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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 DigitizedNOTE.—Percent for FRASER changes from preceding period for selected items in this table are shown in table 8.1. 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
@FedFRASER