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SURVEY OF CURRENT BUSINESS

8

October 1985

National Income and Product Accounts Tables
New estimates in this issue: Third quarter 1985, preliminary.
The abbreviations used in the tables are: CCAdj Capital consumption adjustment
IVA
Inventory valuation adjustment
NIPA's National income and product accounts
Preliminary
Revised
The NIPA estimates for 1929-76 are in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables (Stock
No. 003-010-00101-1, price $10.00). Estimates for 1977-79 and corrections for earlier years are in the July 1982 SURVEY; estimates for 1980 and
corrections for earlier years are in the July 1983 SURVEY; estimates for 1981-83 and corrections for earlier years are in the July 1984 SURVEY.
Summary NIPA Series, 1952-83, are in the August 1984 SURVEY. These publications are available from the Superintendent of Documents and
Commerce Department District Offices; see addresses inside front cover.
The full set of NIPA estimates shown regularly in this part of the SURVEY are now available on diskette for $240 per year (12 updates). For
more information, write to the Bureau of Economic Analysis (BE-54), U.S. Department of Commerce, Washington, DC 20230.

Table 1.1-1.2.—Gross National Product in Current and Constant Dollars
Billions of dollars

Billions of 1972 dollars

Seasonally adjusted at annual rates

1983

1984

1984
II

IV

I

Gross private domestic investment
Fixed investment
Nonresidential
Structures.
Producers' durable equipment
Residential .
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm

. •
... .
.

. .

Government purchases of goods and services
Federal
National defense
Nondefense
State and local
.

.

II

1985

III

IV

I

II

III"
1,684.8

1,534.7

1,639.3

1,638.8

1,645.2

1,662.4 1,663.5

1,671.3

1,009.2

1,062.4 1,064.2

1,065.9

1,075.4

1,089.1

1,102.1 1,115.2

177.0
395.5
493.5

182.9
395.0
497.5

187.0
398.6
503.5

320.7
317.2
861.4
858.3
1,153.7 1,182.8

326.3
334.8
339.2
355.6
866.5
877.3
891.9
895.6
1,203.8 1,234.4 1,261.9 1,285.3

157.5
376.3
475.4

178.0
393.5
490.8

178.6
396.6
488.9

190.1
403.2
508.7

199.2
403.9
512.1

471.6

637.8

627.0

662.8

637.8

646.8

643.2

622.8

221.0

289.9

283.9

300.2

289.9

292.1

289.5

278.1

485.1
352.9
129.7
223.2
132.2
127.6
1.0
3.6
-13.5
-3.1
-10.4

579.6
425.7
150.4
275.3
153.9
148.8
1.1
4.0
58.2
49.6
8.6

576.4
420.8
150.0
270.7
155.6
150.5
1.0
4.1
50.6
47.0
3.5

591.0
435.7
151.4
284.2
155.3
150.1
1.2
4.0
71.8
63.7
8.1

601.1
447.7
157.9
289.7
153.5
148.3
1.0
4.1
36.6
27.2
9.4

606.1
450.9
162.9
288.0
155.2
150.0
1.0
4.2
40.7
34.1
6.6

625.3
467.3
168.3
299.0
158.0
152.4
1.3
4.3
17.9
11.4
6.5

630.9
467.5
166.8
300.6
163.4
157.5
1.7
4.3
-8.1
-8.4
.3

224.6
171.0
49.2
121.8
53.7
51.2
.4
2.1
-3.6
.6
-4.2

265.1
204.9
56.9
148.0
60.2
57.5
.4
2.3
24.8
20.9
4.0

263.7
202.9
56.8
146.0
60.8
58.1
.4
2.3
20.3
18.7
1.6

269.6
209.5
57.1
152.4
60.1
57.3
.5
2.3
30.6
26.5
4.1

273.1
213.8
59.4
154.4
59.2
56.5
.4
2.4
16.8
12.0
4.8

273.0
213.0
60.8
152.2
60.0
57.2
.4
2.4
19.1
15.7
3.4

281.2
220.3
62.1
158.2
60.9
57.9
.5
2.5
8.3
4.9
3.4

280.2
217.7
60.9
156.8
62.5
59.4
.6
2.5
-2.1
23
.2

-8.3

Net exports of goods and services

1984

III"

