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SURVEY OF CURRENT BUSINESS

October 2995

N A T I O N A L INCOME AND PRODUCT ACCOUNTS
Selected NIPA Tables
New estimates in this issue: "Advance" estimates for the third 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. For 1988-93, the complete official time series of NIPA estimates can be found as
follows:
1988

1990

1989

Most tables ...................
NIPA'S, VOL 2
»
Tables 1.15, 1,16, and 7.15 „
Tables 3.15-3.20 and 9.1-9.6 . . .
Tables 7.1, 7.2, 7.3, and 8.1 .... Aug. 1994 SURVEY
Tables 7.4-7.12 ............... Apr. 1993 SURVEY

July 1992 SURVEY
Sept. 1992 SURVEY
Aug. 1994 SURVEY
Apr. 1993 SURVEY

1991-93
July 1994 SURVEY

Aug. 1993 SURVEY
Sept. 1993 SURVEY
»

Sept 1994 SURVEY
Aug. 1994 SURVEY
July 1994 SURVEY

Aug. 1994 SURVEY
Aug. 1993 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, November 1994, and April 1995 issues. NIPA
tables are also available, most beginning with192,9, on diskettes. For more information on the presentation of
the estimates, see "A Look at How BEA Presents the NIPAY* in the February 1995 SURVEY,
NOTE.—This section of the SURVEY is pxepared by the National Income and Wealth Division and the
Government Division.

i. National Product and IncomeTable 11.—Gross Domestic Product

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

[Billions of dollars]

[Billions of 1987 dollars]
S easonaliy adjusts datanr uai rates

Seasonally adjusted at annual rates

1993

1994

1994

II

III

1993

1995

IV

I

II

Gross domestic
6,343.3 6,738.4 6,689.9 6,791.7 6,897.2 6,977.4 7,030.0 7,113.2
product
Personal consumption
4,378.2 4,628.4 4,586.4 4,657.5 4,734.8 4,782.1 4,851.0 4,898.1
exoenditures . . .
580.3 591.5 617.7
615.2 620.3 632.4
538.0 591.5
Durable goods
1,339.2 1,394.3 1,381.4 1,406.1 1,420.7 1,432.2 1,446.2 1,449.1
Nondurable goods
2,501.0 2,642.7 2,624.7 2,659.9 2,696.4 2,734.8 2,784.5 2,816.6
Services
Gross private domestic
882.0 1,032.9 1,034.4 1,055.1 1,075.6 1,107.8 1,094.1 1,113.4
investment
866.7 980.7 967.0 992.5 1,020.8 1,053.3 1,056.9 1,074.5
Fixed investment
616.1
697.6
683.3 709.1
732.8 766.4 779.3 788.0
Nonresidential
173.4
182.8
181.8
192.0
184.6
Structures .
198.6 204.3 207.6
Producers' durable
442.7 514.8
501.5 524.5 540.7 567.8 575.0 580.4
equipment
250.6 283.0 283.6 283.4 288.0 286.8 277.6 286.5
Residential
Change in business
15.4
52.2
67.4
37.2
54.8
38.9
62.6
54.5
inventories
60.4
47.4
53.4
54.1
37.9
43.5
Nonfarm
20.1
45.9
7.4
-.7
6.4
9.2
.4
7.0
-4.6
Farm
-4.7
Net exports of goods and
111 1 1247
1183
-65.3 -98.2 -97.6
1096
-98.9
services
Exports
659.1 718.7
704.5 730.5 765.5 778.8 797.5 802.0
Imports
724.3 816.9
802.1 840.1 864.4 889.9 922.2 920.3
1,148.4 1,175.3 1,166.7 1,188.8 1,185.8 1,198.7 1,209.6 1,220.1
Government purchases
Federal
443.6 437.3 435.1 444.3 431.9 434.4 434.7 436.8
National defense
. 302.7 292.3 291.7 300.5 285.3 283.7 286.7 285.6
140.9 145.0
Nondefense
143.5
146.6 150.6
143.8
148.1
151.1
704.7 738.0 731.5
State and local
744.5 753.8 764.3 774.8 783.3
 from preceding period for selected items in this table are shown in table 8.1.
NOTE.—Percent changes


1994

1994

III

II

III

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

1995

IV

I

II

III

5,134.5 5,344.0 5,314.1 5,367.0 5,433.8 5,470.1 5,487.8 5,544.6
3,458.7 3,579.6 3,557.8 3,584.7 3,629.6 3,643.9 3,674.3 3,701.1
489.9 532.1 522.2 529.6 554.8 550.0 554.8 570.4
1,078.5 1,109.5 1,104.3 1,113.4 1,121.9 1,128.2 1,133.5 1,133.7
1,890.3 1,938.1 1,931.4 1,941.8 1,952.9 1,965.7 1,986.0 1,997.0
819.9

