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SURVEY OF CURRENT BUSINESS May 1980 NATIONAL INCOME AND PRODUCT TABLES 1978 1978 1979 IV 1980 1979 I II III IV Ir 1978 1978 1979 1979 IV I Seasonally adjusted at annual rates II 1980 III IV Ir Seasonally adjusted at annual rates Billions of current dollars Billions of 1972 dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) 2,127.6 2,368.8 2,235.2 2,292.1 2,329. 8 2,396.5 2,456.9 2,516.1 1,399.2 1,431.6 1,426.6 1,430.6 1,422. 3 1,433.3 1,440.3 1,442.6 Gross national product Personal consumption expenditures 1,350.8 1,509.8 1,415.4 1,454.2 1, 475. 9 1,528.6 1,580.4 1,628.7 __ 900.8 924.5 920.3 921.8 915.0 925.9 935.4 936.0 216.2 630.7 733.5 220.4 650.6 757.8 146.7 343.3 410.8 147.1 349.1 428.3 152.1 351.9 416.3 150.2 348.1 423.5 144.8 344.1 426.1 146 9 349.2 429.9 146 7 355.1 433.6 145 5 353.0 437.6 392.3 387.2 384.0 214.3 215.2 211A 217.2 221.7 214.2 207.7 202.2 377.8 381.7 383.9 200.2 205.5 205.5 204.9 203.5 207.1 206.3 204.1 261.8 95.0 166.7 265.2 100.2 165.1 273.3 103.1 170.2 140.1 43.9 96.2 148.8 48.1 100.7 145.5 46.5 98.9 147.2 45.8 101.3 146. 9 47.9 99.0 150.7 48.7 101.9 150.5 50 1 100.4 152.1 50 5 101.6 112.9 109.1 1.8 2.0 116.0 112.0 2.0 2.0 116.4 112.1 2.3 2.1 110.5 106.2 2.2 2.2 60.1 57.7 1.0 1.4 56.7 54.3 .9 1.4 60.0 57.6 1.0 1.4 57.7 55.6 .8 1.4 56.7 54.4 .9 1.4 56.5 54.0 1.0 1.4 55.8 53.2 1.1 1.5 52.0 49.4 1.0 1.5 33.4 32.6 14.5 12.6 14.1 13.7 9.7 12.0 11.5 12.3 12.1 18.1 17.7 7.1 1.4 .2 .4 6.1 1.0 -.4 1.8 —1.9 -2.0 .5 208.7 581.2 686.0 200.3 530.6 619.8 213.0 596.9 699.8 212.1 558.1 645.1 213.8 571.1 669.3 351.5 387.2 370.5 373.8 395.4 329.1 369.0 349.8 354.6 361.9 Nonresidential _____ _ Structures Producers' durable equipment 221.1 76.5 144.6 254.9 92.6 162.2 236.1 84.4 151.8 243.4 84.9 158.5 249.1 90.5 158.6 Residential Nonfann structures Farm structures Producers' durable equipment 108.0 104.4 1.8 1.9 22.3 21.3 114.1 110.2 1.9 2.0 113.7 110.0 1.9 1.9 111.2 107.8 1.5 1.9 18.2 16.5 20.6 19.3 19.1 18.8 1.1 1.7 1.3 .3 .8 -10.3 -4.6 -4.5 4.0 207.2 217.5 257.5 262.1 224.9 229.4 435.6 476.4 453.8 Durable goods Nondurable goods Services _. Gross private domestic investment Fixed investment __ _ _ _ _ _ _ _ Change in business inventories N on farm Farm Net exports of goods and services Exports Imports _ _ . _ Government purchases of goods and services Federal _ National defense Nondefense State and local 152.6 99 0 53 6 283.0 _ 166.6 108 3 58.4 309.8 159.0 101 2 57 8 294.8 213.4 604.7 710.6 5.6 .1 1.9 2.1 3.5 -.1 .3 -8.1 -2.3 -11.9 238.5 234.4 243.7 251.9 267.3 269.5 460.1 466.6 477.8 1P3.6 103.4 60.2 296.5 161.7 106.0 55.7 304.9 162.9 109.0 53.9 314.9 .3 8.9 .9 -14.0 11.0 17.6 12.9 17.0 13.2 20.1 20.1 24.3 280.4 292.4 304.2 318.2 108.9 97.9 119.9 102.3 113.8 101.0 117.0 100.0 116.0 102.9 122.2 102.1 124.3 104.1 130.0 105.6 501.2 517.4 273.2 274.3 276.0 274.7 272.4 273.1 277.1 280.0 178.4 114.6 63.8 322.8 186.2 119.6 66.6 331.2 98.1 97.4 101.1 104.3 174.3 175.6 176.0 175.7 98.6 99.4 99.3 101.1 174.6 174.9 176.6 173.6 .2 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) 2,127.6 2,368.8 2,235.2 2,292.1 2,329. 8 2,396.5 2,456.9 2,516.1 1,399.2 1,431.6 1,426.6 1,430.6 1,422.3 1,433.3 1,440.3 1,442.6 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 . . . _. ... . 2,105.2 2,350. 6 2,214.5 2,272.9 2,296. 4 2,381.9 2,451.4 2,516.0 1,385.1 1,421. 