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Survey of Current Business

The United Nations System of National Accounts: an introduction

The United Nations System of National Accounts: an introduction Carol S. Carson The United Nations System of National Accounts: An Introduction The United Nations System of National Accounts (SNA) is not widely known in the United States. However, interest is growing. Early this year, a working group on improving economic statistics, chaired by the Chairman […]

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Survey of Current Business

Gross state product by industry, 1998-2000 – economic research United States

Gross state product by industry, 1998-2000 – economic research United States – Statistical Data Included Sharon D. Panek NEW estimates of gross state product (GSP) for 2000 and revised estimates for 1998 and 1999 were released by the Bureau of Economic Analysis (BEA) on June 10, 2002. (1) GSP is the market value of the […]

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Survey of Current Business

Business situation – negative growth in GDP

Business situation – negative growth in GDP – Statistical Data Included Daniel Larkins REAL gross domestic product (GDP) decreased 0.4 percent in the third quarter of 2001 (table 1 and chart 1). (1) The decrease follows four quarters of subpar growth. It is the first decrease since a 0.1-percent dip in the first quarter of […]

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Survey of Current Business

U.S. international transactions, fourth quarter 2003

U.S. international transactions, fourth quarter 2003 Christopher L. Bach THE U.S. current-account deficit–the combined balances on trade in goods and services, income, and net unilateral current transfers–decreased to $127.5 billion (preliminary) in the fourth quarter of 2003 from $135.3 billion (revised) in the third quarter (table A, chart 1). (1) The decrease was more than […]

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Survey of Current Business

I. Local area table

I. Local area table I. Local Area Table Table I.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2001-2003 Personal income Millions of dollars Area name 2001 2002 United States (3) 8,716,992 8,869,809 Metropolitan portion 7,601,665 7,736,050 Nonmetropolitan portion 1,115,327 1,133,759 Metropolitan statistical (4) Abilene, TX 3,674 3,787 Akron, OH 20,572 20,945 Albany, […]

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Survey of Current Business

Local area personal income, 1999-2001 – Bureau of Economic Analysis data

Local area personal income, 1999-2001 – Bureau of Economic Analysis data – Illustration Jeffrey L. Newman THE Bureau of Economic Analysis (BEA) has released new estimates for 2001 and revised estimates for 1999-2000 of personal income for counties, metropolitan areas, and BEA economic areas (see the box “Definitions of Local Areas”). These estimates incorporate the […]

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Survey of Current Business

new estimates based on the North American Industry Classification System

Gross domestic product by industry for 1947-86: new estimates based on the North American Industry Classification System Robert E. Yuskavage LAST month, the Bureau of Economic Analysis (BEA) released new estimates of gross domestic product (GDP) by industry for 1947-86 that are based on the 1997 North American Industry Classification System (NAICS). These estimates, together […]

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Survey of Current Business

Comprehensive revision of gross state product by industry, 1977-94 – U.S. Bureau of Economic Analysis

Comprehensive revision of gross state product by industry, 1977-94 – U.S. Bureau of Economic Analysis – includes related article on data availability, GSP estimate release schedule and revision acknowledgements Howard L. Friedenberg In this article, the Bureau of Economic Analysis (BEA) presents new estimates of gross state product (GSP) for 1993 and 1994 and revised […]

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Survey of Current Business

U.S. International Services – trade statistics

U.S. International Services – trade statistics – Statistical Data Included Michael A. Mann Cross-Border Trade in 1999 and Sales Through Affiliates in 1998 In 1999, exports and imports of U.S. private services both grew 4 percent (table A). For exports, the growth rate was faster than the 1998 rate of 2 percent. The pickup reflected […]

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Survey of Current Business

The economic interpretation of hedonic methods

The economic interpretation of hedonic methods – discussion of new price index for computers incorporated into revised national income and product account tables Jack E. Triplett The Economic Interpretation of Hedonic Methods CONSTRUCTING price indexes for computer equipment is a challenge because these products have exhibited extremely high rates of quality change, and quality change […]