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SURVEY OF CURRENT BUSINESS

October 1984

National Income and Product Accounts Tables
New estimates in this issue: Third quarter 1984, 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 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

1984

1983

1983

II

III

IV

I

II

1982

1984

1983

1983

in"

III

II

1,524.8 1,550.2

IV

I

II

1,572.7 1,610.9 1,638.8

III"
1,649.6

3,553.3 3,644.7 3,701.2

1,480.0 1,534.7

2,141.6 2,181.4

2,230.2 2,276.5 2,332.7 2,359.3

963.3 1,009.2

284.1
279.8
276.1
245.1
801.7
796.9
811.7
757.5
982.2 1,074.4 1,068.6 1,085.7

310.9
320.7
317.3
299.8
841.3
858.3
863.3
823.0
1,107.5 1,124.4 1,153.7 1,178.7

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

177.0
396.1
491.5

221.0

212.6

230.6

249.5

285.5

283.9

299.2

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
-6.1
-.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

268.0
206.8
57.1
149.7
61.2
58.4
.5
2.3
31.2
26.8
4.4
-22.7

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

Gross national product

1,984.9 2,155.9

Personal consumption expenditures
Durable goods
Nondurable goods
Services

414.9

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

..

f.

.

..

471.6

449.6

491.9

540.0

623.8

627.0

660.5

194.3

441.0
349.6
142.1
207.5
91.4
86.6
1.5
3.3
261
-24.0
21

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
194
-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
-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

588.1
431.5
151.6
279.9
156.6
151.3
1.3
4.0
72.4
63.2
9.2

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

1,006.2 1,015.6 1,032.4 1,044.1 1,064.2 1,064.6

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

8.3

6.5

29.7

12.6

13.6

11.9

2.0

-8.3

-11.4

336.2
344.4

328.1
334.5

342.0
358.4

346.1
375.9

358.9
410.4

362.4
421.1

375.5
461.0

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

150.2
172.8

650.5

685.5

682.2

689.8

691.4

704.4

743.7

766.9

292.7

291.9

292.4

292.0

288.8

289.5

302.1

308.4

258.9
179.5
79.4
391.5

Exports
Imports

19.0
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

307.7
225.4
82.3
459.2

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

127.4
91.2
36.2
181.1

-16.4

-29.8

-51.5

-58.7

-85.5

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

Billions of 1972 dollars

Seasonally adjusted at annual rates

1982

1983

II
Gross national product
Final sales
Change in business inventories
Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

III

Seasonally adjusted at annual rates

1984

1983

IV

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

I

II

1982

1983

1983

II

in

1,524.8

1,550.2

HI"

II

III"

3,553.3

3,644.7 3,701.2

1,480.0 1,534.7

3,594.1 3,628.8
50.6
72.4

1,490.4 1,538.3 1,530.9 1,549.3 1,565.4 1,579.3 1,618.5 1,618.5
61
-10.4
.9
7.2
-3.6
31.6
20.3
31.2

1,276.8 1,355.7

1,423.9 1,498.0

1,544.8 1,557.1

660.6

688.6

681.6

698.1

715.5

744.9

767.4

771.4

1,302.9 1,369.2 1,356.5 1,377.5 1,411.2 1,424.2
261 -13.5
194
-4.3
12.7
73.8

1,494.2 1,484.7
50.6
72.4

671.1
104

692.2
-3.6

687.7
-6.1

697.2
.9

708.2
7.2

713.3
31.6

747.1
20.3

740.2
31.2

657.4
617.5
39.9
899.7
867.2
32.5

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

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

341.9
324.7
17.2
429.5
415.5
14.0

707.8
111.6

723.2
122.9

721.9
121.3

725.4
126.6

728.7
128.5

731.4
134.6

732.9
138.5

737.8
140.5

499.9
517.9
-18.0
776.9
785.0
-8.1

555.3
557.5
21
800.4
811.7
-11.3

1,337.1 1,373.2

541.1
546.5
-5.5
796.1
810.0
-13.9

576.9
564.5
12.5
796.2
813.0
-16.8

607.4
592.9
14.5
816.5
818.3
-1.7

632.3
597.5
34.9
865.7
826.8
38.9

647.9
629.7
18.2
896.9
864.6
32.4

1,510.8 1,639.3 1,627.2 1,654.5
281.7
302.6
319.0
309.8

1,681.3 1,713.7
326.5
341.6

1,742.6 1,780.5
357.2
363.5

Addenda:
Gross domestic purchases *
Final sales to domestic purchasers1

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 3,786.6
3,652.8 3,714.2

1,572.7 1,610.9 1,638.8

1,450.3 1,522.1 1,511.2 1,538.3 1,570.7 1,619.2
1,460.7 1,525.7 1,517.3 1,537.4 1,563.4 1,587.6

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




I

3,095.4 3,318.3 3,286.4 3,350.9 3,419.0 3,479.5
-26.1
-19.4
-13.5
12.7
-4.3
73.8

Services
Structures

455-573 0 - 8 4 - 2 : QL 3

1984

IV

1,649.6

1,650.2 1,672.3
1,629.9 1,641.1

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