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D-2 • National Data January 195)7 SURVEY OF CURRENT BUSINESS National Data A. Selected NIPA Tables The tables in this section include the most recent estimates of gross domestic product and its components; these estimates were released on December 20, 1996 and include estimates for the third quarter of 1996 that are "final." The selected set of NIPA tables shown in this section presents quarterly estimates, which are updated monthly. In most tables, the annual estimates are also shown. (Some of the lines in tables 1.10 and 1.16 are not yet available and are shown as leaders; they will be shown in a forthcoming issue.) These tables are available electronically on the day of the gross domestic product (GDP) news release by subscription from STAT-USA'S Economic Bulletin Board and Internet services; for information, call (202) 482-1986. The tables are also available on printouts or diskettes; for subscription information, write to the National Income and Wealth Division (81-54), Bureau of Economic Analysis, Washington, DC 20230 or call (202) 606-9700. For a guide to which issues of the SURVEY contain the complete set of NIPA tables for the period 1991-96, see the headnote and list of tables that appeared on pages 15-17 of the August 1996 issue. NOTE.—The "Selected NIPA Tables" are prepared by the National Income and Wealth Division and the Government Division. i. National Product and Income. Table 1.1.—Gross Domestic Product Table 1.2.—Real Gross Domestic Product [Billions of dollars] [Billions of chained (1992) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1994 1995 1995 II Gross domestic product III 1994 1996 IV I II 6,935.7 7,253.8 7,204.9 7,309.8 7,350.6 7,426.8 7,545.1 7,616.3 Federal National defense Nondefense State and local II III 6,608.7 6,742.9 6,713.5 6,776.4 6,780.7 6,814.3 6,892.6 6,928.4 4,473.2 4,577.8 4,569.9 4,597.3 4,609.4 4,649.1 4,687.6 4,693.5 Durable goods Nondurable goods Services 611.6 562.0 579.8 576.2 589.1 587.5 599.2 615.6 1,390.5 1,421.9 1,422.9 1,424.7 1,423.2 1,436.1 1,440.9 1,442.2 2,521.4 2,577.0 2,571.6 2,584.6 2,599.3 2,614.7 2,632.3 2,640.6 954.9 1,028.2 1,016.3 1,036.6 1,046.2 1,070.7 1,088.0 1,119.6 667.2 738.5 734.4 746.3 749.7 769.0 773.8 807.0 180.2 199.7 197.6 202.5 204.0 208.4 207.4 213.5 487.0 287.7 538.8 289.8 536.8 281.9 543.8 290.3 545.7 296.5 560.6 301.7 59.5 37.0 34.0 38.2 17.8 -1.7 566.3 314.2 8.0 593.5 312.6 36.6 -94.4 -94.7 -115.3 -87.6 -67.2 -86.3 -99.2 -120.2 719.1 509.1 210.1 813.5 677.0 136.4 807.4 581.4 225.9 902.0 757.0 145.1 797.3 575.2 222.2 912.6 767.3 145.3 819.0 587.0 232.1 906.6 759.7 146.9 837.0 604.5 232.5 904.2 759.0 145.2 839.5 603.6 235.9 925.8 776.7 149.2 850.0 610.4 239.7 949.2 798.2 151.0 844.3 605.4 239.0 964.5 812.1 152.5 1,314.7 1,358.3 1,359.4 1,364.6 1,363.4 1,383.7 1,408.8 1,414.8 516.4 352.0 164.3 798.4 516.6 345.5 171.0 841.7 522.0 351.7 170.3 837.3 516.8 345.7 171.1 847.7 507.7 337.1 170.6 855.7 518.6 343.9 174.7 865.1 529.6 353.7 175.8 879.2 NOTE-Percent changes from preceding period for selected items in this table are shown in table 