3,853.1 3,916.1

279.8
318.8
801.7
856.9
. . . 1,074.4 1,166.1

Durable goods
Nondurable goods
Services

II

1984

2,155.9 2,341.8 2,332.7 2,361.4 2,396.5 2,446.5 2,493.0 2,536.5

3,304.8 3,662.8 3,644.7 3,694.6 3,758.7 3,810.6

Gross national product
Personal consumption expenditures

Exports
Imports

III

Seasonally adjusted at annual rates

1983

1985

-64.2

336.2
344.4

364.3
428.5

685.5
269.7
200.5
69.3
415.8

58.7

-90.6

362.4
421.1

368.6
459.3

747.4

743.7

295.4
221.5
73.9
452.0

296.4
220.8
75.6
447.4

-56.0

-74.5

367.2
423.2

360.7
435.2

761.0

780.5

791.9

302.0
220.3
81.7
458.9

315.7
231.6
84.1
464.8

319.9
233.9
85.9
472.0

-94.0

-89.2

12.6

-15.0

-11.4

-27.0

-13.4

347.6
436.7

139.5
126.9

146.0
161.1

144.7
156.2

147.4
174.4

147.1
160.5

143.7
172.1

137.9
171.8

138.1
172.1

810.9

845.9

291.9

302.1

302.1

306.1

310.5

310.7

313.5

325.5

324.2
241.1
83.2
486.7

347.0
253.1
93.9
498.9

116.2
84.7
31.5
175.7

122.5
89.6
32.9
179.6

123.2
89.6
33.6
178.9

125.0
89.1
36.0
181.1

129.6
92.7
36.8
180.9

129.8
92.7
37.1
180.9

129.7
94.3
35.4
183.9

139.4
98.7
40.6
186.1

347.7
441.6

284

33 8

-34.0

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Billions of dollars

Billions of 1972 dollars

Seasonally adjusted at annual rates

1983

1984

1984
II

Gross national product
Final sales
Change in business inventories

Addenda:
Gross domestic purchases l
Final sales to domestic purchasers *

I

II

1984

1984

III"

III

1985
IV

I

II

III"

1,671.3

1,684.8

3,853.1 3,916.1

1,534.7

1,639.3

1,638.8

1,645.2

1,662.4

1,663.5

3,318.3 3,604.6 3,594.1 3,622.8 3,722.1 3,770.0
36.6
71.8
40.7
50.6
58.2
-13.5

3,835.2 3,924.2
17.9
-8.1

1,538.3
-3.6

1,614.5 1,618.5
20.3
24.8

1,614.6
30.6

1,645.6
16.8

1,644.4 1,663.0 1,686.9
19.1
8.3
-2.1

1,544.8 1,549.2

1,579.8 1,583.8

1,579.5 1,595.1

688.6

764.5

767.4

766.8

778.8

773.0

772.2

777.3

1,494.2
50.6

1,477.4
71.8

1,543.2
36.6

1,543.1
40.7

1,561.7
17.9

1,603.1
81

692.2
36

739.6
24.8

747.1
20.3

736.1
30.6

762.0
16.8

753.8
19.1

763.9
8.3

779.4
-2.1

655.7
625.3
30.4
887.3
859.5
27.8

647.9
629.7
18.2
896.9
864.6
32.4

654.7
613.1
41.7
894.4
864.3
30.1

687.7
661.0
26.7
892.1
882.2
9.9

677.1
648.2
29.0
906.7
895.0
11.7

669.6
665.9
3.7
910.0
895.8
14.2

674.8
687.6
128
920.2
915.5
4.8

295.6
296.1
5
392.9
396.1
-3.2

341.6
328.4
13.2
422.9
411.2
11.7

339.5
331.4
8.1
427.9
415.7
12.2

340.2
322.4
17.8
426.5
413.7
12.8

355.4
343.4
12.0
423.5
418.6
4.8

346.9
334.3
12.6
426.0
419.5
6.5

346.6
344.4
2.1
425.7
419.5
6.2

348.8
353.9
-5.1
428.5
425.5
3.0

1,639.3 1,763.3 1,742.6 1,783.3
356.5
357.2
362.1
309.8

1,813.7
365.2

1,857.2
369.6

1,888.8 1,927.3
393.8
384.8

723.2
122.9

736.7
138.1

732.9
138.5

739.0
139.4

743.6
140.0

749.7
140.9

753.5
145.5

760.0
147.5

3,313.1 3,727.0 3,703.4 3,785.2 3,814.8 3,885.2
. . . 3,326.5 3,668.8 3,652.8 3,713.4 3,778.1 3,844.5

3,947.1 4,005.3
3,929.2 4,013.4

1,522.1 1,654.4 1,650.2
1,525.7 1,629.5 1,629.9

1,672.2
1,641.6

1,675.8
1,659.0

. .

555.3
557.5
-2.1
800.4
811.7
-11.3

1,543.0

1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.




II

1,369.2 1,484.8
58.2
-13.5

Final sales..
Change in business inventories

Services
Structures

IV

1983

3,304.8 3,662.8 3,644.7 3,694.6 3,758.7 3,810.6

1,355.7

Goods

Durable goods
Final sales..
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

III

Seasonally adjusted at annual rates

1985

1,692.0 1,705.1 1,718.8
1,672.8 1,696.8 1,720.9