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A user's guide to BEA information; publications, computer tapes, diskettes, and other information services.

A User's Guide to BEA Information

BEA provides basic information on such key issues as economic growth, inflation, regional development, and the Nation's role in the world economy. This guide, which lists the most recent and most frequently requested BEA products and services, helps users locate that information.

The guide contains program descriptions and entries for specific products and services. The first section, entitled "General," describes the products and services that cut across the range of BEA's work. The following sections describe the products and services related to BEA's four program areas: National economics, regional economics, international economics, and other tools for measuring, analyzing, and forecasting.

General

BEA's current national, regional, and international estimates usually appear first in news releases. The information in news releases is available to the general public in three forms: On recorded telephone messages, online through the Economic Bulletin Board, and in BEA Reports. This section describes these services, as well as the SURVEY OF CURRENT BUSINESS--BEA's monthly publication of record--and products related to it. With few exceptions (mainly the work on business cycle indicators), BEA's work is presented in the SURVEY OF CURRENT BUSINESS, either in full or summary form. The presentations of current estimates and analyses are usually on a regular schedule; this schedule is noted in each of the program-description sections that follow. For more information on BEA's programs, products, and services, write to the Public Information Office, BE-53, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0777.

1.1 Recorded Telephone Messages. Brief (3-5 minutes) recorded telephone messages summarizing key estimates immediately after their release. (See outside back cover for 1989 release dates.) The messages are available 24 hours a day for several days following release. The usual time of release (eastern standard or eastern daylight time) and the telephone numbers to call are:

Leading Indicators (8:30 a.m.) (202) 898-2450

The message is updated weekly, usually on Monday,

to include recently available component

data that will be incorporated into the next release.

Gross National Product (8:30 a.m.) -2451

Personal Income and Outlays

(10:00 a.m.) -2452

Merchandise Trade, Balance of Payments

Basis or U.S. International

Transactions (10:00 a.m.) -2453

The message summarizes the most recently released

of these two series.

1.2 Economic Bulletin Board. Online computer access to news releases and other information. BEA places an increasing range of its information on the Economic Bulletin Board (EBB) maintained by the Office of Business Analysis of the Department of Commerce. News releases are available on the Bulletin Board shortly after their release. (See outside back cover for 1989 release dates.) Selected estimates and articles (including those in this guide marked with an EBB following their title) are also available. The Bulletin Board may be accessed by personal computer, computer terminal, or word processor equipped with a modem; the information available on it--which includes information from several Federal agencies--may be either viewed on the user's screen or downloaded. The Bulletin Board is available by subscription from NTIS. A $25.00 registration fee covers 2 hours of connect time on the system; additional time is charged by the minute. Instant hook-up is available. For more information, call the Commerce Department's Office of Business Analysis at (202) 377-1986.

1.3 BEA Reports (EBB, news release). Five sets of reports that present the information contained in the BEA news releases for the following areas: Gross national product; personal income and outlays; regional reports; international reports; and composite indexes of leading, coincident, and lagging indicators. The reports contain summary estimates. All reports are available online through the EBB (see reference no. 1.2). The printed reports are mailed the day after estimates are released. Annual subscriptions to the printed reports may be ordered individually or for the group of five sets. Order information for the group of five sets is given below. For information on individual sets: Gross national product, see reference no. 2.1; personal income and outlays, see reference no. 2.2; regional reports, see reference no. 5.1; international reports, see reference no. 8.1; and composite indexes, see reference no. 11.1.

All Five Sets. Usually a total of 55 printed reports. Available from ESA/BEA: Accession No. BEA-19-S, price $110.00 per year.

1.4 Survey of Current Business (publication). A monthly journal containing estimates and analyses of U.S. economic activity. Includes the "Business Situation"--a review of current economic developments--and articles pertaining to the national, regional, and international economic accounts and related topics. A few of the articles that appeared in 1988 were "International Services: New Information on U.S. Transactions with Unaffiliated Foreigners," "State and Local Government Fiscal Position in 1987," "Pollution Abatement and Control Expenditures, 1983-86," "Gross State Product by Industry, 1963-86," and "Key Source Data and Assumptions for the Advance Estimates of GNP: Easier Access and Redesigned Format." "Looking Ahead," a box on the first page of each issue of the SURVEY OF CURRENT BUSINESS, highlights upcoming special articles, changes in the schedule for regular articles, and the availability of major BEA publications. (The June and December issues contain subject guides for the January--June and the January--December issues, respectively.) Current quarterly estimates of the national income and product accounts (see reference no. 2.A) appear every month. In addition, the journal contains 36 pages of tables (the S-pages) that present over 1,900 major economic series obtained from public and private sources. Available from GPO: List ID SCUB, price $18.00 per year (second class), $22.50 (foreign), or $46.00 (domestic first class); $6.50 single issue.

1.5 Advance Business Situation (EBB). The lead article in the SURVEY OF CURRENT BUSINESS presenting an analysis of the advance estimates of gross national product. The article is available four times each year (October, January, April, and July), 7-10 days after the advance gross national product release. Available online through the EBB (see reference no. 1.2).

1.6 S-page Data (EBB, diskette). Series shown in the S-pages (or blue pages) of the current issue of the SURVEY OF CURRENT BUSINESS. Updated monthly. Available online through the EBB (see reference no. 1.2). The diskettes are available from ESA/BEA on a subscription basis: Accession No. BEA CBA 87-401, price $200.00 per year.

1.7 Business Statistics: 1986 (publication). Monthly or quarterly data for 1983-86 and annual data for 1961-86 for series that appear in the S-pages (or blue pages) of the SURVEY OF CURRENT BUSINESS. These series include business sales, inventories, and orders; prices; employment and unemployment; construction; banking and finance; transportation; and many other industries and commodities. An appendix provides data for several BEA series--national income and product accounts, U.S. international transactions, and plant and equipment expenditures. Also contains definitions of terms, sources of data, and methods of compilation. (1988) Available from GPO: Stock No. 003-010-00181-0, price $16.00.

National Economics

BEA's national economics program encompasses the national income and product accounts, government transactions on a national income and product accounting basis, and the input-output accounts.

National income and product accounts

2.A The national income and product accounts (NIPA's)--the most widely used branch of the national economic accounts--show the value and composition of the Nation's output and the distribution of incomes generated in its production. The accounts include estimates of gross national product (GNP)--the market value of the Nation's output of goods and services--in current and constant dollars, GNP price measures, the goods and services that make up GNP in current and constant dollars, national income, personal income, and corporate profits. In addition, BEA produces specialized measures such as estimates of auto and truck output, gross domestic product of corporate business, housing output, and business inventories and sales. Measures of the inventory and fixed capital stocks consistent with the NIPA output measures are also provided. Further, the accounts provide a consistent framework within which estimates of special interest--such as expenditures to protect the environment--are prepared. (Information about the environmental estimates is provided in program description 12.A.)