8.1. I 580.9 606.4 604.0 615.8 612.8 625.2 637.6 630.5 1,429.7 1,485.9 1,486.7 1,491.2 1,494.2 1,522.1 1,544.7 1,546.5 2,690.3 2,832.6 2,819.8 2,850.9 2,883.5 2,913.2 2,957.1 2,988.5 1,014.4 1,065.3 1,050.3 1,074.8 1,064.0 1,068.9 1,096.0 1,156.2 Government consumption expenditures and gross investment IV III 4,700.9 4,924.9 4,910.5 4,957.9 4,990.5 5,060.5 5,139.4 5,165.4 Gross private domestic investment Exports Goods Services Imports Goods Services Gross domestic product 1996 Personal consumption expenditures Durable goods Nondurable goods Services Net exports of goods and services II III Personal consumption expenditures Fixed investment Nonresidential Structures Producers' durable equipment Residential . . Change in business inventories 1995 1995 525.5 348.8 176.7 889.3 Gross private domestic Investment Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local Residual 979.6 1,010.2 996.8 1,015.2 1,004.9 1,011.9 1,038.6 1,093.4 921.1 652.1 168.8 975.9 714.3 181.1 965.7 710.5 180.0 980.0 719.0 182.8 988.5 1,013.3 1,031.1 1,057.5 723.3 743.5 750.5 781.4 183.2 186.6 184.9 138.6 484.1 268.9 534.5 262.8 531.7 256.5 537.4 262.2 541.4 266.3 58.9 33.1 30.5 33.0 14.6 -105.7 -107.6 -121.4 -101.6 712.0 511.5 200.9 817.6 6841 133.8 775.4 565.9 210.4 883.0 7447 138.8 763.2 557.7 206.4 884.6 7477 137.4 783.0 568.2 215.4 884.5 7456 139.4 558.3 271.1 *.-*& 567.5 281.5 7.1 595.0 277.8 34.5 -84.9 -104.0 -114.7 -137.4 803.1 588.8 215.3 888.0 7500 138.5 806.7 590.9 216.7 910.7 7684 142.8 817.9 600.6 218.3 932.6 789.9 143.2 816.1 601.1 216.1 953.5 810.0 144.1 1,260.0 1,260.2 1,265.1 1,263.4 1,249.6 1,254.7 1,278.2 1,276.1 489.8 337.0 152.6 770.5 472.3 319.6 152.3 788.6 479.4 325.5 153.5 786.3 472.5 319.1 153.1 791.5 456.2 308.8 147.0 794.4 462.9 311.9 150.6 792.6 -5 -.6 -.2 •3 -.6 A — .£ 473.4 469.3 319.4 153.7 314.9 153.9 805.5 807.7 -1.6 -1.5 Norn-Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dotlar estimates are usually not additive. The residual line e the difference between the first line and the sum of the most detailed lines. Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to the percent change in real gross domestic product are shown in table 8.2. National Data • D-3 SURVEY OF CURRENT BUSINESS January 1997 Table 1,3.—Gross Domestic Product by Major Type of Product Table 1.4.—Real Gross Domestic Product by Major Type of Product [Billions of dollars] [Billions of chained (1992) dollars] Seasonally adjusted at annual rates 1994 1995 ,1995 II Gross domestic product Final sales of domestic product .. . 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 Addenda: Motor vehicle output Gross domestic product less motor vehicle output III Seasonally adjusted at annual rates 1994 1996 IV I II 6,876.2 7,216.7 7,170.9 7,271.5 7,332.8 7,428.6 7,537.1 7,579.6 34.0 38.2 17.8 -1.7 36.6 59.5 37.0 8.0 2,593.9 2,699.2 2,680.2 2,727.0 2,715.8 2,747.5 2,790.1 2,821.6 2,534.4 2,662.2 2,646.2 2,688.8 2,698.0 2,749.3 2,782.0 2,785.0 38.2 17.8 59.5 37.0 34.0 -1.7 8.0 36.6 1,118.0 1,182.1 1,167.1 1,196.4 1,193.6 1,204.4 1,229.1 1,260.1 1,086.1 1,147.3 1,138.6 1,167.2 1,166.4 1,192.1 1,219.1 1,225.5 