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SURVEY OF CURRENT BUSINESS September 1991 NATIONAL INCOME AND PRODUCT ACCOUNTS NATIONAL INCOME AND PRODUCT ACCOUNTS Selected NIPA Tables New estimates in this issue: Second quarter 1991, final. 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. Economic Bulletin Board. Estimates for 1986-89 are in the July 1990 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, 1929-32: Statistical Tables. For more information, write to National Income and Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division. 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 1989 1990 I Gross national product Personal consumption expenditures * . n 1989 1991 1990 III IV IF I 3,450.1 3,657.3 3^88.1 3,622.7 3,693.4 3,724.9 3,742.8 3,789.0 Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment .... Residential Change in business inventories Nonfarm Farm Net exports of goods and services * Exports11 Imports Government purchases of goods and services Federal National defense Nondefense State and local 771.2 741.0 747.2 759.0 759.7 6983 660.0 654.0 742.9 511.9 146.2 365.7 231.0 28.3 23.3 5.0 746.1 524.1 147.0 377.1 222.0 -5.0 -7.4 2.4 758.9 523.1 148.8 374.3 235.9 -11.8 -17.0 5.3 745.6 516.5 147.2 369.3 229.1 13.4 13.0 .5 750.7 532.8 149.8 383.0 217.9 9.0 6.8 2.2 729.2 524.0 142.1 381.9 205.2 -30.8 -32.4 1.5 694.1 503.6 139.5 364.1 190.5 -34.2 -37.1 2.9 694.0 501.1 134.9 366.2 192.9 -40.0 -35.2 -4.8 ^16.1 -31.2 -30.0 -24.9 -413 -28.8 626.2 672.3 672.8 704.0 661.3 691.3 659.7 684.6 672.7 714.1 697.4 726.2 13.5 18.1 694.5 681.0 700.8 682.6 1,025.6 1,098.1 1,070.1 1,086.4 1,102.8 1,132.9 1,141.5 1,1513 400.0 301.1 98.9 625.6 424.0 313.6 110.4 674.1 410.6 307.2 103.4 659.6 421.9 309.6 112.3 664.6 425.8 312.6 113.2 677.0 437.6 325.0 112.6 695.3 443.8 331.2 112.6 697.7 449.7 325.7 124.0 701.6 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 Net exports of goods and services l Exports ll Imports Government purchases of goods and services Federal National defense Nondefense State and local 1991 1990 I 5,200.8 5,465.1 5^75.4 5,4433 5,514.6 5,527.3 5,557.7 5,612.4 474.6 480.3 492.1 478.4 482.3 468.5 455.3 453.7 1,130.0 1,193.7 1,174.7 1,179.0 1,205.0 1,216.0 1,212.7 1,221.7 1,845.5 1,983.3 1,921.3 1,965.3 2,006.2 2,040.4 2,074.8 2,113.6 Durable goods Nondurable goods Services J 1990 U III rv llr I 4,117.7 4,1573 4,150.6 4,155.1 4,170.0 4,153.4 4,124.1 4,118.9 2,656.8 2,681.6 2,6773 2,678.8 2,696.8 2,673.6 2,663.7 2,680.5 428.0 427.4 437.6 426.8 429.5 415.6 402.9 401.4 902.2 919.9 911.1 915.6 911.2 916.4 901.2 897.1 1,309.0 1,343.1 1,324.2 1,340.8 1,350.8 1,356.7 1,363.7 1,376.9 716.9 688.7 700.7 700.7 697.0 6563 623.7 617.6 693.1 506.1 122.4 383.7 187.0 23.8 18.7 5.0 692.3 515.4 120.9 394.6 176.8 -3.6 -5.1 1.5 702.9 514.6 123.8 390.8 188.3 -2.2 -8.2 6.0 691.2 508.4 120.9 387.5 182.8 9.5 11.6 -2.1 692.3 519.3 122.4 397.0 173.0 4.7 4.7 0 682.7 519.4 116.4 403.1 163.3 -26.4 -28.5 2.1 648.6 496.8 113.7 383.1 151.8 -25.0 -28.1 3.1 650.9 498.5 109.5 389.0 152.4 -33.3 -27.2 -6.1 -54.1 -33.8 -35.4 -44.6 -46.5 -8.8 7.1 593.3 647.4 631.5 665.3 628.1 663.5 620.1 664.7 630.5 677.0 647.2 656.0 648.0 641.0 655.1 667.6 798.1 820.8 807.9 820.2 822.7 8323 829.6 833.4 334.9 256.3 78.7 463.2 343.7 258.7 85.0 477.1 333.0 