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D-2 • National Data

September 1997

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 August 28,1997 and include the "preliminary" estimates for the second quarter
of 1997.
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. Most of the "annual only" NIPA tables were presented in
the August 1997 SURVEY OF CURRENT BUSINESS. Tables 8.20-8.26 are presented in the section "Newly Available
Tables" elsewhere in this issue. The remaining "annual only" tables—tables 3.15-3.20 and 9.1-9.6—are scheduled
to be published in the October SURVEY.
The selected NIPA tables are available electronically on the day of the gross domestic product (GDP) news
release by subscription from STAT-USA'S Eeoiiomic 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 arid Wealth Division (BE-54), Bureau of Economic Analysis, Washington, DC 20230 or call
(202) 606-9700.

National Product and IncomeTable 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

1995

1996

1996

I
Gross domestic product
Personal consumption
expenditures
,
.
Durable goods
,
Nondurable goods
Services
,
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

II

IV

I

4,957.7
608.5
1,475.8
2,873.4

5,207.6
634.5
1,534.7
3,038.4

5,105.8 5,189.1 5,227,4
626.7 638.6 634.5
1,508,1 1,532.3 1,538.3
2,970.9 3,018.2 3,054.6

1,038.2
1,008.1
723,0
200.6

1,116.5
1,090.7
781.4
215,2

1,060.5
1,049.4
760.7
2057

1,105,4
1,082.0
769.3
210.6

522.4 566.2 545,0 558.7
285.1 309.2 298.8 312.7
25.9

1,149.2
1,112.0
798.6
217.7

5,308.1 5,405,7 5,433,2
638.2 658.4 644.5
1,560.1 1,587.4 1,578.2
3,109.8 3,159.9 3,210.4
1,151.1 1,193,6
1,119.2 1,127.5
807.2 811.3
227.0 227.4

580.9 580.2
313.5 312.0

1,242.8
1,161.6
837.6
227.2

583.9 610.5
316.2 324.0

11.1

23.4

37.1

-66.0 -94.8 -83.0
818.4 870.9 850.2
583.9 617.5 606.1
234.6 253.3 244.1
904,5 966.7 933.2
757.5 809.0 778,4
146.9 156.7 154.8

-93.8
865.0
613.9
251.1
958.7
802.9
155.8

-114.0
863,7
609,7
254.0
977.6
820,2
157.6

-88.6 -98.8 -89.3
904.6 922.2 968.7
640.5 656.2 690.3
264.2 266.0 268.4
993.2 1,021.0 1,047.9
634.6 855.8 879.8
158.6 165.2 166.1

1,406,7 1,384,2 1,407.0 1,413.5
520.0 516,4 524^6 521,6
352.8 348,4 357.3 354,8
167.3 168.0 167.3 166.8
886.7 867.8 882.4 891.9

1,422.3 1,433,1 1,448.5

30.1

1,355.5
509.6
344.6
166.0
846.0

31.9

517.6
350.6
167.0
904.7

66.1

I

81.2

516.1 526.2
343.3 350.6
172.8 175.6
917.0 922.3

Gross domestic product
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
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

1997

1996

1996

II

7,265.4 7,636.0 7,467,5 7,607,7 7,676.0 7,792.9 7,933.6 8,035.2

NoiE.-Percent changes from preceding period for Selected items in this table are shown in table 8.1.




1995

1997
III

II

III

IV

I

II

6,742.1 6,928.4 6,826.4 6,926.0 69438 7,017.4 7,101.6 7,165.1
4,595,3
583.6
1,412.6
2,599.6

4,714.1 4,669.4
611.1 600.7
1,432.3 1,422.5
2,671.0 2,646.5

4,712.2
614.8
1,431.6
2,666.5

4,718.2
611.9
1,433.9
2,672.8

4,756.4
617.1
1,441.2
2,698.2

991,5 1,069.1 1,012.2 1,059.2 1,100.3 1,104.8
962.1 1,041.7 1,001.5 1,035.7 1,060.9 1,068.7
706.5 771.7 736.9 759.7 789.3 800.8
179.9 188.7 182.1 185.6 190.0 196.9

4,818.1 4,830.0
637.8 629.0
1,457.8 1,449.5
2,723.9 2,750.9
1,149.2
1,079.0
808.9
195.9

1,198.9
1,112.6
838.5
193.9

528.3 586.0 557.4 577.1 602.9 606.7 616.6 650.4
257.0 272.1 266.1 277.2 274.1 271.1 273.3 278.0
27.3

