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SURVEY OF CURRENT BUSINESS

August 1987

National Income and Product Accounts Tables
New estimates in this issue: Second quarter 1987, 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 are in the July 1986 SURVEY. Estimates for 1984-86 are in the July 1987 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 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

1985

1986

1986
I

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

II

1987
III

IV

I

1985

4,010.3 4,235.0 4,174.4 4,211.6 4,265.9 4,288.1. 4,377.7 4,447.7
2,629.4 2,799.8 2,737.9 2,765.8 2,837.1 2,858.6 2,893.8 2,947.3
368.7 402.4 375.9 386.4 427.6 419.8
396.1 407.5
913.1 939.4 936.8 934.3 940.0 946.3 969.9 982.3
1,347.5 1,458.0 1,425.2 1,445.1 1,469.5 1,492.4 1,527.7 1,557.5
641.6
631.6
442.6
152.5

671.0
655.2
436.9
137.4

683.4
645.1
440.7
149.6

679.4
651.9
433.8
135.9

660.8
657.3
433.5
131.1

660.2
666.6
439.7
132.9

699.9
648.2
422.8
128.7

700.9
660.4
432.3
130.0

290.1
189.0

299.5
218.3

291.0
204.4

297.9
218.1

302.4
223.8

306.7
226.9

294.1
225.4

302.3
228.1

38.3
38.5
2

27.5
24.5
3.0

3.5
9
4.5

-6.4
5.1
11 6

51.6
48.7
2.9

40.4
27.4
13.0

369.9
449.2

105 5 -93.8 -100.8 -110.5 -116.9 ^112.2
376.2 373.5 371.3 376.6 383.3 397.3
481.7 467.3 472.1
487.1 500.2 509.5

1186
411.0
529.7

818.6
353.9
259.3
94.6
464.7

869.7
366.2
277.8
88.4
503.5

10.0
13.6
36
-79.2

15.7
16.8
11

846.9
356.7
266.6
90.1
490.2

867.2
368.4
278.2
90.2
498.8

878.5
371.2
287.6
83.6
507.3

886.3
368.6
279.0
89.6
517.7

I

IF

896.2
366.9
287.5
79.4
529.3

918.2
380.3
295.3
85.1
537.8

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

1987

1986

1986

III

II

IV

I

IF

3,607.5 3,713.3 3,698.8 3,704.7 3,718.0 3,731.5 3,772.2 3,793.7
2,352.6 2,450.5 2,409.7 2,434.3 2,477.5 2,480.5 2,475.9 2,489.0
352.7 383.5 359.8 369.6 405.5 399.0 375.9 384.1
849.5 877.2 868.8 880.0 879.8 880.3 883.2 879.1
1,150.4 1,189.8 1,181.2 1,184.7 1,192.2 1,201.1 1,216.9 1,225.9
636.1
628.7
454.1
149.4

654.0
640.2
443.8
130.3

674.4
639.1
453.2
145.4

665.6
637.6
441.0
128.4

645.0
638.8
437.7
122.7

631.0
645.4
443.2
124.6

671.8
624.2
426.0
120.4

670.5
632.7
435.6
120.7

304.8
174.6

313.5
196.4

307.8
185.9

312.6
196.5

315.0
201.1

318.6
202.2

305.6
198.2

314.9
197.1

7.4
12.0
-4.6

13.8
15.4
-1.6

35.3
35.2
,1

6.1 ^14.4
.1
2.3
6.0 -16.6

47.6
43.9
3.7

37.8
23.4
14.3

151.8
388.3
540.1

135.2
397.8
533.0

133.3
409.3
542.6

771.8
344.6
252.7
91.9
427.1

759.6
327.3
257.4
69.9
432.3

767.5
333.1
264.0
69.1
434.4

28.1
23.9
4.2

-108.2 -145.8 -123.0 -146.8 -161.6
365.3 377.4 371.5 370.2 379.6
541.2
473.6 523.2 494.4 517.0
726.9
324.2
236.7
87.5
402.7

754.5
332.5
250.7
81.8
422.1

737.6
322.1
240.0
82.0
415.5

751.6
330.6
250.1
80.4
421.0

757.2
332.6
259.8
72.8
424.6

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

NOTE.—Perdent 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

1985

1986

1986
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
Services
Structures

II

Seasonally adjusted at annual rates

1987
HI

IV

I

4,010.3 4,235.0 4,174.4 4,211.6 4,265.9 4,288.1 4,377.7 4,447.7
4,000.3 4,219.3 4,136.1 4,184.0 4,262.4 4,294.6 4,326.0 4,407.3

15.7
38.3
27.5
3.5
40.4
64
51.6
10.0
1,637.9 1,693.8 1,682.8 1,689.9 1,703.5 1,698.9 1,738.7 1,759.9
1,627.9 1,678.0 1,644.5 1,662.4 1,700.0 1,705.3 1,687.1 1,719.4
10.0
704.3
696.9

15.7
726.8
721.9

38.3
717.0
691.1

27.5
717.0
707.0

3.5
735.8
747.9

-6.4
737.3
741.8

51.6
747.0
711.9

40.4
750.1
730.6

7.3
933.6
931.0

4.8
967.0
956.1

25.9
965.8
953.4

10.1 -12.1
972.9 967.8
955.4 952.1

-4.5
961.6
963.5

19.4
35.2
991.7 1,009.8
975.2 988.8

12.5
15.6 -1.9
21.0
2.7
10.9
17.5
16.5
1,969.3 2,116.2 2,070.2 2,097.9 2,136.6 2,160.0 2,212.0 2,257.6
403.1 425.1 421.4
423.8 425.7 429.3 426.9 430.2

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

1987

1986

1986
I

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




1985

IF

II

III

IV

I

IF

3,607.5 3,713.3 3,698.8 3,704.7 3,718.0 3,731.5 3,772.2 3,793.7
3,600.1 3,699.5 3,663.4 3,676.7 3,711.9 3,745.8 3,724.5 3,755.9
7.4
35.3
28.1
13.8
6.1 -14.4
47.6
37.8
1,548.6 1,595.0 1,589.5 1,594.4 1,593.7 1,602.6 1,626.0 1,632.4
1,541.2 1,581.3 1,554.1 1,566.4 1,587.5 1,616.9 1,578.4 1,594.6
6.1 -14.4
724.8 731.2
735.9 735.5

47.6
739.2
707.8

37.8
746.9
729.2

43
871.4
881.4

31.4
886.8
870.6

17.7
885.5
865.4

7.4
688.0
681.6

13.8
716.9
712.6

35.3
705.8
682.1

28.1
705.9
696.9

6.4
860.6
859.7

4.3
878.1
868.6

23.6
883.7
$72.0

9.0 -11.1
888.5 868.8
869.5 851.6

11.7
19.1
.9
9.5
16.2
20.1
17.2 -10.0
1,679.5 1,730.8 1,718.9 1,724.2 1,738.7 1,741.3 1,764.0 1,780.7
379.4 387.4 390.4 386.0 385.6 387.5 382.1 380.6

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