View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

SURVEY OF CURRENT BUSINESS

10

September 1980

NATIONAL INCOME AND PRODUCT TABLES
1978

1979

I

II

1979

1980

1979

III

IV

I

Ilr

1978

1979

Seasonally adjusted at annual rates

I

II

1980

III

IV

I

Ilr

Seasonally adjusted at annual rates
Billions of 1972 dollars

Billions of current dollars

Table 1.—-Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product
Personal consumption expenditures.
Durable goods
Nondurable goods__
Services

2,127.6 2,368.8 2,292.1 2,329.8 2,396.5 2,456.9 2,520.8 2,521.3 1,399.2 1,431.6 1,430.6 1,422.3 1,433.3 1,440.3 1,444.7 1,408.6
915.0
924.5
935.4
936.5 910.8
925.9
900.8
921.8
1,350.8 1,509.8 1,454.2 1,475.9 1,528.6 1,580.4 1,629.5 1,626.6
200.3
530.6
619.8

213.0
596.9
699.8

213.8
571.1
669.3

208.7
581.2
686.0

213.4
604.7
710.6

216.2
630.7
733.5

220.2
652.0
757.3

195. 7
654.1
776.9

146.7
343.3
410.8

147.1
349.1
428.3

150.2
348.1
423.5

144.8
344.1
426.1

146.9
349.2
429.9

146.7
355.1
433.6

145.4
354.1
437.0

127.4
347.8
435.6

351.5

387.2

373.8

395.4

392.3

387.2

387.7

368.5

214.3

215.2

217.2

221.7

214.2

207.7

203.2

188.6

329.1

369.0

354.6

361.9

377.8

381.7

383.0

357.1

200.2

205.5

204.9

203.5

207.1

206.3

202.9

186.0

Nonresidential
Structures
Producers' durable equipment..

221.1
76.5
144.6

254.9
92.6
162.2

243.4
84.9
158.5

249.1
90.5
158.6

261.8
95.0
166.7

265.2
100.2
165.1

272.6
103.3
169.4

268.2
103.7
164.5

140.1
43.9
96.2

148.8
48.1
100.7

147.2
45.8
101.3

146.9
47.9
99.0

150.7
48.7
101.9

150.5
50.1
100.4

151.2
50.3
100.9

145.3
49.1
96.3

Residential
Nonfarm structures
Farm structures
Producers' durable equipment.

108.0
104.4
1.8
1.9

114.1
110.2
1.9
2.0

111.2
107.8
1.5
1.9

112.9
109.1
1.8
2.0

116.0
112.0
2.0
2.0

116.4
112.1
2.3
2.1

110.4
105.9
2.3
2.2

88.9
85.3
1.8
1.9

60.1
57.7
1.0
1.4

56.7
54.3
.9
1.4

57.7
55.6
.8
1.4

56.7
54.4
.9
1.4

56.5
54.0
1.0
1.4

55.8
53.2
1.1
1.5

51.7
49.1
1.1
1.5

40.7
38.6
.8
1.3

22.3
21.3
1.1

18.2
16.5
1.7

19.1
18.8
.3

33.4
32.6
.8

14.5
12.6
1.9

5.6
2.1
3.5

4.7
4.4
.3

11.4
12.3
-.9

14.1
13.7
.3

9.7
8.9
.9

12.3
12.1
.2

18.1
17.7
.4

7.1
6.1
1.0

1.4
-.4
1.8

.3
.2
.2

2.6
3.1
-.5

Gross private domestic investment..
Fixed investment

Change in business inventories.
Nonfarm
Farm

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

-4.6

4.0

-8.1

-2.3

-11.9

-13.6

-2.2

11.0

17.6

17.0

13.2

20.1

20.1

25.0

28.3

257.5
262.1

238.5
234.4

243.7
251.9

267.3
269.5

280.4
292.4

308.1
321.7

307.0
309.2

108.9
97.9

119.9
102.3

117.0
100.0

116.0
102.9

122.2
102.1

124.3
104.1

131.7
106.7

128.3
99.9

435.6

476.4

460.1

466.6

477.8

501.2

517.2

528.3

273.2

274.3

274.7

272.4

273.1

277.1

280.0

280.9

152.6
99.0
53.6
283.0

Exports .
Imports.

-10.3
207.2
217.5

Net exports of goods and services...

166.6
108.3
58.4
309.8

163.6
103.4
60.2
296.5

161.7
106.0
55.7
304.9

162.9
109.0
53.9
314.9

178.4
114.6
63.8
322.8

186.2
119.6
66.6
331.0

193.3
124.1
69.2
335.0

98.6

99.4

101.1

98.1

97.4

101.1

104.3

106.7

174.6

174.9

173.6

174.3

175.6

176.0

175.7

174.3

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
2,127.6 2,368.8 2,292.1 2,329.8 2,396.5 2,456.9 2,520.8 2,521.3 1,399.2 1,431.6 1,430.6 1,422.3 1,433.3 1,440.3 1,444.7 1,408.6

Gross national product.
Final sales
Change in business inventories.
Goods..
Final sales
___
Change in business inventories.
Durable goods
Final sales
Change in business inventories.
Nondurable goods
Final sales
Change in business inventoriesServices
Structures..

