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SURVEY OF CURRENT BUSINESS

February 1984

Selected National Income and Product Accounts Tables
New estimates in this issue: Fourth Quarter and annual 1983, revised.
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

1983 r

IV

III

1982

1983

1982
I

II

III

1983

r

IV r

III

3,073.0 3,310.8 3,090.7 3,109.6 3,171.5 3,272.0 3,362.2 3,437.3 1,485.4 1,535.1

Gross national product

1,991.9 2,157.0 2,008.8 2,046.9 2,073.0 2,147.0 2,181.1 2,227.0

Personal consumption expenditures
Durable goods
Nondurable goods..
Services

279.1
244.5
761.0
803.8
986.4 1,074.2

.. ..

297.4
258.5
277.7
243.4
282.8
252.1
777.1
823.6
773.0
799.6
814.8
766.6
998.9 1,021.8 1,037.4 1,069.7 1,083.5 1,106.0

1983

1982
IV

I

II

III

IV '

1,485.7 1,480.7 1,490.1 1,525.1 1,553.4 1,571.9
971.0

979.6

986.7 1,010.6 1,016.0

1,030.2

139.8
364.2
466.2

156.2
375.9
478.7

138.2
364.7
468.2

143.2
366.0
470.4

145.8
368.9
472.0

156.5
374.7
479.4

157.9
378.1
480.1

164.7
381.9
483.6

970.2 1,010.9

414.5

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

470.9

425.3

377.4

404.1

450.1

501.1

528.2

194.5

218.3

198.4

178.4

190.0

210.0

230.7

242.3

439.1
348.3
141.9
206.4
90.8
86.0
1.5
3.2
245
-23.1
-1.4

Gross private domestic investment

479.6
348.9
131.5
217.4
130.7
125.6
1.5
3.6
-8.7
-3.4
-5.4

430.2
342.3
140.0
202.2
87.9
83.4
1.3
3.3
49
-2.3
26

433.8
337.0
138.6
198.4
96.8
91.2
2.3
3.3
564
-53.7
-2.7

443.5
332.1
132.9
199.3
111.3
106.7
1.3
3.4
394
-39.0
-.4

464.6
336.3
127.4
208.8
128.4
123.3
1.5
3.5
14 5
-10.3
42

492.5
351.0
130.9
220.2
141.5
136.3
1.6
3.6
8.5
18.4
99

517.7
376.2
134.8
241.4
141.5
136.3
1.6
3.7
10.5
17.4
-6.9

203.9
166.1
53.4
112.7
37.8
35.2
.6
1.9
-9.4
86
-.8

221.6
168.6
49.8
118.8
53.0
50.3
.6
2.1
-3.3
6
-2.7

199.8
163.3
53.0
110.3
36.5
34.1
.5
1.9
13
.1
14

201.1
160.5
52.2
108.3
40.6
37.8
.9
1.9
-22.7
-21.1
-1.6

205.4
159.9
50.3
109.6
45.5
43.0
.5
2.0
-15.4
15.1
-.3

215.6
163.0
48.3
114.7
52.6
50.0
.6
2.1
5.4
-3.3
-2.1

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

238.4
181.3
50.9
130.4
57.1
54.3
.6
2.1
3.9
7.4
-3.5

12.3

11.4

6.3

17.4

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

.9

5.6

17.0

-8.5

183

28.9

12.6

24.0

23.0

20.5

336.8
344.0

346.0
345.0

321.6
316.1

326.9
309.9

327.1
335.6

341.1
359.4

352.3
371.0

147.3
118.4

139.3
126.7

146.4
122.4

136.5
113.5

137.3
116.8

136.2
123.9

140.7
129.2

143.2
136.9

649.2

690.0

655.7

679.7

677.4

683.4

698.3

700.9

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

-7.1

347.6
330.2

Net exports of goods and services

275.2
200.2
75.0
414.8

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
206.0
69.6
425.3

116.6
78.8
37.8
175.2

118.0
84.2
33.8
175.3

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

117.1
85.7
31.3
176.1

-18.7

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

3 073 0 3 3108 3 0907 3 109 6 3 171 5 3272 0

Goods

3 362 2 3 437 3 1 485 4 1 535 1 1 4857 1 4807 1 490 1 1 525 1 1 553 4 1 571 9

30975 3,319 5 30956 31659 32109 32866
245
87
145
49
394
564

Final sales
Change in business inventories

33537 34269 14948 15384 14870 15034 15055 15305 1 549.7 1,568.1
38
39
54
227
154
13
85
10 5
94
33

