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11 SURVEY OF CURRENT BUSINESS August 1994 NATIONAL INCOME AND PRODUCT ACCOUNTS Selected NIPA Tables New estimates in this issue: "Preliminary" estimates for the second quarter of 1994. The selected set of national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are updated monthly. (In most tables, the annual estimates are also shown.) These tables are available on the day of the gross domestic product (GDP) news release on printouts and diskettes on a subscription basis or from the Commerce Department's Economic Bulletin Board. For order information, write to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, Washington, DC 20230 or call (202) 606-9700. Tables containing the estimates for 1929-87 are available in the two-volume set National Income and Product Accounts of the United States', see inside back cover for order information. For 1988-93, the complete official time series of NIPA estimates can be found as follows: 1988 NIPA'S, vol. 2 Most tables Tables 1 15, 1 16, and 7 15 Tables 3.15-3.20 and 9.1-9.6 . . . Tables 7.1, 7.2, 7.3, and 8.1 — Aug. 1994 SURVEY Tables 7.4—7.12 Apr. 1993 SURVEY 1991-93 1990 1989 July 1992 SURVEY Sept. 1992 SURVEY Aug. 1994 SURVEY Apr. 1993 SURVEY July 1994 SURVEY Aug. 1993 SURVEY Sept. 1993 SURVEY Sept. 1994 SURVEY Aug. 1994 SURVEY July 1994 SURVEY Aug. 1994 SURVEY Aug. 1993 SURVEY Summary NIPA series back to 1929 will be in the September 1994 SURVEY. Errata to published NIPA tables appear in the September 1992, April 1993, October 1993, and March 1994 issues. NIPA tables are also available, most beginning with 1929, on diskettes or magnetic tape. For more information on the presentation of the estimates, see "A Look at How BEA Presents the NIPA'S" in the February 1994 SURVEY. NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division. i. National Product and Income. Table 1.1.—Gross Domestic Product Table 1.2.—Gross Domestic Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 1993 I Gross domestic 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 .. Federal National defense Nondefense State and local II 1992 1994 III I 6,020.2 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 4,136.9 4,378.2 4,294.6 4,347.3 4,401.2 4,469.6 4,535.0 4,587.3 492.7 538.0 516.1 531.2 541.9 1,295.5 1,339.2 1,327.1 1,334.2 1,340.2 2,348.7 2,501.0 2,451.4 2,481.9 2,519.1 562.8 1,355.2 2,551.6 576.2 1,368.9 2,589.9 581.8 1,381.0 2,624.5 788.3 882.0 853.8 869.7 882.2 922.5 966.6 1,031.7 785.2 561.4 171.1 866.7 616.1 173.4 833.7 589.8 170.6 851.1 609.3 172.3 868.3 619.0 173.9 913.5 646.3 176.7 942.5 665.4 172.7 967.5 683.4 181.4 390.3 223.8 442.7 250.6 419.2 243.9 437.0 241.8 445.1 249.3 469.6 267.2 492.7 277.1 502.0 284.1 15.4 20.1 -4.7 20.1 21.6 -1.6 18.6 23.9 -5.3 13.9 24.2 24.1 22.3 64.2 60.5 3.0 -2.7 5.7 -10.3 9.0 10.7 -1.7 1.8 3.6 -30.3 -65.3 -49.6 -63.3 -77.0 -71.2 -86.7 -99.8 638.1 668.4 659.1 724.3 646.8 696.4 660.1 723.5 649.0 726.0 680.3 751.4 674.2 760.9 703.2 803.0 1,125.3 1,148.4 1,137.1 1,146.3 1,152.9 1,157.2 1,159.8 1,160.3 439.8 299.1 140.7 717.4 437.8 291.7 146.1 722.0 434.9 290.7 144.1 731.4 449.0 314.2 134.8 676.3 443.6 302.7 140.9 704.7 446.9 307.0 139.9 690.2 445.2 305.8 139.4 701.2 442.7 299.0 143.6 710.2 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1993 1993 II I IV Gross domestic 