2,105. 2 2,350.6 2,272.9 2,296.4 2, 381.9 2,451.4 2,516.1
22.3
33.4
18.2
19.1
14.5
5.6
4.7
930.0 1,030.5 1,011.8 1,018.1 1,036.0 1,056.3
1,086.2
907.7 1,012.4
1,021.5 1,050.7
992.7
22.3
18.2
19.1
33.4
14.5
5.6 1,081. 5
4.7
420.2
424.4
380.4
425.5
422.4
423.1
421.5
366.5
398.0
418.4
407.1
417.1
410.2
430.8
24.3
13.9
18.4
13.0
1.8
7.3
-9.3
586.2
549.6
664.8
636.1
611.6
607.4
595.7
650.7
541.2
585.5
604.4
602.2
586.6
632.3
14.0
7.2
5.2
9.1
.7
3.8
969.3 1,085.1 1,041.4 1,064.2 1,100.6 1,134.0 1,169.5
265.1
228.2
238.9
247.5
259.8
266.6
253.2

2,509. 9 1,385.1 1,421.9 1,418.4 1,404.1 1,426.2 1,439.0 1,444.4 1,406.0
.3
18.1
1.4
7.1
2.6
11.4
14.1
9.7
12.3
1,079.2

639.5

653.1

658.6

647.3

651.3

655.1

659.7

636.9

1,067.8
11.4

625.4
14.1

646.3
12.3

629.1
18.1

644.2
7.1

653.7
1.4

659.4

634.3
2.6

414.7
408.6
6.1

270.0
261.4

643.4
9.7
278.3
271.3
7.0

286.0
275.2
10.8

278.3
265.1
13.2

276.6
272.9
3.7

272.4
272.0
.4

271.0
274.6
-3.6

254.9
252.8
2.1

664.5
659.2
5.3

369.4
364.0
5.5

374.8
372.1
2.7

372.6
371.2
1.4

369.0
364.1
4.9

374.7
371.3
3.4

382.7
381.7
1.0

384.8
3.9

381.9
381.5
.5

1,199.9
242.2

630.3
129.5

649.7
128.8

645.2
126.8

647.3
127.7

652.0
130.0

654.4
130.8

658.1
126.9

658.7
113.1

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national productGross domestic product
Business
Nonfarm
Nonfarm less housingHousing
Farm
Statistical discrepancy
Residual i
Households and institutions.
Government
Federal
State and local.
Rest of the world.
r

1,440.3 1,444.7 1,408.6
2,127.6 2,368.8 2,292.1 2,329.8 2,396.5 2,456.9 2.520.8 2,521.3 1,399.2 1,431.6 1,430.6 1,422.3 1,43;
2,107.0 2,343.5 2,267.9 2.306.1 2,369.5 2,430.6 2,492.0 2,491.3 1,391.1 1,423.8 1,421.7 1,414.2 1,425.3 1,433.8 1,438.7 1,402.3
1, 807.8 2,017.9 1,951.4 1,984.5 2,042.0 2,093.6 2,147.5 2,139.8 1,197.5 1,228.3 1,226.9 1, 219.0 1,229.3 1, 237.9 1,242. 0 1, 204.5
1, 745.0 1,944.0 1,880.8 1.915.2 1, 964.8 2,015.2 2.068.9 2,071.3 1,160.0 1,191. 2 1,193.1 1,184.7 1,189. 4 1,197.8 1,199. , 165.9
1, 579.2 1, 755. 6 1, 702.3 1,731.0 1,773.4 1,815.8 1,862.9 1,858.1 l,03<
1,063.8 1,068.6 1,058.2 1,061.0 1,067. 4 1,067. , 031.7
132.3 134.3
206.1
184.2
165.8
199.4
126.5
130.3
120.4
124.5
188.4
128.4
191.4
213.3
127.4
178.6
35.
35.5
67.6
70.6
59.5
71.1
34.2
33.4
35.1
35.9
70.2
68.9
34.9
70.0
63.0
34.8
11.0
-1.3
3.3
7.2
3.7
8.3
.6
5.4
6.3
4.3
2.2
.4
3.4
5.0
3.1
74.8

75.8

77.9

83.3

85.3

43.6

45.0

44.4

44.7

45.4

45.'

46.2

46.4

229.6
71.8
157.8

248.4
77.0
171.4

241.8
75.5
166.3

245.8
75.
170.0

249.6
76.3
173.3

256.6
80.6
175.9

261.
81.2
180.1

266.2
82.5
183.8

149.9
49.1
100.8

150.5
49.1
101.3

150.4
49.2
101.2

150.5
49.1
101.4

150.6
49.2
101.5

150.3
49.0
101.2

150.5
49.2
101.4

151.4
49.9
101.6

20.5

25.3

24.2

23.7

26.9

26.4

28.8

29.9

8.1

7.9

8.9

8.1

8.0

6.5

6.0

6.3

69.6

Revised. See footnotes on p. 11.

HISTORICAL STATISTICS
The national income and product series for 1929-72 are in The
National Income and Product Accounts of the United States, 1929-7%:
Statistical Tables (available for $4.95, SN 003-010-00052-9, from
Commerce Department District Offices or the Superintendent of
Documents; see address inside front cover). Data for 1973, 1974,




1975, and 1975-78 are in the July 1976, 1977, 1978, and 1979
issues of the SURVEY, respectively. Summary national income and
product series in current and constant dollars and implicit price
deflators for 1947-79 are shown in the January 1980 issue of
the SURVEY.

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