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SURVEY OF CURRENT BUSINESS September 3992 NATIONAL INCOME AND PRODUCT ACCOUNTS Selected NIPA Tables New estimates in this issue: Second quarter 1992, final. The selected set of national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are updated monthly. (In most tables, the annual estimates are also shown.) Alternative quantity and price measures are not yet available; leaders are shown for these parts. The tables shown are available on the day of the gross domestic product (GDP) news release on printouts and diskettes on a subscription basis or from the Commerce Department's Economic Bulletin Board. Most shown in this section are available, beginning with 1959, on diskette or magnetic tape. For order information, write to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, Washington, DC 20230, or call (202) 523-0669. NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division. Table 1.1 .—Gross Domestic Product Table 1.2.—Gross Domestic Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1990 1991 1991 I Gross domestic product Personal consumption expenditures .. Durablo goods Nondurable goods Services . 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 Government purchases Federal National defense Nondefense State and local II IV III I I 3,748.4 3,887.7 3,821.7 3,871.9 3,914.2 3,942.9 4,022.8 4,057.1 464.3 446.1 439.5 441.4 453.0 450.4 469.4 470.6 1,224.5 1,251.5 1,245.0 1,254.2 1,255.3 1,251.4 1,274.1 1,277.5 2,059.7 2,190.1 2,137.2 2,176.3 2,205.9 2,241.1 2,279.3 2,309.0 799.5 721.1 705.4 710.2 732.8 736.1 722.4 773.2 793.2 577.6 201.1 731.3 541.1 180.1 733.9 551.4 190.0 732.0 545.8 185.2 732.6 538.4 175.6 726.9 528.7 169.7 738.2 531.0 170.1 765.1 550.3 170.3 376.5 215.6 360.9 190.3 361.4 182.6 360.6 186.2 362.8 194.2 358.9 198.2 360.8 207.2 380.0 214.8 6.3 3.3 3.1 -10.2 -10.3 0 285 -27.4 -21.8 -27.0 5.2 9.2 -1.2 -15.8 -13.3 8.1 6.4 1.7 -1.1 .2 1.4 14.5 -5.3 -2.4 -68.9 -21.8 -28.7 -15.3 -27.1 -16.0 -8.1 -37.1 557.0 625.9 598.2 620.0 573.2 602.0 594.3 609.6 602.3 629.5 622.9 638.9 628.1 636.2 625.4 662.5 1,043.2 1,090.5 1,087.5 1,090.8 1,093.3 1,090.3 1,103.1 1,109.1 426.4 314.0 112.4 616.8 447.3 323.8 123.6 643.2 451.3 332.4 118.8 636.3 449.9 325.9 124.0 640.8 447.2 321.9 125.3 646.0 440.8 314.7 126.1 649.5 445.0 313.6 131.4 658.0 1991 1991 II 5,522.2 5,677.5 5,585.8 5,657.6 5,713.1 5,753.3 5,840.2 5,902.2 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1990 1992 444.8 311.7 133.1 664.3 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 Nonfarm Farm Net exports of goods and services . . Exports Imports Government purchases Federal National defense Nondefense . . State and local II 1992 IV III I II 4,877.5 4,821.0 4,796.7 4,817.1 4,831.8 4,838.5 4,873.7 4,892.4 3,260.4 3,240.8 3,223.5 3,239.3 3,251.2 3,249.0 3,289.3 3,288.5 419.4 416.1 432.3 430.0 439.3 414.7 412.0 411.3 1,056.5 1,042.4 1,043.0 1,046.3 1,044.8 1,035.6 1,049.6 1,045.6 1,764.6 1,783.7 1,768.5 1,781.8 1,787.0 1,797.4 1,807.3 1,812.9 739.1 661.1 646.0 649.5 672.0 676.9 668.9 713.6 732.9 538.1 179.1 670.4 500.2 157.6 671.1 507.0 166.8 669.8 503.0 162.2 671.4 498.7 153.0 669.3 492.1 148.4 681.4 495.8 149.4 705.9 514.7 149.1 359.0 194.8 342.6 170.2 340.2 164.1 340.8 166.9 345.8 172.6 343.7 177.3 346.4 185.6 365.6 191.2 -9.3 -9.6 -20.4 -24.5 4.1 7.5 -1.0 1.6 11.8 -4.2 -12.6 -10.7 .3 -25.1 -24.7 -.4 7.8 6.0 1.8 -51.8 -21.8 -17.9 -17.4 -31.6 -20.5 -21.5 -43.9 510.0 561.8 539.4 561.2 515.9 533.8 536.1 553.5 544.2 575.8 561.4 581.8 565.4 586.8 563.4 607.3 929.9 941.0 945.1 945.6 940.2 933.1 937.0 934.2 383.6 283.3 100.3 546.3 388.3 282.8 105.5 552.7 394.1 291.8 102.2 551.0 393.8 287.6 106.2 551.8 387.2 280.6 106.6 553.0 378.2 271.0 107.2 554.9 375.3 265.6 109.7 561.8 372.7 262.1 110.6 561.5 6.2 3.7 2.5 .6 -1.9 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS 6 • September 1992 Table 1.3.—Gross Domestic Product by Major Type of Product Table 1.4.—Gross Domestic Product by Major Type of Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1990 II I Gross domestic product Final sales of domestic product Change in business inventories Goods ] Seasonally adjusted at annual rates 1992 1991 1991 IV III I II I 5,522.2 5,677.5 5,585.8 5,657.6 5,713.1 5,753.3 5,840.2 5,902.2 5,515.9 5,687.7 56144 56794 57129 57442 58559 58941 6.3 -10.2 -28.5 -21.8 .2 9.2 -15.8 8.1 2,166.4 2,182.5 2,158.3 2,179.1 2,195.1 2,197.6 2,217.8 2,241.3 Final sales Change in business inventories Durable goods Final sales . . Change in business inventories Nondurable goods Final sales Change in business inventories Services } 2,160.0 2,192.7 2,186.8 2,200.9 2,194.9 2,188.4 2,233.6 2,233.2 -10.2 285 -21.8 .2 9.2 158 8.1 919.7 920.6 888.4 907.6 861.9 897.3 890.2 916.8 903.8 910.8 897.6 905.7 904.3 923.6 941.8 932.3 -.9 192 -35.4 -26.5 -7.0 -8.1 -19.3 6.3 9.5 1,246.7 1,294.1 1,296.3 1,288.9 1,291.3 1,300.0 1,313.5 1,299.5 1,239.5 1,285.1 1,289.5 1,284.1 1,284.1 1,282.7 1,310.0 1,300.8 7.2 9.0 6.8 4.8 7.2 17.3 3.5 -1.4 2,846.4 3,030.2 2,963.3 3,013.8 3,053.6 3,090.3 3,142.2 3,173.4 509.4 Structures 464.7 464.3 464.7 464.4 465.5 480.1 487.6 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 1992 1991 1991 1990 II III IV II I 4,877.5 4,821.0 4,796.7 4,817.1 4,831.8 4,838.5 4,873.7 4,892.4 4,871.3 4,830.3 4,821.8 4,837.4 4,831.2 4,830.9 4,886.3 4,884.6 6.2 -9.3 25 1 204 .6 7.5 7.8 126 1,956.8 1,911.2 1,903.1 1,907.6 1,918.3 1,915.7 1,924.0 1,936.7 1,950.7 1,920.5 1,928.2 1,928.0 1,917.7 1,908.2 1,936.6 1,929.0 6.2 880.3 881.0 -.7 -9.3 -25.1 -20.4 .6 7.5 834.1 851.6 815.3 847.4 836.3 860.2 845.3 851.7 839.4 846.8 842.4 859.6 -17.5 -32.2 -24.0 -6.4 -7.4 -17.3 -12.6 7.8 874.2 865.7 8.6 1,076.6 1,077.1 1,087.8 1,071.4 1,073.0 1,076.3 1,081.7 1,062.5 1,069.7 1,069.0 1,080.8 1,067.8 1,066.0 1,061.3 1,077.0 1,063.3 6.9 8.2 7.1 3.6 7.0 15.0 4.7 -.8 2,463.0 2,497.6 2,480.5 2,497.3 2,503.7 2,509.0 2,520.1 2,522.4 457.7 412.2 413.2 412.1 409.8 413.7 429.5 433.3 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE.—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 Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant Dollars [Billions of 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 2 [Billions of 1987 dollars] 5,522.2 5,677.5 5,585.8 5,657.6 5,713.1 5,753.3 5,840.2 5,902.2 557.0 598.2 573.2 594.3 602.3 622.9 628.1 625.4 6259 6200 6020 6096 6295 6389 6362 6625 5,591.1 5,699.3 5,614.6 5,672.9 5,740.3 5,769.3 5,848.3 5,939.4 Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases l 81 Less: Change in business inventories 5,584.8 5,709.5 5,643.1 5,694.7 5,740.1 5,760.1 5,864.1 5,931.3 Equals: Final sales to domestic purchasers - 63 -102 -285 -21 8 2 92 158 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. NOTE—Percent changes from preceding period for selected items in this table are shown in table 8.1. 4,877.5 4,821.0 4,796.7 4,817.1 4,831.8 4,838.5 4,873.7 4,892.4 5100 539.4 515.9 5361 5442 561.4 5654 5634 561.8 561.2 533.8 553.5 575.8 581.8 586.8 607.3 4,929.3 4,842.8 4,814.6 4,834.4 4,863.4 4,858.9 4,895.2 4,936.3 62 -93 -251 -204 6 75 -126 78 4,923.1 4,852.1 4,839.7 4,854.8 4,862.8 4,851.4 4,907.7 4,928.5 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. 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.—Gross Domestic Product by Sector in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Gross domestic product Business 5,522.2 5,677.5 5,585.8 5,657.6 5,713.1 5,753.3 5,840.2 5,902.2 4,702.8 4,803.8 4,726.2 4,786.7 4,835.2 4,867.2 4,937.4 4,988.6 Nonfarm 46124 47028 46358 46771 47255 4 772.9 4,826.9 4 877.6 Nonfarm less housing .... 4,162.8 4,229.8 4,171.1 4,207.3 4,251.4 4,289.5 4,341.1 4,386.9 449.6 473.0 464.7 469.8 474.1 483.4 485.8 490.7 Housing 77.9 81.6 80.1 82.5 79.2 Farm 85.0 79.1 77.0 16.4 30.9 27.1 29.0 5.4 13.4 Statistical discrepancy 21.9 30.5 227.8 246.1 237.4 244.1 249.3 253.5 258.3 261.5 94 218.4 92 236.9 90 228.4 92 234.8 92 240.0 9.3 244.2 94 248.9 9.6 251.9 General government 591.6 627.6 622.2 626.8 628.7 632.7 644.4 652.2 Federal State and local 1803 411 4 1920 4356 1933 4289 1924 4345 191 3 4374 191 1 441.6 1982 446.2 198.7 453.5 Households and institutions Private households Nonprofit institutions Addendum: Gross domestic business product less housing 4,248.7 4,326.3 Gross domestic product Business 4,877.5 4,821.0 4,796.7 4,817.1 4,831.8 4,838.5 4,873.7 4,892.4 4,170.1 4,103.9 4,078.2 4,098.3 4,116.1 4,123.1 4,156.8 4,174.4 4,094.7 4,015.8 3,998.3 4,007.1 4,021.6 4,036.3 4,058.8 4,076.1 Nonfarm Nonfarm less housing .... 