View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

SURVEY OF CURRENT BUSINESS

April 1995

NATIONAL INCOME AND PRODUCT ACCOUNTS
Selected NIPA Tables
New estimates in this issue: "Advance" estimates for the first quarter of 1995.
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.) These tables 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. For order information, write to the National Income and
Wealth Division .(BE-54), Bureau of Economic Analysis, Washington, DC 20230 or call (202) 606-9700.
Tables containing the estimates for 1929-87 are available in the two-volume set National Income and Product
Accounts of the United States', see inside back cover for order information. For 1988-93, the complete official
time series of NIPA estimates can be found as follows:
1988

1989

1990

1991-93

NIPA *St Vol 2

July 1992 SURVEY

Auc 1993 SURVEY
Sept. 1993 SURVEY

July 1994 SURVEY

Tables 1.15, 1.16, and 7.15
Tables 3.15-3.20 and 9.1-9.6 ...

Sept. 1992 SURVEY

Sept. 1994 SURVEY

Tables 7.1, 7.2, 7.3, and 8.1 ... .

Aug. 1994 SURVEY

Aug. 1994 SURVEY

Aug. 1994 SURVEY

Aug. 1994 SURVEY

Tables 7.4-7.12

Apr. 1993 SURVEY

Apr. 1993 SURVEY

Aug. 1993 SURVEY

July 1994 SURVEY

Summary NIPA series back to 1929 are in the September 1994 issue of the SURVEY. Errata to published NIPA tables
appear in the September 1992, April 1993, October 1993, March 1994, and November 1994 issues, and in this issue
(on page 24). NIPA tables are also available, most beginning with 1929, on diskettes. For more information on
the presentation of the estimates, see "A Look at How BEA Presents the NIPA'S" in the February 1995 SURVEY.
NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the
Government Division.

i. National Product and Income
Table 1.1.—Gross Domestic Product

Table 1,2.—Gross Domestic Product in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]

SSeasonal!y adjusts d at anr ual rates

Seasonally adjusted at annual rates

1993

1994

1993

IV
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

1994

II

I

1993

1995

III

IV

1994

19 94

1993

I

IV

I

6,343.3 6,738.4 6,478.1 6,574.7 6,689.9 6,791.7 6,897.2 6,982.9

Gross domestic
product

II

1995

III

IV

I

5,134.5 5,344.0 5,218.0 5,261.1 5,314.1 5,367,0 5,433.8 5,471.7

4,378.2 4,628.4 4,469.6 4,535.0 4,586.4 4,657.5 4,734.8 4,780.8

Personal consumption
expenditures

3,458.7 3,579.6 3,506.2 3,546.3 3,557.8 3,584.7 3,629.6 3,642,0

538.0 591.5 562.8 576.2 580.3 591.5 617.7 613.4
1,339.2 1,394.3 1,355.2 1,368.9 1,381.4 1,406.1 1,420.7 1,429.5
2,501.0 2,642.7 2,551.6 2,589.9 2,624.7 2,659.9 2,696.4 2,737.9

Durable goods
Nondurable goods
Services

5108
521 7 522.2 529.6 554.8 548.2
4899 5321
1,078.5 1,109.5 1,088.0 1,098.3 1,104.3 1,113.4 1,121.9 1,126.0
1,890.3 1,938.1 1,907.4 1,926.3 1,931.4 1,941.8 1,952.9 1,967.9

882.0 1,032.9

922.5

966.6 1,034.4 1,055.1 1,075.6 1,119.3

866.7
616.1
173.4

980.7
697.6
182.8

913.5
646.3
176.7

942.5
665.4
172.7

967.0
683.3
181.8

992.5 1,020.8 1,051.2
709.1 732.8 766.6
184.6
192.0
199.8

442.7
250.6

514.8
283.0

469.6
267.2

492.7
277.1

501.5
283.6

524.5
283.4

540.7
288.0

566.8
284.6

.1.5.4

52.2
45.9

24.1
22.3

67.4
60.4

62.6
53.4

54.8
47.4

68.1
64.7

20.1
-4.7

6.4

9.0
10.7
-1.7

1.8

7.0

9.2

7.4

3.4

-65.3

-98.2

71.2

-86.7

-97.6 -109.6

-98.9 -112.9

659.1
724.3

718.7
816.9

680.3
751.4

674.2
760.9

704.5
802.1

765.5
864.4

730.5
840.1

770.9
883.8

1,148.4 1,175.3 1,157.2 1,159.8 1,166.7 1,188.8 1,185.8 1,195.6
443.6
302.7
140.9
704.7

