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SURVEY OF CURRENT BUSINESS May 1986 National Income and Product Accounts Tables Revised estimates in this issue: First quarter 1986. The full set of National Income and Product Accounts estimates shown regularly in this part of the SURVEY are now available on diskette for $240 per year (12 updates). For more information, write to the Bureau of Economic Analysis (BE—54), U.S. Department of Commerce, Washington, DC 20230. Table 1.1.—Gross National Product Table 1.2.—Gross National Product in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates 1984 1985 1984 1985 I IV Gross national product 3,774.7 3,988.5 3,852.5 3,917.5 Personal consumption expenditures 2,423.0 2,582.3 2,480.1 2,525.0 Durable goods 331.1 361.5 341.5 351.5 Nondurable goods 872.4 912.2 883.1 895.7 Services 1,219.6 1,308.6 1,255.4 1,277.8 Gross private domestic investment 674.0 669.3 676.2 657.6 Fixed investment 607.0 661.8 637.2 639.1 Nonresidential 427.9 476.2 458.1 459.6 147.6 170.2 157.2 166.1 Structures Producers' durable equipment 280.2 306.0 300.9 293.5 179.1 185.6 179.1 179.4 Residential Change in business 67.1 inventories 7.5 39.0 18.5 Nonfarm 58.0 11.8 36.4 14.2 Farm 9.1 -4.3 2.6 4.3 Net exports of goods and services -59.2 -78.5 -72.2 -42.3 Exports 384.6 369.9 389.5 379.6 443.8 448.4 461.7 421.9 Imports Government purchases of goods and services 736.8 815.4 768.4 777.2 Federal 312.9 355.4 332.9 334.4 237.0 261.9 247.5 249.5 National defense 76.0 93.6 85.4 84.9 Nondefense 423.9 460.0 435.5 442.8 State and local Seasonally adjusted at annual rates 1986 II III IV 2,563.3 2,606.1 2,634.8 2,669.1 356.5 376.0 362.0 364.1 910.2 914.5 928.3 936.0 1,296.6 1,315.6 1,344.6 1,369.0 672.8 657.3 474.2 169.7 666.1 665.9 478.5 170.4 680.7 685.0 492.5 174.5 715.4 678.0 480.3 171.1 304.5 183.1 308.1 187.4 318.0 192.5 309.2 197.8 15.5 10.8 4.7 .2 3.1 29 43 19.0 233 37.4 39.1 17 -70.3 -87.8 -113.4 -99.8 369.2 363.2 367.8 377.4 439.5 451.0 481.2 477.2 832.5 364.8 269.9 95.0 467.7 857.2 384.7 272.1 112.6 472.5 1985 F 3,960.6 4,016.9 4,059.3 4,121.3 794.8 337.8 256.0 81.7 457.1 1984 836.6 357.8 269.0 88.7 478.8 1984 1985 IV Gross national product Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment. Fixed investment . Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm Net exports of goods and services Exports Imports .. Government purchases of goods and services Federal National defense Nondefense State and local I 1986 II III IV F 3,492.0 3,570.0 3,515.6 3,547.8 3,557.4 3,584.1 3,590.8 3,623.5 2,239.9 2,313.0 2,262.0 2,288.6 2,303.5 2,329.6 2,330.4 2,354.3 318.6 345.3 327.6 335.0 340.3 359.3 346.7 346.9 828.0 846.9 828.6 839.9 846.7 849.8 851.1 865.4 1,093.3 1,120.8 1,105.8 1,113.7 1,116.5 1,120.4 1,132.6 1,142.0 661.3 598.6 430.3 