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SURVEY OF CURRENT BUSINESS

November 1991

NATIONAL INCOME

AND PRODUCTACCOUNTS
Selected NIPA Tables
New estimates in this issue: Comprehensive revision of the national income and product accounts (NIPA's). See page 1 for a brief description of the
comprehensive revision, and page 3 for availability of the revised estimates.
This selected set of 53 NIPA tables, which contains new and redesigned tables as described in the October 1991 SURVEY OF CURRENT BUSINESS, presents
the revised annual estimates for 1987-90 and revised quarterly estimates for 1988:1-1991. :III that were available when this issue went to press. Leaders
are shown in' tables for which the revised estimates were not available: Tables 1.16, 6.1C, 7.4, 7.5, 7.6, 7.9, 7.10. 7.11, 7.12, and 7.15; and parts of
tables 1.10, 7.1, 7.2, 7.3, 7.13, and 8.1.
NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division.

Table 1.1.—Gross Domestic Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

1988

1990

I
Gross domestic 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 ..
Net exports of goods and services
Exports
Imports

1
2
3
4
5

1989

II

III

IV

I

n

1990

III

IV

I

4,539.9 4,900.4 5,244.0 5,513.8 4,752.4 4,857.2 4,9473 5,044.6 5,139.9 5,218.5 5,2773 53404 5,422.4
3,052.2 3,296.1 3,517.9 3,742.6 3,199.1 3,260.5 3326.6 3,398.2 3,436.5 3,490.6 3,551.7 3,592.8 3,6673
403.7 437.1
459.8 465.9 428.8 433.1
433.5 452.9 449.4 457.2 474.5 458.0 479.9
1,011.1 1,073.8 1,146.9 1,217.7 1,041.5 1,062.0 1,085.8 1,105.8 1,120.0 1,142.5 1,155.3 1,169.8 1,194.9
1,637.4 1,785.2 1,911.2 2,059.0 1,728.8 1,765.4 1,807.3 1,839.5 1,867.1 1,891.0 1,921.9 1,965.0 1,992.5

1991

in

n

IV

I

n

m

5,504.7 5,570.5 5,557.5 5,589.0 5,652.6 5,707.4
3,706.0 3,785.2 3,812.0 3,827.7 3368J 3,915.8
464.6 467.1 451.9 440.7 440.0 452.8
1,200.9 1,228.4 1,246.4 1,246.3 1,252.9 1,258.9
2,040.4 2,089.6 2,113.6 2,140.7 2,175.6 2,204.1

6

7493

793.6

837.6

802.6

770.6

788.4

800.7

814.8

844.7

8443

826.8

834.4

812.0

825.9

82L8

750.9

7093

7083

742.0

7
8
9
10
11
12
13
14

723.0
497.8
171.3
326.5
225.2
26.3
32.7
-6.4

777.4
545.4
182.0
363.4
232.0
16.2
27.5
-11.3

801.6
570.7
193.1
377.6
230.9
36.0
35.5
.5

802.7
587.0
198.7
388.3
215.7
0
-2.0
2.0

753.8
526.8
176.6
350.2
227.0
16.8
23.8
-7.0

774.6
544.1
181.4
362.6
230.5
13.8
26.0
-12.3

783.6
550.3
183.1
367.3
233.3
17.1
28.2
-11.2

797.5
560.2
186.8
373.4
237.3
17.3
32.0
-14.7

801.6
565.1
191.1
374.0
236.5
43.2
36.1
7.1

802.0
570.2
190.0
380.2
231.8
42.3
35.3
7.0

803.5
574.2
194.9
379.3
229.2
23.3
28.3
-5.0

799.4
573.4
196.5
376.8
226.0
35.1
42.2
-7.2

815.3
586.3
202.4
384.0
229.0
-3.3
-6.0
2.7

800.2
580.0
199.5
380.5
220.3
25.6
17.1
8.5

807.7
596.3
201.7
394.7
211.4
14.1
9.6
4.4

787.4
585.2
191.2
394.0
202.2
-36.5
-28.9
—7 6

748.4
560.0
184.0
375.9
188.4
-39.2
-35.0
-4.2

745.8
554.6
180.0
374.7
191.2
-37.1
-34.0
-3.1

745.3
547.4
169.3
378.0
197.9
-3.3
-2.9
-.4

-143.1 -108.0

-S2.9

-74.4 -122.0 -105.6

-983 -106.0

-88.9

-83.0

-82.1

-77.5

-78.0

-60.4

-82.5

-76.6

-36.8

-17.2

-38.8

504.9
587.8

550.4
624.8

418.5
540.5

438.8
544.3

452.4
550.9

467.0
573.1

486.1
575.0

506.2
589.2

506.2
588.3

521.3
598.8

534.6
612.6

545.9
606.3

548.7
631.2

572.6
649.2

565.9
602.7

589.8
607.0

595.7
634.4

15
16
17

364.0
507.1

444.2
552.2

Government purchases

18

£31.5

918.7

971.4 1,042.9

904.7

913.8

918,5

937.6

947.5

966.6

980.9

990.7 1,021.2 1,033.2 1,046.0 1,071.2 1,088.8 1,092.5 1,088.4

Federal
National defense
Nondefense
State and local

19
20
21
22

384.9
292.1
92.9
496.6

387.0
295.6
91.4
531.7

401.4
300.0
101-5
570.0

386.6
296.7
89.9
518.1

386.0
294.8
91.2
527.8

383.5
294.0
89.5
535.1

392.0
296.8
95.2
545.7

392.6
293.9
98.7
554.9

401.9
298.5
103.3
564.7

407.6
305.8
101.8
573.3

403.7
301.6
102.1
587.0

424.9
313.4
111.5
618.0

417.2
309.3
107.9
604.0

423.3
312.7
110.7
609.9

424.7
311.1
113.6
621.4

434.5
320.6
113.9
636.7

m

IV

451.5
332.3
119.2
637.3

452.1 444.7
328.4 322.0
122.6
123.7
640.4 , 643.7

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

Table 1.2.—Gross Domestic Product in Constant Dollars
[Billions of 1987 dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

I
Gross domestic 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

n

m

IV

I

n

1991

1990

1989

1988

1990

m

IV

I

n

I

n

m

2

4,540.0 4,718.6 4,836.9 4384.9 4,6553 4,704.8 4,7343 4,779.7 4,809.8 4332.4 4345.6 4359.7 43803 4,9003 4,9033 4355.1 43240 4340.7 4361.0
3,0522 3,162.4 3423.1 3,262.6 3,1282 3,147.8 3,170.6 3202.9 3200.9 3208.6 3241.1 3241.6 32583 3258.6 32812 32513 3241.1 3252.4 3270.6

3
4
5

403.7 428.7 440.8 438.9 425.1 426.9 423.8 439.2 433.6 439.9 454.3 435.6 452.7 438.7 440.3 424.0 410.8 408.9 418.2
1,011.1 1,035.1 1,049.3 1,050.8 1,023.5 1,031.0 1,039.3 1,046.8 1,047.1 1,043.3 1,051.4 1,055.3 1,054.4 1,050.3 1,053.7 1,044.7 1,043.9 1,046.2 1,048.1
1,637.4 1,698.5 1,732.9 1,773.0 1,679.6 1,690.0 1,707.5 1,716.9 1,720.3 1,725.4 1,735.4 1,750.7 1,751.8 1,769.6 1,787.3 1,783.1 1,786.3 1,797.2 1,804.3

1

6

7493

773.4

7892

744.5

756.9

769.4

7822

785.0

8032

797.4

7763

7792

754.9

766.0

7603

696.6

657.0

6563

687.6

7
8
9
10
11
12
13
14

723.0
497.8
171.3
326.5
225.2
26.3
32.7
-6.4

753.4
530.8
174.0
356.8
222.7
19.9
26.9
-7.0

756.6
542.4
177.4
365.0
214.2
32.6
33.3
-.7

744.2
548.8
177.9
370.8
195.5
.2
-1.5
1.7

737.7
517.7
171.6
346.1
220.0
19.2
23,7
-4.5

753.3
531.4
174.4
356.9
222.0
16.1
24.1
-8.1

758.6
535.2
174.1
361.0
223.5
23.5
29.4
-5.8

764.1
538.8
175.7
363.1
225.3
20.9
30.5
-9.6

761.9
540.0
177.8
362.2
221.9
41.2
35.8
5.5

758.5
543.6
175.0
368.6
215.0
38.9
33.4
5.5

756.6
544.7
178.4
366.3
211.9
20.2
25.9
-5.7

749.2
541.3
178.6
362.7
207.9
30.0
38.1
-8.1

758.9
550.7
182.3
368.4
208.2
-4.0
-5.5
1.5

743.8
544.3
178.9
365.4
199.5
22.1
15.5
6.7

746.4
555.5
180.0
375.5
190.9
13.9
9.9
4.0

727.8
544.5
170.4
374.0
183.3
-31.2
-25.7
-5.5

689.8
519.1
163.3
355.8
170.7
-32.8
-31.1
-1.7

686.8
514.8
158.9
355.8
172.0
-30.4
-30.8
.4

687.1
510.2
148.7
361.5
176.9
.4
-2.5
2.9

-101.9 -102.7

-75.7

-513 -113.4

-81.2

-71.9

-79.8

-70.0

-56.0

-52.5

-65.7

-312

-18.6

-123

-323

16
17

364.0
507.1

421.6
525.7

469.2
544.9

505.7
557.0

407.1
520.5

417.2
515.2

424.1
526.1

438.2
540.9

451.2
532.4

469.5
541.3

470.5
550.3

485.8
555.7

496.2
552.2

502.1
554.5

501.6
567.4

522.5
553.7

512.5
531.1

535.7
548.0

544.1
576.4

Government purchases

18

881.5

886.8

900.4

929.1

883.7

885.6

883.7

894.5

886.9

8983

907.4

908.9

923.0

928.1

9273

937.9

9443

9443

9352

Federal .
National defense
Nondefense
State and local

19
20
21
22

384,9
292.1
92.9
496.6

377.3
287.0
90.2
509.6

375.0
280.7
94.4
525.3

380.9
281.3
99.6
548.2

379.7
290.8
88.9
503.9

377.2
287.1
90.1
508.3

373.7
284.6
89.1
510.0

378.4
285.7
92.7
516.1

369.1
276.1
93.0
517.8

376.2
279.9
96.3
522.1

380.9
286.7
94.2
526.4

373.9
279.9
94.0
534.9

379.3
281.5
97.7
543.7

383.3
283.8
99.5
544.8

378.4
278.0
100.4
549.1

382.6
282.0
100.6
555.3

391.7
289.4
102.3
552.7

392.7
287.0
105.7
551.7

384.1
280.0
104.2
551.0

Net exports of goods and services
Exports
Imports

15

-143.0 -104.0

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




-98.1

SURVEY OF CURRENT BUSINESS

November 1991

Table 1.3.—Gross Domestic Product by Major Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

Gross domestic product

1
2
3

Final sales of domestic product
Change in business inventories
Goods1

4

Final sales
Change in business inventories

5
6

;

Durable goods
Final sales
Change in business inventories ..

7
8
9

Nondurable goods
Final sales
,
Change in business inventories

10
11
12

Services1

13

. . . .

14

Structures

m

II

I

1990

1989

1988

1990

rv

I

n

in

IV

n

I

1991

m

IV

I

n

in

4,539.9 4,900.4 5,244.0 5,513.8 4,752.4 4,857.2 4,9473 5 0446 5,139.9 5,218.5 5,2773 5340.4 5,422.4 5,504.7 5,570.5 5,557.5 5,589.0 5,652.6 5,707.4
4,513.7 4,884.2 5,208.1 5,513.8 4,735.6 4,843.4 4,930.2 5,027.3 5,096.7 5,176.2 5,254.0 5,305.3 5,425.7 5,479.1 5,556.5 5,594.0 5,628.2 5,689.6 5,710.6
14.1
-39.2 -37.1
-3.3
25.6
-36.5
-3.3
35.1
16.8
13.8
17.1
17.3
43.2
42.3
23.3
16.2
0
36.0
26.3
1,794.5 1,942.0 2,098.1 2,167.6 1375.7 1,924.5 1,960.7 2,007.0 2,058.9 2,102.9 2,114.1 2,116.4 2,140.2 2,1765 2,195.6 2,158.0 2,169.4 2,186.1 2,211.9
1,768.2 1,925.7 2,062.1 2,167.6 1,859.0 1,910.8 1,943.6 1,989.7 2,015.7 2,060.6 2,090.8 2,081.4 2,143.5 2,150.9 2,181.6 2,194.5 2,208.6 2,223.2 2,215.2
-39.2 -37.1
14.1
-3.3
25.6
-36.5
-3.3
'17.1
43.2
23.3
35.1
16.2
0
16.8
13.8
17.3
42.3
36.0
26.3
775.1
753.5
21.6

859.9
835.6
24.3

919.8
892.9
26.9

927.7
934.6
-7.0

820.0
809.0
11.0

848.0
833.7
14.3

875.4
838.8
36.6

896.3
861.0
35.3

906.0
866.9
39.2

911.7
894.0
17.7

929.1
916.5
12.6

932.2
894.2
37.9

926.6
941.0
-14.4

932.4
931.1
1.4

953.8
939.3
14.5

897.7
927.2
-29.4

873.0
916.4
-43.5

906.1
939.5
-33.5

923.0
929.3
-6.3

1,019.4 1,082.0 1,178.3 1,239.9 1,055.7 1,076.5 1,085.2 1,110.7 1,152.9 1,191.1 1,185.0 1,184.3 1,213.5 1,244.1 1,241.8 1,260.2 1,296.4 1,280.1 1,288.9
1,014.7 1,090.1 1,169.2 1,233.0 1,049.9 1,077.0 1,104.8 1,128.7 1,148.9 1,166.6 1,174.3 1,187.1 1,202.5 1,219.8 1,242.3 1,267.3 1,292.1 1,283.7 1,285.9
3.1
-.4
-7.1
-3.6
4.3
11.0
24.3
-18.0
24.6
10.7
-2.9
5.7
4.0
4.7
-8.1
9.1
6.9
-.5 -19.5
2,267.2 2,460.9 2,634.7 2^34.0 2391.0 2,436.7 2,487.5 2,528.5 2,568.8 2,608.1 2,651.8 2,709.9 2,753.0 2312.6 2364.8 2,905.5 2,951.7 2,999.0 3,031.4
478.2

497.5

51U

512.2

485.7

495.9

499.2

509.1

512.1

507.5

511.5

514.0

529.2

510.1

494.0

m

515.6

IV

467.9

467.4

464.0

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services.