The estimates of GNP are prepared each quarter in the following sequence: Advance estimates are released in the first month after the end of the quarter, and, as more detailed and comprehensive data become available, preliminary and final estimates are released in the second and third months, respectively. Estimates of personal income and outlays are prepared each month. The NIPA's are also revised in each of the following 3 years, usually in July, and in comprehensive (benchmark) revisions, usually every 5 years (most recently in 1985). Current quarterly and monthly estimates are reported in the SURVEY OF CURRENT BUSINESS; quarterly NIPA estimates appear in a set of 54 "selected" tables, and monthly personal income and outlays estimates are reported in the S-pages (or blue pages). The full set of annual revisions (132 tables) usually is reported in the July issue. Annual estimates of the fixed capital stock are reported in the August issue.

In addition to the current and historical estimates described in the entries that follow, a considerable amount of component detail (for example, purchases of private structures by type) and industry detail (for example, change in business inventories by industry) is available. For further information about this detail or about the listed computer tapes, printouts, and diskettes, write to the National Income and Wealth Division, BE-54, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0669. For specific questions, the following telephone numbers may be used:
 GNP (202) 523-0824
 Personal income and outlays -0832
 Corporate profits -0888
 Personal consumption expenditures -0819
 Gross private domestic investment -0791
 GNP by industry -0808


A recorded telephone message summarizing the latest GNP estimates is available by calling (202) 898-2451 (see reference no. 1.1). A recorded message summarizing the latest personal income and outlays estimates is available at (202) 898-2452.

Current estimates:

2.1 BEA Reports: Gross National Product (EBB, news release). Monthly reports with summary NIPA estimates that feature GNP and corporate profits. Reports are available online through the EBB (see reference no. 1.2). Printed reports are mailed the day after estimates are released. (This set of reports is included in the five sets of BEA Reports; see reference no. 1.3.) The gross national product printed reports are available from ESA/BEA on a subscription basis: Accession No. BEA-15-S, price $24.00 per year.

2.2 BEA Reports: Personal Income and Outlays (EBB, news release). Monthly reports with summary NIPA estimates that feature personal income and outlays. Reports are available online through the EBB (see reference no. 1.2). Printed reports are mailed the day after estimates are released. (This set of reports is included in the five sets of BEA Reports; see reference no. 1.3.) The personal income and outlays printed reports are available from ESA/BEA on a subscription basis: Accession No. BEA-14-S, price $24.00 per year.

2.3 Monthly Advance National Income and Product Accounts Tables (EBB, diskette, or printout). NIPA estimates as they appear in the current issue of the SURVEY OF CURRENT BUSINESS. Updated monthly. Available online through the EBB (see reference no. 1.2). Diskettes and printouts are available 1 day after the release of GNP and are available from ESA/BEA on a subscription basis: Diskette--Accession No. BEA NIW 85-401, price $200.00 per year. Printout--Accession No. BEA NIW 83-201, price $100.00 per year.

2.4 Key Source Data and Assumptions (EBB, printed table). Available source data and assumptions for missing source data that are used to prepare the advance estimates of GNP. Available in January, April, July, and October. Available online through the EBB (see reference no. 1.2). Annual subscriptions for the printed table begin in January and are available from ESA/BEA: Accession No. BEA NIW 84-209, price $20.00 per year.

Historical estimates:

2.5 National Income and Product Accounts (diskette). Most NIPA tables with estimates from 1929 to the present. Availabel from ESA/BEA: Accession No. BEA NIW 86-424, price $480.00 (24 diskettes). (Diskettes can be ordered individually; for information, write or call the National Income and Wealth Division.)

2.6 National Income and Product Accounts (computer tape). The full set of NIPA tables with estimates from 1929 to the present. Available from ESA/BEA: Accession No. BEA NIW 83-001, price $100.00.

2.7 The National Income and Product Accounts of the United States, 1929-82: Statistical Tables (publication). The full set of NIPA tables. Also includes a selected bibliography and the definitions and classifications underlying the NIPA's. (1986) Available from GPO: Stock No. 003-010-00174-7, price $23.00. Recent information related to the NIPA's:

2.8 Index of Items Appearing in the National Income and Product Accounts Tables (publication). An index to the NIPA tables with listings by general subject area as well as by detailed series. First appeared in July 1987 SURVEY OF CURRENT BUSINESS. (1987) Available from GPO: Stock No. 003-010-00180-1, price $1.25.

2.9 National Income and Product Accounts Estimates: When They Are Released, Where They Are Available, How They Are Presented (reprint). A guide to assist users in locating NIPA estimates and to explain some of the conventions used in their presentation. First appeared in January 1988 SURVEY OF CURRENT BUSINESS. (1988) Available upon request from the National Income and Wealth Division.

Methodology Papers (publications). A series of papers that documents the conceptual framework of the NIPA's and the methodology used to prepare the estimates. To date, five papers are available. (Papers on personal consumption expenditures and gross private fixed domestic investment will be completed next. Their availability will be announced in the SURVEY OF CURRENT BUSINESS.)

2.10 An Introduction to National Economic Accounting (NIPA Methodology Paper No. 1). An introduction to the concepts of the U.S. NIPA's that places these accounts within the larger framework of national economic accounting. Shows the step-by-step derivation of a general national economic accounting system from the conventional accounting statements used by business and government and inferred for other transactors. Also shows how the income and product accounts, the capital finance accounts, and the input-output accounts--the major branches of national economic accounting in the United States today--are derived from this general system. First appeared in March 1985 SURVEY OF CURRENT BUSINESS. (1985) Available from GPO: Stock No. 003-010-00158-5, price $1.25.

2.11 Corporate Profits: Profits Before Tax, Profits Tax Liability, and Dividends (NIPA Methodology Paper No. 2). A description of the concepts, sources, and methods of the corporate profits components of the NIPA's. (1985) Available from GPO: Stock No. 003-010-00143-7, price $2.50.

2.12 Foreign Transactions (NIPA Methodology Paper No. 3). A description of the preparation of estimates in the NIPA's of net exports (both current-and constant-dollar), transfer payments to foreigners, capital grants received by the United States, interest paid by Government to foreigners, and net foreign investment. Also describes the relationship between foreign transactions estimates in the NIPA's and those in the balance of payments accounts. (1987) Available from GPO: Stock No. 003-010-00178-0, price $2.75.

2.13 GNP: An Overview of Source Data and Estimating Methods (NIPA Methodology Paper No. 4). Basic information about GNP, including the conceptual basis for the account that presents GNP, definitions of each of the components on the income and product sides of that account, and a summary, presented in tabular form, of the source data and methods used in preparing estimates of current-and constant-dollar GNP. Also provides an annotated bibliography, with a directory, of the more than 50 items over the last decade that provided methodological information about GNP. First appeared in July 1987 SURVEY OF CURRENT BUSINESS. (1987) Available from GPO: Stock No. 003-010-00179-8, price $2.00.

