Bureau of Economic Analysis
Survey of Current Business
Table of Contents
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.)
On October 28, 1999, BEA released revised estimates for 1959--99 from the 11th comprehensive revision of the national income and product accounts. Comprehensive revisions, which are carried out every 4 to 5 years, are an important part of BEA's regular process for improving and modernizing its accounts to keep pace with the ever-changing U.S. economy. According to the revised estimates, real GDP is growing faster than previously estimated, and the rate of personal saving is higher, though still with a pronounced downtrend.
Recently, the Panel on Integrated Environmental and Economic Accounting, a panel of experts under the aegis of the National Research Council's Committee on National Statistics, issued a Congressionally requested assessment of the work on environmental accounting that BEA published in April 1994. The panel concluded that BEA had produced a set of sound and objective prototype satellite accounts and that such environmental accounts, within the context of a broader set of nonmarket accounts, would add valuable information to the basic NIPA's.
45 The Future of Environmental and Augmented National Accounts:
An Overview [By William D. Nordhaus, Chair of the Panel] (PDF)
50 Overall Appraisal of Environmental Accounting in the United States
[Reprint of chapter 5 of the Panel's final report] (PDF)
For 1997, after the reconciliation, the U.S. current-account balance with Canada shows a U.S. deficit, in contrast to the U.S. surplus that is shown in the U.S.-published accounts. For 1998, the reconciled balance shows a larger U.S. deficit than is shown in the U.S.-published accounts. These annual reconciliations show how the current-account estimates would appear if both countries used the same definitions, methodologies, and data sources.
Personal income in the Nation increased 1.3 percent in the second quarter of 1999, about the same pace as in the first quarter. In the second quarter, the States with the fastest growth were Nebraska, Kansas, Iowa, Nevada, and Arizona. The States with the slowest growth were New York, North Carolina, Alaska, and West Virginia.
D--3 Domestic Perspectives (PDF)
D--5 Charts (PDF)
D--7 Transactions Tables (PDF)
D--13 Investment Tables (PDF)
D--18 International Perspectives (PDF)
D--20 Charts (PDF)
D--21 State and Regional Tables (PDF)
D--25 Local Area Table (PDF)
D--27 Charts (PDF)
Inside back cover: Getting BEA's Estimates (PDF)
Back cover: Schedule of Upcoming BEA News Releases (PDF)