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July 1992 • 49 SURVEY OF CURRENT BUSINESS i. National Product and IncomeTable 1.1 .—Gross Domestic Product [Billions of dollars] Seasonally adjusted at annual rates Line 1988 1989 1990 1991 1988 IV Gross domestic product Personal consumption expenditures Durable goods Nondurable qoods Services Gross private domestic investment 1990 1989 I II III IV I II 1992 1991 III IV I II III IV I II 1 4,900.4 5,250.8 55222 5,677.5 5,044.6 5,150.0 5,229.5 5,278.9 5,344.8 5,445.2 5,522.6 5,559.6 5,561.3 5,585.8 5,657.6 5,713.1 5,753.3 5,840.2 5,893.6 2 3,296.1 3,523.1 3,748.4 3,887.7 33982 3,440.8 3,499.1 3,553.3 3,599.1 3,672.4 3,715.3 3,787.8 3,818.2 3,821.7 3,871.9 3,914.2 3,942.9 4,022.8 4,053.8 3 4 5 437.1 469.4 469.7 459.4 464.3 446.1 452.9 450.8 457.6 470.8 458.3 478.0 463.5 463.0 452.7 439.5 441.4 453.0 450.4 1,073.8 1,149.5 1,224.5 1,251.5 1,105.8 1,121.1 1,146.5 1,157.1 1,173.5 1,199.3 1,208.7 1,235.3 1,254.5 1,245.0 1,254.2 1,255.3 1,251.4 1,274.1 1,277.2 1,785.2 1,914.2 2,059.7 2,190.1 1,839.5 1,868.8 1,895.1 1,925.4 1,967.3 1,995.0 2,043.1 2,089.6 2,111.1 2,137.2 2,176.3 2,205.9 2,241.1 2,279.3 2,306.9 6 793.6 832.3 799.5 721.1 814.8 843.9 840.3 819.6 825.2 820.3 833.0 805.7 739.0 705.4 710.2 732.8 736.1 722.4 759.8 7 8 9 10 11 12 13 14 777.4 545.4 182.0 363.4 232.0 798.9 568.1 193.3 374.8 230.9 800.2 563.4 190.2 373.3 236.8 800.5 568.4 189.6 378.8 232.1 800.0 571.5 195.5 376.1 228.5 795.0 568.8 198.0 370.8 226.2 795.3 572.1 201.5 370.6 223.1 795.3 585.2 204.1 381.0 210.1 16.2 27.5 33.3 31.8 17.3 32.0 43.7 39.8 33.3 19.6 23.4 37.7 10.4 770.0 572.9 196.3 376.6 197.1 -31.0 -29.3 733.9 551.4 190.0 361.4 182.6 -28.5 -27.4 726.9 528.7 169.7 358.9 198.2 9.2 -1.2 -1.1 14.5 -5.3 738.2 531.0 170.1 360.8 207.2 -15.8 -13.3 -1.7 732.0 545.8 185.2 360.6 186.2 -21.8 -27.0 5.2 732.6 538.4 175.6 362.8 194.2 .2 1.5 731.3 541.1 180.1 360.9 190.3 -10.2 -10.3 0 797.5 560.2 186.8 373.4 237.3 -11.3 793.2 577.6 201.1 376.5 215.6 6.3 3.3 3.1 15 -108.0 -79.7 -685 16 17 444.2 552.2 508.0 587.7 557.0 625.9 Government purchases 18 Federal National defense Nondefense State and local 19 20 21 22 Fixed investment Nonresidential . Structures Producers' durable equipment Residential Change in business inventories Farm Net exports of goods and services Exports Imports 7.9 6.5 -3.8 30.2 34.8 -4.6 812.2 580.1 202.4 377.6 232.1 8.1 6.1 2.0 -2.4 759.1 546.6 169.5 377.2 212.5 .7 -.2 .9 -21.8 -106.0 -85.1 -80.1 -79.7 -73.9 -72.1 -59.9 -76.3 -67.2 -28.7 -15.3 -27.1 -16.0 -8.1 -29.4 598.2 620.0 467.0 573.1 489.7 574.9 509.5 589.6 509.0 588.7 523.8 597.7 541.2 613.3 551.2 611.2 555.9 632.2 579.7 646.9 573.2 602.0 594.3 609.6 602.3 629.5 622.9 638.9 628.1 636.2 918.7 975.2 1,043.2 1,090.5 937.6 950.4 9702 985.6 994.5 1,024.7 1,034.3 1,042.4 1,071.3 1,087.5 1,090.8 1,093.3 1,090.3 1,103.1 1,109.4 387.0 295.6 401.6 299.9 101.7 573.6 426.4 314.0 112.4 616.8 392.0 296.8 392.3 293.5 95.2 98.7 545.7 558.1 401.6 298.2 103.4 568.6 407.3 305.3 101.9 578.4 405.1 302.5 102.6 589.3 91.4 531.7 447.3 323.8 123.6 643.2 35.8 -14.7 420.3 311.6 108.7 604.3 30.8 7.0 424.4 312.9 111.5 610.0 5.5 4.9 422.6 308.4 114.3 619.7 438.3 323.2 115.0 633.0 451.3 332.4 118.8 636.3 449.9 