2018 Comprehensive Update
Results
- Briefing: Results of the 2018 Comprehensive Update of the NIPAs (PDF)
- Table A. Selected Components Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2012-2017 (PDF)
- Coming in the September 2018 Survey of Current Business, an article describing the results of the 2018 Comprehensive Update of the National income and Product Accounts in detail
Background materials
- Preview of the 2018 Comprehensive Update of the National Income and Product Accounts: Changes in Methods, Definitions, and Presentations
- Blog: Coming July 27: GDP Statistics Updated to Keep Pace with Ever-Changing Economy
- Blog: BEA on Track to Implement Third Phase to Combat Potential for Residual Seasonality in GDP
- Updating BEA's National Accounts: Update on Seasonal Adjustment Plans | November 2017 BEA Advisory Committee meeting (PDF)
- Quality-Adjusted Prices for High Tech Goods/Services: Current Work and Future Plans | November 2017 BEA Advisory Committee meeting (PDF)
- Updating BEA's National Accounts: Overview of Plans Including Seasonal Adjustment | May 2017 BEA Advisory Committee meeting (PDF)
- Residual Seasonality in GDP and GDI: Findings and Next Steps | SCB, July 2016 (PDF)
Table Changes
Draft National Income and Product Account (NIPA) Table Formats (Excel)
Note: Additional tables changes effective with the July 27 release of the 2018 Comprehensive Update of the NIPAs:
- Newly available not seasonally adjusted statistics are presented in a new “Section 8”
- Existing not seasonally adjusted Tables 3.22 and 3.23 (which present government current receipts and expenditures), are moved to the new Section 8 and are renumbered 8.3 and 8.4, respectively
- Tables 1.1.6A-D are discontinued
- Tables 5.9.xA and 5.9.xB are replaced with Table 5.9.x
- Reference year updated from 2009 to 2012
- Start period on chained-dollar tables updated from 1999 to 2002 (Excel)
“Standard” GDP news release table formats (for August 29th and subsequent releases) (Excel)
Note: There are no changes to the formats of the Personal Income and Outlays news release tables.
Draft Registers for Flat File Downloads
- Series Register (TXT)
- Table Register (TXT)
2018 NIPA Comprehensive Update Table Release Plan
June 22: Draft formats for new and modified NIPA tables, including table titles, line stubs, and footnotes, but no estimates. (posted above)
July 27, 8:30 AM: News release for "GDP: Second Quarter 2018 (Advance Estimate), Comprehensive Update: 1929 through First Quarter 2018." Web release of the quarterly "selected" NIPA tables through BEA's interactive data system.
July 31: At 8:30 AM: News release for "Personal Income and Outlays: June 2018" and Web release of monthly NIPA tables.
By August 3: Web release of "Underlying Detail" tables through BEA's interactive data system.
By August 10: Web release of most NIPA tables not included in the "selected" NIPA tables through BEA's interactive data system.
Mid-September: In the September Survey of Current Business, publication of the article that details the results of the 2018 Comprehensive Update of the NIPAs which includes:
The seven NIPA summary accounts
The table of selected components and major source data
The tables of revisions to major aggregates
September through December: Release of NIPA tables 2.9, 3.15-3.23, 5.10, 7.15, and 7.19, and of the fixed assets accounts tables and of the integrated macroeconomic accounts through BEA's interactive data system.