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SURVEY OF CURRENT BUSINESS December 1979 NATIONAL INCOME AND PRODUCT TABLES 1978 1977 1978 II III 1978 1979 IV I II III r 1977 1978 II III 1979 IV I II III r Seasonally adjusted at annual rates Seasonally adjusted at annual rates Billions of current dollars Billions of 1972 dollars Table 1.—Gross National 1Product in Current and Constant Dollars (1. 1, 1.2) 1,899.5 2,127.6 2,104.2 2,159.6 2,235.2 2,292.1 2,329.8 2,396.5 1,340.5 1,399.2 1,395.2 1,407.3 1,426.6 1,430.6 1,422.3 1,433.3 Gross national product Personal consumption expenditures Durable goods Nondurable goods.. Services _ . .. _ _ Gross private domestic investment Fixed investment Nonresidential> Structures Producers' durable equipment Residential Nonfarm structures Farm structures Producers' durable equipment 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 _ 1,210.0 1,350.8 1,331.2 1,369.3 1,415.4 1,454.2 1,475. 9 1,528.6 861.7 900.8 894.8 905.3 920.3 921.8 915.0 925.9 213.4 604.7 710.6 138.2 332.7 390.8 146.7 343.3 410.8 147.8 339.4 407.6 147.5 344.7 413.1 152.1 351.9 416.3 150.2 348.1 423.5 144.8 344.1 426.1 146.9 349.2 429.9 178.8 481.3 649.8 200.3 530.6 619.8 200.3 521.8 609.1 203.5 536.7 629.1 212.1 558.1 645.1 213.8 571.1 669.3 208.7 581.2 686.0 303.3 351.5 352.3 356.2 370.5 373.8 395.4 392.3 200.1 214.3 216.8 214.0 217.4 217.2 221.7 214.2 281.3 329.1 326.5 336.1 349.8 354.6 361.9 377.8 186.9 200.2 201.2 201.8 205.5 204.9 203.5 207.1 189.4 62.6 126.8 251.1 76.5 144.6 218.8 75.2 143.6 225.9 79.7 146.3 236.1 84.4 151.8 243.4 84.9 158.5 249.1 90.5 158.6 261.8 95.0 166.7 129.3 39.1 90.1 140.1 43.9 96.2 140.3 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 99.0 150.7 48.7 101.9 91.9 88.8 1.5 1.6 108.0 104.4 1.8 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 1.8 116.0 112.0 2.0 57.7 55.5 .9 1.3 60.1 57.7 1.0 1.4 60.9 58.6 .8 1.5 60.2 57.7 1.0 60.0 57.6 1.0 57.7 55.6 .8 56.7 54.4 .9 56.5 54.0 1.0 21.9 20.7 1.2 22.3 21.3 1.1 25.8 25.3 .5 20.0 18.5 1.6 20.6 19.3 1.3 19.1 18.8 .3 33.4 32.6 .8 14.5 12.6 1.9 13.1 13.3 -.1 14.1 13.7 .3 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 7.1 6.1 1.0 -9.9 -10.3 -7.6 -6.8 -4.5 4.0 -8.1 -2.3 10.3 11.0 12.3 13.3 12.9 17.0 13.2 20.1 175.9 185.8 207.2 217.5 205.7 213.3 213.8 220.6 224.9 229.4 238.5 234.4 243.7 251.9 267.3 269.5 98.4 88.2 108.9 97.9 109.2 96.9 111.9 98.5 113.8 101.0 117.0 100.0 116.0 102.9 122.2 102.1 396.2 435.6 428.3 440.9 453.8 460.1 466.6 477.8 268.5 273.2 271.3 274.7 276.0 274.7 272.4 273.1 144.4 93 7 50 6 251.8 152.6 99 0 53 6 283.0 148.2 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 55.7 304.9 162.9 109.0 53.9 314.9 100.6 98.6 96.6 98.5 99.3 101.1 98.1 97.4 167.9 174.6 174.7 176.2 176.6 173.6 174.3 175.6 Table 2.