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SURVEY OF CURRENT BUSINESS September 1988 National Income and Product Accounts Tables Selected NIPA Tables New estimates in this issue: Second quarter 1988, revised ( r ). 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 1985-87 is in the July 1988 issue of the SURVEY; 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. 003010-00174-7, 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 $240 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 Seasonally adjusted at annual rates 1987 1986 1987 I Gross national product Personal consumption expenditures Durable goods Nondurable goods Services III IV I , Net exports of goods and services .. Government purchases of goods and services Federal National defense Nondefense State and local 1988 1987 I II IV III IIr I 3,721.7 3,847.0 3,776.7 3,823.0 3,865.3 3,923.0 3,956.1 3,985.2 Gross national product 2,807.5 3,012.1 2,921.7 2,992.2 3,058.2 3,076.3 3,128.1 3,194.6 Personal consumption expenditures 2,455.2 2,521.0 2,490.2 2,516.6 2,545.2 2,531.7 2,559.8 2,579.0 406.5 421.9 403.5 420.5 441.4 422.0 437.8 449.8 943.6 997.9 977.5 995.3 1,006.6 1,012.4 1,016.2 1,036.6 1,457.3 1,592.3 1,540.7 1,576.4 1,610.2 1,641.9 1,674.1 1,708.2 Durable goods Nondurable goods Services . 385.0 390.9 378.3 391.3 406.5 387.6 401.1 410.6 879.5 890.5 889.9 889.8 891.9 890.5 892.7 893.6 1,190.7 1,239.5 1,222.0 1,235.5 1,246.8 1,253.6 1,265.9 1,274.8 Gross private domestic investment 665.9 712.9 685.5 698.5 702.8 764.9 763.4 650.4 433.9 138.5 673.7 446.8 139.5 647.8 422.8 132.7 665.8 438.2 134.4 688.3 462.1 143.0 692.9 464.1 147.7 698.1 471.5 140.1 758.1 714.4 487.8 142.3 295.4 216.6 307.3 226.9 290.1 225.0 303.8 227.6 319.1 226.2 316.3 228.8 331.3 226.6 345.5 226.5 15.5 17.4 -1.9 39.2 40.7 -1.5 37.7 40.9 -3.2 32.7 31.4 1.3 14.5 17.8 -3.3 72.0 72.8 -.8 65.3 49.4 15.9 43.7 33.1 10.6 Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm 125.7 -112.1 90.4 Net exports of goods and services .. -104.4 -123.0 -119.1 -122.2 -125.2 Exports Imports 1987 IF 4,240.3 4,526.7 4,391.8 4,484.2 4,568.0 4,662.8 4,724.5 4,823.8 Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm II 1986 1988 378.4 482.8 428.0 551.1 395.3 514.4 416.8 539.0 440.4 565.6 459.7 585.4 487.8 599.9 507.1 597.5 871.2 924.7 903.8 915.7 932.2 947.3 945.2 961.6 366.2 277.5 88.7 505.0 382.0 295.3 86.7 542.8 372.7 287.3 85.4 531.1 377.5 294.8 82.6 538.2 386.3 299.8 86.4 546.0 391.4 299.2 92.2 555.9 377.7 298.4 79.3 567.5 382.2 298.8 83.4 579.4 Exports Imports Government purchases of goods and services FederalNational defense Nondefense State and local . 