254.4 78.6 475.0 345.9 256.5 89.4 474.3 346.0 258.2 87.8 476.7 349.9 265.7 84.2 482.4 349.5 267.5 82.0 480.1 354.2 259.4 94.9 479.1 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 Seasonally adjusted at annual rates 1989 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 n III rv I 1990 llr 5,172.5 5,470.2 5,387.2 5,429.9 5,505.6 5,558.2 5,591.9 5,652.5 -34.2 -40.0 13.4 118 9.0 -30.8 -5.0 28.3 2,072.7 2,1433 2,111.0 2,146.6 2,170.4 2,145.0 2,136.0 2,150.6 2,044.4 2,148.3 2,122.8 2,133.1 2,161.4 2,175.9 2,170.2 2,190.7 -34.2 -40.0 -11.8 13.4 9.0 -30.8 28.3 -5.0 Gross national product Final sales Change in business inventories Goods Final sales Change in business inventories 1991 1990 I 5,200.8 5,465.1 5375.4 5,4433 5,514.6 5,5273 5,557.7 5,612.4 n HI IV I II' 4,117.7 4,1573 4,150.6 4,155.1 4,170.0 4,153.4 4,124.1 4,118.9 4,094.0 4,160.9 4,152.8 4,145.6 4,165.3 4,179.8 4,149.0 4,152.2 4.7 -26.4 -25.0 -33.3 -2.2 -3.6 23.8 9.5 1,8293 1,8293 1,825.4 1,8313 1,839.7 1,821.0 1,797.5 1,787.5 1,805.7 1,832.9 1,827.6 1,821.8 1,835.0 1,847.4 1,822.5 1,820.8 4.7 -26.4 -25.0 -33.3 -2.2 23.8 -3.6 9.5 897.6 938.3 -40.7 Durable goods Final sales Change in business inventories 907.5 897.7 9.8 920.6 930.1 -9.5 914.3 932.1 -17.7 919.1 919.5 -.3 941.1 932.9 8.3 908.0 936.0 -28.1 876.9 911.5 -34.6 887.0 921.5 -34.5 1,166.0 1,215.3 1,191.2 1,216.4 1,217.2 1,236.3 1,259.7 1,253.0 1,149.6 1,209.3 1,181.4 1,203.0 1,218.0 1,234.7 1,251.7 1,252.3 13.4 16.4 .7 8.0 6.0 9.8 1.7 -.8 Nondurable goods Final sales Change in business inventories 922.0 908.0 13.9 908.7 902.8 5.9 911.0 895.5 15.5 912.2 902.4 9.8 898.5 902.1 -3.6 913.0 911.4 1.6 920.6 910.9 9.7 900.5 899.3 • 1.2 906.6 894.7 11.9 928.0 939.1 -11.1 919.9 941.4 -21.6 930.1 930.1 0 953.2 943.4 9.8 908.7 941.2 -32.5 876.3 918.5 -^2.2 2,671.2 2,864.5 2,7913 2,834.2 2,889.6 2,943.0 3,004.0 3,046.4 456.9 457.4 473.0 462.5 454.6 4393 417.7 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1989 1991 1990 1990 -12.6 415.4 Services Structures 1,915.6 1,961.0 1,943.7 1,952.5 1,9673 1,980.7 1,993.0 2,002.2 372.7 366.9 3813 371.2 363.1 351.7 333.6 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 3293 SURVEY OF CURRENT BUSINESS September 1991 Table 1.5.—Relation of Gross National Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.6.—Relation of Gross National Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] •". 1989 Seasonally adjusted at annual rates 1990 1990 I Gross national product II Seasonally adjusted at annual rates 1991 III rv I 1989 IV 5,200.8 5,465.1 5^75.4 5,4433 5,514.6 53273 5357.7 5,612.4 Less: Exports of goods and services l .... Plus: Imports of goods and services l .... 2 Equals: Gross domestic purchases .... Less: Change in business inventories Equals: Final 3sales to domestic purchasers 626.2 672.3 672.8 704.0 661.3 691.3 659.7 684.6 672.7 714.1 697.4 726.2 694.5 681.0 700.8 682.6 5,246.9 5,496.4 5,405.3 5,468.2 5^55.9 5356.1 5344.2 5394.3 28.3 -5.0 -11.8 13.4 9.0 -30.8 -34.2 ^K).0 5,218.6 5,501.4 5,417.1 5,454.7 5346.9 5386.9 5378.4 5,6343 1990 1990 I Gross national product Less: Exports of goods and services J .... Plus: Imports of goods and services l .... Equals: Gross domestic purchases2 .... Less: Change in business inventories Equals: Final3sales to domestic purchasers n 1991 HI IV Hr I 4,117.7 4,1573 4,150.6 4,155.1 4,170.0 4,153.4 4,124.1 4,118.9 593.3 647.4 631.5 665.3 628.1 663.5 620.1 664.7 630.5 677.0 647.2 656.0 648.0 641.0 4,171.8 4,191.1 4,185.9 4,199.7 4,216.5 4,162.2 4,117.0 4,131.5 23.8 -3.6 -2.2 9.5 4.7 -26.4 -25.0 1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 2. Purchases in the United States of goods and services wherever produced. 