View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

SURVEY OF CURRENT BUSINESS

March 1987

National Income and Product Accounts Tables
New estimates in this issue: Fourth quarter and annual 1986, revised ( r ).
Estimates for 1929-82 are in The National Income and Product Accounts, 1929-82: Statistical Tables (GPO Stock No. 003-010-00174-7, price
$23.00). Estimates for 1983-85 are in the July 1986 SURVEY. These publications are available from the Superintendent of Documents and Commerce Department District Offices; see addresses inside front cover.
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

1985

1986r
III

Seasonally adjusted at annual rates

1986

1985
IV

Gross national product
3,998.1 4,206.1 4,030.5 4,087.7
Personal consumption
expenditures.. .
2,600.5 2,762.5 2,627.1 2,667.9
Durable goods
359.3 388.1 373.3 362.0
905.1 932.7 907.4 922.6
Nondurable goods
Services
1,336.1 1,441.7 1,346.4 1,383.2
Gross private domestic
investment
661.1 683.6 657.4 669.5
Fixed investment
650.0 677.0 654.3 672.6
458.2 460.0 459.8 474.0
Nonresidential
157.2
155.0
Structures
143.3
154.8
Producers' durable
303.4 316.7 304.7 316.8
equipment
194.5
198.6
Residential
191,8 217.0
Change in business
6.7
3.1 -3.1
inventories
11.1
3.2
16.7
7.7
12.2
Nonfarm
-.1 -19.9
1.0
Farm
11
Net exports of goods and
services
104.3 -83.7 -105.3
78.9
369.8 373.0 362.3 368.2
Exports
448.6 477.3 446.0 473.6
Imports
Government purchases of goods
815.4
864.2 829.7 855.6
and services
366.2 360.9 380.9
354.1
Federal
259.4 277.6 265.5 268.0
National defense
112.9
95.5
94.7
88.6
Nondefense .
498.0 468.8 474.7
461.3
State and local

I

II

1985
III

IVr

4,149.2 4,175.6 4,240.7 4,258.7
2,697.9 2,732.0 2,799.8 2,820.4
403.1
360.8 373.9 414.5
929.7 928.4 932.8 940.1
1,407.4 1,429.8 1,452.4 1,477.2

1985

1986'
III

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

1986
IV

I

II

III

IVr

3,585.2 3,674.9 3,603.8 3,622.3 3,655.9 3,661.4 3,686.4 3,696.1
2,324.5 2,418.7 2,342.0 2,351.7 2,372.7 2,408.4 2,448.0 2,445.8
343.9 368.6 357.4 347.0 345.4 357.1 391.6 380.4
841.6
872.1 843.8 847.2 860.6 877.3 875.4 875.1
1,139.0 1,178.0 1,140.8 1,157.5 1,166.6 1,174.0 1,181.0 1,190.2

708.3
664.4
459.2
154.6

687.3
672.8
457.5
141.5

675.8
680.3
459.0
139.5

663.2
690.3
464.3
137.5

304.6
205.3

316.0
215.3

319.5
221.3

326.8
226.0

14.5 -4.5
10.5 -10.3
5.8
3.9

27.1
10.8
16.3

-93.7 -104.5 -108.9
374.8 363.0 370.8
468.5 467.5 479.7

110.2
383.5
493.7

874.0
369.3
286.8
82.6
504.7

885.3
372.1
278.8
93.3
513.2

3 -28.5
39.9
15.1
9.0
6.6
.7 -5.2
11.0 -8.6 -9.8
37.0
Nonfarm
10.9
1.4
16.1
7.4
8.3 -18.7
2.9
4.1
-1.9
-.7 -21.3
Farm
— .9
Net exports of goods and
services
-108.2 -147.8 -113.8 -132.0 -125.9 -153.9 -163.3 1480
Exports
362.3 371.5 355.8 362.9 369.2 359.8 371.2 385.8
513.6 534.5 533.8
470.5 519.3 469.6 494.8 495.1
Imports
Government purchases of goods
721.2
and services
746.8 731.8 749.4 725.2 742.2 750.4 769.3
323.6 332.2 329.9 347.2 320.4 328.9 330.9 348.6
Federal
235.7 250.0 242.2 239.3 238.7 249.3 259.4 252.5
National defense
79.5
81.7
71.5
96.1
87.6
107.9
82.2
Nondefense
87.8
402.2 404.8 413.3 419.5 420.7
401.9
State and local
397.6 414.6

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]

43.8
41.2
2.7

836.7
355.7
266.4
89.3
480.9

860.8
367.6
278.4
89.2
493.3

647.7
638.6
461.4
152.2

657.2
650.7
456.7
134.5

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

651.3
651.6
454.4
129.5

629.0
657.4
457.8
127.7

309.2
177.2

322.1
194.0

310.9
180.0

324.5
181.5

309.7
186.3

323.9
192.7

324.9
197.2

330.1
199.7

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

1985

1986r

1985
III

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

1985

1986
IV

I

II

III

IVr

3,998.1 4,206.1 4,030.5 4,087.7 4,149.2 4,175.6 4,240.7 4,258.7
3,987.0 4,199.4 4,027.4 4,090.8 4,105.4 4,161.2 4,245.2 4,285.8

11.1
6.7
3.1
43.8
14.5
271
31
45
1,630.2 1,670.5 1,642.7 1,644.1 1,669.0 1,661.5 1,680.2 1,671.2
1,619.1 1,663.8 1,639.7 1,647.2 1,625.2 1,647.1 1,684.7 1,698.3
11.1
703.5
696.9

6.7
716.8
717.8

3.1
713.3
716.0

31
711.8
702.3

43.8
710.6
682.0

6.6
926.7
922.2

-1.0
953.7
946.0

-2.7
929.4
923.7

9.5
932.3
945.0

28.6
958.4
943.1

14.5
45
271
703.1
730.1
723.5
703.2 745.7 740.4
_ i -15.6 -16.9
958.5 950.1 947.8
943.9 939.0 957.9

14.6
4.5
7.7
5.8 -12.7
15.3
11.1 -10.2
1,959.8 2,105.6 1,971.9 2,025.5 2,057.7 2,087.4 2,125.2 2,152.1
418.1 422.6 426.7 435.3 435.3
408.1
430.0 415.9

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




1986r

1985
III

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
IV

I

II

III

IV

3,585.2 3,674.9 3,603.8 3,622.3 3,655.9 3,661.4 3,686.4 3,696.1
3,576.2 3,668.4 3,603.1 3,627.5 3,616.1 3,646.3 3,686.7 3,724.5
3 -28.5
.7
52
39.9
15.1
9.0
6.6
1,533.2 1,567.1 1,544.2 1,541.7 1,563.6 1,562.8 1,568.0 1,574.1
1,524.2 1,560.5 1,543.6 1,546.9 1,523.7 1,547.6 1,568.3 1,602.6

-5.2

9.0
679.0
673.2

6.6
700.2
701.4

.7
689.4
692.3

691.3
682.8

39.9
688.6
662.6

15.1
687.5
688.3

5.9
854.2
851.1

-1.2
866.9
859.1

-2.9
854.8
851.3

8.4
850.4
864.0

26.0
875.0
861.1

-.7 -14.4
875.2 853.8
859.4 839.7

-.3 -28.5
714.2
710.7
728.6 726.2
155
863.4
876.4

136
7.7
3.5
13.9
15.9
14.1 -13.0
3.2
1,667.6 1,718.6 1,668.7 1,692.1 1,703.0 1,712.0 1,727.2 1,732.2
384.4 389.3 390.9 388.5 389.4 386.6 391.3 389.7

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