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                          U.S. Department of Commerce
                    Economics and Statistics Administration
                          Office of Business Analysis
                                 [phone]
      ===================================================================
                          The ECONOMIC BULLETIN BOARD
      ===================================================================

        Bulletin 38:  User's Guide to Bureau of Economic Analysis (BEA)
                                  Information

                             Last Updated: 01/25/93
      -------------------------------------------------------------------

How To Use This Guide

Entries in this guide are arranged by program area.  Each program
area includes a list of products available as well as telephone
numbers for users who have questions or need assistance.

Each BEA product or service is available from one of three sales
agents, abbreviated as follows:

     BEA---Bureau of Economic Analysis
     GPO---U.S. Government Printing Office, Superintendent of
          Documents
     NTIS---National Technical Information Service

Each product's listing identifies the sales agent for that
product and includes a stock or accession number and price to be
used when ordering.


How to Order the Products Listed in This Guide

o    "Available from BEA"--call the BEA Public Information
     Office at [phone] to order products available
     from BEA; payment may be by MasterCard or VISA.  To
     order by mail, write to:  Bureau of Economic Analysis,
     Public Information Office, BE-53, Washington DC  20230.
     List the accession number and title of the product
     requested and include a check or money order made out
     to "Bureau of Economic Analysis" for the total amount
     of the order.   For foreign orders, add 25% to the
     total amount of the order.

o    "Available from GPO"--call the Government Printing
     Office (GPO), Superintendent of Documents at (202)783-
     3238 to place an order by telephone using MasterCard,
     VISA, or GPO Deposit Account.  Inquiries can be faxed
     to [phone] or mailed to New Orders,
     Superintendent of Documents, P.O. Box 371954,
     Pittsburgh PA 15250-7954.

o    "Available from NTIS"--call the National Technical
     Information Service (NTIS) at 1-800-553-6847 (toll-free
     from oustide Virginia) or in Virginia call (703)487-
     4650, to place an order by telephone using MasterCard
     VISA, American Express, or NTIS Deposit Account.  Use
     the NTIS fax number, [phone], to inquire about
     paying by check or money order or about foreign orders.
     Written inquiries can be sent to:  NTIS, 5285 Port
     Royal Road, Springfield, VA 22161.
_______________________________________________________________

BEA provides basic information on such key issues as economic
growth, inflation, regional development, and the Nation's role in
the world economy.  This guide, which lists the most recent and
most frequently requested BEA products and services, helps users
locate that information.  The guide contains program descriptions
and entries for specific products and services.  The first
section, entitled "General," describes the products and services
that cut across the range of BEA's work.  The following sections
describe the products and services related to BEA's four program
areas:  National economics, regional economics,  international
economics, and other tools for economic analysis.
_____________________________________________________________

What's New?

U.S. Direct Investment Abroad:  1989 Benchmark Survey,
     Preliminary Results (see entry no. 10.9);

1982 Benchmark Input-Output Accounts of the United States (see
     entry no. 4.1);

CD-ROM Containing Over 20 Years of Local Area Economic Data
     (see entry no. 6.1).
________________________________________________________________

General

BEA's current national, regional, and international estimates
usually appear first in news releases.  (For BEA's 1992 release
dates, see elsewhere on the EBB.)  The information in news
releases is available to the general public in three forms:  On
recorded telephone messages, online through the Economic Bulletin
Board, and in BEA Reports.  This section describes these
services, as well as the Survey of Current Business--BEA's
monthly publication of record--and products related to it.  Most
of BEA's work is presented in the Survey of Current Business,
either in full or in summary form.  The presentations of current
estimates and analyses are usually on a regular schedule; this
schedule is noted in each of the program-description sections
that follow.  For more information on BEA's programs, products,
and services, write to the Public Information Office, BE-53,
Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, DC 20230, or call [phone]; TDD: (202) 523-
3506.

