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8

SURVEY OF CURRENT BUSINESS

April 1991

NATIONAL INCOME
AND PRODUCT ACCOUNTS
Selected NIPA Tables
New estimates in this issue: First quarter 1991, advance.
The selected set of 54 national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are updated
monthly. (In most of these tables, annual estimates are also shown.) The full set of 132 tables usually shown in July presents annual NIPA revisions.
For more information on the presentation of the estimates, see "National Income and Product Accounts Estimates: When They are Released, Where
They Are Available, and How They Are Presented" in the July 1988 SURVEY.
The tables shown are available the day of the GNP news release on printouts and diskettes on a subscription basis or from the Commerce Department's
Economic Bulletin Board. Estimates for 1986-89 are in the July 1990 issue of the SURVEY; estimates for 1985 are in the July 1988 issue; estimates
for 1984 are in the July 1987 issue; estimates for 1983 are in the July 1986 issue. Estimates for 1929-82 are in National Income and Product
Accounts, 1929-82: Statistical Tables. For more information, write to National Income and Wealth Division (BE-54), Bureau of Economic Analysis, U.S.
Department of Commerce, Washington, DC 20230.
NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division.
Table 1.1.—Gross National Product

Table 1.2.—Gross National Product in Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]
Seasonally adjusted at annual rates

1989

1990

1989

1990

Seasonally adjusted at annual rates

1991

IV

Gross national product
Personal consumption expenditures *
Durable goods
Nondurable goods
Services1
Gross private domestic investment
Fixed investment .
Nonresidential
Structures
Producers' durable equipment ....
Residential
Change in business inventories
Nonfarm
Net exports of goods and services!
Exports *
Imports ' ....
..
Government purchases of goods and
services . .
Federal
National defense
Nondefense
State and local

5,200.8
3,450.1
474.6
1,130.0
1,845.5
771.2
742.9
511.9
146.2
365.7
231.0
28.3
23.3
5.0
-46.1
626.2
672.3

5,465.1
3,657.3
480.3
1,193.7
1,983.3
741.0
746.1
524.1
147.0
377.1
222.0
-5.0
-7.4
2.4
-31.2
672.8
704.0

I

II

III

IV

5,375.4
3,588.1
492.1
1,174.7
1,921.3
747.2
758.9
523.1
148.8
374.3
235.9
-11.8
-17.0
5.3
-30.0
661.3
691.3

5,443.3
3,622.7
478.4
1,179.0
1,965.3
759.0
745.6
516.5
147.2
369.3
229.1
13.4
13.0
.5
-24.9
659.7
684.6

5,514.6
3,693.4
482.3
1,205.0
2,006.2
759.7
750.7
532.8
149.8
383.0
217.9
9.0
6.8
2.2
-41.3
672.7
714.1

5,527.3
3,724.9
468.5
1,216.0
2,040.4
698.3
729.2
524.0
142.1
381.9
205.2
-30.8
-32.4
L5
-28.8
697.4
726.2

5,562.3
3,741.1
456.8
1,209.8
2,074.5
673.4
696.2
506.3
139.2
367.1
189.9
-22.9
-27.9
5.1
7.5
692.2
684.7

1990

I

5,289.3
3,518.5
471.2
1,148.8
1,898.5
762.7
737.7
511.8
147.1
364.7
225.9
25.0
24.1
.9
-35.3
642.8
678.1

1989

1,025.6 1,098.1 1,043.3 1,070.1 1,086.4 1,102.8 1,132.9 1,140.2
400.0 424.0 399.9 410.6 421.9
425.8 437.6 442.3
301.1 313.6 299.2 307.2 309.6 312.6
325.0 330.0
98.9 110.4 100.7 103.4 112.3 113.2 112.6 112.3
625.6 674.1 643.4 659.6 664.6 677.0 695.3 697.9

IV

1991

1990

1989
I

III

II

I

IV

4,117.7 4,157.3 4,133.2 4,150.6 4,155.1 4,170.0 4,153.4 4,123.9
2,656.8 2,681.6 2,669.9 2,677.3 2,678.8 2,696.8 2,673.6 2,664.1
428.0 427.4 423.1 437.6 426.8 429.5 415.6 403.9
Durable goods
916.4 901.2 894.6
919.9 911.1 923.0 915.6 911.2
Nondurable goods
1,309.0 1,343.1 1,323.8 1,324.2 1,340.8 1,350.8 1,356.7 1,365.5
Services *
716.9 688.7 709.1 700.7 700.7 697.0 656.3 630.2
Gross private domestic investment
693.1 692.3 690.2 702.9 691.2 692.3 682.7 650.8
506.1 515.4 508.4 514.6 508.4 519.3 519.4 499.6
Nonresidential
123.8
120.9 122.4 116.4 113.0
122.4 120.9 123.1
Structures
..
383.7 394.6 385.4 390.8 387.5 397.0 403.1 386.5
Producers' durable equipment ....
173.0 163.3 151.2
188.3 182.8
187.0 176.8 181.8
Residential
-2.2
9.5
4.7 -26.4 -20.7
18.9
-3.6
23.8
Change in business inventories
4.7 -28.5 -25.5
-8.2
11.6
15.3
18.7
-5.1
Nonfarm
4.8
2.1
0
6.0
-2.1
3.6
1.5
5.0
Farm
J
2.2
-8.8
-47.9 -35.4 -44.6 -46.5
-33.8
-54.1
Net exports of goods and services
620.1 630.5 647.2 646.5
593.3 631.5 611.6 628.1
Exports *
647.4 665.3 659.4 663.5 664.7 677.0 656.0 644.3
Imports '
Government purchases of goods and
798.1 820.8 802.2 807.9 820.2 822.7 832.3 827.5
services
334.9 343.7 332.7 333.0 345.9 346.0 349.9 346.8
Federal
256.3 258.7 255.5 254.4 256.5 258.2 265.7 265.2
National defense
81.6
89.4
87.8
84.2
78.6
77.2
85.0
78.7
Nondefense
463.2 477.1 469.5 475.0 474.3 476.7 482.4 480.7
State and local
Gross national product
Personal consumption expenditures '

