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SURVEY OF CURRENT BUSINESS

November 1984

Selected 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

III

IV

1,984.9

Durable goods
Nondurable goods
Services

2,155.9

2,141.6

276.1
279.'8
245.1
801.7
796.9
757.5
982.2 1,074.4 1,068.6

2,181.4

I

II

1984

1983

1983

III r

II

III

IV

1,572.7

I

II

rar

1,610.9 1,638.8 1,646.5

3,553.3 3,644.7 3,695.2

1,480.0 1,534.7

1,524.8

1,550.2

2,230.2 2,276.5 2,332.7 2,360.8

963.3 1,009.2

1,006.2

1,015.6 1,032.4

1,044.1

1,064.2

1,065.6

140.5
363.1
459.8

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

177.6
395.4
492.6

3,069.3 3,304.8^ 3,267.0 3,346.6 3,431.7

Gross national product
Personal consumption expenditures

1982

1984

1983

1983

284.1
299.8
310.9
811.7
823.0
841.3
1,085.7 1,107.5 1,124.4

320.7
858.3
1,153.7

318.5
861.1
1,181.2

414.9

Fixed investment
Nonresidential
.
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm
Net exports of goods and services

471.6

449.6

491.9

540.0

623.8

627.0

662.3

194.3

221.0

212.6

230.6

249.5

285.5

283.9

300.6

441.0
349.6
142.1
207.5
91.4
86.6
1.5
3.3
-26.1
-24.0
-2.1

Gross private domestic investment

485.1
352.9
129.7
223.2
132.2
127.6
1.0
3.6
-13.5
-3.1
-10.4

469.0
339.3
125.6
213.6
129.8
125.3
.9
3.5
-19.4
-5.4
-14.0

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
14

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

593.8
438.5
153.3
285.1
155.4
150.1
1.2
4.0
68.5
59.5
9.0

204.7
166.9
53.3
113.5
37.9
35.3
.6
1.9
-10.4
-9.2
-1.2

224.6
171.0
49.2
121.8
53.7
51.2
.4
2.1
-3.6
.6
-4.2

218.7
165.3
48.1
117.2
53.4
. 51.0
.4
2.1
61
-.3
58

229.8
172.6
48.3
124.3
57.2
54.7
.4
2.1
.9
7.4
66

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

270.6
210.5
57.8
152.7
60.1
57.3
.5
2.3
30.0
25.5
4.4

-6.5

-16.4

29 8

-8.3

-11.4

19.0

Federal
National defense....
Nondefense
State and local

336.2
344.4

650.5
258.9
179.5
79.4
391.5

Government purchases of goods and services

-8.3

348.4
329.4

Exports
Imports

26.6

29.7

12.6

13.6

11.9

2.0

358.9
410.4

362.4
421.1

369.3
459.2

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

147.8
174.4

691.4

704.4

743.7

762.0

292.7

291.9

292.4

292.0

288.8

289.5

302.1

306.8

266.3
207.2
59.1
425.1

267.6
213.4
54.2
436.8

296.4
220.8
75.6
447.4

302.8
220.4
82.4
459.3

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

125.4
89.1
36.3
181.4

328.1
334.5

342.0
358.4

346.1
375.9

685.5

682.2

689.8

269.7
200.5
69.3
415.8?

270.5
199.3
71.3
411.6

269.2
200.9
68.3
420.6

-51.5

587

-89.9

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

3 069 3 3 304 8 3 267 0 3 346 6 3 431 7 3 553 3

1 480 0 1 534 7 1 524 8 1 550 2 1 572 7 1 6109 1 638 8 1 (546.5

35941 36268
685
506

14904
104

1 4239 1 498 0 15448 1 5481

6606

6886

6816

698.1

7155

744.9

767.4

767.5

13029 13692 13565 13775 1 411 2 1 424 2 1 4942 1 479 6
127
13 5
194
43
' 261
68 5
50 6
73 8

