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20

SURVEY OF CURRENT BUSINESS

December 1985

National Income and Product Accounts Tables
New estimates in this issue: Historical revision of the NIPA's. See page 1 for description of revision, and page 2 for availability of back
data.
a.
The abbreviations used in the tables are: CCAdj Capital consumption adjustment
IVA
Inventory valuation adjustment
NIPA's National income and product accounts
p
Preliminary
The full set of NIPA estimates shown regularly in this part of the SURVEY are now available on diskette for $240 per year (12 updates). For
more information, write to the Bureau of Economic Analysis (BE-54), U.S. Department of Commerce, Washington, DC 20230.
Table 1.1.—Gross National Product

Table 1.2.—Gross National Product in Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]

Seasonally adjusted at annual rates

1983

1984

1984
II

Gross national
product
Personal consumption
expenditures
Durable goods ...
Nondurable goods
Services

III

Seasonally adjusted at annual rates

1985
I

IV

II

1983
III

3,401.6 3,774.7 3,757.5 3,812.2 3,852.5 3,917.5 3,960.6 4,016.9
2,229.3 2,423.0 2,414.4 2,439.0 2,480.1 2,525.0 2,563.3 2,606.1
289.6
331.1
330.2
331.1
341.5
351.5
356.5
376.0
817.0
872.4
873.2
895.7
876.6
883.1
910.2
914.5
1,122.7 1,219.6 1,211.1 1,231.3 1,255.4 1,277.8 1,296.6 1,315.6

Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Producers' durable
equipment
Residential
Change in business
inventories
Nonfarm
Farm....
Net exports of goods and
services
Exports
Imports....
Government purchases of
goods and services
Federal
National defense
Nondefense
State and local

1984

501.9
508.3
356.3
126.1

674.0
607.0
427.9
147.6

673.3
604.5
423.4
147.0

687.9
619.5
435.9
151.3

676.2
637.2
458.1
157.2

657.6
639.1
459.6
166.1

672.8
657.3
474.2
169.7

666.1
665.9
478.5
170.4

230.2
152.0

280.2
179.1

276.5
181.0

284.5
183.7

300.9
179.1

293.5
179.4

304.5
183.1

308.1
187.4

-6.4
.8
-7.1

67.1
58.0
9.1

68.9
61.2
7.7

68.3
62.8
5.5

39.0
36.4
2.6

18.5
14.2
4.3

15.5
10.8
4.7

.2
3.1
-2.9

-5.3
354.1
359.4

-59.2
384.6
443.8

-65.3
382.3
447.6

61 9
391.4
453.3

-72.2
389.5
461.7

42 3

379.6
421.9

-70.3
369.2
439.5

-87.8
363.2
451.0

675.7
284.8
215.7
69.2
390.9

736.8
312.9
237.0
76.0
423.9

735.1
314.8
235.8
79.0
420.3

747.3
318.5
236.2
82.2
428.8

768.4
332.9
247.5
85.4
435.5

777.2
334.4
249.5
84.9
442.8

794.8
337.8
256.0
81.7
457.1

832.5
364.8
269.9
95.0
467.7

NOTE.—Percent changes from preceding period for selected items in this table are shown in
table 8.1.

1984
II

Gross national product
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Gross private domestic
investment.
Fixed investment
Nonresidential
Structures
Producers' durable
equipment
Residential
Change in business
inventories
Nonfarm
Farm

III

1985
IV

I

II

III

3,275.2 3,492.0 3,492.6 3,510.4 3,515.6 3,547.8 3,557.4 3,584.1
2,145.9 2,239.9 2,243.0 2,243.4 2,262.0 2,288.6 2,303.5 2,329.6
283.6 318.6 317.7 318.0 327.6 335.0 340.3 359.3
800.7 828.0 832.8 831.2 828.6 839.9 846.7 849.8
1,061.7 1,093.3 1,092.6 1,094.3 1,105.8 1,113.7 1,116.5 1,120.4
503.4
508.9
360.1
129.7

