The headquarter offices of multi-establishment companies may be located in a state other than the state(s) where the operating establishments are located. For most industries and GDP-by-state components, the estimates are based on establishment data by state which are used directly. For selected industries – rail transportation, air transportation, and utilities, the estimates of corporate capital charges are based on tabulations of company net income and expenses. The company tabulations are allocated to the states in which the company has operating establishments based on indicators of capital stock or its use – for example, electric generating capacity.
Published