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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 Net exports of goods and services... Exports . Imports. Government purchases of goods and services Federal National defense. Nondefense State and local -10.3 -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 28.3 207.2 217.5 257.5 262.1 238.5 234.4 243.7 251.9 267.3 269.5 280.4 292.4 308.1 321.7 307.0 309.2 108.9 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 53.6 283.0 166.6 108.3 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 , 031.7 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. 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.