437.3
292.3
145.0
738.0

439.8
299.1
140.7
717.4

437.8
291.7
146.1
722.0

435.1
291.7
143.5
731.5

444.3
300.5
143.8
744.5

431.9
285.3
146.6
753.8

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




433.1
284.0
149.0
762.6

Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Producers' durable
equipment
Residential
Change in business
inventories
....
Nonfarm
Farm
Net exports of goods and
services

819.9

951.5

862.5

898.9

950.9

967.3

989.1 1,030.8

804.6
591.6
147.7

903.8
672.4
150.6

851.7
627.2
148.7

873.4
643.6
144.1

891.7
657.9
151.0

910.2
680.0
151.6

939.7
708.2

443.9
213.0

521.9
231.3

478.5
224.5

499.4
229.9

506.9
233.8

528.4
230.2

231.5

579.3
227.6

15.3
18.5

47.8
40.7

10.8
10.7

25.4
22.1

59.2
51.7

57.1
47.4

49.4
41.7

63.0
58.3

7.7

4.7

-32

71

1

33

7.5

9.7

155.6
552.6

967.8

740.1
160.8

-1040

111.8

117.0

107.1 -119.7

6025
676.3

6570
766.9

6252
707.4

619.6
723.6

643.9
755.6

666.5
783.5

697.9
805.0

696.9

Government purchases

929.8

922.8

931.5

919.9

917.1

932.0

922.2

918.6

Federal
National defense
Nondefense
State and local

356.6
243.7
113.0
573.1

337.6
226.7
110.9
585.2

351.1
238.7
112.4
580.4

341.7
228.5
113.2
578.3

334.7
226.1
108.7
582.4

343.5
233.0
110.5
588.5

330.4

326.5

219.1
111.3
591.8

215.1
111.4
592.1

Exports
Imports

-739

-1100

-822

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

816.6

SURVEY OF CURRENT BUSINESS

12 • April 1995

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]

5Seasonal y adjusteid at anr ual rates
1994

1993

19 94

1993

I

IV

Gross domestic
product
Final sales of domestic
product
Change in business
inventories
Goods t
Final sales
Change in business
inventories
Durable goods
Final sales
Change in business
inventories
Nondurable goods
Final sales
Change in business
inventories
Services 1
Structures

II

Seasonally adjusted at annual rates
1995

III

6,343.3 6,738.4 6,478.1 6,574.7 6,689.9 6,791.7 6,897.2 6,982.9
63279 66862 64692 65506 66225 67291 68424 69148
15.4

52.2

9.0

24.1

67.4

62.6

68.1

54.8

2,405.8 2,584.7 2,461.6 2,513.2 2,561.2 2,606.2 2,658.1 2,698.9
2,390.4 2,532.4 2,452.6 2,489.1 2,493.7 2,543.6 2,603.3 2,630.8
15.4

52.2

9.0

24.1

67.4

62.6

68.1

54.8

1,041.0 1,153.6 1,081.9 1,118.7 1,137.6 1,170.0 1,188.1 1,217.7
1,032.4 1,118.8 1,072.9 1,098.2 1,099.4 1,125.8 1,151.8 1,170.2

86

348

90

206

382

441

475

363

1 364 8 1 431 1 1 3797 1 3945 1 4235 1 4363 1 4700 1 481 2
1 3580 1 4136 13797 1 3909 13943 1 4178 1 451 5 1 4606

6.7

17.4

0

3.5

29.2

18.5

20.6

18.5

3,405.5 3,576 2 3 459.3 3,503.8 3,555 4 3,603.6 3,641.9 3,682.5
532.0

577.6

557.2

557.7

573.4

581.9

597.3

1994

1993

I

IV

601.4

1993

IV

Gross domestic
product
Final sales of domestic
product
Change in business
inventories
Goods1
.
Final sales
Change in business
inventories . . .. .. .
Durable goods
Final sales
Change in business
inventories
Nondurable goods
Final sales
Change in business
inventories
Services *
Structures

1994

I

II

1995

III

I

IV

5,134.5 5,344.0 5,218.0 5,261.1 5,314.1 5,367.0 5,433.8 5,471.7
5,119.3 5,296.2 5,207.2 5,235.7 5,254.9 5,310.0 5,384.4 5,408.7
15.3

47.8

10.8

25.4

59.2

57.1

49.4

63.0

2,081.8 2,223.1 2,135.5 2,168.8 2,201.3 2,235.5 2,286.9 2,320.1
2,066.5 2,175.4 2,124.7 2,143.3 2,142.1 2,178.4 2,237.5 2,257.1
15.3

47.8

10.8

25.4

59.2

57.1

49.4

63.0

986.0 1,092.1 1,033.6 1,061.4 1,071.9 1,102.5 1,132.5 1,160.9
977.7 1,060.9 1,024.7 1,041.7 1,038.2 1,063.2 1,100.6 1,118.2
8.3