   1.1  Recorded Telephone Messages.  Brief (3-5 minutes)
recorded telephone messages summarizing key estimates immediately
after their release.  The messages are available 24 hours a day
for several days following release.  The usual time of release
(eastern standard or eastern daylight time) and the telephone
numbers to call are as follows:

Leading Indicators (8:30 a.m.) ................. [phone]
     The message is updated weekly, usually on Monday, to
     include recently available component data that will be
     incorporated into the next release.
Gross Domestic Product (8:30 a.m.) ....................   -2451
Personal Income and Outlays (10:00 a.m.) ..............   -2452
Merchandise Trade, Balance of Payments Basis or
     U.S.International Transactions (10:00 a.m.) ......   -2453
     The message summarizes the more recently released of
     these two series.

   1.2  Economic Bulletin Board.  Online computer access to news
releases and other information.  BEA places an increasing range
of its information on the Economic Bulletin Board (EBB)
maintained by the Office of Business Analysis (OBA) of the
Department of Commerce.  News releases are available on the
Bulletin Board  shortly after their release.  Selected estimates
and articles such as the "Business Situation" and other Survey of
Current Business articles are also available.  (Other items in
this guide that are available through the EBB are marked "EBB"
after the title.)  The Bulletin Board may be accessed by personal
computer, computer terminal, or word processor equipped with a
modem; the information available on it--which includes
information from several Federal agencies--may be either viewed
on the user's screen or downloaded.  The Bulletin Board is
available by subscription from OBA.  A $35.00 registration fee
covers 2 hours of connect time on the system; additional time is
charged by the minute.  Instant hook-up is available.  High-speed
service is available at additional cost.  For more information,
call the Commerce Department's Office of Business Analysis at
[phone].

   1.3  BEA Reports (EBB, news release).  Five sets of reports
that present the information contained in the BEA news releases
for the following areas:  Gross domestic product; personal income
and outlays; regional reports; international reports; and
composite  indexes of leading, coincident, and lagging
indicators.  The reports contain summary estimates.  All reports
are available online through the EBB (see entry no. 1.2).  The
printed reports are mailed the day after estimates are released.
Annual subscriptions to the printed reports may be ordered for
individual sets or for all five sets.  Order information for the
five sets is given below.  For information on individual sets,
see the following corresponding entries:  Gross domestic product,
entry no. 2.1; personal income and outlays, entry no. 2.2;
regional reports, entry no. 5.1; international reports, entry no.
8.1; and composite indexes, entry no. 11.1.  All Five Sets.
Usually a total of 55 printed reports.  Available from BEA:
Accession No. 53-91-11-019, price $110.00 per year.

   1.4  Survey of Current Business (publication).  A monthly
journal containing estimates and analyses of U.S. economic
activity.  Includes the "Business Situation"--a review of current
economic development--and regular and special articles pertaining
to the national, regional, and international economic accounts
and related topics.  Among the special articles that appeared in
1991 were "Gross Product by Industry, 1977-88:  A Progress Report
on Improving the Estimates," "Comprehensive Revision of the U.S.
National Income and Product Accounts:  A Review of Revisions and
Major Statistical Changes," "Gross State Product by Industry,
1977-89," and "Valuation of the U.S. Net International Investment
Position."  Current quarterly estimates of the national income
and product accounts (see entry no. 2.0) appear every month.  The
Survey also contains two statistical sections that present an
array of economic data from public and private sources.  The
Business Cycle Indicators section consists of tables for about
270 series and charts for about 130 series that are widely used
in analyzing current cyclical developments.  The Current Business
Statistics section consists of tables for over 1,900 series
covering general business activities and specific industries.
The Survey is available from GPO:  List ID SCUB, price $29.00 per
year (domestic second-class mail), $36.25 (foreign second-class
mail), or $76.00 (domestic first-class mail); single copy price,
$8.00 (domestic) and $10.00 (foreign).  Foreign airmail delivery
rates are available upon request from GPO.

   1.5  Current Business Statistics (EBB, diskette).  Series
shown in the Current Business Statistics section (or S-pages) of
the current issue of the Survey of Current Business.  Updated
monthly.  Available online through the EBB (see entry no. 1.2).
The diskettes are available from BEA on a subscription basis:
Accession No. 52-87-41-411, price $200.00 per year.

