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SURVEY OF CURRENT BUSINESS

8

October 1986

National Income and Product Accounts Tables
New estimates in this issue: Third quarter 1986, preliminary (p).
The full set of National Income and Product Accounts 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.—Gross National Product

Table 1.2.—Gross National Product in Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]

Seasonally adjusted at annual rates

1984

1985

II
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

III

Seasonally adjusted at annual rates

1986

1985

IV

I

II

1984

IIP

2,428.2 2,600.5 2,576.0 2,627.1 2,667.9 2,697.9 2,732.0 2,799.3
331.2
359.3 354.0 373.3 362.0 360.8 373.9 410.2
870.1 905.1 902.3 907.4 922.6 929.7 928.4 935.5
1,227.0 1,336.1 1,319.7 1,346.4 1,383.2 1,407.4 1,429.8 1,453.6
662.1

661.1

667.1

657.4

669.5

708.3

687.3

674.7

598.0
416.5
139.3

650.0
458.2
154.8

648.0
459.2
156.1

654.3
459.8
155.0

672.6
474.0
157.2

664.4
459.2
154.6

672.8
457.5
141.5

682.3
461.1
139.6

277.3
181.4

303.4
191.8

303.1
188.8

304.7
194.5

316.8
198.6

304.6
205.3

316.0
215.3

321.5
221.1

64.1
56.6
7.5

11.1
12.2
-1.1

19.1
10.4
8.6

3.1
31
3.2
16.7
-.1 -19.9

43.8
41.2
2.7

14.5
10.5
3.9

-7.5
-7.4
.2

-58.7

-78.9

-77.1

382.7
441.4

369.8
448.6

370.0
447.1

733.4

815.4

799.0

311.3
235.0
76.2
422.2

354.1
259.4
94.7
461.3

340.9
255.1
85.8
458.1

-83.7 -105.3 -93.7 -104.5 -110.1
368.2
473.6

374.8
468.5

363.0
467.5

373.5
483.7

829.7

855.6

360.9
265.5
95.5
468.8

380.9
268.0
112.9
474.7

836.7

860.8

870.4

355.7
266.4
89.3
480.9

367.6
278.4
89.2
493.3

365.7
277.0
88.8
504.7

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

1985

II

3,765.0 3,998.1 3,965.0 4,030.5 4,087.7 4,149.2 4,175.6 4,234.3

362.3
446.0

1985

Gross national product

III

1986

IV

I

II

IIP

3,489.9 3,585.2 3,567.6 3,603.8 3,622.3 3,655.9 3,661.4 3,683.3

Personal consumption
expenditures

2,246.3 2,324.5 2,311.9 2,342.0 2,351.7 2,372.7 2,408.4 2,450.4

Durable goods
Nondurable goods
Services

318.9 343.9 338.8 357.4 347.0 345.4 357.1 387.3
828.6 841.6 841.3 843.8 847.2 860.6 877.3 879.1
1,098.7 1,139.0 1,131.8 1,140.8 1,157.5 1,166.6 1,174.0 1,184.0