Goods

3 644 7 3 695 2

30954 33183 32864 33509 34190 34795
43
194
135
261
738
127

Final sales
Change in business inventories

671 1
10 4

6922
36

6877
61

6972
9

7082
72

7133
316

747 1
203

7375
300

2695
277 4
78
391 1
393 7
26

2956
296 1
5
3929
396 1
32

2902
2923
21
3914
3954
40

3052
299 6
56
3929
397 7
48

3186
311 9
66
3969
396 3
6

331 1
3164
147
4138
3969
169

3395
3314
81
4279
4157
122

3409
3240
169
4266
4135
131

707 8
111 6

723 2
1229

721 9
1213

725 4
1266

728 7
1285

731 4
1346

732 9
138.5

7387
140.3

14503 1 5221 15112 15383 1 5707 16192 1,650 2
14607 15257 15173 15374 1 5634 15876 16299

1,673.0
1 6430

1,276.8

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

4999
517 9
180
7769
7850
81

1,355.7

5553
557 5
21
8004
8117
113

1,337.1

541 1
546 5
55
7961
8100
139

1,373.2

5769
564 5
125
7962
8130
168

6074
592 9
145
8165
818 3
17

6323
597 5
349
8657
826 8
389

6479
629 7
182
8969
864 6
324

6559
616 2
397
8922
863 5
287

Services
Structures

1 510 8 16393 1 6272 1 654 5 1 681 3 1 713 7 1 742 6 1 782 6
319.0
302.6
309.8
341 6
3572
3265
281.7
3646

Addenda:
Gross domestic purchases 1
Final sales to domestic purchasers *

3,050.2 3,313.1 3,273.4 3,363.0 3,461 5 3,604 8
30763 33265 32928 33674 34488 35310

37034 37851
36528 37167

15383 1 5309 15493 15654 1 5793 1,618 5 1,616.5
9
300
203
31 6
72
61
36

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




3,069.3

3,304.8 3,267.0 3,346.6 3431 7 35533 3 6447 3 695 2

3,021.3
25890
25144
22466
2679
751
5
1074
76
998
3249
1012
2237
48 0

3,256.5
27908
27289
24347
294 2
61.5
5
1165
78
1087
3492
1078
2414
483

2,312 1 24877

3,219 6
27576
26952
24046
2907
58.3
41
1156
77
1079
3464
107 3
2391
47 4

3,295.2
28262
27693
24719
297 4
61.7
48
1173
78
1096
3516
1081
2436
51 5

33841
29068
28543
2 550 2
304 1
573
48
119 6
79
111 8
3577
109 5
2482
47 7

35057
3 017 2
29434
26328
310 6
716
22
121 0
79
113 1
3674
113 8
2536
47 6

3 602 6
3 1068
3 037 5
27188
318 7
783
90
123 1
80
115 1
3727
114 4
2583
42 i

3 651 8
3 150 2
30774
2749 7
327 7
832
104
123 9
81
1157
3777
114 7
263 0
43 4

1 480 0 1 534 7 1 524 8 1 550 2 1 572 7 1 610 9 1 638 8 1 646 5

1 4567
1 253 4
12148
l'075 6
139 2
389
3
467
33
43 4
156 5
50 5
106 0
23 3

1 512 1 1 502 6
1 307 8 1 298 5
12738 1264 1
1 130 6 1 121 5
143 2
1426
325
338
2
19
47 3
47 2
33
33
44 o
43 9
157 0
1569
51 3
51 2
1057
1056
22 5
22 2

1 1129

1 163 5

1 5262
1 321 9
12893
1 145 6
143 8
348
23
47 3
33
440
1570
51 4
1056
24 0

1 550 7
1 3457
13163
1 171 2
145 1
316
22
47 5
33
44 2
157 5
51 7
1058
21 9

1 589 2
1?384 0
1 3475
1 2009
146 5
356
10
47 6
34
44 2
1577
51 8
1058
21 6

1 619 8 1 627.0
1 414 1 14212
13801 13843
12321 12348
149 6
148 0
415
381
47
41
47 9
47 7
34
34
443
44 5
1578
1581
51 9
51 9
1062
1059
19 0
19 4

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