Table 1.4.—Gross Domestic Product by Major Type of Product in Constant Dollars
[Billions of 1987 dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

1990

1988

n

I

1990

1989

III

IV

I

n

in

4345.6

IV

I

n

1991

I

n

in

4340.7

4361.0

1

Goods l

4,540.0 4,718.6 4336.9 4,884.9 4,6553 4,7043 4,7345 4,779.7 4309.8 4,832.4

2
3

Gross domestic product
Final sales of domestic product
Change in business inventories

4,513.7 4,698.6 4,804.3 4,884.7 4,636.2 4,688.7 4,710.9 4,758.7 4,768.5 4,793.5 4,825.4 4,829.7 4,884.8 4,878.1 4,889.4 4,886.3 4,856.8 4,871.2 4,860.6
.4
26.3
19.9
.2
19.2
16.1
-4.0
22.1
-31.2 -32.8 -30.4
32.6
23.5
20.9
41.2
38.9
20.2
30.0
13.9

4359.7 43803 4,9003 4,9033 4355.1 43240

4

1,794.5 1,8925 1,962.0 1,958.0 1,858.2 1,887.4 1,898.6 1,926.0 1,9533 1,971.6 1,966.6 1,956.1 1,961.1 1,973.8 1,9685 1,928.6 1,917.0 1,922.0 1,942.1

Final sales . . . . .
Change in business inventories

5
6

Durable goods
Final sales
,
Change in business inventories

7
8
9

1,768.2 1,872.6 1,929.4 1,957.8 1,839.0 1,871.3 1,875.0 1,905.0 1,912.5 1,932.8 1,946.4 1,926.1 1,965.1 1,951.6 1,954.6 1,959.8 1,949.8 1,952.4 1,941.6
19.9
16.1
.2
-31.2 -32.8 -30.4
.4
32.6
19.2
26.3
23.5
20.9
41.2
30.0
-4.0
22.1
13.9
20.2
38.9
775.2 856.4 893.4 886.2 822.0 849.4 867.7 886.3 889.1 889.9 898.0 896,5 888.7 893.0 905.4 857.5 827.0 852.8 867.6
753.5 833.1 868.2 892.9 811.3
835.3 832.7 852.9 851.6 873.4 886.8 860.9 902.3 891.8 892.3 884.8 866.4 883.3 873.3
14.1
25.2
10.6
21.6
-6.7
35.0
1.2
23.3
33.5
35.6 -13.6
13.1 -27.3 -39.4 -30.5
-5.8
37.5
16.5
11.2

Nondurable goods
Final sales
Change in business inventories

10
11
12

1,019.3 1,036.2 1,068.6 1,071.8 1,036.2 1,038.0 1,030.8 1,039.6 1,064.7 1,081.7 1,068.6 1,059.6 1,072.4 1,080.7 1,063.1 1,071.1 1,090.0 1,069.2 1,074.5
1,014.7 1,039.5 1,061.3 1,065.0 1,027.7 1,036.0 1,042.4 1,052.2 1,060.9 1,059.4 1,059.6 1,065.2 1,062.8 1,059.8 1,062.3 1,075.0 1,083.4 1,069.1 1,068.3
-3.4
7.4
8.6
2.0 -11.5 -12.5
4.7
6.9
22.4
9.7
20.9
6.6
.1
-3.9
6.2
3.7
9.1
-5.6
.8

Services1

13

2,166.9 2,233.6 2,272.8 2344.4 2326.2 2340.2 2359.9 2372.4 2377.9 23915 2,408.4 2,433.2 2,440.1 2,461.2 2,4763 2,481.8 2,487.6 2502.7 2507.8

Structures

14

478.2

476.4

472.1

462.0

470.9

477.2

476.0

4813

478.1

4693

470.6

4705

479.6

465.3

4585

444.6

419.4

416.1

411.2

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.5.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers
[Billions of dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

1990

1988

I
Gross domestic product

1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

Equals: Gross domestic purchases l

..

4

Less: Change in business inventories

5

Equals: Final sales to domestic purchasers2

6

4539.9 4,900.4 5,244.0 55133 4,752.4

4357.2

1989

HI

IV

I

n

1990

III

IV

I

n

1991

ffl

IV

I

n

m

4,9473 5,044.6 5,139.9 5,2185 5,2773 5340.4 5,422.4 5504.7 55705 55575 5589.0 5,652.6 5,707.4
438.8 452.4 467.0 486.1 506.2 506.2 521.3 534.6 545.9 548.7 572.6 565.9 589.8 595.7
544.3 550.9 573.1 575.0 589.2 588.3 598.8 612.6 606.3 631.2 649.2 602.7 607.0 634.4
4,683.0 5,008.4 5326.9 5588.1 4374.4 4,962.7 5,045.8 5,150.7 5,228.8 53015 5359.4 5,417.9 55005 5565.1 5,653.0 5,634.0 5,625.8 5,669.8 5,746.1
26.3
16.2
36.0
0
16.8
13.8
17.1
17.3
43.2
42.3
-3.3
23.3
354
25.6
14.1 -36.5 -39.2 -37.1
-3.3
4,656.7 4,992.2 5,290.9 5588.2 4357.7 4,949.0 5,028.7 5,1333 5,185.6 5,259.2 5336.1 5382.8 5503.8 55395 5,638.9 5,670.6 5,665.0 5,706.8 5,749.4
364.0
507.1

444.2
552.2

504.9
587.8

550.4
624.8

418.5
540.5

. Purchases by U.S. residents of goods and services wherever produced.
2. Final sales to U-.S. residents of goods and services wherever produced.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




n

8

SURVEY OF CURRENT BUSINESS

November 1991

Table 1.6.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant Dollars
[Billions of 1987 dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

1990

1988

n

I

1990

1989

rv

III

I

m

n

4332.4

IV

I

n

1991
ffl

IV

I

II

ID.

Gross domestic product

1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

4,540.0 4,718.6 4^36.9 4^84.9 4,6553 4,704.8 4,734.5 4,779.7 4,8093
364.0 421.6 469.2 505.7 407.1 417.2 424.1 438.2 451.2
507.1 525.7 544.9 557.0 520.5 515.2 526.1 540.9 532.4

Equals: Gross domestic purchases *

4

4,683.0 4,822.6 4,912.6 4,936.2 4,768.7 4,802.8 4,836.4 4,882.4 4,891.0 4,904.3 4,925.4 4,929.7 4,936.8 4,952.7 4,969.1 4,886.3 4,842.6 4,853.1 4,893.3

Less: Change in business inventories

5

Equals: Final sales to domestic purchasers2

6

.2
19.2
16.1
.4
19.9
32.6
20.9
41.2
20.2
-32.8
-30.4
26.3
23.5
38.9
30.0
-4.0
22.1
13.9 -31.2
4,656.7 4,802.6 43«0.0 4,936.0 4,749.5 4,786.7 4312.9 4361.4 4349.7 4365.4 4,905.1 4399.7 4,940.8 4,930.6 4,955.1 4,917.5 4375.4 4383.5 4392.9

469.5
541.3

4,845.6 4359.7 43803 4,9003 4,9033 4355.1 4,824.0 4340.7 4361.0
470.5 485.8 496.2 502.1 501.6 522.5 512.5 535.7 544.1
550.3 555.7 552.2 554.5 567.4 553.7 531.1 548.0 576.4

1. Purchases by U.S. residents of goods and services wherever produced.
2. Final sales to U.S. residents of goods and services wherever produced.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.7.—Gross Domestic Product by Sector
[Billions of dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

1990
I

Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
General government
Federal
State and local
Addendum:
Gross domestic business product less housing

1
2
3
4
5
6
7

II

rv

III

I

n

1991

1990

1989

1988

m

IV

4,539.9 4,900.4 5,244.0 5,513.8 4,752.4 4,857.2 4,9473 5,044.6 5,139.9 5,218.5 5,2773 5340.4
3390.8 4,201.0 4,490.7 4,699.4 4,070.6 4,164.0 4,242.2 4327.3 4,404.6 4,471.7 4,5183 4,568.0
3,849.5 4,161.8 4,411.3 4,605.6 4,034.0 4,124.9 4,196.4 4,291.9 4,348.2 4,393.5 4,436.2 4,467.6
3,480.6 3,765.1 3,986.8 4,155.8 3,646.8 3,732.5 3,796.4 3,884.5 3,935.4 3,975.1 4,003.6 4,032.9
368.9 396.8 424.6 449.8 387.2 392.4 400.0 407.5 412.8 418.4 432.6 434.6
67.2
82.6
82.5
82.1
85.7
70.9
71.6
60.8
83.5
79.6
66.0
67.6
17.9
-5.2
2.5
8.1 -34.4 -28.1 -25.8 -25.4 -26.0
-28.4
-2.7
-24.8

I

in

II

IV

I

n

m

5,422.4 5,504.7 5,570.5 5,557.5 5,589.0 5,652.6 5,707.4
4,630.6 4,696.2 4,748.7 4,7223 4,734.7 4,786.8 4332.9
4,538.3 4,608.9 4,634.8 4,640.4 4,640.1 4,687.2 4,728.3
4,099.5 4,163.4 4,179.5 4,180.6 4,175.7 4,217.6 4,254.2
438.8 445.5 455.3 459.8 464.3 469.7 474.1
82.9
76.6
83.1
89.6
85.7
79.8
87.8
18.0
16.5
21.7
-2.4
28.2
2.1
4.4

8

170.5

187.6

205.0

225.1

180.8

1853

190.1

1943

198.6

202.8

207.1

211.7

216.1

222.2

228.9

2333

237.5

243.7

249.9

9
10

7.7
162.8

8.3
179.3

8.9
196.2

9.1
216.1

7.9
172.8

8.2
177.1

8.5
181.6

8.7
185.7

8.8
189.8

8.9
193.9

8.9
198.2

8.9
202.8

8.9
207.2

9.2
213.0

9.1
219.8

9.1
224.2

9.2
228.3

9.5
234.2

9.6
240.3

11

478.7

511.7

5483

589.2

501.1

5073

515.0

523.0

536.7

544.0

551.9

560.6

575.7

586.4

592.9

601.9

616.8

622.0

624.5

12
13

151.4
327.3

159.8
351.9

169.2
379.1

179.4
409.8

158.5
342.6

159.4
348.5

160.2
354.9

161.3
361.7

168.1
368.6

168.7
375.3

169.4
382.5

170.4
390.2

177.5
398.2

180.1
406.2

179.1
413.8

181.0
420.9

189.4
427.4

188.7
433.2

188.4
436.1

ID

IV

14

Table 1.8.—Gross Domestic Product by Sector in Constant Dollars
[Billions of 1987 dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

I
1

4,540.0 4,718.6
3390.8 4,050.6
3,849.6 4,014.8
3,480.7 3,636.4
368.9 378.4
66.0
63.2
-24.8 -27.4

478.7
151.4
327.3

153.5
333.9

153.3
331.2

153.2
332.8

Households and institutions
Private households
Nonprofit institutions

8

170.5

9
10

7.7
162.8

General government

11
12
13

Addendum:
Gross domestic business product less housing




14

III

4,704.8
4,039.7
4,001.2
3,624.4
376.8
65.8
-27.2

3
4
5
6
7

Federal
State and local

n

4,836.9 4,884.9 4,6553
4,150.4 4,180.4 3,994.7
4,085.9 4,101.9 3,956.8
3,700.3 3,711.3 3,581.8
385.6 390.6 375.0
67.2
71.4
71.7
7.2 -33.8
-2.7
189.7 195.7 176.2
180.6
7.9
8.2
8.6
8.6
172.4 181.1 187.1 168.3
487.4 4963 508.8 484.4

Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Farm % .
Statistical discrepancy

2

1989

1988

1990

154.1
342.7

155.7
353.1

4,734.5
4,063.6
4,026.8
3,647.3
379.4
61.6
-24.7
179.0 182.4
8.1
8.3
170.9 174.1
486.1 488.4
153.6
334.8

IV

I

n

1991

1990
ffl

4,779.7 4,809.8 4,832.4
4,104.2 4,129.9 4,148.0
4,074.5 4,088.4 4,084.0
3,692.0 3,705.2 3,699.7
382.5 383.1 384.3
53.8
65.9
68.9
-24.1 -24.4
-4.8
184.7

187.2

8.5
176.2

8.6
178.6

490.7

492.7

4,845.6
4,157.0
4,087.9
3,701.1
386.8
66.7
2.3
190.6
1893
8.6
8.7
180.7 181.9
495.1 498.1

154.0
336.7

153.8
338.9

153.8
341.2

154.2
343.8

IV

I

n

4,880.8 4,9003
4,1833 4,196.7
4,109.4 4,126.9
3,720.6 3,737.6
388.8 389.2
69.9
72.0
-2.1
4.0
192.8 194.8
1913

4,859.7
4,166.6
4,083.2
3,695.1
388.1
67.1
16.3

I

4,9033 4,855.1 4,824.0
4,196.4 4,145.1 4,111.4
4,099.9 4,071.2 4,024.6
3,708.4 3,678.3 3,631.2
391.5 392.9 393.4
72.0
71.7
71.1
1.9
15.7
24.9
198.8
197.2 197.9

n

ffl

4,840.7 4,861.0
4,126.4 4,146.9
4,040.1 4,054.2
3,645.9 3,659.0
394.2 395.2
74.1
72.1
14.3
18.6
201.1

203.2

8.7
183.1

8.6
184.2

8.7
186.0

8.5
188.7

8.4
189.4

8.4
190.4

8.6
192.6

8.6
194.6

5013

504.7

508.7

509.6

512.1

513.9

513.2

511.0

154.5
346.7

155.0
349.7

156.4
352.3

155.3
354.4

156.2
356.0

157.0
356.9

155.5
357.7

154.4
356.6

SURVEY OF CURRENT BUSINESS

November 1991

Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income
[Billions of dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

1988

1990

I

n

IV

n

I

1991

1990

1989

III

m

IV

in

n

I

IV

I

n

m

4,539.9 4,900.4 5,244.0 5,513.8 4,752.4 4,857.2 4,9473 5,044.6 5,139.9 5,2185 5,2773 53404 5,422.4 5,504.7 5,570.5 55575 5589.0 5,652.6 5,707.4

Gross domestic product

1

Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
world*

2

105.1

128.7

145.4

147.7

123.3

123.3

128.3

139.9

141.1

147.3

143.4

149.8

145.0

142.2

145.4

158.3

147.9

131.6

132.1

3

100.5

120.8

141.2

137.0

111.4

117.7

124.1

130.2

136.7

148.2

140.9

139.2

134.8

141.5

139.1

132.6

125.2

123.5

119.0

Equals: Gross national product

4

4,544.5 4,908.2 5,248.2 5,524.5 4,7643 4,862.7 4,951.6 5,0543 5,1443 5,217.7 5,279.8 5350.9 5,432.7 5,505.5 5,576.8 5583.2 5,611.7 5,660.6 5,7205

Less: Consumption of fixed capital
Capital consumption allowances
Less: Capital consumption adjustment
Equals: Net national product
,

5
6
7
8

502.2 534.0 574.5 594.8 522.4 529.9 536.5 547.2 556.0 563.6 586.7 591.7 585.3 590.1 598.3 605.4 615.4 620.0 625.2
513.6 542.1 556.3 548.5 533.8 540.6 545.6 548.6 551.7 553.4 560.1 560.0 551.3 548.8 547.1 547.0 550.8 556.2 564.6
11.4
10.7
11.4
8.1 -18.2 -46.2
-4.3 -10.2 -26.6 -31.6 -34.0 -41.4 -51.2 -58.4 -64.5 -63.8 -60.6
9.1
1.4
4,042.4 4,374.2 4,673.7 4,929.8 4,241.9 4332.8 4,415.1 4,507.2 4,5883 4,654.1 4,693.2 4,759.2 4347.4 4,915.4 4,9785 4,977.8 4,9963 50406 5,0953

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.