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.3.—Gross National Product by Major Type of Product

Table 1.4.—Gross National Product by Major Type of Product in
Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

1989

1990

1989
IV

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 inventories
Services
Structures .. .

1990
I

II

5,465.1 5,289.3 5,375.4 5,443.3
5,470.2 5,264.3 5,387.2 5,429.9
13.4
25.0 -11.8
-5.0
2,143.3 2,085.9 2,111.0 2,146.6
2,148.3 2,060.9 2,122.8 2,133.1
25.0 -11.8
13.4
-5.0
928.0 907.4 919.9 930.1
939.1 894.2 941.4 930.1
13.2 -21.6
0
-11.1
1,215.3 1,178.6 1,191.2 1,216.4
1,209.3 1,166.7 1,181.4 1,203.0
9.8
11.9
13.4
6.0
2,864,5 2,747.5 2,791.3 2,834.2
456.9 457.4 455.9 473.0 462.5

5,200.8
5,172.5
28.3
2,072.7
2,044.4
28.3
906.6
894.7
11.9
1,166.0
1,149.6
16.4
2,671.2

III

IV

5,514.6
5,505.6
9.0
2,170.4
2,161.4
9.0
953.2
943.4
9.8
1,217.2
1,218.0
-.8
2,889.6

5,527.3
5,558.2
-30.8
2,145.0
2,175.9
-30.8
908.7
941.2
-32.5
1,236.3
1,234.7
1.7
2,943.0

454.6

1990

Gross national product
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 inventories
Services

4,117.7 4,157.3
4,094.0 4,160.9
-3.6
23.8
1,829.5 1,829.3
1,805.7 1,832.9
-3.6
23.8

1991

1990

1989
IV

I

5,562.3
5,585.1
-22.9
2,144.8
2,167.7
-22.9
892.6
920.4
-27.9
1,252.3
1,247.2
5.0
2,999.9
439.3 417.6

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




1989

.1991

I

II

III

I

IV

4,133.2 4,150.6 4,155.1 4,170.0 4,153.4
4,114.4 4,152.8 4,145.6 4,165.3 4,179.8
4.7 -26.4
-2.2
9.5
18.9
1,823.1 1,825.4 1,831.3 1,839.7 1,821.0
1,804.3 1,827.6 1,821.8 1,835.0 1,847.4
4.7 -26.4
9.5
-2.2
18.9

4,123.9
4,144.6
-20.7
1,798.6
1,819.2
-20.7

907.5 920.6 904.4 914.3 919.1 941.1 908.0 889.3
919.5 932.9 936.0 912.1
897.7 930.1 894.2 932.1
8.3 -28.1 -22.8
-.3
10.2 -17.7
9.8
-9.5
922.0 908.7 918.7 911.0 912.2 898.5 913.0 909.3
895.5 902.4 902.1 911.4 907.2
908.0 902.8 910.1
-3.6
1.6
2.1
9.8
15.5
8.6
13.9
5.9
1,915.6 1,961.0 1,939.7 1,943.7 1,952.5 1,967.3 1,980.7 1,992.1
372.7 366.9 370.4 381.5 371.2 363.1 351.7 333.3

Structures
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

9

SURVEY OF CURRENT BUSINESS

April 1991

Table 1.5.—Relation of Gross National Product, Gross Domestic Purchases,
and Final Sales to Domestic Purchasers

Table 1.6.—Relation of Gross National Product, Gross Domestic Purchases,
and Final Sales to Domestic Purchasers in Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]
Seasonally adjusted at annual rates

1989

1990

IV

I

II

Seasonally adjusted at annual rates

1991

1990

1989

III

IV

1989

1990

I

1989

IV

1990

I

1991

II

III

IV

I

Gross national product .

4,117.7 4,157.3 4,133.2 4,150.6 4,155.1 4,170.0 4,153.4 4,123.9

Less: Exports of goods and services J ....
Plus: Imports of goods and services l ....