   1.6  Business Statistics, 1963-91 (publication).  Monthly or
quarterly data for 1988-91 and annual data for 1963-91 for series
that appear in the Current Business Statistics section (or
S-pages) of the Survey of Current Business.  These series include
business sales, inventories, and orders; prices; employment and
unemployment; construction; banking and finance; transportation;
and many other industries and commodities.  An appendix provides
data for principal BEA series of the national income and product
accounts and of U.S. international transactions.  Also contains
definitions of terms, sources of data, and methods of
compilation.  Now being prepared:  Should be available from GPO
in the summer of 1992.
___________________________________________________________

Need Help? Try An Index!

Survey of Current Business:

     Subject Index---in every June and December issue.
     NIPA Index---just after the NIPA tables in the January 1992
          issue.
     S-Pages Index---at the back of the S-pages in every issue.
     C-Pages Index---page C-47 of the October 1991 issue.
________________________________________________________________

   1.7  The National Trade Data Bank (CD-ROM).  Access to
international economic statistics and trade marketing information
produced by the Federal Government.  BEA places a significant
number of its information programs in the National Trade Data
Bank (NTDB).  These include international transactions, foreign
direct investment, balance of payments, annual and quarterly
national income and product accounts, and others.  The NTDB
contains over 50 information programs from 15 Government
agencies, including export and import statistics, foreign
marketing reports,  "how-to" guides for exporters, and names of
companies overseas that want to do business with U.S. exporters.
The NTDB is produced monthly by the Office of Business Analysis
(OBA) using Compact Disc Read-Only Memory (CD-ROM) technology;
the discs (similar to discs used in audio systems) are designed
for use with IBM-compatible personal computers equipped with a
relatively inexpensive CD-ROM reader.  The NTDB may be ordered
from OBA by calling [phone]; individual discs cost $35.00
and an annual subscription (12 monthly discs) is $360.00.  The
NTDB is also available for public use at nearly 700 Federal
Depository Libraries located throughout the Nation.


National Economics

BEA's national economics program encompasses the national income
and product accounts, government transactions on a national
income and product accounting basis, and the input-output
accounts.

National income and product accounts

   2.0  The national income and product accounts and product
accounts (NIPA's) show the value and composition of the Nation's
output and the distribution of incomes generated in its
production.  The accounts include estimates of gross domestic
product (GDP)--the market value of the Nation's output of goods
and services--in current and constant dollars, GDP price
measures, the goods and services that make up GDP in current and
constant dollars, national income, personal income, and corporate
profits.  In addition, BEA produces specialized measures such as
estimates of auto and truck output, gross domestic product of
corporate business, housing output, and business inventories and
sales.  Measures of the inventory and fixed capital stocks
consistent with the NIPA output measures are also provided.
Further, the accounts provide a consistent framework within which
estimates of special interest--such as expenditures to protect
the environment--are prepared.  (Information about the
environmental estimates is provided in program description 12.0.)
    The estimates of GDP are prepared each quarter in the
following sequence:  Advance estimates are released in the first
month after the end of the quarter, and, as more detailed and
comprehensive data become available, preliminary and final
estimates are released in the second and third months,
respectively.  Estimates of personal income and outlays are
prepared each month.  The NIPA's are also revised in each of the
following 3 years, usually in July, and in comprehensive
(benchmark) revisions, usually every 5 years (most recently in
1991).  Current quarterly and monthly estimates are reported in
the Survey of Current Business; quarterly NIPA estimates appear
in a set of 53 "selected" tables, and monthly personal income and
outlays estimates are reported in the Current Business Statistics
(or S-pages).  The full set of annual revisions (134 tables)
usually is reported in the July issue.  Annual estimates of the
fixed capital stock are reported in the August issue.
    In addition to the current and historical estimates described
in the entries that follow, a considerable amount of component
detail (for example, purchases of private structures by type) and
industry detail (for example, change in business inventories by
industry) is available.  For further information about this
detail or about the listed computer tapes, printouts, and
diskettes, write to the National Income and Wealth Division,
BE-54, Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, DC 20230, or call [phone].  For specific
questions, the following telephone numbers may be used:

     GDP ................................... [phone]
     Personal income and outlays ...........          -0832
     Corporate profits ....................           -0888
     Personal consumption expenditures .....          -0819
     Gross private domestic investment .....          -0791
     GDP by industry .......................          -0795

   A recorded telephone message summarizing the latest GDP
estimates is available by calling [phone] (see entry no.
1.1).  A recorded message summarizing the latest personal income
and outlays estimates is available at [phone].


Current estimates

   2.1  BEA Reports:  Gross Domestic Product (EBB, news release).
Monthly reports with summary NIPA estimates that feature GDP and
corporate profits.  Reports are available online through the EBB
(see entry no. 1.2).  Printed reports are mailed the day after
estimates are released.  (This set of reports is included in the
five sets of BEA Reports; see entry no. 1.3.).  The gross
domestic product printed reports are available from BEA on a
subscription basis:  Accession No. 53-91-11-015, price $24.00 per
year.

    2.2  BEA Reports:  Personal Income and Outlays (EBB, news
release).  Monthly reports with summary NIPA estimates that
feature personal income and outlays.  Reports are available
online through the EBB (see entry no. 1.2).  Printed reports are
mailed the day after estimates are released.  (This set of
reports is included in the five sets of BEA Reports; see entry
no. 1.3.)  The personal income and outlays printed reports are
available from BEA on a subscription basis:  Accession No.
53-91-11-014, price $24.00 per year.

   2.3  Monthly Advance National Income and Product Accounts
Tables (EBB, diskette, or printout).  NIPA estimates as they
appear in the current issue of the Survey of Current Business.
Updated monthly.  Available online through the EBB (see entry no.
1.2).  Diskettes and printouts are available 1 day after the
release of GDP and are available from BEA on a subscription
basis:

   Diskette--Accession No. 54-85-41-401, price $200.00 per year.

   Printout--Accession No. 54-83-21-201, price $100.00 per year.

   2.4  Key Source Data and Assumptions (EBB, printed table).
Available source data and assumptions for missing source data
that are used to prepare the advance estimates of GDP.  Available
in January, April, July, and October.  Available online through
the EBB (see entry no. 1.2).  Annual subscriptions for the
printed table begin in January and are available from BEA:
Accession No. 54-84-21-209, price $25.00 per year.


Historical estimates

   2.5  National Income and Product Accounts (diskette).  The
full set of NIPA tables, most with estimates from 1959 to the
present.  Available from BEA:  Accession No. 54-89-41-401, price
$100.00 (5 diskettes).  (Diskettes can be ordered individually;
for information, write or call the National Income and Wealth
Division.)

   2.6  National Income and Product Accounts (computer tape).
The full set of NIPA tables, most with estimates from 1959 to the
present.  Available from BEA:  Accession No. 54-83-01-001, price
$100.00.

   2.7  The National Income and Product Accounts of the United
States, Statistical Supplement:  Volume 1, 1929-58; Volume 2,
1959-88 (publication).  The full set of NIPA tables.  Includes
statistical conventions and the definitions and classifications
underlying the NIPA's. (1992)  Now being prepared:  Vol. 2 should
be available from GPO in the summer of 1992 and Vol. 1 in the
fall of 1992.


NIPA methodology

   Summary tables listing the principal source data and
estimating methods used to prepare the NIPA estimates are
included in the articles in the Survey of Current Business that
describe annual revisions to the NIPA's.  These tables were last
published in the July 1990 issue and will be updated for the July
1992 issue.  A number of papers that provide detailed
descriptions of NIPA concepts and methodologies have been
published (see next entry).
   NOTE.--The methodologies used to prepare the NIPA's are
periodically refined to incorporate definitional changes, new
source data, and/or new estimating procedures.  In most cases,
changes in methodology are introduced as part of the annual
revisions that usually occur each July or as part of the
comprehensive revisions that occur about every 5 years.  The
major methodological changes introduced in recent annual
revisions are described in articles about the revised estimates
in the July 1986, 1987, 1988, 1989, and 1990 issues of the Survey
of Current Business.  The major methodological changes introduced
in the most recent comprehensive revision are listed on pages
38-39 of the December 1991 Survey.