9
10
11
12

365.0
24.0
-24.8
14.1

385.3
25.6
-28.4
10.9

411.0
26.8
-2.7
6.1

439.2
27.7
8.1
4.8

376.8
25.2
-34.4
14.6

382.0
25.3
-28.1
12.8

388.3
24.6
-25.8
-.3

394.2 399.9
27.2 , 27.2
-25.4 -26.0
15.4
16.5

408.1
26.9
-5.2
6.5

416.7
26.3
2.5
-3.0

419.2
27.0
17.9
5.3

430.8
26.8
4.4
10.2

432.3
27.7
-2.4
3.3

442.3
27.6
28.2
-5.2

451.2
28.5
2.1
10.8

461.6
29.6
18.0
2.7

464.5
30.7
16.5
1.9

475.6
31.8
21.7
-7.1

3,6923 4,002.6 4,244.7 4,459.6 3,888.8 3,9663 4,027.6 4,127.6 4,202.6 4,230.9 4,244.7 4300.5 43955 4,461.0 4,4753 4506.8 4,489.8 4530.8 4559.1

Equals: National income

13

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons

14

319.8

365.0

351.7

319.0

352.1

364.2

365.3

378.3

366.2

361.0

345.0

334.7

340.2

339.8

299.8

296.1

302.1

3035

303.9

15
16
17
18
19
20
21

360.4
400.7
0
548.1
100.4
521.3
20.8

387.7
442.3
0
583.2
108.4
555.9
20.8

452.6
473.4
0
669.0
119.8
602.0
22.4

490.1
501.7
.1
721.3
124.8
661.7
23.2

374.9
431.3
0
564.8
103.1
548.9
20.5

376.5
438.7
0
570.8
106.4
553.2
20.7

391.1
445.6
0
588.1
110.5
557.9
20.8

408.1
453.5
0
608.9
113.8
563.5
21.3

429.9
466.8

448.4
471.3
0
665.6
119.1
594.6
22.3

462.4
475.4
0
679.1
120.8
606.8
22.3

469.6
480.2
0
691.9
122.2
621.8
22.4

477.5
493.0
0
703.0
123.7
646.6
22.6

484.5
498.6
0
716.2
123.5
653.7
23.1

491.8
505.8
0
729.1
124.8
664.4
23.2

506.4
509.3
.2
736.9
127.0
682.2
23.6

492.6
522.9
.2
730.1
128.7
712.5
24.7

481.6
525.7
-.4
721.8
127.4
725.7
25.8

478.6
530.6
.4
715.7
128.7
737.1
26.9

Equals: Personal income

22

3,802.0 4,075.9 4380.2 4,679.8 3,967.7 4,037.9 4,102.9 4,195.2 4^03.8 4351.7 4390.9 4,474.4 4,580.6 4,654.7 4,7193 4,764.7 4,768.0 4321.1 4,854.0

23
24
25

4,037.8 4,366.4 4,669.5 4,919.0 4,230.0 4,327.3 4,410.8 4,497.4 4,583.8 4,655.0 4,690.7 4,748.7 4,837.2 4,914.6 4,972.2 4,952.1 4,973.6 5,032.6 5,082.2
3,687.7 3,994.7 4,240.5 4,448.9 3,876.9 3,960.8 4,023.3 4,117.9 4,198.2 4,231.7 4,242.2 4,289.9 4,385.3 4,460.2 4,469.0 4,481.1 4,467.1 4,522.8 4,546.0
4,569.3 4,936.7 5,250.9 5,516.5 4,798.7 4,890.8 4,9774 5,079.7 5,170.3 5,222.9 5,277.3 5,333.0 5,428.2 5,507.9 5,548.6 5,581.1 5,593.7 5,644.1 5,698.8

Addenda:
Net domestic product (1—5)
Domestic income (13—2+3)
Gross national income (4—11)

„....

1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.

o

639.4
117.0
585.0
22.6

2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of
U.S. affiliates of foreign corporations.

Table 1.10.—Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income in Constant Dollars
[Billions of 1987 dollars]
Seasonally adjusted at annual rates
Line

1987

1988

1989

1988

1990

I-

n

1989

III

IV

I

n

1991

1990

in

IV

n

I

in

IV

I

n

in

4540.0 4,718.6 4,836.9 4,884.9 4,6553 4,704.8 4,7345 4,779.7 4,809.8 4,832.4 4,845.6 4,859.7 4,880.8 4,9003 4,9033 4,855.1 4,824.0 4,840.7 4,861.0

Gross domestic product
Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
world*

2

105.0

123.8

133.7

130.2

120.8

119.3

122.6

132.3

131.7

136.1

131.2

135.8

130.0

125.9

127.2

137.4

126.8

111.8

111.6

3

100.4

116.1

129.9

120.4

109.0

113.8

118.4

123.0

127.6

136.9

129.0

126.1

120.6

125.0

121.4

114.7

107.0

104.7

100.3

Equals: Gross national product

4

4544.6 4,7263 4,840.7 4,894.6 4,667.1 4,7103 4,738.7 4,789.0 4,813.9 4,831.6 4,847.9 4,8693 4,890.2 4,9013 4,9093 4,877.7 4,843.7 4,847.8 4,8723

Less* Consumption of fixed capital

5

Equals: Net national product

6

502.2 518.5 542.1 550.5 512.2 516.4 520.6 524.7 528.9 532.9 552.3 554.3 544.4 548.3 552.4 556.7 561.9 565.3 569.0
4,042.4 4,207.8 4,298.6 4344.2 4,155.0 4,193.9 4,218.1 4,264.2 4,285.0 4,298.7 4,2955 4315.0 4345.8 4352.9 4356.7 4321.0 4,281.8 4,2825 43033

Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy

7

Equals: National income
Addenda:
Net domestic product (1—5) ..
Domestic income (9-2+3)
Gross national income (4—8)

. .

8
9

-24.8

-27.4

-2.7

7.2

-33.8

-27.2

-24.1

-24.4

-4.8

2.3

16.3

4.0

-2.1

24.9

1.9

15.7

14.3

18.6

10
11

4,037.9 4,200.1 4,294.8 4,334.4 4,143.2 4,188.4 4,213.9 4,254.9 4,280.9 4,299.6 4,293.3 4,305.3 4,336.4 4,351.9 4,350.9 4,298.3 4,262.0 4,275.4 4,292.0

12

4,569.4 4,753.6 4,843.2 4,887.5 4,700.8 4,737.5 4,763.4 4,813.6 4,838.2 4,836.4 4,845.5 4,853.1 4,886.2 4,903.4 4,884.4 4,875.9 4,828.2 4,833.7 4,853.8

1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.




-24.7

2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of
U.S. affiliates of foreign corporations.

35

SURVEY OF CURRENT BUSINESS

November 1991

Summary National Income and Product Series
Table 1.—Gross Domestic Product
[Billions of dollars; quarterly data are seasonally adjusted at annual rates]
Personal consumption expenditures Gross private domestic investment
Year and quarter

GDP

Total

NonDurable durable
goods goods

Services

Total

NonResiresiden- dential
tial

CBI

Net

Percent change from preceding
period

Government purchases

Net exports

Exports Imports

Total

Federal

State
and
local

Final
sales of
domestic
product

Gross
domes- Gross
tic pur- national
product
chases

GDP

Final
Gross
sales of domesdomes- tic purtic
chases
product

GNP

1959

494.2

318.1

42.8

148.5

126.8

78.8

46.5

28.1

4.2

-1.7

20.6

22.3

99.0

57.1

41.8

490.0

495.8

497.0

1960 ...............................
1961
1962
1963
1964

513.4
531.8
571.6
603.1
648.0

332.4
343.5
364.4
384.2
412.5

43.5
41.9
47.0
51.8
56.8

153.1
157.4
163.8
169.4
179.7

135.9
144.1
153.6
163.1
175.9

78.7
77.9
87.9
93.4
101.7

49.2
48.6
52.8
55.6
62.4

26.3
26.4
29.0
32.1
34.3

3.2
2.9
6.1
5.7
5.0

2.4
3.4
2.4
3.3
5.5

25.3
26.0
27.4
29.4
33.6

22.8
22.7
25.0
26.1
28.1

99.8
107.0
116.8
122.3
128.3

55.3
58.6
65.4
66.4
67.5

44.5
48.4
51.4
55.8
60.9

510.1
528.9
565.5
597.5
643.0

510.9
528.4
569.2
599.8
642.5

516.6
535.4
575.8
607.7
653.0

3.9
3.6
7.5
5.5
7.4

4.1
3.7
6.9
5.7
7.6

3.0
3.4
7.7
5.4
7.1

3.9
3.6
7.5
5.5
7.5

1965
1966
1967
1968
1969

702.7
769.8
814.3
889.3
959.5

444.6
481.6
509.3
559.1
603.7

63.5
68.5
70.6
81.0
86.2

191.9
208.5
216.9
235.0
252.2

189.2
204.6
221.7
243.1
265.3

118.0
130.4
128.0
139.9
155.2

74.1
84.4
85.2
92.1
102.9

34.2
32.3
32.4
38.7
42.6

9.7
13.8
10.5
9.1
9.7

3.9
1.9
1.4
-1.3
-1.2

35.4
38.9
41.4
45.3
49.3

31.5
37.1
39.9
46.6
50.5

136.3
155.9
175.6
191.5
201.8

69.5
81.3
92.8
99.2
100.5

66.8
74.6
82.7
92.3
101.3

693.0
756.0
803.8
880.2
949.8

698.8
767.9
812.9
890.6
960.7

708.1
774.9
819.8
895.5
965.6

8.4
9.5
5.8
9.2
7.9

7.8
9.1
6.3
9.5
7.9

8.8
9.9
5.9
9.6
7.9

8.4
9.4
5.8
9.2
7.8

1970 ...............................
1971
1972
1973
1974

1,010.3
1,096.8
1,206.5
1,349.0
1,457.9

646.5
700.3
767.8
848.1
927.7

85.3
97.2
110.7
124.1
123.0

270.4
283.3
305.2
339.6
380.8

290.8
319.8
351.9
384.5
423.9

150.0
175.2
205.2
242.5
245.1

106.4
111.4
125.6
149.5
164.8

41.4
55.8
69.7
75.3
66.0

2.3
8.0
9.9
17.7
14.3

1.2
-3.0
-8.0
.6
-3.1

57.0
59.3
66.2
91.8
124.3

55.8
62.3
74.2
91.2
127.5

212.7
224.3
241.5
257.7
288.3

100.1
100.0
106.9
108.5
117.6

112.6
124.3
134.7
149.2
170.7

1,008.1
1,088.8
1,196.6
1,331.3
1,443.7

1,009.1
1,099.8
1,214.5
1,348.4
1,461.1

1,016.8
1,104.5
1,215.2
1,361.7
1,473.6

5.3
8.6
10.0
11.8
8.1

6.1
8.0
9.9
11.3
8.4

5.0
9.0
10.4
11.0
8.4

5.3
8.6
10.0
12.1
8.2

1975 ...............................
1976
1977
1978
1979

1,584.8
1,767.1
1,974.1
2,232.7
2,488.6

1,024.9
1,143.1
1,271.5
1,421.2
1,583.7

134.3
160.0
182.6
202.3
214.2

416.0
451.8
490.4
541.5
613.3

474.5
531.2
598.4
677.4
756.2

225.0
285.0
358.3
434.0
480.2

167.9
185.8
223.2
274.5
326.4

62.7
82.5
110.3
131.6
141.0

-5.7
16.7
24.7
27.9
12.8

13.6
-2.3
-23.7
-26.1
-23.8

136.3
148.9
158.8
186.1
228.9

122.7
151.1
182.4
212.3
252.7

321.4
341.3
368.0
403.6
448.5

129.4
135.8
147.9
162.2
179.3

192.0
205.5
220.1
241.4
269.2

1,590.5
1,750.3
1,949.4
2,204.8
2,475.9

1,571.3
1,769.3
1,997.8
2,258.8
2,512.5

1,598.1
1,784.1
1,994.6
2,254.5
2,520.8

8.7
11.5
11.7
13.1
11.5

10.2
10.0
11.4
13.1
12.3

7.5
12.6
12.9
13.1
11.2

8.4
11.6
11.8
13.0
11.8

1980
1981
1982
1983
1984

2,708.0
3,030.6
3,149.6
3,405.0
3,777.2

1,748.1
1,926.2
2,059.2
2,257.5
2,460.3

212.5
228.5
236.5
275.0
317.9

682.9 852.7
744.2 953.5
772.3 1,050.4
817.8 1,164.7
873.0 1,269.4

467.6
558.0
503.4
546.7
718.9

353.8
410.0
413.7
400.2
468.9

123.3
122.5
105.7
152.0
178.9

-9.5 -14.7
25.4 -14.7
-15.9 -20.6
-51.4
-5.5
71.1 -102.7

279.2
303.0
282.6
276.7
302.4

293.9
317.7
303.2
328.1
405.1

507.1
561.1
607.6
652.3
700.8

209.1
240.8
266.6
292.0
310.9

298.0
320.3
341.1
360.3
389.9

2,717.5
3,005.2
3,165.5
! 3,410,6
3,706.1

2,722.8
3,045.3
3,170.2
3,456.5
3,879.9

2,742.1
3,063.8
3,179.8
3,434.4
3,801.5

8.8
11.9
3.9
8.1
10.9

9.8
10.6
5.3
7.7
8.7

8.4
11.8
4.1
9.0
12.2

8.8
11.7
3.8
8.0
10.7

1985
1986
1987
1988
1989

4,038.7
4,268.6
4,539.9
4,900.4
5,244.0

2,667.4
2,850.6
3,052.2
3,296.1
3,517.9

352.9 919.4 1,395.1
389.6 952.2 1,508.8
403.7 1,011.1 1,637.4
437.1 1,073.8 1,785.2
459.8 1,146.9 1,911.2

714.5
717.6
749.3
793.6
837.6

504.0
492.4
497.8
545.4
570.7

185.9
216.6
225.2
232.0
230.9

4,014.1
4,260.0
4,513.7
4,884.2
5,208.1

4,154.3
4,401.2
4,683.0
5,008.4
5,326.9

1990 . .

