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Home > Publications > Survey of Current Business > May 2004- Volume 84 - Number 5 |
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May 2004 - Volume 84 - Number 5Business Situation: Advance Estimates for the First Quarter of 2004Real GDP increased 4.2 percent in the first quarter of 2004 after increasing 4.1 percent in the fourth quarter of 2003. The price index for gross domestic purchases increased 3.2 percent after increasing 1.3 percent; the acceleration was partly accounted for by energy prices. Real disposable personal income increased 4.3 percent after increasing 0.5 percent. | PDF | XLS Fixed Assets and Consumer Durable Goods: Preliminary Estimates for 2002 and Revised Estimates for 1925-2001As part of the comprehensive NIPA revision, the Bureau of Economic Analysis (BEA) has released updated estimates of fixed assets and consumer durable goods. These estimates incorporate several key statistical improvements, including longer service lives for aircraft, estimates of depreciation for light trucks, and an updated depreciation schedule for autos. They also incorporate changes in classification, including government structures by function and four new components of the types of nonresidential structures. For 1925-2002, the net stock at current cost grew at an average annual rate of 6.3 percent, and the net stock at real cost grew 2.9 percent. | PDF |Interactive Data Comprehensive NIPA Revision: Newly Available TablesBEA continues to release the results of the 12th comprehensive revision of the NIPAs. | PDF |Interactive Data Comprehensive Revision of State Personal Income: Preliminary Estimates for 2003 and Revised Estimates for 1969-2002On April 27, 2004, BEA released the results of the latest comprehensive revision of quarterly and annual estimates of state personal income that incorporates the results of the recent comprehensive NIPA revision, new data and newly available data, and improved methods for preparing the state estimates. The timing of this release represents an acceleration in the availability of state estimates that are consistent with the comprehensive NIPA revision. The revisions to state personal income are generally small and mixed in direction. | PDF |Interactive Data Looking AheadComprehensive Revision of the Annual Industry Accounts. An article in the June Survey will present the results of integrating BEA's annual input-output accounts with the GDP-by-industry accounts. Comprehensive Revision of Local Area Personal Income. The results of
the comprehensive revision of personal income for counties and metropolitan
areas will be presented in the June Survey. The revised estimates will
incorporate the results of the recent comprehensive NIPA and state revisions,
improvements in the source data and in the methods that are used to prepare
the estimates, and newly available data. BEA Current and Historical Data
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