3,704.3 3,621.0 3,604.8 3,612.6 3,626.1 3,640.3 3,661.1 3,677.0 3904 394.9 393.5 3945 395.5 396.0 397.6 399.1 Housing .. 68.3 72.8 Farm 68.0 68.5 705 69.4 73.6 72.5 18.7 13.9 24.4 4.9 11.5 23.2 26.0 25.9 Statistical discrepancy 197.7 202.4 200.0 201.9 203.1 204.8 206.7 206.7 88 188.8 8.2 194.2 8.2 191.8 8.3 193.5 8.3 194.9 8.2 196.6 8.3 198.4 8.4 198.3 General government 509.8 514.7 518.5 516.9 512.6 510.6 510.3 511.3 Federal State and local 156.3 353.5 157.1 357.5 161.1 357.4 158.6 358.3 155.5 357.1 153.4 357.3 152.5 357.7 151.8 359.5 Households and institutions Private households Nonprofit institutions Addendum: Gross domestic business product less housing 3,775.8 3,705.2 SURVEY OF CURRENT BUSINESS 40 • September 1992 Summary National Income and Product Series Table 1.—Gross Domestic Product [Billions of dollars; quarterly data are seasonally adjusted at annual rates] Personal consumption expenditures Year and quarter GDP Total 1959 494.2 513.4 531.8 571.6 603.1 648.0 702.7 769.8 814.3 889.3 959.5 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 . . 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1959- | || III IV 1960' I II Ill IV 1961:1 11 III IV 1962: 1 || Ill IV 1963: I II III IV 1964: 1 II Ill IV 1965: I II Ill IV 1966: 1 II Ill IV 1967: I II III IV 1968: 1 II Ill IV 1969: 1 II Ill IV 1970: 1 II Ill IV 1971: 1 II Ill IV . 318.1 332.4 343.5 364.4 384.2 412.5 444.6 481.6 509.3 559.1 603.7 646.5 1 0107 1,097.2 700.3 767.8 12070 848.1 1,349.6 927.7 1,458.6 1,585.9 1,024.9 1 7684 1 143.1 1,974.1 1,271.5 2,232.7 1,421.2 2,488.6 1,583.7 2,708.0 1,748.1 3,030.6 1,926.2 3,149.6 2,059.2 3,405.0 2,257.5 3,777.2 2,460.3 4,038.7 2,667.4 4,268.6 2,850.6 4,539.9 3,052.2 4,900.4 3,296.1 5,250.8 3,523.1 5,522.2 3,748.4 5,677.5 3,887.7 310.5 483.5 3164 496'.2 321.7 496.4 323.8 500.5 3273 5140 333.4 512.9 333.4 515.8 335.5 510.8 336.4 515.1 341.4 525.9 344.4 536.6 351.7 549.5 356.2 561.9 569.4 362.2 366.4 576.2 372.7 578.9 376.3 588.1 380.6 596.7 387.7 609.4 392.3 618.3 401.7 634.8 409.4 643.6 654.1 418.1 659.7 420.6 431.2 679.8 438.2 691.9 447.4 708.3 730.7 461.5 471.8 753.1 476.8 762.2 486.1 775.3 491.7 788.5 797.7 496.6 506.1 803.8 513.5 820.5 521.0 835.3 539.0 859.6 883.7 552.6 568.3 900.3 913.7 576.6 587.9 937.3 598.5 951.1 970.7 608.3 620.0 978.8 989.7 631.0 641.1 1,003.8 1,022.8 653.5 1,026.4 660.3 1,069.8 679.6 1,088.2 693.6 1,108.4 706.0 722.1 1,122.3 Durable goods Nondurable goods 42.8 148.5 43.5 41.9 47.0 51.8 56.8 153.1 157.4 163.8 169.4 179.7 191.9 208.5 216.9 235.0 252.2 63.5 68.5 70.6 81.0 86.2 853 97.2 1107 124.1 123.0 134.3 1600 182.6 202.3 214.2 212.5 228.5 236.5 275.0 317.9 352.9 389.6 403.7 437.1 459.4 2704 283.3 3052 339.6 380.8 416.0 451.8 490.4 541.5 613.3 682.9 744.2 772.3 817.8 873.0 919.4 952.2 1,011.1 1,073.8 1,149.5 1,224.5 1,251.5 146.2 Services 126.8 135.9 144.1 153.6 163.1 175.9 189.2 204.6 221.7 243.1 265.3 2908 319.8 351 9 384.5 423.9 474.5 5312 598.4 677.4 756.2 852.7 953.5 1,050.4 1,164.7 1,269.4 1,395.1 1,508.8 1 ,637.4 1,785.2 1,914.2 2,059.7 2,190.1 Gross private domestic investment Net exports Nonresidential Residential 78.8 46.5 28.1 4.2 78.7 77.9 87.9 93.4 49.2 48.6 52.8 55.6 62.4 26.3 26.4 29.0 32.1 34.3 74.1 84.4 85.2 92.1 34.2 32.3 32.4 38.7 42.6 3.2 2.9 6.1 5.7 5.0 9.7 Total 101.7 118.0 130.4 128.0 139.9 155.2 150.3 175.5 2056 243.1 245.8 226.0 286.4 358.3 434.0 480.2 102.9 106.7 111.7 126.1 150.0 165.6 169:0 187.2 223.2 274.5 326.4 41.4 55.8 69.7 75.3 66.0 62.7 82.5 353.8 410.0 413.7 400.2 468.9 504.0 492.4 497.8 545.4 568.1 577.6 541.1 445 46il 110.3 131.6 141.0 123.3 122.5 105.7 152.0 178.9 185.9 216.6 225.2 232.0 230.9 215.6 190.3 278 28'.8 CBI 13.8 10.5 9.1 9.7 2.3 8.0 9.9 17.7 14.3 -5.7 16.7 24.7 27.9 12.8 35.4 38.9 41.4 45.3 49.3 31.5 37.1 39.9 46.6 50.5 69,5 81.3 92.8 99.2 66.8 74.6 82.7 92.3 100.5 57.0 59.3 66.2 91.8 55.8 62.3 124.3 136.3 148.9 158.8 186.1 228.9 279.2 303.0 282.6 276.7 302.4 127.5 122.7 151.1 182.4 212.3 252.7 101.3 112.6 124.3 134.7 149.2 170.7 742 91.2 107.0 116.8 122.3 128.3 136.3 155.9 175.6 191.5 201.8 212.7 224.3 241.5 257.7 288.3 321.4 341.3 368.0 403.6 448.5 507.1 561.1 607.6 652.3 700.8 772.3 833.0 881.5 918.7 975.2 1,043.2 1,090.5 1001 100.0 1069 108.5 117.6 129.4 135.8 147.9 162.2 179.3 209.1 240.8 266.6 292.0 310.9 344.3 367.8 384.9 387.0 401.6 426.4 447.3 563 192.0 205.5 220.1 241.4 269.2 298.0 320.3 341.1 360.3 389.9 428.1 465.3 496.6 531.7 573.6 616.8 643.2 41 7 57.7 57.6 56.9 41.9 41.9 41.7 53.7 54.2 55.8 57.3 42.9 44.2 45.1 45.8 56.7 58.2 58.7 60.6 47.5 47.6 48.4 50.2 63.7 65.1 66.2 66.7 50.4 51.0 51.7 52.6 65.4 65.6 67.4 67.2 54.1 54.9 56.5 57.8 26.1 25.2 26.1 26.8 21.7 21.9 23.3 23.9 26.6 28.1 28.0 27.0 24.3 24.9 25.1 25.5 7.0 4.9 5.9 4.8 27.2 29.6 29.8 31.1 25.2 25.9 26.7 26.8 5.6 4.8 4.3 5.4 5.9 4.9 5.4 5.7 32.9 32.6 33.9 35.0 27.0 27.7 28.4 29.3 126.6 128.8 129.0 129.1 67.6 68.2 67.4 66.6 59.0 60.6 61.5 62.5 3.0 4.7 3.7 4.1 31.5 36.3 35.7 38.0 28.5 31.7 32.0 33.9 66.1 67.6 70.0 74.1 63.6 65.6 68.2 69.7 13.5 12.5 12.2 17.0 3.2 2.0 .8 1.5 38.2 38.2 39.0 40.4 35.0 36.2 38.2 38.8 129.8 133.3 138.2 143.8 147.5 153.5 159.0 163.4 75.9 80.2 83.8 85.3 71.6 73.3 75.2 78.1 14.0 2.3 2.1 1.1 .2 41.7 41.1 40.7 41.9 39.4 39.0 39.5 41.7 172.2 173.1 176.3 180.6 91.8 91.4 93.2 95.0 80.4 81.7 83.1 85.6 432 44.8 47.0 46.2 44.4 45.4 48.2 48.2 98.0 98.6 99.4 88.5 91.4 93.5 96.1 43.8 52.7 52.4 53.1 186.5 190.0 192.9 196.7 196.9 200.2 204.6 205.4 1509 1331 11.3 153.8 153.4 154.4 26.1 25.3 25.3 -5.7 40.0 41.0 42.3 44.3 70.2 75.4 82.2 84.0 47.4 48.3 48.6 50.2 25.3 25.5 26.9 27.8 89.3 87.9 89.1 85.4 51.4 53.0 53.7 53.2 28.4 29.2 29.2 29.1 1.6 6.7 6.0 9.5 5.6 6.2 3.1 50.2 51.5 52.2 53.3 155.9 156.8 157.4 159.6 161.5 162.9 164.4 166.3 167.5 168.2 170.7 171.2 90.3 91.8 94.7 96.6 53.1 54.7 56.3 58.1 30.2 32.2 32.5 33.7 55.4 56.8 58.6 56.6 175.3 178.5 182.0 183.1 135.4 136.3 138.6 140.5 143.5 144.8 147.8 149.4' 152.7 154.8 157.3 158.6 161.0 164.8 167.9 171.1 174.2 177.5 180.9 49.4 50.2 48.9 48.5 284 44.2 43.7 42.5 89.1 79.4 78.4 68.1 100.6 100.4 101.5 104.4 59.6 61.4 63.5 65.2 35.4 34.2 33.7 33.8 62.1 61.9 63.8 66.1 183.5 187.1 190.8 195.5 198.5 202.6 206.4 210.9 115.8 115.8 119.1 121.3 69.7 72.4 75.3 78.9 33.9 34.2 34.3 34.5 12.3 69.2 66.5 69.1 69.3 185.6 189.1 192.8 200.0 204.2 207.7 210.7 211.4 130.5 129.9 129.4 131.9 82.2 84.2 85.3 85.7 34.8 33.2 31.9 29.2 67.8 71.2 71.3 72.2 213.7 215.5 217.8 220.6 126.6 122.5 129.5 133.5 84.3 84.5 84.7 87.2 28.3 31.6 33.4 36.0 77.3 79.3 83.6 83.8 227.6 232.6 238.6 241.1 245.5 250.2 254.2 258.8 264.7 268.2 271.9 276.5 278.3 282.0 284.4 288.5 215.1 219.4 224.3 228.2 234.1 240.6 246.1 251.6 256.6 262.1 267.6 274.7 135.3 141.7 140.3 142.4 90.6 89.9 91.8 96.0 36.9 38.2 38.9 40.9 154.3 154.1 159.1 153.3 148.6 150.2 154.0 148.5 99.5 101.4 105.1 105.6 105.8 107.1 108.2 105.7 43.2 43.4 43.2 40.7 169.2 175.2 180.1 177.7 108.2 111.1 112.4 115.3 101.9 -23.7 -26.1 -23.8 -14.7 -14.7 -20.6 -51.4 -102.7 44.5 48.4 51.4 55.8 60.9 100.9 103.1 104.2 105.9 107.1 110.8 114.1 116.1 117.9 119.2 119.5 120.5 124.0 125.0 433 48.6 54.6 58.3 61.5 13.6 -2.3 41.8 55.3 58.6 65.4 66.4 67.5 23.3 23.5 22.9 21.7 28.3 27.5 93.1 95.9 98.1 .6 -3.1 57.1 99.8 24.2 25.2 25.9 25.8 47.8 47.6 40.7 39.4 40.4 45.0 -3.0 -8.0 99.0 22.8 22.7 25.0 26.1 28.1 .9 1.7 3.0 4.0 4.4 3.3 2.8 2.9 2.3 3.2 2.9 1.5 2.0 3.7 3.1 4.4 76.3 79.4 281.1 286.5 294.3 301.3 308.2 315.8 323.4 331.7 1.2 22.3 25.3 26.0 27.4 29.4 33.6 22.9 22.5 128.2 131.0 85.2 86.4 87.3 82.5 -1.3 -1.2 20.6 Federal 21.8 21.1 1227 1254 149.2 150.8 85.8 86.2 86.4 86.5 2.4 3.4 2.4 3.3 5.5 3.9 1.9 1.4 State and local Imports 2o!o 1416 44.2 42.0 6.3 -10.2 44 7.B .2 4.3 45.3 46.6 47.1 49.1 -1.7 Total Exports 293.9 317.7 303.2 328.1 405.1 417.6 451.7 507.1 552.2 587.7 625.9 620.0 21 4 22'.5 467.6 558.0 503.4 546.7 718.9 714.5 717.6 749.3 793.6 832.3 799.5 721.1 767 82J 464.3 446.1 41 6 43'.4 Net -9.5 25.4 -15.9 -5.5 71.1 24.6 8.6 26.3 16.2 33.3 3.0 4.2 -2.6 9.2 9.5 7.8 6.4 11.4 10.2 7.8 13.7 9.6 5.4 11.6 -115.6 -132.5 -143.1 -108.0 -79.7 -68.9 -21.8 -1.7 -2.5 -1.1 -1.4 -1.2 -.6 -1.3 -1.9 7.1 .1 41.9 50.9 51.0 53.2 2.1 3.7 5.4 1.1 2.4 .9 .4 54.7 57.6 57.3 58.3 53.5 55.2 56.4 57.9 .8 59.5 59.5 62.4 55.9 58.7 63.3 65.5 61.9 9.3 10.9 -2.2 12.4 95 9.4 .9 -1.9 -1.8 -1.3 302.1 319.2 364.0 444.2 508.0 557.0 598.2 197 -3.8 -3.1 -6.0 Percent change from preceding pe oo Government purchases 98.0 99.6 99.5 98.7 96.7 98.4 208.9 210.0 214.5 217.3 220.2 223.2 225.5 228.5 100.6 99.0 99.6 102.2 101.3 101.4 99.6 99.6 99.8 99.5 99.7 100.2 100.5 98.0 100.6 102.4 104.1 107.5 110.4 114.8 117.5 120.6 123.5 125.2 128.1 Final Gross sales of