674.8 640.4 445.1 125.5 646.4 724.7 728.9 715.1 616.6 418.2 121.0 660.1 632.3 434.8 120.9 667.9 628.1 433.1 129.3 654.9 462.8 128.0 657.6 464.8 132.1 662.9 473.4 124.0 679.7 490.2 125.0 303.8 195.0 319.6 195.2 297.2 198.4 313.8 197.6 334.7 192.1 332.7 192.7 349.4 189.5 365.1 189.6 15.4 17.9 -2.5 34.4 36.9 -2.5 29.8 36.1 -6.3 27.8 25.0 2.7 13.0 18.3 53 66.0 51.9 14.1 35.3 30.1 5.3 -137.5 -128.9 643.5 , , 67.1 68.2 11 132.8 126.0 130.7 -126.0 -109.0 -92.6 378.4 515.9 427.8 556.7 394.9 527.7 416.4 542.3 440.9 571.6 459.2 585.2 486.2 595.1 496.9 589.5 760.5 780.2 772.9 772.2 782.9 792.6 776.4 783.8 333.4 251.4 82.0 427.1 339.0 264.9 74.1 441.2 334.0 257.0 77.0 438.9 332.1 264.8 67.3 440.1 342.1 269.5 72.6 440.8 347.7 268.2 79.5 444.9 327.8 264.6 63.2 448.7 331.6 263.6 67.9 452.2 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 1986 I Final sales Change in business inventories Services Structures IV I , 15.5 39.2 37.7 32.7 14.5 72.0 65.3 43.7 725.3 721.1 776.3 749.7 737.2 708.4 767.1 742.8 792.2 789.3 808.7 758.2 819.3 792.7 849.5 831.6 4.3 26.6 972.6 1,016.2 961.3 1,003.6 17.8 26.6 50.5 24.3 2.9 28.8 996.1 1,007.5 1,020.7 1,040.7 1,060.1 1,078.5 987.3 999.1 1,009.1 1,019.1 1,021.5 1,052.7 25.9 38.6 21.6 11.6 8.4 8.9 11.3 12.6 2,118.4 2,295.7 2,228.4 2,276.2 2,314.4 2,363.9 2,405.2 2,451.5 424.0 438.4 430.0 433.4 440.6 449.5 439.9 444.3 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1987 IIr 43.7 65.3 72.0 14.5 32.7 37.7 39.2 15.5 1,697.9 1,792.5 1,733.4 1,774.5 1,812.9 1,849.3 1,879.5 1,928.0 1,682.3 1,753.3 1,695.7 1,741.8 1,798.4 1,777.3 1,814.2 1,884.3 Goods Nondurable goods Final sales Change in business inventories III 1986 4,240.3 4,526.7 4,391.8 4,484.2 4,568.0 4,662.8 4,724.5 4,823.8 4,224.7 4,487.5 4,354.1 4,451.5 4,553.5 4,590.7 4,659.2 4,780.1 Gross national product Final sales Change in business inventories Durable goods Final sales Change in business inventories II Seasonally adjusted at annual rates 1988 1987 1987 1987 I Gross national product Final sales Change in business inventories Goods Final sales Change in business inventories . II 1988 III IV I ir 3,721.7 3,847.0 3,776.7 3,823.0 3,865.3 3,923.0 3,956.1 3,985.2 3,706.3 3,812.6 3,746.9 3,795.2 3,852.2 3,855.9 3,890.1 3,949.9 15.4 34.4 29.8 27.8 67.1 13.0 66.0 35.3 1,599.0 1,663.3 1,616.2 1,645.6 1,677.5 1,713.9 1,748.1 1,762.4 1,583.5 1,628.9 1,586.4 1,617.8 1,664.5 1,646.8 1,682.2 1,727.1 15.4 34.4 29.8 27.8 13.0 67.1 66.0 35.3 Durable goods Final sales Change in business inventories 714.6 710.7 774.6 750.7 728.0 702.3 763.8 742.3 793.7 790.8 812.7 767.2 832.5 809.0 861.7 845.8 23.9 25.7 21.5 2.9 45.5 23.5 15.9 Nondurable goods Final sales Change in business inventories 884.4 872.8 888.8 878.2 888.1 884.1 881.8 875.5 883.8 873.7 901.2 879.6 915.6 873.2 900.7 881.3 11.6 10.5 4.1 6.3 10.1 21.6 42.4 19.4 Services Structures 3.8 1,738.1 1,801.1 1,778.2 1,797.2 1,806.6 1,822.3 1,833.4 1,846.1 384.7 382.6 382.4 380.2 381.1 386.7 374.6 376.7 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.