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SURVEY OF CURRENT BUSINESS

August 1982

Selected National Income and Product Accounts Tables
The abbreviations used in the tables are:

CCAdj
IVA
NIPA's
p

r

Capital consumption adjustment
Inventory valuation adjustment
National income and product accounts
Preliminary
Revised

The NIPA estimates for 1929-76 are in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables (Stock
No. 003-010-00101-1, price $10.00). Estimates for 1977-81 and corrections for earlier years are in the July 1982 SURVEY. These publications are
available from the Superintendent of Documents and Commerce Department District Offices; see addresses inside front cover.
Table 1.1-1.2.—Gross National Product in Current and Constant Dollars
Billions of 1972 dollars

Billions of dollars

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

1980

1982

1981

1981

1980

I

II

HI

IV

I

1981

1981

11 r

1982

I

II

III

IV

I

II r

Gross national product

2,633.1

2,937.7

2,864.9

2,901.8

2,980.9

3,003.2

2,995.5

3,041.2

1,474.0

1,502.6

1,507.8

1,502.2

1,510.4

1,490.1

1,470.7

1,475.3

Personal consumption expenditures

1,667.2

1,843.2

1,799.9

1,819.4

1,868.8

1,884.5

1,919.4

1,945.8

930.5

947.6

951.1

944.6

951.4

943.4

949.1

953.8

214.3
670.4
782.5

234.6
734.5
874.1

236.9
720.6
842.4

230.4
729.6
859.4

241.2
741.3
886.3

229.6
746.5
908.3

237.9
749.1
932.4

240.2
755.0
950.6

137.1
355.8
437.6

140.0
362.4
445.2

145.3
361.6
444.2

138.6
361.7
444.3

142.2
363.0
446.2

134.1
363.1
446.2

137.5
362.2
449.5

138.0
364.6
451.2

Durable goods
Nondurable goods
Services
..

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

402.3

471.5

455.7

475.5

486.0

468.9

414.8

429.7

208.4

225.8

221.6

229.5

233.4

218.9

195.4

201.0

412.4
309.2
110.5
198.6
103.2
98.3
1.9
3.0
-10.0
-5.7
-4.3

Gross private domestic investment

451.1
346.1
129.7
216.4
104.9
99.7
2.1
3.2
20.5
15.0
5.5

443.5
330.0
119.6
210.4
113.6
109.1
1.3
3.2
12.2
10.0
2.2

450.9
341.3
127.0
214.3
109.5
104.7
1.6
3.2
24.6
19.3
5.3

454.2
353.0
132.7
220.2
101.2
95.6
2.4
3.2
31.8
24.6
7.2

455.7
360.2
139.6
220.6
95.5
89.4
2.9
3.2
13.2
6.0
7.2

450.4
357.0
141.4
215.6
93.4
87.9
2.4
3.1
-35.6
-36.0
.4

447.0
351.9
143.9
208.0
95.2
89.2
2.8
3.2
-17.4
-16.2
-1.2

213.3
166.1
48.5
117.6
47.2
44.3
.8
2.0
-5.0
-2.9
-2.1

216.9
172.0
51.6
120.4
44.9
42.1
.9
2.0
9.0
6.8
2.1

219.2
169.7
49.5
120.1
49.6
47.0
.6
2.0
2.4
2.0
.4

217.4
170.1
51.0
119.1
47.3
44.6
.7
2.0
12.1
10.2
1.9

216.9
173.9
52.5
121.4
42.9
39.9
1.0
2.0
16.5
13.6
3.0

214.1
174.2
53.3
120.9
39.9
36.7
1.2
2.0
4.8
1.6
3.2

210.8
172.0
53.5
118.5
38.9
36.0
1.0
1.9
-15.4
-15.6
.2

206.3
166.4
53.8
112.6
39.9
36.9
1.2
1.9
-5.3
-4.7
-.6

25.2

Federal
National defense
Nondefense
State and local

23.7

25.9

23.5

31.3

35.1

50.6

42.0

48.2

44.2

39.2

36.5

36.9

35.7

365.4
334.2

368.9
345.1

367.2
341.3

367.9
344.4

359.9
328.6

365.3
330.2

159.2
108.6

158.5
116.4

159.3
111.1

159.7
115.5

157.8
118.7

156.9
120.4

151.7
114.7

154.0
118.3

596.9

578.1

583.2

600.2

626.3

630.1

630.6

284.6

287.1

286.8

283.9

286.4

291.3

289.2

284.7

197.2
131.4
65.8
341.2

Government purchases of goods and services

31.2

367.3
341.3

538.4

Exports
Imports

26.1

339.2
314.0

Net exports of goods and services

228.9
153.7
75.2
368.0

217.0
143.1
73.9
361.1

218.2
150.5
67.7
365.0

230.0
154.4
75.7
370.1

250.5
166.9
83.6
375.7

249.7
166.2
83.5
380.4

244.5
176.1
68.5
386.0

106.5
70.1
36.4
178.1

110.4
73.5
36.8
176.7

107.9
71.0
36.9
179.0

107.0
72.9
34.1
176.9

110.7
74.3
36.5
175.7

116.0
76.1
39.9
175.3

114.4
74.5
39.8
174.9

109.8
77.6
32.2
174.9

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
2,901.8

2,980.9

3,041.2

1,474.0

1,502.6

1,507.8

1,502.2

1,510.4

1,490.1

1,470.7

1,475.3

2,917.3 2,852.7
122
205

2,877.2
246

2,949.1 2,989.9 3,031.1 3,058.5
174
356
132
31 8

1,479.0
50

1,493.7
90

1,505.4
24

1,490.1 1,493.9
165
12 1

1,485.3
48

1,486.1
154

1,480.6
53

1,141.9

1,289.2

1,276.1

1,317.0

2,633.1 2,937.7

Final sales
Goods

. .

