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.

Alternative Price and Volume Measures for Commercial Bank and Fund Management Services



In the U.S. National Income and Product Accounts, commercial bank and fund management services grew modestly or declined in volume terms after 2008, despite substantial increases in the levels of assets and liabilities managed by these businesses. These estimates of limited growth result partly… Read more

By Robert Kornfeld

Consumer Prices During A Stay-in-Place Policy: Theoretical Inflation for Unavailable Products

This paper is primarily a theoretical proof of concept. However, the inflation estimates developed in this paper could be updated to include future quarters if BEA management is interested in updates.

Major product categories like full service restaurant meals, live entertainment, and nonessential personal services are unavailable during a stay-in-place policy. As a result, their inflation rates cannot be measured directly. The standard methodology used by the Bureau of Labor Statistics (BLS… Read more

By Rachel Soloveichik

Measuring Inequality in the National Accounts



This paper provides context for the Bureau of Economic Analysis (BEA) prototype estimates of the distribution of income. It describes measurement questions, such as what concept of income should be used, and a summary of the results for the 2007–2018 period. The paper also presents a… Read more

By Dennis J. Fixler, Marina Gindelsky, David Johnson

Spending by Condition for the Long-Term Care Population Using Medicaid Claims



Health care spending for the nursing home sector has been an understudied topic despite institutionalized long-term care patients often facing higher mortality rates, having numerous and serious comorbidities, and accounting for over $194 billion dollars in personal health care expenditure just… Read more

By Abe C. Dunn, Peter Shieh, Lasanthi Fernando, Charles Roehrig