View PDF

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

SUEVEY OF CURRENT BUSINESS

October 1980

NATIONAL INCOME AND PRODUCT TABLES
1980

1979
1978

1979

II

III

IV

I

II

1980

1979
III v

1978

1979

II

III

Seasonally adjusted at annual rates

IV

I

II

III P

Seasonally adjusted at annual rates

Billions of current dollars

Billions of 1972 dollars

Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product

2,127.6 2,368.8 2,329.8 2,396.5 2,456.9 2,520.8 2,521.3 2,583.0 1,399.2 1,431.6 1,422.3 1,433.3 1,440.3 1,444.7 1,408.6 1,412.1

Personal consumption expenditures.
Durable goods
Nondurable goods.
Services

200.3
530.6
619.8

Gross private domestic investment.
Fixed investment

900.8

924.5

915.0

925.9

935.4

936.5

910.8

922.4

146.7
343.3
410.8

147.1
349.1
428.3

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

133.6
348.0
440.8

214.3

215.2

221.7

214.2

207.7

203.2

188.6

178.5

363.9

200.2

205.5

203.5

207.1

206.3

202.9

186.0

185.3

268.2
103.7
164.5

271.4
102.4
169.0

140.1
43.9
96.2

148.8
48.1
100.7

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

144.1
46.7
97.4

1,350.8 1,509.8 1,475.9 1,528.6 1,580.4 1,629.5 1,626.6 1,681.8
213.0
596.9
699.8

351.5

387.2

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

209.3
666.4
806.1

395.4

392.3

387.2

387.7

368.5

346.0

377.8

381.7

383.0
272.6
103.3
169.4

329.1

369.0

Nonresidential
Structures
Producers' durable equipment _.

221.1
76.5
144.6

254.9
92.6
162.2

249.1
90.5
158.6

261.8
95.0
166.7

265.2
100.2
165.1

Residential
Nonfarm structures
Farm structures
Producers' durable equipment _

108.0
104.4
1.8
1.9

114.1
110.2
1.9
2.0

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

92.5
88.9
1.6
1.9

60.1
57.7
1.0
1.4

56.7
54.3
.9
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

41.2
39.2
.7
1.3

Change in business inventories.
Nonfarm
Farm

22.3
21.3
1.1

18.2
16.5
1.7

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

-17.9
-13.1
-4.8

14.1
13.7
.3

9.7
8.9
.9

18.1
17.7
.4

7.1
6.1
1.0

1.4
-.4
1.8

.3
.2
.2

2.6
3.1
-.5

-6.8
-4.4
-2.4

Net exports of goods and services

-10.3

-4.6

-8.1

-2.3

-11.9

-13.6

-2.2

18.6

11.0

17.6

13.2

20.1

20.1

25.0

28.3

31.6

207.2
217.5

257.5
262.1

243.7
251.9

267.3
269.5

280.4
292.4

308.1
321.7

307.0
309.2

312.1
293.5

108.9
97.9

119.9
102.3

116.0
102.9

122.2
102.1

124.3
104.1

131.7
106.7

128.3
99.9

126.9
95.3

435.6

476.4

466.6

477.8

501.2

517.2

528.3

536.7

273.2

274.3

272.4

273.1

277.1

280.0

280.9

279.6

152.6
99.0
53.6
283.0

166.6
108.3
58.4
309.8

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

194.6
129.1
65.5
342.1

98.6

99.4

98.1

97.4

101.1

104.3

106.7

105.6

174.6

174.9

174.3

175.6

176.0

175.7

174.3

173.9

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

361.9

357.1!

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 2,329.8 2,396.5 2,456.9 2,520.8 2,521.3 2,583.0

Gross national product.
Final sales
Change in business inventories.

1,399.2 1,431.6 1,422.3 1,433.3 1,440.3 1,444.7 1,408.6 1,412.1

2,105. 2 2,350.6 2,296.4 2,381.9 2,451.4 2,516.1 2,509.9 2,600.9 1,385.1 1,421.9 1,404.1 1,426.2 1,439.0 1,444.4 1,406.0 1,418.9
-6.8
.3
1.4
2.6
18.1
7.1
22.3
11.4 -17.9
14.1
18.2
4.7
9.7
33.4
14.5
5.6
930.0 1,030.5 1,018.1 1,036.0 1,056.3 1,086.2 1,079.2 1,100.6