12089 13641 1 286 6 1 264 8 1 292 2 1 346 8 1 3889 1 4283

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

661 6

687 4

661 6

652 1

6569

681 8

6990

711 8

13054 13728 1 291 5 1 321 2 1 331 6 1 361 3 1 3804 1 417 9
39 4
87
' 245
14 5
56 4
49
85
105

Final sales
Change in business inventories

671 0
94

6907
33

6630
13

674 8
227

6723
154

687 2
54

6953
38

7079
39

269 6
2761
65
3920
394 9
29

2907
2926
18
396 6
398 1
15

2749
2716
32
3867
391 3
46

2564
2753
189
3956
3994
38

261 3
2770
157
395 6
3952
3

287 4
291 1
37
394 5
396 1
17

2999
294 1
58
399 2
401 2
20

314 4
3081
64
397 3
3998
25

712 2
111 6

725 1
122 7

713 9
1102

715 0
113 6

717 8
1154

723 0
1203

727 0
127 3

732 5
127 7

5008
5163
155
7801
7891
91

5473
5524
51
8167
8204
36

5184
5120
64
7683
779 5
113

474 0
5190
450
7908
802 2
114

4827
5209
382
8095
8106
12

5368
5457
89
8100
8157
57

5689
5559
13 1
8200
824 5
45

6009
5873
13 6
827 4
830 6
31

Services
Structures

1 511 1 1 637 1 1 527 2 1 5605 1 5884 1 623 4 1 651 0 1 685 8
2843
281.0
2909
309.6
2769
323 2
301 9
3223

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

30556 33179 30898 31040 31546 32805
30801 33266 30947 31604 3 1939 32950

3 380 5 3456 1 1 456 5 1 522 5 1 461 7 1 457 7 1 469 6 1 5128 1 542 0 1 5657
33719 3 4456 1 4659 1 5258 1 4630 1 4804 1 4850 1 5183 1 538 2 1 561 8

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




1 400 7

3073 0 3 3108 3 0907 3 1096 3 171 5 3 272 0 3 362 2 3 437 3 1 485 4

1 coc i

1 4R*» 7

30257
25946
25200
22526
2674
741
5
1070
76
994
3241
101 1
2230
47.3

1 513 4
1 309 9
1 273 2
1 1256
147 7
366

1 463 1 1 458 6
2 260 4 1 255 9
1 223 4 1 213 2
1 0807 1 0689
144 3
142 7
357
406
12
20
46 8
46 9
33
33
43 5
43 5
1560
1558
50 5
50 7
105 4
105 1
22 6
22 1

2,318.4

32641
28027
27317
2,438 8
2929
710
1
1149
82
1067
3466
1061
2404
46.7

3 044 2
2 610 1
25366
22659
2707
709
25
1085
77
100 8
3257
100 7
2250
466

3063 5
2619 1
25391
22610
278 1
758
42
1108
78
1029
3337
104 2
2295
460

3 127 2
2 6755
2*6018
23179
2840
749
12
1122
80
104 2
3395
1056
2338
443

3227 9
27698
2 700 5
2 411 0
2896
727
35
114 1
81
106 0
344 1
1060
238 1
44 1

3 314 1
2*849*8
2779 0
2483 3
2957
683
25
115 6
82
107 4
348 8
106 2
2426
48 1

3 387 2
2 915 6
2 8452
2 543 1
302 1
67 9
25
117 8
84
1094
353 9
106 6
247 2
50 1

1 462 3
1 259 6
1 2204
1 078 3
142 1
390
2
467
Q O

43 4
156 1
50 5
1056
23 i
1 1162

Q

47 5
35
44 1
156 1
50 8
1052
21 7

1 J.QA 1

1 59^ 1

1 ^^ A.

1 ^71 Q

1 469 2
1*2661
1 227 5
1*081 9
145 6
39 2
g
47 1
34
43 7
155 9
50 8
105 1
21 0

1 504 4
1 301 2
1*265 1
1 1182
146 9
37 7
16
47 3
34
43 9
156 0
50 8
105 1
20 7

1 531 1
1 327 5
1 290 9
1 1426
148 3
35 5
i i
47 6
35
44 1
156 0

1 549 0
1 344 7
1 309 4
1 159 6
149 9
34 1
^ -^
48 0
35
44 5
156 3

105 2
22 3

105 4
23 o

en Q

CA 0

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