   Methodology Papers (publications).  A series of papers that
documents the conceptual framework of the NIPA's and the
methodology used to prepare the estimates.  To date, six papers
are available.

   2.8  An Introduction to National Economic Accounting (NIPA
Methodology Paper No. 1).  An introduction to the concepts of the
U.S. NIPA's that places these accounts within the larger
framework of national economic accounting.  Shows the
step-by-step derivation of a general national economic accounting
system from the conventional accounting statements used by
business and government and inferred for other transactors.  Also
shows how the income and product accounts, the capital finance
accounts, and the input-output accounts--the major branches of
national economic accounting in the United States today--are
derived from this general system.  Also appeared in the March
1985 Survey of Current Business.  (1985) Available from NTIS:
Accession No. PB 85-247567, price $12.50 (paper copy), $9.00
(microfiche).

   2.9  Corporate Profits:  Profits Before Tax, Profits Tax
Liability, and Dividends (NIPA Methodology Paper No. 2).  A
description of the concepts, sources, and methods of the
corporate profits components of the NIPA's. (1985) Available from
NTIS:  Accession No. PB 85-245397, price $19.00 (paper copy),
$9.00 (microfiche).

   2.10   Foreign Transactions (NIPA Methodology Paper No. 3).  A
description of the preparation of estimates in the NIPA's of net
exports (both current- and constant-dollar), transfer payments to
foreigners, capital grants received by the United States,
interest paid by Government to foreigners, and net foreign
investment.  Also describes the relationship between foreign
transactions estimates in the NIPA's and those in the balance of
payments accounts. (1987) Available from NTIS:  Accession No.
PB 88-100649, price $19.00 (paper copy), $9.00 (microfiche).

   2.11  GNP:  An Overview of Source Data and Estimating Methods
(NIPA Methodology Paper No. 4).  Basic information about GNP,
including the conceptual basis for the account that presents GNP,
definitions of each of the components on the income and product
sides of that account, and a summary, presented in tabular form,
of the source data and methods used in preparing estimates of
current- and constant-dollar GNP.  Also provides an annotated
bibliography, with a directory, of the more than 50 items over
the last decade that provided methodological information about
GNP.  Appeared in the July 1987 Survey of Current Business.
(1987) Available from NTIS:  Accession No. PB 88-134838, price
$17.00 (paper copy), $9.00 (microfiche).

   2.12  Government Transactions (NIPA Methodology Paper No. 5).
Presents the conceptual basis and framework of government
transactions in the national income and product accounts,
describes the presentation of the estimates, and details the
sources and methods used to prepare estimates of Federal
transactions and of State and local transactions.  (1988)
Available from NTIS:  Accession No. PB 90-118480, price $26.00
(paper copy), $9.00 (microfiche).

   2.13  Personal Consumption Expenditures (NIPA Methodology
Paper No. 6).  Presents the conceptual basis and framework for
personal consumption expenditures (PCE) in the NIPA's, describes
the presentation of the estimates, and details the sources and
methods used to prepare annual, quarterly, and monthly estimates
of PCE.  Includes a bibliography, definitions, and convenient
tabular summaries of estimating procedures.  (1990)  Available
from GPO:  Stock No. 003-010-00200-0, price $4.50.


Other information related to the NIPA's

   2.14  The Underground Economy:  An Introduction (reprint).  A
discussion of the coverage, measurement methods, and implications
of the underground economy.  Part of the discussion features the
relation between the NIPA's and the underground economy:  Illegal
activities in the context of the NIPA's, three sets of NIPA
estimates sometimes misunderstood as being measures of the
underground economy, and the effect on NIPA estimates of possible
misreporting in source data due to the underground economy.
Article appeared in the May 1984 and July 1984 issues of the
Survey of Current Business. (1984)  Available from BEA:
Accession No. 53-84-10-001, price $5.00.

