- Browse Related Terms: Additive, Additivity, Primary producer, SDR, Secondary producer, Secondary product, Special drawing rights, Top-down model
A characteristic of a measurement series whereby the summed components equal the aggregate. Related terms: Chained-dollar estimate.
- Browse Related Terms: Additive, additivity, Advance estimate, Advance estimates, Chain dollar, Current dollar, Directly estimated method, Double deflation, Final estimate, Final estimates, Monthly Treasury Statement, Preliminary estimate, Preliminary estimates
- Browse Related Terms: Additive, Additivity, Primary producer, SDR, Secondary producer, Secondary product, Special drawing rights, Top-down model
The first estimate of gross domestic product (GDP) and its components for a quarter. It is released 25-30 days after the end of the quarter and is based on source data that are incomplete and subject to revision. Related terms: Final estimate, Preliminary estimate.
- Browse Related Terms: Additive, additivity, Advance estimate, Advance estimates, Chain dollar, Current dollar, Directly estimated method, Double deflation, Final estimate, Final estimates, Monthly Treasury Statement, Preliminary estimate, Preliminary estimates
- Browse Related Terms: Annual I-O accounts, Annual input-output accounts, Benchmark I-O accounts, Benchmark input-output accounts, Final demand, Government consumption expenditures and gross investment, Gross domestic product (GDP)-by-industry accounts, I-O accounts, I-O output multipliers, Input-output accounts, Input-output output multipliers, Intermediate inputs, Intermediate purchases, Margin, or margin costs, National income and product accounts (NIPAs), Producers' prices, Redefinition, RIMS II multipliers
- Browse Related Terms: Annual I-O accounts, Annual input-output accounts, Benchmark I-O accounts, Benchmark input-output accounts, Final demand, Government consumption expenditures and gross investment, Gross domestic product (GDP)-by-industry accounts, I-O accounts, I-O output multipliers, Input-output accounts, Input-output output multipliers, Intermediate inputs, Intermediate purchases, Margin, or margin costs, National income and product accounts (NIPAs), Producers' prices, Redefinition, RIMS II multipliers
Set of I-O tables-make table, use table, direct requirements table, and total requirements tables-that are an update of the most recent benchmark I-O accounts. Annual tables are consistent with the gross domestic product (GDP)-by-industry accounts, but incorporate less comprehensive source data than those used for the benchmark I-O tables. Related terms: Input-output (I-O) accounts.
- Browse Related Terms: Annual input-output (I-O) accounts, Benchmark input-output (I-O) accounts, Capital flows table, Commodity flow method, Direct requirements table, Input-output (I-O) accounts, Input-output (I-O) output multipliers, Leontief inversion approach, Make table, Make tables, Reclassification, Total requirements table, Total requirements tables, Use table, Use tables
Record of transactions between U.S. residents and foreign residents during a given time period. Includes transactions in goods, services, income, assets, and liabilities. It is broken down into the current accounts (international), capital accounts (international), and financial accounts (international).
- Browse Related Terms: Balance of payments, BPT, Business, professional, and technical services transactions, Business, professional, and technical services transactions (BPT), Capital account (international), Capital accounts (international), Cross-border trade in services, Current account (international), Direct investment capital flows, Financial account (international), Financial accounts (international), Financial asset, Sales of services through foreign affiliates of multinational companies, Special drawing rights (SDR)
Record of net receipts or payments on goods, services, income, and unilateral current transfers. Current transfers include U.S. government grants to foreign countries, private remittances, and other current transfers. Related terms: Balance on goods, Balance on goods and services.
- Browse Related Terms: Balance on current account, Government current expenditures, Government current receipts, Gross operating surplus, Gross output, Net government saving, Net operating surplus, Nonfactor charges, Personal saving, Subsidy, Taxes from the rest of the world, Unilateral current transfers
Current receipts from the rest of the world less current payments to the rest of the world, formerly called "net foreign investment." Current receipts equal exports of goods and services plus income receipts from the rest of the world; current payments are the sum of imports of goods and services, income payments to the rest of the world, and current taxes and transfer payments to the rest of the world (net).
- Browse Related Terms: Balance on current account, national income and product accounts, Business current transfer payments (net), Business current transfer payments to government (net), Business current transfer payments to persons (net), Business current transfer payments to the rest of the world (net), Current payments to the rest of the world, Current receipts from the rest of the world, Current tax receipts, Current taxes and transfer payments to the rest of the world, Current transfer payments, Current transfer receipts, Income receipts on assets, Net lending or net borrowing, national income and product accounts, Own-account production, Personal current transfer payments, Personal current transfer receipts
Record of the difference between exports of goods and imports of goods. Related terms: Balance on current account, Balance on goods and services.