9 1,414.6 1,418.4 1,404.1 1,426.2 1,439.0 1,444.5 14.1 12.3 33.4 5.6 18.1 7.1 1.4 19.1 14.5 9.7 12.0 -1.9 20.6 22.3 18.2 .1 930.0 1,030.5 983.8 1,011.8 1,018.1 1,036.0 1,056.3 1,082.5 639.5 653.1 657.3 658.6 647.3 651.3 655.1 657.2 907.7 1,012.4 22.3 18.2 963.2 20.6 992.7 19.1 984. 6 1,021.5 1,050.7 I 082.3 33.4 14.5 5.6 .1 625.4 14.1 643.4 9.7 645.3 12.0 646.3 12.3 629.1 18.1 644.2 7.1 653.7 1.4 659.1 -1.9 380.4 366.5 13.9 423.1 410 2 13.0 402.3 388.9 13.4 425.5 407.1 18.4 422.4 398.0 24.3 424.4 417.1 7.3 420.2 418.4 1.8 420.1 434 3 -14.3 270.0 261.4 8.6 278.3 271.3 7.0 279.1 270.6 8.5 286.0 275.2 10.8 278.3 265.1 13.2 276.6 272.9 3.7 272.4 272.0 .4 270.0 276.0 -6.0 549.6 541 2 8.4 607.4 602 2 5.2 581.6 574 3 7.2 586.2 585.5 .7 595 7 586 6 9.1 611.6 604.4 7.2 636.1 632.3 3.8 662.4 648 0 14.4 369.4 364.0 5.5 374.8 372.1 2.7 378.2 374.7 3.5 372.6 371.2 1.4 369.0 364.1 4.9 374.7 371.3 3.4 382.7 381.7 1.0 387.3 383.1 969 3 1 085 1 1,005.3 1,041. 4 1 064 2 1 100.6 1,134.0 1,168.2 238.9 256.4 266.6 247.5 259.8 228.2 253.2 246.0 630.3 129.5 649.7 128.8 636.0 133.3 645.2 126.8 647.3 127.7 652.0 130.0 654.4 130.8 657.8 127.5 4.1 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product.. Gross domestic product Business Nonfarm Nonfarm less housingHousing Farm Statistical discrepancy. _. Residual! Households and institutionsGovernment Federal State and local _ Rest of the world. 127.6 2,368.8 2,235.2 2,292.1 2,329. 8 2,396.5 2,456.9 2,516.1 1,399.2 1,431.6 1,426.6 1,430.6 1,422.3 1,433.3 1,440.3 1,442.6 2,107.0 2,343.5 2,213.9 2,267.9 2, 306.1 2,369.5 2,430.6 2,488.6 , 391.1 1,423.8 1,418.4 1,421.7 1,414. 2 1,425.3 1,433.8 1,437.1 1,807.8 2,017.9 1,904.9 1,951.4 1,984.5 2,042.0 2, 093. 6 2.144.1 1.197.5 1,228. 3 1,223.9 1,226.9 1,219.0 1,229.3 1,237.9 1,240.4 ,745.0 1,944.0 1,837.5 1,880.8 1,915. 2 1,964.8 2,015.2 2,068. 3 1,160.0 1,191.2 1,188.0 1,193.1 1,184. 7 1,189.4 1,197.8 1,199.8 1,579.2 1,755.6 1,664.7 1,702.3 1,731.0 1,773.4 1,815.8 1.862.2 1.039.6 1,063.8 1,065.8 1,068.6 1,058. 2 1,061.0 1,067.4 1,067.5 184.2 120.4 132.3 126.5 128.4 130.3 206.1 122.3 124.5 172.9 127.4 165.8 188.4 178.6 191.4 199.4 7a 6 34.2 35.4 35.1 34.9 33.4 35.9 33.2 €6.8 £3.3 58.5 70.2 34.8 70.0 £&d 71.1 -1.3 9.0 4.1 3.3 8.3 7.2 4.3 . 8 5.2 .4 5.0 3.4 2.2 2.7 77.2 229.6 71.8 157.8 248.4 77.0 171.4 20.5 25.3 74.8 75.8 237.0 74.8 162.2 241.8 75.5 166.3 245.8 75.8 170.0 249.6 76.3 173.3 256.6 80.6 175.9 261.3 81.2 180.1 21.2 24.2 23.7 26.9 26.4 27.5 72.1 77.9 80.4 83.3 45.0 44.1 44.4 44.7 45.4 45.7 46.2 149.9 49.1 100.8 150.5 49.1 101.3 150.4 49.3 101.1 150.4 49.2 101.2 150. 5 49.1 101.4 150.6 49.2 101.5 150.3 49.0 101.2 150.5 49.1 101.4 8.1 7.9 8.1 8.1 8.0 6.5 5.5 43.6 r Revised, gee footnotes on p. 6. HISTORICAL STATISTICS The national income and product series for 1929-72 are in The National Income and Product Accounts of the United States, 1929-74: Statistical Tables (available for $4.95, SN 003-010-00052-9, from Commerce Department District Offices or the Superintendent of Documents; see addresses inside front cover). Data for 1973, 1974, 1975, and 1975-78 are in the July 1976, 1977, 1978, and 1979 issues of the SURVEY, respectively. Summary national income and product series in current and constant dollars and implicit price deflators for 1947-79 are shown in the January 1980 issue of the SURVEY.
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