1,265.3

1 1519 1,268 7 1,253 1 1,251.4
122
246
100
205

Final sales
Change in business inventories

3,003.2

2,995.5

1,298.4

1,269.4

1,284.9

667.9

689.5

692.8

689.8

697.2

678.0

661.8

663.2

1,285 1 1,285.2
132
31 8

1,305.0
-35.6

1,302.2
-17.4

672.9
-50

680.5
90

690.4
2.4

677.7
12 1

680.7
165

673.2
48

677.2
154

668.5
53

.

Addenda:
Gross domestic purchases l
Final sales to domestic purchasers *

528 1
519.4
8.7
761 1
749.4
11.7

5220
519.8
2.2
743.3
733.3
10.0

5382
519.7
18.5
737.8
731.7
6.1

5473
527.5
19.8
7697
757.6
12.0

5049
510.5
-5.6
793.6
774.7
18.9

482.4
513.2
-30.9
787.0
791.8
-4.8

505.4
513.3
-8.0
779.5
788.9
-9.4

288.3
290.8
-2.6
379.7
382.1
-2.4

293.1
289.3
3.8
396.3
391.2
5.1

298.9
298.9
.1
393.8
391.5
2.3

299.6
290.5
9.1
390.3
387.2
3.0

298.8
290.2
8.6
398.4
390.5
7.9

275.1
277.6
-2.5
402.9
395.6
7.3

265.0
278.7
-13.7
3968
398.5
-1.7

271 8
275.1
-3.3
3914
393.4
-20

1,364.3
284.2

1,313.5
286.1

1,340.2
285.6

1,382.1
281.9

1,421.5
283.3

1,444.4
281.7

1,470.7
285.6

687.1
118.9

695.6
117.6

693.1
121.9

693.2
119.2

697.5
115.7

698.6
113.4

697.0
111.9

698.9
113.2

2,607.9
2,617 9

....

4773
482.5
-5.2
6646
669.4
-4.8
1,225.5
265.7

Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services
Structures

2,864.9

2,643.1
100

Gross national product

2,911.7
2,891 2

2,833.8
2,821.6

2,878.1
2,853.5

2,955.0
2,923.2

2,979.7
2,966.5

2,964.2 3,006.1
2,999.8 3,023.4

1,423.4
1,428.4

1,460.6
1,451.6

1,459.6
1,457.2

1,458.0
1,445 9

1,471.2
1,454 7

1,453.6
1,448 8

1,433.8
14492

1,439.5
14448

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

Table 1.5-1.6.—Gross National Product by Sector in Current and Constant Dollars
Gross national product
Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
Government
Federal
State and local
Rest of the world
Addendum:
Gross domestic business product less housing




2 633 1 2 937 7 2 864 9 2 901 8 2 980 9 3 003 2 2 995 5 3 041 2
2 587 0
22288
2,159 5
1951 0
2085
654
39
85.4
66
78.8
2728
829
1899
46.1

2 888 5
24924
24185
2 1889
2296
758
19
964
70
894
2997
923
2074
492

2,012.0

2,253.5

2 817 9
24334
23575
2 1349
2226
708
51
929
70
859
291 6
89 9
2017
47 1

2 855 2
24639
23946
2 1678
2268
739
46
952
70
882
2962
90 5
2056
466

2 931 2
25339
24547
2 223 0
231 7
80 1
8
97 1
71
90 1
300 1
91 0
2092
49 7

2 949 8
25386
2*4674
2 229 9
2374
78 4
72
1003
71
933
3109
97 9
213 0
53 3

2 949 6
25306
2465 1
22228
2423
72 9
75
1033
71
962
3158
98 6
217 1
45 8

2 992 8
25672
24950
2 248 5
2465
75 4
33
1053
71
982
320 3
98 9
221 4
48 4

1 474 0 1 502 6 1 507 8 1 502 2 1 510 4 1 490 1 1 470 7
1 447 9
1 246 7
1 2103
1 080 7
1296
34 2
22
458
34
424
1554
49 5
105 9
26 1

1 477 2
1 274 3
1 2368
1 105 5
131 4
38 4
9
469
33
43 6
156 0
49 7
106 3
25 4

1,115.4

1,141.4

1 482 8
1 279 7
1 242 9
1 111 6
131 3
34 1
27
46 8
34
43 4
1563
49 6
106 8
25 0

1 477 8
1*274*8
1 240 9
1 109 6
131 3
36 3
24
46 7
33
43 4
156 2
49 7
106 5
24 4

1 485 0
1 282 4
1 241 9
1 110 6
131 3
40 9
4
46 7
33
43 5
155 9

1 463 3
1 260 2
1 221 5
1 089 9
131 6
42 3
36
47 4
32
44 1
155 8

106 1
25 4

106 0
26 7

4Q 8

AQ 8

1 d.7^ Q

1 dift ft •I JK-I <J
1 244 4 1 248 0
1 210 0 1*211 3
1 077 9 i r»7Q 7
'l32 0
132 6
qo q
38 1
37
16
47 8
48 0
qi
31
44 7
44 9
1 ^ fi
155 7
AQ 8

106 0
22 7

AQ Q
1 C\*\ 8

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