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Integrated macroeconomic statistics expanded.

To help economists gain a better understanding of the economy, BEA publishes an integrated set of macroeconomic accounts that harmonizes the national income and product accounts (NIPAs) from BEA and the flow of funds accounts (FFAs) from the Federal Reserve Board.

These tables present a sequence of accounts that relate production, income and spending, capital formation, financial transactions, and asset revaluations to changes in net worth between balance sheets for the major sectors of the U.S. economy. These integrated accounts also bring the NIPAs and FFAs into closer accordance with the national accounting guidelines offered by the international community in the System of National Accounts.

The integrated accounts were expanded this year to include quarterly estimates back to 1960. The accounts are available on the BEA Web site in the national economic accounts section.
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Title Annotation:Taking Account ...
Publication:Survey of Current Business
Article Type:Brief article
Geographic Code:1USA
Date:Dec 1, 2012
Words:135
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