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SURVEY OF CURRENT BUSINESS February 1980 NATIONAL INCOME AND PRODUCT TABLES 1979 1978 1978 I IV III 1979 r 1978 III II IV' 1978 1979 •• 1979 IV III Seasonally adjusted a t annual rates I in II rv ' Seasonally adjusted a t annual rates Billions of current dollars Billions of 1972 dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) Gross national product 2,127.6 2,369.4 2,159.6 2,235.2 2,292.1 2, 329. 8 2,396.5 2,459.4 1, 399. 2 1,431.7 1,407.3 1,426.6 1,430.6 1, 422. 3 1,433.3 1, 440. 7 _ Durable goods Nondurable goods Services.. . . _. 900 8 924 6 905 3 920 3 921 8 915.0 925 9 935 9 216.5 630.6 734.1 146.7 343 3 410.8 147.2 349 1 428.3 147.5 344 7 413 1 152.1 351 9 416.3 150.2 348 1 423.5 144.8 344.1 426.1 146.9 349.2 429.9 146.9 355.2 433.7 1 350.8 1,510.0 1 369.3 1 415.4 1 454.2 1, 475. 9 1, 528. 6 1, 581. 2 Personal consumption expenditures ... 200.3 530.6 619.8 213.1 596.9 700.0 203.5 536.7 629.1 212.1 558.1 645.1 213.8 571.1 669.3 208.7 581.2 686.0 213.4 604.7 710.6 351.5 387.2 356.2 370.5 373.8 395.4 392.3 387.5 214.3 215.3 214.0 217.4 217.2 221.7 214.2 208.1 329.1 368.8 336.1 349.8 354.6 361.9 377.8 380.8 200.2 205.3 201.8 205.5 204.9 203.5 207.1 205.6 Non residential Structures Producers' durable equipment 221.1 76.5 144.6 254.6 92.7 161.9 225.9 79.7 146.3 236.1 84.4 151.8 243.4 84.9 158.5 249.1 90.5 158.6 261.8 95.0 166.7 264.2 100.4 163.9 140.1 43 9 96.2 148.6 48.2 100.5 141.6 45 1 96.5 145,5 46 5 98.9 147.2 45.8 101.3 146.9 47.9 99.0 150.7 48.7 101.9 149.8 50.2 99.6 Residential Nonfarm structures Farm structures Producers' durable equipment 108.0 104.4 1.8 1.9 114.2 110.3 1.9 2.0 110.2 106.4 1.9 1.9 113.7 110.0 1.9 1.9 111.2 107.8 1.5 1.9 112.9 109.1 1.8 2.0 116.0 112.0 2.0 2.0 116.6 112.1 2.3 2.1 60.1 57.7 1.0 1.4 56.7 54.3 .9 1.4 60 2 57.7 1.0 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 55.9 53.3 1.1 1.5 Change in business inventories Nonfarm Farm . 22.3 21.3 1.1 18.5 16.8 1.7 20.0 18.5 1.6 20.6 19.3 1.3 19.1 18.8 .3 33.4 32.6 .8 14.5 12.6 1.9 6.7 3.2 3.5 14.1 13.7 .3 10.0 9.1 .9 12.2 11.6 .6 12.0 11.5 .5 12.3 12.1 .2 18.1 17.7 .4 7.1 6.1 1.0 2.5 .7 1.8 Net exports of goods and services -10.3 -4.2 -6.8 -4.5 4.0 -8.1 -2.3 -10.5 11.0 17.5 13.3 12.9 17.0 13.2 20.1 19.8 207.2 217.5 257.8 262.0 213.8 220.6 224.9 229.4 238.5 234.4 243.7 251.9 267.3 269.5 281.8 292.3 108.9 97.9 120.0 102.4 111.9 98.5 113.8 101.0 117.0 100.0 116.0 102.9 122.2 102.1 124.6 104.8 435.6 476.4 440.9 453.8 460.1 466.6 477.8 501.2 273.2 274.3 274.7 276.0 274.7 272.4 273.1 276.9 152.6 99.0 53 6 283.0 166.6 108.3 58 4 309.8 152.3 99.0 53 3 288 6 159.0 101.2 57 8 294.8 163.6 103.4 60.2 296.5 161.7 106.0 55.7 304.9 162.9 109.0 53.9 314.9 178.4 114.6 63.8 322.8 98.6 99.4 98.5 99.3 101.1 98.1 97.4 100.9 174.6 174.9 176.2 176.6 173.6 174.3 175.6 176.0 Gross private domestic investment Fixed investment Exports Imports .. . . . . Government purchases of goods and services Federal National defense Non defense State and local . Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) 2, 127. 6 2 369.4 2, 159. 6 2, 235. 2 2, 292. 1 2, 329. 8 2, 396. 5 2, 459. 4 1, 399. 2 1,431.7 1, 407. 3 1, 426. 