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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 512.2 485.7 495.9 499.2 509.1 512.1 507.5 511.5 514.0 529.2 515.6 510.1 494.0 m 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 Gross domestic product Final sales of domestic product Change in business inventories Goods l 1990 1989 III IV I n in 4345.6 IV I n 1991 I n in 4340.7 4361.0 1 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 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 4,704.8 4,039.7 4,001.2 3,624.4 376.8 65.8 -27.2 478.7 151.4 327.3 153.5 333.9 153.3 331.2 153.2 332.8 3 4 5 6 7 Households and institutions Private households Nonprofit institutions 8 170.5 9 10 7.7 162.8 General government 11 12 13 Federal State and local Addendum: Gross domestic business product less housing 2 14 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 154.1 342.7 155.7 353.1 1989 1988 1990 III 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 Gross sales of domesdomes- 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 Gross sales of domesdomes- tic pur- national tic product chases product 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 Gross sales of domesdomes- 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
@FedFRASER