325.9 124.0 640.8 1.4 447.2 321.9 125.3 646.0 440.8 314.7 126.1 649.5 445.0 313.6 131.4 658.0 622.1 651.5 446.8 313.2 133.6 662.7 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 1988 1989 1990 IV Gross domestic product Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment II I III IV I III II 1992 1991 1990 1989 1988 1991 IV 1 II III IV 1 II 1 4,718.6 4,838.0 4,877.5 4,821.0 4,779.7 4,817.6 4,839.0 4,839.0 4,856.7 4,890.8 4,902.7 4,832.6 4,833.8 4,796.7 4,817.1 4,831.8 4,838.5 4,873.7 4,890.5 2 3,162.4 3,223.3 3,260.4 3,240.8 3,202.9 3,203.6 3,212.2 3,235.3 3,242.0 3,259.5 3,260.1 3,273.9 3,248.0 32235 3,239.3 3,251.2 3,249.0 3,289.3 3,286.6 3 4 5 429.3 432.3 416.1 419.4 411.3 412.0 453.5 439.2 437.7 426.6 439.2 435.2 440.2 450.6 436.8 414.7 440.7 428.7 439.3 1,035.1 1,051.6 1,056.5 1,042.4 1,046.8 1,048.1 1,047.0 1,052.6 1,058.9 1,058.3 1,057.1 1,059.1 1 051 6 1 0430 1 0463 1,044.8 1,035.6 1,049.6 1.045.4 1,698.5 1,731.0 1,764.6 1,783.7 1,716.9 1,720.3 1,725.1 1,732.2 1,746.3 1,747.7 1,763.7 1,777.1 1,769.8 1,768.5 1,781.8 1,787.0 1,797.4 1,807.3 1,812.0 6 773.4 784.0 739.1 661.1 785.0 802.9 794.5 769.0 769.5 763.0 770.2 743.1 680.0 646.0 649.5 672.0 676.9 668.9 702.2 Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm 7 8 9 10 11 12 13 14 753.4 530.8 174.0 356.8 222.7 754.2 540.0 177.6 362.5 214.2 670.4 500.2 157.6 342.6 170.2 764.1 538.8 175.7 363.1 225.3 761.7 539.5 177.0 362.4 2222 757.5 542.2 174.7 367.5 215.4 753.1 541.8 178.8 363.0 211.2 744.6 536.7 179.8 356.9 208.0 732.0 542.9 181.2 361.7 189.1 29.8 29.9 -9.3 -9.6 20.9 30.5 -9.6 41.2 35.5 36.9 31.4 16.0 21.5 -5.6 24.9 31.2 -6.3 32.8 27.9 11.2 706.8 529.3 173.2 356.1 177.5 -26.8 -25.6 669.8 503.0 162.2 340.8 166.9 -20.4 -24.5 4.1 669.3 492.1 148.4 343.7 177.3 7.5 -1.0 1.6 11.8 -4.2 681.4 495.8 149.4 346.4 185.6 -12.6 -10.7 -1.2 671,1 507.0 166.8 340.2 164.1 -25.1 -24.7 -.4 671.4 498.7 153.0 345.6 172,6 .6 -1 755.4 544.8 182.0 362.8 210.7 7.5 5.9 1.6 737.4 535.6 180.1 355.5 201.8 19.9 26.9 -7.0 732.9 538.1 179.1 359.0 194.8 6.2 3.7 2.5 701.2 511.7 148.6 363.1 189.5 1.0 .2 .7 Net exports of goods and services Exports Imports 15 -104.0 -73.7 -51.8 -21.8 -102.7 -79.8 -70.0 -77.5 -67.4 -58.4 -56.9 -59.3 -32.7 -17.9 -17.4 -31.6 -20.5 -21.5 -35.9 16 17 421.6 525.7 471.8 545.4 510.0 561.8 539.4 561.2 438.2 540.9 454.5 534.3 472.0 541.9 472.9 550.5 487.7 555.0 500.2 558.6 508.7 565.6 -508.4 567.7 522.6 555.3 515.9 533.8 536.1 553.5 544.2 575.8 561.4 581,8 565.4 586.8 560.0 595.9 Government purchases 18 886.8 904.4 929.9 941.0 894.5 890.8 902.3 912.2 912.6 926.8 929.4 924.8 938.5 945.1 945.6 940.2 933.1 937.0 937.6 Federal National defense Nondefense State and local 19 20 21 22 377.3 287.0 376.1 281.4 370.1 276.7 376.9 280.4 381.5 286.9 376.1 281.5 383.4 284.9 94.8 92.7 93.4 96.5 94.5 94.7 98.5 509.6 528.3 388.3 282.8 105.5 552.7 378.4 285.7 90.2 383.6 283.3 100.3 546.3 516.1 520.7 525.4 530.7 536.5 543.4 385.4 285.1 100.3 544.0 378.3 277.3 101.0 546.5 387.3 285.8 101.5 551.2 394.1 291.8 102.2 551.0 393.8 287.6 106.2 551.8 387.2 280.6 106.6 553.0 378.2 271.0 107.2 554.9 375.3 265.6 109.7 561.8 375.6 264.5 111.1 562.0 .3 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 5.8 5.6 4.8 6.6 4.6 -1.9