   2.15  Evaluation of the GNP Estimates (reprint).  An
evaluation of the GNP estimates, covering the reliability of
estimates, sources of error and types of statistical improvement,
status of source data, documentation of methodology, release
schedules, and security before release.  This article appeared in
the August 1987 Survey of Current Business. (1987)  Available
from BEA:  Accession No. 53-88-10-001, price $5.00.

   2.16  The Use of National Income and Product Accounts for
Public Policy:  Our Successes and Failures (BEA Staff Paper No.
43).  An evaluation using two indirect approaches.  The first
reviews the "accuracy" of the estimates, using the size of
revisions to GNP estimates as an indicator.  The second reviews
users' recommendations drawn from publications issued over the
last 30 years. (1985) Available from NTIS:  Accession No.
PB 86-191541, price $17.00 (paper copy), $9.00 (microfiche).


Wealth and related estimates

   2.17  Wealth (diskette, computer tape).  Annual estimates of
gross and net stocks, depreciation, and discards for fixed
nonresidential private and residential capital, durable goods
owned by consumers, and fixed capital owned by governments.  For
fixed private capital, contains estimates by each NIPA type of
equipment and structures for 1925 to the present.  For fixed
private capital, also contains estimates of total equipment,
total structures, and the total of equipment and structures owned
by each two-digit Standard Industrial Classification (SIC)
establishment-based industry for 1947 to the present, based on
the 1987 SIC.  For durable goods owned by consumers, contains
estimates by each NIPA type of goods for 1925 to the present.
For fixed capital owned by governments, contains estimates by
each NIPA type of equipment and structures, separately for the
Federal Government and for State and local governments, for 1925
to the present.  The estimates are in historical-cost,
constant-cost (1987 dollars), and current-cost valuations.  Also
includes stock series similar to those used by the Bureau of
Labor Statistics to derive measures of capital input for
multifactor productivity studies.  The investment series used to
derive all of these estimates are also included, in the same
detail as the stock estimates, in historical-cost and
constant-cost (1987 dollars) valuations.  Updated annually.
Available from BEA:

   Diskette--Accession No. 54-89-40-004, price $420.00 (21
          diskettes).  (Diskettes can be ordered individually for
          $20.00 each; for information call [phone].)

   Computer tape--Accession No. 54-89-00-001, price $100.00.

   2.18 Detailed Investment by Industry (diskette, computer
tape). Annual estimates for 1947 to the present of investment
purchased by each two-digit SIC establishment-based industry,
separately for each detailed NIPA type of equipment and
structures, based on the 1987 SIC.  (The Wealth tape and
diskettes in item 2.17 also include investment series for each
industry, but only for total equipment, total structures, and the
total of equipment and structures.) The estimates are in
historical-cost and constant-cost (1987 dollars) valuations.
Updated annually. Available from BEA:

    Diskette--Accession No. 54-89-40-005, price $60.00 (3
          diskettes).  (Diskettes may be ordered individually
          for $20.00 each; for information call [phone].)

    Computer tape--Accession No. 54-89-00-002, price $100.00.

   2.19 Detailed Wealth by Industry (diskette, computer tape).
Annual estimates for 1947 to the present of gross and net stocks,
depreciation, and discards for fixed nonresidential private
capital owned by each two-digit establishment-based SIC industry,
separately for each detailed NIPA type of equipment and
structures, based on the 1987 SIC.  (The Wealth tape and
diskettes in item 2.17 also include estimates of gross and net
stocks, depreciation, and discards for each industry, but only
for total equipment, total structures, and the total of equipment
and structures.)  Also includes stock series similar to those
used by the Bureau of Labor Statistics to derive measures of
capital input for multifactor productivity studies. The estimates
are in constant-cost (1987 dollars) and current-cost valuations.
Updated annually. Available from BEA:

   Diskette--Accession No. 54-89-40-006, price $240.00 (12
          diskettes).  (Diskettes can be ordered individually for
          $20.00 each; for information call [phone].)

