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SURVEY OF CURRENT BUSINESS February 1990 National Income and Product Accounts Tables Selected NIPA Tables New estimates in this issue: Fourth quarter 1989. 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 1988 m Seasonally adjusted at annual rates 1989 1988 1989' IV I II 1988 III IV Durable goods Nondurable goods Services l " HI .. 4,880.6 5,233.3 4,926.9 5,017.3 5,113.1 5,201.7 5,281.0 5,337.6 Gross national product Personal consumption expenditures "... 3,235.1 3,470.8 3,263.4 3,324.0 3,381.4 3,444.1 3,508.1 3349.3 469.1 455.2 473,1 452.5 467.4 466.4 471.0 486.1 1,052.3 1,123.5 1,066.2 1,078.4 1,098.3 1,121.5 1,131.4 1,142.8 1,727.6 1,874.1 1,744.7 1,778.2 1,816.7 1,851.7 1,890.6 1,937.4 i» 1988 1989' 1989 IV I m II IV 4,024.4 4,143.7 4,042.7 4,069.4 4,106.8 4,132.5 4,162.9 4,172.4 Gross national product Personal consumption expenditures '... 2,598.4 2,669.4 2,608.1 2,627.7 2,641.0 2,653.7 2,690.1 2,692.6 Durable goods Nondurable goods Services ' , , . .. 413.6 425.2 410.7 420.5 419.3 424.9 436.4 420.0 904.5 916.8 910.3 912.0 915.0 909.7 920.8 921.6 1,280.2 1,327.4 1,287.0 1,295.2 1,306.7 1,319.0 1,332.9 1,351.1 Gross private domestic investment 750.3 774.3 771.1 752.8 769.6 775.0 779.1 773.6 Gross private domestic investment 715.8 721.4 733.6 709.1 721.1 719.8 724.6 720.0 Fixed investment Nomesidential Structures .. Producers' durable equipment Residential Change in business inventories Nonfarm 719.6 487.2 140.3 346.8 232.4 30.6 34.2 -3.6 746.3 511.6 145.0 366.6 234.7 28.0 23.1 4.9 726.5 493.2 142.0 351.3 233.2 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 3.8 751.7 519.6 146.2 373.4 232.1 27.4 19.8 7.5 744.0 511.2 146.6 364.6 232.8 29.5 30.0 -.4 Fixed investment Nonresidential , Structures Producers' durable equipment Residential Change in business inventories Nonfarm . Farm 687.9 493.8 122.2 371.6 194.1 27.9 30.7 -2.8 698.5 509.9 120.0 389.9 188.6 22.9 18.7 4.2 696.1 501.0 123.0 378.0 195.1 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 -.5 702.7 517.9 120.4 397.6 184.8 21.9 16.2 5.6 693.9 509.4 120.4 389.0 184.5 26.2 22.3 3.9 -73.7 -47.7 -66.2 -70.8 -54.0 -50.6 -45.1 -41.2 Net exports of goods and services ' -74.9 -52.9 -74.9 -73.8 -55.0 -51.2 -57.1 ^18.2 547.7 621.3 625.3 673.0 556.8 623.0 579.7 650.5 605.6 659.6 626.1 676.6 628.5 673;6 641.0 682.2 530.1 605.0 588.9 641.8 531.9 606.9 551.4 625.2 569.7 624.6 587.5 638.7 593.1 650.2 605.4 653.5 785.1 805.8 775.9 806.4 799.7 810.3 805.3 807.9 328.9 261.5 67.4 456.2 336.8 256.5 80.3 469.0 319.8 258.8 61.0 456.1 343.9 261.6 82.3 462.5 335.5 254.4 81.1 464.2 343.6 255.8 87.8 466.7 336.1 260.1 76.0 469.2 331.9 255.6 76.3 476.0 Net exports of goods and services '...... Exports ! Imports ' ... Government purchases of goods and services * Federal National defense .. Nondefense State and local 968.9 1,036.0 381.3 298.0 83.3 587.6 402.9 302.2 100.7 633.1 958.6 1,011.4 1,016.0 1,033.2 1,038.9 1,056.0 406.4 300.5 105.9 604.9 367,5 296.1 71.4 591.0 399.0 298.7 100.4 617.0 406.0 301.3 104.7 627.2 402.7 307.8 94.9 636.2 404.0 301.2 102.8 652.0 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 1988 HI Gross national product Final sales Change in business inventories Goods Seasonally adjusted at annual rates 1989 1988 1989' rv I II 1988 m IV ..... 1,931.9 2,073.5 1,955.8 1,987.4 2,030.9 2,079.1 2,096.3 2,087.6 Final sales ..... 1,901.3 2,045.5 1,911.2 1,968.7 2,003.2 2,051.7 2,068.9 2,058.1 27.4 27.4 29.5 44.6 18.7 27.7 28.0 Change in business inventories........ 30.6 Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services Structures 863.7 838.6 25.0 909.4 897.3 12.0 884.0 842.6 41.4 888.5 856.5 32.0 894.7 872.8 22.0 905.2 899.2 6.0 930.1 924.9 5.2 907.5 892.4 15.1 1,068.3 1,164.1 1,071.8 1,098.9 1,136.2 1,173.9 1,166.2 1,180.1 1,062.6 1,148.1 1,068.6 1,112.2 1,130.5 1,152.5 1,144.0 1,165.6 3.2 -13.3 21.4 22.2 14.5 5.7 5.6 15.9 2,499.2 2,700.9 2,520.3 2,570.0 2,620.8 2,667.5 2,728.1 2,787.3 449.5 458.9 450.8 459.9 461.3 455.1 456.6 462.8 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. III 4,880.6 5,233.3 4,926.9 5,017.3 5,113.1 5,201.7 5,281.0 5,337.6 4,850.0 5,205.4 4,882.3 4,998.7 5,085.4 5,174.3 5,253.6 5,308.1 27.4 27.4 44.6 18.7 27.7 29.5 30.6 28.0 1988 1989' I II m IV ' 4,024.4 4,143.7 4,042.7 4,069.4 4,106.8 4,132.5 4,162.9 4,172.4 Gross national product 3,996.5 4,120.8 4,005.2 4,051.0 4,082.3 4,113.5 4,141.0 4,146.2 27.9 22.9 37.5 18.3 24.5 19.1 26.2 21.9 Final sales Change in business inventories Goods 1989 IV , Final sales , Change in business inventories 1,771.6 1,838.2 1,782.3 1,789.4 1,823.2 1,843.9 1,851.3 1,834.5 1,743.7 1,815.3 1,744.8 1,771.0 1,798.7 1,824.8 1,829.4 1,808.3 18.3 24.5 22.9 37.5 19.1 21.9 26.2 27.9 Durable goods Final sales Change in business inventories 883.6 860.9 22.7 913.5 903.7 9.7 900.8 863.4 37.3 900.5 872.4 28.1 902.3 884.2 18.1 913.0 908.0 5.0 931.3 927.2 4.2 907.3 895.6 11.7 Nondurable goods ,.... Final sales Change in business inventories 888.0 882.8 5.2 924.7 911.6 13.2 881.5 881.4 .1 888.9 898.6 -9.7 920.9 914.5 6.4 930.9 916.8 14.1 920.0 902.3 17.7 927.2 912.7 14.5 Services Structures 1,873.5 1,934.5 1,880.8 1,896.7 1,905.1 1,919.9 1,945.0 1,967.9 379.3 371.0 379.6 383.3 378.5 368.8 366.6 369.9 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.