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D-2 • National Data SURVEY OF CURRENT BUSINESS October 1997 National Data A. Selected NIPA Tables The tables in this section include the most recent estimates of gross domestic product and its components; these estimates were released on September 26,1997 and include the "final" estimates for the second quarter of 1997The selected set of NIPA tables shown in this section presents quarterly estimates, which are updated monthly. In most tables, the annual estimates are also shown. Most of the "annual only" NIPA tables were presented in the August 1997 SURVEY OF CURRENT BUSINESS. Tables 8.20-8.26 were presented in the September 1997 SURVEY OF CURRENT BUSINESS. The remaining "annual only" tables—tables 3.15-3.20 and 9.1-9.6—are presented elsewhere in this issue. The selected NIPA tables are available on printouts or diskettes from BEA. To order NIPA subscription products using Visa or MasterCard, call the BEA Order Desk at 1-800-704-0415 (outside the United States, (202) 606-9666). The selected NIPA tables are also available on the day of the gross domestic product (GDP) news release by subscription from STAT-USA'S Economic Bulletin Board and Internet services. For information, call (202) 482-1986. i. National Product and IncomeTable 1.1 .—Gross Domestic Product Table 1.2.—Real Gross Domestic Product [Billions of dollars] [Billions of chained (1992) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1995 1996 1996 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 Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local II III IV I 4,957.7 5,207.6 5,105.8 5,189.1 5,227.4 5,308.1 5,432.1 608.5 634.5 626.7 638.6 634.5 638.2 658.4 644.5 1,475.8 1,534.7 1,508.1 1,532.3 1,538.3 1,560.1 1,587.4 1,578.9 2,873.4 3,038.4 2,970.9 3,018.2 3,054.6 3,109.8 3,159.9 3,208.7 1,038.2 1,116.5 1,060.5 1,105.4 1,149.2 1,151.1 1,193.6 1,242.0 1,008.1 1,090.7 1,049.4 1,082.0 1,112.0 1,119.2 1,127.5 1,160.8 723.0 781.4 750.7 769.3 798.6 807.2 811.3 836.3 200.6 215.2 205.7 210.6 217.7 227.0 227.4 226.8 522.4 285.1 566.2 309.2 545.0 298.8 558.7 312.7 580.9 313.5 580.2 312.0 583.9 316.2 609.5 324.6 30.1 25.9 11.1 23.4 37.1 31.9 66.1 81.1 -86.0 -94.8 -83.0 -93.8 -114.0 -88.6 -98.8 -48.7 818.4 583.9 234.6 904.5 757.5 146.9 870.9 617.5 253.3 965.7 809.0 156.7 850.2 606.1 244.1 933.2 778.4 154.8 865.0 613.9 251.1 958.7 802.9 155.8 904.6 922.2 960.3 640.5 656.2 690.0 264.2 266.0 270.3 993.2 1,021.0 1,049.0 834.6 855.8 880.1 158.6 165.2 168.9 863.7 609.7 254.0 977.6 820.2 157.5 1,355.5 1,406.7 1,384.2 1,407.0 1,413.5 1,422.3 1,433.1 1,449.0 509.6 344.6 165.0 846.0 520.0 352.8 167.3 886.7 516.4 348.4 168.0 867.8 524.6 357.3 167.3 88P.4 521.6 354.8 166.8 891.9 517.6 350.6 167.0 904.7 516.1 343.3 172.8 917.0 526.1 350.6 175.5 923.0 1996 1996 I II 7,265.4 7,636.0 7,467.5 7,607.7 7,676.0 7,792.9 7,933.6 8,034.3 NoiE.-Percent changes from preceding period for selected items in this table are shown in table 8.1. 