   Computer tape--Accession No. 54-89-00-003, price $100.00.

   2.20 The United Nations System of National Accounts:  An
Introduction (reprint).  Describes the United Nations System of
National Accounts (SNA), which is followed by most other
countries, and contrasts it with the U.S. economic accounts.  The
article also presents estimates prepared by BEA to approximate
some of the major SNA aggregates and describes the revision of
the SNA that is underway.  This article appeared in the June 1990
Survey of Current Business. (1990)  Available upon request from
the BEA Public Information Office.


Government transactions

   3.0 BEA's estimates of government receipts, expenditures, and
surplus or deficit are on a national income and product
accounting basis.The estimates are prepared separately for
Federal and for State and local governments on the same schedule
as that described for the NIPA's. Reconciliations of the Federal
sector on a NIPA basis and the unified budget prepared by the
Office of Management and Budget are the basis for an article in
the Survey of Current Business, usually in February, about
Federal fiscal programs for the next fiscal year, and for
detailed tables in the July issue.  These reconciliations, and
more specialized work such as described in the papers that
follow, facilitate analysis of the effects of government fiscal
policies on the economy. An article on the fiscal position of
State and local governments is usually published in the February
Survey. For further information, write to the Government
Division, BE-57, Bureau of Economic Analysis, U.S. Department of
Commerce, Washington, DC 20230, or call [phone]. For
specific questions, the following telephone numbers may be used:

     Federal ........................... [phone]
     State and local ...................          -0728
     National defense ..................          -3472

   3.1 Government Transactions (NIPA Methodology Paper No. 5).
Presents the conceptual basis and framework of government
transactions in the national income and product accounts,
describes the presentation of the estimates, and details the
sources and methods used to prepare estimates of Federal
transactions and of State and local transactions. (1988)
Available from NTIS:  Accession No. PB 90-118480, price $26.00
(paper copy), $9.00 (microfiche).

   3.2 Cyclical Adjustment of the Federal Budget and Federal
Debt:  Updated Detailed Methodology and Estimates (BEA Staff
Paper No.45).Description of the models that BEA used, prior to
the latest comprehensive revision of the NIPA's, to estimate the
cyclically adjusted Federal budget and inflation-induced changes
in the cyclically adjusted budget.The quarterly data for the
variables in the models and the regression equations underlying
the coefficients are presented. The paper also discusses the
cyclical adjustment of Federal debt and shows some results.
NOTE.--The procedures described in this staff paper have not been
updated to reflect the latest comprehensive revision of the
NIPA's; publication of the estimates in the Survey of Current
Business has been suspended pending this update. (1986)
Available from NTIS:  Accession No. PB 87-157376, price $26.00
(paper copy), $9.00 (microfiche).


Input-output accounts

   4.0 Input-output accounts for the United States show how
industries interact--providing input to, and taking output from,
each other--to produce GNP. Benchmark tables, based largely on
the economic censuses, are prepared every 5 years; the latest
benchmark table is for 1982, and the next will be for 1987.
Annual tables are prepared using basically the same procedures as
used for the benchmark tables, but with less comprehensive and
less reliable source data.  Associated tables showing capital
flows from producing to using industries and employment and
employee compensation by industry are also prepared. The computer
tapes, diskettes, and printouts listed below are for the tables
at the 85-industry level; more detailed tables are also
available.  For further information about this detail or about
the listed computer tapes, diskettes, and printouts, write to the
Interindustry Economics Division, BE-51, Bureau of Economic
Analysis, U.S. Department of Commerce, Washington, DC 20230, or
call [phone]. For specific questions, the following
telephone numbers may be used:

     Benchmark tables .................... [phone]
     Goods-producing industries ..........          -0843
     Services-producing industries .......          -3505
     Annual tables .......................          -0867
     Computer tapes, diskettes, and printouts       -0792


Based on the 1982 benchmark

   4.1 The 1982 Benchmark Input-Output Accounts of the United
States (publication).  This volume contains the use and make
tables and total output multipliers for BEA's 1982 benchmark
input-output (I-O) study at the 541 I-O industry/commodity level
of detail.  Includes discussion of analytical and statistical
uses of data, description of sources and methods, and overview of
industry and commodity classification.  (1991)  Available from
GPO:  Stock No. 003-010-00226-3, price $19.00.