5,513.8 3,742.6

465.9 1,217.7 2,059.0

24.6
8.6
26.3
16.2
36.0

-115.6
-132.5
-143.1
-108.0
-82.9

302.1
319.2
364.0
444.2
504.9

417.6
451.7
507.1
552.2
587.8

772.3
833.0
881.5
918.7
971.4

344.3
367.8
384.9
387.0
401.4

428.1
465.3
496.6
531.7
570.0

4,053.6
4,277.7
4,544.5
4,908.2
5,248.2

6.9
5.7
6.4
7.9
7.0

8.3
6.1
6.0
8.2
6.6

7.1
5.9
6.4
6.9
6.4

6.6
5.5
6.2
8.0
6.9

624.8 1,042.9

424.9

618.0 5,513.8 5,588.1 5,524.5

802.6

587.0

215.7

0

-74.4

550.4

5.1

5.9

4.9

5.3

483.5
496.2
496.4
500.5

310.5
316.4
321.7
323.8

41.6
43.4
44.2
42.0

146.2
147.6
149.2
150.8

122.7
125.4
128.2
131.0

76.7
82.7
76.3
79.4

44.5
46.1
47.8
47.6

27.8
28.8
28.3
27.5

4.4
7.8
.2
4.3

-1.7
-2.5
-1.1
-1.4

19.7
20.0
21.8
21.1

21.4
22.5
22.9
22.5

98.0
99.6
99.5
98.7

56.3
57.7
57.6
56.9

41.7
41.9
41.9
41.7

479.1
488.4
496.2
496.2

485.3
498.8
497.5
501.9

486.2
498.9
499.3
503.6

10.9
.2
3.3

8.0
6.5
0

11.6
-1.0
3.6

10.9
.3
3.5

1960: I
.
II
Ill
IV

514.0
512.9
515.8
510.8

327.3
333.4
333.4
335.5

43.3
44.2
43.7
42.5

150.9
153.8
153.4
154.4

133.1
135.4
136.3
138.6

89.1
79.4
78.4
68.1

49.4
50.2
48.9
48.5

28.4
26.1
25.3
25.3

11.3
3.0
4.2
-5.7

.9
1.7
3.0
4.0

24.2
25.2
25.9
25.8

23.3
23.5
22.9
21.7

96.7
98.4
100.9
103.1

53.7
54.2
55.8
57.3

42.9
44.2
45.1
45.8

502.7
509.8
511.6
516.4

513.1
511.1
512.8
506.7

517.0
516.0
519.0
514.2

11.2
-.9
2.3
-3.8

5.3
5.8
1.4
3.8

9.2
-1.6
1.3
-4.7

11.1
-.8
2.3
-3.6

1961: 1
H
Ill
IV

515.1
525.9
536.6
549.5

336.4
341.4
344.4
351.7

40.0
41.0
42.3
44.3

155.9
156.8
157.4
159.6

140.5
143.5
144.8
147.8

70.2
75.4
82.2
84.0

47.4
48.3
48.6
50.2

25.3
25.5
26.9
27.8

-2.6
1.6
6.7
6.0

4.4
3.3
2.8
2.9

26.1
25.2
26.1
26.8

21.7
21.9
23.3
23.9

104.2
105.9
107.1
110.8

56.7
58.2
58.7
60.6

47.5
47.6
48.4
50.2

517.7
524.4
529.9
543.5

510.7
522.7
533.7
546.6

518.8
529.4
540.2
553.2

3.4
8.7
8.4
10.0

1.0
5.3
4.3
10.7

3.2
9.7
8.7
10.0

3.6
8.4
8.4
10.0

1962: 1 ...........................
II
HI
IV

561.9
569.4
576.2
578.9

356.2
362.2
366.4
372.7

45.3
46.6
47.1
49.1

161.5
162.9
164.4
166.3

149.4
152.7
154.8
157.3

89.3
87.9
89.1
85.4

51.4
53.0
53.7
53.2

28.4
29.2
29.2
29.1

9.5
5.6
6.2
3.1

2.3
3.2
2.9
1.5

26.6
28.1
28.0
27.0

24.3
24.9
25.1
25.5

114.1
116.1
117.9
119.2

63.7
65.1
66.2
66.7

50.4
51.0
51.7
52.6

552.4
563.7
570.0
575.8

559.7
566.2
573.3
577.4

565.7
573.5
580.3
583.7

9.3
5.4
4.9
1.9

6.7
8.4
4.5
4.1

9.9
4.7
5.1
2.9

9.3
5.6
4.8
2.4

1963: 1
H
HI
IV

588.1
596.7
609.4
618.3

376.3
380.6
387.7
392.3

50.2
51.5
52.2
53.3

167.5
168.2
170.7
171.2

158.6
161.0
164.8
167.9

90.3
91.8
94.7
96.6

53.1
54.7
56.3
58.1

30.2
32.2
32.5
33.7

7.0
4.9
5.9
4.8

2.0
3.7
3.1
4.4

27.2
29.6
29.8
31.1

25.2
25.9
26.7
26.8

119.5
120.5
124.0
125.0

65.4
65.6
67.4
67.2

54.1
54.9
56.5
57.8

581.1
591.8
603.5
613.5

586.1
592.9
606.4
613.9

592.7
601.1
613.9
623.0

6.5
6.0
8.8
6.0

3.7
7.6
8.1
6.8

6.2
4.7
9.4
5.0

6.3
5.8
8.8
6.1

1964- 1

634.8
643.6
654.1
659.7

401.7
409.4
418.1
420.6

55.4
56.8
58.6
56.6

175.3
178.5
182.0
183.1

171.1
174.2
177.5
180.9

100.6
100.4
101.5
104.4

59.6
61.4
63.5
65.2

35.4
34.2
33.7
33.8

5.6
4.8
4.3
5.4

5.9
4.9
5.4
5.7

32.9
32.6
33.9
35.0

27.0
27.7
28.4
29.3

126.6
128.8
129.0
129.1

67.6
68.2
67.4
66.6

59.0
60.6
61.5
62.5

629.2
638.7
649.7
654.3

628.9
638.7
648.6
654.0

639.9
648.5
659.2
664.5

11.1
5.7
6.7
3.5

10.6
6.2
7.1
2.9

10.1
6.4
6.3
3.4

11.3
5.5
6.8
3.3

1965:1
H

in

IV

679.8
691.9
708.3
730.7

431.2
438.2
447.4
461.5

62.1
61.9
63.8
66.1

185.6
189.1
192.8
200.0

183.5
187.1
190.8
195.5

115.8
115.8
119.1
121.3

69.7
72.4
75.3
78.9

33.9
34.2
34.3
34.5

12.3
9.2
9.5
7.8

3.0
4.7
3.7
4.1

31.5
36.3
35.7
38.0

28.5
31.7
32.0
33.9

129.8
133.3
138.2
143.8

66.1
67.6
70.0
74.1

63.6
65.6
68.2
69.7

667.5
682.7
698.8
722.8

676.8
687.3
704.6
726.6

685.3
697.7
713.7
735.6

12.8
7.3
9.8
13.3

8.3
9.4
9.8
14.5

14.7
6.4
10.5
13.1

13.1
7.4
9.5
12.9

1966: 1
H
Ill
IV

753.1
762.2
775.3
788.5

471.8
476.8
486.1
491.7

69.2
66.5
69.1
69.3

204.2
207.7
210.7
211.4

198.5
202.6
206.4
210.9

130.5
129.9
129.4
131.9

82.2
84.2
85.3
85.7

34.8
33.2
31.9
29.2

13.5
12.5
12.2
17.0

3.2
2.0
.8
1.5

38.2
38.2
39.0
40.4

35.0
36.2
38.2
38.8

147.5
153.5
159.0
163.4

75.9
80.2
83.8
85.3

71.6
73.3
75.2
78.1

739.6
749.7
763.1
771.5

749.9
760.2
774.5
787.0

758.2
767.3
780.3
793.9

12.8
4.9
7.1
7.0

9.6
5.6
7.3
4.5

13.5
5.6
7.7
6.6

12.9
4.9
7.0
7.2

1967- 1
II
III
IV

797.7
803.8
820.5
835.3

496.6
506.1
513.5
521.0

67.8
71.2
71.3
72.2

213.7
215.5
217.8
220.6

215.1
219.4
224.3
228.2

126.6
122.5
129.5
133.5

84.3
84.5
84.7
87.2

28.3
31.6
33.4
36.0

14.0
6.4
11.4
10.2

2.3
2.1
1.1
.2

41.7
41.1
40.7
41.9

39.4
39.0
39.5
41.7

172.2
173.1
176.3
180.6

91.8
91.4
93.2
95.0

80.4
81.7
83.1
85.6

783.7
797.5
809.1
825.2

795.4
801.7
819.3
835.1

803.0
809.0
826.2
841.0

4.7
3.1
8.6
7.4

6.5
7.2
5.9
8.2

4.3
3.2
9.1
7.9

4.7
3.0
8.8
7.4

1968- 1
II
III
IV

859.6
883.7
900.3
913.7

539.0
552.6
568.3
576.6

77.3
79.3
83.6
83.8

227.6
232.6
238.6
241.1

234.1
240.6
246.1
251.6

135.3
141.7
140.3
142.4

90.6
89.9
91.8
96.0

36.9
38.2
38.9
40.9

7.8
13.7
9.6
5.4

-1.2
-.6
-1.3
-1.9

43.2
44.8
47.0
46.2

44.4
45.4
48.2
48.2

186.5
190.0
192.9
196.7

98.0
98.6
99.4
100.6

88.5
91.4
93.5
96.1

851.8
870.0
890.6
908.3

860.8
884.3
901.5
915.6

865.5
889.8
906.6
920.0

12.2
11.7
7.7
6.1

13.5
8.8
9.8
8.2

12.9
11.4
8.0
6.4

12.2
11.7
7.8
6.0

1969: 1
II
HI
IV

937.3
951.1
970.7
978.8

587.9
598.5
608.3
620.0

85.8
86.2
86.4
86.5

245.5
250.2
254.2
258.8

256.6
262.1
267.6
274.7

154.3
154.1
159.1
153.3

99.5
101.4
105.1
105.6

43.2
43.4
43.2
40.7

11.6
9.3
10.9
7.1

-1.9
-1.8
-1.3
.1

41.9
50.9
51.0
53.2

43.8
52.7
52.4
53.1

196.9
200.2
204.6
205.4

99.0
99.6
102.2
101.3

98.0
100.6
102.4
104.1

925.7
941.7
959.8
971.7

939.2
952.8
972.0
978.7

943.7
957.3
976.7
984.8

10.7
6.0
8.5
3.4

7.9
7.1
7.9
5.1

10.7
5.9
8.3
2.8

10.7
5.9
8.4
3.4

1970: 1
II

in

IV

989.5
1,003.4
1,022.4
1,026.1

631.0
641.1
653.5
660.3

85.2
86.4
87.3
82.5

264.7
268.2
271.9
276.5

281.1
286.5
294.3
301.3

148.4
149.9
153.6
148.1

105.6
106.7
107.8
105.3

40.7
39.4
40.4
45.0

2.1
3.7
5.4
-2.2

1.1
2.4
.9
.4

54.7
57.6
57.3
58.3

53.5
55.2
56.4
57.9

208.9
210.0
214.5
217.3

101.4
99.6
99.6
99.8

107.5 987.4 988.3 995.8
110.4 999.6 1,001.0 1,010.0
114.8 1,017.0 1,021.5 1,029.0
117.5 1,028.3 1,025.7 1,032.2

4.4
5.7
7.8
1.5

6.6
5.0
7.1
4.5

4.0
5.2
8.4
1.7

4.5
5.8
7.7
1.2

1971: 1
II
HI
IV

1,069.4
1,087.8
1,108.0
1,122.0

679.6
693.6
706.0
722.1

93.1
95.9
98.1
101.9

278.3
282.0
284.4
288.5

308.2
315.8
323.4
331.7

168.8
174.8
179.7
177.3

107.8
110.7
112.0
114.9

48.6
54.6
58.3
61.5

12.4
9.5
9.4
.9

.8
-3.8
-3.1
-6.0

59.5
59.5
62.4
55.9

58.7
63.3
65.5
61.9

220.2
223.2
225.5
228.5

99.5
99.7
100.2
100.5

120.6
123.5
125.2
128.1

1,057.0
1,078.3
1,098.7
1,121.1

1,068.5
1,091.6
1,111.2
1,128.0

1,076.8
1,095.9
1,115.4
1,129.8

18.0
7.1
7.6
5.2

11.6
8.3
7.8
8.4

17.8
8.9
7.4
6.2

18.4
7.3
7.3
5.3

1972: 1
II
HI
IV

1,160.5
1,192.1
1,217.3
1,256.2

739.2
757.1
775.1
799.7

105.3
108.5
111.8
117.4

293.2
301.5
308.5
317.4

340.8
347.2
354.8
364.9

191.9
202.9
209.0
217.0

120.3
123.1
125.8
133.3

66.6
68.2
69.6
74.3

5.0
11.6
13.6
9.4

-8.6
-8.3
-7.9
-7.1

63.5
63.1
66.2
72.1

72.2
71.4
74.1
79.2

238.1
240.4
241.1
246.5

107.0
108.1
105.6
106.7

131.0
132.3
135.5
139.9

1,155.6
1,180.5
1,203.7
1,246.8

1,169.2
1,200.5
1,225.2
1,263.3

1,168.8
1,200.4
1,226.3
1,265.3

14.4
11.3
8.7
13.4

12.9
8.9
8.1
15.1

15.4
11.1
8.5
13.0

14.5
11.3
8.9
13.3

1959: I

II
Ill
IV

f

II
HI
IV




36

SURVEY OF CURRENT BUSINESS

November 1991

Table 1.—Gross Domestic Product—Continued
[Billions of dollars; quarterly data are seasonally adjusted at annual rates]

Year and quarter

GDP

Total

NonDurable durable
goods goods

Services

Total

Nonresiden- Residential
tial

CBI

Government purchases

Net exports

Personal consumption expenditures Gross private domestic investment

Net

Exports Imports

Total

Federal

State
and
local

Final
Gross
sales of domes- Gross
domes- tic pur- national
product
tic
product chases