148.7 649.0 643.3 472.0 165.8 659.9 623.8 457.8 156.0 639.6 623.8 457.2 163.2 655.6 640.5 470.9 165.3 645.0 646.8 473.7 165.8 655.7 662.0 486.5 168.7 680.7 647.6 469.8 163.7 281.6 168.3 306.3 171.2 301.9 166.0 293.9 166.7 305.6 169.6 307.9 173.1 317.8 175.5 306.1 177.8 62.7 55.9 6.8 5.7 10.6 48 36.1 34.6 1.5 15.8 11.8 4.0 15.1 10.7 4.5 18 1.6 34 63 18.2 245 33.0 34.8 -1.8 -85.0 -108.4 -100.2 -71.8 -101.1 -119.8 -140.8 -130.3 370.9 359.9 377.3 368.7 358.2 353.5 359.2 368.4 455.9 468.3 477.5 440.5 459.3 473.3 500.0 498.6 675.9 292.5 220.3 72.3 383.3 716.4 322.6 235.7 86.9 393.8 693.9 307.3 227.9 79.5 386.6 691.4 304.3 226.7 77.6 387.1 699.4 305.9 231.5 74.3 393.6 729.2 331.1 243.3 87.9 398.1 745.5 349.0 241.3 107.7 396.5 718.8 319.7 239.1 80.7 399.1 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.3.—Gross National Product by Major Type of Product Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1984 1985 1984 IV Gross national product Final sales Change in business inventories Goods Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services Structures 1986 1985 I II III IV 1985 IV F 3,774.7 3,988.5 3,852.5 3,917.5 3,960.6 4,016.9 4,059.3 4,121.3 3,707.6 3,981.1 3,813.5 3,899.0 3,945.0 4,016.7 4,063.6 4,083.9 67.1 37.4 18.5 15.5 39.0 .2 -4.3 7.5 1,585.8 1,639.3 1,604.0 1,628.4 1,636.0 1,650.8 1,642.2 1,671.7 1,518.8 1,631.9 1,565.0 1,609.8 1,620.5 1,650.6 1,646.5 1,634.3 67.1 679.5 642.5 7.5 709.2 702.8 39.0 701.9 672.6 18.5 706.2 689.4 15.5 705.9 704.0 .2 714.8 721.2 43 710.0 696.7 37.4 712.8 686.0 37.0 906.3 876.2 6.4 930.1 929.0 29.3 902.2 892.5 16.9 922.1 920.5 1.8 930.2 916.5 64 935.9 929.4 13.4 932.2 949.8 26.8 958.9 948.3 10.6 13.7 6.6 -17.7 9.7 1.6 30.1 1.1 1,806.6 1,930.5 1,855.6 1,887.6 1,908.2 1,939.9 1,986.4 2,016.0 382.2 418.7 392.9 401.5 416.3 426.2 430.6 433.6 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1984 Gross national product Final sales Change in business Goods Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business Services Structures 1986 1985 1984 I II III IV F 3,492.0 3,570.0 3,515.6 3,547.8 3,557.4 3,584.1 3,590.8 3,623.5 3,429.3 3,564.3 3,479.5 3,532.0 3,542.3 3,585.8 3,597.1 3,590.5 33.0 6.3 1.8 15.8 15.1 36.1 5.7 62.7 1,506.4 1,532.4 1,510.5 1,530.3 1,531.5 1,541.0 1,526.8 1,553.1 1,443.7 1,526.7 1,474.4 1,514.6 1,516.3 1,542.7 1,533.1 1,520.1 62.7 655.4 619.9 5.7 676.5 670.8 36.1 672.6 644.8 15.8 673.1 657.2 15.1 674.2 672.6 1.8 680.3 686.4 -6.3 678.6 666.8 33.0 679.7 655.0 35.5 851.0 823.9 5.8 855.9 855.9 27.9 837.9 829.6 15.8 857.3 857.3 1.6 857.3 843.8 -6.1 860.7 856.3 11.8 848.3 866.3 24.7 873-4 "O .1 8.4 4.4 18.0 13.5 8.2 0 27.1 1,615.4 1,644.2 1,630.1 1,636.0 1,633.9 1,643.4 1,663.5 1,671.8 370.2 393.4 375.0 381.5 392.0 399.7 400.5 398.7 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.