The U.S. Bureau of Economic Analysis (BEA) recently improved its estimates of current-dollar gross domestic product (GDP), current-dollar gross domestic income (GDI), and real GDP as part of the 2024 annual update of the National Economic Accounts (NEA), which includes the National Income and Product Accounts (NIPAs) and the Industry Economic Accounts. The sources of data and the methodologies that are now used to prepare the NIPA estimates are summarized in this report.
- Updated Summary of NIPA Methodologies, Survey of Current Business, November 2024