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SURVEY OF CURRENT BUSINESS

8

October 1982

National Income and Product Accounts Tables
New estimates in this issue: Third quarter 1982, preliminary.
The tables that follow are presented in eight groups, and the table numbers reflect these groups. The same numbers are used in other
publications presenting national income and product account estimates. The groups are:
5. Saving and investment
6. Product and income by industry
7. Implicit price deflators and price indexes
8. Supplementary table: Percent change from preceding period for
selected items

1. National product and income
2. Personal income and outlays
3. Government receipts and expenditures
4. Foreign transactions

The abbreviations used in the tables are: CCAdj Capital consumption adjustment
IVA
Inventory valuation adjustment
NIPA's 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
II

III

IV

I

II

1980

1981

1981

1982

II

III"

HI

IV

I

II

m»

Gross national product

2,633.1

2,937.7 2,901.8 2,980.9 3,003.2 2,995.5 3,045.2 3,091.4

1,502.2

1,510.4

1,490.1

1,470.7

1,478.4

1,481.2

Personal consumption expenditures

1,667.2

1,843.2

1,819.4

1,868.8

1,884.5

1,919.4

1,947.8

1,989.5

930.5

947.6

944.6

951.4

943.4

949.1

955.0

958.4

214.3
670.4
782.5

234.6
734.5
874.1

230.4
729.6
859.4

241.2
741.3
886.3

229.6
746.5
908.3

237.9
749.1
932.4

240.7
755.0
952.1

240.6
770.8
978.1

137.1
355.8
437.6

140.0
362.4
445.2

138.6
361.7
444.3

142.2
363.0
446.2

134.1
363.1
446.2

137.5
362.2
449.5

138.3
364.5
452.2

136.8
366.9
454.6

402.3

471.5

475.5

486.0

468.9

414.8

431.5

438.5

208.4

225.8

229.5

233.4

218.9

195.4

202.3

202.1

412.4
309.2
110.5
198.6
103.2
98.3
1.9
3.0
-10.0
-5.7
43

451.1
346.1
129.7
216.4
104.9
99.7
2.1
3.2
20.5
15.0
5.5

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

447.7
352.2
143.6
208.6
95.5
89.6
2.8
3.2
-16.2
-15.0
-1.2

439.0
341.6
140.5
201.0
97.4
91.4
2.7
3.2
-.5
-.5
0

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

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
-15.5
-15.6
.2

206.7
166.7
53.7
113.0
40.1
37.0
1.1
1.9
-4.4
-3.8
6

201.4
161.0
52.5
108.5
40.5
37.5
1.1
1.9
.7
.6
0

Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm

1,474.0 1,502.6

Government purchases of goods and services
Federal
National defense
Nondefen.se
State and local

26.1

23.7

25.9

23.5

31.3

34.9

13.2

50.6

42.0

44.2

39.2

36.5

36.9

35.7

30.7

367.3
341.3

368.9
345.1

367.2
341.3

367.9
344.4

359.9
328.6

365.8
330.9

356.6
343.4

159.2
108.6

158.5
116.4

159.7
115.5

157.8
118.7

156.9
120.4

151.7
114.7

154.4
118.7

150.2
119.5

538.4

596.9

583.2

600.2

626.3

630.1

630.9

650.2

284.6

287.1

283.9

286.4

291.3

289.2

285.3

290.0

197.2
131.4
65.8
341.2

Exports
Imports

25.2
339.2
314.0

Net exports of goods and services

228.9
153.7
75.2
368.0

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

244.3
176.2
68.2
386.6

257.5
183.7
73.9
392.6

106.5
70.1
36.4
178.1

110.4
73.5
36.8
176.7

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

110.3
78.2
32.1
175.0

115.3
80.9
34.4
174.7

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Billions of dollars

Billions of 1972 dollars

Seasonally adjusted at annual rates

1980

1981

1981
II

Gross national product
Final sales
Change in business inventories
Goods

2,633.1

2,937.7

2,901.8

III

Seasonally adjusted at annual rates

1982
IV

2,980.9 3,003.2

I

1,141.9

1,289.2

1,276.1

1,317.0

1,298.4

Final sales
Change in business inventories

1,151.9
-10.0

1,268.7
20.5

1,251.4
24.6

1,285.1
31.8

1,285.2 1,305.0
13.2
356

1,269.4

Durable goods
.
Final sales
Change in business inventories
Nondurable goods
Final sales.
Change in business inventories

477.3
482.5
-5.2
664.6
669.4
-4.8

528.1
519.4
8.7
761.1
749.4
11.7

538.2
519.7
18.5
737.8
731.7
6.1

547.3
527.5
19.8
769.7
757.6
12.0

482.4
513.6
309
787.0
791.8
-4.8

1981
III

IV

I

II

III"

1,510.4

1,490.1

1,470.7

1,478.4

1,481.2

1,486.1 1,482.7
154
44

1,480.6
.7

1,474.0 1,502.6

1,502.2

3,C61.4 3,091.8
-16.2
-.5

1,479.0
-5.0

1,493.7
9.0

1,490.1 1,493.9 1,485.3
12.1
16.5
4.8

1,283.1 1,297.8

667.9

689.5

689.8

697.2

678.0

661.8

663.2

664.9

1,299.3
162

1,298.3
5

672.9
-5.0

680.5
9.0

677.7
12.1

680.7
16.5

673.2
4.8

677.2
-15.4

667.5
-4.4

664.2
.7

505.9
512.6
-6.6
777.2
786.7
-9.6

509.5
508.2
1.3
788.3
790.1
1.7

288.3
290.8
-2.6
379.7
382.1
24

293.1
289.3
3.8
396.3
391.2
5.1

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
25
402.9
395.6
7.3

265.0
278.7
13 7
396.8
398.5
-1.7

272.3
274.9
-2.6
390.9
392.6
-1.7

270.4
269.5
.9
394.5
394.7
2

695.6
117.6

693.2
119.2

697.5
115.7

698.6
113.4

697.0
111.9

702.2
113.0

704.0
112.4

1,460.6 1,458.0
1,451.6 1,445.9

1,471.2
1,454.7

1,453.6 1,433.8 1,442.6
1,448.8 1,449.2 1,447.0

1,450.5
1,449.8

1,225.5
265.7

1,382.1 1,421.5 1,444.4 1,476.7 1,508.9
281.9
283.3
281.7
285.3
284.7

687.1
118.9

Addenda:
Gross domestic purchases 1
Final sales to domestic purchasers l

2,607.9 2,911.7 2,878.1 2,955.0 2,979.7 2,964.2 3,010.3 3,078.2
2,617.9 2,891.2 2,853.5 2,923.2 2,966.5 2,999.8 3,026.5 3,078.6

1,423.4
1,428.4

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




1982

II

Services
Structures

1,364.3 1,340.2
284.2
285.6

1981

III"

2,995.5 3,045.2 3,091.4

2,643.1 2,917.3 2,877.2 2,949.1 2,989.9 3,031.1
100
20.5
24.6
31.8
13.2
-35.6

504.9
510.5
56
793.6
774.7
18.9

II

1980

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