domesdomes- tic purtic prod- chases uct 490.0 510.1 528.9 565.5 597.5 643.0 693.0 756.0 803.8 880.2 949.8 1,008.4 1,089.2 1,197.1 1,331.9 1,444.4 1,591.5 1,751.7 1,949.4 2,204.8 2,475.9 2,717.5 3,005.2 3,165.5 3,410.6 3,706.1 4,014.1 4,260.0 4,513.7 4,884.2 5,217.5 5,515.9 5,687.7 479.1 488.4 496.2 496.2 502.7 509.8 511.6 516.4 517.7 524.4 529.9 543.5 552.4 563.7 570.0 575.8 581.1 591.8 603.5 613.5 629.2 638.7 649.7 654.3 667.5 682.7 698.8 722.8 739.6 749.7 763.1 771.5 783.7 797.5 809.1 825.2 851.8 870.0 890.6 908.3 925.7 941.7 959.8 971.7 987.6 1,000.0 1.017.4 1,028.6 1,057.4 1,078.7 1,099.0 1,121.5 495.8 510.9 528.4 569.2 599.8 642.5 698.8 767.9 812.9 890.6 960.7 1,009.5 1,100.2 1,215.0 1,349.0 1,461.8 1,572.3 1,770.7 1,997.8 2,258.8 2,512.5 2,722.8 3,045.3 3,170.2 3,456.5 3,879.9 4,154.3 4,401.2 4,683.0 5,008.4 5,330.5 5,591.1 5,699.3 485.3 498.8 497.5 501.9 513.1 511.1 512.8 506.7 510.7 522.7 533.7 546.6 559.7 566.2 573.3 577.4 586.1 592.9 606.4 613.9 628.9 638.7 648.6 654.0 676.8 687.3 704.6 726.6 749.9 760.2 774.5 787.0 795.4 801.7 819.3 835.1 860.8 884.3 901.5 915.6 939.2 952.8 972.0 978.7 988.5 1,001.3 1.022.0 1,026.0 1,069.0 1,092.0 1,111.5 1,128.3 Gross national product 497.0 516.6 535.4 575.8 607.7 653.0 708.1 774.9 819.8 895.5 965.6 1,017.1 1,104.9 1,215.7 1,362.3 1,474.3 1,599.1 1 785.5 1,994.6 2,254.5 2,520.8 2,742.1 3,063.8 3,179.8 3,434.4 3,801.5 4,053.6 4,277.7 4,544.5 4,908.2 5,266.8 5,542.9 5,694.9 486.2 498.9 499.3 503.6 517.0 516.0 519.0 514.2 518.8 529.4 540.2 553.2 565.7 573.5 580.3 583.7 592.7 601.1 613.9 623.0 639.9 648.5 659.2 664.5 685.3 697.7 713.7 735.6 758.2 767.3 780.3 793.9 803.0 809.0 826.2 841.0 865.5 889.8 906.6 920.0 943.7 957.3 976.7 984.8 996.0 1,010.4 1,029.4 1,032.5 1,077.3 1,096.2 1,115.7 1,130.2 GDP 3.9 3.6 7.5 5.5 7.4 8.4 9.5 5.8 9.2 7.9 5.3 8.6 10.0 11.8 8.1 8.7 11.5 11.6 13.1 11.5 8.8 11.9 3.9 8.1 10.9 6.9 5.7 6.4 7.9 7.2 5.2 2.8 10.9 .2 3.3 11.2 -.9 2.3 -3.8 3.4 8.7 8.4 10.0 9.3 5.4 4.9 1.9 6.5 6.0 88 6.0 11.1 5.7 6.7 3.5 12.8 7.3 9.8 13.3 12.8 4.9 7.1 7.0 4.7 3.1 8.6 7.4 12.2 11.7 7.7 6.1 10.7 6.0 8.5 3.4 4.5 5.8 7.8 1.4 18.0 7.1 7.6 5.1 Final sales of Gross domes- domestic purtic prodchases uct 4.1 3.7 6.9 5.7 7.6 7.8 9.1 6.3 9.5 7.9 6.2 8.0 9.9 11.3 8.4 10.2 10.1 11.3 13.1 12.3 9.8 10.6 5.3 7.7 8.7 8.3 6.1 6.0 8.2 6.8 5.7 3.1 8.0 6.5 0 5.3 5.8 1.4 3.8 1.0 5.3 4.3 10.7 6.7 8.4 4.5 4.1 3.7 7.6 8.1 6.8 10.6 6.2 7.1 2.9 8.3 9.4 9.8 14.5 9.6 5.6 7.3 4.5 6.5 7.2 5.9 8.2 13.5 8.8 9.8 8.2 7.9 7.1 7.9 5.1 6.7 5.1 7.1 4.5 11.7 8.3 7.7 8.4 3.0 3.4 7.7 5.4 7.1 8.8 9.9 5.9 9.6 7.9 5.1 9.0 10.4 11.0 8.4 7.6 12.6 12.8 13.1 11.2 8.4 11.8 4.1 9.0 12.2 7.1 5.9 6.4 6.9 6.4 4.9 1.9 ii.6 -1.0 3.6 9.2 -1.6 1.3 -4.7 3.2 9.7 8.7 10.0 9.9 4.7 5.1 2.9 6.2 4.7 9.4 5.0 10.1 6.4 6.3 3.4 14.7 6.4 GNP 3.9 3.6 7.5 5.5 7.5 8.4 9.4 5.8 9.2 7.8 5:3 8.6 10.0 12.1 8.2 8.5 11.7 11.7 13.0 11.8 8.8 11.7 3.8 8.0 10.7 6.6 5.5 6.2 8.0 7.3 5.2 2.7 10.9 .3 3.5 11.1 -.8 2.3 -3.6 3.6 8.4 8.4 10.0 9.3 5.6 4.8 2.4 6.3 5.8 8.8 6.1 11.3 5.5 6.8 3.3 13.1 7.4 9.5 10.5 13.1 12.9 13.5 12.9 5.6 7.7 6.6 4.9 7.0 7.2 4.3 3.2 9.1 7.9 4.7 3.0 8.8 7.4 12.9 11.4 8.0 6.4 10.7 5.9 8.3 2.8 4.1 5.3 8.5 1.6 17.8 8.9 7.3 6.2 12.2 11.7 7.8 6.0 10.7 5.9 8.4 3.4 4.6 5.9 7.7 1.2 18.5 7.2 7.3 5.3 SURVEY OF CURRENT BUSINESS September 1992 • 41 Table 1.—Gross Domestic Product—Continued [Billions of dollars; quarterly data are seasonally adjusted at annual rates] Personal consumption expenditures Year and quarter GDP Total 1972: 1 II Ill IV 1973: 1 II III IV 1974: 1 II Ill IV 1975: 1 II Ill IV 1976: 1 II Ill IV 1977- 1 II Ill IV 1978: 1 II Ill IV 1979: 1 II Ill IV ... 1980: 1 II Ill IV 1981' I II . Ill IV 1982: 1 II Ill IV 1983: 1 II Ill IV 1984: 1 II ill IV 1985: I II Ill IV 1986: 1 II Ill IV 1987: I II Ill IV 1988: 1 II Ill IV 1989: 1 II Ill IV 1990: 1 II Ill IV 1991:1 II Ill IV ; 1,160.9 1,192.5 1,217.7 1,256.8 1,304.4 1,334.5 1,358.4 1,401.2 1,410.9 1,444.1 1,474.7 1,504.8 1,513.6 1,552.1 1,614.4 1,663.3 1,717.8 1,746.4 1,779.9 1,829.6 1 881.7 1,952.9 2,015.1 2,046.8 2,090.2 2,213.9 2,274.7 2,352.0 2,399.2 2,453.3 2,523.3 2,578.8 2,650.1 2,643.9 2,705.3 2,832.9 2,953.5 2,993.0 3,079.6 3,096.3 3,092.9 3,146.2 3,164.2 3,195.1 3254.9 3,367.1 3,450.9 3,547.3 3,666.9 3,754.6 3,818.2 3,869.1 3.940.0 3,997.5 4,076.9 4,140.5 4,215.7 4,232.0 4,290.2 4,336.6 4,408.3 4,494.9 4,573.5 4,683.0 4,752.4 4,857.2 4,947.3 5,044.6 5,150.0 5,229.5 5,278.9 5,344.8 5,445.2 5,522.6 5,559.6 5,561.3 5,585.8 5,657.6 5,713.1 5,753.3 739.2 757.1 775.1 799.7 824.0 838.8 857.3 872.6 891.0 919.0 946.7 954.2 978.9 1,008.3 1,042.1 1,070.3 1,104.8 1,124.5 1,153.9 1,189.1 12255 1,253.5 1,284.7 1,322.4 1,351.7 1,410.1 1,442.7 1,480.3 1,520.4 1,554.8 1,607.1 1,652.5 1,701.5 1,704.9 1,762.3 1,823.6 1 ,876.0 1,908.9 1,952.1 1,968.0 2,005.4 2,029.4 2,073.1 2,128.7 2,1629 2,231.9 2,288.7 2,346.8 2,392.4 2,444.5 2,477.8 2,526.4 2.589.2 2,636.4 2,704.2 2,739.8 2,784.8 2,812.3 2,882.0 2,923.1 2,962.8 3,030.1 3,091.4 3,124.6 3,199.1 3,260.5 3,326.6 3,398.2 3,440.8 3,499.1 3,553.3 3,599.1 3,672.4 3,715.3 3,787.8 3,818.2 3,821.7 3,871.9 3,914.2 3,942.9 Durable goods Nondurable goods 293.2 301.5 308.5 317.4 125.7 327.0 124.6 333.6 124.3 344.0 121.7 353.7 119.5 365.6 123.6 376.7 129.5 388.0 119.3 392.9 124.0 400.3 411.1 129.1 138.9 423.0 145.4 429.8 155.2 439.4 157.5 446.3 160.8 455.8 166.6 465.8 4774 1752 180.3 485.6 184.6 492.0 190.5 506.9 187.9 516.7 205.3 534.5 549.4 205.5 210.4 565.5 211.8 583.6 210.6 599.8 218.3 624.5 216.0 645.5 667.1 218.7 198.2 673.8 211.3 686.2 221.8 704.6 2308 731 3 225.5 741.6 236.3 748.5 221.4 755.5 230.9 761.2 232.9 763.3 235.2 777.5 246.9 787.3 251 2 791.7 810.4 270.1 829.4 281.0 297.7 839.8 854.1 307.6 317.9 872.0 318.0 878.2 328.2 887.8 342.2 899.9 347.0 914.3 368.2 923.8 354.4 939.5 363.8 950.1 376.1 943.9 951.0 411.6 963.7 406.8 384.9 989.0 401.4 1,007.6 419.7 1,018.4 408.8 1,029.4 428.8 1,041.5 433.1 1,062.0 433.5 1,085.8 452.9 1,105.8 450.8 1,121.1 457.6 1,146.5 470.8 ' 1,157.1 458.3 1,173.5 478.0 1,199.3 463.5 1,208.7 463.0 1,235.3 452.7 , 1,254.5 439.5 1,245.0 441.4 1,254.2 453.0 1,255.3 450.4 1,251.4 105.3 108.5 111.8 117.4 Services 340.8 347.2 354.8 364.9 371.3 380.6 388.9 397.2 405.9 418.6 429.2 442.0 454.6 468.1 480.1 495.1 510.3 520.8 537.2 556.7 5729 587.6 608.2 625.0 647.1 670.2 687.8 704.4 725.0 744.4 764.3 791.0 815.7 832.9 864.9 897.2 913.9 941.7 967.2 991.1 1,013.3 1,033.2 1,060.4 1,094.6 1,120.0 1,151.4 1,178.3 1,209.3 1,230.8 1,254.6 1,281.7 1,310.4 1,347.1 1,375.2 1,412.2 1,446.0 1,470.9 1,492.3 1,519.4 1,552.6 1,588.8 1,621.2 1,653.3 1,686.4 1,728.8 1,765.4 1,807.3 1,839.5 1,868.8 1,895.1 1,925.4 1,967.3 1,995.0 2,043.1 2,089.6 2,111.1 2,137.2 2,176.3 2,205.9 2,241.1 Total 192.2 203.3 209.4 217.6 232.1 241.4 240.1 258.7 241.8 247.7 244.4 249.3 211.0 210.6 236.3 246.2 271.3 284.6 289.7 299.8 321 6 355.2 380.3 376.0 391.9 429.4 447.3 467.4 470.9 481.7 485.5 482.9 495.3 451.5 432.1 491.5 5485 543.3 575.4 564.7 517.9 522.1 509.4 464.2 4783 532.5 561.2 614.8 693.6 719.2 739.9 722.8 700.5 714.8 706.0 737.0 752.8 724.1 696.4 697.1 725.2 733.9 737.9 800.2 770.6 788.4 800.7 814.8 843.9 840.3 819.6 825.2 820.3 833.0 805.7 739.0 705.4 710.2 732.8 736.1 Nonresidential Residential 120.6 123.5 126.3 133.8 141.2 149.0 153.7 156.4 66.6 68.2 69.6 74.3 11.6 13.6 77.9 75.8 75.0 72.7 13.1 16.7 11.4 29.6 159.0 163.7 168.5 171.0 166.3 166.0 169.7 173.9 179.1 183.4 189.8 196.4 69.0 67.5 67.4 60.0 13.8 16.5 18.3 -5.6 -9.1 -2.1 57.7 59.9 64.6 68.7 -12.9 -15.4 1.9 3.7 13.1 16.6 11.6 12.9 76.2 80.7 80.6 92.5 20.6 19.2 10.9 152 208.8 218.5 226.8 238.8 245.7 270.1 284.0 298.2 311.9 317.7, 334.7 341.5 353.6 342.5 352.1 367.1 3837 4007 418.4 437.1 432.6 419.4 405.0 397.7 3853 387.2 401.3 426.9 441.0 463.9 479.3 491.5 499.1 506.1 499.6 511.3 501.6 490.1 486.0 491.7 479.3 489.7 507.8 514.3 526.8 544.1 550.3 560.2 563.4 568.4 571.5 568.8 580.1 572.1 585.2 572.9 551.4 545.8 538.4 528.7 976 111.7 115.0 116.9 121.0 130.5 135.8 139.0 138.6 140.9 143.5 141.2 134.6 111.2 115.9 131.3 131.9 128.7 120.1 109.5 104.7 102.8 102.4 112.8 130.3 148.1 162.0 167.7 174.7 180.6 179.8 180.4 182.1 182.0 186.5 193.1 203.1 216.7 222.4 224.2 222.8 226.4 225.2 226.5 227.0 230.5 233.3 237.3 236.8 232.1 228.5 226.2 232.1 223.1 210.1 197.1 182.6 186.2 194.2 198.2 CBI 5.0 9.4 Exports Imports -8.6 -8.3 -7.9 -7.1 63.5 63.1 66.2 72.1 72.2 71.4 74.1 79.2 -4.4 -1.1 81.0 88.3 94.3 85.4 89.5 91.1 98.7 Net 3.2 4.7 103.4 110.3 129.4 133.6 136.6 124.9 115.2 122.1 -1.1 -5.0 -7.2 143.1 146.0 150.9 155.4 138.9 147.1 155.9 -21 2 -21.5 -21.2 -30.8 154.8 161.3 161.8 157.1 164.0 185.6 190.5 204.5 210.7 219.9 233.1 251.9 229.9 243.2 257.3 280.4 -35.9 -39.3 -23.3 -24.6 -17.3 -19.2 -23.3 -24.2 -28.6 -37.1 -16.6 3.5 -6.8 -8.6 267.5 276.2 282.7 290.4 304.6 292.8 279.2 299.0 329 1&9 -16.3 -16.0 -10.0 -16.4 -17.5 3193 3217 -30.3 -29.5 -23.7 -44.9 -65.2 -71.8 -95.5 -104.5 -103.8 -107.1 3030 305*8 299.9 303.4 291.9 293.9 279.0 265.6 2706 272.3 277.7 286.2 293.1 302.1 305.7 308.7 -91.8 -116.0 -118.9 -135.5 -127.8 -129.7 -139.4 -133.2 -140.3 -145.1 -143.8 -143.2 -122.0 -105.6 -98.5 -106.0 -85.1 -80.1 -79.7 -73.9 -72.1 -59.9 -76.3 -67.2 -28.7 -15.3 -27.1 -16.0 305.0 302.7 295.8 304.7 311.5 313.0 318.4 333.9 336.3 3557 371.5 392.4 418.5 438.8 452.4 467.0 489.7 509.5 509.0 523.8 541.2 551.2 555.9 5797 573.2 594.3 602.3 622.9 1,6.1 25.0 38.4 20.3 25.2 28.7 27.5 30.2 20.4 23.2 7.3 .2 7.1 -2.2 36.9 18.1 -19.3 -.2 2.0 -46.3 -373 -2.8 -2.1 20.2 77.9 74.7 80.7 51.0 19.3 26.7 19.9 32.6 48.1 17.4 -12.0 -18.8 23.1 17.8 4.9 59.3 16.8 13.8 17.1 17.3 43.7 39.8 19.6 30.2 8.1 37.7 10.4 -31.0 -28.5 -21.8 .2 9.2 4.3 4.2 -5.1 Percent change from preceding period Government purchases 114.6 123.7 124.5 134.4 138.0 131.8 133.7 141.7 8.5 NOTE.