5,200.8 5,465.1 5,289.3 5,375.4 5,443.3 5,514.6 5,527.3 5,562.3
626.2 672.8 642.8 661.3 659.7 672.7 697.4 692.2
691.3 684.6 714.1 726.2 684.7
672.3 704.0 678.1

Less: Exports of goods and services l ....
Plus: Imports of goods and services ' ....

Equals: Gross domestic purchases2 ....

5,246.9 5,496.4 5,324.6 5,405.3 5,468.2 5,555.9 5,556.1 5,554.8

Equals: Gross domestic purchases2 ....

593.3 631.5 611.6
628.1 620.1 630.5 647.2 646.5
647.4 665.3 659.4 663.5 664.7 677.0 656.0 644.3
4,171.8 4,191.1 4,181.1 4,185.9 4,199.7 4,216.5 4,162.2 4,121.7

Gross national

roduct

Less: Change in business inventories
Equals: Final sales to domestic

^

28.3

-5.0

25.0

-11.8

13.4

9.0

-30.8

-22.9

5,218.6 5,501.4 5,299.6 5,417.1 5,454.7 5,546.9 5,586.9 5,577.6

Less: Change in business inventories
Equals: Final 3sales to domestic
purchasers

23.8

-3.6

18.9

-2.2

9.5

4.7

-26.4

-20.7

4,148.1 4,194.7 4,162.2 4,188.1 4,190,1 4,211.8 4,188.6 4,142.4

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.
2. Purchases in the United States of goods and services wherever produced.
3. Final sales in the United States of goods and services wherever produced.

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.
2. Purchases in the United States of goods and services wherever produced.
3. Final sales in the United States of goods and services wherever produced.

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.7.—Gross National Product by Sector

Table 1.8.—-Gross National Product by Sector in Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]
Seasonally adjusted at annual rates

1989

1990

IV

II

HI

IV

.

Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
Federal
State and local
Rest of the world

4,418.1 4,619.2 4,483.1 4,551.8 4,613.5 4,659.6 4,652.1 4,665.0
4,346.6 4,527.8 4,399.5 4,455.8 4,522.1 4,571.4 4,562.1 4,572.4
3,915.3 4,068.8 3,955.8 4,007.6 4,067.5 4,106.9 4,093.1 4,099.8
431.2 459.1 443.7 448.1 454.7 464.4 469.0 472.6
92.1
89.6
94.6
93.1
95.3
86.7
88.6
93.1
.4
.4
-4.9
.7
-3.0
-1.7
-17.0
-3.2
229.3 233.4 237.9
215.0 221.4
203.6 224.8 210.3
10.9
11.0
11.1
10.5
10.8
10.4
10.8
10.3
193.3 214.0 199.9 204.5 210.6 218.4 222.4 226.8
541.6
168.6
373.0

579.4
178.5
400.9

553.0
169.7
383.3

567.0
176.6
390.4

576.7
179.2
397.5

582.8
178.3
404.5

591.0
179.8
411.2

606.4
188.6
417.8

37.6

41.7

42.8

41.6

31.6

42.9

50.8

53.0

3,978.4

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




1990

1989

IV
Gross national product
Gross domestic product ..
Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

1990

I

II

1991

HI

IV

I

4,117.7 4,157.3 4,133.2 4,150.6 4,155.1 4,170.0 4,153.4 4,123.9
4,087.6 4,125.4 4,099.5 4,118.2 4,130.6 4,137.5 4,115.2 4,084.8
3,557.9 3,581.1 3,564.4 3,580.0 3,587.2 3,590.8 3,566.7 3,533.7
3,492.9 3,502.5 3,487.5 3,500.3 3,510.3 3,514.3 3,485.1 3,453.0
3,196.0 3,200.4 3,187.8 3,199.1 3,208.4 3,211.9 3,182.1 3,149.3
299.7 301.2
296.9 302.1
301.8 302.4 303.1 303.7
78.8
80.0
79.4
79.1
80.2
81.2
80.4
79.3
-2.4
-13.8, ;
-1.3
.6
-2.5
-3.7
.3
.3

Households and institutions
Private households
Nonprofit institutions

146,2
9.5
136.6

154.5
9.7
144.8

149.2
9.7
139.6

150.8
9.7
141.2

153.6
9.8
143.7

156.7
9.8
146.9

157.0
9.7
147.3

158.1
9.7
148.4

Government
Federal
State and local

383.5
126.5
257.0

389.7
127.6
262.1

385.9
126.8
259.2

387.4
127.0
260.4

389.9
128.2
261.7

390.0
127.4
262.7

391.5
127.8
263.6

393.0
128.7
264.4

30.2

31.9

33.7

32.4

24.5

32.6

38.2

39.1

Rest of the world . .
Addendum:

Addendum:
Gross domestic business product less
housing
..

1989

I

5,200.8 5,465.1 5,289.3 5,375.4 5,443.3 5,514.6 5,527.3 5,562.3
5,163.2 5,423.4 5,246.5 5,333.8 5,411.7 5,471.7 5,476.5 5,509.3

Gross national product
Gross domestic product
Business
Nonfarm .
Nonfarm less housing

I

Seasonally adjusted at annual rates

1991

1990

1989

Gross domestic business product less
housing

3,252 6

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

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