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SURVEY OF CURRENT BUSINESS December 1986 National Income and Product Accounts Tables New estimates in this issue: Third quarter 1986, revised (r). Estimates of capital consumption allowances, corporate profits before tax, proprietors' income, and related estimates for the first three quarters of 1986 have been adjusted to reflect the retroactive provisions of the Tax Reform Act of 1986. The following tables were affected: 1.9, 1.14, 1.16, 3.2, 3.3, 5.1, 6.3B, 6.18B, and 7.18. See page xx. Estimates for 1929-82 are in The National Income and Product Accounts, 1929-82: Statistical Tables (Stock No. 003-010-00174-7, price $23.00). Estimates for 1983-1985 are in the July 1986 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 1984 1985 1985 II 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 ... III Seasonally adjusted at annual rates 1984 1986 A IV I nr II 3,765.0 3,998.1 3,965.0 4,030.5 4,087.7 4,149.2 4,175.6 4,240.7 2,428.2 2,600.5 2,576.0 2,627.1 2,667.9 2,697.9 2,732.0 2,799.8 331.2 359.3 354.0 373.3 362.0 360.8 373.9 414.5 870.1 905.1 902.3 907.4 922.6 929.7 928.4 932.8 1,227.0 1,336.1 1,319.7 1,346.4 1,383.2 1,407.4 1,429.8 1,452.4 662.1 598.0 416.5 139.3 661.1 650.0 458,2 154.8 667.1 648.0 459.2 156.1 657.4 654.3 459.8 155.0 669.5 672.6 474.0 157.2 708.3 664.4 459.2 154.6 687.3 672.8 457.5 141.5 675.8 680.3 459.0 139.5 277.3 181.4 303.4 191.8 303.1 188.8 304.7 1945 316.8 198.6 304.6 205.3 316.0 215.3 319.5 221.3 64.1 56.6 7.5 11.1 12.2 -1.1 19.1 10.4 8.6 3.1 3.2 1 31 16.7 19 9 43.8 41.2 2.7 14.5 45 10.5 -10.3 5.8 3.9 -58.7 -78.9 -77.1 -83.7 -105.3 -93.7 -104.5 -108.9 382.7 369.8 370.0 362.3 368.2 374.8 363.0 370.8 441.4 448.6 447.1 446.0 473.6 468.5 467.5 479.7 733.4 311.3 235.0 76.2 422.2 815.4 354.1 259.4 94.7 461.3 799.0 340.9 255.1 85.8 458.1 829.7 360.9 265.5 95.5 468.8 855.6 380.9 268.0 112.9 474.7 836.7 355.7 266.4 89.3 480.9 860.8 367.6 278.4 89.2 493.3 874.0 369.3 286.8 82.6 504.7 1985 1985 II III Gross national product 3,489.9 3,585.2 3,567.6 3,603.8 Personal consumption expenditures 2,246.3 2,324.5 2,311.9 2,342.0 Durable goods. .. 318.9 343.9 338.8 357.4 Nondurable goods 828.6 841.6 841.3 843.8 Services 1,098.7 1,139.0 1,131.8 1,140.8 Gross private domestic investment 652.0 647.7 655.6 643.8 Fixed investment 592.8 638.6 638.1 643.1 Nonresidential 422.2 461.4 463.0 463.1 154.1 152.3 Structures 141.3 152.2 Producers' durable equipment 280.9 309.2 308.9 310.9 170.6 177.2 175.1 180.0 Residential.. .. Change in business 17.4 .7 inventories 59.2 9.0 1.4 Nonfarm 54.3 9.6 10.9 -.7 Farm 7.8 4.9 -1.9 Net exports of goods and services -83.6 -108.2 108.1 -113.8 355.8 Exports 369.7 362.3 361.2 Imports 453.2 470.5 469.3 469.6 Government purchases of goods and services 675.2 721.2 708.3 731.8 Federal 291.7 323.6 311.4 