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6

SURVEY OF CURRENT BUSINESS

September 1984

National Income and Product Accounts Tables
New estimates in this issue: Second quarter 1984,
The abbreviations used in the tables are: CCAdj
IVA
NIPA's
P
r

revised.
Capital consumption adjustment
Inventory valuation adjustment
National income and product accounts
Preliminary
Revised

The NIPA estimates for 1929-76 are in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables (Stock
No. 003-010-00101-1, price $10.00). Estimates for 1977-79 and corrections for earlier years are in the July 1982 SURVEY; estimates for 1980 and
corrections for earlier years are in the July 1983 SURVEY; estimates for 1981-83 and corrections for earlier years are in the July 1984 SURVEY.
Summary NIPA Series, 1952-83, are in the August SURVEY. These publications are available from the Superintendent of Documents and Commerce Department District Offices; see addresses inside front cover.
Table 1.1-1.2.—Gross National Product in Current and Constant Dollars
Billions of dollars

Billions of 1972 dollars

Seasonally adjusted at annual rates

1982

1983

1983
I

II

Seasonally adjusted at annual rates

1984
III

IV

1982

1983

1984

1983

II r

I

I

II

III

IV

II r

I

Gross national product

3,069.3 3,304.8 3,173.8 3,267.0 3,346.6 3,431.7 3,553.3 3,644.7

1,480.0 1,534.7

1,491.0 1,524.8 1,550.2 1,572.7 1,610.9 1,638.8

Personal consumption expenditures

1,984.9 2,155.9 2,070.4 2,141.6 2,181.4 2,230.2 2,276.5 2,332.7

963.3 1,009.2

982.5 1,006.2 1,015.6 1,032.4 1,044.1 1,064.2

140.5
363.1
459.8

146.8
368.8
466.8

276.1
320.7
279.8
259.4
284.1
299.8
310.9
245.1
757.5
801.7
775.2
796.9
811.7
841.3
858.3
823.0
982.2 1,074.4 1,035.8 1,068.6 1,085.7 1,107.5 1,124.4 1,153.7

Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonrcsidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm
. . .

157.5
376.3
475.4

156.2
374.9
475.1

159.6
378.5
477.6

167.2
383.2
482.0

173.7
387.1
483.4

178.6
396.6
488.9

414.9

.