—GDP=Gross domestic product; CBkChange in business inventories; GNP=Gross national product Net exports Gross private domestic investment 1287 1627 176.1 182.8 183.0 187.9 203.3 208.9 215.1 221.8 310.0 3197 309.4 299.0 309.3 295.1 294.3 317.2 342.9 358.0 388.5 4067 409.5 415.7 396.8 4187 414.7 440.2 439.2 442.7 457.8 467.1 4765 500.8 515.3 535.6 540.5 544.3 550.9 573.1 574.9 589.6 5887 597.7 613.3 611.2 632.2 646.9 602.0 609.6 629.5 638.9 Total 238.1 240.4 241.1 246.5 2527 255.4 257.7 265.1 273.8 283.1 292.8 303.4 310.5 3167 324.5 333.8 337.4 338.4 341.3 347.9 355.9 3657 371.3 379.2 385.8 397.7 409.3 421.5 427.1 440.1 454.9 471.9 490.5 504.1 507.4 526.4 5454 556'.8 562.2 579.9 587.1 599.8 612.0 631.6 637.5 6477 666.3 657.6 676.3 695.4 704.4 727.0 742.2 762.4 785.6 799.2 805.9 825.3 851.2 8497 860.6 876.0 888.0 901.4 9047 913.8 918.5 937.6 950.4 970.2 985.6 994.5 1,0247 1,034.3 1,042.4 1,071.3 1,087.5 1,090.8 1,093.3 1,090.3 Federal 107.0 108.1 105.6 106.7 108.9 108.5 107.0 109.8 112.3 114.3 118.8 124.9 126.1 127.7 129.8 134.1 State and local 131.0 132.3 135.5 139.9 1437 146.9 1507 155.4 161.5 168.8 174.0 178.5 184.4 189.1 194.7 1997 140.1 204.2 204.3 205.6 207.8 1427 2131 146.8 148.8 153.3 163.7 169.4 218.9 222.5 225.9 230.9 237.0 245.6 252.1 172.5 175.2 180.4 189.2 254.6 264.8 274.5 2827 198.6 208.5 208.8 220.6 229.0 239'.8 241.8 252.6 255.8 261.0 268.0 281.4 284.6 291.0 302.6 2897 297.9 309.6 311.2 3247 291.9 295.5 298.6 305.8 316.4 317'.0 320.3 327.4 330.0 338.2 352.1 356.9 352.2 364.2 381.5 373.1 375.6 384.5 387.1 392.5 386.6 386.0 383.5 392.0 412.2 424.2 433.4 442.4 453.7 461.2 4697 476.6 485.0 49t.5 501.0 509.0 518.1 527.8 535.1 5457 392.3 401.6 407.3 405.1 420.3 424.4 422.6 438.3 451.3 449.9 447.2 440.8 558.1 568.6 578.4 589.3 133.2 134.0 1357 154.9 1607 331.3 338.8 344.0 350.3 352.9 3567 3637 367.9 378.4 385.8 393.1 402.2 604.3 610.0 6197 633.0 636.3 640.8 646.0 649.5 Final Gross sales of domesdomes- tic purtic prod- chases uct Gross national product 1,155.9 1,169.5 1,180.9 1,200.8 1,204.1 1,225.7 1,247.3 1,263.8 1,291.3 1,3087 1,317.8 1,335.6 1,346.9 1,355.2 1,371.5 1,396.4 1,3971 1,406.6 1,427.6 1,4497 1,466.2 1,483.8 1,486.5 1,506.9 1,526.5 1,500.5 1,567.5 1,535.6 1,612.5 1,602.8 1,659.6 1,650.4 1,701.7 1,713.6 1,725.8 1,747.5 1 ,7607 1,784.9 1,818.7 1,836.8 1 8665 1 902.9 l!927.8 1J974.4 1,976.6 2,036.2 2,026.6 2,077.6 2,064.9 2,129.5 2,185.1 2,237.1 2,247.2 2,299.3 2,321:8 2,369.3 2,378.7 2,418.4 2,430.1 2,476.6 2,516.0 2,547.5 2,578.6 2,607.3 2,643.1 2,687.3 2,646.1 2,660.5 2,741.2 2,701.8 2,839.7 2,841.5 2,920.6 2,969.8 2',979'.2 sioogio 3,0427 3,089.6 3,078.2 3,1127 3,112.3 3,110.4 3,146.4 3,151.3 3,162.1 3,194.5 3,241.4 3,224.6 3,292.2 3 278.7 3,370.0 3i412.0 3,453.0 3,516.1 3,527.1 3,619.1 3,589.0 3,762.3 3,679.8 3,859.1 3,737.5 3,922.1 3,818.1 3,976.2 3,9207 4,031.8 3,970.9 4,113.6 4,057.0 4,195.8 4,107.9 4,276.0 4,167.6 4,343.5 4,2147 4,3617 4,302.3 4,4297 4,355.4 4,469.8 4,385.2 4,548.6 4,477.1 4,640.0 4,568.6 4,717.3 4,6237 4,826.2 4,735.6 4,874.4 4,843.4 4,9627 4,930.2 5,045.8 5,027.3 5,1507 5,106.2 5,235.1 5,189.7 5,309.6 5,259.3 5,358.6 5,314.6 5,418.7 5,437.1 5,517.4 5,484.9 5,582.6 5,549.2 5,635.9 5,592.3 5,628.5 5,614.4 5,614.6 5,679.4 5,672.9 5712.9 5,740.3 5,744.2 5,769.3 1,169.2 1,200.8 1,226.8 1,265.9 1,315.1 1,346.2 1,372.3 1,415.6 1,428.1 1,460.7 1,490.2 1,518.3 1,525.2 1,564.0 1,627.6 1,679.5 1,7337 1,763.3 1,797.2 1,847.7 1 902.7 l!973.8 2,036.2 2,065.8 2,112.4 2,232.8 2,295.9 2,377.1 2,425.2 2,483.0 2,559.6 2,615.3 2,6877 2,679.4 2,739.8 2,861.5 2,985.5 3',023'.5 3,112.4 3,133.7 3,1237 3,179.2 3,193.8 3,222.6 3,283.8 3,394.0 3,481.6 3,578.4 3,694.2 3,778.3 3,843.3 3,890.2 3,955.7 4,012.9 4,089.5 4,156.2 4,231.4 4,239.1 4,300.0 4,340.5 4,412.4 4,497.5 4,5777 4,690.5 4,764.3 4,8627 4,951.6 5,054.3 5,164.0 5,243.3 5,294.7 5,365.0 5,464.1 5,537.0 5,577.8 5,5927 5,614.9 5,674.3 5,726.4 5764.1 GDP Final Gross sales of domesdomespurtic prod- tic chases uct 14.5 11.3 12.8 8.9 8.1 15.4 11.1 GNP 14.5 11.3 8.7 135 . 15.1 13.0 13.4 16.0 14.9 15.0 16.5 8.5 9.1 7.5 8.5 6.0 127 13.2 77 9.0 12.8 9.6 7.4 13.2 2.8 97 87 8.4 2.4 11.3 5.7 8.6 3.0 97 6.4 8.9 9.8 8.0 3.6 9.4 8.3 7.8 1.8 -17 9.7 127 11.2 11.2 12.0 12.2 18.7 12.4 10.6 17.3 13.4 13.8 10.5 16.2 13.5 10.6 17.0 6.8 7.9 5.8 8.3 8.2 8.8 7.0 7.9 11.6 13.8 12.1 11.7 11 9 10.9 13.8 10.5 10.5 15.2 15.9 13.1 12.4 15.8 13.3 ie!o 13.4 6.4 8.8 25.9 11.4 14.3 8.3 9.3 11.9 9.1 11.5 -.9 9.6 7.8 25.4 11.9 14.0 10.2 8.9 14.9 10.3 10.4 .5 15.2 8.4 10.4 21.8 11.6 12.7 8.6 10.0 12.0 97 12.8 -3.9 6.4 20.2 152 22.3 18.1 11.9 19.3 5J5 12.1 2.2 -.4 7.1 2.3 4.0 7.7 14.5 10.3 11.7 14.2 8.3 8.8 4.7 4.5 4.5 2.0 10.4 6.4 9.8 10.2 8.9 7.2 54 11.2 3.0 -.3 5.4 5.6 3.8 6.9 5.9 9.3 24.8 11.8 14.9 8.3 9.9 12.9 9.0 11.5 -1.2 9.3 19.0 185 52 12.3 2.8 -1.3 7.3 1.8 37 7.8 14.1 17.3 12.8 12.2 107 16.8 13.6 11.6 107 6.7 5.6 9.4 7.1 5.0 5.7 8.4 8.2 7.9 6.9 5.9 7.9 6.7 7.4 7 5.9 3.8 6.8 7.9 7.3 9.4 7.4 8.1 6.5 17 6.4 37 7.2 8.3 6.8 9.6 4.1 7.4 6.9 8.6 8.6 6.3 3.8 5.1 6.4 6.7 5.5 4.3 67 5.8 37 4.6 9.0 6.3 4.0 5.4 77 5.8 27 .1 9.5 3.6 4.8 3.1 7.5 4.8 3.9 -.5 7.6 5.4 3.0 1.1 1.8 5.2 4.0 2.8 1.6 47 2.4 2.2 9.9 6.9 5.4 10.5 7.5 6.0 8.2 6.4 11.2 7.5 1.6 5.6 4.4 6.8 8.1 7.2 9.9 6.1 9.1 7.6 8.1 6.4 8.9 5.2 9.0 5.1 5.9 4.6 8.6 5.0 2.8 8.6 8.4 4.9 10.0 -1.0 4.2 4.8 2.0 10.2 6.4 8.5 7.5 8.6 1.6 4.3 37 2.7 42 • September 1992 SURVEY OF CURRENT BUSINESS Table 2.—Gross Domestic Product in Constant Dollars [Billions of 1987 dollars; quarterly data are seasonally adjusted at annual rates] Personal consumption expenditures Year and quarter GDP Total Durable goods Nondurable goods Services Gross private domestic investment Total Nonresidential 1 ,928.8 1,178.9 1,210.8 1,238.4 1,293.3 1,341.9 1,417.2 114.4 518.5 546.0 296.4 165.2 1960 1961 1962 1963 1964 1,970.8 2,023.8 2,128.1 2,215.6 2,340.6 115.4 109.4 120.2 130.3 140.7 526.9 537.7 553.0 563.6 588.2 290.8 289.4 321.2 343.3 371.8 173.3 172.1 185.0 192.3 214.0 1965 1966 1967 1968 1969 2,470.5 2,616.2 2,685.2 2,796.9 2,873.0 2,873.9 2,955.9 3,107.1 3,268.6 3,248.1 3,221.7 3,380.8 3,533.3 3,703.5 3,796.8 3,776.3 3,843.1 3,760.3 3,906.6 4,148.5 4,279.8 4,404.5 4,539.9 4,718.6 4,838.0 4,877.5 4,821.0 156.2 166.0 167.2 184.5 190.8 183.7 201.4 225.2 246.6 227.2 616.7 647.6659.0 686.0 703.2 568.5 591.3 620.0 648.0 688.3 724.1 760.2 796.2 837.0 877.2 413.0 438.0 418.6 440.1 461.3 429.7 475.7 532.2 591.7 543.0 437.6 520.6 600.4 664.6 669.7 594.4 631.1 540.5 599.5 757.5 745.9 735.1 749.3 773.4 784.0 250.6 276.7 270.8 280.1 296.4 1959 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1959 I II III IV 1960: I II III IV 1961:1 II III IV 1,904.9 1,937.5 1,930.8 1,941.9 1,976.9 1,971.7 1,973.7 1,961.1 1,977.4 2,006.0 2,035.2 2,076.5 1,497.0 1,573.8 1,622.4 1,707.5 1,771.2 1,813.5 1,873.7 1,978.4 2,066.7 2,053.8 2,097.5 2,207.3 2,296.6 2,391.8 2,448.4 2,447.1 2,476.9 2,503.7 2,619.4 2,746.1 2,865.8 2,969.1 3,052.2 3,162.4 3,223.3 3,260.4 3,240.8 1,159.5 1,175.5 1,188.0 1,192.7 1,201.7 1,216.4 1,210.8 1,214.1 1,218.1 1,235.6 1,238.8 1,261.0 912.5 946.7 997.4 1,042.2 1,066.8 1,103.6 1,149.5 1,196.8 1,254.1 1,296.5 1,323.9 1 ,344.4 1,368.9 1,421.4 1,473.0 1,537.0 1,576.1 1,637.4 1,698.5 1,731.0 439.3 414.7 717.2 725.6 755.8 777.9 759.8 767.1 801.3 819.8 844.8 862.8 860.5 867.9 872.2 900.3 934.6 958.7 991.0 1,011.1 1,035.1 1,051.6 1,056.5 1,042.4 1,764.6 1,783.7 739.1 661.1 292.0 286.8 311.6 357.4 356.5 316.8 328.7 364.3 412.9 448.8 437.8 455.0 433.9 420.8 490.2 521.8 500.3 497.8 530.8 540.0 538.1 500.2 111.9 116.2 117.6 112.0 514.9 516.9 519.9 522.4 532.7 542.4 550.6 558.2 290.7 308.9 288.1 297.8 158.8 163.8 169.1 169.0 114.5 117.6 116.2 113,2 106.7 107.2 109.3 114.4 522.8 529.6 527.0 528.0 532.1 537.7 536.9 543.9 564.4 569.1 567.6 572.9 608.0 617.4 623.5 631.1 634.2 640.8 654.1 663.0 674.5 683.7 693.2 701.9 708.4 719.0 728.2 740.7 321.8 292.0 288.5 261.0 . 