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20 July 1987 SURVEY OF CURRENT BUSINESS 1. National Product and Income Table 1.1.—Gross National Product [Billions of dollars] Seasonally adjusted at annual rates Line 1983 1984 1985 1986 1983 IV Gross national 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 of goods and services. Federal National defense Nondefense State and local 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 3,405.7 3,772.2 4,010.3 4,235.0 3,545.8 2,234.5 2,430.5 2,629.4 2,799.8 2,315.8 289.1 335.5 368.7 402.4 310.0 816.7 867.3 913.1 939.4 837.9 1,128.7 1,227.6 1,347.5 1,458.0 1,167.9 502.3 664.8 641.6 671.0 579.8 509.4 597.1 631.6 655.2 548.8 356.9 416.0 442.6 436.9 383.9 124.0 141.1 152.5 137.4 127.4 232.8 274.9 290.1 299.5 256.5 152.5 181.1 189.0 218.3 164.9 -7.1 67.7 10.0 31.0 15.7 .4 60.5 13.6 16.8 21.3 11 -7.5 7.1 -3.6 9.7 -6.1 -58.9 -79.2 -105.5 -25.8 352.5 383.5 369.9 376.2 364.7 358.7 442.4 449.2 481.7 390.5 675.0 735.9 818.6 869.7 676.1 283.5 214.4 69.1 391.5 310.5 234.3 76.2 425.3 353.9 259.3 94.6 464.7 366.2 277.8 88.4 503.5 276.1 221.5 54.6 400.0 1984 I III 3,674.9 3,754.2 2,361.1 2,417.0 322.7 335.1 849.9 866.9 1,188.6 1,215.1 663.0 664.2 568.9 597.5 392.7 413.2 133.0 141.3 259.7 271.9 176.2 184.3 94.1 66.7 71.4 63.7 22.7 3.0 -45.7 -62.8 374.3 383.2 420.0 446.1 696.5 735.8 284.0 226.9 57.1 412.5 IV I 315.0 233.0 81.9 420.8 317.0 233.1 83.9 429.6 326.0 244.1 81.9 438.5 336.3 250.2 86.1 447.8 I II" 4,377.7 2,893.8 396.1 969.9 1,527.7 699.9 648.2 422.8 128.7 294.1 225.4 51.6 48.7 2.9 -112.2 397.3 509.5 896.2 4,448.8 2,944.0 409.7 977.0 1,557.3 702.3 658.8 429.7 129.4 300.3 229.1 43.5 27.1 16.4 -108.6 413.3 521.9 911.2 368.6 279.0 89.6 517.7 366.9 287.5 79.4 529.3 371.8 292.7 79.1 539.4 IV I II" 3,698.8 3,704.7 3,718.0 3,731.5 2,409.7 2,434.3 2,477.5 2,480.5 359.8 369.6 405.5 399.0 868.8 880.0 879.8 880.3 1,181.2 1,184.7 1,192.2 1,201.1 674.4 665.6 645.0 631.0 639.1 637.6 638.8 645.4 453.2 441.0 437.7 443.2 145.4 128.4 122.7 124.6 307.8 312.6 315.0 318.6 185.9 196.5 201.1 202.2 6.1 -14.4 28.1 35.3 2.3 23.9 35.2 .1 e!o -16.6 4.2 -151.8 -123.0 -146.8 -161.6 371.5 370.2 379.6 388.3 494.4 517.0 541.2 540.1 737.6 751.6 757.2 771.8 3,772.2 2,475.9 375.9 883.2 1,216.9 671.8 624.2 426.0 120.4 305.6 198.2 47.6 43.9 3.7 -135.2 397.8 533.0 759.6 3,796.4 2,488.7 386.2 873.6 1,228.9 673.4 632.2 434.2 120.2 314.1 198.0 41.2 22.5 18.6 -127.8 410.7 538.5 762.2 344.6 252.7 91.9 427.1 327.3 257.4 69.9 432.3 326.3 262.4 63.9 435.9 III IV I II III 4,042.0 2,665.4 383.7 918.4 1,363.3 628.6 631.0 442.0 152.9 289.1 189.0 -2.4 5.2 -7.6 -84.7 364.2 448.9 832.8 4,104.4 2,700.1 370.5 929.3 1,400.3 650.8 648.3 451.5 152.1 299.3 196.8 2.5 17.8 153 -103.5 368.7 472.2 857.0 4,174.4 2,737.9 375.9 936.8 1,425.2 683.4 645.1 440.7 149.6 291.0 204.4 38.3 38.5 -.2 -93.8 373.5 467.3 846.9 4,211.6 2,765.8 386.4 934.3 1,445.1 679.4 651.9 433.8 135.9 297.9 218.1 27.5 