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SUEVEY OF CURRENT BUSINESS September 1979 NATIONAL INCOME AND PRODUCT TABLES 1977 I 1978 II 1978 1979 1978 III IV I II r 1977 1978 I II 1979 III IV I II r Seasonally adjusted at annual rates Seasonally adjusted at annual rates Billions of 1972 dollars Billions of current dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) ,899.5 2,127.6 2,011.3 2,104.2 2,159.6 2,235.2 2,292.1 2,329. 8 1,340.5 1,399.2 1,367.8 1,395.2 1,407.3 1,426.6 1,430.6 1,422. 3 Gross national product Personal consumption expenditures.. Durable goods Nondurable goods.. Services Gross private domestic investment. , 210.0 1,350.8 1,287.2 1,331.2 1,369.3 1,415.4 1,454.2 1, 475. 9 861.7 900.8 882.7 894.8 905.3 920.3 921.8 915.0 178.8 481.3 549.8 200.3 530.6 619.8 185.3 505.9 596.0 200.3 521.8 609.1 203.5 536.7 629.1 212.1 558.1 645.1 213.8 571.1 669.3 208.7 581.2 686.0 138.2 332.7 390.8 146.7 343.3 410.8 139.3 337.3 406.1 147.8 339.4 407.6 147.5 344.7 413.1 152.1 351.9 416.3 150.2 348.1 423.5 144.8 344.1 426.1 303.3 351.5 327.0 352.3 356.2 370.5 373.8 395.4 200.1 214.3 209.0 216.8 214.0 217.4 217.2 221.7 192.5 201.2 281.3 329.1 304.1 326.5 336.1 349.8 354.6 186.9 200.2 201.8 205.5 204.9 203.5 Nonresidential __ Structures Producers' durable equipment.. 189.4 62.6 126.8 221.1 76.5 144.6 203.7 66.9 136.8 218.8 75.2 143.6 225.9 79.7 146.3 236.1 84.4 151.8 243.4 84.9 158.5 249.1 90.5 158.6 129.3 39.1 90.1 140.1 43.9 96.2 133.1 40.2 93.0 140.3 43.9 96.4 141.6 45.1 96.5 145.5 46.5 98.9 147.2 45.8 101.3 146.9 47.9 99.0 Residential.. Nonfarm structures. Farm structures Producers' durable equipment.. 91.9 88.8 1.5 1.6 108.0 104.4 1.8 1.9 100.5 96.8 1.9 1.9 107.7 104.3 1.4 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 57.7 55.5 60.1 57.7 1.0 1.4 59.4 56.8 1.1 1.4 60.9 58.6 .8 1.5 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 21.9 20.7 1.2 22.3 21.3 1.1 22.8 22.0 .8 25.8 25.3 .5 20.0 18.5 1.6 20.6 19.3 1.3 19.1 18.8 33.4 32.6 13.1 13.3 * 14.1 13.7 .3 16.5 16.3 .2 15.6 15.5 0 12.2 11.6 .6 12.0 11.5 .5 12.3 12.1 .2 18.1 17.7 .4 -7.6 -6.8 -4.5 4.0 -8.1 10.3 11.0 5.3 12.3 13.3 12.9 17.0 13.2 238.5 234.4 243.7 251.9 98.4 88.2 108.9 97.9 100.7 95.4 109.2 96.9 111.9 98.5 113.8 101.0 117.0 100.0 116.0 102.9 270.7 271.3 274.7 276.0 274.7 272.4 96.6 98.5 99.3 101.1 98.1 174.7 176.2 176.6 173.6 174.3 Fixed investment Change in business inventories.. Nonfarm Farm Net exports of goods and services. Exports. Imports. Government purchases of goods and services.. Federal National defense.. Nondefense State and local -9.9 -10.3 -22.2 175.9 185.8 396.2 207.2 217.5 184.4 206.6 205.7 213.3 213.8 220.6 224.9 229.4 435.6 419.4 428.3 440.9 453.8 460.1 466.6 268.5 273.2 144.4 93.7 50.6 251.8 152.6 99.0 53.6 283.0 150.9 97.6 53.3 268.5 148.2 98.2 50.0 280.1 152.3 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 55.7 304.9 100.6 98.6 167.9 174.6 170.9 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) Gross national product. 1,899.5 2,127.6 2,011.3 2,104.2 2,159.6 2,235.2 2,292.1 2, 329. 