2.14 Government Transactions (NIPA Methodology Paper No. 5). Presents the conceptual basis and framework of government transactions in the national income and product accounts, describes the presentation of the estimates, and details the sources and methods used to prepare estimates of Federal transactions and of State and local transactions. (1988) Available from GPO: Stock No. 003-010-00187-9, price $5.50.

2.15 Evaluation of the GNP Estimates (reprint). An evaluation of the GNP estimates, covering the reliability of estimates, sources of error and types of statistical improvement, status of source data, documentation of methodology, release schedules, and security before release. This article first appeared in August 1987 SURVEY OF CURRENT BUSINESS. (1987) Available from ESA/BEA: Accession No. BEA CBA 88-101, price $5.00.

2.16 The Use of National Income and Product Accounts for Public Policy: Our Successes and Failures (BEA Staff Paper No. 43). An evaluation using two indirect approaches. The first reviews the "accuracy" of the estimates, using the size of revisions to GNP estimates as an indicator. The second reviews users' recommendations drawn from publications issued over the last 30 years. (1985) Available from ESA/BEA: Accession No. BEA CBA 86-101, price $1.25.

2.17 The Underground Economy: An Introduction (reprint). A discussion of the coverage, measurement methods, and implications of the underground economy. Part of the discussion features the relation between the NIPA's and the underground economy--illegal activities in the context of the NIPA's, three sets of NIPA estimates sometimes misunderstood as being measures of the underground economy, and the effect on NIPA estimates of possible misreporting in source data due to the underground economy. (1984) This reprint contains both items 2.17 and 2.18. Available from ESA/BEA: Accession No. BEA CBA 84-101, price $5.00.

2.18 Improved Adjustments for Misreporting of Tax Return Information Used to Estimate the National Income and Product Accounts, 1977 (reprint). A description of the use of tax return information in the NIPA's and the methodology used to prepare the improved adjustments that were subsequently incorporated in the 1985 comprehensive revision. (1984) This reprint contains both items 2.17 and 2.18. Available from ESA/BEA: Accession No. BEA CBA 84-101, price $5.00.

2.19 Wealth (computer tape). Annual estimates through 1988 of gross and net stocks, depreciation, and discards for fixed nonresidential private and residential capital, durable goods owned by consumers, and fixed capital owned by governments. For fixed private capital, contains estimates by each NIPA type of equipment and structures starting in 1925. For fixed private capital, also contains estimates of total equipment, total structures, and the total of equipment and structures owned by each two-digit SIC establishment-based industry starting in 1947. For durable goods owned by consumers, contains estimates by each NIPA type of goods starting in 1925. For fixed capital owned by governments, contains estimates by each NIPA type of equipment and structures, separately for the Federal Government and for State and local governments, starting in 1925. The estimates are in historical-cost, constant-cost, and current-cost valuations. Also includes stock series similar to those used by the Bureau of Labor Statistics to derive measures of capital input for multifactor productivity studies. The investment series through 1988 used to derive all of these estimates are also included, in the same detail as the stock estimates, in historical-cost and constant-cost valuations. Updated annually. Available from ESA/BEA: Accession No. BEA NIW 88-001, price $100.00.

2.20 Detailed Investment by Industry (computer tape). Annual estimates through 1987 of investment owned by each two-digit SIC establishment-based industry, separately for each detailed NIPA type of equipment and structures. (The Wealth tape in item 2.19 also includes investment series for each industry, but only for total equipment, total structures, and the total of equipment and structures.) The estimates are in historical-cost and constant-cost valuations. Updated annually. Available from ESA/BEA: Accession No. BEA NIW 87-002, price $100.00.

2.21 Fixed Reproducible Tangible Wealth in the United States, 1925-85 (publication). Annual estimates of the stock of privately owned and government-owned durable equipment and structures and of durable goods owned by consumers for 1925-85. Estimates are for fixed nonresidential private capital by major industry group (farm, manufacturing, and nonfarm nonmanufacturing), for residential capital by tenure group (owner-occupied and tenant-occupied), for government-owned fixed capital by type of government (Federal, and State and local), and for 11 types of durable goods owned by consumers. (1987) Available from GPO: Stock No. 003-010-00177-1, price $18.00.

2.22 Dollar Measures of Energy Production and Consumption in the United States, 1972-82 (BEA Working Paper No. 5). Presents a new set of accounts for measuring energy production and consumption and describes the methodology of the new accounts. Pulls together energy data from a wide variety of sources and organizes the data in the framework of the national income and product accounts. (1987) Available from ESA/BEA: Accession No. BEA CBA 87-101, price $10.00.

Government transactions

3.A BEA's estimates of government receipts, expenditures, and surplus or deficit are on a national income and product accounting basis. The estimates are prepared separately for Federal and for State and local governments on the same schedule as described for the NIPA's. Reconciliations of the Federal sector on a NIPA basis and the unified budget prepared by the Office of Management and Budget are the basis for an article in the SURVEY OF CURRENT BUSINESS, usually in February, about Federal fiscal programs for the next fiscal year and for detailed tables in the July issue. These reconciliations, and more specialized work such as described in the papers that follow, facilitate analysis of the effects of government fiscal policies on the economy. An article on the fiscal position of State and local governments is usually published in February. For further information, write to the Government Division, BE-57, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0715. For specific questions, the following telephone numbers may be used:
 Federal (202) 523-0744
 State and local -0725
 National defense -5017


3.1 Government Transactions (NIPA Methodology Paper No. 5). Presents the conceptual basis and framework of government transactions in the national income and product accounts, describes the presentation of the estimates, and details the sources and methods used to prepare estimates of Federal transactions and of State and local transactions. (1988) Available from GPO: Stock No. 003-010-00187-9, price $5.50.

3.2 Cyclical Adjustment of the Federal Budget and Federal Debt: Updated Detailed Methodology and Estimates (BEA Staff Paper No. 45). Description of the models that BEA uses to estimate the cyclically adjusted Federal budget and inflation-induced changes in the cyclically adjusted budget. The quarterly data for the variables in the models and the regression equations underlying the coefficients are presented. The paper also discusses the cyclical adjustment of Federal debt and shows some results. (1986) Available from NTIS: Accession No. PB87-157376, price $21.95 (paper copy), $6.95 (microfiche).

3.3 Price Changes of Defense Purchases of the United States (publication). Annual and quarterly estimates of purchases that were the result of a project undertaken in cooperation with the Department of Defense. Provides five major product groupings in current and constant dollars for 1972-77, along with estimates of implicit price deflators for these groupings and for greater detail. Also contains a conceptual framework and methodology used in preparing these estimates. (1979) Available from NTIS: Accession No. PB80--217359, price $21.95 (paper copy), $6.95 (microfiche).