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 Federal National defense Nondefense State and local II 1994 III II I IV 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 3,349.5 3,458.7 3,417.k 3,439.2 3,472.2 3,506.2 3,546.3 3,558.6 452.6 489.9 472.5 483.7 492.7 510.8 521.7 523.3 1,057.7 1,078.5 1,070.0 1,074.3 1,081.7 1,088.0 1,098.3 1,103.9 1,839.1 1,890.3 1,874.8 1,881.2 1,897.8 1,907.4 1,926.3 1,931.3 725.3 819.9 789.2 806.2 821.8 862.5 898.9 §48.2 722.9 525.9 149.8 804.6 591.6 147.7 770.7 560.3 147.2 787.3 581.0 147.3 808.8 597.9 147.5 851.7 627.2 148.7 873.4 643.6 144.1 891.9 657.9 150.7 376.2 196.9 443.9 213.0 413.0 210.4 433.7 206.3 450.3, 211.0 478.5 224.5 499.4 229.9 507.3 234.0 15.3 18.5 -3.2 18.5 19.7 -1.2 18.9 22.8 -3.9 13.0 20.9 -7.9 10.8 10.7 25.4 22.1 56.3 51.8 -32.3 -73.9 -57.0 -69.3 -86.3 -82.2 -104.0 -112.9 578.8 611.2 602.5 676.3 589.2 646.8 600.2 669.6 595.3 681.6 625.2 707.4 2.5 -2.0 4.5 .1 3.3 619.6 723.6 4.6 642.7 755.6 930.9 929.8 926.5 929.3 9318 931.5 919.9 916.3 373.5 261.4 112.2 563.3 356.6 243.7 113.0 573.1 361.6 248.2 113.3 564.9 358.3 246.8 111.5 571.0 355.6 240.9 114.7 576.2 351.1 238.7 112.4 580.4 341.7 228.5 113.2 578.3 333.9 224.9 109.0 582.4 NOTE—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS 12 • August 1994 Table 1.3.—Gross Domestic Product by Major Type of Product Table 1.4.—Gross Domestic Product by Major Type of Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1992 1993 1993 I Gross domestic product Final sales of domestic product Change in business inventories Goods l Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services1 Structures III II Seasonally adjusted at annual rates s 1994 1992 6,020,2 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 6,017.2 6,327.9 6,215.8 6,281.4 6,345.4 6,469.2 6,550.6 6,621.4 3.0 15.4 20.1 18.6 13.9 9.0 24.1 64.2 2,295.0 2,405.8 2,369.6 2,396.2 2,395.8 2,461.6 2,513.2 2,560.4 2,292.0 2,390.4 2,349.6 2,377.6 2,381.9 2,452.6 2,489.1 2,496.2 3.0 ,. 15.4 20.1 18.6 13.9 9.0 24.1 64.2 955.6 1,041.0 1,006.1 1,034.4 1,041.7 1,081.9 1,118.7 1,140.0 968.6 1,032.4 999.1 1,030.6 1,026.8 1,072.9 1,098.2 1,102.3 -13.0 8.6 6.9 3.7 14.9 9.0 20.6 37.6 1,339.4 1,364.8 1,363,6 1,361.8 1,354.0 1,379.7 1,394.5 1,420.4 1,323.4 1,358.0 1,350.4 1,347.0 1,355.1 1,379.7 1,390.9 1,393.9 6.7 16.0 13.1 14.8 -1.1 0 3.5 26.5 3,227.2 3,405.5 3,350.4 3,383.1 3,429.3 3,459.3 3,503.8 3,551.6 532.0 498.0 515.9 520.6 534.1 557.2 I II I IV 557.7 573.5 1993 1993 Gross domestic product Final sales of domestic product Change in business inventories . Goods 1 Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services 1 Structures II 1994 HI II I IV 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 4,976.9 5,119.3 5,056.8 5,086.5 5,126.5 5,207.2 5,235.7 5,253.9 2.5 15.3 18.5 18.9 13.0 10.8 25.4 56.3 1,991.0 2,081.8 2,043.7 2,069.9 2,078.2 2,135.5 2,168.8 2,200.7 1,988.5 2,066.5 2,025.2 2,051.0 2,065.3 2,124.7 2,143.3 2,144.4 2.5 15.3 18.5 18.9 895.6 906.7 986.0 977.7 945.8 939.6 973.4 968.8 -11.2 8.3 6.2 4.6 13.0 10.8 25.4 56.3 991.4 1,033.6 1,061.4 1,073.9 977.9 1,024.7 1,041.7 1,040.8 13.5 8.9 19.7 33.1 1,095.4 1,095.8 1,098.0 1,096.5 1,086.8 1,101.9 1,107.4 1,126.8 1,081.8 1,088.8 1,085.7 1,082.2 1,087.4 1,100.0 1,101.7 1,103.6 13.6 7.0 12.3 14.3 -.6 1.9 5.7 23.2 2,549.3 2,597.6 2,584.7 2,588.5 2,606.1 2,611.2 2,625.8 2,632.7 439.0 455.1 446.9 447.0 455.1 471.3 466.5 476.9 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.5.