34.7 29.2 31.9 34.8 28.5 27.3 9.9 12.3 1,475.9 1,517.1 1,513.1 1,530.6 1,522.2 1,543.1 1,561.0 1,561.5 1,448.3 1,514.9 1,507.7 1,521.6 1,531.7 1,557.1 1,562.9 1,559.5 5.4 -9.4 27.6 2.2 -1.9 2.0 9.1 -14.0 3,746.5 3,926.9 3,908.9 3,950.2 3,992.4 4,027.9 4,087.0 4,122.0 500.3 627.6 615.7 632.6 642.3 651.4 668.0 672.6 264.9 262.4 258.4 259.6 263.1 242.6 270.6 II III 6,935.7 7,253.8 7,204.9 7,309.8 7,350.6 7,426.8 7,545.1 7,616.3 269.7 6,670.9 6,991.3 6,946.5 7,050.1 7,087.5 7,184.2 7,274.5 7,346.6 NOTE.-Percent changes from preceding period for selected items in this table are shown in table 8.1. 1995 1995 Gross domestic product Final sales of domestic product Change in business inventories Residual 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 Residual Addenda: Motor vehicle output Gross domestic product less motor vehicle output III 1996 IV I II III 6,608.7 6,742.9 6,713.5 6,776.4 6,780.7 6,814.3 6,892.6 6,928.4 6,550.7 6,708.9 6,682.4 6,741.4 6,764.2 6,815.2 6,884.7 6,892.7 7.1 34.5 14.6 ^.0 33.0 30.5 33.1 1.2 2.1 .8 1.9 2.0 .6 -.9 .9 2,524.3 2,589.2 2,573.0 2,610.2 2,597.5 2,615.7 2,647.1 2,682.1 2,465.6 2,555.1 2,542.0 2,575.0 2,581.5 2,617.6 2,640.0 2,646.2 58.9 7.1 34.5 14.6 -3.0 58.9 33.0 30.5 33.1 1,099.3 1,157.4 1,142.6 1,170.6 1,169.1 1,177.9 1,205.0 1,240.2 1,068.1 1,124.1 1,115.4 1,142.9 1,143.0 1,166.3 1,196.4 1,206.9 9.3 33.0 25.8 11.8 27.0 26.7 30.6 32.8 1,425.4 1,433.1 1,431.4 1,441.0 1,430.0 1,439.3 1,444.1 1,444.5 1,397.8 1,431.8 1,427.3 1,433.2 1,439.4 1,452.6 1,445.7 1,441.7 -2.2 1.5 5.8 -11.4 -14.7 3.6 28.2 .2 3,526.1 3,583.9 3,579.0 3,595.1 3,605.6 3,614.2 3,648.8 3,652.0 559.8 571.8 563.4 573.7 579.4 586.4 598.8 597.5 -1.9 -1.7 -1.9 -1.3 -1.1 -2.3 -4.2 -4.2 245.1 235.1 231.7 232.1 233.6 215.4 238.2 236.2 6,363.3 6,507.9 6,481.9 6,544.6 6,547.3 6,599.7 6,654.5 6,692.4 NoTE.-Chained (1992) dollar series are calculated as the r. „ , . current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line following change in business inventories is the difference between gross domestic product and the sum of final sales of domestic product and of change in business inventories; the residual line following structures is the difference between gross domestic product and the sum of the detailed lines of goods, of services, and of structures. Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.5.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.6.—Relation of Real Gross Domestic Product, Reai Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Billions of dollars] [Billions of chained (1992) dollars] Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases Less: Change in business inventories .... Equals: Final sales to domestic purchasers 6,935.7 7,253.8 7,204.9 7,309.8 7,350.6 7,426.8 7,545.1 7,616.3 719.1 813.5 807.4 902.0 797.3 912.6 819.0 906.6 837.0 904.2 839.5 925.8 850.0 949.2 844.3 964.5 7,030.1 7,348.4 7,320.2 7,397.3 7,417.8 7,513.2 7,644.3 7,736.5 59.5 37.0 34.0 38.2 17.8 -1.7 8.0 36.6 6,970.6 7,311.4 7,286.2 7,359.1 7,400.0 7,514.9 7,636.2 7,699.8 NOTE.-Percent changes from preceding period for selected items in this table are shown in table 8.1. Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases Less: Change in business inventories Equals: Final sales to domestic purchasers 6,608.7 6,742.9 6,713.5 6,778.4 6,780.7 6,814.3 6,892.6 6,928.4 712.0 817.6 775.4 763.2 783.0 803.1 806.7 817.9 816.1 883.0 884.6 884.5 888.0 910.7 932.6 953.5 6,711.8 6,847.1 6,830.9 6,874.8 6,862.9 6,914.6 7,003.0 7,060.7 58.9 33.1 30.5 33.0 14.6 -6.0 Table 1.8.—Real Gross Domestic Product by Sector [Billions of dollars] [Billions of chained (1992) dollars] 6,935.7 7,253.8 7,204.9 7,309.8 7,350.6 7,426.8 7,545.1 5,798.4 6,078.2 6,033.1 6,129.6 6,162.1 6,226.3 6,334.6 7,616.3 6,394.2 5,716.1 5,999.6 5,956.3 6,051.0 6,079.8 6,137.3 6,237.0 6,290.3 " * ' 54969 5,591.6 5,634.9 5,123.0 5,375.0 5,335.8 5,425.9 5,440.4 593.1 624.6 620.5 625.1 639.4 640.4 645.4 655.4 82.3 78.6 82.2 76.8 78.6 97.6 103.9 310.3 323.0 321.3 324.3 329.6 333.5 338.3 343.2 10.8 11.1 11.0 11.2 11.3 11.5 11.6 11.8 299.5 311.8 313.1 318.2 322.0 326.7 331.4 827.0 275.7 551.4 852.6 310.3 850.4 855.9 859.0 867.0 872.2 878.9 278.2 574.4 278.9 571.6 278.8 577.1 276.8 582.2 279.0 588.0 277.8 594.4 276.6 602.3 1. Gross domestic business product equals gross domestic product less gross product of households and institutions and of general government. Nonfarm product equals gross domestic business product less gross farm product. 2. Equals compensation of general government employees plus general government consumption of fixed capital as shown in table 3.7E. 34.5 NOTE.-Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.7.—Gross Domestic Product by Sector Gross domestic product BusinessJ Nonfarm1 Nonfarm less housing Housing Farm Households and institutions ... Private households Nonprofit institutions General government2 Federal State and local 7.1 6,653.7 6,813.0 6,799.9 6,839.7 6,846.4 6,915.5 6,995.2 7,024.9 Gross domestic product 6,608.7 6,742.9 6,713.5 6,776.4 6,780.7 6,814.3 6,892.6 6,928.4 Business! 5,530.3 5,663.4 5,632.7 5,694.1 5,705.7 5,741.6 5,807.3 5,841.2 Nonfarml 5,446.75,587.25,556.1 5,620.2 5,630.0 5,662.4 5,724.5 5,754.3 Nonfarm less housing 4,885.3 5,013.4 4,984.3 5,046.7 5,049.4 5,085.1 5,146.2 5,170.8 Housing 561.3 573.8 571.7 573.6 580.7 577.4 578.6 583.7 Farm 76.4 79.1 82.8 87.1 83.9 73.5 75.3 76.0 Households and institutions ... 296.2 302.5 301.6 303.1 305.0 305.5 308.4 310.1 10.2 10.2 10.3 10.3 10.3 Private households 10.1 10.2 10.1 286.0 292.3 291.5 292.9 294.8 295.3 298.1 Nonprofit institutions 782.4 777.5 779.6 779.7 770.8 768.0 777.7 778.1 General government2 256.8 246.4 249.1 247.7 238.6 238.7 240.4 239.0 Federal State and local 525.8 531.7 530.9 532.5 533.0 530.0 538.1 539.9 Residual -.6 -.7 -1.9 -2.2 -.8 -.5 -1.3 -1.6 1. Gross domestic business product equals gross domestic product less gross product of households and institutions and of general government. Nonfarm product equals gross domestic business product less gross farm product. 2. Equals compensation of general government employees plus general government consumption of fixed capital as shown in table 3.8B. NOTE.-Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines.
@FedFRASER