1995 1997 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 Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local Residual II 1997 III IV I II 6,742.1 6,928.4 68264 6,926.0 6943.8 7,017.4 7,101.6 7,159.6 4,595.3 4,714.1 4,669.4 4,712.2 4,718.2 4,756.4 4,818.1 4,829.4 583.6 811.1 600.7 614.8 611.9 617.1 637.8 629.0 1,412.6 1,432.3 1,422.5 1,431.6 1,433.9 1,441.2 1,457.8 1,450.0 2,599.6 2,671.0 2,646.5 2,666.5 2,672.8 2,698.2 2,723.9 2,749.8 991.5 1,069.1 1,012.2 1,059.2 1,100.3 1,104.8 1,149.2 1,197.1 962.1 1,041.7 1,001.5 1,035.7 1,060.9 1,068.7 1,079.0 1,111.4 706.5 771.7 736.9 759.7 789.3 800.8 808.9 837.0 179.9 188.7 182.1 185.6 190.0 196.9 195.9 193.5 528.3 257.0 586.0 272.1 27.3 25.0 557.4 266.1 8.0 577.1 277.2 602.9 274.1 606.7 271.1 616.6 273.3 649.3 278.2 21.3 37.9 32.9 63.7 77.6 -98.8 -114.4 -100.8 -112.6 -138.9 -105.6 -126.3 -136.6 791.2 573.9 218.0 890.1 749.2 141.2 857.0 628.4 229.9 971.5 823.1 149.0 828.2 605.2 224.0 929.0 781.4 147.8 847.4 619.2 229.3 960.0 811.7 148.8 851.4 901.1 922.7 962.5 623.0 666.2 686.2 725.8 229.4 236.8 238.9 240.8 990.2 1,006.6 1,048.9 1,099.1 841.7 857.5 891.3 938.4 149.3 150.0 158.4 161.8 1,251.9 1,257.9 1,243.2 1,265.1 1,261.5 1,261.8 1,260.5 1,270.1 470.3 322.6 147.5 781.6 .6 464.2 317.8 146.1 793.7 -1.6 460.9 314.9 145.7 782.4 470.7 323.2 147.2 794.4 .1 -.9 465.7 319.4 146.0 795.9 -2.4 459.6 313.6 145.7 802.3 ^.8 452.8 303.9 148.5 807.7 460.1 309.4 150.2 810.1 -2.9 -3.9 NOTE.-Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to the percent change in real gross domestic product are shown in table 8.2. October 1997 National Data • SURVEY OF CURRENT BUSINESS D-3 Table 1.3.—Gross Domestic Product by Major Type of Product Table 1.4.—Real Gross Domestic Product by Major Type of Product [Billions of dollars] [Billions of chained (1992) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1995 1996 1996 I Gross domestic product II 1995 1997 III IV I 7,265.4 7,636.0 7,467.5 7,607.7 7,676.0 7,792.9 7,933.6 8,034.3 Final sales of domestic product Change in business inventories Goods Final sales Change in business inventories .. 7,235.3 7,610.2 7,456.4 7,584.3 7,638.9 7,761.0 7,867.4 7,953.2 30.1 25.9 11.1 23.4 37.1 31.9 66.1 81.1 2,667.9 2,785.2 2,733.2 2,782.7 2,797.8 2,826.9 2,904.6 2,936.0 2,637.8 2,759.3 2,722.1 2,759.3 2,760.7 2,795.0 2,838.4 2,854.9 30.1 25.9 11.1 23.4 37.1 31.9 66.1 81.1 1,163.0 1,228.9 1,200.6 1,232.9 1,249.5 1,232.4 1,279.8 1,322.1 1,133.9 1,212.0 1,183.4 1,214.8 1,216.3 1,233.5 1,248.0 1,275.3 Durable goods Final sales Change in business inventories,. Nondurable goods Final sales Change in business inventories Services Structures Addenda: Motor vehicle output Gross domestic product less motor vehicle output 29.1 16.9 17.2 18.1 33.3 -1.1 31.8 46.8 1,504.9 1,556.3 1,532.6 1,549.9 1,548.3 1,594.5 1,624.7 1,613.9 1,503.9 1,547.3 1,538.7 1,544.5 1,544.4 1,561.5 1,590.4 1,579.6 -6.2 34.4 1.0 9.0 5.3 3.9 34.3 33.0 3,980.7 4,187.3 4,096.2 4,162.2 4,208.1 4,282.7 4,338.2 4,400.1 616.8 663.6 638.1 662.8 670.1 683.3 690.8 698.2 273.5 271.4 256.1 283.5 278.7 267.2 281.4 270.4 6,991.9 7,364.7 7,211.5 7,324.2 7,397.3 7,525.8 7,652.2 7,764.0 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1996 1996 I II Gross domestic product Final sales of domestic product Change in business inventories Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services Structures Residual Addenda: Motor vehicle output Gross domestic product less motor vehicle output 1997 IV III II I 6,742.1 6,928.4 6,826.4 6,926.0 6,943.8 7,017.4 7,101.6 7,159.6 6,712.7 6,901.0 6,815.0 6,902.3 6,905.0 6,981.7 7,034.1 7,077.7 27.3 25.0 8.0 2.4 3.4 21.3 37.9 2.4 .9 32.9 2.8 63.7 77.6 4.3 2,574.2 2,662.6 2,614.6 2,658.8 2,673.1 2,704.1 2,769.3 2,796.7 2,545.0 2,635.5 2,604.1 2,635.5 2,634.0 2,668.4 2,699.6 2,711.8 2.1 Residual Goods II 3.8 32.9 63.7 21.3 37.9 77.6 27.3 8.0 25.0 1,152.3 1,222.1 1,188.7 1,227.3 1,244.0 1,228.5 1,277.0 1,327.5 1,124.3 1,205.8 1,171.9 1,210.0 1,211.4 1,230.1 1,245.8 1,281.4 17.0 31.3 -.9 29.9 43.8 16.3 27.3 15.9 1,423.4 1,443.7 1,428.4 1,435.1 1,433.5 1,477.9 1,496.1 1,476.2 1,421.9 1,433.2 1,434.5 1,429.3 1,426.5 1,442.6 1,458.3 1,437.5 4.3 33.8 6.6 33.8 33.8 -.2 -8.3 9.1 3,614.7 3,686.6 3,648.4 3,684.9 3,689.0 3,723.9 3,743.9 3,774.4 555.0 582.2 565.7 584.9 585.0 592.9 595.1 595.7 -.9 -4.4 -2.1 -4.4 -S.O -5.0 -£.2 -7.0 247.5 241.3 229.0 252.8 246.8 236.5 247.5 240.6 6,494.3 6,687.1 6,597.5 6,672.9 6,696.8 6,781.0 6,854.1 6,919.1 NoTE.-Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line following change in business inventories is the difference between gross domestic product and the sum of final sales of domestic product and of change in business inventories; the residual line following structures is the difference between gross domestic product and the sum of the detailed lines of goods, of services, and of structures. 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 Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Billions of dollars] [Billions of chained (1992) dollars] Gross domestic product 7,265.4 7,636.0 7,467.5 7,607.7 7,676.0 7,792.9 7,933.6 8,034.3 Less: Exports of goods and services ..> Plus: Imports of goods and services ..>. Equals: Gross domestic purchases 818.4 870.9 850.2 865.0 863.7 904.6 904.5 965.7 933.2 958.7 977.6 993.2 1,021.0 1,049.0 922.2 960.3 7,351.4 7,730.9 7,550.5 7,701.5 7,790.0 7,881.5 8,032.4 8,123.1 Less: Change in business inventories Equals: Final sales to domestic purchasers 30.1 25.9 11.1 23.4 37.1 31.9 66.1 81.1 7,321.3 7,705.0 7,539.5 7,678.1 7,752.8 7,849.6 7,966.3 8,042.0 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Less: Change in business inventories Equals: Final sales to domestic purchasers 6,742.1 6,928.4 6,826.4 6,926.0 6,943.8 7,017.4 7,101.6 7,159.6 791.2 857.0 828.2 847.4 851.4 890.1 971.5 929.0 