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SURVEY OF CURRENT BUSINESS

February 1990

National Income and Product Accounts Tables
Selected NIPA Tables
New estimates in this issue: Fourth quarter 1989.
The selected set of 54 national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are updated
monthly. (In most of these tables, annual estimates are also shown.) The full set of 132 tables usually shown in July presents annual NIPA
revisions. For more information on the presentation of the estimates, see "National Income and Product Accounts Estimates: When They are
Released, Where They Are Available, and How They Are Presented" in the July 1988 SURVEY.
The full set of estimates for 1986-88 is in the July 1989 issue of the SURVEY; estimates for 1985 are in the July 1988 issue; estimates for
1984 are in the July 1987 issue; estimates for 1983 are in the July 1986 issue. Estimates for 1929-82 are in National Income and Product
Accounts, 1929-82: Statistical Tables (GPO Stock No. 003-010-00174-7, price $23.00). These publications are available from the Superintendent
of Documents; see address on inside front cover.
The full set of NIPA tables is available on diskette for $200 per year (12 updates, for the quarterly estimates prepared each month). 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

1988

m

Seasonally adjusted at annual rates

1989

1988

1989'

IV

I

II

1988

III

IV

Durable goods
Nondurable goods
Services l

"

HI

.. 4,880.6 5,233.3 4,926.9 5,017.3 5,113.1 5,201.7 5,281.0 5,337.6

Gross national product

Personal consumption expenditures "... 3,235.1 3,470.8 3,263.4 3,324.0 3,381.4 3,444.1 3,508.1 3349.3
469.1
455.2 473,1 452.5 467.4 466.4 471.0 486.1
1,052.3 1,123.5 1,066.2 1,078.4 1,098.3 1,121.5 1,131.4 1,142.8
1,727.6 1,874.1 1,744.7 1,778.2 1,816.7 1,851.7 1,890.6 1,937.4

i»

1988

1989'

1989

IV

I

m

II

IV

4,024.4 4,143.7 4,042.7 4,069.4 4,106.8 4,132.5 4,162.9 4,172.4

Gross national product

Personal consumption expenditures '... 2,598.4 2,669.4 2,608.1 2,627.7 2,641.0 2,653.7 2,690.1 2,692.6
Durable goods
Nondurable goods
Services '

,
, . ..

413.6 425.2 410.7 420.5 419.3 424.9 436.4 420.0
904.5 916.8 910.3 912.0 915.0 909.7 920.8 921.6
1,280.2 1,327.4 1,287.0 1,295.2 1,306.7 1,319.0 1,332.9 1,351.1

Gross private domestic investment

750.3

774.3

771.1

752.8

769.6

775.0

779.1

773.6

Gross private domestic investment

715.8

721.4

733.6

709.1

721.1

719.8

724.6

720.0

Fixed investment
Nomesidential
Structures ..
Producers' durable equipment
Residential
Change in business inventories
Nonfarm

719.6
487.2
140.3
346.8
232.4
30.6
34.2
-3.6

746.3
511.6
145.0
366.6
234.7
28.0
23.1
4.9

726.5
493.2
142.0
351.3
233.2
44.6
41.5
3.1

734.1
495.8
142.5
353.3
238.4
18.7
40.8
-22.2

742.0
503.1
144.7
358.5
238.8
27.7
19.1
8.6

747.6
512.5
142.4
370.1
235.1
27.4
23.6
3.8

751.7
519.6
146.2
373.4
232.1
27.4
19.8
7.5

744.0
511.2
146.6
364.6
232.8
29.5
30.0
-.4

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

687.9
493.8
122.2
371.6
194.1
27.9
30.7
-2.8

698.5
509.9
120.0
389.9
188.6
22.9
18.7
4.2

696.1
501.0
123.0
378.0
195.1
37.5
37.2
.3

690.8
492.7
121.4
371.3
198.1
18.3
31.9
-13.6

696.6
501.0
121.1
379.9
195.6
24.5
16.9
7.6

700.7
511.4
118.1
393.2
189.3
19.1
19.5
-.5

702.7
517.9
120.4
397.6
184.8
21.9
16.2
5.6

693.9
509.4
120.4
389.0
184.5
26.2
22.3
3.9

-73.7

-47.7

-66.2

-70.8

-54.0

-50.6

-45.1

-41.2

Net exports of goods and services '

-74.9

-52.9

-74.9

-73.8

-55.0

-51.2

-57.1

^18.2

547.7
621.3

625.3
673.0

556.8
623.0

579.7
650.5

605.6
659.6

626.1
676.6

628.5
673;6

641.0
682.2

530.1
605.0

588.9
641.8

531.9
606.9

551.4
625.2

569.7
624.6

587.5
638.7

593.1
650.2

605.4
653.5

785.1

805.8

775.9

806.4

799.7

810.3

805.3

807.9

328.9
261.5
67.4
456.2

336.8
256.5
80.3
469.0

319.8
258.8
61.0
456.1

343.9
261.6
82.3
462.5

335.5
254.4
81.1
464.2

343.6
255.8
87.8
466.7

336.1
260.1
76.0
469.2

331.9
255.6
76.3
476.0

Net exports of goods and services '......
Exports !
Imports '

...

