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SURVEY OF CUEEENT BUSINESS

April 1981

13

National Income and Product Accounts Tables
The tables that follow are presented in eight groups, and the table numbers reflect these groups. The table numbers will also be used
in future publications presenting national income and product account estimates. The groups are:
1.
2.
3.
4.

National product and income
Personal income and outlays
Government receipts and expenditures
Foreign transactions

5.
6.
7.
8.

Saving and investment
Product and income by industry
Implicit price deflators and price indexes
Supplementary table: Percent change from
preceding period for selected items

The fixed-weighted and chain price indexes shown in tables 7.1-7.2 and 8.1 are revised for all periods. Revised estimates for earlier
periods are available from the National Income and Wealth Division, Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, D.C. 20230. Corporate profits and related totals for the fourth quarter and year 1980 are 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

1980

1979
1979

1980

I

IV

II

1981
III

IV

IP

1980

1979
1979

1980

I

IV

Seasonally adjusted at annual rates

II

1981
III

IV

IP

Seasonally adjusted at annual rates

Billions of dollars

Billions of 1972 dollars

Table 1.1-1.2.—Gross National Product in Current and Constant Dollars
Cross national product

2 413 9 2 626 1 2 496 3 2 571 7 2 564 8 2 637 3 2 730 6 2 826 8 1 483 0 1 480 7 1 490 6 1 501 9 1 463 3 1 471 9

Personal consumption expenditures
Durable goods
Nondurable goods
Services

1, 510. 9 1 ,672 .8 1 582 3 1 631 0 1 626 8 1 682 2 1 751 0 1,805.4

1 485 6 1 509 2

930 9

935 1

941.6

943.4

919.3

930.8

946.8

957.8

135 8
358 4
440 9

146 0
361 3
434 3

145 4
361 5
436 5

126.2
356 6
436 5

132.6
354 9
443.3

139.1
360 4
447.3

146.6
363.8
447.4

212.3
602 2
696.3

211 9
675 7
785*2

216 1
639 2
727 0

220 9
661 1
749 0

194 4
664 0
768 4

208 8
674 2
799 2

223 3
703 5
824 2

238 1
724 4
842 8

146 6
354 6
429 6

Gross private domestic investment -

415.8

395 3

410 0

415 6

390 9

377 1

397 7

423 1

232 6

203 6

221.5

218 3

200.5

195.3

200.5

206.6

Fixed investment
Nonresident! al
Structures
Producers' durable equipment
Eesidential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories .
Nonfarm
Farm .

398 3
279.7
96 3
183 4
118.6
113 9
1.8
2.9
17 5
13.4
41

401 2
296 0
108 8
187 1
105 3
100 3
20
3.0
—5 9
—4.7
—1 2

410 8
290 2
105 1
185 1
120 6
115 4
23
30
— 8
—4.4
36

413 1
297 8
108 2
189 7
115 2
- 110 1
2 2
30
25
15
10

383 5
289 8
108 4
181 4
93 6
88 9
18
2.9
74
61
13

393 2
294 0
107 3
186 8
99 2
94 5
17
30
— 16 0
— 12 3
—3 7

415 1
302 1
111 5
190 7
113 0
107 6
22
3.1
—17 4
—14.0
—3 4

431 0
314 7
116 2
198 5
116 3
110 9
2 2
3.2
—7 9
—5 9
—2 0

9 9

206 6
158 4
48 4
110 0
48.1
45 2
.9
2.0
—2.9
-2.4
— 5

222 2
164 1
50 7
113 5
58.1
54 9
11
2.1
— 7
—2.7
2 0

219 2
165 0
50 5
114 5
54.2
51 2
10
2.1
— 9
—1.4
5

199 2
156.1
48 7
107.4
43.1
40 3
.8
2.0
1.3
.6
.7

200 2
155. 6
46 8
108.8
44.7
41 9
.7
2.0
—5.0
—3.1
—1.8

207.6
157.0
47.8
109.3
50.6
47.5
1.0
2.0
—7.2
—5.6
—1.5

212.4
161.7
49. 1
112.6
50.7
47.7
1.0
2.1
-5.7
-4.8
-.9

_

2 5
163 3
48 5
114 8
59 1
56 2
9
20
10 2
78
24

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

__

13.4

23 3

7.6

8.2

17.1

44.5

23 3

24.3

37.7

52.0

42.2

50.1

51.7

57.6

48.5

51.8

281 3
267 9

Net exports of goods and services

339 8
316 5

306 3
298 7

337 3
329 1

333 3
316 9

342 4
297 9

346.1
322 7

371.5
347 2

146 9
109 2

161.1
109 1

154. 8
112 6

165.9
115 8

160.5
108 9

160.5
102 8

157.4
108.9

164.9
113.1

473.8

534.7

496.4

516.8

530.0

533.5

558.6

574.1

281.8

290.0

285.3

290.1

291.9

288.2

289.8

292.9

167.9
111 2
56.7
305 9

198 9
131 7
67 2
335 8

178 1
118 7
59 4
318 3

190 0
125 0
64 9
326 8

198 7
128 7
70 0
331 3

194 9
131 4
63 5
338 6

212 0
141 6
70.4
346 6

219.6
144 9
74.8
354 5

101 7
67 1
34 6
180 1

108.1
70.9
37.2
180.9

103.1
68 3
34.8
182 2

107.6
6Q 9
37.7
182 5

110.7
70 9
39.7
181.2

106.9
70.9
35.9
181.3

107.4
71.9
35.4
182.4

110.6
72.1
38.5
182.3

Table 1.3—1.4.—-Gross National Product by Major Type of Product in Current and Constant Dollars
Gross national productFinal sales
Change in business inventories-

2,413.9 2,626.1 2,496.3 2,571.7 2,564.8 2,637.3 2,730.6 2,826.8 1,483.0 1,480.7 1,490.6 1,501.9 1,463.3 1,471.9

1.485.6 1,509.2

2.396.4 2,632.0 2, 497. 1 2,569.1 2,557.4 2,653.4 2,748.0 2,834.7 1,472.9 1,483.6 1,491.3 1,502.8 1,462.0 1,476.9
-5.0
1.3
-7.9
10.2
7.4 -16.0 -17.4
-.7
-.9
17.5
-2.9
-5.9
2.5
-.8

1.492.7 1,515.0
"~
-7.2 -5. 7
683.6

1,055.9 1,130.4 1,078.3 1,116.9 1,106.4 1,129.4 1,169.0 1,225.2

674.5

665.2

673.3

682.1

658.1

657.5

662.9

1.038.5 1,136.3 1, 079. 1 1,114.4 1,099.0 1,145.4 1,186.3 1, 233.1
7.4 -16.0 -17.4
-7.9
17.5
-5.9
-.8
2.5

664.3
10.2

668.1
-2.9

674.0
-.7

683.0
-.9

656.8
1.3

662.4
-5.0

670.1
-7.2

-5.7

489.7
503.9
-14.2
735.5
729.2
6.3

296.9
290.2
6.7
377.5
374.1
3.5

279.4
281.3
-1.9
385. 7
386.8
-1.1

289.6
289.9
-.3
383.7
384.1
-.4

290.6
295.2
-4.6
391.4
387.7
3.7

270.8
270.1
.7
387.3
386.7

274.6
278.4
-3.8
382.9
384.0
-1.1

281.8
281.5
.3
381.1
388.6
-7.5

285.7
293.2
-7.4
397.8
396.1
1.7

Services....
Structures-

1,097.2 1,229.6 1,142.8 1,178.6 1,205.6 1,249.0 1,285.3 1,314.7
276.4
287.0
252.8
258.9
266.0
276.2
260.8
275.1

678.0
130.6

695.7
119.8

132.4

690.7
129.1

690.6
114.6

699.9
114.5

701.7
121.0

702.7
123.0

Addenda :
Gross domestic purchasesl
Final sales to domestic purchasersl.

2,400.5 2,602.8 2, 488. 7 2,563.5 2,547.7 2,592.8 2,707.3 2,802.6 1,445.3 1,428.7 1,448.4 1,451.8 1,411.6 1,414.3
2, 724.6 2,810. 5 1,435.1 1,431.7 1,449.1 1,452.7 1,410.4 1,419.2
2,383.0 2,608.7 2, 489. 5 2,560. 9 2,540.3

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

451.2
439.7
11.5
604.7
598.8
6.0

458.6
462.6
-4.0
671.9
673.7
-1.8

448.1
448.4
-.4
630.3
630.7
-.5

456.4
468.2
-11.8
660.5
646.2
14.3

444.6
441.3
3.3
661.8
657.7
4.1

456.5
464.9
-8.4
672.9
680.5
-7.7

476.7
476.0
.7
692.2
710.3
-18.1

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




1,437.1 1,457.4
1,444.2 1,463.1

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