Glossary

The value of services produced by government, measured as the purchases made by government on inputs of labor, intermediate goods and services, and investment expenditures. It is the sum of government consumption expenditures and government gross investment.

Goods and services purchased by U.S. residents from foreign residents.

Consists of compensation paid to foreign residents, income payments on assets to the rest of the world (which includes interest and dividends paid to the rest of the world), and reinvested earnings on foreign direct investment in the United States.

Consists of compensation paid to U.S. residents by foreigners, income receipts on assets from the rest of the world (which includes interest and dividends received from the rest of the world), and reinvested earnings on U.S. direct investment abroad (USDIA).

Value of accumulated stocks of U.S.-owned assets abroad and the accumulated values of foreign-owned assets in the United States at a point in time; the net IIP is the former minus the latter.

A foreign affiliate in which the combined ownership of all U.S. parents exceeds 50 percent.

Exports of goods and services minus imports of goods and services.

Consists of purchases of both nonresidential structures and equipment and software.

Payments consisting of U.S. government military and nonmilitary grants-in-cash and grants-in-kind to foreign governments.

The goods and services purchased by persons.

See Corporate profits with IVA and CCAdj

Earnings from the rental of real property by persons who are not primarily engaged in the real estate business. It also includes the imputed net rental income of owner-occupants and the royalties received by persons from patents, copyrights, and rights to natural resources.

Consists of purchases of private residential structures and residential equipment that is owned by landlords and rented to tenants.

Services sold in international markets through the channel of direct investment. From the U.S. viewpoint, it consists of sales of services to foreigners by foreign affiliates of U.S. companies and U.S. purchases of services from other countries' U.S. affiliates. It is one of two channels in the delivery of services in international markets; the other is cross-border trade in services.

Includes some taxes on production and some current transfers. The source data do not permit the reliable separation of the taxes on income.

The portion of corporate profits that remains after taxes and dividends have been paid.