Goods..
Final sales
Change in business inventoriesDurable goods
Final sales
Change in business inventories.
Nondurable goods
Final sales
Change in business inventories.
Services
Structures-

639.5

653.1

647.3

651.3

655.1

659.7

636.9

636.3

907.7 1,012.4
22.3
18.2
380.4
423.1
366.5
410.2
13.9
13.0

984.6 1,021.5 1,050.7 1,081.5 1,067.8 1,118.5
11.4 -17.9
4.7
33.4
14.5
5.6

625.4
14.1

643.4
9.7

629.1
18.1

644.2
7.1

653.7
1.4

659.4
.3

634.3
2.6

643.1
-6.8

422.4
398.0
24.3

424.4
417.1
7.3

420.2
418.4
1.8

421.5
430.8
-9.3

414.7
408.6
6.1

434.7
433.8
.9

270.0
261.4
8.6

278.3
271.3
7.0

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

261.4
261.5
-.1

549.6
541.2
8.4

595.7
586.6
9.1

611.6
604.4
7.2

636.1
632.3
3.8

664.8
650.7
14.0

664.5
659.2
5.3

666.0
684.8
-18.8

369.4
364.0
5.5

374.8
372.1
2.7

369.0
364.1
4.9

374.7
371.3
3.4

382.7
381.7
1.0

388.7
384.8
3.9

381.9
381.5
.5

374.9
381.6
-6.7

969.3 1,085.1 1,064.2 1,100.6 1,134.0 1,169.5 1,199.9 1,237.6
228.2
253.2 247.5
244.8
265.1
242.2
266.6
259.8

630.3
129.5

649.7
128.8

647.3
127.7

652.0
130.0

654.4
130.8

658.1
126.9

658.7
113.1

664.9
110.9

607.4
602.2
5.2

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 housing.
Housing
Farm
Statistical discrepancy...
Residual i
Households and institutionsGovernment
Federal
State and local _

1,807.8 2,017.9 1,984.5 2,042.0 2,093.6 2,147.5 2,139. 8 2,195.2 1,197.5 1,228.3 1,219.0 1.229.3 1,237.9 1,242. 0 1, 204.5 1,206.8
1,160.0 1,191.2 1,184.7 1.189.4 1,197.8 1,199.8 1,165.9 1,170.4
1, 745.0 1,944.0 1, 915.2 1, 964.8 2,015.2 2,068.9 2,071. 3
1,03'
1, 579.2 1, 755.6 1,731.0 1, 773.4 1,815.8 1,862.9 1,858.1
1,063.8 1,058.2 1,061.0 1,067.4 1,067.5 1,031. 7 1,034.4
206.1
132.3 134.3 136.0
184.2
130.3
188.4
191.4
199.4
120.4
126.5
165.8
128.4
127.4
213.3 221.2
35.5
67.6
35.9
70.6
65.6
35.9
70.2
71.1
68.9
34.2
35.1
59.5
34.9
33.3
63.0
34.8
11.0
-1.3
3.7
8.3
7.2
3.3
5.4
2 3.1
2.2
4.3
6.3
3.4
3.1
5.0
69.6

77.2

75.8

83.3

77.9

85.3

88.1

43.6

45.0

229.6
71.8
157.8

248.4
77.0
171.4

245.8
75.8
170.0

249.6
76.3
173.3

256.6
80.6
175.9

261.3
81.2
180.1

266.2
82.5
183.8

270.1
82.6
187.5

149.9
49.1
100.8

150.5
49.1
101.3

20.5

Rest of the world
p Preliminary.

2,127.6 2,368.8 2,329.8 2,396.5 2,456.9 2,520.8 2,521.3 2,583.0 1,399.2 1,431.6 1,422.3 1,433.3 1,440.3 1,444.7 1,408.6 1,412.1
2,107.0 2,343.5 2,306.1 2,369.5 2,430.6 2,492.0 2,491.3 2,553.4 1,391.1 1,423.8 1,414.2 1,425.3 1,433.8 1,438.7 1,402.3 1,405.6

25.3

23.7

26.9

26.4

28.8

29.9

29.6

8.1

7.9

45.4

45.7

46.2

46.4

47.3

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

151.5
49.8
101.7

8.1

8.0

6.5

6.0

44.7

6.3 I

See footnotes on p. 10.

HISTORICAL
The national income and product series for 1929-72 are in The
National Income and Product Accounts of the United States, 1929-74:
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,




STATISTICS
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.

6.5

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