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National income and product accounts.

Selected NIPA Tables

New estimates in this issue: Third quarter 1991, final.

The set of 53 NIPA tables were shown in the November 1991 SURVEY OF CURRENT BUSINESS. For most series, revised annual estimates for 1987-90 and revised quarterly estimates for 1988:I-1991:III were included. Leaders were shown for several tables and parts of tables that were not available. As this issue goes to press, the following tables are not yet available: Tables 6.1C, 7.4, 7.6 7.9, 7.10, 7.11, and 7.12; they are not shown in this issue. Also, parts of tables 1.10, 1.16, 7.1, 7.2, 7.3, 7.13 and 8.1 are not yet available; leaders are shown for the parts that are not yet available.

Monthly estimates of personal income and outlays for 1987-90 are shown beginning on page 19. These tables reflect the comprehensive revision of the NIPAs.

Corrections to several "Selected NIPA Tables" and to several series included in November's "Summary National Income and Product Series" are shown in the errata on page 23.

The complete set of NIPA tables will appear in the January 1992 SURVEY.

NOTE.--This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division.

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ERRATA

National Income and Product Accounts

The "Selected NIPA Tables" and the "Summary National Income and Product Series" in the November 1991 SURVEY OF CURRENT BUSINESS contained several errors. The corrected estimates are provided below.

"Selected NIPA Tables"

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 Table 5.4.-Fixed Investment by Type
 [Billions of dollars, seasonally adjusted at annual rates]
 1991:I 1991:II
Line 12, Industrial equipment 87.4 84.0
Line 15, Other 76.5 75.6
 Table 5.5.-Fixed Investment by Type in Constant Dollars
 [Billions of 1987 dollars, seasonally adjusted at annual rates]
Line 12, Industrial equipment 74.7 71.6
Line 15, Other 67.7 66.7


"Summary National Income and Product Series"

Annual and quarterly current-dollar estimates for 1970-76 of nonresidential gross private domestic investment and of the aggregates for which gross private domestic investment is a component were incorrect. As a result, a number of the percent changes for the period 1970-77 and 1970:I-1977:I were also incorrect. The correct levels and percent changes are shown below. The corresponding constant-dollar estimates were correct.

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Article Details
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Title Annotation:includes selected business tables; a chart of gross domestic product, and personal income and outlays
Publication:Survey of Current Business
Article Type:Illustration
Date:Dec 1, 1991
Words:547
Previous Article:The business situation.
Next Article:The comprehensive revision of the U.S. national income and product accounts: a review of revisions and major statistical changes.
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