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10

SURVEY OF CURRENT BUSINESS

April 1989

National Income and Product Accounts Tables
Selected NIPA Tables
New estimates in this issue: First quarter 1989; for corporate profits and releated items, fourth quarter and annual 1988, revised.
The selected set of 54 national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are
updated monthly. (In most of these tables, annual estimates are also shown.) The full set of 132 tables usually shown in July presents annual
NIPA revisions. For more information on the presentation of the estimates, see "National Income and Product Accounts Estimates: When They
are Released, Where They Are Available, and How They Are Presented" in the July 1988 SURVEY.
The full set of estimates for 1985-87 is in the July 1988 issue of the SURVEY; estimates for 1984 are in the July 1987 issue; estimates for 1983
are in the July 1986 issue. Estimates for 1929-82 are in National Income and Product Accounts, 1929-82: Statistical Tables (GPO Stock No.
003-010-00174-7, price $23.00). These publications are available from the Superintendent of Documents; see address on inside front cover.
The full set of NIPA tables is available on diskette for $200 per year (12 updates, for the quarterly estimates prepared each month). 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

1987

1988

1987

rv

1988
I

n

Seasonally adjusted at annual rates
1989

m

rv

1987

4,526.7 4,864.3 4,662.8 4,724.5 4,823.8 4,909.0 4,999.7 5,116.8
Personal consumption expenditures... 3,012.1 3,227.5 3,076.3 3,128.1 3,194.6 3,261.2 3,326.4 3,380.4

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

421.9 451.1 422.0 437.8 449.8 452.9 464.0 461.5
997.9 1,0469 1,0124 1,016.2 1,036,6 1,0608 1,073.9 1 093 7
1,5923 1,729.6 1^641.9 1^674 1 1708.2 U47.5 1J88!5 U253
712.9 766.5 764.9 763.4 758.1 772.5 772.0 815.9
673.7 718.1 692.9 698.1 714.4 722 8 737 2 754 2
4468 488.4 464 1 471.5 487.8 4937 500 6 516 5
139.5 1428 147J 140.1
142.3 H3.8 145.0
149.4
307.3 3456 316.3 331.3 3455 349.9 3556 3670
2269 2297 228.8 2266 226.5 229 1 2366 237 7
392
48.4
72^0
653
43.7
49J
347
61.8
407
42.2
728
49.4
33.1
41 9
44.6
43.3
-15
61
-.8
15.9
10.6
78
-9.8
18.5
-123.0 -94.6 -125.7 -112.1 -90.4
-80.0 -96.1
-90.5

428.0
551.1

Government purchases of goods and
services
Federal
National defense
Nondefense
State and local

519.7
614.4

459.7
5854

487.8
599.9

5071
597.5

536.1
616.0

5480
6440

924.7

964.9

9473

945.2

961.6

955.3

997.5 1 010.9

3820
295.3
86.7
542.8

381 0
298.4
82.6
583.9

391.4
299.2
92.2
555.9

377.7
2984
79.3
567.5

382.2
298^8
83.4
579.4

367.7
2943
73.4
587.6

3963
301.9
94.3
601.2

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

1988
I

1989

ai

II

IV

1

3,847.0 3,996.1 3,923.0 3,956.1 3,985.2 4,009.4 4,033.4 4,088.2
Personal consumption expenditures. . 2,521.0 2,592.2 2,531.7 2,559.8 2,579.9 2,603.8 2,626.2 2,634.8
390.9 409.7 387.6 401.1 410.6 410.4 416.5
413.1
890.5 8996 8905 892.7 893.6 904.5 907.4 911.8
1,2395 1,283 0 1,253.6 1,265.9 1,274.8 1,288.9 1,302.2 1,309.9
Gross private domestic investment... .
Fixed investment
Nonresidential
Producers' durable equipment.. .
Change m business inventories

Net exports of goods and services

674.8

721.8

724.7

728.9

715.1

726.1

717.1

751.4

6404
445.1
1255
3196
195.2
344
36.9
-2.5

679.3
487.5
125.1
362.4
191.8
42.5
400
2.5

657.6
464.8
132.1
332.7
192.7
67.1
682
-1.1

662.9
473.4
124.0
3494
189.5
66.0
51.9
14.1

679.7
490.2
125.0
365.1
189.6
35.3
30.1
5.3

686.6
495.0
125.8
369.2
191.6
39.5
40.4
-.8

688.0
491.4
125.5
365.9
196.6
29.1
37.6
-8.5

697.6
502.8
127.9
374.9
194.8
538
41.1
12.6

-105.4

-95.6

-128.9 -100.2 -126.0 -109.0

Government purchases of goods and
services
Federal

.

