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SURVEY OF CURRENT BUSINESS

November 1989

National Income and Product Accounts Tables
Selected NIPA Tables
Revised estimates in this issue: Third quarter 1989, 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 1986-88 is in the July 1989 issue of the SURVEY; estimates for 1985 are in the July 1988 issue; 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

Seasonally adjusted at annual rates

1987

1988

1988
II

III

1987

1989
IV

I

n

II

HI"

Gross national product
4,524.3 4,880.6 4,838.5 4,926.9 5,017.3 5,113.1 5,201.7 5,278.9
Personal consumption expenditures '... 3,010.8 3,235.1 3,204.9 3,263.4 3^24.0 3,381.4 3,444.1 3,513.2
Durable goods
421.0 455.2 454.6 452.5 467.4 466.4 471.0 488.5
Nondurable goods
998.1 1,052.3 1,042.4 1,066.2 1,078.4 1,098.3 1,121.5 1,133.7
Services '
,
1,591.7 1,727.6 1,707.9 1,744.7 1,778.2 1,816.7 1,851.7 1,891.0
Gross private domestic investment
699.9 750.3 748.4 771.1
752.8 769.6 775.0 779.0

1989

1988

1988

III

IV

I

II

HI'

3,853.7 4,024.4 4,010.7 4,042.7 4,069.4 4,106.8 4,132.5 4,160.2

Gross national product

Personal consumption expenditures '... 2,513.7 2,598.4 2,586.8 2,608.1 2,627.7 2,641.0 2,653.7 2,694.1
410.7 420.5 419.3 424.9 438.3
389.6 413.6 414.8
890.4 904.5 899.2 910.3 912.0 915.0 909.7 922.5
1,233.7 1,280.2 1,272.8 1,287.0 1,295.2 1,306.7 1,319.0 1,333.3

Durable goods
Nondurable goods
Services '
Gross private domestic investment

674.0

715.8

713.5

733.6

709.1

721.1

719.8

723.7

719.6
487.2
140.3
346.8
232.4
30.6
34.2
-3.6

719.1
487.1
139.9
347.2
232.1
29.3
30.4
-1.1

726.5
493.2
142.0
351.3
233.2
44.6
41.5
3.1

734.1
495.8
142.5
353.3
238.4
18.7
40.8
-22.2

742.0
503.1
144.7
358.5
238.8
27.7
19.1
8.6

747.6
512.5
142.4
370.1
235.1
27.4
23.6
3.8

752.1
519.3
145.5
373.8
232.8
26.9
19.0
7.9

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Nonfarm

650.3
455.5
122.3
333.2
194.8
23.7
25.8
-2.1

687.9
493.8
122.2
371.6
194.1
27.9
30.7
-2.8

692.0
497.8
122.5
375.3
194.2
21.5
25.4
-4.0

696.1
501.0
123.0
378.0
195.1
37.5
37.2
.3

690.8
492.7
121.4
371.3
198.1
18.3
31.9
-13.6

696.6
501.0
121.1
379.9
195.6
24.5
16.9
7.6

700.7
511.4
118.1
393.2
189.3
19.1
19.5
-.5

702.5
517.2
119.7
397.5
185.2
21.2
15.3
6.0

-112.6

-73.7

-74.9

-66.2

-70.8

-54.0

-50.6

-53.5

Net exports of goods and services '

