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Home > Publications > Survey of Current Business > November 2004 - Volume 84 - Number 11 |
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November 2004 - Volume 84 - Number 11Business Situation: Advance Estimates for the Third Quarter of 2004Economic growth stepped up in the third quarter. Real GDP increased 3.7 percent after increasing 3.3 percent in the second quarter; the step-up mainly reflected an acceleration in consumer spending and a slowdown in imports. Inflation moderated; the price index for gross domestic purchases increased 1.8 percent after increasing 3.5 percent. | PDF | XLS Annual NIPA Revision: Newly Available NIPA TablesBEA continues to release the results from the 2004 annual NIPA revision. | PDF | Interactive Data Comparison of BEA Estimates of Personal Income and IRS Estimates of Adjusted Gross Income: New Estimates for 2002 and Revised Estimates for 2001The estimates of personal income and of adjusted gross income--two widely used measures of household income--are reconciled in order to account for the statistical and definitional differences between the two measures. The revised estimates incorporate the results of the 2004 annual NIPA revision. | PDF Updated Summary NIPA MethodologiesThe updated summary of the principal source data and methods that are used to prepare the real and current-dollar estimates of GDP now reflects the improvements in methodology that were introduced as part of the 2003 comprehensive NIPA revision and the 2004 annual NIPA revision. | PDF Gross Domestic Product by Industry for 1987-2000: New Estimates on the North American Industry Classification SystemThese new estimates for 1987-97 and the previously published estimates for 1998-2000 provide the first economywide, NAICS-based view of historical industry performance and contributions to GDP growth. These estimates offer new insights into the recent changes in the structure of the economy because NAICS more clearly identifies high-tech industries, such as information and communications technology, and provides more details for the services sector. | PDF | Interactive Data Reconciliation of the United States-Canadian Current Account for 2002 and 2003Each year, the bilateral current-account estimates of the United States are reconciled with those of Canada because of the extensive economic links between these two countries. The reconciled estimates are intended to assist analysts who use the estimates of both countries and to show how the current-account estimates would appear if both countries used common definitions, methodologies, and data sources. | PDF 2004 Redefinition of the BEA Economic AreasBEA has updated the definitions of the BEA economic areas to reflect changes in economic growth and population in the regions and to incorporate the revised standards for metropolitan statistical areas and the newly recognized micropolitan areas. The number of economic areas has increased from 172 to 179. | PDF | XLS Looking AheadThe NIPAs and the System of National Accounts. In recent years, BEA has been moving toward improved consistency with the internationally accepted set of guidelines for the compilation of national accounts in the System of National Accounts 1993 (SNA). In an upcoming article, the SNA and its relationship to the U.S. NIPAs are described. BEA Current and Historical Data
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