266.4 279.9 302.4 308.9 321.4 322.0 327.3 314.1 226.8 256.4 280.0 292.9 289.0 262.7 264.6 262.5 297.7 338.5 370.1 402.0 403.7 428.7 440.7 579.3 590.6 592.6 602.7 475.3 15.6 16.0 15.7 -10.5 476.9 501.5 524.2 536.3 549.1 265.7 259.0 270.1 287.3 285.7 281.8 209.6 217.9 231.4 236.9 250.6 267.3 137.3 124.5 120.2 136.4 140.1 131.8 168.1 198.0 196.6 155.6 134.7 166.4 201.9 214.5 207.4 25.1 36.7 27.6 23.6 24.8 5.9 20.8 22.5 37.7 30.9 -13.9 25.5 34.3 37.2 13.6 -8.3 24.6 -17.5 4.4 67.9 22.1 8.5 26.3 19.9 29.8 6.2 -5.8 2.5 -6.4 -18.0 -23.7 -37.5 -41.5 -35.2 -45.9 -56.5 -34.1 -4.1 23.1 -6.4 -27.8 -29.9 -10.6 30.7 22.0 -7.4 -56.1 -122.0 -145.3 -155.1 -143.1 -104.0 -73.7 169.0 171.0 171.8 176.8 105.9 106.3 112.2 115.8 -8.5 118.0 121.6 121.5 121.3 125.8 135.0 137.5 141.6 150.0 142.1 139.5 136.9 137.2 138.3 138.5 135.2 23.3 14.2 17.5 -11.9 7.4 330.8 339.5 349.3 353.5 372.1 367.9 371.3 376.0 407.6 407.5 418.1 418.9 180.0 186.1 188.3 185.4 183.7 189.7 195.1 200.7 205.2 210.4 217.8 222.7 236.4 245.9 255.0 265.0 -13.5 -10.4 2,596.8 2,601.4 2,626.1 2,640.5 1,559.6 1,566.1 1,582.0 1,587.6 169.9 162.0 166.3 166.0 641.9 647.2 651.7 649.4 747.9 756.9 764.0 772.2 449.5 435.9 435.1 431.4 275.0 276.8 279.2 275.8 1967: 1 II Ill IV 2,657.2 2,669.0 2,699.5 2,715.1 1,600.2 1,620.8 1,629.4 1,639.0 162.8 170.0 168.1 167.8 655.4 659.0 658.8 662.7 781.9 791.8 802.5 808.6 411.7 406.1 424.9 431.8 271.0 269.7 268.8 273.4 1968: 1 II Ill IV 2,752.1 2,796.9 2,816.8 2,821.7 178.2 182.0 189.4 188.5 675.5 683.0 692.9 692.7 819.2 831.9 842.9 853.8 433.0 447.0 442.3 438.0 1969: 1 II Ill IV 2,864.6 2,867.8 2,884.5 2,875.1 1,672.9 1,696.8 1,725.2 1,735.0 1,754.7 1,765.1 1,775.0 1,790.1 192.0 190.9 190.6 189.7 698.7 702,3 703.8 708.0 863.9 871.8 880.6 892.4 1970: 1 II Ill IV 2,867.8 2,859.5 2,895.0 2,873.3 1,800.5 1,807.5 1,824.7 1,821.2 185.2 187.3 188.2 174.2 714.6 714.0 718.0 722.3 1971:1 II Ill IV 2,939.9 1,849.9 2,944.2 1,863.5 2,962.3 1,876.9 2,977.3 1,904.6 3,037.3 1,929.3 3,089.7 1,963.3 3,125.8 1,989.1 3,175.5 2,032.1 193.0 197.8 203.3 211.5 215.9 220.9 225.7 238.3 95.6 96.1 95.3 173.8 176.1 171.7 171.4 1966: 1 II Ill IV State and local 73.8 24.4 152.2 152.4 157.3 162.8 Federal 88.4 89.9 95.0 120.7 118.5 115.0 118.4 108.6 105.3 105.4 1965: 1 II Ill IV Total -7.6 -5.5 155 548.9 550.6 554.5 558.2 561.0 561.8 565.4 566.1 575.7 584.9 595.9 596.3 602.8 609.5 617.6 637.2 Imports -21.8 13.6 164.8 151.6 124.1 174.2 199.3 202.0 226.2 225.2 222.7 214.2 Exports .5 13.9 29.6 7.2 11.6 -15.9 2.6 18.5 16.3 21.3 14.9 16.7 11.2 -51.8 -21.8 -21 4 -25.0 -20.3 -20.5 -13.4 -10.4 -5.6 -1.2 -.9 -6.0 -6.7 -8.4 -7.8 -8.9 2.5 2.7 4.8 4.1 5.7 1.4 2.6 5.4 3.9 5.3 2.2 2.7 5.2 4.1 5.7 2,476.9 2,634.2 2,708.9 2,834.4 2,914.5 2,909.1 3,001.8 3,163.6 3,302.7 3,252.2 2,489.0 2,633.2 2,702.6 2,815.7 2,890.9 5.5 5.9 2.6 4.2 2.7 5.2 5.5 3.0 4.4 2.7 5.9 6.4 2.8 4.6 2.8 5.5 5.8 2.6 4.2 2.7 2,891.6 2,976.0 3,128.8 3,298.6 3,282.4 0 2.9 5.1 5.2 -.6 .7 2.3 5.1 4.7 —4 -.2 3.2 5.4 4.4 0 2.9 5.1 5.4 -.5 -.8 4.9 4.5 4.8 2.5 .6 3.7 4.3 4.8 3.2 -1.6 0 .9 -1.6 282.1 319.3 350.9 353.1 340.1 284.8 303.1 317.0 333.7 341.9 665.8 652.4 653.0 644.2 655.4 209.8 249.7 274.7 300.1 304.1 663.5 659.2 664.1 677.0 689.3 704.2 713.2 723.6 743.8 766.9 813.4 855.4 881.5 886.8 904.4 350.9 361.6 368.6 378.9 392.9 400.8 401.1 401.0 408.4 417.6 419.4 417.4 417.6 423.0 436.0 458.2 482.4 496.6 509.6 528.3 546.3 552.7 2,868.0 2,935.2 3,084.5 3,230.9 3,217.2 232.9 243.4 246.9 270.2 293.5 320.5 326.1 296.7 285.9 305.7 309.2 329.6 364.0 421.6 471.8 510.0 539.4 315.0 290.8 284.4 265.3 262.6 262.7 258.2 263.1 268.6 271.7 3,235.6 3,355.3 3,499.0 3,666.3 3,783.2 3,784.6 3,818.6 3,777.8 3,902.2 4,080.6 4,257.6 4,395.9 4,513.7 4,698.6 4,808.3 4,871.3 4,830.3 3,198.6 3,387.1 3,561.1 3,733.3 3,807.4 3,745.7 3,821.2 3,767.7 3,962.8 4,270.5 4,425.1 4,559.6 4,683.0 4,822.6 4,911.7 3,247.6 3,412.2 3,569.0 3,739.0 3,845.3 3,823.4 3,884.4 3,796.1 3,939.6 4,174.5 4,295.0 4,413.5 4,544.5 4,726.3 4,852.7 4,929.3 4,842.8 4,895.9 4,836.4 1 ,889.4 1,913.1 1,930.3 1 ,928.0 1,947.3 1,964.5 1,962.1 1,977.0 1 ,926.3 1 ,962.5 1,951.1 1,962.4 254.9 257.3 259.5 264.3 209.7 209.8 210.0 209.1 211.9 216.4 220.4 222.9 1,915.1 1,947.7 1,941.8 1 ,953.6 1 ,988.1 1,983.3 1,985.8 1,974.0 263.8 268.3 269.7 278.6 229.9 228.3 231.0 236.5 1,985.9 2,003.5 2,016.7 2,060.2 709 561.8 561.2 923 72.0 77.5 74.7 97.0 97.8 95.3 84.9 88.3 90.5 90.2 98.3 98.7 96.1 91.4 90.7 86.5 90.7 91.4 91.6 92.6 97.4 99.8 476.1 478.2 474.9 471.9 466.8 473.7 479.9 487.2 493.7 496.6 500.7 515.1 91.1 97.3 97.5 94.2 103.1 105.0 106.3 107.6 104.8 107.3 109.5 109.0 109.0 111.5 114.3 116.8 112.7 125.9 126.8 132.4 520.8 524.4 526.0 525.3 528.1 532.9 543.6 540.6 546.4 551.6 549.8 548.4 546.6 559.3 572.1 589.6 286.8 289.1 288.1 285.1 283.4 285.9 290.0 283.4 285.3 285.1 280.5 276.2 272.3 277.8 282.7 295.8 94.4 929.9 941.0 3.9 6.2 3.2 2.9 3.1 3.9 2.5 .8 -1.2 7.0 -1.4 2.3 7.4 -1.0 .4 -2.5 -1.1 3.3 4.6 4.3 3.2 2.7 4.1 2.3 1.3 -.8 5.1 3.6 -.5 4.1 3.6 -.5 3.1 5.9 5.1 4.8 2.0 2.0 -1.4 5.2 7.8 3.6 3.0 2.7 3.0 1.8 .4 -1.8 7.7 -2.3 2.3 5.8 -1.6 -.6 -3.4 -1.1 5.1 4.6 4.8 2.8 -.6 1.6 -2.3 3.8 6.0 2.9 2.8 3.0 4.0 2.7 .9 -1.2 7.0 -1.2 2.5 7.3 -1.0 .5 -2.4 3.4 5.9 6.0 8.4 1.8 3.6 2.7 8.9 3.3 7.0 6.1 8.7 3.5 5.7 6.0 8.4 234.0 2,080.5 2,115.7 235.3 2,111.5 2,133.5 238.0 2,125.2 2,151.5 240.2 2,132.8 2,153.7 244.7 2,149.6 2,181.3 247.0 2,184.6 2,204.7 253.6 2,220.9 2,243.6 257.1 2,243.3 2,256.1 261.1 2,294.2 2,306.5 266.5 2,314.5 2,328.8 269.3 2,343.5 2,354.9 272.2 2,347.6 2,362.1 274.4 2,376.1 2,417.6 281.5 2,419.4 2,447.7 289.5 2,460.9 2,493.3 293.8 2,525.1 2,549.1 297.9 2,560.7 2,608.1 300.2 2.569.3 2,617.4 303.3 2,593.2 2,648.9 310.9 2,594.8 2,662.2 2,117.3 2,140.6 2,157.7 2,157.7 2,187.4 2,215.3 2,253.6 2,271.1 5.4 4.2 3.2 —4 4.0 6.1 2.6 1.4 6.0 3.4 3.4 .4 5.9 5.4 7.1 3.1 3.2 6.7 6.8 4.1 2,329.3 2,347.3 2,375.4 2,380.6 2,429.2 2,462.5 2,503.8 2,560.3 10.4 9.4 3.6 5.1 .7 5.2 4.4 7.2 2.2 9.2 3.9 4.6 1.2 9.7 5.1 7.7 9.3 5.3 4.5 3.2 0 5.6 5.2 7.1 3.1 2,613.9 2,618.5 2,642.8 2,657.9 8.6 .7 3.9 2.2 5.8 1.4 3.8 .2 9.6 1.4 4.9 2.0 8.6 .7 3.8 2.3 2,622.9 2,651.2 2,667.9 2,688.3 2,732.1 2,760.9 2,790.3 2,809.6 2,677.7 2,690.1 2,723.0 2,744.8 2.6 1.8 4.6 2.3 4.4 4.4 2.5 3.1 6.7 4.3 4.3 2.8 2.3 1.9 5.0 3.2 2.5 1.7 4.9 2.2 2,788.8 2,832.6 2,854.2 2,861.8 2,674.3 2,685.5 2,717.9 2,732.9 2,770.3 2,815.6 2,836.0 2,840.7 6.6 6.4 3.1 1.1 5.6 6.7 2.9 .7 2,835.8 2.844.1 2,856.3 2,856.6 2,903.5 2,912.0 2,927.7 2,914.8 2,883.6 2,886.0 2,901.7 2,892.3 6.2 .4 2.3 6.0 1.2 2.2 6.2 .3 2.2 2,862.8 2,851.1 2,880.6 2,877.3 2,903.8 2,893.4 2,929.4 2,909.7 2,885.6 2,877.9 2,913.1 2,889.7 3.8 1.2 1.7 0 c 2,908.0 2,920.5 2,940.3 2,971.8 2,973.8 2,993.0 3,009.3 3,031.1 3,098.5 3,146.7 3,179.7 3,229.4 2,959.8 2,965.4 2,981.3 2,997.5 3,058.4 3,110.5 3,148.4 3,197.8 -7.5 -5.0 -7.8 -5.3 36.1 32.1 32.9 45.7 -11.4 -16.0 -22.8 -21.7 125.2 124.3 125.5 127.9 136.5 140.3 148.3 149.6 599.0 615.4 631.8 643.2 301.1 315.3 328.5 332.3 34.3 17.8 31.6 26.8 -20.5 -21.1 -23.5 -29.7 280.9 275.5 277.7 286.4 138.4 127.0 122.9 109.9 106.4 118.6 124.4 131.6 132.2 135.6 138.1 139.6 20.0 36.0 26.5 12.1 151.6 150.6 151.8 161.0 170.9 173.2 183.6 183.1 665.8 663.2 668.7 673.9 682.9 688.7 686.7 688.8 351.8 347.7 352.0 352.2 356.4 355.9 350.3 349.7 466.2 460.6 471.0 447.4 293.1 293.8 300.9 297.7 144.3 143.2 141.9 131.3 28.9 23.7 28.2 18.5 -36.8 -35.7 -37.4 -40.1 -38.9 -44.1 -43.3 -39.8 131.0 129.5 128.3 131.3 134.2 137.6 146.2 142.9 128.4 154.5 153.1 155.0 167.3 198.6 196.3 194.8 682.6 686.3 681.7 677.3 342.2 343.5 339.3 335.4 326.5 332.8 336.4 339.1 340.4 342.7 342.4 342.0 900.7 906.2 918.5 924.7 431.8 423.6 439.4 424.1 131.9 122.8 129.5 143.2 5.1 8.4 -36.0 -33.9 -34.4 -36.4 157.3 163.3 161.3 163.2 193.3 197.1 195.7 199.6 671.5 662.2 665.3 664.4 724.0 724.9 724.2 729.4 932.9 940.8 949.4 963.7 5.4 -34.0 -48.8 -47.0 -53.8 162.5 162.7 171.0 151.4 978.5 989.6 1,001.6 1,019.8 18.4 24.2 33.1 14.4 -61.2 -57.0 -53.9 -54.0 169.5 166.5 173.9 185.0 196.5 211.5 218.0 205.2 230.7 223.5 227.8 239.0 656.1 653.3 650.4 649.7 734.9 752.7 761.7 774.0 467.8 476.2 482.0 476.8 511.3 527.4 542.1 547.8 294.9 292.5 295.5 284.9 284.9 