Latest Research

The views expressed in these papers are solely those of the authors and not necessarily those of the U.S. Bureau of Economic Analysis or the U.S. Department of Commerce.


The Geography of Consumption and Local Economic Shocks: The Case of the Great Recession

 

 

Geographic analysis of consumption is often constrained by geographic borders such as counties, but economic agents often cross borders to consume. Using unique card transaction data, we estimate across-county spending flows between firms and consumers for every county in the United States and… Read more

By Abe C. Dunn, Mahsa Gholizadeh
Published

Metropolitan Statistical Area Location Choice by Foreign Direct Investors in the United States

 

 

The importance of new foreign direct investment as a vehicle for the formation of productive capital has stimulated interest in understanding why multinational enterprises (MNEs) choose particular locations for their investments. Using data from greenfield investments reported on the BEA Survey… Read more

By Thomas Anderson
Published

The Owner-Premium Adjustment in Housing Imputations

 

 

This paper describes and alternative to the rental equivalence and the user cost approaches for imputing consumer expenditures on owner-occupied housing services. The alternative uses the estimated value of the dwelling relative to the median value of similar homes as an adjustment to the rental… Read more

By Bettina H. Aten, Alan Heston
Published

A Reconciliation of Health Care Expenditures in the National Health Expenditures Accounts and in Gross Domestic Product

 

 

This paper provides a detailed reconciliation of the National Health Expenditure Accounts (NHEA), the official estimates of health care spending in the United States from the Centers for Medicare and Medicaid Services, and the estimates of health expenditures that are part of gross domestic… Read more

By Robert Kornfeld, Micah Hartman, Nathan A. Espinosa, Regina L. Butler, Aaron Catlin
Published