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12

SURVEY OF CURRENT BUSINESS

December 1984

National Income and Product Accounts Tables
New estimates in this issue: Third quarter 1984, 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 and
corrections for earlier years are in the July 1983 SURVEY; estimates for 1981-83 and corrections for earlier years are in the July 1984 SURVEY.
Summary NIPA Series, 1952-83, are in the August 1984 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

II

Gross national product

3,069.3

Personal consumption expenditures

III

IV

2,141.6

2,181.4

I

1984

1983

1983

III r

III

II

1,572.7

I

IV

II

III r

1,610.9 1,638.8 1,645.2

3,553.3 3,644.7 3,694.6

1,480.0 1,534.7

1,524.8

1,550.2

963.3 1,009.2

1,006.2

1,015.6 1,032.4

1,044.1

1,064.2

1,065.9

157.5
376.3
475.4

156.2
374.9
475.1

159.6
378.5
477.6

167.2
383.2
482.0

173.7
387.1
483.4

178.6
396.6
488.9

177.0
395.5
493.5

245.1
276.1
310.9
279.8
284.1
299.8
757.5
801.7
811.7
841.3
796.9
823.0
982.2 1,074.4 1,068.6 1,085.7 1,107.5 1,124.4

320.7
858.3
1,153.7

317.2
861.4
1,182.8

140.5
363.1
459.8

414.9

..

471.6

449.6

491.9

540.0

623.8

627.0

662.8

194.3

221.0

212.6

230.6

249.5

285.5

283.9

300.2

441.0
349.6
142.1
207.5
91.4
86.6
1.5
3.3
-26.1
-24.0
21

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

II

1982

2,230.2 2,276.5 2,332.7 2,361.4

3,304.8 3,267.0 3,346.6 3,431.7

1,984.9 2,155.9

Durable goods
Nondurable goods
Services ..