951.5

950.9

967.3

989.1 1,024.1 1,019.2 1,041.3

804.6
591.6
147.7

903.8
672.4
150.6

891.7
657.9
151.0

910.2
680.0
151.6

939.7
708.2
155.6

973.0
743.6
159.9

984.9 1,006.1
763.7 779.0
163.4 164.8

443.9
213.0

521.9
231.3

506.9
233.8

528.4
230.2

552.6
231.5

583.7
229.5

600.3
221.2

15,3
18.5
-3.2

47.8
40.7

59.2
51.7

57.1
47.4

49.4
41.7

51.1
49.1

34.3
33.2
1.'l

73.9

7.1
-110.0

602.5
676.3

657.0
766.9

929.8
356.6
243.7
113.0
573.1

7.5

9.7

7.7

2.0

111.8 -117.0 -107.1 -118.5 -126.7
697.9
805.0

706.2
824.6

932.0

922.2

343.5
233.0
110.5
588.5

330.4
219.1
111.3
591.8

643.9
755.6

666.5
783.5

922.8

917.1

337.6
226.7
110.9
585.2

334.7
226.1
108.7
582.4

6143

227.0
35.3
36.8

1*5
1258

717.6
844.3

735.9
861.8

920.5

921.0

928.0

327.2
214.9
112.3
593.3

324.8
215.0

328.7
216.1

1098

1125

596.2

599.3

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

8 • October 1995

SURVEY OF CURRENT BUSINESS

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]

S easonal!y adjuste)d at ann ual rates
1994

1993

II

Gross domestic
product ........H............
Final sales of domestic
product
Change in business
inventories ......................
Goods l
Final sales
Change in business
inventories
Durable goods
....
Final sales
Change in business
inventories
Nondurable goods
Final sales
Change in business
inventories
Services l .
Structures

III

Seasonally adjusted at annual rates

1995

1994

IV

I

I!

63279 6 686.2 66225 67291 68424 6,922.9 6,992 8 7 074.3
15.4

52.2

67.4

62.6

54.8

54.5

38.9

37.2

2,405.8 •2,584.7 2,561.2 2,606.2 2,658.1 2,692.6 2,687.2 2,721.4
2,390.4 2,532.4 2,493.7 2,543.6 2,603.3 2,638.1 2,650.0 2,682.5
15.4

52.2

67.4

62.6

54.8

54.5

37.2

38.9

1,041.0 1,153.6 1,137.6 1,170.0 1,188.1 1,223.0 1,206.9 1,228.0
1 032.4 1,118.8 1 0994 1 1258 1 151.8 1,175.0 1,1786 12017
8.6

34.8

38.2

44.1

36.3

48.0

28.3

26.3

1,364.8 1,431.1 1,423.5 1,436.3 1,470.0 1,469.6 1,480.3 1,493.4
1 3580 1 4136 1 3943 1 4178 1451 5 14631 1 471 4 1 4808

6.7

17.4

29.2

18.5

18.5

6.5

8.9

12.6

3,405.5 3,576.2 3,555.4 3,603.6 3,641.9 3,680.6 3,741.0 3,777.3
532.0

577.6

573.4

581.9

597.3

604.3

II

III

6,343.3 6,738.4 6,689.9 6,791.7 6,897.2 6,977.4 7,030.0 7,113.2

601.8

614.6

1994

1994

1993

Gross domestic
product o............
Final sales of domestic
product
Change in business
inventories
Goods l .
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

III

1995

IV

I

II

III

5,134.5 5,344.0 5,314.1 5,367.0 5,433.8 5,470.1 5,487.8 5,544.6
5,119.3 5,296.2 5,254.9 5,310.0 5,384.4 5,419.0 5,453.5 5,509.3
15.3

47.8

59.2

57.1

49.4

51.1

34.3

35.3

2,081.8 2,223.1 2,201.3 2,235.5 2,286.9 2,319.4 2,316.4 2,356.1
2,066.5 2,175.4 2,142.1 2,178.4 2,237.5 2,268.3 2,282.1 2,320.9
15.3

47.8

59.2

57.1

49.4

51.1

34.3

35.3

986.0 1,092.1 1,071.9 1,102.5 1,132.5 1,170.6 1,167.9 1,202.9
977J 1,060.9 1,038.2 1,063.2 1,100.6 1,127.2 1,141.4 1,179.3
8.3

31.2

33.7

39.3

32.0

43.4

26.5

23.7

1,095.8 1,131.0 1,129.4 1,133.0 1,154.4 1,148.7 1,148.6 1,153.2
1,088.8 1,114.4 1,103.9 1,115.2 1,136.9 1,141.1 1,140.7 1,141.6
7.0

16.6

25.5

17.8

17.4

7.7

7.8

11.6

2,597.6 2,644.5 2,635.8 2,653.9 2,662.4 2,663.7 2,688.9 2,699.4
455.1

476.4

476.9

477.6

484.5

487.0

482.4

489.1

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.

