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SURVEY OF CURRENT BUSINESS

September 1986

National Income and Product Accounts Tables
New estimates in this issue: Second quarter 1986, revised ( r ).
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

Seasonally adjusted at annual rates

1984

1985
II

I

III

Gross national product
3,765.0 3,998.1 3,909.3 3,965.0
Personal consumption
2,428.2 2,600.5 2,530.9 2,576.0
expenditures
331.2 359.3 347.7 354.0
Durable goods
Nondurable goods
870.1 905.1 888.2 902.3
Services
1,227.0 1,336.1 1,294.9 1,319.7
Gross private domestic
investment
662.1 661.1 650.6 667.1
Fixed investment
598.0 650.0 625.2 648.0
416.5 458.2 439.8 459.2
Nonresidential
139.3 154.8 150.7 156.1
Structures
Producers' durable
equipment
277.3 303.4 289.1 303.1
181.4 191.8 185.4 188.8
Residential ..
Change in business
64.1
11.1
25.4
inventories
19.1
Nonfarm
56.6
12.2
10.4
18.5
11
Farm
7.5
6.9
8.6
Net exports of goods and
services
-58.7 -78.9 -49.4 -77.1
Exports
382.7 369.8 378.4 370.0
Imports
441.4 448.6 427.9 447.1
Government purchases of goods
733.4 815.4 777.3 799.0
and services
Federal
311.3 354.1 333.7 340.9
235.0 259.4 248.9 255.1
National defense
76.2
Nondefense
94.7
85.8
84.8
State and local
422.2 461.3 443.5 458.1

1984

1986

1985
IV

r

I

4,030.5 4,087.7 4,149.2 4,175.6
2,627.1 2,667.9 2,697.9 2,732.0
373.3 362.0 360.8 373.9
907.4 922.6 929.7 928.4
1,346.4 1,383.2 1,407.4 1,429.8
657.4
654.3
459.8
155.0

669.5
672.6
474.0
157.2

708.3
664.4
459.2
154.6

687.3
672.8
457.5
141.5

304.7
194.5

316.8
198.6

304.6
205.3

316.0
215.3

3.1
3.2
1

-3.1
16.7
199

43.8
41.2
2.7

14.5
10.5
3.9

-83.7 -105.3 -93.7
362.3 368.2 374.8
446.0 473.6 468.5

1045
363.0
467.5

836.7
355.7
266.4
89.3
480.9

860.8
367.6
278.4
89.2
493.3

829.7
360.9
265.5
95.5
468.8

855.6
380.9
268.0
112.9
474.7

I

II

1986

1985

1985

III

II

Gross national product
3,489.9 3,585.2 3,547.0 3,567.6
Personal consumption
expenditures
2,246.3 2,324.5 2,292.3 2,311.9
Durable goods
318.9 343.9 332.3 338.8
Nondurable goods
828.6 841.6 834.3 841.3
Services ..
1,098.7 1,139.0 1,125.8 1,131.8
Gross private domestic
investment
652.0 647.7 638.2 655.6
Fixed investment
592.8 638.6 615.0 638.1
422.2 461.4 442.7 463.0
Nonresidential
Structures
141.3 152.2 149.9 154.1
Producers' durable
equipment
280.9 309.2 292.8 308.9
170.6 177.2 172.4 175.1
Residential
Change in business
17.4
23.2
inventories
59.2
9.0
16.7
9.6
Nonfarm
10.9
54.3
6.4
7.8
Farm
4.9 -1.9
Net exports of goods and
services
-83.6 -108.2 -78.8 -108.1
Exports
369.7 362.3 369.4 361.2
453.2 470.5 448.2 469.3
Imports
Government purchases of goods
and services
675.2 721.2 695.3 708.3
Federal
291.7 323.6 305.8 311.4
National defense
219.4 235.7 228.0 233.5
77.8
77.9
Nondefense
72.3
87.8
State and local
383.5 397.6 389.5 396.9

IV

I

IP

3,603.8 3,622.3 3,655.9 3,661.4
2,342.0 2,351.7 2,372.7 2,408.4
357.4 347.0 345.4 357.1
843.8 847.2 860.6 877.3
1,140.8 1,157.5 1,166.6 1,174.0
643.8
643.1
463.1
152.3

653.2
658.4
476.9
152.4

684.0
644.1
457.8
148.1

664.7
649.6
456.8
132.9

310.9
180.0

324.5
181.5

309.7
186.3

323.9
192.7

.7 -5.2
1.4
16.1
-.7 -21.3

39.9
37.0
2.9

15.1
11.0
4.1

-113.8 -132.0 -125.9
355.8 362.9 369.2
469.6 494.8 495.1

153.9
359.8
513.6

731.8
329.9
242.2
87.6
401.9

749.4
347.2
239.3
107.9
402.2

742.2
328.9
249.3
79.5
413.3

725.2
320.4
238.7
81.7
404.8

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 hi
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]

Se:asonalbr adjusteid at an aual ratoes

1984

1985
I

Gross national product
Final sales
Change hi business
inventories
Goods ....
Final sales
Change in business
inventories
Durable goods.
Final sales
Change hi business
inventories
Nondurable goods
Final sales
Change in business
inventories
Services
Structures

II

Seasonally adjusted at annual rates

1986

1985
III

IV

I

1984
IIr

3,765.0 3,998.1 3,909.3 3,965.0 4,030.5 4,087.7 4,149.2 4,175.6
3,700.9 3,987.0 3,883 9 3,945 9 4,027.4 4,090.8 4,105.4 4,161.2

43.8
14.5
25.4
11.1
64.1
19.1
3.1 -3.1
1,576.7 1,630.2 16116 16224 1,642.7 1,644.1 1,669.0 1,661.5
1,512.6 1,619.1 1,586 2 1,6033 1,639.7 1,647.2 1,625.2 1,647.1
641
6750
6359

11 1
7002
6936

191
254
6884 6931
671 1 6908

31
7103
7130

31
7091
6996

438
710.6
6820

145
703.1
7032

392
9017
876.7

66
9300
925.5

173
9232
9152

23
9293
9126

27
9325
926.7

95
9350
947.7

286
9584
943.1

9585
943.9

_1

14.6
15.3
127
58
250
45
167
81
1,813.2 1,959.8 19063 1,935.4 1,971.9 2,025.5 2,057.7 2,087.4
375.1 408.1 391.4 407.2 415.9 418.1 422.6 426.7

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




1985

1985
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

1986
III

IV

I

IIr

3,489.9 3,585.2 3,547.0 3,567.6 3,603.8 3,622.3 3,655.9 3,661.4
3,430.7 3,576.2 3,523.9 3,550.2 3,603.1 3,627.5 3,616.1 3,646.3

59.2
17.4
23.2
9.0
39.9
.7 -5.2
15.1
1,503.1 1,533.2 1,521.1 1,526.0 1,544.2 1,541.7 1,563.6 1,562.8
1,443.9 1,524.2 1,497.9 1,508.6 1,543.6 1,546.9 1,523.7 1,547.6
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

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

15.1
687.5
688.3
7
875.2
859.4

3.2
21.7
15.9
3.5 -13.6
7.0
15.7
13.9
1,623.0 1,667.6 1,653.0 1,656.5 1,668.7 1,692.1 1,703.0 1,712.0
363.9 384.4 373.0 385.1 390.9 388.5 389.4 386.6

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