Input-output accounts

4.A Input-output accounts for the United States show how industries interact--providing input to, and taking output from, each other--to produce the GNP. Benchmark tables, based largely on the economic censuses, are prepared every 5 years; the latest benchmark table is for 1977, and the next (which will be available in late 1989 or early 1990) will be for 1982. Annual tables are prepared using basically the same procedures as used for the benchmark tables, but with less comprehensive and less reliable source data. (An annual 85-industry 1983 input-output table based on the 1977 benchmark table was published in the February 1989 SURVEY OF CURRENT BUSINESS.) Associated tables showing capital flows from producing to using industries and employment and employee compensation by industry are also prepared. The computer tapes, diskettes, and printouts listed below are for the tables at the 85-industry level; more detailed tables are also available. For further information about this detail or about the listed computer tapes, diskettes, and printouts, write to the Interindustry Economics Division, BE-51, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0792. For specific questions, the following telephone numbers may be used:
 Benchmark tables (202) 523-0683
 Annual tables -0867
 Methodology -0683
 Computer tapes -0792


4.1 Annual 85-Industry Input-Output Tables Based on the 1977 Benchmark Input-Output Study: 1983 Summary Input-Output Tables (computer tape, diskette, and printout). Five tables: (1) Use table, (2) make table, (3) commodity-by-industry direct requirements table, (4) commodity-by-commodity total requirements table, and (5) industry-by-commodity total requirements table. Available from ESA/BEA: Computer tape--Accession No. BEA IED 89-001, price $100.00. Diskette--Accession No. BEA IED 89-401, price $40.00 (two diskettes). (Diskettes can be ordered individually; for information, write or call the Interindustry Economics Division.) Printout--Accession No. BEA IED 89-201, price $55.00. (Printouts can be ordered individually; for information, write or call the Interindustry Economics Division.)

4.2 Annual 85-Industry Input-Output Tables Based on the 1977 Benchmark Input-Output Study: 1982 Summary Input-Output Tables (computer tape, diskette, and printout). Five tables: (1) Use table, (2) make table, (3) commodity-by-industry direct requirements table, (4) commodity-by-commodity total requirements table, and (5) industry-by-commodity total requirements table. Available from ESA/BEA: Computer tape--Accession No. BEA IED 88-001, price $100.00. Diskette--Accession No. BEA IED 88-401, price $40.00 (two diskettes). (Diskettes can be ordered individually; for information, write or call the Interindustry Economics Division.) Printout--Accession No. BEA IED 88-201, price $55.00 (Printouts can be ordered individually; for information, write or call the Interindustry Economics Division.)

4.3 Annual 85-Industry Input-Output Tables Based on the 1977 Benchmark Input-Output Study: 1981 Summary Input-Output Tables (computer tape, diskette, and printout). Five tables: (1) Use table, (2) make table, (3) commodity-by-industry direct requirements table, (4) commodity-by-commodity total requirements table, and (5) industry-by-commodity total requirements table. Available from ESA/BEA: Computer tape--Accession No. BEA IED 87-003, price $100.00. Diskette--Accession No. BEA IED 87-409, price $40.00 (two diskettes). (Diskettes can be ordered individually; for information, write or call the Interindustry Economics Division.) Printout--Accession No. BEA IED 87-218, price $55.00. (Printouts can be ordered individually; for information, write or call the Interindustry Economics Division.)

4.4 Annual 85-Industry Input-Output Tables Based on the 1977 Benchmark Input-Output Study: 1980 (Revised) Summary Input-Output Tables (computer tape, diskette, and printout). Five tables: (1) Use table, (2) make table, (3) commodity-by-industry direct requirements table, (4) commodity-by-commodity total requirements table, and (5) industry-by-commodity total requirements table. Available from ESA/BEA: Computer tape--Accession No. BEA IED 87-002, price $100.00. Diskette--Accession No. BEA IED 87-406, price $40.00 (two diskettes). (Diskettes can be ordered individually; for information, write or call the Interindustry Economics Division.) Printout--Accession No. BEA IED 87-212, price $55.00. (Printouts can be ordered individually; for information, write or call the Interindustry Economics Division.)

4.5 The Input-Output Structure of the U.S. Economy, 1977 (reprint). An explanation of the concepts, conventions, definitions, and uses of the 1977 input-output tables. Includes the input-output tables at the 85-industry level as published in the May 1984 SURVEY OF CURRENT BUSINESS; the tables have since been revised (see the next item). Also includes an extensive bibliography of BEA publications relating to input-output. (1984) Available from ESA/BEA: Accession No. BEA IED 84-101, price $5.00.

4.6 1977 (Revised) 85-Industry Input-Output Tables (computer tape, diskette, and printout). Five tables: (1) Use table, (2) make table, (3) commodity-by-industry direct requirements table, (4) commodity-by-commodity total requirements table, and (5) industry-by-commodity total requirements table. The revised input-output tables reflect the statistical changes and the changes in definition and classification incorporated in the 1985 comprehensive revision of the national income and product accounts. Available from ESA/BEA: Computer tape--Accession No. BEA IED 87-001, price $100.00. Diskette--Accession No. BEA IED 87-403, price $40.00 (two diskettes). (Diskettes can be ordered individually; for information, write or call the Interindustry Economics Division.) Printout--Accession No. BEA IED 87-206, price $55.00. (Printouts can be ordered individually; for information, write or call the Interindustry Economics Division.)

Regional Economics

BEA's regional economics program provides estimates, analyses, and projections by region, State, metropolitan statistical area, and county.

5.1 BEA Reports: Regional Reports (EBB, news release). Reports (usually six a year) with summary estimates of State personal income (quarterly and annual) and of county and metropolitan area personal income (annual). Reports are available online through the EBB (see reference no. 1.2). (The EBB carries, in addition to the news release, estimates of personal income and wages by State and by industry.) Printed reports are mailed the day after estimates are released. (This set of reports is included in the five sets of BEA Reports; see reference no. 1.3.) These printed reports are available from ESA/BEA on a subscription basis: Accession No. BEA-17-S, price $12.00 per year.

Regional estimates

6.A Current quarterly State personal income estimates are reported in the January, April, July, and October issues of the SURVEY OF CURRENT BUSINESS. Preliminary annual State estimates for the preceding year are usually reported in April; revised annual estimates are usually reported in August. The August estimates are subsequently revised to incorporate newly available data used to prepare the local area estimates. These revised State estimates are usually reported the following April together with consistent local area estimates.

Through the Regional Economic Information System, the following data sets are available: Quarterly and annual State personal income and wage and salary disbursements; annual State disposable personal income and personal tax and nontax payments; annual State full-and part-time wage and salary employment; annual State and county personal income, transfer payments, and farm income and expenses; and annual State and county full-and part-time total employment. The system includes an information retrieval service that provides a variety of analytical tabulations for counties and specified combinations of counties. All of the tabulations are available in several media.

BEA also makes its regional estimates available through the BEA User Group, members of which include State agencies, universities, and Census Bureau Primary State Data Centers. BEA provides its estimates of income and employment for all States and counties to these organizations with the understanding that they will make the estimates readily available.

For further information, write to the Regional Economic Measurement Division, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0966. For specific questions, the following telephone numbers may be used:
 Quarterly State personal income (202) 523-0911
 Wage and salary income and employment -0945
 Proprietors' income and employment -0937


6.1 Local Area Personal Income, 1981-86(1) (publication). Personal income by major type of payment and earnings by major industry, population, and total and per capita personal income for States, counties, and metropolitan areas. (Estimates are available from BEA on computer tape, diskette, microfiche, and printout.) (1988) Publication available from GPO.

Volume 1. Summary: Regions, States, and Metropolitan Areas. Estimates for the United States, regions, States, and metropolitan areas. Also contains county definitions of metropolitan areas, a detailed description of sources and methods, and samples of tables available. GPO Stock No. 003-010-00182-3, price $13.00.

Each of the following volumes provides a methodology and estimates for the listed States and their counties and metropolitan areas.

Volume 2. New England, Mideast, and Great Lakes Regions. (Connecticut, Delaware, District of Columbia, Illinois, Indiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and Wisconsin) GPO Stock No. 003-010-00183-6, price $14.00.

Volume 3. Plains Region. (Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota) GPO Stock No. 003-010-00184-4, price $11.00.

Volume 4. Southeast Region. (Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia) GPO Stock No. 003-010-00185-2, price $16.00.

Volume 5. Southwest, Rocky Mountain, and Far West Regions and Alaska and Hawaii. (Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington, and Wyoming) GPO Stock No. 003-010-00186-1, price $14.00.

6.2 State Personal Income: Estimates for 1929-87 and a Statement of Sources and Methods (publication). (1.) Revised 1985-86 estimates and 1987 estimates of county and metropolitan area personal income will be available in May 1989 from the Regional Economic Measurement Division. Estimates of total and per capita personal income will be available in May online through the EBB (see reference no. 1.2). The Local Area Personal Income, 1982-87 5-volume publication will be available in the summer of 1989. Ordering information, when available, will be published in the SURVEY OF CURRENT BUSINESS. Estimates of annual personal income and disposable personal income, total and per capita, for 1929-87 and 1948-87, respectively; annual personal income by major type of payment and earnings by industry for 1929-87; and quarterly total personal income for 1969-88. The estimates are for each State, eight BEA regions, and the United States. A comprehensive statement of sources and methods used for estimating State personal income is provided. Availability of the publication, probably in summer 1989, will be announced in the SURVEY OF CURRENT BUSINESS. (Estimates will be available from BEA in several media in May 1989.)

Regional analyses and projections

7.A BEA prepares analyses to identify and measure factors that determine area differences in total and per capita income and in industry employment and output. Long-term projections of personal income, employment, and earnings by industry are prepared every 5 years for all States and metropolitan areas and for selected States and areas in other years. BEA maintains mid-term regional econometric models to forecast annual changes in economic activity and to analyze the impacts of projects and programs. In conjunction with the projections work, BEA has developed estimates of gross state product. These estimates, prepared by industry, supplement the estimates of personal income described in program description 6.A. For further information, write to the Regional Economic Analysis Division, BE-61, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0946. For specific questions, the following telephone numbers may be used:
 OBERS regional projections (202) 523-0971
 NRIES II regional projections (mid-term) -9212
 Regional input-output multipliers -9213
 Gross state product by industry -9180


7.1 Gross State Product, Annual Estimates, 1963-86 (computer tape, diskette). These estimates are the counterpart of gross domestic product and provide the most comprehensive measure of State production now available. Gross state product is measured in current dollars as the sum of four components for each industry: Compensation of employees; proprietors' income with inventory valuation adjustment and capital consumption allowances; indirect business tax and nontax liability; and other, mainly capital-related, charges. The estimates are for the 50 States, nine BEA regions, and the United States and for 61 industries. Estimates are in current and constant dollars. These estimates were originally published in the May 1988 SURVEY OF CURRENT BUSINESS, with errata on page 37 of the October 1988 SURVEY. (1988) Available from ESA/BEA: Computer tape--Accession No. BEA REA 88-401, price $100.00. Diskettes--A diskette for a region contains estimates for the United States, the BEA region, and each State of the region. (The Southeast region, on two diskettes, costs $40.00.)
 Area Accession No. Price
 New England BEA REA 88-402 $20.00
 Mideast BEA REA 88-403 $20.00
 Great Lakes BEA REA 88-404 $20.00
 Plains BEA REA 88-405 $20.00
 Southeast (AL-LA) BEA REA 88-406 $20.00
 Southeast (MS-WV) BEA REA 88-407 $20.00
 Southwest BEA REA 88-408 $20.00
 Rocky Mountain BEA REA 88-409 $20.00


Far West (plus AK

and HI) BEA REA 88-410 $20.00

7.2 Experimental Estimates of Gross State Product by Industry (BEA Staff Paper No. 42). A description of the issues and methodology for preparing estimates of gross state product--the State equivalent of GDP. The estimates are consistent with BEA's State personal income and with GNP by industry. Estimates for 1963, 1967, 1972, and 1977 are presented. (These estimates were superseded; see item description 7.1) (1985) Available from NTIS: Accession No. PB85-240885, price $21.95 (paper copy), $6.95 (microfiche).

7.3 Regional Multipliers: A User Handbook for the Regional Input-Output Modeling System (RIMS II) (publication). An explanation of how to use regional input-output multipliers, by industry, for output, earnings, and employment. Includes information on how to perform systematic analyses of the regional economic impacts of projects and programs. Also contains multipliers for all States from RIMS II, sample tables of input-output multipliers, and hypothetical case studies. (1986) Available from GPO: Stock No. 003-010-00163-1, price $6.50.

7.4 1985 OBERS BEA Regional Projections (two volumes). Estimates for 1969, 1973, 1978, and 1983, and projections for 1990, 1995, 2000, 2005, 2015, and 2035 for total personal income, population, per capita personal income, and employment and earnings by industry for the United States, States, and metropolitan statistical areas. (1985)

Volume 1. State Projections to 2035. Available from NTIS: Accession No. PB86-124526, price $21.95 (paper copy), $6.95 (microfiche).

Volume 2. Metropolitan Statistical Area Projections to 2035. Available from GPO: Stock No. 003-010-00159-3, price $12.00.