3. Final sales in the United States of goods and services wherever produced. 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 1.7.—Gross National Product by Sector Table 1.8.—Gross National Product by Sector in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1990 1990 I Gross national product Gross domestic product Business Nonfarm Nonfarm less housing Housing Farm Statistical discrepancy n 1991 HI rv I -33.3 4,148.1 4,194.7 4,188.1 4,190.1 4^11.8 4,188.6 4,142.0 4,164.8 1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 2. Purchases in the United States of goods and services wherever produced. 3. Final sales in the United States of goods and services wherever produced. 1989 655.1 667.6 1989 II' 5,200.8 5,465.1 5375.4 5,4433 5314.6 53273 5357.7 5,612.4 5,163.2 5,423.4 5333.8 5,411.7 5,471.7 5,4763 5302.9 5368.9 4,418.1 4,619.2 4,551.8 4,613.5 4,659.6 4,652.1 4,659.3 4,713.1 4,346.6 4,527.8 4,455.8 4,522.1 4,571.4 4,562.1 4,559.0 4,601.5 3,915.3 4,068.8 4,007.6 4,067.5 4,106.9 4,093.1 4,086.4 4,124.4 431.2 459.1 448.1 454.7 464.4 469.0 472.6 477.1 88.6 93.1 94.6 89.6 96.2 95.3 93.1 92.0 -17.0 .4 15.4 -3.2 -4.9 8.2 .7 -1.7 1990 1990 I Gross national product Gross domestic product Business Nonfarm Nonfarm less housing Housing Statistical discrepancy II 1991 III IV I IIr 4,117.7 4,1573 4,150.6 4,155.1 4,170.0 4,153.4 4,124.1 4,118.9 4,087.6 4,125.4 4,118.2 4,130.6 4,1373 4,115.2 4,083.6 4,087.0 3,557.9 3,581.1 3,580.0 3,587.2 3,590.8 3,566.7 3,532.9 3,534.3 3,492.9 3,502.5 3,500.3 3,510.3 3,514.3 3,485.1 3,445.4 3,442.7 3,196.0 3,200.4 3,199.1 3,208.4 3,211.9 3,182.1 3,141.7 3,138.4 296.9 302.1 301.2 301.8 302.4 303.1 303.7 304.3 79.4 81.2 80.1 80.2 81.3 78.8 80.0 79.1 6.2 11.6 .6 -2.5 -3.7 -13.8 -1.3 .3 Households and institutions Private households Nonprofit institutions 203.6 10.3 193.3 224.8 10.8 214.0 215.0 10.5 204.5 221.4 10.8 210.6 229.3 10.9 218.4 233.4 11.0 222.4 237.4 11.1 226.3 243.7 11.4 232.3 Households and institutions Private households Nonprofit institutions 146.2 9.5 136.6 154.5 9.7 144.8 150.8 9.7 141.2 153.6 9.8 143.7 156.7 9.8 146.9 157.0 9.7 147.3 157.6 9.7 147.9 160.0 9.9 150.1 Government Federal State and local 541.6 168.6 373.0 579.4 178.5 400.9 567.0 176.6 390.4 576.7 179.2 397.5 582.8 178.3 404.5 591.0 179.8 411.2 606.3 188.5 417.8 612.0 188.3 423.8 Government Federal State and local 383.5 126.5 257.0 389.7 127.6 262.1 387.4 127.0 260.4 389.9 128.2 261.7 390.0 127.4 262.7 391.5 127.8 263.6 393.0 128.7 264.4 392.6 127.7 264.9 37.6 41.7 41.6 31.6 42.9 50.8 54.8 43.6 30.2 31.9 32.4 243 32.6 38.2 403 32.0 Rest of the world Addendum: Gross domestic business product less housing Addendum: 3,978.4 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Rest of the world Gross domestic business product less housing 3,252.6 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.
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