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SURVEY OF CURRENT BUSINESS

November 1982

Selected National Income and Product Accounts Tables
New estimates in this issue: Third quarter 1982, 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
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 dollars

Billions of 1972 dollars

Seasonally adjusted at annual rates

1980

1981

1981
II

Seasonally adjusted at annual rates

1982

1980

III

IV

I

II

1981

1981

IIIr

1982

II

III

IV

I

II

IIIr

Gross nations! product

2,633.1

2,937.7 2,901.8

2,980.9

3,003.2

2,995.5

3,045.2

3,080.7

1,502.2

1,510.4

1,490.1

1,470.7

1,478.4

1,478.4

Personal consumption expenditures

1,667.2

1,843.2

1,819.4

1,868.8 1,884.5

1,919.4

1,947.8

1,987.5

930.5

947.6

944.6

951.4

943.4

949.1

955.0

957.7

214.3
670.4
782.5

234.6
734.5
874.1

230.4
729.6
859.4

240.7
755.0
952.1

240.1
767.9
979.5

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

136.5
365.8
455.4

402.3

471.5

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

451.1
346.1
129.7
216.4
104.9
99.7
2.1
3.2
20.5
15.0
5.5

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

241.2
741.3
886.3

229.6
746.5
908.3

237.9
749.1
932.4

475.5

486.0

468.9

414.8

431.5

441.3

208.4

225.8

229.5

233.4

218.9

195.4

202.3

205.0

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

438.4
341.2
139.1
202.1
97.2
91.3
2.7
3.2
2.9
2.9
.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
-15.4
-15.6
2

206.7
166.7
53.7
113.0
40.1
37.0
1.1
1.9
-4.4
-3.8
-0.6

202.6
162.0
52.1
109.9
40.7
37.7
1.1
1.9
2.3
2.3
.0

25.2

Federal
National defense. . . .
Nondefense
State and local

25.9

23.5

31.3

34.9

2.7

50.6

42.0

44.2

39.2

36.5

36.9

35.7

25.7

368.9
345.1

367.2
341.3

367.9
344.4

359.9
328.6

365.8
330.9

347.0
344.2

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

146.6
120.9

596.9

583.2

600.2

626.3

630.1

630.9

649.2

284.6

287.1

283.9

286.4

291.3

289.2

285.3

290.0

197.2
131.4
65.8
341.2

Government purchases of goods and services

23.7

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

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

256.4
182.2
74.3
392.7

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

115.1
80.5
34.6
174.9

1,470,7

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
2,633.1

Gross national product

2,937.7

2,901.8

2,980.9 3,003.2

2,995.5

3,045.2 3,080.7

2,643.1 2,917.3 2,877.2 2,949.1 2,989.9 3,031.1 3,061.4
13.2 -35.6
246
318
-162
205
-100