-92.6

-93.9

4278
556.7

5703
660.8

3948
298J
96.1
616.1

1987

rv

I

Gross national product

Durable goods
Nondurable goods
Services

1988

504.8
6050

459.2
585.2

486.2
5951

4969
589.5

5140
607.9

522.1
627.4

535.4
631.0

780.2

782.3

792.6

776.4

783.8

773.5

795.5

797.7

339.0
264.9
74.1
441.2

328.7
261.8
66.9
4536

3477
268.2
795
444.9

327.8
264.6
632
448.7

331.6
263.6
67.9
452.2

3201
256.4
63.7
453.4

335.5
262.5
72.9
460.0

333.2
255.9
773
464.5

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

1987

1988

IV

Gross national product
Change in business inventories
Goods

I

II

Seasonally adjusted at annual rates
1989

1988

1987

HI

IV

1987

I

4,526.7 4,864.3 4,662.8 4,724.5 4,823.8 4,909.0 4,999.7 5,116.8
4,487.5 4,815.9 4,590.7 4,659.2 4,780.1 4,859.3 4,965.0 5,055.0
61.8
43.7
34.7
39.2
48.4
72.0
65.3
49.7

Change in business inventories

9033
860.4
42.9

Durable goods —
Final sales
Change in business inventories

p. . .
Change m business inventories

808.7
758.2
50.5

819.3
792.7
26.6

849.5
831.6
17.8

881.6
836.4
451

8827
8486
34.1

1,016.2 1,080.4 1,040.7 1,060.1 1,078.5 1,078.5 1,1044 1,146.2
1,003.6 1.063.0 1,019 I 1,021.5 1,052.7 1,0740 1,1038 1,127.4
4.6
.6
18.8
12.6
21.6
386
25.9
17.4
2,295.7 2,477.9 2,363.9 2,405.2 2,451.5 2,501.6 2,553.5 2,600.7

Structures

438.4

447.6

449.5

439.9

444.3

447.3

459.1

466.6

NOTE—Percent changes from preceding penod for selected items in this table are shown in table 81.




II

1989
III

rv

I

3,812.6 3,953.6 3,855.9 3,890 1 3,949.9 3,969.9 4,004.4 4,034.5
34.4
42.5
671
660
39.5
35.3
29.1
53.8
1,663.3 1,762.3 1,713.9 1,748.1 1,762.4 1,768.9 1,769.6 1,819.4

Change in business inventories

858.3
827.3
30.9

1988
I

3,847.0 3,996.1 3,923.0 3,956.1 3,985.2 4,009.4 4,033.4 4,088.2

1,792.5 1,938.7 1,849.3 1,879.5 1,928.0 1,960.1 1,987.1 2,049.6

776.3
749.7
26.6

1987
IV

1,753.3 1,890 3 1,777 3 1,814.2 1,884.3 1,9104 1,9524 1,987.8
43.7
49.7
34.7
61.8
39.2
48.4
72.0
65.3
Change in business inventories. .. .
Final sales
Change in business inventories

1988

Change in business inventories, ..

1,628.9 1,719 8 1,646.8 1,682.2 1,727.1 1,729.4 1,740.6 1,765.6
34.4
425
67.1
660
39.5
35.3
29.1
53.8
7746
750.7
23.9

8648
837.3
27.5

812.7
7672
455

832.5
809.0
23.5

8617
S45.8
15.9

8850
844.6
40.4

879.8
849.7
30.1

8909
854.1
36.8

888 8
878.2
10.5

897.5
882.5
15.0

901.2
879.6
21.6

915.6
873.2
42.4

9007
881.3
194

884.0
884.9
-9

889.8
890.8
-1.0

9285
9114
17.0

1,801.1 1,855.4 1,822.3 1,833.4 1,846.1 1,862.8 1,879.2 1,882.7
382.6

378.4

386.7

374.6

376.7

377.7

384.6

386.1

NOTE.—Percent changes from preceding penod 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