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]
6,343.3
Gross domestic product
Less: Exports of goods and
659.1
services
Plus: Imports of goods and
724.3
services
£quais= Gross domestic
purchases *
..... 6,408.6
Less: Change in business
inventories
15.4
Equals: Final sales to 2
domestic purchasers
6,393.2

[Billions of 1987 dollars]

6,738.4 6,689.9 6,791.7 6,897.2 6,977.4 7,030.0 7,113.2
718.7

7045

7305

765.5

778.8

7975

802.0

816.9

802.1

840.1

864.4

889.9

922.2

920.3

6,836.6 6,787.5 6,901.3 6,996.1 7,088.5 7,154.7 7,231.5
52.2

67.4

62.6

54.8

54.5

37.2

38.9

6,784.4 6,720.1 6,838.7 6,941.3 7,034.0 7,117.5 7,192.6

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.

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 2
domestic purchasers

5,134.5

5,344.0 5,314.1 5,367.0 5,433.8 5,470.1 5,487.8 5,544.6

6025

6570

643.9

6665

6979 "706.2

717.6

7359

676.3

766.9

755.6

783.5

805.0

824.6

844.3

861.8

5,208.4 5,454.0 5,425.8 5,484.0 5,540.9 5,588.6 5,614.5 5,670.4
15.3

47.8

59.2

57.1

49.4

51.1

34.3

35.3

5,193.1 5,406.2 5,366.6 5,426.9 5,491.5 5,537.5 5,580.2 5,635.1

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

6,343.3 6,738.4 6,689.9 6,791.7 6,897.2 6,977.4 7,030.0 7,113.2
5,371.4 5,723.2 5,677.9 5,771.8 5,867.2 59338 5,976.5 6,051.5
5,293.8 5,669.2 5,618.7 5,710.7 5,822.6 5,904.5 5,959.3 6,029.1
4,771.0 5,118.4 5,075.0 5,159.7 5,264.1 5,339.4 5,386.9 5,449.8
522.7 550.7 543.8 551.0 558.5 565.1 572.4 579.3
84.9

83.2

87.0

87.9

84.2

-30.9

-24.0

-21.1

-42.4

-58.6

-67.0

-67.0

285.3

302.7

300.1

304.7

310.1

313.4

318.0

320.9

10.8

11.4

11.3

11.5

11.6

11.8

11.9

12.1

274.5

291.3

288.8

293.2

298.5

301.7

306.1

308.8

686.6

712.6

711.8

715.2

719.9

730.2

735.4

740.9

203.6
483.0

206.2
506.4

2084
5034

2054
5098

2047

2083

5152

5219

2083
5272

2080
5329

75.3

2.3

4,844.0




82.3

89.3

Gross domestic
product
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 5,314.1 5,367.0 5,433.8 5,470.1 5,487.8 5,544.6
4,409.4 4,613.4 4,583.6 4,635.4 4,702.1 4,737.7 4,754.6 4,809.9
4,336.4 4,556.1 4,521.3 45679 46492 46987 47261 4 780 5
3,925.5 4,137.4 4,103.5 4,148.1 4,227.3 4,274.8 4,300.2 4,352.7
410.9 418.8 417.8 4198
421 9 4239 4259 4279

826

82.2

81.6

84.4

86.9

85.8

-24.9

-19.3

-17.0

-34.0

-46.8

-53.3

-53.2

215.6

223.0

222.5

223.8

225.6

226.5

227.7

228.8

9.0
206.5

9.2
213.7

9.2
213.3

9.3
214.5

9.3
216.2

9.4
217.1

9.5
218.3

9.5
219.3

509.6

507.6

508.0

507.9

506.1

505.8

505.5

505.8

146.0
363.6

138.8
368.8

139.9
368.1

137.9
369.9

135.5
370.6

134.3
371.5

133.6
371.8

132.9
373.0

71.0

1.9

3,994.9

81.8

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