25.0

8.0

21.3

37.9

32.9

63.7

77.7

-98,8
791.2
573.9
218.0
890.1
749.2
141.2

-114.4
857.0
628.4
229.9
971.5
823.1
149.0

-100.8
828.2
605.2
224.0
929.0
781.4
147.8

-112.6
847.4
619.2
229.3
960.0
811.7
148.8

-138.9
851.4
623.0
229.4
990.2
841.7
149.3

-105.6
901.1
666.2
236.8
1,006.6
857.5
150.0

-126.3
922.7
686.2
238.9
1,048.9
891.3
158.4

-132.7
965.0
729.9
239.5
1,097.7
937.7
161.3

1,251.9 1,257.9 1,243.2 1,265.1 1,261.5 1,261.8 1,260.5
470.3 464.2 460.9 470.7 465.7 459.6 452.8
322.6 317.8 314.9 323.2 319.4 313.6 303.9
147.5 146.1 145.7 147.2 146.0 145.7 148.5
781.6 793.7 782.4 794.4 795.9 802.3 807.7
.1
-.9 -2.4 -3.8 -2.9
.6 -1.6

1,270.0
460.4
309.5
150.4
809.7
•^.3

NoiE.-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.
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.

September 1997

National Data • D-3

SURVEY OF CURRENT BUSINESS

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

Seasonally adjusted at annual rates

1995

1996

1996

I
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

II

1995

1997

III

IV

7,235.3 7,610.2 7,456.4 7,584.3 7,638.9 7,761.0 7,867.4 7,954.0
30.1

25.9

11.1

23.4

37.1

31.9

81.2

66.1

2,667.9 2,785.2 2,733.2 2,782.7 2,797.8 2,826.9 2,904.6 2,937.1
2,637.8 2,759.3 2,722.1 2,759.3 2,760.7 2,795.0 2,838.4 2,855.8
30.1

25.9

11.1

23.4

37.1

31.9

81.2

66.1

1,163.0 1,228.9 1,200.6 1,232.9 1,249.5 1,232.4 1,279.8 1,323.0
1,133.9 1,212.0 1,183.4 1,214.8 1,216.3 1,233.5 1,248.0 1,276.0
29.1

16.9

17,2

18.1

33.3

-1.1

47.0

31.8

1,504.9 1,556.3 1,532.6 1,549.9 1,548.3 1,594.5 1,624.7 1,614.1
1,503.9 1,547.3 1,538.7 1,544.5 1,544.4 1,561.5 1,590.4 1,579.8
1.0
34.2
-6.2
5.3
9.0
3.9
33.0
34.3
3,980.7 4,187.3 4,096.2 4,162.2 4,208.1 4,282.7 4,338.2 4,400.4
616.8 6616
638.1 662.8 670.1 683.3 690.8 697.8

273.5

271.4

256.1

283.5

278.7

267.2

281.4

I

II

I

7,265.4 7,636.0 7,467.5 7,607.7 7,676.0 7,792.9 7,933.6 8,035.2

272.2

6,991.9 7,364.7 7,211.5 7,324.2 7,397.3 7,525.8 7,652.2 7,763.0

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

1996

1996

II

1997

III

IV

II

I

6,742.1 6,928.4 6,826.4 6,926.0 6,943.8 7,017.4 7,101.6 7,165.1

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

6,712.7 6,901.0 6,815.0 6,902.3 6,905.0 6,981.7 7,034.1 7,082.7

77.7
8.0 21.3
37.9
32.9
63.7
3.4
2.4
4.7
.9
2.8
3.8
2,574.2 2,662.6 2,614.6 2,658.8 2,673.1 2,704.1 2,769.3 2,802.0
2,545.0 2,635.5 2,604.1 2,635.5 2,634.0 2,668.4 2,699.6 2,716.6
27.3

2.1

25.0

2.4

77J
37.9
32.9
63.7
27.3
8.0 21.3
25.0
1,152.3 1,222.1 1,188.7 1,227.3 1,244.0 1,228.5 1,277.0 1,328.8
1,124.3 1,205.8 1,171.9 1,210.0 1,211.4 1,230.1 1,245.8 1,282.5
17.0
27.3
16.3
31.3
-.9 29.9
44.0
15.9
1,423.4 1,443.7 1,428.4 1,435.1 1,433.5 1,477.9 1,496.1 1,480.0
1,421.9 1,433.2 1,434.5 1,429.3 1,426.5 1,442.6 1,458.3 1,441.0
33.8
33.7
-8.3
4.3
6.6
33.8
9.1
r.2
3,614.7 3,686.6 3,648.4 3,684.9 3,689.0 3,723.9 3,743.9 3,774.8
555.0 582.2 565.7 584.9 585.0 592.9 595.1 595.7
-4.4
-2.1
-5.0
-5.2
-4.4
-.9
-6.0
-6.6
247.5

