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December 1982

SURVEY OF CURRENT BUSINESS

11

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
r
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

Gross national product...

2,633.1

234.6
734.5
874.1

230.4
729.6
859.4

402.3

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

1,819.4

471.5

475.5

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

1,843.2

214.3
670.4
782.5

Durable goods
Nondurable goods
Services . . . .

2,937.7 2,901.8

1,667.2

Personal consumption expenditures

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

Seasonally adjusted at annual rates

1982

1980

II

III

IV

I

II

2,980.9

3,003.2

2,995.5

3,045.2

3,088.2

1,868.8 1,884.5 1,919.4

1,947.8

1,986.3

930.5

III

IV

I

II

III r

1,502.2

1,510.4

1,490.1

1,470.7

1,478.4

1,481.1

944.6

951.4

943.4

949.1

955.0

956.3

137.5
362.2
449.5

138.3
364.5
452.2

136.4
365.9
454.0

III r

947.6

241.2
741.3
886.3

1982

1981

1981

1,474.0 1,502.6

229.6
746.5
908.3

237.9
749.1
932.4

240.7
755.0
952.1

240.3
768.4
977.6

13Yl
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

486.0

468.9

414.8

431.5

443.3

208.4

225.8

229.5

233.4

218.9

195.4

202.3

206.3

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

438.6
344.2
141.3
203.0
94.3
88.7
2.4
3.2
4.7
3.7
1.0

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
-.6

202.9
163.4
53.0
110.4
39.5
36.6
1.0
1.9
3.4
2.9
.5

25.2

Exports
Imports
Government purchases of goods and services

26.1

23.7

25.9

23.5

31.3

34.9

6.9

50.6

42.0

44.2

39.2

36.5

36.9

35.7

27.5

339.2
314.0

Net exports of goods and services

367.3
341.3

368.9
345.1

367.2
341.3

367.9
344.4

359.9
328.6

365.8
330.9

349.5
342.5

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

147.5
120.0

538.4

596.9

583.2

600.2

626.3

630.1

630.9

651.7

284.6

287.1

283.9

286.4

291.3

289.2

285.3

291.1

197.2
131.4
65.8
341.2

Federal
National defense
Nondefense
State and local

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

259.0
182.7
76.3
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

116.2
80.6
35.5
174.9

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Billions of 1972 dollars

Billions of dollars

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

1980

II

2,633.1 2,937.7

Gross national product

1982

1981

1981

III

IV

2,901.8 2,980.9 3,003.2

I

II

2,995.5 3,045.2

1980

II

III

IV

I

II

III r

1,474.0 1,502.6

1,502.2

1,510.4

1,490.1

1,470.7

1,478.4

1,481.1

1,479.0
-5.0

1,493.7
9.0

1,490.1
12.1

1,493.9 1,485.3
16.5
4.8

1,486.1
15.4

1,482.7
-4.4

1,477.8
3.4

III'
3,088.2

2,643.1 2,917.3 2,877.2 2,949.1 2,989.9 3,031.1 3,061.4 3,083.5
-16.2
4.7
24.6
13.2 -35.6
-10.0
31.8
20.5

Final sales
Change in business inventories

1982

1981

1981

1,276.1 1,317.0 1,298.4

1,269.4

1,283.1 1,295.5

667.9

689.5

689.8

697.2

678.0

661.8

663.2

665.1

1,151.9
-10.0

1,268.7
20.5

1,251.4
24.6

1,305.0
356

1,299.3
-16.2

1,290.7
4.7

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

661.7
3.4

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

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
786.7
-9.6

516.9
506.8
10.1
778.6
783.9
-5.4

288.3
290.8
-2.6
379.7
382.1
-2.4

293.1
289.3
3.8
396.3
391.2
5.1

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
396.8
398.5
-1.7

272.3
274.9
-2.6
390.9
392.6
-1.7

274.0
269.2
4.8
391.1
392.5
-1.5

Services
Structures

1,225.5 1,364.3
265.7
284.2

1,340.2
285.6

1,382.1 1,421.5
281.9
283.3

1,444.4
281.7

1,476.7
285.3

1,509.5
283.2

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

703.6
112.5

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

2,607.9 2,911.7
2,617.9 2,891.2

2,878.1 2,955.0 2,979.7 2,964.2 3,010.3
2,853.5 2,923.2 2,966.5 2,999.8 3,026.5

3,081.3
3,076.6

1,423.4
1,428.4

1,460.6
1,451.6

1,458.0
1,445.9

1,471.2
1,454.7

1,453.6
1,448.8

1,433.8
1,449.2

1,442.6
1,447.0

1,453.7
1,450.3

1,141.9 1,289.2

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

...

1,285.1 1,285.2
31.8
13.2
547.3
527.5
19.8
769.7
757.6
12.0

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




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