Percent change from preceding
period

GDP

Final
Gross
sales of domesdomes- tic purtic
chases
product

GNP

1973: 1
II
Ill
IV

1,303.8
1.333.9
1,357.8
1,400.7

824.0
838.8
857.3
872.6

125.7
124.6
124.3
121.7

327.0
333.6
344.0
353.7

371.3
380.6
388.9
397.2

231.5
240.8
239.5
258.2

140.6
148.4
153.1
155.9

77.9
75.8
75.0
72.7

13.1
16.7
11.4
29.6

-4.4
-1.1
3.2
4.7

81.0
88.3
94.3
103.4

85.4
89.5
91.1
98.7

252.7
255.4
257.7
265.1

108.9
108.5
107.0
109.8

143.7
146.9
150.7
155.4

1,290.7
1.317.2
1,346.4
1,371.0

1,308.1
1.335.0
1,354.6
1,395.9

1,314.5
1,345.7
1,371.7
1,415.1

16.0
9.6
7.4
13.2

14.8
8.5
9.2
7.5

15.0
8.5
6.0
12.8

16.5
9.8
8.0
13.3

1974: I

II
Ill
IV

1,410.4
1,443.5
1,473.9
1,504.0

891.0
919.0
946.7
954.2

119.5
123.6
129.5
119.3

365.6
376.7
388.0
392.9

405.9
418.6
429.2
442.0

241.2
247.0
243.6
248.5

158.5
163.0
167.7
170.2

69.0
67.5
67.4
60.0

13.8
16.5
8.5
18.3

4.3
-5.6
-9.1
-2.1

114.6
123.7
124.5
134.4

110.3
129.4
133.6
136.6

273.8
283.1
292.8
303.4

112.3
114.3
118.8
124.9

161.5
168.8
174.0
178.5

1,396.6
1,427.0
1,465.4
1,485.7

1,406.0
1,449.1
1,483.0
1,506.1

1,427.6
1,460.1
1,489.4
1,517.5

2.8
9.7
8.7
8.4

7.7
9.0
11.2
5.7

2.9
12.8
9.7
6.4

3.6
9.4
8.3
7.8

II
Ill
IV

1,512.7 978.9
1,551.2 1,008.3
1,613.3 1,042.1
1,662.1 1,070.3

124.0
129.1
138.9
145.4

400.3
411.1
423.0
429.8

454.6
468.1
480.1
495.1

210.2
209.6
235.1
245.0

165.4
165.1
168.6
172.7

57.7
59.9
64.6
68.7

-12.9
-15.4
1.9
3.7

13.1
16.6
11.6
12.9

138.0
131.8
133.7
141.7

124.9
115.2
122.1
128.7

310.5
316.7
324.5
333.8

126.1
127.7
129.8
134.1

184.4
189.1
194.7
199.7

1,525.6
1,566.5
1,611.4
1,658.4

1,499.6
1,534.6
1,601.7
1,649.2

1,524.3
1,563.1
1,626.5
1,678.3

2.3
10.6
17.0
12.7

11.2
11.2
12.0
12.2

-1.7
9.7
18.7
12.4

1.8
10.6
17.2
13.4

1976- 1
H
Ill
IV

1,716.5
1,745.1
1,778.5
1,828.1

1,104.8
1,124.5
1,153.9
1,189.1

155.2
157.5
160.8
166.6

439.4
446.3
455.8
465.8

510.3
520.8
537.2
556.7

270.1
283.3
288.3
298.4

177.8
182.0
188.4
194.9

76.2
80.7
80.6
92.5

16.1
20.6
19.2
10.9

4.2
-1.1
-5.0
-7.2

143.1
146.0
150.9
155.4

138.9
147.1
155.9
162.7

337.4
338.4
341.3
347.9

133.2
134.0
135.7
140.1

204.2
204.3
205.6
207.8

1,700.4
1,724.5
1,759.3
1,817.2

1,712.3
1,746.2
1,783.5
1,835.4

1,732.5
1,761.9
1,795.8
1,846.2

13.7
6.8
7.9
11.6

10.5
5.8
8.3
13.8

16.2
8.2
8.8
12.2

13.6
7.0
7.9
11.7

1977- I
II .
Ill
IV

1,881.7
1,952.9
2,015.1
2,046.8

1,225.5
1,253.5
1,284.7
1,322.4

175.2
180.3
184.6
190.5

477.4
485.6
492.0
506.9

572.9
587.6
608.2
625.0

321.6
355.2
380.3
376.0

208.8
218.5
226.8
238.8

97.6
111.7
115.0
116.9

15.2
25.0
38.4
20.3

-21.2
-21.5
-21.2
-30.8

154.8
161.3
161.8
157.1

176.1
182.8
183.0
187.9

355.9
365.7
371.3
379.2

142.7
146.8
148.8
153.3

213.1
218.9
222.5
225.9

1,866.5
1,927.8
1,976.6
2,026.6

1,902.9
1,974.4
2,036.2
2,077.6

1,902.7
1,973.8
2,036.2
2,065.8

12.3
16.0
13.4
6.4

11.3
13.8
10.5
10.5

15.5
15.9
13.1
8.4

12.8
15.8
13.3
5.9

II
HI
IV

2,090.2
2,213.9
2,274.7
2,352.0

1,351.7
1,410.1
1,442.7
1,480.3

187.9
205.3
205.5
210.4

516.7
534.5
549.4
565.5

647.1
670.2
687.8
704.4

391.9
429.4
447.3
467.4

245.7
270.1
284.0
298.2

121.0
130.5
135.8
139.0

25.2
28.7
27.5
30.2

-39.3
-23.3
-24.6
-17.3

164.0
185.6
190.5
204.5

203.3
208.9
215.1
221.8

385.8
397.7
409.3
421.5

154.9
160.7
163.7
169.4

230.9
237.0
245.6
252.1

2,064.9
2,185.1
2,247.2
2,321.8

2,129.5
2,237.1
2,299.3
2,369.3

2,112.4
2,232.8
2,295.9
2,377.1

8.8
25.9
11.4
14.3

7.8
25.4
11.9
14.0

10.4
21.8
11.6
12.7

9.3
24.8
11.8
14.9

II
Ill
IV

2,399.2
2,453.3
2,523.3
2,578.8

1,520.4
1,554.8
1,607.1
1,652.5

211.8
210.6
218.3
216.0

583.6
599.8
624.5
645.5

725.0
744.4
764.3
791.0

470.9
481.7
485.5
482.9

311.9
317.7
334.7
341.5

138.6
140.9
143.5
141.2

20.4
23.2
7.3
.2

-19.2
-23.3
-24.2
-28.6

210.7
219.9
233.1
251.9

229.9
243.2
257.3
280.4

427.1
440.1
454.9
471.9

172.5
175.2
180.4
189.2

254.6
264.8
274.5
282.7

2,378.7
2,430.1
2,516.0
2,578.6

2,418.4
2,476.6
2,547.5
2,607.3

2,425.2
2,483.0
2,559.6
2,615.3

8.3
9.3
11.9
9.1

10.2
8.9
14.9
10.3

8.6
10.0
12.0
9.7

8.3
9.9
12.9
9.0

H
Ill
IV

2,650.1
2,643.9
2,705.3
2,832.9

1,701.5
1,704.9
1,762.3
1,823.6

218.7
198.2
211.3
221.8

667.1
673.8
686.2
704.6

815.7
832.9
864.9
897.2

495.3
451.5
432.1
491.5

353.6
342.5
352.1
367.1

134.6
111.2
115.9
131.3

7.1
-2.2
-35.9
-6.8

-37.1
-16.6
3.5
-8.6

267.5
276.2
282.7
290.4

304.6
292.8
279.2
299.0

490.5
504.1
507.4
526.4

198.6
208.5
208.8
220.6

291.9
295.5
298.6
305.8

2,643.1
2,646.1
2,741.2
2,839.7

2,687.3
2,660.5
2,701.8
2,841.5

2,687.7
2,679.4
2,739.8
2,861.5

11.5
-.9
9.6
20.2

10.4
15.2
15.2

12.8
-3.9
6.4
22.3

11.5
-1.2
9.3
19.0

II
III
IV

2,953.5
2,993.0
3,079.6
3,096.3

1,876.0
1,908.9
1,952.1
1,968.0

230.8
225.5
236.3
221.4

731.3
741.6
748.5
755.5

913.9
941.7
967.2
991.1

548.5
543.3
575.4
564.7

383.7
400.7
418.4
437.1

131.9
128.7
120.1
109.5

32.9
13.9
36.9
18.1

-16.3
-16.0
-10.0
-16.4

303.0
305.8
299.9
303.4

319.3
321.7
310.0
319.7

545.4
556.8
562.2
579.9

229.0
239.8
241.8
252.6

316.4
317.0
320.3
327.4

2,920.6
2,979.2
3,042.7
3,078.2

2,969.8
3,009.0
3,089.6
3,112.7

2,985.5
3,023.5
3,112.4
3,133.7

18.1
5.5
12.1
2.2

11.9
8.3
8.8
4.7

19.3
5.4
11.2
3.0

18.5
5.2
12.3
2.8

1982: 1
II
Ill
IV

3,092.9
3,146.2
3,164.2
3,195.1

2,005.4
2,029.4
2,073.1
2,128.7

230.9
232.9
235.2
246.9

761.2
763.3
777.5
787.3

1,013.3
1,033.2
1,060.4
1,094.6

517.9
522.1
509.4
464.2

432.6
419.4
405.0
397.7

104.7
102.8
102.4
112.8

-19.3

2'.0
-46.3

-17.5
-5.1
-30.3
-29.5

291.9
293.9
279.0
265.6

309.4
299.0
309.3
295.1

587.1
599.8
612.0
631.6

255.8
261.0
268.0
281.4

331.3
338.8
344.0
350.3

3,112.3
3,146.4
3,162.1
3,241.4

3,110.4
3,151.3
3,194.5
3,224.6

3,123.7
3,179.2
3,193.8
3,222.6

-.4
7.1
2.3
4.0

4.5
4.5
2.0
10.4

5'.4
5.6
3.8

-1.3
7.3
1.8
3.7

1983- 1

II
HI
IV

3,254.9
3,367.1
3,450.9
3,547.3

2,162.9
2,231.9
2,288.7
2,346.8

251.2
270.1
281.0
297.7

791.7
810.4
829.4
839.8

1,120.0
1,151.4
1,178.3
1,209.3

478.3
532.5
561.2
614.8

385.3
387.2
401.3
426.9

130.3
148.1
162.0
167.7

-37.3
-2.8
-2.1
20.2

-23.7
-44.9
-65.2
-71.8

270.6
272.3
277.7
286.2

294.3
317.2
342.9
358.0

637.5
647.7
666.3
657.6

284.6
291.0
302.6
289.7

352.9
356.7
363.7
367.9

3,292.2
3,370.0
3,453.0
3,527.1

3,278.7
3,412.0
3,516.1
3,619.1

3,283.8
3,394.0
3,481.6
3,578.4

7.7
14.5
10.3
11.7

6.4
9.8
10.2
8.9

6.9
17.3
12.8
12.2

7.8
14.1
10.7
11.6

1984: I

II
HI
IV

3,666.9
3,754.6
3,818.2
3,869.1

2,392.4
2,444.5
2,477.8
2,526.4

307.6
317.9
318.0
328.2

854.1
872.0
878.2
887.8

1,230.8
1,254.6
1,281.7
1,310.4

693.6
719.2
739.9
722.8

441.0
463.9
479.3
491.5

174.7
180.6
179.8
180.4

77.9 -95.5
74.7 -104.5
80.7 -103.8
51.0 -107.1

293.1
302.1
305.7
308.7

388.5
406.7
409.5
415.7

676.3
695.4
704.4
727.0

297.9
309.6
311.2
324.7

378.4
385.8
393.1
402.2

3,589.0
3,679.8
3,737.5
3,818.1

3,762.3
3,859.1
3,922.1
3,976.2

3,694.2
3,778.3
3,843.3
3,890.2

14.2
9.9
6.9
5.4

7.2
10.5
6.4
8.9

16.8
10.7
6.7
5.6

13.6
9.4
7.1
5.0

II
III
IV

3,940.0
3,997.5
4,076.9
4,140.5

2,589.2
2,636.4
2,704.2
2,739.8

342.2
347.0
368.2
354.4

899.9
914.3
923.8
939.5

1,347.1
1,375.2
1,412.2
1,446.0

700.5
714.8
706.0
737.0

499.1
506.1
499.6
5113

182.1
182.0
186.5
193.1

19.3 -91.8
26.7 -116.0
19.9 -118.9
32.6 -135.5

305.0
302.7
295.8
304.7

396.8
418.7
414.7
440.2

742.2
762.4
785.6
799.2

330.0
338.2
352.1
356.9

412.2
424.2
433.4
442.4

3,920.7
3,970.9
4,057.0
4,107.9

4,031.8
4,113.6
4,195.8
4,276.0

3,955.7
4,012.9
4,089.5
4,156.2

7.5
6.0
8.2
6.4

11.2
5.2
9.0
5.1

5.7
8.4
8.2
7.9

6.9
5.9
7.9
6.7

II
Ill
IV

4,215.7
4,232.0
4,290.2
4,336.6

2,784.8
2,812.3
2,882.0
2,923.1

363.8
376.1
411.6
406.8

950.1
943.9
951.0
963.7

1,470.9
1,492.3
1,519.4
1,552.6

752.8
724.1
696.4
697.1

501.6
490.1
486.0
491.7

203.1
216.7
222.4
224.2

48.1
17.4
-12.0
-18.8

-127.8
-129.7
-139.4
-133.2

311.5
313.0
318.4
333.9

439.2
442.7
457.8
467.1

805.9
825.3
851.2
849.7

352.2
364.2
381.5
373.1

453.7
461.2
469.7
476.6

4,167.6
4,214.7
4,302.3
4,355.4

4,343.5
4,361.7
4,429.7
4,469.8

4,231.4
4,239.1
4,300.0
4,340.5

7.5
1.6
5.6
4.4

5.9
4.6
8.6
5.0

6.5
1.7
6.4
3.7

7.4
.7
5.9
3.8

II
Ill
IV

4,408.3
4,494.9
4,573.5
4,683.0

2,962.8
3,030.1
3,091.4
3,124.6

384.9 989.0 1,588.8
401.4 1,007.6 1,621.2
419.7 1,018.4 1,653.3
408.8 1,029.4 1,686.4