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

652.0

647.7

655.6

643.8

653.2

684.0

664.7

648.6

592.8
422.2
141.3

638.6
461.4
152.2

638.1
463.0
154.1

643.1
463.1
152.3

658.4
476.9
152.4

644.1
457.8
148.1

649.6
456.8
132.9

653.2
457.1
129.7

280.9
170.6

309.2
177.2

308.9
175.1

310.9
180.0

324.5
181.5

309.7
186.3

323.9
192.7

327.4
196.1

59.2
54.3
4.9

9.0
10.9
-1.9

17.4
9.6
7.8

-5.2
.7
1.4
16.1
-.7 -21.3

39.9
37.0
2.9

15.1
11.0
4.1

-4.5
-5.0
.5

Net exports of goods and
83 6

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

108 2

108 1

113 8

132 0

125 9

153 9 -164.6

369.7
453.2

362.3
470.5

361.2
469.3

355.8
469.6

362.9
494.8

369.2
495.1

359.8
513.6

372.9
537.5

675.2

721.2

708.3

731.8

749.4

725.2

742.2

748.8

291.7
219.4
72.3
383.5

323.6
235.7
87.8
397.6

311.4
233.5
77.9
396.9

329.9
242.2
87.6
401.9

347.2
239.3
107.9
402.2

320.4
238.7
81.7
404.8

328.9
249.3
79.5
413.3

329.3
249.8
79.6
419.5

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

Table 1.3.—Gross National Product by Major Type of Product

Table 1.4.—Gross National Product by Major Type of Product in
Constant Dollars

[Billions of dollars]

[Billions of 1982 dollars]

Seasonally adjusted at annual rates

1984

II
Gross national product
Final sales
Change in business
inventories
Goods
Final sales
Change in business
inventories

III

Seasonally adjusted at annual rates

1986

1985

1985

IV

I

II

1984

IIP

3,765.0 3,998.1 3,965.0 4,030.5 4,087.7 4,149.2 4,175.6 4,234.3
3,700.9 3,987.0 3,945.9 4,027.4 4,090.8 4,105.4 4,161.2 4,241.8

64.1

11.1

19.1

3.1

-3.1

43.8

14.5

-7.5

1,576.7 1,630.2 1,622.4 1,642.7 1,644.1 1,669.0 1,661.5 1,684.4
1,512.6 1,619.1 1,603.3 1,639.7 1,647.2 1,625.2 1,647.1 1,692.0

64.1

11.1

19.1

3.1

-3.1

43.8

14.5

-7.5

Durable goods
Final sales
Change in business
inventories

675.0
635.9

700.2
693.6

693.1
690.8

710.3
713.0

709.1
699.6

710.6
682.0

703.1
703.2

728.0
742.7

39.2

6.6

2.3

2.7

9.5

28.6

Nondurable goods
Final sales
Change in business
inventories

901.7
876.7

930.0
925.5

929.3
912.6

932.5
926.7

935.0
947.7

958.4
943.1

Services
Structures

-.1 -14.7

958.5
943.9

956.4
949.2

7.2
14.6
15.3
12.7
16.7
5.8
25.0
4.5
1,813.2 1,959.8 1,935.4 1,971.9 2,025.5 2,057.7 2,087.4 2,115.7
375.1 408.1 407.2 415.9 418.1 422.6 426.7 434.1

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




1985

1985

II
Gross national product
Final sales
Change in business
inventories... .
Goods
Final sales .
Change in business
inventories

III

1986

IV

I

IIP

II

3,489.9 3,585.2 3,567.6 3,603.8 3,622.3 3,655.9 3,661.4 3,683.3
3,430.7 3,576.2 3,550.2 3,603.1 3,627.5 3,616.1 3,646.3 3,687.8

59.2

9.0

17.4

.7

-5.2

39.9

15.1

-4.5

1,503.1 1,533.2 1,526.0 1,544.2 1,541.7 1,563.6 1,562.8 1,573.0
1,443.9 1,524.2 1,508.6 1,543.6 1,546.9 1,523.7 1,547.6 1,577.6

59.2

9.0

17.4

.7

52

39.9

15.1

-4.5

Durable goods
Final sales
Change in business
inventories

653.4
615.9

675.8
670.0

668.3
666.6

686.5
689.3

688.7
680.2

688.6
662.6

687.5
688.3

711.4
725.5

37.5

5.9

1.7

29

8.4

26.0

7

14 1

Nondurable goods
Final sales .
Change in business
inventories

849.7
828.0

857.4
854.2

857.7
841.9

857.8
854.2

853.0
866.7

875.0
861.1

875.2
859.4

861.6
852.0

Services
Structures

21.7
3.2
15.7
3.5
13 6
15.9
9.6
13.9
1,623.0 1,667.6 1,656.5 1,668.7 1,692.1 1,703.0 1,712.0 1,720.7
363.9

384.4

385.1

390.9

388.5

389.4

386.6

389.6

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

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