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11

SURVEY OF CURRENT BUSINESS

April 1984

National Income and Product Accounts Tables
New estimates in this issue: First quarter 1984, preliminary; and fourth quarter and annual 1983, revisions for corporate profits and related
items.
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
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 dollars

Billions of 1972 dollars

Seasonally adjusted at annual rates

1982

1983

1983

1982
IV

Gross national product

3,073.0 3,310.5

Personal consumption expenditures

1,991.9

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

3,109.6

3,171.5

II

III

IV

252.1
258.5
277.7
773.0
777.1
799.6
1,021.8 1,037.4 1,069.7

1982

1983

1982

I"

3,272.0 3,362.2 3,436.2 3,541.2

2,158.0 2,046.9 2,073.0 2,147.0 2,181.1

279.4
244.5
761.0
804.1
986.4 1,074.5

Durable goods
Nondurable goods
Services

I

Seasonally adjusted at annual rates

1984

2,230.9 2,280.5

310.3
282.8
298.6
844.4
814.8
825.0
1,083.5 1,107.3 1,125.8

IV

1983
I

II

1984
III

I"

1,485.4 1,535.3

1,480.7

1,553.4

1,572.5 1,604.3

970.2 1,011.4

979.6

986.7

1,010.6

1,016.0

1,032.2

1,046.8

156.3
376.1
479.0

143.2
366.0
470.4

145.8
368.9
472.0

156.5
374.7
479.4

157.9
378.1
480.1

165.2
382.5
484.4

171.9
388.0
486.9

139.8
364.2
466.2

1,490.1 1,525.1

IV

414.5

471.9

377.4

404.1

450.1

501.1

532.5

595.3

194.5

219.0

178.4

190.0

210.0

230.7

245.2

272.2

439.1
348.3
141.9
206.4
90.8
86.0
1.5
3.2
-24.5
-23.1
-1.4

478.4
348.4
131.1
217.2
130.0
124.9
1.5
3.6
64
-2.8
37

433.8
337.0
138.6
198.4
96.8
91.2
2.3
3.3
564
-53.7
27

443.5
332.1
132.9
199.3
111.3
106.7
1.3
3.439 4
-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

512.8
374.0
133.3
240.7
138.8
133.5
1.6
3.7
19.6
19.7
1

533.1
384.2
140.3
243.9
148.9
143.7
1.4
3.8
62.2
41.1
21.1

203.9
166.1
53.4
112.7
37.8
35.2
.6
1.9
94
-8.6
3

221.1
168.4
49.7
118.8
52.7
50.0
.6
2.1
21
-.2
19

201.1
160.5
52.2
108.3
40.6
37.8
.9
1.9
227
-21.1
16

205.4
159.9
50.3
109.6
45.5
43.0
.5
2.0
154
-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

236.5
180.7
50.4
130.3
55.8
53.1
.6
2.1
8.7
8.8
1

245.7
185.9
53.4
132.5
59.7
57.0
.6
2.2
26.6
18.0
8.6

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

90

5.6

17.0

8.5

183

261

28.9

11.8

23.0

20.5

11.4

2.8

335.4
344.4

321.6
316.1

326.9
309.9

327.1
335.6

341.1
359.4

346.5
372.6

357.7
402.9

147.3
118.4

138.7
126.9

136.5
113.5

137.3
116.8

136.2
123.9

140.7
129.2

140.6
137.8

143.9
150.4

649.2

689.5

679.7

677.4

683.4

698.3

699.0

710.6

291.8

293.1

299.7

292.9

292.1

295.2

292.3

291.7

258.7
179.4
79.3
390.5

Exports
Imports

17.4
347.6
330.2

Net exports of goods and services

274.8
200.3
74.5
414.7

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

274.1
206.3
67.8
424.9

275.0
216.2
58.8
435.6

116.6
78.8
37.8
175.2

117.8
84.3
33.6
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

116.4
85.8
30.5
175.9

114.4
87.8
26.5
177.3

-45.2

12.3

65

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

1983

rv
Gross national product
Final sales
Change in business inventories

I

II

III

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

Addenda:
Gross domestic purchases 1
Final sales to domestic purchasers1

1983

rv

I"

I

II

III

IV

l»

3,436.2 3,541.2

1,485.4

1,480.7

1,490.1

1,525.1

1,553.4

3,416.6 3,479.0
19.6
62.2

1,494.8 1,537.4 1,503.4
21 -22.7
-9.4

1,505.5
-15.4

1,530.5
-5.4

1,549.7 1,563.7
8.7
3.8

1,577.7
26.6

1,264.8 1,292.2 1,346.8 1,388.9
1,321.2
56 4

1,331.6
39 4

1,361.3
-14.5

1,380.4
8.5

474.0
519.0
-45.0
790.8
802.2
-11.4

482.7
520.9
-38.2
809.5
810.6
-1.2

536.8
545.7
-8.9
810.0
815.7
57

568.9
555.9
13.1
820.0
824.5
45

1,560.5 1,588.4 1,623.4
301.9
290.9
284.3

1,438.1

1,535.3

1,572.5 1,604.3

1,492.3

661.6

688.6

652.1

656.9

681.8

699.0

716.8

738.0

1,418.5 1,430.2
62.2
19.6

671.0
94

690.7
21

674.8
227

672.3
154

687.2
-5.4

695.3
3.8

708.0
8.7

711.5
26.6

607.4
591.3
16.0
885.0
838.9
46.1

269.6
276.1
-6.5
392.0
394.9
-2.9

291.4
292.7
13
397.3
398.0
-.8

256.4
275.3
-18.9
395.6
399.4
-3.8

261.3
277.0
-15.7
395.6
395.2
.3

287.4
291.1
-3.7
394.5
396.1
-1.7

299.9
294.1
5.8
399.2
401.2
20

316.9
308.4
8.5
399.9
399.6
.3

318.6
311.6
7.0
419.4
399.9
19.6

1,651.0
322.3

1,679.6 1,711.3
318.5
337.5

712.2
111.6

724.5
122.2

715.0
113.6

717.8
115.4

723.0
120.3

727.0
127.3

730.0
125.7

733.0
133.2

3,055.6 3,319.5 3,104.0 3,154.6 3,280.5 3,380.5
3,080.1 3,325.9 3,160.4 3,193.9 3,295.0 3,371.9

3,462.3 3,586.4
3,442.7 3,524.2

1,469.6 1,512.8 1,542.0 1,569.7
1,485.0 1,518.3 1,538.2 1,561.0

1,610.8
1,584.2

500.8
516.3
155
780.1
789.1
-9.1

548.7
552.6
-3.9
817.8
820.3
-2.5

1,511.1 1,635.6
308.4
281.0

606.4
588.1
18.3
831.8
830.4
1.4

1,456.5 1,523.5 1,457.7
1,465.9 1,525.6 1,480.4

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




1984

1983

1982

3,272.0 3,362.2

3,109.6 3,171.5

1,305.4 1,373.0
24 5
64

Final sales

IV

1982

3,097.5 3,316.9 3,165.9 3,210.9 3,286.6 3,353.7
8.5
-14.5
564 -39.4
-24.5
-6.4

3,073.0 3,310.5

1,208.9 1,366.5

Goods

Services
Structures

1984

1983

1982

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