725.2
733.9
737.9
800.2

479.3
489.7
507.8
514.3

222.8
226.4
225.2
226.5

23.1
17.8
4.9
59.3

-140.3
-145.1
-143.8
-143.2

336.3
355.7
371.5
392.4

476.5
500.8
515.3
535.6

860.6
876.0
888.0
901.4

375.6
384.5
387.1
392.5

485.0
491.5
501.0
509.0

4,385.2
4,477.1
4,568.6
4,623.7

4,548.6
4,640.0
4,717.3
4,826.2

4,412.4
4,497.5
4,577.7
4,690.5

6.8
8.1
7.2
9.9

2.8
8.6
8.4
4.9

7.2
8.3
6.8
9.6

6.8
7.9
7.3
10.2

II
Ill
IV

4,752.4
4,857.2
4,947.3
5,044.6

3,199.1
3,260.5
3,326.6
3,398.2

428.8
433.1
433.5
452.9

1,041.5
1,062.0
1,085.8
1,105.8

1,728.8
1,765.4
1,807.3
1,839.5

770.6
788.4
800.7
814.8

526.8
544.1
550.3
560.2

227.0
230.5
233.3
237.3

16.8 -122.0
13.8 -105.6
17.1 -98.5
17.3 -106.0

418.5
438.8
452.4
467.0

540.5
544.3
550.9
573.1

904.7
913.8
918.5
937.6

386.6
386.0
383.5
392.0

518.1
527.8
535.1
545.7

4,735.6
4,843.4
4,930.2
5,027.3

4,874.4
4,962.7
5,045.8
5,150.7

4,764.3
4,862.7
4,951.6
5,054.3

6.1
9.1
7.6
8.1

10.0
9.4
7.4
8.1

4.1
7.4
6.9
8.6

6.4
8.5
7.5
8.6

1989- 1
II
HI
IV

5,139.9
5,218.5
5,277.3
5,340.4

3,436.5
3,490.6
3,551.7
3,592.8

449.4
457.2
474.5
458.0

1,120.0
1,142.5
1,155.3
1,169.8

1,867.1
1,891.0
1,921.9
1,965.0

844.7
844.3
826.8
834.4

565.1
570.2
574.2
573.4

236.5
231.8
229.2
226.0

43.2
42.3
23.3
35.1

-88.9
-83.0
-82.1
-77.5

486.1
506.2
506.2
521.3

575.0
589.2
588.3
598.8

947.5
966.6
980.9
990.7

392.6
401.9
407.6
403.7

554.9
564.7
573.3
587.0

5,096.7
5,176.2
5,254.0
5,305.3

5,228.8
5,301.5
5,359.4
5,417.9

5,144.3
5,217.7
5,279.8
5,350.9

7.8
6.3
4.6
4.9

5.6
6.4
6.1
4.0

6.2
5.7
4.4
4.4

7.3
5.8
4.8
5.5

1990: 1
II

5,422.4
5,504.7
5,570.5
5,557.5

3,667.3
3,706.0
3,785.2
3,812.0

479.9
464.6
467.1
451.9

1,194.9
1,200.9
1,228.4
1,246.4

1,992.5
2,040.4
2,089.6
2,113.6

812.0
825.9
821.8
750.9

586.3
580.0
596.3
585.2

229.0
220.3
211.4
202.2

-3.3
25.6
14.1
-36.5

-78.0
-60.4
-82.5
-76.6

534.6
545.9
548.7
572.6

612.6
606.3
631.2
649.2

1,021.2
1,033.2
1,046.0
1,071.2

417.2
423.3
424.7
434.5

604.0
609.9
621.4
636.7

5,425.7
5,479.1
5,556.5
5,594.0

5,500.5
5,565.1
5,653.0
5,634.0

5,432.7
5,505.5
5,576.8
5,583.2

6.3
6.2
4.9
_^(

9.4
4.0
5.8
2.7

6.2
4.8
6.5
-1.3

6.3
5.5
5.3
.5

1975- i

1978- I

1979: I

1980: I

1981: I

1985: I

1986: I

1987: I

1988: I

m

IV

NOTE.—GDP=Gross domestic product; CBI=Change in business inventories; GNP=Gross national product




SURVEY OF CURRENT BUSINESS

November 1991

37

Table 2.—Gross Domestic Product in Constant Dollars
[Billions of 1987 dollars; quarterly data are seasonally adjusted at annual rates]
Net exports

Personal consumption expenditures Gross private domestic investment
Year and quarter

GDP
Total

NonDurable durable
goods goods

Services

NonTotal

residen-

tial

Residential

Net

CBI

Government purchases

Exports Imports

Total

Federal

State
and
local

Final Gross
sales of domes- Gross
domes- tic pur- national
tic
product
product chases

Percent change from preceding period

GDP

Final
Gross
sales of domesdomes- tic purtic
product chases

GNP

1959

1,931.3 1,178.9

114.4

518.5

546.0

296.4

165.2

117.6

13.6

-21.8

73.8

95.6

477.8

268.2

209.6 1,917.8 1,953.1 1,942.1

I960
1961
1962
1963
1964

1,973.2
2,025.6
2,129.8
2,218.0
2,343.3

1,210.8
1,238.4
1,293.3
1,341.9
1,417.2

115.4
109.4
120.2
130.3
140.7

526.9
537.7
553.0
563.6
588.2

568.5
591.3
620.0
648.0
688.3

290.8
289.4
321.2
343.3
371.8

173.3
172.1
185.0
192.3
214.0

109.4
110.1
120.6
135.0
142.1

8.1
7.2
15.6
16.0
15.7

-7.6
-5.5
-10.5
-5.8
2.5

88.4
89.9
95.0
101.8
115.4

96.1
95.3
105.5
107.7
112.9

479.2
503.3
525.9
538.7
551.7

261.3
271.9
289.0
288.1
284.5

217.9
231.4
236.9
250.6
267.3

1,965.0
2,018.4
2,114.2
2,202.0
2,327.6

1,980.8
2,031.1
2,140.3
2,223.8
2,340.7

1,985.1
2,039.0
2,145.0
2,234.2
2,360.8

2.2
2.7
5.1
4.1
5.6

2.5
2.7
4.7
4.2
5.7

1.4
2.5
5.4
3.9
5.3

2.2
2.7
5.2
4.2
5-7

1965
1966
1967
1968
1969

2,473.5
2,622.3
2,690.3
2,801.0
2,877.1

1,497.0
1,573.8
1,622.4
1,707.5
1,771.2

156.2
166.0
167.2
184.5
190.8

616.7
647.6
659.0
686.0
703.2

724.1
760.2
796.2
837.0
877.2

413.0
438.0
418.6
440.1
461.3

250.6
276.7
270.8
280.1
296.4

137.3
124.5
120.2
136.4
140.1

25.1
36.7
27.6
23.6
24.8

-6.4
-18.0
-23.7
-37.5
-41.5

118.1
125.7
130.0
140.2
147.8

124.5
143.7
153.7
177.7
189.2

569.9
628.5
673.0
691.0
686.1

285.1
325.4
356.1
357.2
344.2

284.8
303.1
317.0
333.7
341.9

2,448.3
2,585.6
2,662.7
2,777.4
2,852.3

2,479.9
2,640.3
2,714.0
2,838.5
2,918.6

2,491.9
2,639.4
2,707.8
2,819.8
2,895.0

5.6
6.0
2.6
4.1
2.7

5.2
5.6
3.0
4.3
2.7

5.9
6.5
2.8
4.6
2.8

5.6
5.9
2.6
4.1
2.7

1970
1971
1972
1973
1974

2,875.8
2,965.1
3,107.1
3,268.6
3,248.1

1,813.5
1,873.7
1,978.4
2,066.7
2,053.8

183.7
201.4
225.2
246.6
227.2

717.2 912.5
725.6 946.7
755.8 997.4
777.9 1,042.2
759.8 1,066.8

429.7
481.5
532.2
591.7
543.0

292.0
292.6
311.6
357.4
356.5

131.8
168.1
198.0
196.6
155.6

5.9
20.8
22.5
37.7
30.9

-35.2
-45.9
-56.5
-34.1
-4.1

161.3
161.9
173.7
210.3
234.4

196.4
207.8
230.2
244.4
238.4

667.8
655.8
653.0
644.2
655.4

316.9
294.2
284.4
265.3
262.6

350.9
361.6
368.6
378.9
392.9

2,869.9
2,944.3
3,084.5
3,230.9
3,217.2

2,911.0
3,011.0
3,163.6
3,302.7
3,252.2

2,893.5
2,985.2
3,128.8
3,298.6
3,282.4

0
3.1
4.8
5.2
-.6

.6
2.6
4.8
4.7
-.4

-.3
3.4
5.1
4.4
-1.5

-.1
3.2
4.8
5.4
-.5

1975 ...............................
1976 ..
1977
1978
1979

3,221.7
3,380.8
3,533.2
3,703.5
3,796.8

2,097.5
2,207.3
2,296.6
2,391.8
2,448.4

226.8
256.4
280.0
292.9
289.0

767.1
801.3
819.8
844.8
862.8

1,103.6
1,149.5
1,196.8
1,254.1
1,296.5

437.6
520.6
600.4
664.6
669.7

316.8
328.7
364.3
412.9
448.8

134.7
166.4
201.9
214.5
207.4

-13.9
25.5
34.3
37.2
13.6

23.1
-6.4
-27.8
-29.9
-10.6

232.9
243.4
246.9
270.2
293.5

209.8
249.7
274.7
300.1
304.1

663.5
659.2
664.1
677.0
689.3

262.7
258.2
263.0
268.6
271.7

400.8
401.1
401.0
408.4
417.6

3,235.6
3,355.3
3,499.0
3,666.3
3,783.2

3,198.6
3,387.1
3,561.1
3,733.3
3,807.4

3,247.6
3,412.2
3,568.9
3,739.0
3,845.3

-.8
4.9
4.5
4.8
2.5

.6
3.7
4.3
4.8
3.2

-1.6
5.9
5.1
4.8
2.0

-1.1
5.1
4.6
4.8
2.8

1980
1981
1982
1983
1984 .

3,776.3
3,843.1
3,760.3
3,906.6
4,148.5

2,447.1
2,476.9
2,503.7
2,619.4
2,746.1

262.7
264.6
262.5
297.7
338.5

860.5
867.9
872.2
900.3
934.6

1,323.9
1,344.4
1,368.9
1,421.4
1,473.0

594.4
631.1
540.5
599.5
757.5

437.8
455.0
433.9
420.8
490.2

164.8
151.6
124.1
174.2
199.3

30.7
-8.3
22.0
24.6
-7.4
-17.5
4.4 -56.1
67.9 -122.0

320.5
326.1
296.7
285.9
305.7

704.2
713.2
723.6
743.8
766.9

284.8
295.8
306.0
320.8
331.0

419.4
417.4
417.6
423.0
436.0

3,784.6
3,818.6
3,777.8
3,902.2
4,080.6

3,745.7
3,821.2
3,767.7
3,962.8
4,270.5

3,823.4
3,884.4
3,796.1
3,939.6
4,174.5

-.5
1.8
-2.2
3.9
6.2

0
.9
-1.1
3.3
4.6

-1.6
2.0
-1.4
5.2
7.8

-.6
1.6
-2.3
3.8
6.0

1985
1986
1987
1988
1989

4,279.8
4,404.5
4,540.0
4,718.6
4,836.9

2,865.8
2,969.1
3,052.2
3,162.4
3,223.1

370.1 958.7 1,537.0
402.0 991.0 1,576.1
403.7 1,011.1 1,637.4
428.7 1,035.1 1,698.5
440.8 1,049.3 1,732.9

745.9
735.1
749.3
773.4
789.2

521.8
500.3
497.8
530.8
542.4

202.0
226.2
225.2
222.7
214.2

813.4
855.4
881.5
886.8
900.4

355.2
373.0
384.9
377.3
375.0

458.2
482.4
496.6
509.6
525.3

4,257.6
4,395.9
4,513.7
4,698.6
4,804.3

4,425.1
4,559.6
4,683.0
4,822.6
4,912.6

4,295.0
4,413.5
4,544.6
4,726.3
4,840.7

3.2
2.9
3.1
3.9
2.5

4.3
3.2
2.7
4.1
2.2

3.6
3.0
2.7
3.0
1.9

2.9
2.8
3.0
4.0
2.4

1990

4,884.9 3,262.6

438.9 1,050.8 1,773.0

744.5

548.8

1959: 1 ...........................
II
Ill
IV . ...

