 1,971.1 1,884.5 1,919.4 1,947.8 1,986.3 2,030.8 2,054.0

Personal consumption expenditures
Durable goods
Nondurable goods
Services

1983

1982

1981

947.6

956.9

943.4

949.1

955.0

956.3

967.0

972.4

140.0
362.4
445.2

138.8
365.0
453.1

134.1
363.1
446.2

137.5
362.2
449.5

138.3
364.5
452.2

136.4
365.9
454.0

142.8
367.6
456.6

144.5
369.8
458.1

Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm

229.6
746.5
908.3

237.9
749.1
932.4

240.7
755.0
952.1

256.4
251.8
240.3
776.4
775.7
768.4
977.6 1,003.3 1,021.2

471.5

....

242.7
762.1
966.3
420.3

468.9

414.8

431.5

443.3

391.5

430.6

225.8

196.9

218.9

195.4

202.3

206.3

183.5

199.5

451.1
346.1
129.7
216.4
104.9
99.7
2.1
3.2
20.5
15.0
5.5

»

444.1
348.0
141.5
206.5
96.2
90.5
2.5
3.2
-23.8
-24.3
.5

455.7
360.2
139.6
220.6
95.5
89.4
2.9
3.2
13.2
6.0
7.2

450.4
357.0
141.4
215.6
93.4
87.9
2.4
3.1
-35.6
-36.0
.4

447.7
352.2
143.6
208.6
95.5
89.6
2.8
3.2
16.2
-15.0
-1.2

438.6
344.2
141.3
203.0
94.3
88.7
2.4
3.2
4.7
3.7
1.0

439.9
338.4
139.6
198.8
101.4
95.7
2.5
3.2
48.3
-50.0
1.7

459.1
339.3
140.4
198.9
119.9
114.0
2.5
3.3
-28.5
-26.6
-1.9

216.9
172.0
51.6
120.4
44.9
42.1
.9
2.0
9.0
6.8
2.1

206.1
165.7
53.1
121.4
40.3
37.4
1.0
1.9
-9.2
-9.4
.2

214.1
174.2
53.3
120.9
39.9
36.7
1.2
2.0
4.8
1.6
3.2

210.8
172.0
53.5
118.5
38.9
36.0
1.0
1.9
-15.4
-15.6
.2

206.7
166.7
53.7
113.0
40.1
37.0
1.1
1.9
-4.4
3.8
-.6

202.9
163.4
53.0
110.4
39.5
36.6
1.0
1.9
3.4
2.9
.5

203.8
160.9
52.3
108.6
42.9
40.0
1.0
1.9
-20.3
-21.1
.8

211.9
162.0
53.0
109.0
49.9
47.0
1.0
2.0
-12.4
-11.4
-1.0

234.6
734.5
874.1

26.1

Government purchases of goods and services
Federal
National defense
Nondefense
State and local

. ...

23.5

31.3

34.9

6.9

9.1

16.6

42.0

31.8

36.5

36.9

35.7

27.5

27.2

24.0

350.8
330.3

367.9
344.4

359.9
328.6

365.8
330.9

349.5
342.5

328.1
319.1

330.2
313.6

158.5
116.4

148.1
116.3

156.9
120.4

151.7
114.7

154.4
118.7

147.5
120.0

138.8
111.6

138.5
114.5

596.9

Exports
Imports

20.5

367.3
341.3

Net exports of goods and services

647.4

626.3

630.1

630.9

651.7

676.8

675.5

287.1

291.3

291.3

289.2

285.3

291.1

299.5

292.6

228.9
153.7
75.2
368.0

257.9
178.6
79.3
389.4

250.5
166.9
83.6
375.7

249.7
166.2
83.5
380.4

244.3
176.2
68.2
386.6

259.0
182.7
76.3
392.7

278.7
189.3
89.4
398.0

271.9
191.6
80.3
403.6

110.4
73.5
36.8
176.7

116.4
78.6
37.8
174.9

116.0
76.1
39.9
175.3

114.4
74.5
39.8
174.9

110.3
78.2
32.1
175.0

116.2
80.6
35.5
174.9

124.7
81.0
43.7
174.8

117.5
81.1
36.4
175.1

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Billions of 1972 dollars

Billions of dollars

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1981

1982

1981

IV

Goods

I

II

III

IV

1981

1982

IP

IV

1983

1982

1981

I

II

III

IV

IP

2,937.7 3,059.3 3,003.2 2,995.5 3,045.2 3,088.2 3,108.2 3,176.7

Gross national product
Final sales
Change in business inventories

1983

1982

. .

1,502.6 1,476.9 1,490.1 1,470.7 1,478.4 1,481.1 1,477.2 1,488.5

2,917.3 3,083.1 2,989.9 3,031.1 3,061.4 3,083.5 3,156.5 3,205.2
-16.2
4.7 -48.3
-28.5
13.2 -35.6
20.5 -23.8

1,493.7 1,486.0 1,485.3 1,486.1
-9.2
4.8 -15.4
9.0

1,482.7 1,477.8 1,497.5 1,500.9
44
3.4
203 -12.4

1,289.2 1,280.4 1,298.4 1,269.4 1,283.1 1,295.5 1,273.5 1,302.3

689.5

661.3

678.0

661.8

663.2

665.1

655.3

660.2

1,268.7 1,304.2 1,285.2 1,305.0 1,299.3 1,290.7 1,321.8
-16.2
4.7 -48.3
13.2 -35.6
20.5 -23.8

1,330.8
-28.5

680.5
9.0

670.5
-9.2

673.2
4.8

677.2
154

667.5
44

661.7
3.4

675.6
-20.3

672.6
-12.4

482.4
513.2
-30.9
787.0
791.8
-4.8

486.2
515.3
-29.1
816.1
815.5
.6

293.1
289.3
3.8
391.2
391.2
5.1

266.1
274.0
-7.9
395.3
396.5
-1.3

275.1
277.6
-2.5
402.9
395.6
7.3

265.0
278.7
-13.7
396.8
398.5
17

272.3
274.9
-2.6
390.9
392.6
-1.7

274.0
269.2
4.8
391.1
392.5
-1.5

253.0
273.1
201
402.3
402.5
-.2

261.0
272.9
11 9
399.2
399.7
-.5

Services
Structures.

1,364.3 1,494.4 1,421.5 1,444.4 1,476.7 1,509.5 1,547.0 1,567.3
285.3
284.2
284.5
281.7
283.2
287.7
307.1
283.3

695.6
117.6

702.4
113.1

698.6
113.4

697.0
111.9

702.2
113.0

703.6
112.5

707.0
114.9

705.7
122.7

Addenda:
Gross domestic purchases 1
Final sales to domestic purchasers *

2,911.7 3,038.8 2,979.7 2,964.2 3,010.3 3,081.3 3,099.2 3,160.1
2,891.2 3,062.6 2,966.5 2,999.8 3,026.5 3,076.6 3,147.5 3,188.6

Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

528.1
519.4
8.7
761.1
749.4
11.7

493.3
512.2
-18.9
787.1
792.0
-4.9

504.9
510.5
-5.6
793.6
774.7
18.9

505.9
512.6
-6.6
777.2
786.7
-9.6

516.9
506.8
10.1
778.6
783.9
-5.4

467.9
516.2
-48.3
805.7
805.6
0

1,460.6 1,445.0 1,453.6 1,433.8 1,442.6 1,453.7 1,449.9 1,464.5
1,451.6 1,454.2 1,448.8 1,449.2 1,447.0 1,450.3 1,470.2 1,476.9

1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102