Bureau of Economic Analysis
Survey of Current Business
Table of Contents
Selected articles may be accessed by clicking on the links below. (An Acrobat version of the table of contents is also available; however, links to other files will work only when you use Acrobat Reader 4.0.)
The BEA estimates of personal income and the IRS estimates of adjusted gross income (AGI)---two widely used measures of household income---are reconciled through a series of adjustments for definitional differences between the two measures. This reconciliation incorporates the results of the recent comprehensive revision of the NIPA's, updates to the AGI estimates, and several improvements to the reconciliation items.
[Reprint of chapter 3 of Nature's Numbers: Expanding the National Economic Accounts to Include the Environment]
Last summer, a blue-ribbon panel of the National Academy of Sciences' National Research Council completed a congressionally mandated review of BEA's prototype integrated economic and environmental accounts. As part of its promise to inform users of the results of this evaluation, BEA is reprinting chapters from the panel's final report.
The industrial composition of earnings across States has become more similar over time. This convergence primarily reflects the relatively stronger growth in services than in farming and manufacturing; services-producing industries tend to be more evenly distributed across the Nation than goods-producing industries. In 1998, the States with industrial compositions that were most similar to that of the United States were California, Washington, Arizona, Pennsylvania, and Missouri. The States that were least similar were Wyoming, Alaska, Nevada, Hawaii, and New Mexico.
U.S. economic activity registered another strong increase in the fourth quarter of 1999, while inflation picked up somewhat. Real GDP increased 5.8 percent after increasing 5.7 percent in the third quarter. The price index for gross domestic purchases increased 2.3 percent after increasing 1.7 percent.
Sales of motor vehicles surged to a record 17.4 million units in 1999 from 16.0 million units in 1998. Sales of new trucks again increased strongly, reaching a record 8.7 million units; sales of new cars also increased to 8.7 million units, following 4 consecutive years of declines.
Personal income in the Nation increased 1.3 percent in the third quarter of 1999, the same pace as in the second quarter. In the third quarter, the States with the fastest growth in personal income were Nevada, Arizona, and Florida. The States with the slowest growth were North Dakota, South Dakota, and North Carolina.
D--2 Selected NIPA Tables (PDF)
D--27 Other NIPA and NIPA-Related Tables (PDF)
D--36 Historical Tables (PDF)
D--41 Domestic Perspectives (PDF)
D--43 Charts (PDF)
D--51 Transactions Tables (PDF)
D--57 Investment Tables (PDF)
D--62 International Perspectives (PDF)
D--64 Charts (PDF)
D--65 State and Regional Tables (PDF)
D--69 Local Area Table (PDF)
D--71 Charts (PDF)
D--73 Appendix A: Additional Information About BEA's NIPA Estimates
D--75 Appendix B: Suggested Reading
Inside back cover: Getting BEA's Estimates (PDF)
Back cover: Schedule of Upcoming BEA News Releases (PDF)