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Bureau of Economic Analysis

Survey of Current Business

Table of Contents
 October 1995

Selected articles may be accessed by clicking on the links below. (An Acrobat (PDF) version of the table of contents is also available; however, links to other files will work only when you use Acrobat Reader 4.0.)


Special in this issue

30 Preview of the Comprehensive Revision of the National Income and Product 
    Accounts: New and Redesigned Tables (PDF) 
 
As part of the upcoming comprehensive revision of the NIPA’s, BEA will update
the tables that present the NIPA estimates. The changes to the tables primarily
result from the introduction of BEA’s new featured measures of output and
prices and from the recognition of government investment.
 
52 An Ownership-Based Disaggregation of the U.S. Current Account, 1982–93 (PDF)
 
This supplemental disaggregation of the U.S. current account spotlights the role
of multinational companies in the delivery of goods and services to foreign
markets. It presents information on sales by multinational companies through
their affiliates and groups cross-border transactions on the basis of the relationship
between exporters and importers. For example, it shows that intrafirm
trade accounts for about one-third of U.S. trade in goods and services throughout
1982–93.

Regular features

1 Business Situation (PDF)

Economic growth rebounded sharply in the third quarter of 1995. BEA’s featured
fixed-weighted measure of real GDP growth increased 4.2 percent after
increasing only 1.3 percent in the second quarter, and BEA’s chain-weighted
measure increased 3.0 percent after increasing 0.7 percent. Inflation, as measured
by the fixed-weighted price index for gross domestic purchases, slowed to
1.8 percent from 3.2 percent.
 
40 Motor Vehicles, Model Year 1995 (PDF)
 
In model year 1995, motor vehicle sales were unchanged from 1994, when they
had reached a 5-year high. Sales of new trucks continued to increase, but sales
of new cars turned down.
 
46 Personal Income by State and Region, Second Quarter 1995 (PDF)
 
Personal income in the Nation slowed to a 0.8-percent increase in the second
quarter of 1995 from a 1.8-percent increase in the first quarter. Nevada had the
largest increase in personal income, 2.1 percent, and Iowa had the largest decline,
1.7 percent.
 
62 Reconciliation of the U.S.–Canadian Current Account, 1993–94 (PDF)
 
This year’s reconciliation of the U.S.–Canadian current account resulted in a
shift to a small U.S. deficit for 1993 and an increase in the U.S. deficit for 1994.
The reconciliation process, which involves the exchange of data and of information
about estimating techniques between the United States and Canada, continues
to improve the accuracy of the published estimates and the efficiency of
their production.

Reports and statistical presentations

7 National Income and Product Accounts (PDF)
7 Selected NIPA Tables 
26 NIPA Charts
28 Selected Monthly Estimates (PDF)
C-1 Business Cycle Indicators (PDF)
C-1 Data tables
C-6 Footnotes for pages C-1 through C-5 
  
C-7 Charts 
C-28 Index to historical data for selected series 
C-51 Index to historical data for selected series 
C-52 Cyclical leads and lags for selected indicators 
 
LOOKING AHEAD
SURVEY Cover Dates. The cover date designation for the SURVEY is being changed to
match the month of publication. The next issue of the SURVEY will be designated
November/December 1995, the issue after that will be designated January 1996, and
subsequent issues will be designated accordingly. This change does not result in the
skipping of an issue, and subscribers will still receive 12 issues.
 
National Income and Product Accounts Revision. Revised estimates for 1959–92 incorporating
the comprehensive revision of the NIPA’s will be released on November 21,
and revised estimates for 1993 through 1995:III will be released on December 15 (see
box on page 30). The November/December SURVEY will include the revised estimates,
and the January SURVEY will include an article describing the comprehensive revision.
 
Business Cycle Indicators. The January SURVEY will be the last issue containing the
“Business Cycle Indicators” (C-pages) section. The discontinuance results from a reprogramming
of resources at BEA into areas that are vital to its mission of preparing
and interpreting the Nation’s economic accounts. BEA will provide a listing of sources
for the C-pages series, including addresses and telephone numbers, in the November/
December and January issues.
 
Characteristics of Foreign-Owned U.S. Manufacturing Establishments: Country-of-
Ownership Differences. An upcoming issue of the SURVEY will contain an article that
examines differences by country of owner in the operating characteristics and industrial
composition of foreign-owned U.S. manufacturing establishments.