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SURVEY OF CURRENT BUSINESS February 1987 National Income and Product Accounts Tables New estimates in this issue: Fourth quarter and annual 1986, revised ( r ). Estimates for 1929-82 are in The National Income and Product Accounts, 1929-82: Statistical Tables (GPO Stock No. 003-010-00174-7, price $23.00). Estimates for 1983-85 are in the July 1986 SURVEY. These publications are available from the Superintendent of Documents and Commerce Department District Offices; see addresses inside front cover. The full set of national income and product accounts estimates shown regularly in this part of the SURVEY are 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 1985 1986r 1985 III Gross national product Personal consumption expenditures Seasonally adjusted at annual rates 1986 IV I II 1985 ivr III 3,998.1 4,206.5 4,030.5 4,087.7 4,149.2 4,175.6 4,240.7 4,260.6 2,600.5 2,763.1 2,627.1 2,667.9 2,697.9 2,732.0 2,799.8 2,822.5 359.3 388.4 373.3 362.0 360.8 373.9 414.5 404.3 905.1 932.7 907.4 922.6 929.7 928.4 932.8 939.7 1,336.1 1,442.0 1,346.4 1,383.2 1,407.4 1,429.8 1,452.4 1,478.5 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 661.1 684.1 657.4 669.5 708.3 687.3 675.8 665.3 650.0 458.2 154.8 676.3 459.3 143.1 654.3 459.8 155.0 672.6 474.0 157.2 664.4 459.2 154.6 672.8 457.5 141.5 680.3 459.0 139.5 687.8 461.4 136.8 303.4 191.8 316.2 217.0 304.7 194.5 316.8 198.6 304.6 205.3 316.0 215.3 319.5 221.3 324.6 226.3 11.1 12.2 -1.1 7.8 8.3 -.5 3.1 3.2 1 -3.1 16.7 199 43.8 41.2 2.7 14.5 10.5 3.9 -4.5 -22.5 83 103 5.8 -14.2 -78.9 -105.2 -83.7 -105.3 -93.7 -104.5 -108.9 -113.6 369.8 372.3 362.3 368.2 374.8 363.0 370.8 380.7 448.6 477.5 446.0 473.6 468.5 467.5 479.7 494.3 Exports Imports .* Government purchases of goods and services Federal National defense Nondefense . State and local 1986r 815.4 864.5 829.7 855.6 836.7 860.8 874.0 886.5 354.1 259.4 94.7 461.3 366.6 278.1 88.6 497.9 360.9 265.5 95.5 468.8 380.9 268.0 112.9 474.7 355.7 266.4 89.3 480.9 367.6 278.4 89.2 493.3 369.3 286.8 82.6 504.7 374.0 280.7 93.3 512.5 1985 III Durable goods Nondurable goods . Services I II III IV r 3,585.2 3,675.5 3,603.8 3,622.3 3,655.9 3,661.4 3,686.4 3,698.3 Gross national product Personal consumption expenditures 1986 IV 2,324.5 2,419.1 2,342.0 2,351.7 2,372.7 2,408.4 2,448.0 2,447.4 343.9 368.9 357.4 347.0 345.4 357.1 391.6 381.4 . . 841.6 872.1 843.8 847.2 860.6 877.3 875.4 874.9 1,139.0 1,178.2 1,140.8 1,157.5 1,166.6 1,174.0 1,181.0 1,191.0 Gross private domestic investment Fixed investment Nonresidential Structures . Producers' durable equipment Residential Change in business inventories Nonfarm . . Farm Net exports of goods and services 647.7 657.9 643.8 653.2 684.0 664.7 651.3 631.7 638.6 461.4 152.2 650.3 456.2 134.4 643.1 463.1 152.3 658.4 476.9 152.4 644.1 457.8 148,1 649.6 456.8 132.9 