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SURVEY OF CURRENT BUSINESS

January 1984

15

National Income and Product Accounts Tables
New estimates in this issue: Fourth Quarter and annual 1983, preliminary.
The abbreviations used in the tables are: CCAdj Capital consumption adjustment
IVA
Inventory valuation adjustment
NIPA's National income and product accounts
Preliminary
P
Revised
r
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 1977-79 and corrections for earlier years are in the July 1982 SURVEY; estimates for 1980-82
and corrections for earlier years are in the July 1983 SURVEY. Summary NIPA Series, 1950-82, are in the October 1983 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

1982

1982

1983 P
III

Gross national product.

1982

1983
IV

I

III

II

III

IV"

3,073.0 3,309.5 3,090.7 3,109.6 3,171.5 3,272.0 3,362.2 3,432.0 1,485.4 1,534.8

Personal consumption expenditures
Durable goods
Nondurable goods
Services

1,991.9 2,158.6 2,008.8 2,046.9 2,073.0 2,147.0 2,181.1 2,233.1
244.5
278.6
761.0
804.3
986.4 1,075.7

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

1982

1983 P

243.4
277.7
282.8
295.2
258.5
252.1
773.0
799.6
814.8
825.9
777.1
766.6
998.9 1,021.8 1,037.4 1,069.7 1,083.5 1,112.0

1983
IV

I

III

II

IV"

1,485.7 1,480.7 1,490.1 1,525.1 1,553.4 1,570.5

970.2 1,011.4

971.0

979.6

986.7 1,010.6 1,016.0 1,032.2

139.8
364.2
466.2

138.2
364.7
468.2

143.2
366.0
470.4

145.8
368.9
472.0

178.4

190.0

156.0
, 376.3
479.2

414.5

471.3

425.3

377.4

404.1

450.1

501.1

529.8

194.5

218.4

198.4

439.1
348.3
141.9
206.4
90.8
86.0
1.5
3.2
245
-23.1
14

478.2
347.7
131.4
216.3
130.5
125.5
1.5
3.6
-6.9
-1.2
-5.7

430.2
342.3
140.0
202.2
87.9
83.4
1.3
3.3
49
-2.3
-2.6

433.8
337.0
138.6
198.4
96.8
91.2
2.3
3.3
-56.4
-53.7
-2.7

443.5
332.1
132.9
199.3
111.3
106.7
1.3
3.4
-39.4
-39.0
-.4

464.6
336.3
127.4
208.8
128.4
123.3
1.5
3.5
-14.5
-10.3
-4.2

492.5
351.0
130.9
220.2
141.5
136.3
1.6
3.6
8.5
18.4
-9.9

512.1
371.2
134.5
236.8
140.8
135.6
1.6
3.7
17.7
26.0
-8.3

203.9
166.1
53.4
112.7
37.8
35.2
.6
1.9
-9.4
-8.6
-.8

220.7
168.0
49.8
118.2
52.7
50.1
.6
2.1
-2.4
.5
-2.9

199.8
163.3
53.0
110.3
36.5
34.1
.5
1.9
1.3
.1
-1.4

201.1
205.4
160.5
159.9
52.2
50.3
108.3
109.6
40.6
45.5
37.8
43.0
.9
.5
1.9
2.0
-22.7 -15.4
21 1 -15.1
-1.6
-.3