1984

1983

1983

485.1
352.9
129.7
223.2
132.2
127.6
1.0
3.6
-13.5
31
104

469.0
339.3
125.6
213.6
129.8
125.3
.9
3.5
-19.4
-5.4
140

496.2
353.9
126.2
227.8
142.3
137.7
.9
3.7
-4.3
11.6
-15.9

527.3
383.9
136.6
247.3
143.4
138.7
.9
3.8
12.7
14.1
-1.4

550.0
398.8
142.2
256.7
151.2
146.4
.9
3.9
73.8
60.6
13.2

576.4
420.8
150.0
270.7
155.6
150.5
1.0
4.1
50.6
47.0
3.5

591.0
435.7
151.4
284.2
155.3
150.1
1.2
4.0
71.8
63.7
8.1

204.7
166.9
53.3
113.5
37.9
35.3
.6
1.9
-10.4
-9.2
12

224.6
171.0
49.2
121.8
53.7
51.2
.4
2.1
36
.6
-4.2

218.7
165.3
48.1
117.2
53.4
51.0
.4
2.1
61
3
-5.8

229.8
172.6
48.3
124.3
57.2
54.7
.4
2.1
.9
7.4
-6.6

242.2
184.5
51.4
133.1
57.8
55.2
.4
2.2
7.2
7.0
.2

253.9
193.3
54.1
139.2
60.6
58.0
.4
2.2
31.6
26.2
5.4

263.7
202.9
56.8
146.0
60.8
58.1
.4
2.3
20.3
18.7
1.6

269.6
209.5
57.1
152.4
60.1
57.3
.5
2.3
30.6
26.5
4.1

-16.4

-29.8

-58.7

-90.6

19.0

Federal
National defense .
Nondefense
State and local

29.7

12.6

13.6

11.9

2.0

-8.3

11.4

-27.0

328.1
334.5

342.0
358.4

346.1
375.9

358.9
410.4

362.4
421.1

368.6
459.3

147.6
118.0

139.5
126.9

137.0
123.4

141.6
129.7

141.0
139.1

144.9
153.2

144.7
156.2

147.4
174.4

685.5

682.2

689.8

691.4

704.4

743.7

761.0

292.7

291.9

292.4

292.0

288.8

289.5

302.1

306.1

258.9
179.5
79.4
391.5

Government purchases of goods and services

-6.5

336.2
344.4

650.5

Exports
Imports

-8.3

348.4
329.4

Net exports of goods and services

269.7
200.5
69.3
415.8

270.5
199.3
71.3
411.6

269.2
200.9
68.3
420.6

266.3
207.2
59.1
425.1

267.6
213.4
54.2
436.8

296.4
220.8
75.6
447.4

302.0
220.3
81.7
458.9

117.0
79.1
37.9
175.7

116.2
84.7
31.5
175.7

117.2
84.8
32.3
175.2

115.6
84.4
31.2
176.4

113.0
86.3
26.7
175.8

112.2
87.1
25.2
177.3

123.2
89.6
33.6
178.9

125.0
89.1
36.0
181.1

51 5

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
II

I

3,431.7

II

II

III

IV

1,524.8

1,550.2

1,572.7

3,553.3

3,644.7 3,694.6

1,480.0 1,534.7

3,286.4 3,350.9
-4.3
-19.4

3,419.0 3,479.5
73.8
12.7

3,594.1 3,622.8
50.6
71.8

1,490.4
-10.4

1,355.7

1,337.1 1,373.2

1,423.9

1,498.0

1,544.8

1,549.2

660.6

688.6

681.6

698.1

1,369.2
-13.5

1,356.5
194

1,377.5 1,411.2
-4.3
12.7

1,424.2
73.8

1,494.2
50.6

1,477.4
71.8

671.1
-10.4

692.2
3.6

687.7
6.1

697.2
.9

499.9
517.9
-18.0
776.9
785.0
-8.1

555.3
557.5
-2.1
800.4
811.7
-11.3

541.1
546.5
-5.5
796.1
810.0
-13.9

632.3
597.5
34.9
865.7
826.8
38.9

647.9
629.7
18.2
896.9
864.6
32.4

654.7
613.1
41.7
894.4
864.3
30.1

269.5
277.4
-7.8
391.1
393.7
-2.6

295.6
296.1
.5
392.9
396.1
-3.2

290.2
292.3
-2.1
391.4
395.4
-4.0

....

1,627.2 1,654.5 1,681.3 1,713.7
319.0
326.5
341.6
302.6

1,742.6 1,783.3
357.2
362.1

707.8
111.6

723.2
122.9

721.9
121.3

, 3,050.2 3,313.1 3,273.4 3,363.0 3,461.5 3,604.8
3,076.3 3,326.5 3,292.8 3,367.4 3,448.8 3,531.0

3,703.4 3,785.2
3,652.8 3,713.4

3,304.8 3,267.0 3,346.6

1,510.8 1,639.3
309.8
281.7

576.9
564.5
12.5
796.2
813.0
-16.8

607.4
592.9
14.5
816.5
818.3
-1.7

1,538.3 1,530.9
-6.1
-3.6

I

II

III r

1,610.9 1,638.8 1,645.2

1,549.3 1,565.4 1,579.3
31.6
7.2
.9

1,618.5
20.3

1,614.6
30.6

715.5

744.9

767.4

766.8

708.2
7.2

713.3
31.6

747.1
20.3

736.1
30.6

305.2
299.6
5.6
392.9
397.7
-4.8

318.6
311.9
6.6
396.9
396.3
.6

331.1
316.4
14.7
413.8
396.9
16.9

339.5
331.4
8.1
427.9
415.7
12.2

340.2
322.4
17.8
426.5
413.7
12.8

725.4
126.6

728.7
128.5

731.4
134.6

732.9
138.5

739.0
139.4

1,450.3 1,522.1 1,511.2 1,538.3 1,570.7
1,460.7 1,525.7 1,517.3 1,537.4 1,563.4

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




1984

1983

III r

1,302.9
-26.1

Final sales

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

IV

1983

1,276.8

Goods

Services....
Structures

III

1982

3,095.4 3,318.3
261 -13.5

3,069.3

Gross national product
Final sales
Change in business inventories

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

1984

1983

1,619.2 1,650.2 1,672.2
1,587.6 1,629.9 1,641.6

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