241.3

229.0

252.8

246.8

236.5

247.5

242.1

6,494.3 6,687.1 6,597.5 6,672.9 6,696.8 6,781.0 6,854.1 6,923.0

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 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, Real 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

7,265.4 7,636.0 7,487.5 7,607.7 7,676.0 7,792.9 7,933.6 8,035.2
958.7

818.4

870.9

850.2

865.0

863.7

904.6

904.5

965.7

933.2

958.7

977.6

993.2 1,021.0 1,047.9

922.2

7,351.4 7,730.9 7,550.5 7,701.5 7,790.0 7,881.5 8,032.4 8,124.5
30.1

25.9

11.1

23.4

37.1

31.9

66.1

81.2

7,321.3 7,705.0 7,539.5 7,678.1 7,752.8 7,849.6 7,966.3 8,043.3

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

6,742.1 6,928.4 6,826.4 6,926.0 6,943.8 7,017.4 7,101.6 7,165.1
922.7

791.2

857.0

828.2

847.4

851.4

890.1

971.5

929.0

960.0

990.2 1,006.6 1,048.9 1,097.7

901.1

965.0

6,837.5 7,037.7 6,923.2 7,033.6 7,075.3 7,118.4 7,220.9 7,288.9
27.3

25.0

8.0

21.3

37.9

32.9

63.7

77.7

6,808.1 7,010.2 6,911.8 7,009.9 7,036.4 7,082.7 7,153.1 7,206.3

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.

NOTE.—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

Table 1.8.—Real Gross Domestic Product by Sector

[Billions of dollars]

[Billions of chained (1992) dollars]

Gross domestic product
Business 1
Nonfarm l
Nonfarm less housing
Housing
Farm
Households and institutions ...
Private households
Nonprofit institutions
General government2
Federal
State and local

7,265.4 7,636.0 7,467.5
6,074.7 6,401.0 6,249.0
6,001.3 6,311.6 6,165.6
5,372.0 5,652.8 5,520.5
629.2 658.8 645.1

7,607.7 7,676.0 7,792.9
6,377.7 6,434.2 6,543.1
6,289.2 6,341.7 6,450.0
5,636.3 5,677.3 5,777.1
652.8 664.4 673.0

7,933.6 8,035.2
6,666.5 6,756.0
6,573.1 6,658.5
5,892.5 5,971 .7
680.6 686.8

73.5

89.4

83.4

88.6

92.5

93.0

93.4

331.8

346.0

340.3

343.9

347.9

352.0

357.7

11.8

11.5

11.8

11.6

11.4

11.1

11.1

319.9

334.6

328.5

332.3

336.6

341.0

858.9

889.0
281.4
607.6

878.3
280.5
597.8

886.1

893.9
282.1
611.8

897.8
281.1
616.7

346.6
909.4
286.2
623.3

275.5
583.4

281.9
604.2

97.4
363.5
11.3
352.3
915.7
286.1
629.6

1. Gross domestic business product equals gross domestic product less gross product of households ar H inctitn.
tions and of general government. Nonfarm product equals gross domestic business product less gross farm
9 Fniials rnmnensfltinn nf nanAral nnvArnment Amnlnvaps nlns nanaral nnuernmont rnnsumntinn nf fi«tfPnanitei
as shown in table 3.7.




Gross domestic product
Business 1
Nonfarm1
Nonfarm less housing
Housing
Farm
Households and institutions ...
Private households
Nonprofit institutions
General government2
Federal
State and local
Residual
1

6,742.1
5,657.4
5,582.7
5,005.7
577.0

6,928.4
5,842.9
5,766.8
5,181.4
585.7

6,826.4
5,750.2
5,673.0
5,093.9
579.3

6,926.0
5,838.1
5,761.3
5,179.0
582.6

6,943.8
5,854.9
5,779.8
5,191.3
588.7

74.2

75.5

76.6

76.2

74.6

305.1

311.2

307.6

310.4

312.5

10.8

10.1

294.3 301.1
780.3 775.9
248.1 240.9
532.2 535.2
-.2 -1.5

10.5

10.3

10.0

297.1
769.9
240.5
529.6

300.1
778.9
242.8
536.3

302.5
778.1
241.3
537.0

-1.1

-1.3

-1.6

7,017.4
5,928.5
5,853.3
5,261.3
592.3
74.7

7,101.6
6,009.6
5,929.7
5,335.3
594.9
79.0

7,165.1
6,070.1
5,988.5
5,393.6
595.6
80.6

314.4 316.9 319.1
9.6
9.6
9.6
304.8 307.4 309.5
776.6 777.7 778.8
238.9 238.2 237.1
537.9 539.9 542.1
-2.1

-2.7

-3.0

- 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 3.8.
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.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102