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Bureau of Economic Analysis

Survey of Current Business

Table of Contents
February 1998

Selected articles may be accessed by clicking on the links below. (An Acrobat version of the table of contents is also available; however, links to other files will work only when you use Acrobat Reader 4.0.)


Special in this issue

8 Price Indexes for Selected Semiconductors, 1974–96 (PDF)

In the most recent comprehensive revision of the NIPA's, BEA introduced new quality-adjusted price indexes for semiconductors. This article discusses these indexes, which incorporated the results from hedonic regressions based on performance characteristics of seven types of memory chips and two lines of microprocessors and which are designed to address the biases that are associ-ated with conventional measures of real output for high-tech goods. As was noted when they were first introduced, the effect of incorporating the new price indexes into the NIPA's was to steepen the rate of decline in the prices of exports and imports of semiconductors and to raise the rates of real growth.

Regular features

1 Business Situation (PDF)

Real GDP increased 4.3 percent in the fourth quarter of 1997,upfroma 3.1-percent increase in the third quarter. The price index for gross domestic purchases increased 1.5 percent after increasing 1.3 percent. For the year 1997, real GDP grew 3.8 percent, the highest growth rate since 1988. The price index for gross domestic purchases increased 1.7 percent, the slowest increase since 1964. The personal saving rate declined to 3.8 percent, the lowest rate since 1939.

25 Personal Income by State and Region, Third Quarter 1997 (PDF)

Personal income in the Nation increased $77.8 billion, or 1.1 percent, in the third quarter of 1997. Most of the increase was accounted for by the Southeast, Far West, and Mideast regions. Utah, Washington, and Idaho had the fastest growth in personal income in the third quarter.

Reports and statistical presentations

D--1 BEA Current and Historical Data

National Data:

D--2 Selected NIPA Tables (PDF)
D--27 Other NIPA and NIPA-Related Tables (PDF)
D--36 Historical Tables (PDF)
D--41 Domestic Perspectives (PDF)
D--43 Charts (PDF)

International Data:

D--51 Transactions Tables (PDF)
D--57 Investment Tables (PDF)
D--62 International Perspectives (PDF)
D--64 Charts (PDF)

Regional Data:

D--65 State and Regional Tables (PDF)
D--69 Local Area Table (PDF)
D--71 Charts (PDF)

Appendixes: (PDF)

D--73 Appendix A: Additional Information About BEA's NIPA Estimates
D--75 Appendix B: Suggested Reading

Inside back cover: BEA Information (PDF)

(A listing of recent BEA publications available from GPO)

Back cover: Schedule of Upcoming BEA News Releases (PDF)


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Updated: December 28, 1998