286.2 285.8 290.3 299.7 306.1 311.4 329.1 326.3 315.1 310.9 307.5 297.7 292.7 289.3 283.6 290.7 290.6 280.3 275.8 345.2 347.1 354.3 356.9 358.4 360.7 361.1 366.1 367.2 365.4 368.2 373.7 657.9 656.0 648.5 649.5 1,990.3 1,982.1 1,979.3 1,962.3 1,978.2 2,012.0 2,041 .9 2,084.9 -.5 1.8 -2.2 -1.5 1,991.1 2,018.9 2,048.4 2,090.1 34.0 23.4 24.6 18.6 31.9 23.8 21.9 2.2 2.7 5.2 4.1 5.6 566.9 622.4 667.9 686.8 682.0 284.8 295.8 306.0 320.8 331.0 355.2 373.0 384.9 377.3 376.1 383.6 388.3 266.4 268.4 265.0 262.8 GNP 1 ,939.6 1 ,982.8 2,037.1 2,143.3 2,231.9 2,358.2 124.5 143.7 153.7 177.7 189.2 196.4 207.8 230.2 244.4 238.4 289.9 304.1 304.1 342.1 427.7 454.6 484.7 507.1 525.7 545.4 Final Gross sales of domesdomestic purtic prod- chases uct GDP 1 ,950.6 1 ,978.5 2,029.3 2,138.6 2,221.4 2,338.1 118.1 125.7 130.0 140.2 147.8 161.3 161.9 173.7 210.3 234.4 4.6 1.1 2.5 1.9 151.1 166.1 174.2 181.0 193.1 197.1 197.6 204.2 1,915.2 1,962.7 2,016.6 2,112.5 2,199.6 2,324.9 2,445.4 2,579.5 2,657.5 2,773.2 2,848.2 Gross national product 101.8 115.4 16.9 15.4 13.9 16.4 14.4 -4.0 Final Gross sales of domesdomes- tic purtic prodchases uct 105.5 107.7 112.9 102.1 103.4 107.3 113.6 112.6 116.8 118.7 105.2 121.0 119.0 127.1 -5.2 -6.1 -1.6 Percent change from preceding pe OQ Government purchases 8.1 7.2 117.6 109.4 110.1 120.6 135.0 142.1 -9.3 116.7 119.1 120.1 125.0 127.3 129.7 131.3 133.0 137.8 140.6 144.8 139.4 1972: 1 II Ill IV Net 1164 1,273.5 1,287.0 1,298.2 1,314.3 1,322.5 1,332.3 1,350.7 1,362.0 1,388.0 1,409.3 1,433.8 1,437.6 1,463.4 1,480.9 1,503.1 1,540.6 1963: I II Ill IV 1964: 1 II Ill IV CBI 194.8 170.2 2,103.8 2,125.7 2,142.6 2,140.2 2,170.9 2,199.5 2,237.6 2,254.5 2,311.1 2,329.9 2,357.4 2,364.0 2,410.1 2,442.8 2,485.5 2,543.8 1962: 1 II Ill IV Residential Net exports 313.9 315.5 316.7 321.7 3,018.9 3,065.5 3,092.7 3,161.0 3.3 4.8 1.1 8.0 5.5 7.2 9.7 5.6 6.7 2.9 .7 -1.3 -1.0 -1.2 5.1 -3.0 4.9 7.5 7.0 10.9 -i!e 4.2 _ E 10.7 3.1 4.9 .9 8.4 5.6 6.9 9.3 -1.8 -1.3 -1.5 -1.4 -1.1 5.1 —2 7 -3.2 9.6 .6 2.5 2.0 4.3 1.7 2.7 4.4 9.1 2.6 2.2 2.9 8.3 7.1 4.8 6.5 6.5 6.3 3.6 9.1 9.2 6.4 4.3 6.4 -.9 5.0 10.1 .8 2.2 2.2 8.4 7.0 5.0 6.4 SURVEY OF CURRENT BUSINESS September 1992 • 43 Table 2.—Gross Domestic Product in Constant Dollars—Continued [Billions of 1987 dollars; quarterly data are seasonally adjusted at annual rates] Personal consumption expenditures Year and quarter GDP Total 1982: 1 || III IV 1983: 1 II III IV 1984: 1 II Ill IV 1985: 1 II Ill IV 1986: 1 II Ill IV 1987: I II Ill IV 1988: I II Ill IV 3,253.3 3,267.6 3,264.3 3,289.1 3,259.4 3,267.6 3,239.1 3,226.4 3,154.0 3,190.4 3,249.9 3,292.5 3,356.7 3,369.2 3,381.0 3,416.3 3,466.4 3,525.0 3,574.4 3,567.2 3,591.8 3,707.0 3,735.6 3,779.6 3,780.8 3,784.3 3,807.5 3,814.6 3,830.8 3,732.6 3,733.5 3,808.5 3,860.5 3,844.4 3,864.5 3,803.1 3,756.1 3,771.1 3,754.4 3,759.6 3,783.5 3,886.5 3,944.4 4,012.1 4,089.5 4,144.0 4,166.4 4,194.2 4,221.8 4,254.8 4,309.0 4,333.5 4,390.5 4,387.7 4,412.6 4,427.1 4,460.0 4,515.3 4,559.3 4,625.5 4,655.3 4,704.8 4,734.5 4,779.7 1989: 1 II Ill IV 4,817.6 4,839.0 4,839.0 4,856.7 1990: I II Ill IV 4,890.8 4,902.7 4,882.6 4,833.8 4,796.7 4,817.1 4,831.8 4,838.5 1973: 1 II Ill IV 1974: 1 II Ill IV 1975: I || III IV 1976: 1 II Ill IV 1977: 1 II Ill IV 1978: 1 II Ill IV 1979: 1 II Ill IV 1980: I II III IV 1981: I II Ill IV 1991: 1 II Ill IV 2,063.9 2,062.0 2,073.7 2,067.4 2,050.8 2,059.0 2,065.5 2,039.9 2,051.8 2,086.9 2,114.4 2,137.0 2,179.3 2,194.7 2,213.0 2,242.0 2,271 3 2,280.8 2,302.6 2,331.6 2,347.1 2,394.0 2,404.5 2,421.6 2,437.9 2,435.4 2,454.7 2,465.4 2,464.6 2,414.2 2,440.3 2,469.2 2,475.5 2,476.1 2,487.4 2,468.6 2,484.0 2,488.9 2,502.5 2,539.3 2,556.5 2,604.0 2,639.0 2,678.2 2,703 8 2,741.1 2,754.6 2,784.8 2,824.9 2,849.7 2,893.3 2,895.3 2,922.4 2,947.9 2,993.7 3,012.5 3,011.5 3,046.8 3,075.8 3,074.7 3,128.2 3,147.8 3,170.6 3,202.9 3,203.6 3,212.2 3,235.3 3,242.0 3,259.5 3,260.1 3,273.9 3,248.0 3,223.5 3,239.3 3,251.2 3,249.0 Durable goods Nondurable goods 253.4 248.2 245.9 239.0 230.9 233.5 235.3 209.1 214.6 218.5 233.3 240.7 254.0 254.4 256.2 261.0 2723 278.1 282.1 287.3 279.0 300.4 295.2 297.0 293.8 285.9 292.4 283.8 279.7 246.3 258.4 266.6 274.4 262.6 271.3 250.0 259.3 258.6 260.0 272.3 274.3 294.0 303.3 319.1 329.6 339.0 337.6 347.7 360.1 364.4 386.4 369.6 378.9 390.2 423.1 415.7 389.4 403.1 417.7 404.7 425.1 426.9 423.8 439.2 435.2 440.2 450.6 436.8 453.5 439.2 437.7 426.6 412.0 411:3 419.4 416.1 780.7 773.7 780.5 776.7 766.3 761.2 760.7 750.9 752.1 767.1 773.5 775.6 789.2 799.3 805.2 811.6 8178 815.7 816.7 829.2 833.5 840.9 848.0 856.9 860.5 856.6 863.5 870.8 869.2 857.4 855.3 859.9 867.3 868.6 867.9 868.1 867.6 867.7 872.7 880.7 885.2 893.8 907.1 915.2 9206 936.2 938.5 942.9 949.2 955.6 961.3 968.7 980.8 990.2 992.3 1,000.9 1,005.6 1,011.3 1,012.9 1,014.6 1,023.5 1,031.0 1,039.3 1,046.8 1,048.1 1,047.0 1,052.6 1,058.9 1,058.3 1,057.1 1,059.1 1,051.6 1,043.0 1,046.3 1,044.8 1,035.6 Services 1,029.7 1,040.1 1,047.3 1,051.6 1,053.6 1,064.3 1,069.5 1,079.9 1,085.0 1,101.3 1,107.6 1,120.6 1,136.1 1,141.0 1,151.6 1,169.4 1,181.2 1,187.0 1,203.8 1,215.1 1,234.6 1,252.8 1,261.3 1,267.7 1,283.6 1,292.8 1,298.7 1,310.9 1,315.6 1,310.4 1,326.6 1,342.8 1,333.8 1,344.9 1,348.2 1,350.6 1,357.1 1,362.6 1,369.8 1,386.2 1,396.9 1,416.1 1,428.6 1,443.9 1 ,453.6 1,465.8 1,478.6 1,494.2 1,515.5 1,529.8 1,545.6 1,557.1 1,562.8 1,567.5 1,578.3 1,595.8 1,616.5 1,632.4 1,645.2 1,655.5 1,679.6 1,690.0 1,707.5 1,716.9 1,720.3 1,725.1 1,732.2 1,746.3 1,747.7 1,763.7 1,777.1 1,769.8 1,768.5 1,781.8 1,787.0 1,797.4 Total 586.8 596.3 580.0 603.6 565.1 554.6 528.5 523.7 419.8 411.3 451.7 467.7 509.4 521.8 519.2 532.1 563.6 602.7 628.3 607.1 625.4 663.6 676.2 693.1 679.0 682.3 666.5 651.1 6504 577.5 544.3 605.5 643.8 627.0 644.5 609.1 553.9 559.5 545.0 503.5 519.7 588.0 620.8 669.5 739.9 760.6 773.1 756.4 732.6 748.4 739.6 763.1 776.4 746.3 711.7 705.9 729.3 735.7 738.4 793.8 756.9 769.4 782.2 785.0 802.9 794.5 769.0 769.5 763.0 770.2 743.1 680.0 646.0 649.5 672.0 676.9 Nonresidential Residential 344.3 357.7 363.1 364.3 364.0 363.3 354.9 343.7 320.7 312.4 315.5 318.5 323.6 324.9 330.8 335.7 351.6 360.5 366.6 378.5 383.1 411.0 423.0 434.3 444.1 442.9 454.7 453.4 4577 430.7 428.2 434.7 444.9 450.9 461.6 462.5 453.6 440.1 424.8 417.2 403.1 407.6 423.0 449.6 463.7 487.2 500.4 509.6 518.8 525.8 517.2 525.5 513.2 500.1 492.5 495.5 481.1 490.7 508.6 510.6 517.7 531.4 535.2 538.8 539.5 542.2 541.8 536.7 544.8 535.6 542.9 529.3 507.0 503.0 498.7 492.1 211.2 200.5 192.1 182.6 169.3 161.5 156.0 135.6 31.3 38.1 24.8 56.7 31.9 29.8 17.6 44.4 -5.3 -4.5 -9.2 127.0 129.4 138.2 144.3 159.0 163.6 161.2 181.8 187.1 207.9 207.7 204.8 206.3 215.6 217.9 218.2 -28.0 -30.6 23.3 32.7 18.4 18.2 36.0 36.9 35.3 40.6 -27.8 -25.2 -22.5 -35.9 -46.8 -26.5 -26.9 -19.2 213.2 209.8 206.7 199.7 21.7 29.7 -17.3 -20.4 1856 150.4 153.4 170.0 166.2 160.2 147.3 132.5 124.8 120.8 119.5 131.2 150.1 170.5 185.7 190.6 196.4 202.4 199.7 198.8 199.0 198.9 202.7 207.4 215.0 228.0 231.3 230.5 225.7 227.7 224.3 223.3 220.0 222.0 223.5 225.3 222.2 215.4 211.2 208.0 210.7 201.8 189.1 177.5 164.1 166.9 172.6 177.3 CBI -2.0 4.9 26.9 33.3 27.2 14.7 24.9 34.3 54.0 23.8 5.0 -2.0 7.1 Net ^9.7 -36.6 -26.1 -23.9 2.6 2.8 -6.2 -8.3 -13.7 -7.3 2.8 -37.2 .8 11.1 33.1 47.0 31.5 32.6 15.8 35.7 14.1 29.0 27.9 20.9 10.0 -3.6 -24.4 -1.5 .7 -44.9 -33.5 9.9 12.1 29.3 79.9 71.0 73.0 47.9 14.8 23.7 19.8 30.2 48.1 18.2 -12.0 -20.1 22.5 17.3 5.4 59.9 19.2 16.1 23.5 20.9 41.2 36.9 16.0 24.9 7.5 32.8 11.2 -26.8 -25.1 -20.4 .6 7.5 NOTE.