Government purchases of goods and
services
*
Federal
National defense ..
Nondefense
State and local

968.9 1,036.0
381.3
298.0
83.3
587.6

402.9
302.2
100.7
633.1

958.6 1,011.4 1,016.0 1,033.2 1,038.9 1,056.0
406.4
300.5
105.9
604.9

367,5
296.1
71.4
591.0

399.0
298.7
100.4
617.0

406.0
301.3
104.7
627.2

402.7
307.8
94.9
636.2

404.0
301.2
102.8
652.0

Exports '
Imports '

.

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

,
,

,

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.

1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS.

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

1988

HI
Gross national product
Final sales
Change in business inventories
Goods

Seasonally adjusted at annual rates

1989

1988

1989'

rv

I

II

1988

m

IV

..... 1,931.9 2,073.5 1,955.8 1,987.4 2,030.9 2,079.1 2,096.3 2,087.6

Final sales
..... 1,901.3 2,045.5 1,911.2 1,968.7 2,003.2 2,051.7 2,068.9 2,058.1
27.4
27.4
29.5
44.6
18.7
27.7
28.0
Change in business inventories........
30.6
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services
Structures

863.7
838.6
25.0

909.4
897.3
12.0

884.0
842.6
41.4

888.5
856.5
32.0

894.7
872.8
22.0

905.2
899.2
6.0

930.1
924.9
5.2

907.5
892.4
15.1

1,068.3 1,164.1 1,071.8 1,098.9 1,136.2 1,173.9 1,166.2 1,180.1
1,062.6 1,148.1 1,068.6 1,112.2 1,130.5 1,152.5 1,144.0 1,165.6
3.2 -13.3
21.4
22.2
14.5
5.7
5.6
15.9
2,499.2 2,700.9 2,520.3 2,570.0 2,620.8 2,667.5 2,728.1 2,787.3
449.5

458.9

450.8

459.9

461.3

455.1

456.6

462.8

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




III

4,880.6 5,233.3 4,926.9 5,017.3 5,113.1 5,201.7 5,281.0 5,337.6
4,850.0 5,205.4 4,882.3 4,998.7 5,085.4 5,174.3 5,253.6 5,308.1
27.4
27.4
44.6
18.7
27.7
29.5
30.6
28.0

1988

1989'

I

II

m

IV '

4,024.4 4,143.7 4,042.7 4,069.4 4,106.8 4,132.5 4,162.9 4,172.4

Gross national product

3,996.5 4,120.8 4,005.2 4,051.0 4,082.3 4,113.5 4,141.0 4,146.2
27.9
22.9
37.5
18.3
24.5
19.1
26.2
21.9

Final sales
Change in business inventories
Goods

1989

IV

,

Final sales
,
Change in business inventories

1,771.6 1,838.2 1,782.3 1,789.4 1,823.2 1,843.9 1,851.3 1,834.5
1,743.7 1,815.3 1,744.8 1,771.0 1,798.7 1,824.8 1,829.4 1,808.3
18.3
24.5
22.9
37.5
19.1
21.9
26.2
27.9

Durable goods
Final sales
Change in business inventories

883.6
860.9
22.7

913.5
903.7
9.7

900.8
863.4
37.3

900.5
872.4
28.1

902.3
884.2
18.1

913.0
908.0
5.0

931.3
927.2
4.2

907.3
895.6
11.7

Nondurable goods
,....
Final sales
Change in business inventories

888.0
882.8
5.2

924.7
911.6
13.2

881.5
881.4
.1

888.9
898.6
-9.7

920.9
914.5
6.4

930.9
916.8
14.1

920.0
902.3
17.7

927.2
912.7
14.5

Services
Structures

1,873.5 1,934.5 1,880.8 1,896.7 1,905.1 1,919.9 1,945.0 1,967.9
379.3

371.0

379.6

383.3

378.5

368.8

366.6

369.9

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