—-Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) 1,899.5 2,127.6 2,104.2 2,159.6 2,235.2 2,292.1 2,329.8 2,396.5 1,340.5 1,399.2 1,395.2 1,407.3 1,426.6 1,430.6 1,422.3 1,433.3 Gross national product. Final sales Change in business inventories- 1,877.6 2,105.2 2,078.4 2,139.5 2,214.5 2,272.9 2, 296.4 2,381.9 1,327.4 1,385.1 1,379.6 1,395.1 1,414.6 1,418.4 1,404.1 1,426.2 33.4 12.3 12.2 20.6 13.1 14.1 15.6 12.0 7.1 19.1 18.1 22.3 25.8 20.0 14.5 21.9 842.2 930.0 922.5 940.9 983.8 1,011.8 1,018.1 1,036.0 615.6 639.5 637.2 641.8 657.3 647.3 651.3 Final sales Change in business inventories. Durable goods Final sales Change in business inventories. 820.2 21.9 907.7 22.3 896.7 25.8 920.8 20.0 963.2 20.6 992.7 19.1 984.6 1,021.5 33.4 14.5 602.4 13.1 625.4 14.1 621.6 15.6 629.6 12.2 645.3 12.0 646.3 12.3 629.1 18.1 644.2 7.1 345.9 333.9 11.9 380.4 366.5 13.9 378.0 364.9 13.1 382.6 372.3 10.3 402.3 388.9 13.4 425.5 407.1 18.4 422.4 398.0 24.3 424.4 417.1 7.3 256.5 248.6 8.0 270.0 261.4 8.6 270.8 262.8 7.9 263.6 6.3 279.1 270.6 8.5 286.0 275.2 10.8 278.3 265.1 13.2 276.6 272.9 3.7 Nondurable goods Final sales Change in business inventories- 496.3 486.3 10.0 549.6 541.2 8.4 544.5 531.8 12.7 558.3 548.6 9.7 581.6 574.3 7.2 586.2 585.5 .7 595.7 586.6 9.1 611.6 604.4 7.2 359.1 353.9 5.2 369.4 364.0 5.5 366.5 358.8 7.6 372.0 366.0 5.9 378.2 374.7 3.5 372.6 371.2 1.4 369.0 364.1 4.9 374.7 371.3 3.4 866.4 190.9 969.3 228.2 956.2 225.6 981.7 1,005.3 1,041.4 1,064. 2 1,100.6 237.0 246.0 247.5 259.8 238.9 604.4 120.5 630.3 129.5 627.9 130.1 633.1 132.4 636.0 133.3 645.2 126.8 647.3 127.7 652.0 130.0 Goods. . Services. ... Structures. Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national productGross domestic product Business _ Nonfarm Nonfarm less housing.. Housing Farm Statistical discrepancy... Residual* Households and institutions. Government Federal State and local. Rest of the world. * Revised. 1,899.5 2,127.6 2,104.2 2,159.6 2,235.2 2,292.1 2,329.8 2,396.5 1,340.5 1,399.2 1,395.2 1,407.3 1,426.6 1,430.6 1,422.3 1,433.3 1,881.7 2,107.0 2,083.2 2,138.9 2,213.9 2,267.9 2,306.1 2,369.5 1,332.9 1,391.1 1,386.8 1,399.2 1,418.4 1,421.7 1,414. 2 1,609.0 1,807.8 1,787.5 1,837.6 1,904.9 1,951.4 1,984.5 2,042.0 1,143.7 1,197.5 1,193.6 1,205.1 1,223.9 1,226.9 1,219.0 1,552.2 1,745.0 1,725.8 1,774.8 1,837.5 1,880.8 1,915.2 1,964.8 1,100.7 1,160.0 1,156.2 1,169.1 1,188.0 1,193.1 1,184.7 1,404.5 1,579.2 1,562.3 1,607.1 1,664.7 1,702.3 1,731. 0 1,773.4 986.0 1,039.6 1,036.5 1,048.2 1,065.8 1,068.6 1,058.2 184.2 165.8 126.5 122.3 124.5 120.4 121.0 114.7 163.5 178.6 119.8 167.7 172.9 147.7 191.4 70.6 59.5 33.2 33.4 35.1 34.2 34.4 33.6 59.4 70.0 34.2 58.9 63.3 49.2 68.9 1 . 3 3.3 2.3 .6 3.9 4.1 7.5 8.3 .4 3.2 3.4 2.4 2.7 8.7 62.6 1,425.3 1,229.3 1,189.4 1,061.0 128.4 34.9 5.0 68.9 70.3 72.1 74.8 75.8 77.9 42.2 43.6 43.4 43.9 44.1 44.4 44.7 45.4 210.1 66.4 143.7 229.6 71.8 157.8 226.8 70.7 156.1 231.0 71.5 159.4 237.0 74.8 162.2 241.8 75.5 166.3 245.8 75.8 170.0 249.6 76.3 173.3 147.0 48.7 98.4 149.9 49.1 100.8 149.8 49.0 100.8 150.2 49.2 100.9 150.4 49.3 101.1 150.4 49.2 101.2 150.5 49.1 101.4 150.6 49.2 101.5 17.8 20.5 21.0 20.7 21.2 24.2 23.7 26.9 7.6 8.1 8.4 8.1 8.1 8.9 8.1 8.0 See footnotes on p. 8. 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.
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