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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 NIPA estimates beginning with 1959 that reflected the incorporation of major definitional and statistical improvements that are designed to better measure the evolving U.S. economy. This article describes the revisions to GDP and to other major NIPA aggregates and components, and it identifies the principal sources of these revisions. For example, according to the revised estimates, real GDP grew faster than previously estimated; the faster growth rate was primarily attributable to a definitional change that recognized software as investment and to statistical changes to the price estimates.
Real GDP increased 5.5 percent in the third quarter of 1999, according to the ``preliminary'' estimate; the ``advance'' estimate issued last month had shown a 4.8-percent increase. The price index for gross domestic purchases increased 1.7 percent, 0.1 percentage point more than the previously published increase. Corporate profits increased $8.2 billion (or 0.9 percent at a quarterly rate) in the third quarter. The Federal Government current surplus increased $16.6 billion, to $134.7 billion, in the third quarter, and the State and local government surplus increased $10.7 billion, to $48.3 billion.
44 National Income and Product Accounts Tables (PDF)
132 GDP and Other Major NIPA Series, 1959--99 (PDF)
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)
D--29 Appendix A: Additional Information About BEA's NIPA Estimates
D--31 Appendix B: Suggested Reading
Inside back cover: Getting BEA's Estimates (PDF)
Back cover: Schedule of Upcoming BEA News Releases (PDF)