Economic Report of the President

TABLE B-7.—Gross national product by major type of product in 1972 dollars, 1929-80[Billions of 1972 dollars; quarterly data at seasonally adjusted annual'rates]Year orquarter192919331939 .1940 .19411942 ... .194319441945194619471948 . .1949 .1950 . . .1951 ....1952195319541955 .1956 .1957195819591960. .19611962.19631964.196519661967. .1968 . .19691970 .1971 .. .1972197319741975 . ..1976 . .1977..,.1978 .1979 . . ..1980 *..1978.1IIIllIV1979:II " . .Ill . .IV.1980.II 111Grossnationalproduct315.7222.1319.8344.1400.4461.7531.6569.1560.4478.3470.3489.8492.2534.8579.4600.8623.6616.1657.5671.6683.8680.9721.7737.2756.6800.3832.5876.4929.3984.81,011.41,058.11,087.61,085.61,122.41,185.91,255.01,248.01,233.91,300.41,371.71,436.91,483.01,480.71,402.31,432.81,446.71,465.81,479.91,473.41,488.21,490.61,501.91,463.31,471.9Finalsales311.0227.0318.2337.9388.4456.5531.5571.4564.0466.1470.6484.3496.6524.2565.6596.5622.1618.2649.8665.8682.2682.8714.7733,7753.7792.4825.0869.3917.5968.0999.21,049.11,076.61,081.81,114.31,175.71,237.81,236.41,240.61,292.71,359.31,423.01,472.91,481.81,384.61,416.81,435.21,455.31,464.41,455.01,480.61,491.31,502.81,462.01,476.9Inventorychange4.6=4.91.66.212.05.2 .1-2.3-3.612.2-.25.5-4.410.613.74.31.5-2.27.75.81.5-1.87.03.53.07.87.57.111.816.812.29.011.13.88.110.217.211.6-6.77.812.314.010.2-1.217.716.011.510.615.418.47.6-.7-.91.3-5.0GoodsTotal144.397.5154.3171.7198.6221.4263.3287.3278.5238.3237.7244.8240.32615283.7292.1306.8292.7316.7320.9321.7311.6332.5335.8338.0361.3372.2393.8422.6456.4463.4483.1496.0486.9497.2529.6573.0564.0549.2588.9628.8655.9674.5665.9635.4655.1659.5673.5681.8669.1673.6673.3682.1658.1657.5TotalFinalsales139.7102.3152.7165.521&2263.3289.6282.2226.2237.9239.4244.7250.9270.0287.8305.3294.9309.0315.1320.2313.4325.5332.3335.0353.5364.7386.7410.8439.6451.2474.1484.9483.2489.1519.4555.8552.4555.9581.1616.5641.9664.3667.1617.7639.0648.0662.9666.4650.8666.0674.0683.0656.8662.4)Inventorychange4.6-4.91.66.212.05.2.1-2.3-3.612.2-.25.5-4.410.613.74.31.5-2.27.75.81.5-1.87.03.53.07.87.57.111.816.812.29.011.13.88.110.217.211.6-6.77.812.314.010.2-1.217.716.011.510.615.418.47.b-.7-.91.3-5.0Durable goodsFinalsales40.417.535.543.157.875.7118.8135.9121.260.375.577.378.386.198.2107.9116.2109.0117.2117.8119.4109.2113.6115.6114.7125.7132.5143.0157.2174.0178.3187.4193.0187.5188.7207.4236.1234.1230.3242.8264.2278.6290.2281.4261.6280.5282.4290.1295.0283.8292.1289.9295.2270.1278.4Inventorychange3.5-2.1.73.48.23.5.7-1.8-3.710.81.41.6-2.95.59.01.72.3-3.74.52.9.9-3.43.92.0-.14.23.45.18.212.36.65.47.2.03.07.212.79.4-6.45.45.810.96.7-2.013.810.19.210.611.411.93.8-.3-4.6 .7-3.8Nondurable goodsFinalsales99.384.9117.2122.4128.7140.5144.4153.7161.0165.8162.4162.1166.4164.8171.8179.9189.1185.9191.9197.2200.8204.3211.9216.6220.3227.8232.2243.7253.6265.6272.9286.7291.9295.7300.4312.0319.7318.3325.7338.3352.3363.3374.1385,6356.1358.5365.6372.8371.3367.0373.8384.1387.7386.7384.0Inventorychange1.1-2.8.92.83.81.7= .6-.5 .11.3-1.63.8-1.55.14.72.6= .81.53.22.9.61.63.11.63.03.74.21.93.64.55.63.63.93.75.13.04.52.2-.32.46.53.03.5.83.95.92.3= .14.06.43.8-.43.7.6-1.1Services127.4110.7135.2139.9158.5193.9242.0263.7263.0200.8188.1192,5198.3207.4231.3243.2247.5249.1260.1270.2282.4287.6299.4312.5326.9341.5356.2374.0390.7412.6434.1453.0469.2482.4497.8519.0542.9563.0576.4595.6618.2649.0678.0696.1639.9644.2652.8658.9669.1674.8683,0684.9690.7690.6699.9Structures43.914.030.332.543.346.326.218,118.839.144.652.453.665.964.365.569.374.380.780.579.781.789.889.091.797.4104.1108.6116.0115.9113.9122.0122.5116.3127.3137.3139.1121.0108.3116.0124.6132.1130.6118.7127.0133.6134.4133.4129.0129.5131.6132.4129.1114.6114.5AutooutputII""12.313.918.023.019.317.122.621.629.823.024.518.623.225.321.226.028.729.435.734.831.838.537.429.838.941.646.437.135.745.350.750.246.837.948.552.448.451.453.248.444.041.442.534.634.6Source: Department of Commerce, Bureau of Economic Analysis.241