8 1,340.5 1,399.2 1,367.8 1,395.2 1,407.3 1,426.6 1,430.6 1,422. 3 Final sales Change in business inventories. Goods. 1,877.6 2,105.. 2 1,988.5 2,078.4 2,139. 5 2,214.5 2,272.9 2, 296. 4 1,327. 4 1,385.1 1,351.3 1,379.6 1,395.1 1,414. 6 1,418.4 1,404.1 18.1 12.3 12.2 33.4 14.1 16.5 15.6 12.0 13.1 21.9 22.3 20.6 19.1 25.8 22.8 20.0 842.2 930.0 873.0 922.5 940.9 983.8 1,011.8 1,018.1 615.6 639.5 621.4 637.2 641.8 657.3 658.6 647.3 Final sales Change in business inventories. Durable goodsT Final sales Change in business inventories. 820.2 21.9 907.7 22.3 850.2 22.8 896.7 25.8 920.8 20.0 963.2 20.6 992.7 19.1 984. 6 33.4 602.4 13.1 625.4 14.1 604.9 16.5 621.6 15.6 629.6 12.2 645.3 12.0 646.3 12.3 629.1 18.1 345.9 333.9 11.9 380.4 366.5 13.9 358.7 340.1 18.6 378.0 364.9 13.1 382.6 372.3 10.3 402.3 388.9 13.4 425.5 407.1 18.4 422.4 398.0 24.3 256.5 248.6 8.0 270.0 261.4 8.6 260.3 248.5 11.8 270.8 262.8 7.9 269.9 263.6 6.3 279.1 270.6 8.5 286.0 275.2 10.8 278.3 265.1 13.2 Nondurable goods Final sales Change in business inventories. 496.3 486.3 10.0 549.6 541.2 8.4 514.3 510.1 4.2 544.5 531.8 12.7 558.3 548.6 9.7 581.6 574.3 7.2 586.2 585.5 .7 595.7 586. 6 9.1 359.1 353.9 5.2 369.4 364.0 5.5 361.2 356.4 4.7 366.5 358.8 7.6 372.0 366.0 5.9 378.2 374.7 3.5 372.6 371.2 1.4 369.0 364.1 4.9 866.4 190.9 969.3 228.2 934.1 204.2 956.2 225.6 981.7 1,005.3 1,041.4 1,064. 2 237.0 246.0 247.5 238.9 604.4 120.5 630.3 129.5 624.2 122.1 627.9 130.1 633.1 132.4 636.0 133.3 645.2 126.8 647.3 127.7 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 i Households and institutionsGovernment Federal State and local. Rest of the world. r Revised. 1,899.5 2,127.6 2,011.3 2,104.2 2,159.6 2,235.2 2,292.1 2, 329. 8 1,340.5 1,399.2 1,367.8 1,395.2 1,407.3 1,426.6 1.430.6 1,422. 3 1,881.7 2,107.0 1.992.0 2,083.2 2,138.9 2,213.9 2,267.9 2, 306.1 1,332.9 1,391.1 1,359.9 1,386.8 1,399.2 1,418.4 1.421.7 1, 414. 2 1,609. 0 1,807.8 1.701.1 1,787.5 1,837.6 1,904.9 1,951. 4 1,984.5 1,143. 7 1,197.5 1,167. 5 1,193. 6 1,205.1 1,223.9 1,226. 9 1,219.0 1,552.2 1,745.0 1,641.8 1,725.8 1,774.8 1,837.5 1,880.8 1, 915. 2 1,100. 7 1,160.0 1,126. 6 1,156. 2 1,169.1 1,188.0 1,193.1 1,184. 7 1,404.5 1,579.2 1,482.8 1,562.3 1,607.1 1,664.7 1,702.3 1, 731. 0 986.0 1,039.6 1,007.9 1,036.5 1,048.2 1,065.8 1,068.6 1,058. 2 184.2 122.3 126. 5 124.5 114.7 147.7 119.8 121.0 163.5 120.4 159.0 178.6 118.7 167.7 172.9 165.8 70.6 33.2 35.1 34.4 33.4 49.2 34.2 34.2 33.6 59.4 56.3 70.0 35.7 58.9 63.3 59.5 -1.3 7.5 2.3 3.0 .6 3.9 4.1 3.3 .4 3.2 -.8 2.7 3.4 8.7 5.3 2.4 62.6 69.6 67.3 68.9 70.3 72.1 74.8 75.8 147.0 48.7 98.4 149.9 49.1 100.8 149.4 48.9 100.5 149.8 49.0 100.8 7.6 8.1 7.8 8.4 210.1 66.4 143.7 229.6 71.8 157.8 223.6 70.2 153.4 226.8 70.7 156.1 231.0 71.5 159.4 237.0 74.8 162.2 241.8 75.5 166. 3 245.8 75.8 170.0 17.8 20.5 19.3 21.0 20.7 21.2 24.2 23.7 42.2 43.6 43.0 43.4 44.1 44.4 150.2 49.2 100.9 150.4 49.3 101.1 150.4 49.2 101.2 150. 5 49.1 101.4 8.1 8.1 8.9 8.1 43.9 See footnotes on p . 7. HISTORICAL STATISTICS The national income and product data 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.