6 1,430.6 1, 422. 3 1,433.3 1,440.7 Gross national product.. Final sales . Change in business inventories . . Goods Final sales Change in business inventories. 2 105 2 2 351 0 2 139 5 2 214.5 2, 272. 9 2, 296. 4 2, 381. 9 2 452. 7 1,385.1 1,421 7 1,395.1 1,414.6 1,418.4 1,404.1 1, 426. 2 1, 438. 2 2.5 7.1 12.3 33.4 14.1 12.2 18.1 22.3 19.1 14.5 20.6 6.7 12.0 10.0 20.0 18.5 930.0 1, 031. 1 940.9 983.8 1, Oil. 8 1, 018. 1 1, 036. 0 1,058.5 639.5 653.1 641.8 657.3 658.6 647.3 651.3 655.3 907.7 1 012 6 22.3 18 5 920.8 20.0 963.2 20.6 992.7 19.1 984.6 1, 021. 5 1 051.8 33.4 14.5 6.7 625.4 14.1 643 2 10.0 629.6 12.2 645.3 12.0 646.3 12.3 629.1 18.1 644.2 7.1 652.9 2.5 Durable goods Final sales Change in business inventories 380.4 366 5 13.9 423 4 410 1 13.4 382.6 372 3 10.3 402.3 388 9 13.4 425.5 407 1 18.4 422.4 398.0 24.3 424 .4 417.1 7.3 421.4 418 0 3.4 270.0 261.4 8.6 278.1 270 9 7.2 269.9 263.6 6.3 279.1 270.6 8.5 286.0 275.2 10.8 278.3 265.1 13.2 276.6 272.9 3.7 271.6 270.5 1.2 Nondurable goods Final sales Change in business inventories 549 6 541.2 8.4 607 7 602 6 5.1 558 3 548.6 9.7 581.6 574.3 7.2 586 2 585.5 .7 595 7 586 6 91 611.6 604.4 7.2 637 2 633.8 3.3 369.4 364.0 5.5 375 0 372.3 2.8 372.0 366.0 5.9 378.2 374.7 3.5 372.6 371.2 1.4 369.0 364.1 4.9 374.7 371.3 3.4 383.7 382.4 1.3 981.7 1, 005. 3 1, 041. 4 1 064 2 1,100.6 1, 133. 8 267 0 237 0 246 0 238 9 247 5 259.8 630.3 129.5 649.7 128 9 633.1 132.4 636.0 133.3 645.2 126.8 647.3 127.7 652.0 130.0 654.4 131.0 969.3 1 085.0 228 2 253 3 Services Structures 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 housing Housing... Farm Statistical discrepancy Residual * Households and institutions Government Federal State and local Rest of the world r Revised. 2.127.6 2,369.4 2,159.6 2,235.2 2,292.1 2, 329. 8 2,396.5 2,459.4 1,399.2 1,431.7 1,407.3 1,426.6 1,430.6 1, 422. 3 1,433.3 1,440.7 2, 107. 0 2,344.3 2,138.9 2,213.9 2,267.9 2, 306. 1 2,369.5 2,433.7 1,391.1 1,423.9 1,399.2 1, 418. 4 1, 421. 7 1,414.2 1,425.3 1,434.2 1,807.8 2,018.6 1,837.6 1,904.9 1, 951. 4 1,984.5 2, 042. 0 2, 096. 6 1,197.5 1, 228. 4 1,205.1 1,223.9 1,226.9 1,219.0 1,229.3 1,238.3 1, 160. 0 1, 191. 2 1, 169. 1 1, 188. 0 1, 193. 1 1, 184. 7 1,189.4 1, 197. 6 1, 745. 0 1, 944. 5 1, 774. 8 1,837.5 1,880.8 1, 915. 2 1,964.8 1, 039. 6 1,063.8 1,048.2 1,065.8 1,068.6 1, 058. 2 1, 061. 0 1,067.3 1,579.2 1,756.1 1,607.1 1,664.7 1,702.3 1, 731. 0 1, 773. 4 128.4 130.3 126.5 122.3 124.5 184.2 121.0 127.4 191.4 " I 9 9 . T 120.4 167.7 172.9 165.8 178.6 188.4 34.9 35.7 35.1 33.2 33.4 70.6 34.8 33.6 68.9 34.2 58.9 63.3 59.5 71.1 70.0 70.2 -1.3 8.3 3.9 4.1 3.3 .6 4.0 -.8 35.0 5.0 .4 2.7 2.4 2.4 3.4 69.6 77.3 70.3 72.1 74.8 75.8 77.9 80.5 43.6 45.0 43.9 44.1 44.4 44.7 45.4 45.7 229.6 71.8 157.8 248.4 77.0 171.4 231.0 71.5 159.4 237.0 74.8 162.2 241.8 75.5 166.3 245.8 75.8 170.0 249.6 76.3 173.3 256.6 80.6 175.9 149.9 49.1 100.8 150.5 49.1 101.3 150.2 49.2 100.9 150.4 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 20.5 25.1 20.7 21.2 24.2 23.7 26.9 25.7 8.1 7.9 8.1 8.1 8.9 8.1 8.0 6.5 See footnotes on p. 4. 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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