—GDP=Gross domestic product; CBUChange in business inventories; GNP=Gross national product Net exports Gross private domestic investment 3.5 3.5 -17.7 -19.0 -28.0 -45.9 -67.0 -83.7 -108.4 -121.0 -127.2 -131.4 -127.1 -149.2 -149.6 -155.4 -143.1 -157.1 -164.3 -156.0 -150.0 -146.3 -139.8 -136.0 -113.4 -98.1 -101.9 -102.7 -79.8 -70.0 -77.5 -67.4 -58.4 -56.9 -59.3 -32.7 -17.9 -17.4 -31.6 -20.5 Exports Imports 200.7 209.2 212.4 219.0 229.0 240.2 230.4 237.8 233.9 227.7 229.7 240.2 238.9 239.9 246.4 248.4 244.0 250.8 250.5 242.1 248.7 271.6 274.5 286.0 286.5 284.9 292.9 309.9 250.3 245.9 238.5 242.9 234.3 244.7 239.6 235.1 210.7 195.0 211.4 222.0 236.0 246.1 254.7 262.1 271.8 276.0 273.0 277.9 295.6 298.1 301.4 305.2 303.8 305.3 300.2 307.1 3196 3085 290.0 273.1 287.9 299.0 304.1 302.3 311.1 323.0 320.1 319.5 328.1 332.0 323.3 321.1 306.1 306.5 293.9 280.4 282.5 283.7 286.1 291.5 298.0 303.9 308.2 312.8 310.9 309.8 304.3 312.0 320.9 323.9 330.6 • 342.9 342.1 356.5 371.5 386.1 407.1 417.2 424.1 438.2 454.5 472.0 472.9 487.7 500.2 508.7 508.4 522.6 515.9 536.1 544.2 561.4 Percent change from preceding neriod Government purchases 302.6 302.9 311.5 299.4 310.5 329.5 353.1 375.1 406.3 424.9 435.4 444.2 438.1 459.0 454.0 467.4 464.0 480.9 494.9 498.9 492.1 502.7 511.3 522.1 520.5 515.2 526.1 540.9 534.3 541.9 550.5 555.0 558.6 565.6 567.7 555.3 533.8 553.5 575.8 581.8 Total 652.3 645.9 636.8 642.0 648.8 658.6 654.2 660.1 659.2 659.5 665.4 669.7 665.1 658.9 657.0 655.9 659.2 666.7 666.0 664.3 666.1 675.9 681.8 684.1 681.2 687.0 693.6 695.3 7047 707.9 701.9 702.2 712.2 713.4 711.7 715.5 714.7 719.2 724.6 735.9 735.3 740.4 751.5 748.1 754.1 763.3 766.0 784.3 791.5 805.8 825.7 830.5 834.9 850.6 871.6 864.8 869.1 879.0 884.9 893.0 883.7 885.6 883.7 894.5 890.8 902.3 912.2 912.6 926.8 929.4 924.8 938.5 945.1 945.6 940.2 933.1 Federal 276.9 270.0 256.8 257.7 260.0 264.0 260.1 266.2 262.0 261.5 262.6 264.6 258.6 258.1 257.7 258.2 2594 264.2 264.3 264.3 263.5 270.4 270.3 270.1 270.4 269.9 273.5 272.9 281.0 288.2 285.6 284.4 290.6 297.3 297.5 297.9 299.5 301.6 307.0 316.0 315.5 319.2 326.3 322.2 323.8 329.6 328.7 341.7 343.4 350.0 363.5 363.7 359.4 369.7 385.5 377.5 376.8 384.5 386.8 391.6 379.7 377.2 373.7 378.4 370.1 376.9 381.5 376.1 383.4 385.4 378.3 387.3 394.1 393.8 387.2 378.2 State and local 375.3 375.9 380.0 384.2 388.8 394.6 394.1 393.9 397.1 398.0 402.8 405.1 406.5 400.8 399.3 397.7 399.9 402.5 401.7 400.0 402.6 405.4 411.5 414.0 410.8 417.1 420.1 422.4 4237 419.7 416.2 417.8 421.6 416.2 414.2 417.5 415.2 417.6 417.6 419.9 419.8 421.2 425.3 425.9 430.4 433.7 437.3 442.6 448.1 455.8 462.2 466.7 475.4 480.9 486.0 487.3 492.3 494.6 498.1 501.4 503.9 508.3 510.0 516.1 520.7 525.4 530.7 536.5 543.4 544.0 546.5 551.2 551.0 551.8 553.0 554.9 Final Gross sales of domesdomes- tic purtic prod- chases uct 3,222.0 3,303.0 3,229.5 3,304.2 3,239.6 3,290.4 3,232.4 3,313.0 3,227.6 3,264.7 3,237.8 3,272.1 3,221.4 3,248.3 3,182.0 3,223.7 3,181.9 3,130.7 3,221.0 3,157.7 3,251.8 3,231.5 3,287.7 3,274.4 3,329.8 3,353.8 3,335.9 3,375.4 3,353.7 3,389.3 3,401.6 3,430.0 3,441 5 3,494.1 3,4907 3,550.2 3,520.4 3,596.9 3,543.4 3,603.0 3,555.8 3,638.6 3,670.1 3,733.5 3,700.3 3,762.5 3,739.0 3,798.8 3,759.1 3,798.1 3,754.6 3,804.7 3,802.5 3,814.8 3,816.7 3,811.9 3,823.7 3,819.7 3,736.2 3,699.5 3.770.7 3,686.5 3,807.7 3,776.9 3,827.9 3,831.5 3,828.6 3,816.5 3,828.8 3,843.6 3,789.0 3,793.1 3,780.6 3,752.6 3,772.6 3,767.6 3,753.7 3,772.1 3,804.5 3,778.6 3,817.0 3,811.5 3,876.6 3,932.3 3,932.3 4,011.4 3,982.8 4,095.8 4,009.6 4,197.9 4,073.1 4,265.0 4,093.5 4,293.6 4,146.2 4,325.5 4,207.1 4,349.0 4,231.0 4,404.0 4,289:2 4,458.6 4,303.3 4,488.9 4,342.4 4,533.6 4,369.5 4,544.7 4,424.7 4,577.0 4,447.2 4,583.1 4,437.5 4,610.0 4,497.9 4,661.6 4,553.9 4,699.1 4,565.6 4,761.5 4,636.2 4,768.7 4,688.7 4,802.8 4,710.9 4,836.4 4,758.7 4,882.4 4,776.3 4,802.0 4,823.0 4,831.8 4,883.3 4,870.0 4,871.4 4,860.6 4,821.8 4,837.4 4,831.2 4,830.9 4,897.3 4,908.9 4,916.5 4,924.1 4,949.2 4,959.7 4,941.9 4,866.5 4,814.6 4,834.4 4,863.4 4,858.9 Gross national product 3,279.4 3,295.6 3,297.2 3,322.1 3,298.4 3,304.4 3,272.2 3,254.6 3,177.4 3,213.9 3,275.5 3,323.6 3,386.8 3,400.5 3,412.7 3,448.9 3 503.9 3i561.8 3,610.8 3,599.3 3,629.1 3,737.9 3,769.8 3,819.3 3,821.2 3,829.8 3,862.0 3,868.3 38846 3,782.3 3,780.5 3,846.2 3,901.6 3,882.8 3,904.9 3,848.5 3,793.0 3,810.3 3,789.4 3,791.7 3,816.5 3,916.7 3,978.8 4,046.6 4,119.1 4,169.4 4,193.0 4,216.4 4,238.1 4,270.5 4,321.8 4,349.5 4,406.4 4,394.6 4,422.3 4,430.8 4,463.9 4,517.8 4,563.6 ; 4,633.0 4,667.1 4,710.3 4,738.7 4,789.0 4,830.7 4,851 .6 4,853.4 4,875.1 4,907.8 4,915.5 4,898.9 4,861.4 4,822.0 4,831.8 4,843.7 4,848.2 GDP 10.2 1.8 -.4 3.1 -3.6 1.0 -3.4 -1.6 Final Gross sales of domesdomes- tic purtic prodchases uct ' 7.9 .9 1.3 -.9 -.6 1.3 -2.0 -4.8 9.4 .1 -1.7 2.8 -5.7 .9 4.8 5.8 3.4 2.6 2.8 1.4 4.0 -9.9 .1 8.3 5.6 -1.7 2.1 -6.2 -4.9 1.6 -1.8 .6 2.6 11.3 6.1 7.0 7.9 5.4 2.2 2.7 2.7 3.2 5.2 2.3 13.5 3.3 4.2 2.2 -.5 5.2 1.5 .7 -8.8 3.7 4.0 2.1 .1 0 -4.1 -.9 -.8 -2.0 5.5 1.3 6.4 5.9 5.2 2.7 6.5 2.0 5.2 6.0 2.3 5.6 1.3 3.7 2.5 5.1 2.0 5.4 -.3 2.3 1.3 3.0 5.1 4.0 5.9 2.6 4.3 2.5 3.9 -.9 5.6 5.1 1.0 6.3 4.6 1.9 4.1 3.2 1.8 0 1.5 1.5 2.2 1.8 .7 2.8 1.0 -1.6 -3.9 -3.0 1.7 1.2 .6 4.3 -1.1 .1 -.9 -3.2 1.3 -.5 0 .7 -9.2 6.0 6.9 5.7 -.8 3.1 4.8 .1 .4 2.5 .7 17 -2.8 -11.0 3.5 9.7 5.4 2.6 1.7 4.9 77 6.6 5.4 .7 13.5 2.0 .2 3.1 -3.8 -2.1 8.0 1.5 1.4 4.2 4.7 7.7 5.3 10.6 -2.9 -3.0 0 5.0 3.9 4.5 5.2 .7 2.2 5.8 -8.7 GNP 10.1 10.8 3.1 3.9 -.1 .7 1.1 -.3 .8 -12.0 -1.4 10.2 5.9 -1.6 2.9 -5.2 -4.2 1.6 .5 .7 3.5 13.3 8.3 8.7 10.4 6.5 2.7 3.0 2.2 5.2 5.1 2.7 4.0 1.0 2.9 .5 2.4 4.6 3.3 5.4 4.7 7.9 6.0 7.8 1.6 1.4 4.3 6.5 6.8 5.6 -1.3 3.4 12.5 3.5 5.4 .2 .9 3.4 .7 17 -10.1 -.2 7.1 5.9 -1.9 2.3 -5.7 -5.6 1.8 -2.2 .2 2.6 10.9 6.5 7.0 7.4 5.0 2.3 2.3 2.1 3.1 4.9 2.6 5.3 -1.1 2.5 .8 .6 2.9 2.8 3.9 3.0 4.9 4.1 6.2 3.0 3.8 2.4 4.3 1.2 1.0 .6 .6 3.5 1.7 .1 1.8 2.1 .9 2.7 .6 -1.4 -6.0 -1.3 -3.0 -4.2 -3.2 1.7 2.4 -.4 .8 1.0 .4 SURVEY OF CURRENT BUSINESS 44 • September 1992 Table 3.—Price Indexes and the Gross Domestic Product Implicit Price Deflator [Index numbers, 1987=100; quarterly data are seasonally adjusted] Percent change from preceding period Fixed-weighted price indexes Year and quarter Personal consumption expenditures GDP Total Durable goods Nondurable goods Government purchases Fixed investment Exports Services Total Nonresidential Imports Total Residential Federal Final sales of domesState and tic product GDP IPD FWPI GDP local PCE 1959 30.4 54.4 31.4 23.9 25.0 24.6 28.6 21.5 25.6 1960 54.1 31.8 32.0 32.1 32.5 32.8 24.5 25.0 25.3 25.7 26.1 25.1 25.1 25.0 24.7 24.9 25.1 25.5 26.3 26.8 27.3 29.0 29.3 30.0 30.6 31.3 22.1 22.5 23.4 23.8 24.2 26.0 26.3 26.9 27.2 27.7 1.3 .8 .6 .9 1.1 25.5 26.4 27.2 28.6 30.6 27.9 29.0 30.2 31.8 33.7 32.0 32.8 33.9 35.6 37.4 24.8 26.0 27.4 28.4 29.4 1.0 1.8 2.6 3.8 3.8 36.2 38.6 41.1 43.7 40.2 1963 1964 30.8 31.1 31.3 31.6 31.9 1965 1966 1967 1968 1969 32.2 32.8 33.7 35.0 36.3 52.1 51.3 51.8 53.1 54.2 33.3 34.3 35.1 36.5 38.1 26.7 27.4 28.3 29.6 30.7 1970 1971 1972 37.9 39.5 40.8 42.7 46.7 55.1 56.7 57.1 39.9 41.1 42.4 32.4 31.7 57.8 61.0 45.3 51.3 34.3 35.9 37.4 33.5 35.5 38.6 42.7 50.5 53.3 56.7 60.7 66.0 69.1 71.7 75.2 55.3 57.5 60.8 64.7 43.7 46.9 50.5 54.6. 46.7 49.7 54.7 61.4 65.8 80.0 71.3 59.0 84.8 88.1 91.1 72.6 78.9 83.2 86.7 89.9 84.7 89.5 92.4 93.7 94.9 79.6 86.0 88.8 91.1 93.7 65.3 71.9 77.4 82.4 86.4 95.6 94.8 94.7 100.3 94.3 97.0 93.3 96.1 96.0 97.1 96.2 96.1 90.9 95.8 100.0 103.9 108.6 100.0 104.3 109.5 100.0 102.0 104.5 100.0 103.8 109.5 113.5 118.1 115.3 120.4 106.3 108.9 30.3 30.4 54.2 54.4 54.4 54.4 31.6 30.6 30.8 30.9 31.0 54.3 54.3 54.1 31.6 31.8 24.2 24.4 31.9 53.8 '32.0 24.6 24.8 31.1 31.1 53.9 53.9 53.9 53.7 32.0 31.9 32.0 31.9 24.9 24.9 31.3 31.3 31.4 53.5 53.4 53.3 53.1 32.0 32.1 || 31.4 31.5 53.0 53.0 III IV 31.6 31.7 53.1 53.2 31.8 31.9 31.9 32.0 1965' I 1966' I 1961 1962 1973 1974 1975 1976 1977 1978 1979 .. .. 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 53.8 53.4 53.1 53.1 40.3 46.9 42.9 46.0 48.4 50.2 30.3 31.8 33.4 28.9 30.8 33.1 35.3 37.3 40.1 44.3 35.2 37.1 38.8 41.3 44.9 4.4 4.4 3.3 4.6 9.3 49.2 52.3 55.9 60.3 65.5 8.1 5.6 6.4 7.0 8.5 54.6 57.3 60.4 64.1 68.2 51.4 54.4 57.7 61.7 66.8 68.9 48.9 52.1 55.7 59.9 65.1 98.3 96.8 75.3 81.3 85.3 87.3 89.8 73.3 79.6 85.0 88.5 92.2 75.2 82.3 88.5 92.2 95.6 71.9 77.6 82.3 85.5 89.6 95.7 97.9 97.3 98.8 92.1 95.8 98.2 97.3 94.6 93.8 95.4 97.9 99.0 93.5 96.5 94.4 97.6 97.0 96.9 100.0 105.1 110.7 100.0 103.3 106.3 100.0 102.8 105.6 100.0 104.3 107.8 100.0 105.7 108.2 100.0 105.4 108.5 100.0 103.7 107.9 100.0 102.8 107.1 100.0 104.3 108.6 100.0 104.0 108.7 116.2 120.5 116.9 123.1 109.1 110.8 108.3 110.4 110.8 111.8 110.1 112.4 112.6 113.7 113.6 118.2 31.2 31.3 31.5 23.8 100.4 101.2 99.7 97.7 96.8 99.9 84.9' 88.2 91.2 71.7 78.9 83.8 87.2 91.0 10.3 3.9 3.4 8.6 5.4 4.3 3.7 100.0 103.9 108.5 3.5 2.8 3.1 3.9 4.4 3.8 3.0 4.1 4.3 4.9 113.2 117.8 4.5 4.0 5.3 4.4 94.4 112.5 116.5 112.0 116.7 112.9 116.4 24.9 25.0 25.0 25.0 24.4 28.4 24.5 24.6 24.7 28.5 28.7 28.7 21.3 21.4 21.5 21.6 25.6 25.7 25.8 1.0 1.8 1.4 25.0 25.1 25.1 25.1 24.9 25.0 25.2 25.3 28.8 28.8 29.2 29.2 21.9 22.0 22.1 22.3 26.0 26.0 26.1 26.0 .4 2.1 1.6 1.0 25.1 25.1 25.1 25.0 25.2 25.5 25.5 25.7 29.1 29.3 29.3 29.4 22.2 25.0 25.1 26.1 26.2 26.4 .8 -.1 .9 25.1 25.0 25.0 32.3 25.5 24.9 26.1 26.2 26.3 26.5 29.8 29.8 29.9 30.4 23.3 23.4 23.4 23.4 26.7 26.8 322 25.1 25.3 25.4 26.9 27.0 .5 1.4 .8 .8 32.3 32.4 24.9 24.8 24.5 24.7 26.7 26.7 26.8 27.0 30.5 30.6 30.5 30.9 23.7 23.7 