International Economics

BEA's international economics program encompasses the international transactions accounts (balance of payments) and the direct investment estimates. The international transactions accounts, which measure U.S. transactions with foreign countries, include merchandise trade, trade in services, the current-account balance, and capital transactions. The direct investment estimates cover estimates of U.S. direct investment abroad and foreign direct investment in the United States, income and other flows associated with these investments, and other aspects of the operations of multinational enterprises.

8.1 BEA Reports: International Reports (EBB, news release). Reports (usually 13 a year) with summary estimates of merchandise trade, balance of payments basis (quarterly); summary of international transactions (quarterly); international investment position (annual); capital spending by majority-owned foreign affiliates (semiannual); direct investment (annual); and related topics. Reports are available online through the EBB (see reference no. 1.2). Printed reports are mailed the day after estimates are released. (This set of reports is included in the five sets of BEA Reports; see reference no. 1.3). These printed reports are available from ESA/BEA on a subscription basis: Accession No. BEA-18-S, price $26.00 per year.

U.S. international transactions

9.A The international transactions accounts provide a detailed and comprehensive view of economic transactions between the United States and foreign countries. The accounts include estimates of merchandise exports and imports; travel, transportation, and other services; foreign aid; and private and official capital flows, including direct investment. (Information about direct investment and international services is provided in program description 10.A.) Current estimates, including estimates of merchandise trade on a balance of payments basis, are reported in the March, June, September, and December issues of the SURVEY OF CURRENT BUSINESS. Estimates include detail for the current and capital accounts, classified by type of transaction and by area. Each June, these estimates are revised back 4 years. Estimates of the international investment position of the United States appear in June. International travel estimates usually appear in May or June. For further information, write to the Balance of Payments Division, BE-58, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0620. For specific questions, the following telephone numbers may be used:
 Current-account analysis (202) 523-0621
 Current-account estimates -0625
 Merchandise trade -0668
 Capital-account transactions -0603
 Government transactions -0614


A recorded telephone message summarizing key estimates of merchandise trade or U.S. international transactions, whichever is the most recent release, is available at (202) 898-2453 (see reference no. 1.1).

9.1 U.S. Merchandise Trade Data (printout, diskette). Seasonally adjusted and unadjusted exports and imports for the end-use categories used by BEA to derive trade totals on a Census basis. Series begin in 1979. Updated monthly or quarterly. Available from ESA/BEA on a subscription basis: U.S. Merchandise Trade Data, Monthly.

Printout--Accession No. BEA BPD 86-201, price $100.00 per year.

Diskette--Accession No. BEA BPD 86-401, price $200.00 per year. U.S. Merchandise Trade Data, Quarterly. Also includes, on a balance of payments basis, exports of agricultural products, nonagricultural products, and nonmonetary gold, and imports of petroleum and products, nonpetroleum products, and nonmonetary gold.

Printout--Accession No. BEA BPD 86-202, price $40.00 per year.

Diskette--Accession No. BEA BPD 86-402, price $80.00 per year.

9.2 U.S. Merchandise Trade: Exports and Imports by End-Use Category, Monthly (computer tape). Monthly end-use detail (not seasonally adjusted) on a Census basis for exports and imports for 70 countries and areas. Series begin in 1978. Updated monthly. Available from ESA/BEA: U.S. Merchandise Exports, Monthly. Accession No. BEA BPD 86-001, price $100.00. U.S. Merchandise Imports, Monthly. Accession No. BEA BPD 86-002, price $100.00.

9.3 U.S. Merchandise Trade: Exports and Imports by End-Use Category, Quarterly (computer tape). Quarterly end-use detail (not seasonally adjusted) on a Census basis for exports and imports for 70 countries and areas. Series begin in 1978. Updated quarterly. Available from ESA/BEA: U.S. Merchandise Exports, Quarterly. Accession No. BEA BPD 86-003, price $100.00. U.S. Merchandise Imports, Quarterly. Accession No. BEA BPD 86-004, price $100.00.

9.4 U.S. Merchandise Trade: Exports and Imports by End-Use Category, Annually (computer tape, printout). Annual end-use detail on a Census basis for exports and imports for 70 countries and areas. Series begin in 1978. Updated annually. Available from ESA/BEA: U.S. Merchandise Exports, Annually.

Computer tape--Accession No. BEA BPD 86-005, price $100.00

Printout--Accession No. BEA BPD 86-103, price $55.00 U.S. Merchandise Imports, Annually.

Computer tape--Accession No. BEA BPD 86-006, price $100.00

Printout--Accession No. BEA BPD 86-104, price $55.00

9.5 Status Report on Statistical and Methodological Improvements in the U.S. Balance of Payments Statistics (BEA Working Paper No. 6). Reviews major problems, such as timing and coverage, in the balance of payments accounts; describes statistical and methodological improvements BEA has undertaken to resolve some of the problems; and discusses projects for future improvements. (1988) Available from ESA/BEA; Accession No. BEA OD 88-001, price $5.00. NOTE.--For a discussion of the relationship between foreign transactions estimates in the balance of payments accounts and those in the national income and product accounts, see reference no. 2.12.

Direct investment and international services

10.A BEA conducts quarterly, annual, and benchmark surveys of U.S. direct investment abroad and of foreign direct investment in the United States. The information collected relates to the direct investment position and flows of capital, income, royalties and license fees, and other service charges between parent companies and affiliates; capital expenditures by majority-owned foreign affiliates of U.S. companies; the financial structure and operations of U.S. parent companies and their foreign affiliates; the financial structure and operations of U.S. affiliates of foreign companies; and U.S. business enterprises acquired or established by foreign direct investors. The information on the annual and quarterly surveys usually appears in the SURVEY OF CURRENT BUSINESS on the following schedule: Foreign direct investment in the United States: . The position and balance of payments flows, in June, with additional detail in August. . Operations of U.S. affiliates of foreign companies, in May. . U.S. business enterprises acquired or established by foreign direct investors, in May. U.S. direct investment abroad: . The position and balance of payments flows, in June, with additional detail in August. . Operations of U.S. parent companies and their foreign affiliates, in June. . Capital expenditures by majority-owned foreign affiliates of U.S. companies, in March and September.

BEA is expanding and improving the information it provides on U.S. international trade and investment in services. (For a description of the major elements of this program, see part I of "U.S. Sales of Services of Foreigners" in the January 1987 SURVEY OF CURRENT BUSINESS.) Information on sales of services by U.S. parents and their foreign affiliates is collected as part of the annual survey on their financial structure and operations. BEA has completed a benchmark survey and is conducting an annual follow-on survey on selected U.S. services transactions with unaffiliated foreign persons (see reference no. 10.8).