Final sales
..
Change in business inventories

1,141.9

Goods

1,289.2

1,474.0

1,502.6

1,502.2

1,510.4

1,490.1

1,478.4

1,478.4

3,077.8
2.9

1,479.0
-50

1,493.7
90

1,490.1
12 1

1,493.9
165

1,4853 1 486 1 1,482 7
154
44
48

1 4760
23

1,276.1

1,317.0

1,298.4

1,269.4

1,283.1

1,285.8

667.9

689.5

689.8

697.2

6780

661 8

6632

660 5

1,285.1 1,285.2
13.2
31.8

1,305.0
-35.6

1,299.3
-16.2

1,282.9
2.9

672.9
-5.0

680.5
9.0

677.7
12.1

6807
16.5

6732
4.8

677 2
-15.4

667 5
-4.4

6582
2.3

Final sales
Change in business inventories

1,151.9
-10.0

1,268.7
20.5

1,251.4
24.6

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
7494
11.7

538.2
519.7
18.5
737.8
731 7
6.1

547.3
527.5
19.8
769.7
7576
12.0

504.9
510.5
-5.6
793.6
774.7
18.9

482.4
513.2
-30.9
787.0
791.8
-4.8

505.9
512.6
-6.6
777 2
7867
-9.6

512.4
502.9
9.5
7734
780.0
-6.6

288.3
290.8
-2.6
3797
382 1
-2.4

293.1
289.3
3.8
3963
391 2
5.1

299.6
290.5
9.1
3903
387 2
3.0

298.8
2902
8.6
3984
390 5
79

275.1
2776
-2.5
4029
395 6
73

2650
2787
-13.7
3968
398 5
-1 7

2723
2749
-2.6
3909
392 6
-1 7

271.7
267 2
4.4
388 9
391 0
21

1,364.3 1,340.2
284.2
285.6

1,382.1
281.9

1,421.5
283.3

1,444.4
281.7

1,476.7
285.3

1,511.1
283.8

687.1
118.9

695.6
117 6

693.2
119 2

697.5
115 7

698.6
113 4

697.0
111 9

702.2
113 0

705.2
112 7

2,955.0 2,979.7 2,964.2 3,010.3
2,923.2 2,966.5 2,999.8 3,026.5

3,078.0
3,075.1

1,423.4
1,428.4

....

Services
Structures

1,225.5
265.7

Addenda:
Gross domestic purchases!
Final sales to domestic purchasers J

26079 2,911.7 2,878.1
2,617.9 2,891.2 2,853.5

1 4606 1 4580 1 471 2 1 4536 1 433 8 1 4426 1 452 6
1,451.6 1,445.9 1,454.7 1,448.8 1,449.2 1,447.0 1,450 3

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

2,901.8 2,980.9 3,003.2 2,995.5 3,045.2 3,080.7

1,474.0

1,502.6

1,502.2

1,510.4

1,490.1

1,470.7

1,478.4

1,478.4

2,587.0
2,228.8
2,159.5
1,951.0
208.5
65.4
3.9
85.4
6.6
78.8
272.8
82.9
189.9
46.1

2,888.5
2,492.4
2,418.5
2,188.9
229.6
75.8
-1.9
96.4
7.0
89.4
299.7
92.3
207.4
49.2

2,855.2
2,463.9
2,394.6
2,167.8
226.8
73.9
-4.6
95.2
7.0
88.2
296.2
90.5
205.6
46.6

3,033.0
2,601.3
2,532.0
2,279.8
252.3
76.1
-6.8
107.9
7.1
100.8
323.8
99.1
224.7
47.7

1,447.9
1,246.7
1,210.3
1,080.7
129.6
34.2
2.2
45.8
3.4
42.4
155,4
49.5
105.9
26.1

1,477.2
1,274.3
1,236.8
1,105.5
131.4
38.4
-.9
46.9
3.3
43.6
156.0
49.7
106.3
25.4

1,477.8

1,485.0
1,282.4
1,241.9
1,110.6
131.3
40.9
-.4
46.7
3.3
43.5
155.9
49.8
106.1
25.4

1,463.3
1,260.2
1,221.5
1,089.9
131.6
42.3
-3.6
47.4
3.2
44.1
155.8
49.8
106.0
26.7

1,448.0

1,454.1
1,250.5
1,212.2
1,079.5
132.6
38.0
.4
47.9
3.1
44.8
155.7
49.8
105.9
24.2

1,455.3
1,252.2
1,215.7
1,082.6
133.1
39.7
-3.3
48.0
3.1
44.9
155.2
49.8
105.4
23.1

1,115.4

1,141.4

2,012.0 2,253.5

2,931.2
2,533.9
2,454.7
2,223.0
231.7
80.1
-.8
97.1
7.1
90.1
300.1
91.0
209.2
49.7

2,949.8
2,538.6
2,467.4
2,229.9
237.4
78.4
-7.2
100.3
7.1
93.3
310.9
97.9
213.0
53.3

2,949.6
2,530.6
2,465.1
2,222.8
242.3
72.9
-7.5
103.3
7.1
96.2
315.8
98.6
217.1
45.8

2,995.7
2,570.1
2,494.4
2,247.9
246.5
74.8
.8
105.3
7.1
98.2
320.3
98.9
221.4
49.5

1,274.8
1,240.9
1,109.6
131.3
36.3
-2.4
46.7
3.3
43.4
156.2
49.7
106.5
24.4

1,244.4
1,210.0
1,077.9
132.0
38.1
-3.7
47.8
3.1
44.7
155.7
49.8
106.0
22.7

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