24.5 3.0 -100.8 371.3 472.1 867.2 4,265.9 2,837.1 427.6 940.0 1,469.5 660.8 657.3 433.5 131.1 302.4 223.8 3.5 -.9 4.5 -110.5 376.6 487.1 361.9 265.1 96.8 470.9 378.0 268.2 109.8 479.0 356.7 266.6 90.1 490.2 368.4 278.2 90.2 498.8 371.2 287.6 83.6 507.3 III II 3,807.9 3,851.8 3,921.1 3,973.6 2,450.3 2,493.4 2,549.9 2,602.0 337.7 346.7 358.2 362.4 872.8 879.6 894.4 910.4 1,239.7 1,267.1 1,297.3 1,329.2 670.3 661.8 638.6 648.4 605.4 616.8 617.3 629.9 423.3 435.0 431.5 445.6 143.6 146.6 150.6 154.4 279.7 288.4 280.8 291.3 182.1 181.8 185.8 184.3 45.0 65.0 21.4 18.5 65.8 41.3 17.7 13.7 g 3.7 3.6 4.8 -59.3 -67.9 -51.5 -77.3 390.8 385.7 376.3 370.6 450.1 453.6 427.7 447.8 746.6 764.5 784.1 800.5 1987 1986 1985 II 339.4 253.7 85.7 461.1 IV 4,288.1 2,858.6 419.8 946.3 1,492.4 660.2 666.6 439.7 132.9 306.7 226.9 -6.4 5.1 -11.6 -116.9 383.3 500.2 878.5 886.3, NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.2.—Gross National Product in Constant Dollars [Billions of 1982 dollars] Seasonally adjusted at annual rates Line Gross national 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 of goods and services. Federal National defense Nondefense State and local NOTE.—Percent changes froin r 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 -. 22 1983 1984 1985 1986 3,279.1 3,501.4 3,607.5 3,713.3 2,146.0 2,249.3 2,352.6 2,450.5 283.1 323.1 352.7 383.5 800.2 825.9 849.5 877.2 1,062.7 1,100.3 1,150.4 1,189.8 504.0 658.4 636.1 654.0 510.4 596.1 628.7 640.2 361.2 425.2 454.1 443.8 127.2 143.8 149.4 130.3 233.9 281.4 304.8 313.5 149.3 170.9 174.6 196.4 -6.4 62.3 13.8 7.4 _i 57.8 15.4 12.0 -e'.3 46 46 16 -19.9 -84.0 -108.2 -145.8 348.1 371.8 365.3 377.4 368.1 455.8 473.6 523.2 649.0 677.7 726.9 754.5 275.1 206.9 68.2 373.9 290.8 218.5 72.3 387.0 324.2 236.7 87.5 402.7 332.5 250.7 81.8 422.1 IV I II 3,365.1 2,191.9 300.5 812.7 1,078.6 577.2 550.3 390.4 131.6 258.8 159.9 27.0 20.5 65 -46.2 355.5 401.6 642.2 3,451.7 2,212.1 312.6 814.5 1,085.0 655.2 571.8 401.3 137.7 263.5 170.5 83.4 68.3 152 -68.6 362.7 431.3 653.0 3,498.0 2,246.7 322.5 828.2 1,096.1 658.4 595.1 422.0 144.3 277.7 173.1 63.2 61.5 18 -87.3 369.1 456.5 680.2 266.0 211.6 54.4 376.2 271.5 214.1 57.4 381.6 295.6 217.8 77.8 384.7 III IV I II 3,520.6 3,535.2 3,568.7 3,587.1 2,257.3 2,281.1 2,314.1 2,337.0 324.3 333.1 342.4 346.6 829.6 831.2 841.2 847.6 1,103.5 1,116.8 1,130.5 1,142.8 664.2 655.7 632.1 645.7 603.3 614.0 612.7 628.4 433.0 444.4 440.0 457.2 145.8 147.1 149.1 151.7 287.2 297.3 291.0 305.5 170.3 169.6 172.6 171.2 19.5 17.3 60.9 41.7 12.4 15.8 38.7 62.6 17 49 37 30 -85.5 -94.8 -81.0 -107.7 378.7 376.6 369.7 364.7 464.1 471.4 450.7 472.4 684.5 693.2 703.4 712.1 295.5 217.0 78.6 388.9 '—ted items in this table are shown in table 8.1. 