661.3
598.6
430.3
148.7

662.9
596.8
426.8
148.5

673.3
608.4
437.6
151.6

659.9
623.8
457.8
156.0

639.6
623.8
457.2
163.2

655.6
640.5
470.9
165.3

645.0
646.8
473.7
165.8

230.5
148.7

281.6
168.3

278.3
170.0

286.0
170.8

301.9
166.0

293.9
166.7

305.6
169.6

307.9
173.1

-5.5
.4
58

62.7
55.9
6.8

66.0
59.7
6.3

64.9
60.4
4.5

36.1
34.6
1.5

15.8
11.8
4.0

15.1
10.7
4.5

18
1.6
-3.4

1002 -71.8
377.3 368.7
477.5 440.5

101 1
358.2
459.3

119.8
353.5
473.3

693.9
307.3
227.9
79.5
386.6

699.4
305.9
231.5
74.3
393.6

729.2
331.1
243.3
87.9
398.1

Net exports of goods and
services
-21.9 -85.0 -90.4 -88.7
Exports
349.3 370.9 366.6 376.9
Imports
, 371.2 455.9 457.0 465.6
Government purchases of goods
and services
647.8 675.9 677.1 682.4
Federal
275.5 292.5 294.8 296.7
National defense
207.3 220.3 219.6 219.6
Nondefense
68.3
72.3
75.2
77.1
State and local
372.2 383.3 382.4 385.7

691.4
304.3
226.7
77.6
387.1

NOTE.—Percent changes from preceding period for selected items in this table are shown in
table 8.1.

Table 1.3.—Gross National Product by Major Type of Product

Table 1.4.—Gross National Product by Major Type of Product in
Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

1983

1984

1984
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
Services
Structures .

III

1983

1985
IV

I

II

.2
15.5
39.0
68.3
-6.4
67.1
18.5
68.9
1,394.7 1,585.8 1,585.4 1,595.8 1,604.0 1,628.4 1,636.0 1,650.8
1,401.1 1,518.8 1,516.5 1,527.5 1,565.0 1,609.8 1,620.5 1,650.6

-6.4

67.1
679.5
642.5

68.9
673.7
637.6

68.3
680.9
641.4

39.0
701.9
672.6

-.9

37.0

36.1

39.4

29.3

822.4
827.9

906.3
876.2

911.7
878.9

915.0
886.1

902.2
892.5

.2

18.5
706.2
689.4

15.5
705.9
704.0

16.9
922.1
920.5

1.8

-.6.4

930.2
916.5

935.9
929.4

714.8
721.2

13.7
6.6
9.7
30.1
1.6
32.8
28.9
55
1,678.0 1,806.6 1,789.2 1,823.8 1,855.6 1,887.6 1,908.2 1,939.9
328.9 382.2 383.0 392.6 392.9 401.5 416.3 426.2

NOTE.—Percent changes from preceding period for selected items in this table are shown in
table 8.1.




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
Services
Structures

1985

1984
II

III

3,401.6 3,774.7 3,757.5 3,812.2 3,852.5 3,917.5 3,960.6 4,016.9
3,408.0 3,707.6 3,688.7 3,743.9 3,813.5 3,899.0 3,945.0 4,016.7

572.3
573.2

1984

III

IV

I

II

III

3,275.2 3,492.0 3,492.6 3,510.4 3,515.6 3,547.8 3,557.4 3,584.1
3,280.6 3,429.3 3,426.6 3,445.5 3,479.5 3,532.0 3,542.3 3,585.8

15.8
15.1 -1.8
36.1
64.9
62.7
66.0
-5.5
1,362.0 1,506.4 1,511.6 1,514.4 1,510.5 1,530.3 1,531.5 1,541.0
1,367.5 1,443.7 1,445.5 1,449.5 1,474.4 1,514.6 1,516.3 1,542.7
-5.5
559.4
560.5
-1.1
802.6
807.0

62.7

66.0

655.4
619.9

651.6
616.6

64.9
655.4
617.6

36.1
672.6
644.8

35.5
851.0
823.9

35.0

37.9

27.9

860.0
829.0

859.0
832.0

837.9
829.6

673.1
657.2

15.8

15.1
674.2
672.6

15.8
857.3
857.3

857.3
843.8

1.6

-1.8
680.3
686.4

-6.1
860.7
856.3

4.4
-.1
13.5
8.2
27.0
-4.4
27.1
31.0
1,584.3 1,615.4 1,609.6 1,618.7 1,630.1 1,636.0 1,633.9 1,643.4
328.8 370.2 371.5 377.2 375.0 381.5 392.0 399.7

NOTE.—Percent changes from preceding period for selected items in this table are shown in
table 8.1.

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