A Guide to the Integrated Macroeconomic Accounts

This paper summarizes the main features of the integrated macroeconomic accounts (IMAs) and illustrates possible uses of the information in the accounts for economic and policy analysis. The IMAs comprise a sequence of macroeconomic accounts that link production and income to changes in net worth for the U.S. economy. The accounts detail the sources and uses of the funds that are made available for capital formation or net lending as well as track assets and liabilities of major sectors of the economy. In identifying the sources of changes in net worth, the IMAs provide information on changes in the market values of assets and liabilities, which are important drivers of changes in net worth.