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SURVEY OF CURRENT BUSINESS

6

August 1986

National Income and Product Accounts Tables
New estimates in this issue: Second quarter 1986, revised (0The 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

1985
I

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

III

II

Seasonally adjusted at annual rates

1984

1986
IV

1985

1985

II r

I

3,765.0 3,998.1 3,909.3 3,965.0 4,030.5 4,087.7 4,149.2 4,179.8

I

II

1986
III

IV

II r

I

860.0
367.1
278.0
89.1
492.9

Gross national product
3,489.9 3,585.2 3,547.0 3,567.6 3,603.8 3,622.3 3,655.9 3,661.5
Personal consumption
expenditures ..
.
2,246.3 2,324.5 2,292.3 2,311.9 2,342.0 2,351.7 2,372.7 2,410.4
Durable goods
318.9 343.9 332.3 338.8 357.4 347.0 345.4 358.8
Nondurable goods
828.6 841.6 834.3 841.3 843.8 847.2 860.6 878.1
Services
1,098.7 1,139.0 1,125.8 1,131.8 1,140.8 1,157.5 1,166.6 1,173.5
Gross private domestic
investment
652.0 647.7 638.2 655.6 643.8 653.2 684.0 659.2
Fixed investment
592.8 638.6 615.0 638.1 643.1 658.4 644.1 647.5
422.2 461.4 442.7 463.0 463.1 476.9 457.8 455.2
Nonresidential
Structures
141.3 152.2 149.9 154.1 152.3 152.4 148.1 131.1
Producers' durable
equipment
280.9 309.2 292.8 308.9 310.9 324.5 309.7 324.1
Residential
170.6 177.2 172.4 175.1 180.0 181.5 186.3 192.3
Change in business
23.2
17.4
11.6
inventories
59.2
.7 -5.2
39.9
9.0
37.0
8.2
Nonfarm
16.7
9.6
1.4
16.1
54.3
10.9
3.4
7.8
Farm
4.9 -1.9
6.4
-.7 -21.3
2.9
Net exports of goods and
services
-83.6 -108.2 -78.8 108.1 113.8 -132.0 125.9 -150.5
Exports
369.7 362.3 369.4 361.2 355.8 362.9 369.2 363.9
Imports
453.2 470.5 448.2 469.3 469.6 494.8 495.1 514.4
Government purchases of goods
and services
675.2 721.2 695.3 708.3 731.8 749.4 725.2 742.4
Federal
291.7 323.6 305.8 311.4 329.9 347.2 320.4 329.5
219.4 235.7 228.0 233.5 242.2 239.3 238.7 250.0
National defense
81.7
79.4
Nondefense
77.8
77.9
87.6 107.9
72.3
87.8
State and local
383.5 397.6 389.5 396.9 401.9 402.2 404.8 413.0

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

2,428.2 2,600.5 2,530.9 2,576.0 2,627.1 2,667.9 2,697.9 2,735.3
331.2 359.3 347.7 354.0 373.3 362.0 360.8 375.7
870.1 905.1 888.2 902.3 907.4 922.6 929.7 929.1
1,227.0 1,336.1 1,294.9 1,319.7 1,346.4 1,383.2 1,407.4 1,430.5
662.1
598.0
416.5
139.3

661.1
650.0
458.2
154.8

650.6
625.2
439.8
150.7

667.1
648.0
459.2
156.1

657.4
654.3
459.8
155.0

669.5
672.6
474.0
157.2

708.3
664.4
459.2
154.6

684.7
672.2
456.5
140.3

277.3
181.4

303.4
191.8

289.1
185.4

303.1
188.8

304.7
194.5

316.8
198.6

304.6
205.3

316.1
215.7

25.4
18.5
6.9

19.1
10.4
8.6

3.1 -3.1
3.2
16.7
-.1 -19.9

43.8
41.2
2.7

12.5
9.2
3.3

64.1
56.6
7.5

11.1
12.2
11

-58.7 -78.9 -49.4 -77.1 -83.7 -105.3 -93.7 -100.2
382.7 369.8 378.4 370.0 362.3 368.2 374.8 367.9
441.4 448.6 427.9 447.1 446.0 473.6 468.5 468.1
733.4
311.3
235.0
76.2
422.2

815.4
354.1
259.4
94.7
461.3

777.3
333.7
248.9
84.8
443.5

799.0
340.9
255.1
85.8
458.1

829.7
360.9
265.5
95.5
468.8

855.6
380.9
268.0
112.9
474.7

836.7
355.7
266.4
89.3
480.9

[Billions of dollars]

[Billions of 1982 dollars]
Seasonally adjusted at annual rates

1984

I

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

II

Seasonally adjusted at annual rates

1986

1985

1985

III

IV

I

II

3,765.0 3,998.1 3,909.3 3,965.0 4,030.5 4,087.7 4,149.2 4,179.8
3,700.9 3,987.0 3,883.9 3,945.9 4,027.4 4,090.8 4,105.4 4,167.3

12.5
43.8
19.1
3.1 -3.1
25.4
64.1
11.1
1,576.7 1,630.2 1,611.6 1,622.4 1,642.7 1,644.1 1,669.0 1,663.1
1,512.6 1,619.1 1,586.2 1,603.3 1,639.7 1,647.2 1,625.2 1,650.6
64.1
675.0
635.9

11.1
700.2
693.6

25.4
688.4
671.1

19.1
693.1
690.8

3.1
710.3
713.0

-3.1
709.1
699.6

43.8
710.6
682.0

12.5
710.4
708.5

39.2
901.7
876.7

6.6
930.0
925.5

17.3
923.2
915.2

2.3
929.3
912.6

-2.7
932.5
926.7

9.5
935.0
947.7

28.6
958.4
943.1

1.8
952.8
942.1

10.7
15.3
12.7
16.7
5.8
25.0
8.1
4.5
1,813.2 1,959.8 1,906.3 1,935.4 1,971.9 2,025.5 2,057.7 2,090.5
375.1 408.1 391.4 407.2 415.9 418.1 422.6 426.2

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




1984

r

L_
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

1985
l

II

HI

IV

I

U

r

3,489.9 3,585.2 3,547.0 3,567.6 3,603.8 3,622.3 3,655.9 3,661.5
3,430.7 3,576.2 3,523.9 3,550.2 3,603.1 3,627.5 3,616.1 3,649.8

59.2
17.4
23.2
9.0
11.6
.7 -5.2
39.9
1,503.1 1,533.2 1,521.1 1,526.0 1,544.2 1,541.7 1,563.6 1,563.6
1,443.9 1,524.2 1,497.9 1,508.6 1,543.6 1,546.9 1,523.7 1,551.9
59.2
653.4
615.9

9.0
675.8
670.0

23.2
660.0
643.8

17.4
668.3
666.6

.7
686.5
689.3

-5.2
688.7
680.2

39.9
688.6
662.6

11.6
695.8
694.8

37.5
849.7
828.0

5.9
857.4
854.2

16.2
861.1
854.1

1.7
857.7
841.9

-2.9
857.8
854.2

8.4
853.0
866.7

26.0
875.0
861.1

1.0
867.8
857.1

21.7
15.7
7.0
3.2
13.9
10.6
3.5 -13.6
1,623.0 1,667.6 1,653.0 1,656.5 1,668.7 1,692.1 1,703.0 1,713.1
363.9 384.4 373.0 385.1 390.9 388.5 389.4 384.8

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

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