- Browse Related Terms: Balance on goods, Disposable personal income, Final use(s), Gross domestic product (GDP) price index, Gross domestic purchases, Gross domestic purchases price index, Net exports of goods and services, PCE, Personal consumption expenditures, Personal consumption expenditures (PCE), Personal outlays, Service
Record of the difference between exports of goods and services and imports of goods and services. In the broad sense, this balance is conceptually equal to net exports of goods and services, which is a component of gross domestic product (GDP). Related terms: Balance on current account, Balance on goods.
- Browse Related Terms: Balance on goods and services, GDI, GDP, GDP by state, GDP price index, GDP-by-industry accounts, Gross domestic income, Gross domestic income (GDI), Gross domestic product, Gross domestic product (GDP) by state, Gross domestic product price index, Gross domestic product-by-industry accounts, Gross national product (GNP), Gross state product, Implicit price deflator (IPD), NDP, Net domestic product, Net domestic product (NDP), Net gross receipts, NGR, Statistical discrepancy, Value added
The period from which the weights for a measurement series are derived. The national income and product accounts (NIPAs) currently use the year 2000 as the base period. Related terms: Chained-dollar estimate, Laspeyres price index, Paasche price index.
- Browse Related Terms: Base period, Chained-dollar estimate, Chained-type index, Current-dollar estimate, Directly priced method, Fisher ideal price index, Implicit price deflator, IPD, Laspeyres, Laspeyres price index, Paasche, Paasche price index
- Browse Related Terms: Annual I-O accounts, Annual input-output accounts, Benchmark I-O accounts, Benchmark input-output accounts, Final demand, Government consumption expenditures and gross investment, Gross domestic product (GDP)-by-industry accounts, I-O accounts, I-O output multipliers, Input-output accounts, Input-output output multipliers, Intermediate inputs, Intermediate purchases, Margin, or margin costs, National income and product accounts (NIPAs), Producers' prices, Redefinition, RIMS II multipliers
- Browse Related Terms: Annual I-O accounts, Annual input-output accounts, Benchmark I-O accounts, Benchmark input-output accounts, Final demand, Government consumption expenditures and gross investment, Gross domestic product (GDP)-by-industry accounts, I-O accounts, I-O output multipliers, Input-output accounts, Input-output output multipliers, Intermediate inputs, Intermediate purchases, Margin, or margin costs, National income and product accounts (NIPAs), Producers' prices, Redefinition, RIMS II multipliers
Statistical description-presented in a make table, use table, direct requirements table, and total requirements tables-of the production of goods and services and the transaction flows of goods and services between different industries and to different components of final uses. These accounts are prepared every five years, coinciding with economic census years. Related terms: Annual input-output (I-O) accounts, Input-output (I-O) accounts.
- Browse Related Terms: Annual input-output (I-O) accounts, Benchmark input-output (I-O) accounts, Capital flows table, Commodity flow method, Direct requirements table, Input-output (I-O) accounts, Input-output (I-O) output multipliers, Leontief inversion approach, Make table, Make tables, Reclassification, Total requirements table, Total requirements tables, Use table, Use tables
See Business, professional, and technical services transactions (BPT)
- Browse Related Terms: Balance of payments, BPT, Business, professional, and technical services transactions, Business, professional, and technical services transactions (BPT), Capital account (international), Capital accounts (international), Cross-border trade in services, Current account (international), Direct investment capital flows, Financial account (international), Financial accounts (international), Financial asset, Sales of services through foreign affiliates of multinational companies, Special drawing rights (SDR)
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Net payments by businesses to persons, government, and the rest of the world for which no current services are performed. Related terms: Business current transfer payments to government (net), Business current transfer payments to persons (net), Business current transfer payments to the rest of the world (net).
- Browse Related Terms: Balance on current account, national income and product accounts, Business current transfer payments (net), Business current transfer payments to government (net), Business current transfer payments to persons (net), Business current transfer payments to the rest of the world (net), Current payments to the rest of the world, Current receipts from the rest of the world, Current tax receipts, Current taxes and transfer payments to the rest of the world, Current transfer payments, Current transfer receipts, Income receipts on assets, Net lending or net borrowing, national income and product accounts, Own-account production, Personal current transfer payments, Personal current transfer receipts
Consists of payments to the Federal government in the form of premiums for deposit insurance, fees for regulatory and inspection activities, and fines; payments to state and local governments in the form of fines, tobacco settlements, and donations; and net insurance settlements paid to governments as policyholders. Related terms: Business current transfer payments (net), Business current transfer payments to persons (net), Business current transfer payments to the rest of the world (net).
- Browse Related Terms: Balance on current account, national income and product accounts, Business current transfer payments (net), Business current transfer payments to government (net), Business current transfer payments to persons (net), Business current transfer payments to the rest of the world (net), Current payments to the rest of the world, Current receipts from the rest of the world, Current tax receipts, Current taxes and transfer payments to the rest of the world, Current transfer payments, Current transfer receipts, Income receipts on assets, Net lending or net borrowing, national income and product accounts, Own-account production, Personal current transfer payments, Personal current transfer receipts