300.5 225.3 75.2 392.7 308.4 229.8 78.6 395.0 310.7 232.8 77.8 401.4 1987 1986 1985 1984 1983 III IV 3,623.0 2,376.1 366.8 853.5 1,155.7 623.2 628.9 454.1 149.5 304.5 174.9 -5.7 3.2 89 -114.9 360.5 475.4 738.6 3,650.9 2,383.2 355.1 855.7 1,172.5 643.3 644.9 465.2 147.2 318.0 179.7 -1.6 16.7 182 -129.3 366.5 495.8 753.7 332.5 243.3 89.3 406.1 345.3 241.1 104.2 408.4 I 322.1 240.0 82.0 415.5 II 330.6 250.1 80.4 421.0 332.6 259.8 72.8 424.6 SURVEY OF CURRENT BUSINESS July 1987 21 Table 1.3.—Gross National Product by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Line Gross national product Final sales 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 1983 3,405.7 3,412.8 -7.1 1,396.1 1,403.2 -7.1 574.3 575.3 -1.0 821.8 827.9 -6.1 1,682.5 327.1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1984 3,772.2 3,704.5 67.7 1,581.4 1,513.7 67.7 681.5 641.3 40.2 899.9 872.4 27.5 1,813.9 377.0 1985 4,010.3 4,000.3 10.0 1,637.9 1,627.9 10.0 704.3 696.9 7.3 933.6 931.0 2.7 1,969.3 403.1 1986 4,235.0 4,219.3 15.7 1,693.8 1,678.0 15.7 726.8 721.9 4.8 967.0 956.1 10.9 2,116.2 425.1 1983 1984 I II III IV I II 3,545.8 3,514.8 3.1.0 1,473.7 1,442.7 31.0 628.6 611.9 16.7 3,674.9 3,580.8 94.1 1,550.6 1,456.5 94.1 659.9 617.8 42.1 890.7 838.7 52.0 1,762.5 361.7 3,754.2 3,687.4 66.7 1,580.5 1,513.8 66.7 678.5 637.5 41.0 902.0 876.3 25.7 1,794.1 379.5 3,807.9 3,742.9 65.0 1,594.4 1,529.4 65.0 686.9 642.2 44.6 907.5 887.2 20.3 1,832.5 381.0 3,851.8 3,806.8 45.0 1,599.9 1,554.9 45.0 700.6 667.6 33.0 899.3 887.3 12.0 1,866.5 385.4 3,921.1 3,899.8 21.4 1,620.5 1,599.1 21.4 697.7 681.4 16.3 922.8 917.7 5.1 1,907.6 393.0 3,973.6 3,955.1 18.5 1,629.4 1,611.0 18.5 699.3 692.9 6.4 930.1 918.1 12.1 845.1 830.9 14.3 1,730.1 342.0 1987 1986 1985 IV III 4,042.0 4,044.4 -2.4 1,649.7 1,652.1 -2.4 714.3 714.4 -.1 935.4 937.7 -2.3 1,943.3 1,985.5 400.8 406.8 IV I II III IV I II " 4,104.4 4,101.9 2.5 1,651.9 1,649.4 2.5 705.7 699.0 6.7 946.2 950.4 -4.2 2,040.6 411.9 4,174.4 4,136.1 38.3 1,682.8 1,644.5 38.3 717.0 691.1 25.9 965.8 953.4 12.5 2,070.2 421.4 4,211.6 4,184.0 27.5 1,689.9 1,662.4 27.5 717.0 707.0 10.1 972.9 955.4 17.5 2,097.9 423.8 4,265.9 4,262.4 3.5 1,703.5 1,700.0 3.5 735.8 747.9 -12.1 967.8 952.1 15.6 2,136.6 425.7 4,288.1 4,294.6 -6.4 1,698.9 1,705.3 -6.4 737.3 741.8 -4.5 961.6 963.5 -1.9 2,160.0 429.3 4,377.7 4,326.0 51.6 1,738.7 1,687.1 51.6 747.0 711.9 35.2 991.7 975.2 16.5 2,212.0 426.9 4,448.8 4,405.3 43.5 1,764.4 1,720.9 43.5 761.1 735.5 25.6 1,003.3 985.4 17.9 2,252.1 432.3 IV I NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars [Billions of 1982 dollars] Seasonally adjusted at annual rates Line Gross national product Final sales 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 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1983 3,279.1 3,285.5 -6.4 1,367.0 1,373.4 -6.4 565.1 566.3 -1.2 801.9 807.0 -5.2 1,585.5 326.6 1984 3,501.4 3,439.1 62.3 1,509.2 1,446.9 62.3 661.7 623.5 38.2 847.5 823.3 24.2 1,625.2 367.1 1985 3,607.5 3,600.1 7.4 1,548.6 1,541.2 7.4 688.0 681.6 6.4 860.6 859.7 .9 1,679.5 379.4 1986 3,713.3 3,699.5 13.8 1,595.0 1,581.3 13.8 