1,909.7
1,941.2
1,931.7
1,942.7

1,159.5
1,175.5
1,188.0
1,192.7

111.9
116.2
117.6
112.0

514.9
516.9
519.9
522.4

532.7
542.4
550.6
558.2

290.7
308.9
288.1
297.8

158.8
163.8
169.1
169.0

I960: 1
II
Ill
IV

1,977.8
1,973.5
1,976.2
1,965.1

1,201.7
1,216.4
1,210.8
1,214.1

114.5
117.6
116.2
113.2

522.8
529.6
527.0
528.0

564.4
569.1
567.6
572.9

321.8
292.0
288.5
261.0

173.8
176.1
171.7
171.4

1961: 1
II
IV

1,979.7
2,008.8
2,036.5
2,077.4

1,218.1
1,235.6
1,238.8
1,261.0

106.7
107.2
109.3
114.4

532.1
537.7
536.9
543.9

579.3
590.6
592.6
602.7

266.4
279.9
302.4
308.9

H
Ill
IV

2,105.8
2,127.5
2,143.9
2,142.1

1,273.5
1,287.0
1,298.2
1,314.3

116.7
119.1
120.1
125.0

548.9
550.6
554.5
558.2

608.0
617.4
623.5
631.1

1963: 1
H
Ill

IV

2,173.5
2,203.1
2,239.0
2,256.4

1,322.5
1,332.3
1,350.7
1,362.0

127.3
129.7
131.3
133.0

561.0
561.8
565.4
566.1

1964- I

II
HI
IV

2,315.0
2,333.2
2,359.8
2,365.1

1,388.0
1,409.3
1,433.8
1,437.6

137.8
140.6
144.8
139.4

2,410.4
2,443.9
2,488.1
2,551.4

M63.4
1,480.9
1,503.1
1,540.6

III
IV

2,601.8
2,606.7
2,634.7
2,646.1

II
III
IV

22.1
8.5
26.3
19.9
32.6

-145.3
-155.1
-143.0
-104.0
-75.7

309.2
329.6
364.0
421.6
469.2

289.9
304.1
304.1
342.1
427.7
454.6
484.7
507.1
525.7
544.9

195.5

.2

-51.3

505.7

557.0

929.1

380.9

548.2 4,884.7 4,936.2 4,894.6

1.0

1.7

.5

1.1

116.4
120.7
118.5
115.0

15.5
24.4
.5
13.9

-21.4
-25.0
-20.3
-20.5

70.9
72.0
77.5
74.7

92.3
97.0
97.8
95.3

480.9
481.9
475.9
472.7

271.2
272.1
265.9
263.6

209.7
209.8
210.0
209.1

1,894.2
1,916.8
1,931.3
1,928.8

1,931.1
1,966.2
1,952.0
1,963.2

1,919.9
1,951.4
1,942.8
1,954.4

6.8
-1.9
2.3

4.9
3.1
-.5

7.5
-2.9
2.3

6.7
-1.8
2.4

118.4
108.6
105.3
105.4

29.6
7.2
11.6
-15.9

-13.4
-10.4
-5.6
-1.2

84.9
88.3
90.5
90.2

98.3
98.7
96.1
91.4

467.7
475.6
482.4
491.2

255.8
259.2
262.0
268.3

211.9
216.4
220.4
222.9

1,948.2
1,966.3
1,964.6
1,981.0

1,991.2
1,983.9
1,981.8
1,966.3

1,989.0
1,985.1
1,988.3
1,978.0

7.4
-.9
.5
-2.2

4.1
3.8
-.3
3.4

5.8
-1.5
-.4
-3.1

7.3
-.8
.6
-2.1

169.0
171.0
171.8
176.8

105.9
106.3
112.2
115.8

-8.5
2.6
18.5
16.3

-.9
-6.0
-6.7
-8.4

90.7
86.5
90.7
91.4

91.6
92.6
97.4
99.8

496.0
499.4
501.9
516.0

266.2
271.1
270.9
279.5

229.9
228.3
231.0
236.5

1,988.2
2,006.2
2,018.0
2,061.1

1,980.6
2,014.8
2,043.2
2,085.8

1,993.4
2,021.7
2,049.7
2,091.0

3.0
6.0
5.6
8.3

1.5
3.7
2.4
8.8

2.9
7.1
5.8
8.6

3.2
5.8
5.7
8.3

321.4
322.0
327.3
314.1

180.0
186.1
188.3
185.4

118.0
121.6
121.5
121.3

23.3
14.2
17.5
7.4

-11.9
-7.8
-8.9
-13.5

91.1
97.3
97.5
94.2

103.1
105.0
106.3
107.6

522.9
526.2
527.3
527.1

288.9
290.9
289.3
286.9

234.0
235.3
238.0
240.2

2,082.5
2,113.2
2,126.4
2,134.6

2,117.8
2,135.2
2,152.7
2,155.5

2,119.3
2,142.4
2,158.9
2,159.5

5.6
4.2
3.1
-.3

4.2
6.0
2.5
1.6

6.3
3.3
3.3
.5

5.5
4.4
3.1
.1

634.2
640.8
654.1
663.0

330.8
339.5
349.3
353.5

183.7
189.7
195.1
200.7

125.8
135.0
137.5
141.6

21.3
14.9
16.7
11.2

-10.4
-5.2
-6.1
-1.6

94.4
102.1
103.4
107.3

104.8
107.3
109.5
109.0

530.6
536.4
545.1
542.5

285.9
289.5
291.5
285.4

244.7
247.0
253.6
257.1

2,152.2
2,188.2
2,222.3
2,245.2

2,183.9
2,208.3
2,245.1
2,258.1

2,190.0
2,218.9
2,255.1
2,273.0

6.0
5.6
6.7
3.1

3.3
6.9
6.4
4.2

5.4
4.5
6.8
2.3

5.8
5.4
6.7
* 3.2

575.7
584.9
595.9
596.3

674.5
683.7
693.2
701.9

372.1
367.9
371.3
376.0

205.2
210.4
217.8
222.7

150.0
142.1
139.5
136.9

16.9
15.4
13.9
16.4

4.6
1.1
2.5
1.9

113.6
112.6
116.8
118.7

109.0
111.5
114.3
116.8

550.3
554.9
552.2
549.5

289.2
288.4
282.9
277.4

261.1
266.5
269.3
272.2

2,298.1
2,317.8
2,345.9
2,348.7

2,310.4
2,332.1
2,357.3
2,363.2

2,333.2
2,350.6
2,377.8
2,381.8

10.8
3.2
4.6
.9

9.8
3.5
4.9
.5

9.6
3.8
4.4
1.0

11.0
3.0
4.7
.7

152.2
152.4
157.3
162.8

602.8
609.5
617.6
637.2

708.4
719.0
728.2
740.7

407.6
407.5
418.1
418.9

236.4
245.9
255.0
265.0

137.2
138.3
138.5
135.2

34.0
23.4
24.6
18.6

-7.5
-5.0
-7.8
-5.3

105.2
121.0
119.0
127.1

112.7
125.9
126.8
132.4

547.0
560.5
574.7
597.2

272.6
278.9
285.2
303.4

274.4
281.5
289.5
293.8

2,376.4
2,420.6
2,463.5
2,532.8

2,418.0
2,448.9
2,495.9
2,556.7

2,429.5
2,463.7
2,506.4
2,568.0

7.9
5.7
7.4
10.6

4.8
7.6
7.3
11.7

9.6
5.2
7.9
10.1

8.3
5.8
7.1
10.2

1,559.6
1,566. 1
1,582.0
1,587.6

169.9
162.0
166.3
166.0

641.9
647.2
651.7
649.4

747.9
756.9
764.0
772.2

449.5
435.9
435.1
431.4

275.0
276.8
279.2
275.8

138.4
127.0
122.9
109.9

36.1
32.1
32.9
45.7

-11.4
-16.0
-22.8
-21.7

125.2
124.3
125.5
127.9

136.5
140.3
148.3
149.6

604.0
620.7
640.5
648.8

306.2
320.5
337.1
337.9

297.9
300.2
303.3
310.9

2,565.7
2,574.6
2,601.8
2,600.4

2,613.2
2,622.7
2,657.5
2,667.8

2,618.9
2,623.7
2,651.4
2,663.4

8.1
.8
4.4
1.7

5.3
1.4
4.3
-.2

9.1
1.5
5.4
1.6

8.2
.7
4.3
1.8

2,662.1
2,673.7
2,704.9
2,720.6

1,600.2
1,620.8
1,629.4
1,639.0

162.8
170.0
168.1
167.8

655.4
659.0
658.8
662.7

781.9
791.8
802.5
808.6

411.7
406.1
424.9
431.8

271.0
269.7
268.8
273.4

106.4
118.6
124.4
131.6

34.3
17.8
31.6
26.8

-20.5
-21.1
-23.5
-29.7

131.0
129.5
128.3
131.3

151.6
150.6
151.8
161.0

670.7
668.0
674.1
679.4

356.8
352.5
357.4
357.7

313.9
315.5
316.7
321.7

2,627.8
2,655.9
2,673.2
2,693.8

2,682.6
2,694.9
2,728.4
2,750.3

2,679.2
2,690.3
2,723.3
2,738.4

2.4
1.8
4.8
2.3

4.3
4.3
2.6
3.1

2.2
1.8
5.1
3.2

2.4
1.7
5.0
2.2

1968: 1
II
Ill
IV

2,758.0
2,802.2
2,819.1
2,824.8

1,672.9
1,696.8
1,725.2
1,735.0

178.2
182.0
189.4
188.5

675.5
683.0
692.9
692.7

819.2
831.9
842.9
853.8

433.0
447.0
442.3
438.0

280.9
275.5
277.7
286.4

132.2
135.6
138.1
139.6

20.0
36.0
26.5
12.1

-36.8
-35.7
-37.4
-40.1

134.2
137.6
146.2
142.9

170.9
173.2
183.6
183.1

688.8
694.0
689.0
691.9

362.3
361.3
352.6
352.8

326.5
332.8
336.4
339.1

2,738.0
2,766.3
2,792.7
2,812.7

2,794.7
2,837.9
2,856.5
2,864.9

2,776.2
2,820.9
2,838.3
2,843.8

5.6
6.6
2.4
.8

6.7
4.2
3.9
2.9

6.6
6.3
2.6
1.2

5.6
6.6
2.5
.8

1969: 1
II
Ill
IV

2,867.4
2,872.5
2,887.9
2,880.6

1,754.7
1,765.1
1,775.0
1,790.1

192.0
190.9
190.6
189.7

698.7
702.3
703.8
708.0

863.9
871.8
880.6
892.4

466.2
460.6
471.0
447.4

293.1
293.8
300.9
297.7

144.3
143.2
141.9
131.3

28.9
23.7
28.2
18.5

-38.9
-44.1
-43.3
-39.8

128.4
154.5
153.1
155.0

167.3
•198.6
196.3
194.8

685.3
690.9
685.2
682.9

344.9
348.2
342.8
341.0

340.4
342.7
342.4
342.0

2,838.5
2,848.8
2,859.7
2,862.2

2,906.2
2,916.6
2,931.2
2,920.4

2,886.3
2,890.7
2,905.2
2,897.9

6.2
.7
2.2
-1.0

3.7
1.5
1.5
.4

5.9
1.4
2.0
-1.5

6.1
.6
2.0
-1.0

1970: 1 ...........................
H
Ill
IV

2,872.2
2,859.4
2,896.5
2,875.3

1,800.5
1,807.5
1,824.7
1,821.2

185.2
187.3
188.2
174.2

714.6
714.0
718.0
722.3

900.7
906.2
918.5
924.7

431.3
422.7
439.3
425.6

294.3
291.6
295.4
286.4

131.9
122.8
129.5
143.2

5.1
8.4
14.4
-4.0

-36.0
-33.9
-34.4
-36.4

157.3
163.3
161.3
163.2

193.3
197.1
195.7
199.6

676.4
663.0
666.9
664.9

331.3
315.8
312.6
308.0

345.2
347.1
354.3
356.9

2,867.2
2,851.0
2,882.2
2,879.3

2,908.2
2,893.2
2,930.9
2,911.7

2,890.0
2,877.7
2,914.6
2,891.7

-1.2
-1.8
5.3
-2.9

.7
-2.2
4.4
-.4

-1.7
-2.0
5.3
-2.6

-1.1
-1.7
5.2
-3.1

1971: 1
II
HI
IV

2,947.1
2,953.8
2,972.8
2,986.6

1,849.9
1,863.5
1,876.9
1,904.6

193.0
197.8
203.3
211.5

724.0
724.9
724.2
729.4

932.9
940.8
949.4
963.7

472.0
482.5
488.8
482.5

289.0
292.6
292.6
296.0

151.1
166.1
174.2
181.0

31.9
23.8
21.9
5.4

-34.0
-48.8
-47.0
-53.8

162.5
162.7
171.0
151.4

196.5
211.5
218.0
205.2

659.2
656.5
654.2
653.2

300.8
295.9
293.1
287.2

358.4
360.7
361.1
366.1

2,915.2
2,930.1
2,950.8
2,981.1

2,981.0
3,002.6
3,019.8
3,040.4

2,967.0
2,975.0
2,991.9
3,006.8

10.4
.9
2.6
1.9

5.1
2.1
2.9
4.2

9.9
2.9
2.3
2.8

10.8
1.1
2.3
2.0

1972: 1
II
Ill
IV

3,040.1
3,090.0
3,124.6
3,173.6

1,929.3
1,963.3
1,989.1
2,032.1

215.9
220.9
225.7
238.3

734.9 978.5
752.7 989.6
761.7 1,001.6
774.0 1,019.8

514.1
527.7
540.9
545.9

302.6
306.4
310.2
327.2

193.1
197.1
197.6
204.2

18.4
24.2
33.1
14.4

-61.2
-57.0
-53.9
-54.0

169.5
166.5
173.9
185.0

230.7
223.5
227.8
239.0

657.9
656.0
648.5
649.5

290.7
290.6
280.3
275.8

367.2
365.4
368.2
373.7

3,021.7
3,065.8
3,091.5
3,159.1

3,101.3
3,147.0
3,178.5
3,227.5

3,061.2
3,110.8
3,147.2
3,195.9

7.4
6.7
4.6
6.4

5.6
6.0
3.4
9.0

8.3
6.0
4.1
6.3

7.4
6.6
4.8
6.3

HI
1962: I

1965: I

II

Ill

IV

1966: I

1967: I

II




SURVEY OF CURRENT BUSINESS

38

November 1991

Table 2.—Gross Domestic Product in Constant Dollars—Continued
[Billions of 1987 dollars; quarterly data are seasonally adjusted at annual rates]
Personal consumption expenditures Gross private domestic investment
Year and quarter

GDP

Total

NonDurable durable
goods goods

Services

Total

NonResiresiden- dential
tial

CBI

Net exports

Net

Government purchases

Exports Imports

Total

Federal

State
and
local

Final
Gross
sales of domes- Gross
domes- tic pur- national
product
tic
product chases

Percent change from preceding period
Final Gross
sales of domesdomes- tic purtic
product chases