156.5
374.7
479.4

157.9
378.1
480.1

163.6
383.3
485.3

210.0

230.7

242.5

215.6
163.0
48.3
114.7
52.6
50.0
.6
2.1
-5.4
33
-2.1

227.0
170.1
49.6
120.5
56.8
54.1
.6
2.1
3.8
8.8
-5.0

235.0
178.9
50.8
128.1
56.1
53.3
.6
2.1
7.5
11.7
-4.2

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

5.6

17.0

-8.5

-18.3

-32.6

28.9

11.7

24.0

23.0

20.5

12.3

11.4

2.5

335.8
346.4

346.0
345.0

321.6
316.1

326.9
309.9

327.1
335.6

341.1
359.4

348.1
380.7

147.3
118.4

138.9
127.2

146.4
122.4

136.5
113.5

137.3
116.8

136.2
123.9

140.7
129.2

141.5
139.0

649.2

690.2

655.7

679.7

677.4

683.4

698.3

701.7

291.8

293.3

292.2

299.7

292.9

292.1

295.2

293.2

258.7
179.4
79.3
390.5

Exports
Imports

.9

347.6
330.2

Net exports of goods and services

275.2
200.3
74.9
415.0

261.7
183.6
78.1
394.0

279.2
190.8
88.5
400.5

273.5
194.4
79.1
404.0

273.7
199.4
74.3
409.7

278.1
201.2
76.9
420.2

275.6
206.2
69.4
426.1

116.6
78.8
37.8
175.2

118.0
84.2
33.7
175.4

116.9
80.4
36.5
175.3

124.4
81.4
43.0
175.2

118.4
82.7
35.7
174.5

117.6
84.2
33.4
174.5

118.9
84.2
34.7
176.3

116.9
85.6
31.2
176.3

17.4

-10.6

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

1982

1982

1983"

m
Gross national product
Final sales
Change in business inventories
Goods.....
Final sales
Change in business inventories . .
Durable goods
Final sales... .
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1982

1983
IV

I

II

III

1983

p

IV P

1983

1982
III

IV

I

II

III

IV P

1,485.4 1,534.8 1,485.7 1,480.7 1,490.1 1,525.1 1,553.4 1,570.5

3,073.0 3,309.5 3,090.7 3,109.6 3,171.5 3,272.0

3,362.2 3,432.0

3,097.5 3,316.4 3,095.6 3,165.9 3,210.9 3,286.6
-24.5
-6.9
-4.9 -56.4
-39.4
145

3,353.7 3,414.3 1,494.8 1,537.2 1,487.0 1,503.4 1,505.5 1,530.5 1,549.7 1,563.0
7.5
3.8
227 -15.4
-9.4
54
17.7
-2.4
13
8.5

1,208.9 1,362.0 1,286.6 1,264.8 1,292.2 1,346.8

1,388.9 1,419.9

661.6

687.0

661.6

652.1

656.9

681.8

699.0

710.4

1,305.4 1,368.9 1,291.5 1,321.2 1,331.6 1,361.3
56.4 -39.4
-24.5
-6.9
-14.5
49

1,380.4 1,402.2
17.7
8.5

671.0
-9.4

689.4
-2.4

663.0
-1.3

674.8
-22.7

672.3
-15.4

687.2
-5.4

695.3
3.8

702.9
7.5

590.8
573.5
17.4
829.0
828.7
.3

269.6
276.1
-6.5
392.0
394.9
-2.9

289.7
291.2
15
397.4
398.3
-.9

274.9
271.6
3.2
386.7
391.3
-4.6

256.4
275.3
189
395.6
399.4
-3.8

261.3
277.0
157
395.6
395.2
.3

287.4
291.1
37
394.5
396.1
-1.7

299.9
294.1
5.8
399.2
401.2
-2.0

310.1
302.4
7.7
400.3
400.5
-.2

712.2
111.6

725.2
122.6

713.9
110.2

715.0
113.6

717.8
115.4

723.0
120.3

727.0
127.3

732.9
127.1

500.8
516.3
-15.5
780.1
789.1
-9.1

544.8
549.0
42
817.1
819.9
-2.8

518.4
512.0
6.4
768.3
779.5
-11.3

474.0
519.0
-45.0
790.8
802.2
-11.4

482.7
520.9
382
809.5
810.6
-1.2

536.8
545.7
-8.9
810.0
815.7
-5.7

568.9
555.9
13.1
820.0
824.5
-4.5

Services
Structures

1,511.1 1,637.8 1,527.2 1,560.5 1,588.4 1,623.4
309.7
301.9
284.3
290.9
281.0
276.9

1,651.0 1,688.5
323.6
322.3

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

3,055.6 3,320.0 3,089.8 3,104.0 3,154.6 3,280.5
3,080.1 3,327.0 3,094.7 3,160.4 3,193.9 3,295.0

3,380.5 3,464.5 1,456.5 1,523.1 1,461.7 1,457.7 1,469.6 1,512.8 1,542.0 1,567.9
3,371.9 3,446.8 1,465.9 1,525.5 1,463.0 1,480.4 1,485.0 1,518.3 1,538.2 1,560.4

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