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Home > Publications > Survey of Current Business > November 2005 - Volume 85 - Number 11 |
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November 2005 - Volume 85 - Number 11Director's Message | Taking Account | Business Situation: Advance Estimates for the Third Quarter of 2005Real GDP increased 3.8 percent in the third quarter after increasing 3.3 percent, primarily reflecting accelerations in consumer spending and Federal Government spending. Real disposable personal income decreased 0.9 percent after increasing 1.5 percent. | Newly Available NIPA TablesBEA releases the estimates of income and outlays of nonprofit institutions serving households and the estimates of personal income and its disposition by these institutions from the 2005 annual NIPA revision. | Updated Summary NIPA MethodologiesThe sources of data and the methods used to prepare the current-dollar and real estimates of GDP and the current-dollar estimates of gross domestic income have been updated as part of the 2005 annual NIPA revision. | Federal Personal Income Tax Liabilities and Payments for 1959-2003These updated estimates incorporate the results of the 2005 annual NIPA revision and newly available IRS tax return data for 2003. For 2003, payments exceeded liabilities by $27.9 billion; liabilities decreased $53.8 billion. | Comparison of BEA Estimates of Personal Income and IRS Estimates of Adjusted Gross Income: New Estimates for 2003 and Revised Estimates for 2002The estimates of these two widely used measures of household income are reconciled in order to account for the statistical and definitional differences between the two measures. | Reconciliation of the United States-Canadian Current Account, 2003 and 2004Each year, the bilateral current-account estimates of the United States are reconciled with those of Canada because of the extensive economic links between these two countries. | Looking AheadIndustry Accounts. Revised estimates of the annual industry accounts for 2002-2004 and new estimates of GDP by NAICS industry for 1947-86 are scheduled to be published in the December Survey. BEA Current and Historical Data
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