GDP

3,252.2
3,267.5
3,264.9
3,289.7

2,063.9
2,062.0
2,073.7
2,067.4

253.4
248.2
245.9
239.0

780.7
773.7
780.5
776.7

1,029.7
1,040.1
1,047.3
1,051.6

585.8
596.2
580.5
604.2

343.2
357.6
363.6
364.9

211.2
200.5
192.1
182.6

31.3
38.1
24.8
56.7

-49.7
-36.6
-26.1
-23.9

200.7
209.2
212.4
219.0

250.3
245.9
238.5
242.9

652.3
645.9
636.8
642.0

276.9
270.0
256.8
257.7

375.3
375.9
380.0
384.2

3,220.9
3,229.4
3,240.1
3,233.0

3,301.9
3,304.2
3,290.9
3,313.5

3,278.4
3,295.5
3,297.7
3,322.6

10.3
1.9

3,259.4
3,267.6
3,239.1
3,226.4

2,050.8
2,059.0
2,065.5
2,039.9

230.9
233.5
235.3
209.1

766.3
761.2
760.7
750.9

1,053.6
1,064.3
1,069.5
1,079.9

565.1
554.6
528.5
523.7

364.0
363.3
354.9
343.7

169.3
161.5
156.0
135.6

31.9
29.8
17.6
44.4

-5.3
-4.5
-9.2
2.6

229.0
240.2
230.4
237.8

234.3
244.7
239.6
235.1

648.8
658.6
654.2
660.1

260.0
264.0
260.1
266.2

388.8
394.6
394.1
393.9

3,227.6
3,237.8
3,221.4
3,182.0

3,264.7
3,272.1
3,248.3
3,223.7

3,298.4
3,304.4
3,272.2
3,254.6

3,154.0
3,190.4
3,249.9
3,292.5

2,051.8
2,086.9
2,114.4
2,137.0

214.6
218.5
233.3
240.7

752.1 1,085.0
767.1 ,101.3
773.5 ,107.6
775.6 ,120.6

419.8
411.3
451.7
467.7

320.7
312.4
315.5
318.5

127.0
129.4
138.2
144.3

-28.0
-30.6
-2.0
4.9

23.3
32.7
18.4
18.2

233.9
227.7
229.7
240.2

210.7
195.0
211.4
222.0

659.2
659.5
665.4
669.7

262.0
261.5
262.6
264.6

397.1
398.0
402.8
405.1

3,181.9
3,221.0
3,251.8
3,287.7

3,130.7
3,157.7
3,231.5
3,274.4

1976: 1
II
HI
IV

3,356.7
3,369.2
3,381.0
3,416.3

2,179.3
2,194.7
2,213.0
2,242.0

254.0
254.4
256.2
261.0

789.2
799.3
805.2
811.6

,136.1
,141.0
,151.6
,169.4

509.4
521.8
519.2
532.1

323.6
324.9
330.8
335.7

159.0
163.6
161.2
181.8

26.9
33.3
27.2
14.7

2.8
-6.2
-8.3
-13.7

238.9
239.9
246.4
248.4

236.0
246.1
254.7
262.1

665.1
658.9
657.0
655.9

258.6
258.1
257.7
258.2

406.5
400.8
399.3
397.7

3,329.8
3,335.9
3,353.7
3,401.6

1977- I

II
III
IV

3,466.4
3,525.0
3,574.4
3,567.2

2,271.3
2,280.8
2,302.6
2,331.6

272.3
278.1
282.1
287.3

817.8 ,181.2
815.7 ,187.0
816.7 1,203.8
829.2 1,215.1

563.6
602.7
628.3
607.1

351.6
360.5
366.6
378.5

187.1
207.9
207.7
204.8

24.9
34.3
54.0
23.8

-27.8
-25.2
-22.5
-35.9

244.0
250.8
250.5
242.1

271.8
276.0
273.0
277.9

659.2
666.7
666.0
664.3

259.4
264.2
264.3
264.3

399.9
402.5
401.7
400.0

II
Ill
IV

3,591.8
3,707.0
3,735.6
3,779.6

2,347.1
2,394.0
2,404.5
2,421.6

279.0
300.4
295.2
297.0

833.5
840.9
848.0
856.9

1,234.6
1,252.8
1,261.3
1,267.7

625.4
663.6
676.2
693.1

383.1
411.0
423.0
434.3

206.3
215.6
217.9
218.2

36.0
36.9
35.3
40.6

-46.8
-26.5
-26.9
-19.2

248.7
271.6
274.5
286.0

295.6
298.1
301.4
305.2

666.1
675.9
681.8
684.1

263.5
270.4
270.3
270.1

II
Ill
IV

3,780.8
3,784.3
3,807.5
3,814.6

2,437.9
2,435.4
2,454.7
2,465.4

293.8
285.9
292.4
283.8

860.5
856.6
863.5
870.8

1,283.6
1,292.8
1,298.7
1,310.9

679.0
682.3
666.5
651.1

444.1
442.9
454.7
453.4

213.2
209.8
206.7
199.7

21.7
29.7
5.0
-2.0

-17.3
-20.4
-7.3
2.8

286.5
284.9
292.9
309.9

303.8
305.3
300.2
307.1

681.2
687.0
693.6
695.3

1980- 1
II
HI
IV

3,830.8
3,732.6
3,733.5
3,808.5

2,464.6
2,414.2
2,440.3
2,469.2

279.7
246.3
258.4
266.6

869.2
857.4
855.3
859.9

1,315.6
1,310.4
1,326.6
1,342.8

650.4
577.5
544.3
605.5

457.7
430.7
428.2
434.7

185.6
150.4
153.4
170.0

7.1
-3.6
-37.2
.8

11.1
33.1
47.0
31.5

319.6
323.0
320.1
319.5

308.5
290.0
273.1
287.9

1981: 1
II
Ill
IV

3,860.5
3,844.4
3,864.5
3,803.1

2,475.5
2,476.1
2,487.4
2,468.6

274.4
262.6
271.3
250.0

867.3
868.6
867.9
868.1

1,333.8
1,344.9
1,348.2
1,350.6

643.8
627.0
644.5
609.1

444.9
450.9
461.6
462.5

166.2
160.2
147.3
132.5

32.6
15.8
35.7
14.1

29.0
27.9
20.9
10.0

328.1
332.0
323.3
321.1

1982- I

3,756.1
3,771.1
3,754.4
3,759.6

2,484.0
2,488.9
2,502.5
2,539.3

2593
258.6
260.0
272.3

867.6
867.7
872.7
880.7

1,357.1
1,362.6
1,369.8
1,386.2

553.9
559.5
545.0
503.5

453.6
440.1
424.8
417.2

124.8
120.8
119.5
131.2

-24.4
-1.5
-44'.9

3.5
3.5
-17.7
-19.0

m

IV

3,783.5
3,886.5
3,944.4
4,012.1

2,556.5
2,604.0
2,639.0
2,678.2

274.3
294.0
303.3
319.1

885.2
893.8
907.1
915.2

1,396.9
1,416.1
1,428.6
1,443.9

519.7
588.0
620.8
669.5

403.1
407.6
423.0
449.6

150.1
170.5
185.7
190.6

-33.5
9.9
12.1
29.3

II
HI
IV

4,089.5
4,144.0
4,166.4
4,194.2

2,703.8
2,741.1
2,754.6
2,784.8

329.6
339.0
337.6
347.7

920.6
936.2
938.5
942.9

1,453.6
1,465.8
1,478.6
1,494.2

739.9
760.6
773.1
756.4

463.7
487.2
500.4
509.6

196.4
202.4
199.7
198.8

II
* HI
IV

4,221.8
4,254.8
4,309.0
4,333.5

360.1
364.4
386.4
369.6

949.2
955.6
961.3
968.7

1,515.5
1,529.8
1,545.6
1,557.1

378.9 980.8
390.2 990.2
423.1 992.3
415.7 1,000.9

1,562.8
1,567.5
1,578.3
1,595.8

732.6
748.4
739.6
763.1
776.4
746.3
711.7
705.9

518.8
525.8
517.2
525.5
513.2
500.1
492.5
495.5

1973- 1

II
Ill
IV

1974- 1
II
HI
IV
1975: I
II
Ill
IV

1978: I

1979- I

„

II
HI
IV

1983: 1 .
II . .

1984: I

1985: I

3'.1

8.1
1.1
1.3
-.9

-1.6
2.8

10.7
2.1
.3
3.1

-3.6
1.0
-3.4
-1.6

-.7
1.3
-2.0
-4.8

-5.8
.9
-2.9
-3.0

-2.9
.7
-3.8
-2.1

3,177.4
3,213.9
3,275.5
3,323.6

-8.7
4.7
7.7
5.3

0
5.0
3.9
4.5

-11.0
3.5
9.7
5.4

-9.2
4.7
7.9
6.0

3,353.8
3,375.4
3,389.3
3,430.0

3,386.8
3,400.5
3,412.7
3,448.9

8.0
1.5
1.4
4.2

5.2
.7
2.2
5.8

10.1
2.6
1.7
4.9

3,441.5
3,490.7
3,520.4
3,543.4

3,494.1
3,550.2
3,596.9
3,603.0

3,503.9
3,561.7
3,610.8
3,599.3

6.0
6.9
5.7
-.8

4.8
5.8
3.4
2.6

7.7
6.6
5.4
.7

6.5
6.8
5.6
-1.3

402.6
405.4
411.5
414.0

3,555.8
3,670.1
3,700.3
3,739.0

3,638.6
3,733.5
3,762.5
3,798.8

3,629.1
3,737.9
3,769.8
3,819.3

2.8
13.5
3.1
4.8

1.4
13.5
3.3
4.2

4.0
10.8
3.1
3.9

3.4
12.5
3.5
5.4

270.4
269.9
273.5
272.9

410.8
417.1
420.1
422.4

3,759.1
3,754.6
3,802.5
3,816.7

3,798.1
3,804.7
3,814.8
3,811.9

3,821.2
3,829.8
3,862.0
3,868.3

.1
.4
2.5
.7

2.2
_«
5.2
1.5

-.1
.7
1.1

.2
-.9
3.4
.7

704.7
707.9
701.9
702.2

281.0
288.2
285.6
284.4

423.7
419.7
416.2
417.8

3,823.7
3,736.2
3,770.7
3,807.7

3,819.7
3,699.5
3,686.5
3,776.9

3,884.6
3,782.3
3,780.5
3,846.2

1.7
-9.9
.1
8.3

.8
-12.0
-1.4
10.2

1.7
-10.1
-.2
7.1

299.0
304.1
302.3
311.1

712.2
713.4
711.7
715.5

290.6
297.3
297.5
297.9

421.6
416.2
414.2
417.5

3,827.9
3,828.6
3,828.8
3,789.0

3,831.5
3,816.5
3,843.6
3,793.1

3,901.6
3,882.8
3,904.9
3,848.5

5.6
-1.7
2.1
-6.2

5.9
-1.9
2.3
-5.7

306.1
306.5
293.9
280.4

302.6
302.9
311.5
299.4

714.7
719.2
724.6
735.9

299.5
301.6
307.0
. 316.0

415.2
417.6
417.6
419.9

3,780.6
3,772.6
3,753.7
3,804.5

3,752.6
3,767.6
3,772.1
3,778.6

3,793.0
3,810.3
3,789.4
3,791.7

-4.9
1.6
-1.8
.6

-4.1
_9
-.8
-2.0
5.5

5.9
-1.6
2.9
-5.2

—4 1
1.6

-5.6
1.8
-2.2
.2

-28.0
-45.9
-67.0
-83.7

282.5
283.7
286.1
291.5

310.5
329.5
353.1
375.1

735.3
740.4
751.5
748.1

315.5
319.2
326.3
322.2

419.8
421.2
425.3
425.9

3,817.0
3,876.6
3,932.3
3,982.8

3,811.5
3,932.3
4,011.4
4,095.8

3,816.5
3,916.7
3,978.8
4,046.6

2.6
11.3
6.1
7.0

1.3
6.4
5.9
5.2

3.5
13.3
8.3
8/7

2.6
10.9
6.5
7,0

79.9
71.0
73.0
47.9

-108.4
-121.0
-127.2
-131.4

298.0
303.9
308.2
312.8

406.3
424.9
435.4
444.2

754.1
763.3
766.0
784.3

323,8
329.6
328.7
341.7

430.4
433.7
437.3
442.6

4,009.6
4,073.1
4,093.5
4,146.2

4,197.9
4,265.0
4,293.6
4,325.5

4,119.1
4,169.4
4,193.0
4,216.4

7.9
5.4
2.2
2.7

2.7
6.5
2.0
5.2

10.4
6.5
2.7
3.0

7.4
5.0
2.3
2.3

199.0
198.9
202.7
207.4

14.8
23.7
19.8
30.2

-127.1
-149.2
-149.6
-155.4

438.1
459.0
454.0
467.4

4,207.1
4,231.0
4,289.2
4,303.3
4,342.4
4,369.5
4,424.7
4,447.2

4,533.6
4,544.7
4,577.0
4,583.1

4,238.1
4,270.5
4,321.8
4,349.5
4,406.4
4,394.6
4,422.3
4,430.8

2.7
3.2
5.2
2.3
5

2.1
3.1
4.9
2.6

464.0
480.9
494.9
498.9

448.1
455.8
462.2
466.7
475.4
480.9
486.0
487.3

2.2
5.2
5.1
2.7

-143.1
-157.1
-164.3
-156.0

343.4
350.0
363.5
363.7
359.4
369.7
385.5
377.5

6.0
2.3
5.6
1.3

48.1
18.2
-12.0
-20.1

791.5
805.8
825.7
830.5
834.9
850.6
871.6
864.8

4,349.0
4,404.0
4,458.6
4,488.9

215.0
228.0
231.3
230.5

310.9
309.8
304.3
312.0
320.9
323.9
330.6
342.9

4.0
1.0
2.<

5.3
-1.1
2.5
.8
3.0
4.9
4.1
6.2

-s'.s

3.7
4.0
2.1

6

9.5

II
Ill
IV

4,390.5
4,387.7
4,412.6
4,427.1

2,824.9
2,849.7
2,893.3
2,895.3
2,922.4
2,947.9
2,993.7
3,012.5

II
HI
IV

4,460.0
4,515.3
4,559.3
4,625.5

3,011.5
3,046.8
3,075.8
3,074.7

389.4
403.1
417.7
404.7

1,005.6
1,011.3
1,012.9
1,014.6

1,616.5
1,632.4
1,645.2
1,655.5

729.3
735.7
738.4
793.8

481.1
490.7
508.6
510.6

225.7
227.7
224.3
223.3

22.5
17.3
5.4
59.9

-150.0
-146.3
-139.8
-136.0

342.1
356.5
371.5
386.1

492.1
502.7
511.3
522.1

869.1
879.0
884.9
893.0

376.8
384.5
386.8
391.6

492.3
494.6
498.1
501.4

4,437.5
4,497.9
4,553.9
4,565.6

4,610.0
4,661.6
4,699.1
4,761.5

4,463.9
4,517.8
4,563.6
4,633.0

3.0
5.1
4.0
5.9

3.7
2.5
5.1
2.0
_<
5'.6
5.1
1.0

II
Ill
IV

4,655.3
4,704.8
4,734.5
4,779.7

3,128.2
3,147.8
3,170.6
3,202.9

425.1
426.9
423.8
439.2

1,023.5
1,031.0
1 0393
1,046.8

1,679.6
1,690.0
1,707.5
1,716.9

756.9
769.4
782.2
785.0

517.7
531.4
535.2
538.8

220.0
222.0
223.5
225.3

19.2 -113.4
16.1 -98.1
235 -101.9
20.9 -102.7

407.1
417.2
424.1
438.2

520.5
515.2
526.1
540.9

883.7
885.6
883.7
894.5

379.7
377.2
373.7
378.4

503.9
508.3
510.0
516.1

4,636.2
4,688.7
4,710.9
4,758.7

4,768.7
4,802.8
4,836.4
4,882.4

4,667.1
4,710.3
4,738.7
4,789.0

2.6
4.3
2.5
3.9

6.3
4.6
1.9
4.

2.4
4.6
3.3
5.4
.<
2.9
2.8
3.9

4,809.8
4,832.4
4,845.6
4,859.7

3,200.9
3,208.6
3,241.1
3,241.6

433.6
439.9
454.3
435.6

1,047.1
1,043.3
1,051.4
1,055.3

1,720.3
1,725.4
1,735.4
1,750.7

803.2
797.4
776.8
779.2

540.0
543.6
544.7
541.3

221.9
215.0
211.9
207.9

41.2
38.9
20.2
30.0

-81.2
-71.9
-79.8
-70.0

451.2
469.5
470.5
485.8

532.4
541.3
550.3
555.7

886.9
898.3
907.4
908.9

369.1
376.2
380.9
373.9

517.8
522.1
526.4
534.9

4,768.5
4,793.5
4,825.4
4,829.7

4,891.0
4,904.3
4,925.4
4,929.7

4,813.9
4,831.6
4,847.9
4,869.3

2.5
1.9
1.1
1.2

2.
2.7

1.7

4,880.8
4,900.3
4,903.3
4,855.1

3,258.8
3,258.6
3,281.2
3,251.8

452.7
438.7
440.3
424.0

1,054.4
1,050.3
1,053.7
1,044.7

1,751.8
1,769.6
1,787.3
1,783.1

754.9
766.0
760.3
696.6

550.7
544.3
555.5
544.5

208.2
199.5
190.9
183.3

-4.0
22.1
13.9
-31.2

-56.0
-52.5
-65.7
-31.2

496.2
502.1
501.6
522.5

552.2
554.5
567.4
553.7

923.0
928.1
927.5
937.9

379.3
383.3
378.4
382.6

543.7
544.8
549.1
555.3

4,884.8
4,878.1
4,889.4
4,886.3

4,936.8
4,952.7
4,969.1
4,886.3

4,890.2
4,901.2
4,909.2
4,877.7

1.7
1.6

4.6

1986: I

1987: I

1988: I

1989- 1
II

m

IV
1990- 1
II
HI
IV

NOTE.—GDP=Gross domestic product; CBI=Change in business inventories; GNP=Gross national product




GNP

-i

2":
1.3

-3.9

i:

.1
1.3
1.3
-6.5

I
1.4
4.3

3.0
3.8
2.4
4.3
2.1
1.5
1.4
1.8
1.7
.9
.7
-2.5

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