471.6

405.0

449.6

491.9

540.0

623.8

627.0

194.3

221.0

191.3

212.6

230.6

249.5

285.5

283.9

441.0
349.6
142.1
207.5
91.4
86.6
1.5
3.3
26.1
-24.0
-2.1

485.1
352.9
129.7
223.2
132.2
127.6
1.0
3.6
135
-3.1
104

447.9
334.6
130.4
204.2
113.3
108.9
1.0
3.4
-42.9
-32.6
103

469.0
339.3
125.6
213.6
129.8
125.3
.9
3.5
-19.4
-5.4
140

496.2
353.9
126.2
227.8
142.3
137.7
.9
3.7
-4.3
11.6
159

527.3
383.9
136.6
247.3
143.4
138.7
.9
3.8
12.7
14.1
14

550.0
398.8
142.2
256.7
151.2
146.4
.9
3.9
73.8
60.6
13.2

576.4
420.8
150.0
270.7
155.6
150.5
1.0
4.1
50.6
47.0
3.5

204.7
166.9
53.3
113.5
37.9
35.3
.6
1.9
104
-9.2
12

224.6
171.0
49.2
121.8
53.7
51.2
.4
2.1
-3.6
.6
-4.2

207.8
161.6
49.0
112.5
46.2
43.8
.4
2.0
-16.5
-11.8
-4.6

218.7
165.3
48.1
117.2
53.4
51.0
.4
2.1
-6.1
-.3
-5.8

229.8
172.6
48.3
124.3
57.2
54.7
.4
2.1
.9
7.4
-6.6

242.2
184.5
51.4
133.1
57.8
55.2
.4
2.2
7.2
7.0
.2

253.9
193.3
54.1
139.2
60.6
58.0
.4
2.2
31.6
26.2
5.4

263.7
202.9
56.8
146.0
60.8
58.1
.4
2.3
20.3
18.7
1.6

-29.8

-51.5

-58.7

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

-6.5

16.4

29.7

12.6

22.9

11.9

2.0

-8.3

-11.4

336.2
344.4

328.5
308.9

328.1
334.5

342.0
358.4

346.1
375.9

358.9
410.4

362.4
421.1

147.6
118.0

139.5
126.9

138.2
115.3

137.0
123.4

141.6
129.7

141.0
139.1

144.9
153.2

144.7
156.2

650.5

685.5

678.8

682.2

689.8

691.4

704.4

743.7

292.7

291.9

294.3

292.4

292.0

288.8

289.5

302.1

258.9
179.5
79.4
391.5

Exports
Imports

19.6

348.4
329.4

Net exports of goods and services

269.7
200.5
69.3
415.8

273.0
194.7
78.3
405.8

270.5
199.3
71.3
411.6

269.2
200.9
68.3
420.6

266.3
207.2
59.1
425.1

267.6
213.4
54.2
436.8

296.4
220.8
75.6
447.4

117.0
79.1
37.9
175.7

116.2
84.7
31.5
175.7

119.0
83.3
35.7
175.3

117.2
84.8
32.3
175.2

115.6
84.4
31.2
176.4

113.0
86.3
26.7
175.8

112.2
87.1
25.2
177.3

123.2
89.6
33.6
178.9

19.0

8.3

13.6

Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Billions of 1972 dollars

Billions of dollars
Seasonally adjusted at annual rates

1982

1983

1983
I

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

II

Seasonally adjusted at annual rates

1984
III

IV

I

1982
II

1983

1983

r

I

II

1984
III

rv

I

II r

3,069.3 3,304.8 3,173.8 3,267.0 3,346.6 3,431.7

3,553.3 3,644.7

3,095.4 3,318.3 3,216.8 3,286.4 3,350.9 3,419.0
-26.1
-13.5
-42.9
-19.4
12.7
-4.3

3,479.5 3,594.1 1,490.4 1,538.3 1,507.5 1,530.9 1,549.3 1,565.4 1,579.3 1,618.5
73.8
-10.4
50.6
-3.6
-16.5
-6.1
.9
7.2
31.6
20.3

1,276.8 1,355.7 1,288.7 1,337.1 1,373.2 1,423.9

1,498.0 1,544.8

660.6

688.6

658.9

681.6

698.1

715.5

744.9

767.4

1,302.9 1,369.2 1,331.6
261
135 -42.9

1,424.2 1,494.2
73.8
50.6

671.1
-10.4

692.2
-3.6

675.4
-16.5

687.7
-6.1

697.2
.9

708.2
7.2

713.3
31.6

747.1
20.3

499.9
517.9
-18.0
776.9
785.0
81

555.3
557.5
-2.1
800.4
811.7
113

495.9
526.0
-30.0
792.7
805.6
129

1,356.5 1,377.5 1,411.2
194
-4.3
12.7
541.1
546.5
-5.5
796.1
810.0
-13.9

576.9
564.5
12.5
796.2
813.0
-16.8

607.4
592.9
14.5
816.5
818.3
-1.7

632.3
597.5
34.9
865.7
826.8
38.9

1,480.0 1,534.7 1,491.0 1,524.8 1,550.2 1,572.7 1,610.9 1,638.8

647.9
629.7
18.2
896.9
864.6
32.4

269.5
277.4
-7.8
391.1
393.7
-2.6

295.6
296.1
-.5
392.9
396.1
-3.2

268.6
280.5
-12.0
390.4
394.9
-4.5

290.2
292.3
21
391.4
395.4
-4.0

305.2
299.6
5.6
392.9
397.7
-4.8

318.6
311.9
6.6
396.9
396.3
.6

331.1
316.4
14.7
413.8
396.9
16.9

339.5
331.4
8.1
427.9
415.7
12.2

707.8
111.6

723.2
122.9

716.8
115.2

721.9
121.3

725.4
126.6

728.7
128.5

731.4
134.6

732.9
138.5

Services
Structures

1,510.8 1,639.3 1,594.1 1,627.2 1,654.5 1,681.3
309.8
281.7
291.1
302.6
326.5
319.0

1,713.7 1,742.6
341.6
357.2

Addenda:
Gross domestic purchases1
Final sales to domestic purchasers *

3,050.2 3,313.1 3,154.2 3,273.4 3,363.0 3,461.5
3,076.3 3,326.5 3,197.1 3,292.8 3,367.4 3,448.8

3,604.8 3,703.4 1,450.3 1,522.1 1,468.1 1,511.2 1,538.3 1,570.7 1,619.2 1,650.2
3,531.0 3,652.8 1,460.7 1,525.7 1,484.6 1,517.3 1,537.4 1,563.4 1,587.6 1,629.9

1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102