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SURVEY OF CURRENT BUSINESS February 1986 National Income and Product Accounts Tables Revised estimates in this issue: Fourth quarter and annual 1985 (0, population of the United States, and per capita disposable personal income in current and constant dollars. These tables include corrections to certain series in table 1.7 (1984 only), table 7.16 (1984 and 1984:1111985:11), and table 8.1 (1984 only). See "Errata: National Income and Product Accounts," page 16. 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 Seasonally adjusted at annual rates 1984 1985 r 1985 1984 III IV I 1984 III II IV 3,774.7 3,989.1 3,812.2 3,852.5 3,917.5 3,960.6 4,016.9 4,061.5 Gross national product Personal consumption expenditures Durable goods Nondurable goods Services 2,423.0 2,582.1 2,439.0 2,480.1 2,525.0 2,563.3 2,606.1 2,634.0 331.1 361.1 331.1 341.5 351.5 356.5 376.0 360.3 872.4 912.3 876.6 883.1 895.7 910.2 914.5 928.6 1,219.6 1,308.8 1,231.3 1,255.4 1,277.8 1,296.6 1,315.6 1,345.1 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 674.0 607.0 427.9 147.6 668.6 661.4 475.8 170.3 687.9 619.5 435.9 151.3 676.2 637.2 458.1 157.2 657.6 639.1 459.6 166.1 672.8 657.3 474.2 169.7 666.1 665.9 478.5 170.4 678.0 683.4 490.9 175.2 280.2 179.1 305.5 185.6 284.5 183.7 300.9 179.1 293.5 179.4 304.5 183.1 308.1 187.4 315.7 192.6 67.1 58.0 9.1 7.2 10.7 -3.5 68.3 62.8 5.5 39.0 36.4 2.6 18.5 14.2 4.3 15.5 10.8 4.7 -59.2 -76.9 -61.9 -72.2 -42.3 -70.3 384.6 370.2 391.4 389.5 379.6 369.2 443.8 447.0 453.3 461.7 421.9 439.5 Government purchases of goods and services Federal National defense Nondefense State and local 736.8 312.9 237.0 76.0 423.9 815.3 355.0 262.0 93.0 460.3 747.3 318.5 236.2 82.2 428.8 768.4 332.9 247.5 85.4 435.5 777.2 334.4 249.5 84.9 442.8 794.8 337.8 256.0 81.7 457.1 1985 r .2 -5.5 3.1 14.5 -2.9 -20.0 87.8 363.2 451.0 106.9 368.7 475.7 832.5 364.8 269.9 95.0 467.7 856.5 382.9 272.5 110.4 473.6 IV III Government purchases of goods and services Federal National defense Nondefense State and local II I III IV 3,492.0 3,571.0 3,510.4 3,515.6 3,547.8 3,557.4 3,584.1 3,594.8 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 1985 1984 2,239.9 2,313.0 2,243.4 2,262.0 2,288.6 2,303.5 2,329.6 2,330.3 318.6 345.0 318.0 327.6 335.0 340.3 359.3 345.5 828.0 846.9 831.2 828.6 839.9 846.7 849.8 851.4 1,093.3 1,121.0 1,094.3 1,105.8 1,113.7 1,116.5 1,120.4 1,133.5 , , 661.3 598.6 430.3 148.7 648.6 643.0 471.7 165.9 673.3 608.4 437.6 151.6 659.9 623.8 457.8 156.0 639.6 623.8 457.2 163.2 655.6 640.5 470.9 165.3 645.0 646.8 473.7 165.8 654.2 660.9 485.1 169.5 281.6 168.3 305.7 171.3 286.0 170.8 301.9 166.0 293.9 166.7 305.6 169.6 307.9 173.1 315.6 175.8 62.7 55.9 6.8 5.6 9.6 -4.0 64.9 60.4 4.5 36.1 34.6 1.5 15.8 11.8 4.0 15.1 10.7 4.5 -6.7 -1.8 14.3 1.6 -3.4 -21.0 -85.0 -106.7 -88.7 -100.2 -71.8 -101.1 370.9 360.1 376.9 377.3 368.7 358.2 455.9 466.8 465.6 477.5 440.5 459.3 119.8 -134.0 353.5 359.9 473.3 493.9 675.9 292.5 220.3 72.3 383.3 716.1 322.2 235.9 86.3 393.9 682.4 296.7 219.6 77.1 385.7 693.9 307.3 227.9 79.5 386.6 691.4 699.4 729.2 304.3 226.7 77.6 387.1 305.9 231.5 74.3 393.6 331.1 243.3 87.9 398.1 744.3 347.4 241.9 105.4 396.9 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 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 1985 ' 1984 III Nondurable goods Final sales Change in business inventories Services Structures IV I 1984 67.1 .2 -5.5 68.3 18.5 15.5 39.0 7.2 1,585.8 1,640.1 1,595.8 1,604.0 1,628.4 1,636.0 1,650.8 1,645.4 1,518.8 1,633.0 1,527.5 1,565.0 1,609.8 1,620.5 1,650.6 1,650.9 , 67.1 7.2 679.5 642.5 708.9 703.4 68.3 680.9 641.4 37.0 5.5 39.4 906.3 876.2 931.3 929.6 915.0 886.1 39.0 18.5 15.5 .2 55 701.9 672.6 706.2 689.4 705.9 704.0 714.8 721.2 708.5 699.0 29.3 902.2 892.5 16.9 922.1 920.5 -6.4 930.2 916.5 9.5 936.9 951.9 1.8 935.9 929.4 13.7 6.6 -15.0 28.9 1.6 30.1 9.7 1.7 1,806.6 1,929.5 1,823.8 1,855.6 1,887.6 1,908.2 1,939.9 1,982.5 382.2 419.4 392.6 392.9 401.5 416.3 426.2 433.6 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1985 r IV r III II 3,774.7 3,989.1 3,812.2 3,852.5 3,917.5 3,960.6 4,016.9 4,061.5 3,707.6 3,981.9 3,743.9 3,813.5 3,899.0 3,945.0 4,016.7 4,066.9 Gross national product Final sales Change in business inventories Goods Final sales Change in business inventories Durable goods Final sales Change in business inventories Seasonally adjusted at annual rates 1985 1984 III 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 1985 IV I II III IV 3,492.0 3,571.0 3,510.4 3,515.6 3,547.8 3,557.4 3,584.1 3,594.8 3,429.3 3,565.4 3,445.5 3,479.5 3,532.0 3,542.3 3,585.8 3,601.5 64.9 36.1 62.7 5.6 15.8 15.1 18 67 1,506.4 1,533.5 1,514.4 1,510.5 1,530.3 1,531.5 1,541.0 1,531.0 1,443.7 1,527.8 1,449.5 1,474.4 1,514.6 1,516.3 1,542.7 1,537.7 62.7 655.4 619.9 5.6 676.1 671.3 64.9 655.4 617.6 36.1 15.8 15.1 672.6 644.8 673.1 657.2 674.2 672.6 35.5 4.8 857.3 856.5 37.9 859.0 832.0 27.9 15.8 1.6 837.9 829.6 857.3 857.3 857.3 843.8 851.0 823.9 -1.8 680.3 686.4 677.0 669.0 -6.7 -6.1 860.7 856.3 8.0 854.0 868.7 1 13.5 27.1 4.4 14 7 8.2 .8 27.0 1,615.4 1,643.4 1,618.7 1,630.1 1,636.0 1,633.9 1,643.4 1,660.3 370.2 394.2 377.2 375.0 381.5 392.0 399.7 403.5 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.