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.6.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant Dollars [Billions of dollars] 6,020.2 Gross domestic product Less: Exports of goods and services 6381 Plus: Imports of goods and 668.4 services Equals: Grossl domestic purchases ..... 6,050.5 Less: Change in business inventories 3.0 Equals: Final sales to 2 domestic purchasers 6,047.5 [Billions of 1987 dollars] 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 6591 6468 6601 6490 6803 6742 7032 724.3 696.4 723.5 726.0 751.4 760.9 803.0 6,408.6 6,285.5 6,363.3 6,436.3 6,549.3 6,661.4 6,785.3 15.4 20.1 18.6 13.9 9.0 24.1 64.2 6,393.2 6,265.4 6,344.7 6,422.4 6,540.3 6,637.3 6,721.2 Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross1 domestic purchases Less: Change in business inventories Equals: Final sales to 2 domestic purchasers 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 578.8 602.5 589.2 600.2 595.3 625.2 619.6 642.7 611.2 676.3 6468 669.6 681.6 707.4 723.6 755.6 5,011.6 5 208.4 5,132 9 5,174.7 5,225.8 5,300.2 5,365.1 5,423.1 2.5 15.3 18.5 18.9 13.0 10.8 25.4 56.3 5,009.2 5,193.1 5,114.4 5,155.8 5,212.8 5,289.4 5,339.7 5,366.7 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.7.—Gross Domestic Product by Sector Table 1.8.—Gross Domestic Product by Sector in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Gross domestic product Business Nonfarm Nonfarm less housing .... Housing Farm Statistical discrepancy Households and institutions Private households Nonprofit institutions General government Federal State and local Addendum: Gross domestic business product less housing 6,020.2 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 5,090.4 5,371.4 5,276.7 5,332.3 5,382.1 5,494.4 5,575.7 5,673.1 49961 52938 5,171 8 52493 53223 5,431 7 5 524.7 5611 1 4,494.4 4,771.0 4,657.5 4,730.8 4,796.4 4,899.5 4,975.0 5,067.3 501.7 522.7 514.3 518.5 525.8 532.2 549.6 543.8 65.4 -5.5 79.2 87.1 79.7 -16.5 -36.1 -17.7 283.4 286.9 291.0 295.7 300.1 10.7 10.8 10.9 11.1 11.3 272.7 276.1 280.0 284.5 288.8 2.3 79.4 25.5 77.3 8.8 268.6 285.3 279.7 10.1 10.8 258.4 274.5 106 269.1 85.6 75.3 5.7 661.2 686.6 679.5 684.2 690.2 692.7 703.3 712.4 199.5 461 7 203.6 4830 204.1 4754 203.6 4806 204.3 4859 202.5 4902 206.3 497.1 209.0 503.4 4,584.2 4,844.0 Gross domestic product Business Nonfarm Nonfarm less housing .... Housing Farm Statistical discrepancy Households and institutions Private households Nonprofit institutions General government Federal State and local Addendum: Gross domestic business product less housing 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 4,258.7 4,409.4 4,352.0 4,380.4 4,413.3 4,491.7 4,532.6 4,579.9 4,170.6 4,336.4 4,255.3 4,303.4 4,353.8 4,433.2 4,486.1 4,515.6 3,771.0 3,925.5 3,849.1 3,893.8 3,941.1 4,017.9 4,070.6 4,097.9 3996 4109 4062 409.6 412.7 415.3 415.5 417.8 75.9 78.6 64.0 72.0 757 71 0 72.3 808 -14.3 -29.3 4.7 -4.5 -13.5 1.9 21.0 7.3 208.5 215.6 212.2 215.0 217.0 218.1 220.1 222.4 88 199.8 90 206.5 90 203.2 90 206.0 90 208.0 90 209.1 91 211.0 9.2 213.2 512.0 509.6 511.2 510.0 509.1 508.2 508.4 507.9 151 9 360.1 1460 1490 363.6 362.1 146.9 363.1 145.1 364.0 143.2 365.1 141.9 366.5 139.8 368.1 3,855.4 3,994.9
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