960.0 990.2 1,006.6 1,048.9 1,099.1 901.1 27.3 25.0 8.0 21.3 37.9 32.9 [Billions of chained (1992) dollars] 7,265.4 7,636.0 7,467.5 7,607.7 7,676.0 7,792.9 7,933.6 8,034.3 6,074.7 6,401.0 6,249.0 6,377.7 6,434.2 6,543.1 6,666.5 6,755.0 6,001.36,311.66,165.6 6,289.2 6,341.7 6,450.0 6,573.1 6,657.9 5,372.0 5,652.8 5,520.5 5,636.3 5,677.3 5,777.1 5,892.5 5,971.0 629.2 658.8 645.1 652.8 664.4 673.0 680.6 . Households and institutions ... Private households {'..-. Nonprofit institutions General government2 li.L; .... 73.5 89.4 83.4 88.6 92.5 93.0 93.4 97.1 331.8 346.0 340.3 343.9 347.9 352.0 357.7 363.6 11.8 319.9 11.5 11.8 11.6 11.4 11.1 11.1 11.3 334.6 328.5 332.3 336.6 341.0 352.3 878.3 886.1 897.8 346.6 909.4 281.4 607.6 280.5 597.8 281.9 604,2 281.1 616.7 286.2 623.3 858.9 275.5 583.4 282.1 611.8 915.8 286.2 629.6 1. Gross domestic business product equals gross domestic product less gross product of households and institutions and of general government. Nonfarm product equals gross domestic business product less gross farm product. 2. Equals compensation of general government employees plus general government consumption of fixed capital as shown in table 3.7. 63.7 77.6 NoTE.-Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.8.—Real Gross Domestic Product by Sector IVWWIIIJ} 962.5 6,808.1 7,010.2 6,911.8 7,009.9 7,036.4 7,082.7 7,153.1 7,204.7 [Billions of dollars] Gross domestic product 922.7 6,837.5 7,037.7 6,923.2 7,033.6 7,075.3 7,118.4 7,220.9 7,286.9 Table 1.7.—Gross Domestic Product by Sector Business* Nonfarrn1 Nonfarm less housing Housina Farm : Federal State and local Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases Gross domestic product Business1 Nonfarm1 Nonfarm less housing Housing Farm 6,742.1 6,928.4 6,826.4 6,926.0 6,943.8 7,017.4 7,101.6 7,159.6 5,657.4 5,842.9 5,750.2 5,838.1 5,854.9 5,928.5 6,009.6 6,064.4 5,582.7 5,766.8 5,673.0 5,761.3 5,779.8 5,853.3 5,929.7 5,983.2 5,005.7 5,181.4 5,093.9 5,179.0 5,191.35,261.35,335.35,388.2 577.0 585.7 579.3 582.6 588.7 592.3 594.9 595.6 74.2 76.2 74.7 75.5 74.6 79.0 80.4 76.6 Households and institutions ... 305.1 311.2 307.6 310.4 312.5 314.4 316.9 319.2 Private households 10.3 10.0 9.6 10.8 10.1 10.5 9.6 9.6 Nonprofit institutions 294.3 301.1 297.1 300.1 302.5 304.8 307.4 309.6 2 General government 780.3 775.9 769.9 778.9 778.1 776.6 777.7 778.8 Federal State and local Residual 248.1 532.2 -.2 240.9 535.2 240.5 529.6 242.8 536.3 241.3 537.0 -1.5 -1.1 -1.3 -1.6 238.9 537.9 -2.1 238.2 539.9 -2.7 237.1 542.1 1. Gross domestic business product equals gross domestic product less gross product of households and institutions and of general government. Nonfarm product equals gross domestic business product less gross farm product. 2. Equals compensation of general government employees plus general government consumption of fixed capital as shown in table 3.8. NOTE.-Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines.