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SUEVEY OF CUREENT BUSINESS

May 1981

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. National product and income
5. Saving and inve stment
2. Personal income and outlays
6. Product and income by industry
3. Government receipts and expenditures
7. Implicit price d eflators and price indexes
4. Foreign transactions
8. Supplementary table: Percent change from
preceding perio d for selected items
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

I'

1979
1979

1980

1980

IV

I

Seasonally adjusted at annual rates

1981

II

III

IV

I'

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
Gross national product

2,413.9 2,626.1 2,496.3 2,571.7 2,564.8 2,637.3 2,730.6 2,853.8 1,483.0 1,480.7 1,490.6 1,501.9 1,463.3 1,471.9
1,510.9 1,672.8 1,582.3 1,631.0 1,626.8 1,682.2 1,751.0 1,805.8

Personal consumption expenditures.
Durable goods
Nondurable goodsServices
_

212.3
602.2
696.3

Net exports of goods and services

941.6

930.8

946.8

958.3

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

146.4
364.2
447.7

935.1

146.6
354.6
429.6

194.4
664.0
768.4

208.8
674.2
799.2

410.0

415.6

390.9

377.1

397.7

435.4

232.6

203.6

221.5

218.3

200.5

195.3

200.5

210.6

410.8
290.2
105.1
185.1
120.6
115.4
2.3
3.0
-.8
-4.4
3.6

413.1
297.8
108.2
189.7
115.2
110.1
2.2
3.0
2.5
1.5
1.0

383.5
289.8
108.4
181.4
93.6
88.9
1.8
2.9
7.4
6.1
1.3

393.2
294.0
107.3
186.8
99.2
94.5
1.7
3.0
-16.0
-12.3
-3.7

415.1
302.1
111. 5
190.7
113.0
107.6
2.2
3.1
-17.4
-14.0
-3.4

432.8
316.1
116.7
199.4
116.7
111.3
2.2
3.2
2.6
5.0
-2.4

222.5 ' 206.6
158.4
163.3
48.4
48.5
110.0
114.8
48.1
59.1
56.2
45.2
.9
.9
2.0
2.0
10.2
-2.9
-2.4
7.8
-.5
2.4

222.2
164.1
50.7
113.5
58.1

219.2
165.0
50.5
114.5
54.2
51.2
1.0
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
155.5
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

212.9
162.0
49.4
112.7
50.8
47.8
.9
2.1
-2.3
-1.1
-1.1

216.1
639.2
727.0

415.8

Fixed investment
_
Nonresidential
Structures
Producers' durable equipment..
Residential
Nonfarm structures..
Farm structures
Producers' durable equipment..
Change in business inventories
Nonfarm
_
Farm

237.3
725.2
843.4

919.3

220.9
661.1
749.0

211.9
675.7
785.2

395.3

398.3
279.7
96.3
183.4
118.6
113.9
1.8
2.9
17.5
13.4
4.1

Gross private domestic investment-

223.3
703.5
824.2

1,485.61,516.0

943.4

930.9

401.2
296.0
108.8
187.1
105.3
100.3
2.0
3.0
-5.9
-4,7
-1.2

54.9

1.1
2.1
-.7
-2.7
2.0

13.4

Federal..
National defense..
Nondefense
State and local

7.6

8.2

17.1

44.5

23.3

37.0

37.7

52.0

42.2

50.1

51.7

57.6

48.5

53.9

339.8
316.5

306.3
298.7

337.3
329.1

333.3
316.2

342.4
297.9

346.1
322.7

376.8
339.8

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

166.8
112.9

473.8

534.7

496.4

516.8

530.0

533.5

558.6

575.5

281.8

290.0

285.3

2S0.1

291.9

288.2

289.!

293.2

167.9
111.2
56.7
305.9

Government purchases of goods and services

23.3

281.3
267.9

Exports
Imports

189
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

221.5
145.0
76.4
354.1

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
69.9
37.7
182.5

110.7
70.9
39.7
181.2

106.9
70.9

107.4
71.9
35.4
182.4

111.0
72.1
38.9
182.2

• 35.9

181.3

Table 1.3—1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Gross national product
Final sales
Change in business inventories
Goods
Final 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, 853. 8 1,483.0 1, 480. 7 1,490.6 1,501.9 1,463.3 1,471.9

1 485 6 1,516.0

2, 396. 4 2, 632. 0 2, 497. 1 2, 569. 1 2, 557. 4 2, 653. 4 2, 748. 0 2, 851. 2 1, 472. 9 1, 483. 6 1, 491. 3 1, 502. 8 1, 462. 0 1, 476. 9
— 7
7 4 —16 0 —17.4
25
_ g
10.2
—2 9
1 3 —5 0
26
17 5
—.9
—5 9

1, 492. 7 1, 518. 3
—7 2 —2 3

1 055.9 1 130 4 1 078 3 1 116 9 1 106 4 1 129 4 1 169 0 1 249 9

674.5

665 2

673.3

682.1

658 1

657.5

662 9

689 6

1 038 5 1 136 3 1 079 1 1 114 4 1 099 0 1 145 4 1 186 3 1 247 3 664 3
2.6
10.2
17.5
7.4 —16.0 -17.4
26
—5.9
—.8

668.1
-2.9

674 0
—.7

683 0
—.9

656 8
1.3

662.4
—5.0

670 1
—7.2

691.9
-2.3

502 7
507 3
-4.6
747.3
740.0
7.2

296 9
290.2
8.7
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
.6

274.6
278.4
-3.8
382.9
384.0
-1.1

281.8
281.5
.3
381.1
388.6
-7.5

290.0
293.2
-3.3
399.6
398.6
1.0

Services
Structures

1,097.2 1,229.6 1,142.8 1,178.6 1,205.6 1,249.0 1,285.3 1,316.7
276.4
252.8
258.9
260.8
266.0
275.1
276.2
287.1

678.0
130.6

695.7
119.8

684.9
132.4

690.7
129.1

690.6
114.6

699.9
114.5

701.7
\21.0

703.3
123.1

Addenda:
Gross domestic purchases J. —
Final sales to domestic purchasers L

2, 400. 5 2, 602. 8 2, 488. 7 2, 563. 5 2, 547. 7 2, 592. 8 2, 707. 3 2, 816. 8 1, 445. 3 1, 428. 7 1, 448. 4 1, 451. 8 1,411.6 1,414.3
2, 383. 0 2, 608. 7 2, 489. 5 2, 560. 9 2, 540. 3 2, 608. 8 2, 724. 6 2, 814. 1 1, 435. 1 1,431.7 1, 449. 1 1, 452. 7 1, 410. 4 1,419.2

Durable 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, 462. 1
1, 444. 2 1, 464. 4

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