Bureau of Economic Analysis
	Survey of Current Business Table of Contents November 2000

Regular features

1 Business Situation (PDF)

The growth in the U.S. economy slowed in the third quarter of 2000, while inflation remained moderate. Real GDP increased 2.7 percent, less than half as much as the average increase in the preceding four quarters; the price index for gross domestic purchases increased 2.4 percent, about the same as the average increase in the preceding four quarters.

7 Comparison of BEA Estimates of Personal Income and IRS Estimates of Adjusted Gross Income: New Estimates for 1998 and Revised Estimates for 1997 (PDF)

BEA's estimates of personal income and the IRS estimates of adjusted gross income (AGI)--two widely used measures of household income--are reconciled through a series of adjustments for definitional differences between the two measures. This year's reconciliation reflects the recent annual revision of the national income and product accounts and recent updates to the AGI estimates.

14 Reconciliation of the U.S.-Canadian Current Account, 1998 and 1999 (PDF)

Each year, the U.S. and Canadian current-account estimates are reconciled to show how they would appear if both countries used the same definitions, methodologies, and data sources. After the reconciliation, the U.S. current-account deficits with Canada are larger than those that are shown in the U.S.-published accounts: For 1998, the deficit on the reconciled basis is $9.6 billion, compared with the U.S.-published deficit of $4.4 billion; for 1999, the reconciled deficit is $19.5 billion, compared with the published deficit of $15.1 billion.

30 State Personal Income, Second Quarter 2000 (PDF)

Personal income in the Nation increased 1.7 percent in the second quarter of 2000 after increasing 1.6 percent in the first quarter. In the second quarter, personal income grew the fastest in Nevada, Delaware, and Iowa. Personal income grew the slowest in Connecticut, Arizona, North Dakota, and New Hampshire.