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Bureau of Economic Analysis

Survey of Current Business

Table of Contents
 November-December 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

1 Gross Domestic Product, Third Quarter 1995 (Preliminary);
  Corporate Profits, Third Quarter 1995 (Preliminary); and
  Revised Estimates, 1959–95 (PDF)

As this issue of the SURVEY OF CURRENT BUSINESS went to press, BEA released
revised estimates of GDP and related measures for 1959 through the third quarter
of 1995 from a comprehensive revision of the NIPA’s. The revised estimates
show that real GDP increased 3.2 percent in the third quarter of 1995, following
a 0.5-percent increase in the second. For 1959–94, the revised estimates of real
GDP show an average annual growth rate of 3.2 percent, 0.2 percentage point
faster than the previously published estimates.

48 Personal Income and Outlays, October and November 1995 (PDF)

As this issue of the SURVEY went to press, BEA released new monthly estimates of
personal income and related measures for October and November 1995 and
revised estimates beginning with 1959 from the comprehensive NIPA revision.
Personal income increased 0.2 percent in November 1995 after increasing 0.7
percent in October (not at annual rates). Personal income was revised up for all
years, largely reflecting upward revisions to rental income of persons and to
other labor income.

Regular features

58 U.S. International Transactions, Third Quarter 1995 (PDF)

The U.S. current-account deficit decreased $3.8 billion, to $39.5 billion, in the
third quarter. The decrease was more than accounted for by a smaller deficit on
trade in goods and services, as exports rose and as imports fell. In contrast, both
net unilateral transfers and the deficit on investment income increased.

Reports and statistical presentations

56 Selected Monthly Estimates (PDF)
84 Subject Guide: Volume 75 (1995) (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-29 Sources for business cycle indicators 
Federal Government shutdowns resulted in the suspension of BEA operations on November
14–19 and on December 18–January 5; in addition, a major East Coast snowstorm halted
operations on January 8–10 and January 12. As a result, the schedules for the preparation
and release of BEA’s national, regional, and international accounts estimates have been
changed substantially. In particular, BEA was forced to delay the release of the revised estimates
from its comprehensive revision of the NIPA’s by over a month. For information
about BEA’s news release schedule, see the back cover of this issue.

In turn, the publication schedule for the SURVEY has also been affected. The following is a
tentative schedule beginning with this issue:
November/December issue. Publication of this issue was delayed from mid-December
to late January. As noted in the October 1995 SURVEY, this issue includes the revised
estimates from the comprehensive NIPA revision. As a result of the transfer of responsibility
for preparation and dissemination of the composite indexes to The Conference
Board, this issue is the last one that will carry the regular presentation of the “Business
Cycle Indicators” (C-pages) section; a listing of sources for the series that appear in
that section begins on page C–29.

January/February issue. The January and February issues of the SURVEY will be consolidated
into a single issue to be published in mid-February. This consolidation will
result in the skipping of one issue of the SURVEY; however, subscribers will still receive
12 issues of the SURVEY. This issue will include an article describing the comprehensive
NIPA revision, along with detailed annual tables for 1991–94 and summary historical
tables back to 1959. It will also include a presentation of historical data from the
“Business Cycle Indicators” section and the listing of data sources.

March issue. Beginning with this issue, to be published in early March, the cover date
designation of the SURVEY will match the month of publication. This issue will include
the remainder of the historical data presentation from the “Business Cycle Indicators”
section and the listing of data sources.