-115.7

-74.9

-72.6

-74.9

-73.8

-55.0

-51.2

-*3.6

448.6
561.2

547.7
621.3

532.5
607.5

556.8
623.0

579.7
650.5

605.6
659.6

626.1
676.6

623.3
676.8

450.9
566.6

530.1
605.0

519.7
592.3

531.9
606.9

551.4
625.2

569.7
624.6

587.5
638.7

589.8
653.4

926.1

968.9

960.1

958.6 1,011.4 1,016.0 1,033.2 1,040.2

781.8

785.1

783.0

775.9

806.4

799.7

810.3

806.0

381.6
294.8
86.8
544.5

381.3
298.0
83.3
587.6

377.1
298.0
79.1
583.0

367.5
296.1
71.4
591.0

339.6
265.2
74.4
442.1

328.9
261.5
67.4
456.2

327.9
262.5
65.4
455.1

319.8
258.8
61.0
456.1

343.9
261.6
82.3
462.5

335.5
254.4
81.1
464.2

343.6
255.8
87.8
466.7

336.6
260.4
76.1
469.4

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Nonfarm
Farm

670.6
444.3
133.8
310.5
226.4
29.3
30.5
-1.3

Net exports of goods and services '
Exports '
Imports l
Government purchases of goods and
services
Federal
National defense
Nondefense
State and local

406.4
300.5
105.9
604.9

399.0
298.7
100.4
617.0

406.0
301.3
104.7
627.2

403.3
308.2
95.1
636.8

,

Exports '
Imports *
Government purchases of goods and
services
Federal
National defense
Nondefense
State and local

,
,

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.

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]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

1987

1988

1988
II

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

III

1987

1989
IV

I

II

4,524.3 4,880.6 4,838.5 4,926.9 5,017.3 5,113.1 5,201.7 5,278.9
4,495,0 4,850.0 4,809.2 4,882.3 4,998.7 5,085.4 5,174.3 5,252.0
29.3
30.6
29.3
44.6
18.7
27.7
27.4
26.9
1,785.2 1,931.9 1,917.4 1,955.8 1,987.4 2,030.9 2,079.1 2,105.0
1,755.9 1,901.3 1,888.1 1,911.2 1,968.7 2,003.2 2,051.7 2,078.2
29.3
30.6
29.3
44.6
18.7
27.4
27.7
26.9
777.5
755.5
22.1

Gross national product
Final sales
Change in business inventories
Goods

..

....

Final sales
Change in business inventories

III

IV

I

II

IIP

3,853.7 4,024.4 4,010.7 4,042.7 4,069.4 4,106.8 4,132.5 4,160.2
3,830.0 3,996.5 3,989.2 4,005.2 4,051.0 4,082.3 4,113.5 4,139.0
21.2
19.1
27.9
37.5
18.3
24.5
23.7
21.5
1,669.0 1,771.6 1,767.9 1,782.3 1,789.4 1,823.2 1,843.9 1,857.5
1,645.3 1,743.7 1,746.5 1,744.8 1,771.0 1,798.7 1,824.8 1,836.3
21.2
18.3
24.5
37.5
19.1
27.9
21.5
23.7

935.1
931.3
3.8

Durable goods
Final sales
Change in business inventories

790.2
770.6
19.6

883.6
860.9
22.7

882.2
866.8
15.3

900.8
863.4
37.3

900.5
872.4
28.1

902.3
884.2
18.1

913.0
908.0
5.0

935.8
932.7
3.2

1,007.6 1,068.3 1,060.2 1,071.8 1,098.9 1,136.2 1,173.9 1,169.9
1,000.4 1,062.6 1,047.9 1,068.6 1,112.2 1,130.5 1,152.5 1,146.8
7.2
5.6
3.2 -13.3
12.3
21.4
5.7
23.1

Nondurable goods
Final sales
Change in business inventories

878.8
874.7
4.1

888.0
882.8
5.2

885.8
879.7
6.1

881.5
881.4
.1

888.9
898.6
-9.7

920.9
914.5
6.4

930.9
916.8
14.1

921.7
903.6
18.1

863.7
838.6
25.0

857.2
840.2
17.0

884.0
842.6
41.4

888.5
856.5
32.0

894.7
872.8
22.0

905.2
899.2
6.0

2,304.5 2,499.2 2,472.3 2,520.3 2,570.0 2,620.8 2,667.5 2,716.8
434.6 449.5 448.8 450.8 459.9 461.3 455.1 457.1

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




II

II?

1989

1988

1988

Services.
Structures

1,803.7 1,873.5 1,862.5 1,880.8 1,896.7 1,905.1 1,919.9 1,936.2
381.1

379.3

380.2

379.6

383.3

378.5

368.8

366.4

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