32.5 32.6 25.6 25.7 25.8 25.9 27.1 27.1 27.2 27.4 .5 .6 1.6 1.2 53.3 53.1 53.0 52.8 32.8 32.8 32.8 32.9 26.0 26.1 26.2 26.3 24.4 24.8 24.9 25.4 27.1 27.3 27.4 27.5 30.9 31.2 31.4 31.5 24.1 24.2 24.3 24.4 27.5 27.6 27.7 27.9 1.6 .4 .8 1.0 32.1 32.2 32.3 32.3 52.8 52.5 52.0 51.3 33.1 33.3 33.4 33.5 26.5 26.6 26.7 26.9 25.3 25.4 25.3 26.0 27.6 27.7 28.0 28.3 31.6 31.7 32.1 32.4 24.5 24.7 24.8 25.1 28.2 28.3 28.5 28.7 1.3 1.2 .8 .2 32.5 32.7 33.0 33.2 51.1 51.2 51.4 33.9 34.1 34.4 25.7 26.5 26.4 28.6 51.5 34.6 27.0 27.2 27.5 27.8 32.5 32:8 32.9 33.1 25.5 25.8 26.2 26.5 29.0 29.3 29.5 29.9 2.0 2.8 3.2 3.0 33.3 33.5 33.8 34.1 51.5 51.6 51.9 52.4 34.8 34.9 35.3 35.5 28.0 28.2 27.0 27.0 27.2 29.8 30.0 30.3 30.8 33.4 33.7 34.0 26.9 27.2 27.5 30.0 30.1 30.4 34.6 27.8 30.8 1.7 2.1 3.6 3.5 34.5 34.8 35.1 35.5 52.7 52.9 53.2 35.9 36.3 36.7 29.1 29.4 29.7 28.2 28.4 28.4 37.1 30.0 29.5 35.0 35.3 36.0 36.4 28.3 28.7 29.0 53.6 31.2 31.5 32.0 32.5 31.2 31.6 32.0 32.4 4.2 4.0 3.8 3.7 35.7 37.4 30.2 30.1 32.8 36.6 29.9 32.7 36.1 36.5 36.8 53.8 54.2 54.3 54.6 37.9 38.4 30.5 30.7 31.2 33.3 34.0 34.5 36.9 37.8 38.2 30.5 31.0 31.6 33.2 33.7 38.8 30.5 30.9 31.3 34.0 2.9 4.4 4.1 4.4 1970' I 37.3 37.6 38.0 38.6 54.6 54.8 55.1 55.9 39.3 39.8 40.1 40.5 31.7 32.1 32.5 33.1 31.1 32.3 31.5 31.8 35.3 35.9 36.5 37.0 39.3 39.9 40.5 40.9 32.2 32.8 33.4 34.5 35.1 35.3 35.7 4.4 4.2 4.2 5.8 1971- 1 39.0 39.4 56.6 56.9 56.8 40.6 41.0 41.3 33.6 34.1 32.6 33.3 33.9 34.4 37.8 38.4 42.0 42.6 43.2 34.6 35.2 36.4 4.0 4.7 3.8 2.2 34.9 35.0 35.6 40.4 45.3 40.8 41.2 36.6 42.0 45.6 46.0 47.0 1990 1991 1959- | || III 30.5 30.6 IV 1960' I || Ill IV 196V I . || . Ill IV 1962- 1 || III IV 1963' I 1964' I II III IV II III IV H III IV 1967' I || III IV 1968' I II III IV 1969' I II III IV || III IV II III IV 31.1 31.1 31.2 23.9 24.0 24.1 28.5 28.7 56.5 41.6 34.6 35.0 II 40.4 40.7 56.9 57.1 42.0 35.4 HI IV ..."'. 41.0 41.3 57.3 57.1 42.2 42.5 43.0 36.0 36.4 1972' I 39.8 40.0 35.7 26.9 27.7 28.9' 29.1 29.4 38.9 39.4 43.9 25.4 22.5 22.6 22.8 23.9 24.0 29.5 33.9 35.6 35.9 36.6 37.0 37.6 38.2 26.5 ZIII 37.0 37.4 37.7 38.2 38.6 39.0 39.6 4.4 2.2 3.2 3.1 September 1992 • SURVEY OF CURRENT BUSINESS 45 Table 3.—Price Indexes and the Gross Domestic Product Implicit Price Deflator—Continued [Index numbers, 1987=100; quarterly data are seasonally adjusted] Percent change from preceding period Fixed-weighted price indexes Year and quarter Personal consumption expenditures GDP Total 1973' I . ... Durable goods Fixed investment Services || 41.7 42.4 57.4 57.7 43.6 44.8 36.6 37.1 III IV 43.0 43.8 57.9 58.1 45.8 47.0 44.9 46.1 47.3 48.5 58.6 59.8 61.9 63.6 49.0 50.7 49.4 50.0 50.9 51.7 64.5 65.7 66.3 67.3 1976' I If Ill 52.3 52.8 53.7 68.1 68.7 69.4 IV 54.5 55.4 56.3 57.2 58.0 1974- I II Ill IV 1975: 1 || III IV • 19771 1 || Ill IV 1978: 1 II . ... III .. IV 1979: 1 II III ... . IV 1980: 1 || Ill . IV 1981' I II III IV Government purchases Exports Non- durable goods Total Nonresidential Total Residential 42.8 43.4 37.7 38.3 37.1 38.1 39.3 40.0 39.1 39.9 40.8 41.6 41.0 42.0 43.3 44.5 54.7 55.7 42.6 43.3 44.1 56.5 44.9 45.6 46.4 46.9 47.7 45.6 46.3 47.3 48.2 48.0 49.4 70.3 56.7 57.0 57.7 58.4 70.9 71.2 71.8 72.7 59.4 60.5 61.3 61.9 49.1 50.0 51.0 51.9 52.4 58.9 60.2 61.3 62.3 73.5 74.6 75.9 77.0 62.8 64.2 65.4 66.5 53.0 54.1 55.2 56.2 58.7 60.6 62.4 63.9 63.6 65.1 66.6 68.1 78.3 79.8 80.4 81.4 68.2 70.3 72.4 57.1 58.2 59.6 61.1 70.1 71.8 73.5 75.0 82.9 84.2 85.4 - 80.5 86.5 82,2 62.8 64.5 66.2 67.8 76.9 78.2 79.6 80.8 87.5 89.0 84.6 85.7 90.2 91.2 86.6 91.8 92.4 88.0 88.2 89.4 52.1 53.5 54.4 74.2 77.0 78.8 87.3 43.3 44.2 45.5 46,6 50.4 54.1 50.9 51.6 52.6 54.0 54.4 55.7 47.4 48.5 49.3 50.2 48.0 48.7 49.7 53.3 54.1 54.4 56.2 57.1 57.1 51.1 51.9 52.4 51.2 51.8 52.6 55.7 59.0 53.1 53.6 4.4 4.3 6.6 6.4 56.3 57.2 59.2 59.8 60.6 62.1 54.1 54.3 55.4 56.4 57.4 6.7 6.8 6.2 5.8 60.1 61.1 62.1 63.5 62.7 63.4 58.1 59.2 60.4 61.6 58,2 59.7 60.9 62.2 6.7 8.8 7.6 7.1 65.1 67.3 69.6 71.0 64.6 65.8 67.3 69.3 66.9 67.9 69.2 71.6 62.8 64.2 65.9 67.5 63.5 64.8 66.3 67.6 8.1 9.7 9.5 9.5 72.9 74.5 76.2 77.7 71.0 72.6 73.7 72.9 74.4 76.1 69.5 71,3 72.7 74.1 69.2 70.8 72.5 74.4 12.5 10.1 74.9 78.7 79.7 80.7 77.6 78.9 80.0 79.9 81.2 82.3 82.9 82.0 85.6 75.8 77.0 78.3 79.2 76.5 77.9 79.7 81.4 10.4 81.8 83.3 84.6 86.8 88,2 80.5 81.7 53.9 55.5 57.1 58.1, 59.5 99.4 99.4 85.5 86.7 88.8 90.4 82.9 83.8 99.5 99.4 99.6 97.9 98.0 97.7 97.3 87.5 88.2 88.8 89.3 91.5 92.2 92.7 92.7 84.4 85.1 85.9 86.7 97.5 97.5 96.2 96.0 90.8 91.6 92.6 93.9 94.3 94.7 95.7 97.7 94.0 96.0 94.3 95.1 95.5 96.9 97.5 97.3 96.7 97.6 96.0 92.5 93.0 93.7 98.7 99.4 98.3 99.8 100.7 100.4 101.5 101.8 102.5 103.0 104.0 105.3 106.1 106.7 107.3 114.3 116.0 117.8 119.5 121.2 122.5 123.8 125.1 97.8 97.6 94.5 94.4 94.7 95.1 97.0 96.6 96.7 97.0 89.1 89.3 90.1 90.8 100.0 100.6 93.8 94.4 85.0 85.8 86.9 87.9 95.8 95.9 96.0 96.3 95.2 96.0 96.4 97.2 89.0 90.1 91.4 92.9 95.2 95.3 95.8 96.4 96.8 97.0 97.5 97.9 91.6 91.5 92.1 93.1 98.5 98.5 97.8 97.9 94.1 94.1 95.4 95.5 96.3 97.1 96.4 96.6 97.4 97.9 97.0 95.4 95.9 96.3 94.2 95.3 96.3 97.3 96.9 97.5 98.2 98.0 98.5 99.2 99.5 94.5 95.1 96.1 97.3 98.4 99.5 98.9 99,6 98.4 98.3 99.3 99.4 99.7 100.5 101.5 100.5 101.9 100.0 101.0 99.6 99.8 99.9 101.8 103.0 104.6 105.7 103.0 104.5 105.9 107.2 102.2 102.9 103.4 104.5 103.8 104.2 104.8 105.2 107.1 109.7 110.1 111.0 108.7 109.9 111.3 112.8 113.0 114.2 116.0 118.0 105.9 106.1 106.4 106.9 113.7 114.6 117.0 119.8 119.0 119.9 120.8 121.8 107.8 108.6 109.5 109.8 119.8 120.3 120.6 121.3 89.7 90.9 91.7 1984: 1 II Ill IV 90.0 90.6 91.4 94.5 94.9 95.0 95.2 93.0 93.4 92.3 88.9 89.5 90.3 91.0 1985: 1 II Ill IV 93.2 93.9 94.6 95.5 91.9 92.8 93.7 94.8 1986: 1 II III IV 96.0 96.6 97.3 98.0 1987: 1 II Ill IV 98.9 99.5 100.4 101.3 100.5 101.6 100.5 101.1 1988: 1 II Ill IV 102.2 103.3 104.7 105.6 102.3 103.6 105.0 106.2 100.9 101.5 102.4 103.3 1989' I II Ill IV 106.9 108.2 109.2 110.1 107.5 109.1 110.0 111.2 1990: 1 II ||| IV 111.6 112.9 114.2 115.3 1991:1 || III IV 116.7 117.7 118.6 119.3 89.7 92.0 99.6 64.3 65.9 84.1 10.8 11.0 10.7 10.1 8.1 4.8 7.2 6.6 50.5 55.1 56.1 57.4 103.4 101.7 100.3 86.9 86.9 87.3 88.0 93,1 93.3 93.9 94.5 50.6 51.5 101.0 100.9 100.1 99.2 98.4 85.3 86.3 87.3 88.2 3.7 6.9 6.4 7.3 42.2 43.5 45.0 46.3 95.4 94.8 94.5 94.6 92.6 92.6 87.0 87.7 88.5 89.3 PCE 49.1 49.7 80.7 81.7 82.9 84.2 83.8 84.7 1983: 1 || III IV GDP 45.2 46.2 47.5 48.6 44.0 44.6 101.5 100.4 81.8 82.5 FWPI GDP IPD 40.1 40.8 41.6 42.6 96.1 95.6 95.4 95.4 83.4 84.3 85.4 86.3 Final sales of domestic product 39.0 39.8 40.4 41.1 50.2 51.1 69.6 70.9 72.8 74.2 Federal State and local 47.6 48.0 48.8 49.2 75.5 76.6 78.2 79.6 1988: 1 II til IV 83.5 84.3 85.4 82.3 83.4 9.2 9.0 6.9 7.5 6.1 4.7 3.7 6.3 4.2 86.3 84.3 85.0 4.3 5.3 4.1 87.1 87.8 88.5 89.4 86.0 86.6 87.5 88.4 3.6 3.1 3.7 3.8 3.1 4.6 4.7 4.2 88.2 89.2 90.1 91.1 90.1 90.7 89.7 90.6 91.6 92.3 3.3 2.7 3.6 3.7 3.5 2.7 3.3 3.4 97.0 97.6 97.6 99.4 92.2 93.2 93.9 94.9 93.2 94.0 94.7 95.6 93.3 94.0 94.6 95.5 3.9 3.3 3.0 3.8 4.2 3.8 3.8 4.8 97.1 97.3 97.7 98.3 99.1 99.0 99.0 99.0 95.5 95.9 96.7 96.1 96,6 97.3 98.0 96.0 96.5 97.2 98.0 2.2 2.4 2.8 3.1 2.7 .3 3.5 3.2 96.8 99.6 99.0 99.7 99.7 98.8 99.5 98.8 100.1 101.8 100.8 102.8 100.4 101.0 100.0 100.1 100.2 98.5 99.4 100,6 101.5 100.3 101.3 100.3 101.2 3.4 2.8 3.3 3.6 5.6 4.4 4.3 4.5 103.3 103.9 104.5 105.4 103.0 105.6 107.1 107.0 104.0 106.0 105.0 106.4 102.4 103.3 104.1 104.9 101.9 102.6 103.0 103.7 102.8 103.8 104.9 105.8 102.2 103.3 104.7 105.7 102.1 103,2 104.5 105.5 3.6 4.5 5.4 3.7 2.7 5.2 5.3 4.6 104.7 105.3 106.0 106.6 106.6 107.8 108.2 108.8 108.1 108.5 108.1 108.1 108.3 109.4 107.9 108.7 106.7 107.6 108.2 109.2 106.1 106.8 107.3 108.3 107.2 108.2 109.0 109.8 107,0 108.2 109.2 110.2 106.9 108.1 109.1 110,1 5.0 4.7 3.7 3.6 5.2 5.9 3.5 4.3 108.2 108.6 109.4 110.0 107.3 107.7 108.6 109.4 110.2 110.6 111.3 111.2 108.9 109.2 110.3 111.8 110.9 109.3 112.6 118.5 110.9 111.7 113.0 114.4 110.4 111.2 112.6 113.9 111.2 112.1 113.3 114.8 111.7 113.0 114.3 115.4 111.3 112.6 113.9 115.0 5.4 4.6 4.7 4.1 6.4 4.4 6.4 6.8 110.5 110.6 111.2 111.1 110.1 110.2 110.6 110.7 111.4 111.6 112.5 111.9 112.4 112.3 112.1 112.8 115.4 113.0 112.8 113.7 115.5 116.0 116.9 117.7 115.5 115.9 116.9 118.3 115.5 116.2 116.9 117.2 116.8 117.8 118.7 119.4 116.5 117.5 118.2 118.9 4.7 3.5 3.0 2.4 3.4 3.3 3.0 3.1 98.8 99.8 99.6 85.1 85.8 86.2 NOTE.—GDP=Gross domestic product; PCE=Personal consumption expenditures; IPD=lmplicit price deflator; FWPI=Fixed-weighted price index. Imports 100.3 99.8 99.3 97,8 91.5 92.3 99.5
@FedFRASER