31.2

8.9

19.7

33.7

39.3

32.0

42.7

1,095.8 1,131.0 1,101.9 1,107.4 1,129.4 1,133.0 1,154.4 1,159.3
1,088.8 1,114.4 1,100.0 1,101.7 1,103.9 1,115.2 1,136.9 1,138.9
7.0

16.6

5.7

1.9

25.5

17.8

17.4

.204

2,597.6 2,644.5 2,611.2 2,625.8 2,635.8 2,653.9 2,662.4 2,667.0
455.1

476.4

471.3

466.5

476.9

477.6

484.5

484,5

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 1
Less: Change in business
inventories
Equals: Final sales to 2
domestic purchasers

6,343.3

[Billions of 1987 dollars]

6,738.4 6,478.1 6,574.7 6,689.9 6,791.7 6,897.2 6,982.9

659.1

718.7

680.3

674.2

704.5

730.5

765.5

770.9

7243

8169

751 4

7609

8021

8401

8644

8838

6,408.6 6,836.6 6,549.3 6,661.4 6,787.5 6,901.3 6,996.1 7,095.7
15.4

52.2

9.0

24.1

67.4

62.6

54.8

68.1

6,393.2 6,784.4 6,540.3 6,637.3 6,720.1 6,838.7 6,941.3 7,027.6

Gross domestic product
Less: Exports of goods and
services
Plus: Imports of goods and
services
Equals: Gross1 domestic
purchases
Less: Change in business
inventories
Equals: Final sales to 2
domestic purchasers

5,134.5

5,344.0 5,218.0 5,261.1 5,314.1 5,367.0 5,433.8 5,471.7

602.5

657.0

625.2

619.6

643.9

666.5

697.9

696.9

676.3

766.9

707.4

723.6

755.6

783.5

805.0

816.6

5,208.4 5,454.0 5,300.2 5,365.1 5,425.8 5,484.0 5,540.9 5,591.4
153

478

108

254

592

571

494

630

5,193.1 5,406.2 5,289.4 5,339.7 5,366.6 5,426.9 5,491.5 5,528.4

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.

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
Nonfarm
Nonfarm less housing ....
Housina
Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
General government
Federal
State and local
Addendum:
Gross domestic business
product less housing
MVUOIIiy

6,343.3 6,738.4 6,478.1 6,574.7 6,689.9 6,791.7 6,897.2 6,982.9
5,371.4 5,723.2 5,494.4 5,575.7 5,677.9 5,771.8 5,867.2 5,940.4
52938 56692 5431 7 55247 56187 5710.7 5,822.6 5,894.2
4,771.0 5,118.4 4,899.5 4,975.0 5,075.0 5,159.7 5,264.1 5,329.0
5227 5507 5322 5496 5438 551 0 558.5 565.1

753

849

79.2

87.1

87.0

88.6

2.3

-30.9

-16.5

-36.1

-24.0

-21.1

-42.4

-42.4

285.3

302.7

291.0

295.7

300.1

304.7

310.1

313.8

10.8

11.4

10.9

11.1

11.3

11.5

11.6

11.8

274.5

291.3

280.0

284.5

288.8

293.2

298.5

302.0

83.2

82.3

686.6

712.6

692.7

703.3

711.8

715.2

719.9

728.7

203.6
483.0

206.2
506.4

202.5
490.2

206.3
497.1

208.4
503.4

205.4
509.8

204J
515.2

206.8
521.9

48440




Gross domestic
nroduct
Business
Nonfarm
Nonfarm less housing ....
Housing
Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
General government
Federal
State and local
Addendum:
Gross domestic business
product less housing

5,134.5 5,344.0 5,218.0 5,261.1 5,314.1 5,367.0 5,433.8 5,471.7
4,409.4 4,613.4 4,491.7 4,532.6 4,583.6 4,635.4 4,702.1 4,739.1
4,336.4 4,556.1 4,433.2 4,486.1 4,521.3 4,567.9 4,649.2 4,685.7
3,925.5 4,137.4 4,017.9 4,070.6 4,103.5 4,148.1 4,227.3 4,261.8
421.9
423.9
410.9 418.8 415.3 415.5 417.8 419.8
82.2

72.0

75.9

81.6

84.4

86.9

87.2

1.9

-24.9

-13.5

-29.3

-19.3

-17.0

-34.0

-33.8

215.6

223.0

218.1

220.1

222.5

223.8

225.6

227.0

9.0
206.5

9.2
213.7

9.0
209.1

9.1
211.0

9.2
213.3

9.3
214.5

9.3
216.2

9.4
217.6

509.6

507.6

508.2

508.4

508.0

507.9

506.1

505.5

146.0
363.6

138.8
368.8

143.2
365.1

141.9
366.5

139.9
368.1

137.9
369.9

135.5
370.6

134.0
371.5

71.0

3,994.9

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