329.9 National defense 219.4 235.7 233.5 242.2 Nondefense 87.6 72.3 87.8 77.9 State and local 383.5 397.6 396.9 401.9 1986 IV I II IIF 3,622.3 3,655.9 3,661.4 3,686.4 2,351.7 2,372.7 2,408.4 2,448.0 391.6 347.0 345.4 357.1 847.2 860.6 877.3 875.4 1,157.5 1,166.6 1,174.0 1,181.0 653.2 658.4 476.9 152.4 684.0 644.1 457.8 148.1 664.7 649.6 456.8 132.9 651.3 651.6 454.4 129.5 324.5 181.5 309.7 186.3 323.9 192.7 324.9 197.2 52 16.1 213 39.9 37.0 2.9 15.1 11.0 4.1 -.3 -8.6 8.3 -132.0 -125.9 -153.9 -163.3 362.9 369.2 359.8 371.2 513.6 534.5 494.8 495.1 749.4 347.2 239.3 107.9 402.2 725.2 320.4 238.7 81.7 404.8 742.2 328.9 249.3 79.5 413.3 750.4 330.9 259.4 71.5 419.5 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 1984 II Gross national product Final sales Change in business inventories Goods Final sales Change in business inventories Durable goods Final sales Change in business Nondurable goods Final sales Change in business inventories Services '. Structures III 1984 1986 1985 1985 IV I II -4.5 14.5 43.8 3.1 -3.1 11.1 19.1 64.1 1,576.7 1,630.2 1,622.4 1,642.7 1,644.1 1,669.0 1,661.5 1,680.2 1,512.6 1,619.1 1,603.3 1,639.7 1,647.2 1,625.2 1,647.1 1,684.7 ii.i 64.1 675.0 635.9 700.2 693.6 19.1 693.1 690.8 3.1 710.3 713.0 -3.1 709.1 699.6 43.8 710.6 682.0 14.5 703.1 703.2 45 730.1 745.7 39.2 901.7 876.7 6.6 930.0 925.5 2.3 929.3 912.6 -2.7 932.5 926.7 9.5 935.0 947.7 28.6 958.4 943.1 1 958.5 943.9 156 950.1 939.0 11.1 14.6 15.3 127 16.7 5.8 25.0 4.5 1,813.2 1,959.8 1,935.4 1,971.9 2,025.5 2,057.7 2,087.4 2,125.2 418.1 422.6 426.7 435.3 407.2 415.9 408.1 375.1 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. II IIP 3,765.0 3,998.1 3,965.0 4,030.5 4,087.7 4,149.2 4,175.6 4,240.7 3,700.9 3,987.0 3,945.9 4,027.4 4,090.8 4,105.4 4,161.2 4,245.2 1985 1985 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 III 1986 IV I II IIIr 3,489.9 3,585.2 3,567.6 3,603.8 3,622.3 3,655.9 3,661.4 3,686.4 3,430.7 3,576.2 3,550.2 3,603.1 3,627.5 3,616.1 3,646.3 3,686.7 17.4 -.3 .7 -5.2 9.0 59.2 15.1 39.9 1,503.1 1,533.2 1,526.0 1,544.2 1,541.7 1,563.6 1,562.8 1,568.0 1,443.9 1,524.2 1,508.6 1,543.6 1,546.9 1,523.7 1,547.6 1,568.3 59.2 653.4 615.9 9.0 675.8 670.0 17.4 668.3 666.6 .7 686.5 689.3 -5.2 688.7 680.2 39.9 688.6 662.6 15.1 687.5 688.3 37.5 849.7 828.0 5.9 857.4 854.2 1.7 857.7 841.9 29 857.8 854.2 8.4 853.0 866.7 26.0 875.0 861.1 -.7 -14.4 875.2 853.8 859.4 839.7 -.3 714.2 728.6 3.2 15.7 21.7 15.9 14.1 3.5 -13.6 13.9 1,623.0 1,667.6 1,656.5 1,668.7 1,692.1 1,703.0 1,712.0 1,727.2 363.9 384.4 385.1 390.9 388.5 389.4 386.6 391.3 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. NOTE.—Some estimates for the first three quarters of 1986 have been adjusted to reflect the retroactive provisions of the Tax Reform Act of 1986. See page 2.
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