For further information on direct investment and international services, write to the International Investment Division, BE-50, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0659. For specific questions, the following telephone numbers may be used:

Foreign direct investment in the United
 States (202) 523-0640
 International services -0646


Operations of U.S. parent companies and

their foreign affiliates -0649

Operations of U.S. affiliates of foreign
 companies -0650
 U.S. direct investment abroad -0649


10.1 Foreign Direct Investment in the United States: Operations of U.S. Affiliates of Foreign Companies (publication diskette). The results of BEA's annual survey of foreign direct investment in the United States. Contains information on the financial structure and operations of nonbank U.S. affiliates of foreign direct investors. Data are classified by industry of U.S. affiliate, by country and industry of ultimate beneficial owner, and, for selected data, by State. Updated annually. Available from ESA/BEA: Foreign Direct Investment in the United States: Operations of U.S. Affiliates of Foreign Companies, Preliminary 1986 Estimates. (1988)

Publication--Accession No. BEA IID 88-102, price $5.00.

Diskette--Accession No. BEA IID 88-402, price $40.00 (two diskette). Foreign Direct Investment in the United States: Operations of U.S. Affiliates of Foreign Companies, Revised 1985 Estimates. (1988)

Publication--Accession No. BEA IID 88-101, price $5.00.

Diskette--Accession No. BEA IID 88-401, price $40.00 (two diskette).

10.2 Foreign Direct Investment in the United States: Direct Investment Position and Related Capital and Income Flows, 1980-87 (computer tape). Annual estimates of the foreign direct investment position in the United States and selected capital and income flows between U.S. affiliates and their foreign parent companies. Estimates are for 32 countries by 16 industries. Available from ESA/BEA: Accession No. BEA IID 80-002, price $100.00.

10.3 Foreign Direct Investment in the United States, 1980 (publication). The results of BEA's 1980 benchmark survey of foreign direct investment in the United States. Contains information on the financial structure and operations of the U.S. affiliates of foreign direct investors in 1980. Data are classified by industry of U.S. affiliate, by country and industry of foreign parent or ultimate beneficial owner, and, for selected data, by State. Also contains a complete methodology for foreign direct investment in the United States and copies of the survey forms and instructions. (1983) Available from ESA/BEA: Accession No. BEA IID 83-101, price $10.00.

10.4 U.S. Direct Investment Abroad: Operations of U.S. Parent Companies and Their Foreign Affiliates (publication, diskette). Results of BEA's annual survey of the worldwide operations of U.S. multinational companies. Contains information on the financial structure and operations of both U.S. parent companies and their foreign affiliates. Data are classified by country and industry of foreign affiliate and by industry of U.S. parent. Updated annually. Available from ESA/BEA: U.S. Direct Investment Abroad: Operations of U.S. Parent Companies and Their Foreign Affiliates, Preliminary 1986 Estimates (1988)

Publication--Accession No. BEA IID 88-104, price $5.00.

Diskette--Accession No. BEA IID 88-404, price $80.00 (four diskette). U.S. Direct Investment Abroad: Operations of U.S. Parent Companies and Their Foreign Affiliates, Revised 1985 Estimates (1988)

Publication--Accession No. BEA IID 88-103, price $5.00.

Diskette--Accession No. BEA IID 88-403, price $80.00 (four diskette).

10.5 U.S. Direct Investment Abroad: Balance of Payments and Direct Investment Position Estimates, 1977-81 (publication). Contains revised estimates of the U.S. direct investment position abroad and balance of payments transactions between U.S. parent companies and their foreign affiliates for 1977-81. Includes estimates by country and industry of foreign affiliate. (1987) Available from ESA/BEA: Accession No. BEA IID 86-150, price $5.00.

10.6 U.S. Direct Investment Abroad, Country by Industry Estimates, 1950-87 (computer tape). Annual estimates of the U.S. direct investment position abroad and of selected capital and income flows between U.S. parent companies and their foreign affiliates. Estimates are for 56 countries by 7 industries for 1950-65, 56 countries by 14 industries for 1966-76, 76 countries by 15 industries for 1977-81, and 80 countries by 15 industries for 1982-88. Available from ESA/BEA: Accession No. BEA IID 50-002, price $100.00.

10.7 U.S. Direct Investment Abroad: 1982 Benchmark Survey Data (publication, computer tape). Results of BEA's latest benchmark survey of over 2,000 U.S. multinational companies and their 17,000 foreign affiliates. Presents a detailed account of U.S. direct investment abroad in 1982, including data on balance sheets; income statements; employment; employee compensation; U.S. merchandise trade; sales of goods and services; research and development expenditures; property, plant, and equipment; and taxes. Data are classified by country and industry of affiliate and industry of U.S. parent. (1985)

Publication--Available from ESA/BEA: Accession No. BEA IID 85-102, price $18.00.

Computer tape--Available from ESA/BEA: Accession No. BEA IID 86-001, price $100.00.

10.8 International Services: New Information on U.S. Transactions With Unaffiliated Foreigners (reprint). A presentation of the results of a new BEA benchmark survey of selected U.S. international services transactions. This article first appeared in the October 1988 SURVEY OF CURRENT BUSINESS. (1988) Available upon request from the International Investment Division.

10.9 U.S. International Trade and Investment in Services: Data Needs and Availability (BEA Staff Paper No. 41). A description and evaluation of available BEA data on U.S. international trade and investment in services. Includes a discussion of efforts by BEA to improve its data and suggestions for further improvements. (1984) Available from NTIS: Accession No. PB85-117521, price $15.95 (paper copy), $6.95 (microfiche).

Other Tools for Measuring, Analyzing, and

Forecasting

BEA's work on economic accounts is supplemented by various other tools for measuring, analyzing, and forecasting economic developments. These include a system of business cycle indicators and a set of estimates relating to the environment.

Business cycle indicators

11.A BEA maintains a system of indicators to track business cycles. The system features the composite indexes of leading, coincident, and lagging indicators. The composite indexes were revised as of the release of January 1989 data in March 1989. The revision incorporated changes in components, changes in methodology for computing the indexes, and updated statistical factors and historical revisions in data. (An article presenting the revision appeared in the January 1989 issues of the SURVEY OF CURRENT BUSINESS and the Business Conditions Digest.) The data base includes series classified as cyclical indicators (because they conform well to broad fluctuations in economic activity), as well as other series useful in interpreting the economic situation and outlook. Each month a preliminary value of the composite indexes for the latest month and the revised values for the 5 preceding months are released. Once a year, in the fall, the composite indexes are recalculated to incorporate historical revisions in component data. The monthly Business Conditions Digest, described below, is devoted to the presentation of this system. Summary information on the composite indexes appears in the SURVEY OF CURRENT BUSINESS. For further information, write to the Business Outlook Division, BE-52, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0800. A recorded telephone message at (202) 898-2450 provides current data for the composite indexes (and the leading index components) immediately upon their release. The message is updated weekly, usually on Monday, to include recently available component data that will be incorporated into the next release (see reference no. 1.1).

