BEA's Preliminary Strategic Plan for 2001 - 2005 (PDF)

This paper provides background information on the new economy and how it relates to BEA’s economic accounts. It is designed to answer the following questions:

  • What is the new economy?
  • Why is it important that the new economy be captured in GDP and BEA’s other economic accounts estimates?
  • What do we know now about the size and impact of the new economy?
  • Where does the new economy show up in the accounts?
  • How well is the new economy recorded in the accounts?
  • What should be BEA’s highest priority in improving the capacity of the accounts to measure the new economy?

J. Steven Landefeld

Published