651.6 454.4 129.5 656.1 455.9 127.1 309.2 177.2 321.8 194.1 310.9 180.0 324.5 181.5 309.7 186.3 323.9 192.7 324.9 197.2 328.8 200.2 9.0 10.9 -1.9 7.6 7.9 -.3 .7 -5.2 1.4 16.1 -.7 -21.3 39.9 37.0 2.9 15.1 11.0 4.1 -108.2 -148.6 Exports Imports Government purchases of goods a n d services . . . Federal National defense Nondefense State and local 113.8 -.3 -24.4 -7.9 -8.6 16.5 8.3 132.0 -125.9 -153.9 -163.3 -151.1 369.2 359.8 371.2 383.2 495.1 513.6 534.5 534.2 355.8 469.6 362.9 494.8 747.0 731.8 749.4 725.2 742.2 750.4 770.3 332.7 250.5 82.2 414.3 .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 79.5 413.3 330.9 259.4 71.5 419.5 350.5 254.4 96.1 419.7 362.3 470.5 370.8 519.4 721.2 323.6 235.7 87.8 397.6 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 Seasonally adjusted at annual rates 1985 1986r III Gross national product Final sales Change in business Nondurable goods Final sales Change in business Services IV I II III 3,998.1 4,206.5 4,030.5 4,087.7 4,149.2 4,175.6 4,240.7 4,260.6 3,987.0 4,198.7 4,027.4 4,090.8 4,105.4 4,161.2 4,245.2 4,283.1 . . .. 11.1 7.8 3.1 -3.1 43.8 14.5 703.5 696.9 716.8 717.5 713.3 716.0 711.8 702.3 710.6 682.0 703.1 703.2 -4.5 -22.5 730.1 745.7 723.4 739.1 .1 -15.6 -15.8 6.6 -.7 -2.7 9.5 28.6 926.7 922.2 954.6 946.0 929.4 923.7 932.3 945.0 958.4 943.1 958.5 943.9 950.1 939.0 951.3 958.0 4.5 8.5 5.8 -12.7 15.3 14.6 11.1 6.7 1,959.8 2,105.4 1,971.9 2,025.5 2,057.7 2,087.4 2,125.2 2,151.2 418.1 422.6 426.7 435.3 434.7 408.1 429.8 415.9 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1986r IVr -4.5 225 43.8 14.5 7.8 3.1 -3.1 11.1 1,630.2 1,671.4 1,642.7 1,644.1 1,669.0 1,661.5 1,680.2 1,674.7 1,619.1 1,663.5 1,639.7 1,647.2 1,625.2 1,647.1 1,684.7 1,697.2 Goods Final sales Change in business inventories Durable goods Final sales Change in business inventories 1985 1986 1985 1985 III Final sales Change in business inventories Change in business inventories Services Structures II IV III 15.1 -.3 -24.4 9.0 .7 -5.2 7.6 39.9 1,533.2 1,568.1 1,544.2 1,541.7 1,563.6 1,562.8 1,568.0 1,578.0 1,524.2 1,560.5 1,543.6 1,546.9 1,523.7 1,547.6 1,568.3 1,602.5 Goods.... Nondurable goods I 3,585.2 3,675.5 3,603.8 3,622.3 3,655.9 3,661.4 3,686.4 3,698.3 3,576.2 3,667.9 3,603.1 3,627.5 3,616.1 3,646.3 3,686.7 3,722.7 Gross national product Final sales Change in business inventories Durable goods Final sales Change in business inventories 1986 IV .. 9.0 7.6 .7 52 39.9 15.1 679.0 673.2 700.5 701.4 689.4 692.3 691.3 682.8 688.6 662.6 687,5 688.3 .3 -24.4 714.2 728.6 711.9 726.3 5.9 -.9 -2.9 8.4 26.0 -.7 14.4 14.4 854.2 851.1 867.5 859.1 854.8 851.3 850.4 864.0 875.0 861.1 875.2 859.4 853.8 839.7 866.2 876.2 15.9 14.1 -10.0 3.5 -13.6 13.9 8.5 3.2 1,667.6 1,718.3 1,668.7 1,692.1 1,703.0 1,712.0 1,727.2 1,731.1 • •• 384.4 389.1 390.9 388.5 389.4 386.6 391.3 389.1 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.