716.9 712.6 4.3 878.1 868.6 9.5 1,730.8 387.4 1984 1983 IV I 3,365.1 3,338.1 27.0 1,423.8 1,396.8 27.0 614.0 598.0 16.1 809.7 798.8 10.9 1,600.7 340.6 3,451.7 3,368.3 83.4 1,484.7 1,401.3 83.4 642.7 602.7 40.0 842.0 798.6 43.4 1,607.4 II IV 3,498.0 3,520.6 3,535.2 3,434.8 3,459.6 3,493.5 63.2 60.9 41.7 1,511.6 1,520.2 1,520.2 1,448.3 1,459.3 1,478.5 63.2 60.9 41.7 659.2 666.0 679.0 620.0 623.6 647.8 39.2 42.3 31.1 852.4 854.2 841.2 828.3 835.6 830.7 24.1 18.6 10.6 1,617.1 1,631.4 1,644.7 359.6 369.4 369.0 370.3 I II 3,568.7 3,549.2 19.5 1,537.0 1,517.6 19.5 675.4 660.3 15.0 861.7 857.2 4.5 3,587.1 3,569.9 17.3 1,540.7 1,523.4 17.3 682.6 677.1 5.5 858.1 846.3 11.8 1,657.7 1,667.5 373.9 379.0 1987 1986 1985 III III IV 3,623.0 3,628.7 -5.7 1,557.7 1,563.5 -5.7 698.9 699.2 -.4 858.9 864.2 -5.3 1,683.1 382.2 3,650.9 3,652.5 -1.6 1,558.9 1,560.5 -1.6 695.2 689.6 5.6 863.7 870.9 -7.2 1,709.6 382.4 I II III 3,698.8 3,704.7 3,718.0 3,663.4 3,676.7 3,711.9 35.3 28.1 6.1 1,589.5 1,594.4 1,593.7 1,554.1 1,566.4 1,587.5 35.3 28.1 6.1 705.8 705.9 724.8 682.1 696.9 735.9 23.6 9.0 -11.1 883.7 888.5 868.8 872.0 869.5 851.6 19.1 17.2 11.7 1,718.9 1,724.2 1,738.7 390.4 386.0 385.6 II" 3,731.5 3,772.2 3,796.4 3,745.8 3,724.5 3,755.3 47.6 -14.4 41.2 1,602.6 1,626.0 1,634.9 1,616.9 1,578.4 1,593.7 47.6 41.2 -14.4 731.2 739.2 758.8 735.5 707.8 735.0 31.4 23.9 -4.3 871.4 886.8 876.1 881.4 870.6 858.8 16.2 17.3 -10.0 1,741.3 1,764.0 1,779.1 387.5 382.1 382.5 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.5.—Relation of Gross National Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers [Billions of dollars] Seasonally adjusted at annual rates Line 1983 1984 1985 1986 1983 IV Gross national product Less: Exports of goods and services Plus: Imports of goods and services.. Equals: Gross domestic purchases l Less: Change in business inventories Equals: Final2sales to domestic purchasers . 1 2 3 4 5 6 1984 I II IV I II III IV I II III IV I 11" 3,405.7 3,772.2 4,010.3 4,235.0 3,545.8 3,674.9 3,754.2 3,807.9 3,851.8 3,921.1 3,973.6 4,042.0 4,104.4 4,174.4 4,211.6 4,265.9 4,288.1 4,377.7 4,448.8 352.5 383.5 369.9 376.2 364.7 374.3 383.2 390.8 385.7 376.3 370.6 364.2 368.7 373.5 371.3 376.6 383.3 397.3 413.3 358.7 442.4 449.2 481.7 390.5 420.0 446.1 450.1 453.6 427.7 447.8 448.9 472.2 467.3 472.1 487.1 500.2 509.5 521.9 3,411.8 3,831.1 4,089.5 4,340.5 3,571.6 3,720.6 3,817.0 3,867.2 3,919.7 3,972.6 4,050.9 4,126.7 4,207.9 4,268.2 4,312.4 4,376.4 4,405.1 4,489.8 4,557.4 51.6 43.5 -7.1 67.7 3.5 -6.4 10.0 15.7 31.0 94.1 65.0 21.4 2.5 38.3 27.5 66.7 45.0 18.5 -2.4 3,418.9 3,763.5 4,079.5 4,324.8 3,540.6 3,626.5 3,750.3 3,802.2 3,874.7 3,951.2 4,032.4 4,129.1 4,205.4 4,229.9 4,284.9 4,372.9 4,411.5 4,438.2 4,513.9 1. Purchases in the United States of goods and services wherever produced. 2. Final sales in the United States of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. III 1987 v 1986 1985