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SURVEY OF CURRENT BUSINESS

May 1984

Selected National Income and Product Accounts Tables
New estimates in this issue: First quarter 1984, revised, except for corporate profits and related items, which are 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

1983

1982
IV

Gross national product

I

1,991.9

Durable goods
Nondurable goods
Services

244.5
761.0
986.4

Gross private domestic investment

414.5

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

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

II

III

IV

1982

1983

1984

1983

1982
IV

Ir

I

II

III

IV

lr

3,272.0 3,362.2 3,436.2 3,541.6

1,485.4 1,535.3

1,480.7

1,490.1

1,525.1

1,553.4

1,572.5

1,606.0

2,158.0 2,046.9 2,073.0 2,147.0 2,181.1 2,230.9 2,287.8

970.2 1,011.4

979.6

986.7

1,010.6

1,016.0

1,032.2

1,049.6

139.8
364.2
466.2

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

173.9
387.4
488.3

194.5

219.0

178.4

190.0

210.0

230.7

245.2

276.1

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

246.1
187.0
53.0
134.0
59.1
56.4
.5
2.2
30.1
21.5
8.6

3,073.0 3,310.5 3,109.6 3,171.5

Personal consumption expenditures

1984

1983

279.4
252.1
804.1
773.0
1,074.5 1,021.8
471.9
478.4
348.4
131.1
217.2
130.0
124.9
1.5
3.6
-6.4
-2.8
-3.7

377.4
433.8
337.0
138.6
198.4
96.8
91.2
2.3
3.3
-56.4
-53.7
-2.7

258.5
777.1
1,037.4

277.7
799.6
1,069.7

404.1

450.1

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

282.8
298.6
314.9
825.0
843.3
814.8
1,083.5 1,107.3 1,129.6
501.1

532.5

600.9

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

512.8
374.0
133.3
240.7
138.8
133.5
1.6
3.7
19.6
19.7
_ ^

531.6
384.4
139.5
244.9
147.3
142.1
1.3
3.8
69.3
48.2
21.1

-18.3

-26.1

-54.6

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

221.1
168.4
49.7
118.8
52.7
50.0
.6
2.1
-2.1
_ 2
-l'.9

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

90

5.6

17.0

-8.5

28.9

11.8

23.0

20.5

2.8

10.3

347.6
330.2

335.4
344.4

321.6
316.1

326.9
309.9

327.1
335.6

341.1
359.4

346.5
372.6

355.8
410.4

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

143.1
153.5

649.2

689.5

679.7

677.4

683.4

698.3

699.0

707.5

291.8

293.1

299.7

292.9

292.1

295.2

292.3

290.7

258.7
179.4
79.3
390.5

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

272.4
213.2
59.2
435.1

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

113.6
87.0
26.6
177.0

17.4

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

12.3

11.4

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
1,525.1 1,553.4

1,572.5 1,606.0

3 073 0 3 310 5 3 109 6 3 171 5 3 272 0 3 362 2

Goods

3 436 2 3 541 6

1 485 4 1 535 3 1 4807 1,490.1

3 097 5 3 316 9 3 165 9 3 210 9 32866 33537
14 5
24 5
64
56 4
39 4
85

Gross national product
Final sales
Change in business inventories

3 416 6 34723
19 6
69 3

1 494 8 1 537 4 1 5034 1 5055 1 5305 1 5497 15637
2i
87
38
15 4
94
227
54

1,208.9

Final sales.
Change in business inventories

1,366.5 1,264.8 1,292.2

1 3054 13730 1 3212 1331 6
24 5
64
56 4
394

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

5008
5163
155
780 1
789 1
-9.1

5487
5526
39
8178
8203
-2.5

474 0
5190
450
7908
8022
-11.4

4827
5209
382
8095
8106
-1.2

1,346.8

1,388.9

1 3613 1 3804
14 5
85

5368
5457
89
8100
8157
-5.7

5689
5559
131
8200
8245
-4.5

1 5759
301

661.6

6886

652.1

656.9

681.8

699.0

716.8

741.7

1 418 5 14270
19 6
69 3

671 0
94

6907
2i

6748
227

6723
154

6872
54

6953
38

7080
87

7117
301

6129
5933
196
8833
8337
49.7

2696
276 1
65
3920
3949
-2.9

2914
2927
13
397 3
3980
-8

2564
2753
189
3956
3994
-38

2613
2770
157
3956
3952
.3

287 4
291.1
37
3945
396.1
-1.7

2999
294.1
58
3992
401.2
-2.0

3169
308.4
85
3999
399.6
.3

321 5
313.1
84
4202
398.6
21.7

712 2
111 6

724 5
122 2

715 0
113 6

717 8
115 4

723 0
1203

7270
1273

7300
125.7

7324
131.8

14565 1 5235 14577
1,465 9 1 5256 14804

14696
14850

1 5128 1 5420 15697
1,518 3 1,538.2 1,561.0

1,616.4
1,586.3

1,553.4

1,572.5

1,606.0

1,531.1
13275
12909
1 142 6
1483
35 5
11
476
3.5
44 1
1560
508
1052
22 3

1,551.2
13469
13152
1 1654
1498
349
32
480
3.5
444
156.3
508
1054
21 3

1,585.7
1 3814
1,348.3
1 1970
1514
378
47
480
3.6
444
156.3
509
1055
203

1,438.1

6064
588 1
183
8318
8304
1.4

1,496.3

Services
Structures

1 511 1 1 635 6 1 560 5 1 588 4 1 6234 1 651 0 1 679 6 1 710 7
2909
3019
3084
2843
3223
281 0
3185
3346

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

30556 33195 3 1040 3 1546 32805 33805
3,080.1 3,325.9 3,160.4 3,193.9 3,295.0 3,371.9

34623 35962
3,442.7 3,526.9

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




3,073.0 3,310.5 3 109.6 3 171.5 3,272.0 3 362.2 3,436.2 3,541.6
3,025.7
25946
25200
22526
2674
741
5
107 0
76
994
324 1
101 1
2230
47 3
2,318.4

32648
28033
27347
2 441 9
2928
708
23
1149
82
1067
3466
1061
2405
45 7

30635
2619 1
2539 1
22610
278 1
758
42
1108
78
1029
3337
104 2
2295
46 0

3 1272
26755
2601 8
23179
2840
749
12
1122
80
1042
3395
1056
2338
44 3

32279
27698
27005
2 411 0
2896
727
35
114 1
81
1060
344 1
1060
238 1
44 1

33141
28498
27790
24833
2957
683
25
1156
82
1074
3488
1062
2426
48 1

33899
29183
2 857 5
2 555 4
3021
67 4
68
1178
84
1094
3539
1066
2472
46 3

1,485.4

3 496.9 1,462.3
30157 12596
29458 1 2204
26377 1 0783
142 1
308 1
39 0
80 3
2
10 4
467
1184
33
85
1098
43 4
156 1
3628
505
110 4
2523
1056
44 7
23 1
1,116.2

1,535 3 1 4807 1,490 1 1,525.1
1 5140
1 310 4
1 2747
1 127 0
1477
36 8
1i
475
35
44 0
156 1
508
1052
21 3

1 4586
12559
1 2132
1 0689
1443
40 6
20
469
33
435
1558
507
1051
22 1

1 4692
1266 1
1 2275
1 081 9
1456
39 2
6
47 1
34
437
1559
508
1051
21 0

1,504.4
1301 2
1 2651
1 118 2
1469
37 7
16
473
34
439
1560
508
1051
207

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