Current data:

11.1 BEA Reports: Composite Indexes of Leading, Coincident, and Lagging Indicators (EBB, news release). Monthly reports with summary estimates of the composite indexes. Reports are available online through the EBB (see reference no. 1.2). Printed reports are mailed the day after estimates are released. (This set of reports is included in the five sets of BEA Reports; see reference no. 1.3.) The printed composite index reports are available from ESA/BEA on a subscription basis: Accession No. BEA-16-S, price $24.00 per year.

11.2 Business Conditions Digest (publication). A monthly publication containing tables and charts for more than 300 series, including business cycle indicators and other series that help evaluate economic conditions. Features the composite indexes of leading, coincident, and lagging indicators. Also includes historical data and data sources. Available from GPO: List ID BCD, price $44.00 per year (domestic first class), $55.00 (foreign); $4.00 single issue.

11.3 Business Conditions Digest Current Data (EBB, diskette, printout). Data for the last 4 years for most of the series in Business Conditions Digest (more than 300 series). Updated monthly. Available online through the EBB (see reference no. 1.2). Diskettes and printouts are available from ESA/BEA on a subscription basis:

Diskette--Accession No. BEA SID 86-401, price

$200.00 per year.

Printout--Accession No. BEA SID 88-201, price

$100.00 per year. Historical data:

11.4 Business Conditions Digest Historical Data File (computer tape). Historical data (from 1945, when available, to the present) for most of the series in Business Conditions Digest and some diffusion index components not shown in the publication (more than 500 series). Updated monthly. Available from ESA/BEA: Accession No. BEA SID 76-001, price $100.00.

11.5 Business Conditions Digest Historical Data (diskette). Historical data (from 1945, when available, to the present) for most of the series in Business Conditions Digest (more than 300 series). Updated monthly. Available from ESA/BEA: Accession No. BEA SID 86-402, price $40.00 (two diskettes).

11.6 Handbook of Cyclical Indicators (publication). Series descriptions and data for 1947-82 for all series that appear in Business Conditions Digest. Includes an explanation of how the composite indexes are constructed. (1984) Available from NTIS: Accession No. PB85-106946, price $21.95 (paper copy), $6.95 (microfiche).

Environmental estimates

12.A BEA maintains a set of annual current-and constant-dollar estimates of capital expenditures and operating costs for pollution abatement and control. These estimates, which are prepared within the framework of the national income and product accounts, are classified by sector (consumers, business, and goverment) and by element of the environment affected (air, land, and water). The most recent SURVEY OF CURRENT BUSINESS article reporting the capital expenditures appeared in November 1988, and the most recent article reporting the total expenditures (including operating costs) appeared in May 1988. For further information, write to the Environmental Economics Division, BE-62, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 523-0687. For specific questions, the following telephone numbers may be used:
 Total expenditures (202) 523-4821
 Capital expenditures -0882


12.1 BEA Reports: Pollution Abatement and Control Expenditures (EBB, news release). News release on annual pollution abatement and control expenditures. Available online through the EBB (see reference no. 1.2). Printed release available by calling or writing the Environmental Economics Division in May 1989.

12.2 Stocks and Underlying Data for Air and Water Pollution Abatement Plant and Equipment (printout). Estimates of the gross and net capital stocks at historical, constant, and current cost; estimates of capital expenditures in constant and current dollars; price indexes by media (air and water) and for selected industry groups (manufacturing, electric utilities, and other nonmanufacturing); and estimates of lifetimes by media for pollution abatement plant and equipment. Available from ESA/BEA: Accession No. BEA EED 86-201, price $35.00.

Subject Index

This index is designed to help locate BEA materials for particular subject areas. The index uses reference numbers to indicate where in the guide information on particular subjects can be found. For each reference, the number refers to the section of the guide where the information is located, and the letter refers to the program description. For example, in the entry for "Balance of payments," the reference number "9.A" refers to the paragraph in the guide describing BEA's work on the balance of payments.
 Reference
 Subject area number
Balance of payments (also see Net exports) 9.A
Business cycle indicators 11.A
Business inventories and sales (also see Inventories) 2.A


Capital expenditures:
 Gross private domestic fixed investment 2.A
 Majority-owned foreign affiliates of U.S. companies 10.A
 Majority-owned U.S. affiliates of foreign companies 10.A
Capital stock 2.A


Compensation of employees:
 National 2.A
 State 6.A, 7.A


Composite indexes of leading, coincident, and lagging

indicators (see Business cycle indicators) Construction (see Capital expenditures)

Corporate profits 2.A

Direct investment:
 Foreign direct investment in the United States 10.A
 U.S. direct investment abroad 10.A


Disposable personal income:
 National 2.A
 State 6.A


Employment:
 National 2.A, 4.A
 State, county, and metropolitan area 6.A, 7.A


Equipment (see Capital expenditures) Exports (see Balance of payments and Net exports) Foreign direct investment in the United States (see

Direct investment) Goverment, Federal:
 Cyclically adjusted budget 3.A
 National defense purchases of goods and services 2.A, 3.A
 Nondefense purchases of goods and services 2.A, 3.A
 Receipts and expenditures 2.A, 3.A


Goverment, State and local:
 Purchases of goods and services 2.A, 3.A
 Receipts and expenditures 2.A, 3.A
Gross national product 2.A, 3.A


Gross private domestic investment (see Capital

expenditures)

Gross state product 7.A

Imports (see Balance of payments and Net exports) Industries:
 National estimates by industry 2.A, 4.A, 10.A,
 12.A
 State, county, and metropolitan area by industry 6.A, 7.A


Input-output:
 National 4.A
 State, county, and metropolitan area by industry 7.A
International investment 9.A, 10.A


International transactions (see Balance of payments and

Net exports)

Inventories (also see Business inventories and sales) 2.A, 4.A

Leading, coincident, and lagging indicators, composite

indexes of (see Business cycle indicators)
Merchandise trade (also see Net exports) 9.A
Motor vehicle output 2.A
National income 2.A
National income and product accounts 2.A, 3.A
Net exports (also see Balance of payments) 2.A
Personal consumption expenditures 2.A


Personal income:
 National 2.A
 State, county, and metropolitan area 6.A, 7.A


Personal outlays (see Personal consumption

expenditures) Plant and equipment expenditures (see Capital

expenditures)
Pollution abatement and control spending 12.A
Price measures--fixed-weighted price index, etc. 2.A, 3.A


Profits (see Corporate Profits)
Saving 2.A
Services, international 9.A, 10.A
Travel, international 9.A
U.S. affiliates of foreign companies 10.A


U.S. business enterprises acquired or established by

foreign direct investors 10.A

U.S. direct investment abroad (see Direct investment)

U.S. multinational companies 10.A

Wages and salaries (see Compensation of employees) Wealth (see Capital stock)
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Title Annotation:U.S. Bureau of Economic Analysis
Publication:Survey of Current Business
Date:Mar 1, 1989
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