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6

May 1983

SURVEY OF CURRENT BUSINESS

Selected National Income and Product Accounts Tables
New estimates in this issue: First quarter 1983, 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
1981

1982

1981

1982

IV

Seasonally adjusted at annual rates
1983

III

1981

1982

1982

1981

IV

1983
III

IV

IV

Gross national product..

2,937.7

3,059.3

3,003.2

2,995.5

3,045.2

3,088.2

3,108.2

3,170.9

1,502.6 1,476.9

1,490.1

1,470.7

1,478.4

1,481.1

1,477.2

Personal consumption expenditures...

1,843.2

1,971.1

1,884.5

1,919.4

1,947.8

1,986.3

2,030.8

2,054.2

956.9

943.4

949.1

955.0

956.3

967.0

240.3
768.4
977.6

251.8
775.7

257.3
776.8

1,003.3

1,020.0

138.8
365.0
453.1

134.1
363.1
446.2

137.5
362.2
449.5

138.3
364.5
452.2

136.4
365.9
454.0

142.8
367.6
456.6

391.5

421.3

234.6
734.5
874.1

242.7
762.1
966.3

229.6
746.5
908.3

237.9
749.1
932.4

240.7
755.0
952.1

471.5

420.3

468.9

414.8

431.5

443.3

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

451.1
346.1
129.7
216.4
104.9
99.7
2.1
3.2
20.5
15.0
5.5

444.1
348.0
141.5
206.5
96.2
90.5
2.5
3.2
-23.8
-24.3
.5

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

Net exports of goods and services...

26.1
367.3
341.3

20.5

23.5

31.3

34.9

6.9

350.8
330.3

367.9
344.4

359.9
328.6

365.8
330.9

596.9

647.4

626.3

630.1

228.9
153.7
75.2
368.0

257.9
178.6
79.3
389.4

250.5
166.9
83.6
375.7

249.7
166.2
83.5
380.4

Durable goods
Nondurable goods
Services
Gross private domestic investment

Exports
Imports
Government purchases of goods and services
Federal
National defense
Nondefense
State and local

140.0
362.4
445.2
225.8

196.9

218.9

195.4

202.3

206.3

183.5

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

206.1
165.7
53.1
121.4
40.3
37.4
1.0
1.9
-9.2
-9.4
.2

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

203.8
160.9
52.3
108.6
42.9
40.0
1.0
1.9
-20.3
-21.1
.8

458.6
338.1
137.4
200.7
120.5
114.8
2.4
3.3
-37.3
-36.6
-.7
19.0
331.9
312.9

42.0

31.8

36.5

36.9

35.7

27.5

27.2

349.5
342.5

439.9
338.4
139.6
198.8
101.4
95.7
2.5
3.2
-48.3
-50.0
1.7
9.1
328.1
319.1

158.5
116.4

148.1
116.3

156.9
120.4

151.7
114.7

154.4
118.7

147.5
120.0

138.8
111.6

630.9

651.7

676.8

676.4

287.1

291.3

291.3

289.2

285.3

291.1

299.5

244.3
176.2
68.2
386.6

259.0
182.7
76.3
392.7

278.7
189.3
89.4
398.0

274.0
192.9
81.1
402.5

110.4
73.5
36.8
176.7

116.4
78.6*
37.8
174.9

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

124.7
81.0
43.7
174.8

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
2,937.7

Final sales
Change in business inventories

3,059.3

3,003.2

2,995.5

3,045.2

3,088.2

3,108.2

3,170.9

1,502.6

1,476.9

1,490.1

1,470.7

1,478.4

1,481.1

1,477.2

1,486.2

2 917 3
20 5

Gross national product

3,083.1
-23.8

2,989.9
13.2

3,031.1
-35.6

3,061.4
-16.2

3,083.5
4.7

3,156.5
-48.3

3,208.2
-37.3

1,493.7
9.0

1,486.0
-9.2

1,485.3
4.8

1,486.1
-15.4

1,482.7
-4.4

1,477.8
3.4

1,497.5
-20.3

1,502.3
-16.1

1,289.2

1,280.4

1,298.4

1,269.4

1,283.1

1,295.5

1,273.5

1,298.9

689.5

661.3

678.0

661.8

663.2

665.1

655.3

658.5

Final sales
Change in business inventories

1,268.7
20.5

1,304.2
-23.8

1,285.2
13.2

1,305.0
-35.6

1,299.3
-16.2

1,290.7
4.7

1,321.8
-48.3

1,336.2
-37.3

680.5
9.0

670.5
-9.2

673.2
4.8

677.2
-15.4

667.5
-4.4

661.7
3.4

675.6
-20.3

674.6
-16.1

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

528.1
519.4
8.7
761.1
749.4
11.7

493.3
512.2
-18.9
787.1
792.0
-4.9

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

467.9
516.2
-48.3
805.7
805.6
0

482.3
518.6
-36.3
816.6
817.6
-1.0

293.1
289.3
3.8
391.2
391.2
5.1

266.1
274.0
-7.9
395.3
396.5
-1.3

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

253.0
273.1
-20.1
402.3
402.5
-.2

260.8
275.7
-14.9
397.7
398.9
-1.2

Services
Structures

1,364.3
284.2

1,494.4
284.5

1,421.5
283.3

1,444.4
281.7

1,476.7
285.3

1,509.5
283.2

1,547.0
287.7

1,567.6
304.5

695.6
117.6

702.4
113.1

698.6
113.4

697.0
111.9

702.2
113.0

703.6
112.5

707.0
114.9

706.6
121.0

Addenda:
Gross domestic purchases x
Final sales to domestic p u r c h a s e r s l

2,911.7
2,891.2

3,038.8
3,062.6

2,979.7
2,966.5

2,964.2
2,999.8

3,010.3
3,026.5

3,081.3
3,076.6

3,099.2 3,151.9
3,147.5 3,189.2

1,460.6
1,451.6

1,445.0
1,454.2

1,453.6
1,448.8

1,433.8
1,449.2

1,442.6
1,447.0

1,453.7
1,450.3

1,449.9
1,470.2

1,462.7
1,478.8

Goods

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..




2,937.7

3,059.3

3,003.2

2,995.5

3,045.2

3,088.2

3,108.2 3,170.9

1,502.6

1,476.9

1,490.1

1,470.7

1,478.4

1,481.1

1,477.2

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

3,011.6
2,582.1
2,504.9
2,255.2
249.7
75.6
1.7
106.8
7.1
99.6
322.7
99.8
222.9
47.7

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

3,041.6
2,610.0
2,530.2
2,278.0
252.3
76.1
3.6
107.9
7.1
100.8
323.8
99.1
224.7
46.6

3,059.2
2,617.8
2,529.7
2,272.0
257.7
78.4
9.7
110.6
7.2
103.4
330.9
102.4
228.4
49.0

1,447.2
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

1,453.6
1,250.1
1,209.3
1,076.4
132.8
40.1
.8
48.1
3.1
45.0
155.4
49.8
105.6
23.2

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
1,244.4
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

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

1,458.6
1,255.4
1,214.4
1,081.3
133.1
39.3
1.7
48.0
3.1
44.9
155.2
49.8
105.4
22.5

1,453.7
1,249.9
1,200.4
1,066.9
133.5
44.8
4.6
48.6
3.1
45.5
155.2
49.9
105.3
23.4

2,253.5

3,125.6
2,677.8
2,597.4
2,334.8
262.5
76.5
3.9
111.9
7.2
104.8
335.9
103.6
232.3
45.3

1,141.4

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