Impact of Sequestration and Reduced FY 2013 Funding Levels on Local Area Personal Income (LAPI)
The impact of sequestration and reduced FY 2013 funding levels for the Bureau of Economic Analysis (BEA) have required reductions in the Bureau's local area personal income (LAPI) program. Effective with the November 21, 2013 release of BEA's LAPI statistics, the following statistical detail will not be updated or made available: 1) local area employment by industry; 2) statistics for "BEA Economic Areas"; 3) detailed statistics on personal current transfer receipts; and 4) detailed statistics on farm income and expenses. In addition, industry detail on compensation and earnings has been reduced from 108 industries to 25 industries.
BEA understands that all of its analytical products and statistical programs are of high value to public and private sector decision-makers, and thus very careful consideration was given to program reductions in an effort to minimize the impact on data users. For more information, see BEA FY 2013 Budget Impacts (PDF) in the BEA Newsroom.