   4.2 1982, 85-Industry Input-Output Tables (computer tape,
diskette, and printout). Five tables:  (1) Use table, (2) make
table, (3) commodity-by-industry direct requirements table, (4)
commodity-by-commodity total requirements table, and (5)
industry-by-commodity total requirements table. (1992) Available
from BEA:

   Computer tape--Accession No. 51-91-00-004, price $100.00.

   Diskette--Accession No. 51-91-40-008, price $20.00.

   Printout--Accession No. 51-91-20-002, price $55.00.


Based on the 1977 benchmark

   4.3 Annual 85-Industry Input-Output Tables Based on the 1977
Benchmark Input-Output Study:  1986 Summary Input-Output Tables
(computer tape, diskette, and printout).  Five tables:  (1) use
tables, (2) make table, (3) commodity-by-industry direct
requirements table, (4) commodity-by-commodity total requirements
table, and (5) industry-by-commodity total requirements table.
(1991) Available from BEA:

   Computer tape--Accession No. 51-91-00-001, price $100.00.

   Diskette--Accession No. 51-91-40-401, price $40.00 (two
          diskettes).  (Diskettes can be ordered
          separately for $20.00 each; please specify
          diskette A for tables 1, 2, and 3 or diskette
          B for tables 4 and 5.)

   Printout--Accession No. 51-91-20-201, price $55.00.

   4.4 Annual 85-Industry Input-Output Tables Based on the 1977
Benchmark Input-Output Study:  1985 Summary Input-Output Tables
(computer tape, diskette, and printout).  Five tables:  (1) Use
table, (2) make table, (3) commodity-by-industry direct
requirements table, (4) commodity-by-commodity total requirements
table, and (5) industry-by-commodity total requirements table.
Available from BEA:

   Computer tape--Accession No. 51-90-00-001, price $100.00.

   Diskette--Accession No. 51-90-40-401, price $40.00 (two
          diskettes).  (Diskettes can be ordered
          separately for $20.00 each; please specify
          diskette A for tables 1, 2, and 3 or diskette
          B for tables 4 and 5.)

   Printout--Accession No. 51-90-20-201, price $55.00.

   4.5 Annual 85-Industry Input-Output Tables Based on the 1977
Benchmark Input-Output Study:  1984 Summary Input-Output Tables
(computer tape, diskette, and printout).  Five tables:  (1) Use
table, (2) make table, (3) commodity-by-industry direct
requirements table, (4) commodity-by-commodity total requirements
table, and (5) industry-by-commodity total requirements table.
Available from BEA:

   Computer tape--Accession No. 51-89-00-002, price $100.00.

   Diskette--Accession No. 51-89-40-402, price $40.00 (two
          diskettes).  (Diskettes can be ordered
          separately for $20.00 each; please specify
          diskette A for tables 1, 2, and 3 or diskette
          B for tables 4 and 5.)

   Printout--Accession No. 51-89-20-202, price $55.00.

   4.6 Annual 85-Industry Input-Output Tables Based on the 1977
Benchmark Input-Output Study:  1983 Summary Input-Output Tables
(computer tape, diskette, and printout). Five tables:  (1) Use
table, (2) make table, (3) commodity-by-industry direct
requirements table, (4) commodity-by-commodity total requirements
table, and (5) industry-by-commodity total requirements table.
Available from BEA:

   Computer tape--Accession No. 51-89-00-001, price $100.00.

   Diskette--Accession No. 51-89-40-401, price $40.00 (two
          diskettes). (Diskettes can be ordered
          separately for $20.00 each; please specify
          diskette A for tables 1, 2, and 3, or
          diskette B for tables 4 and 5.)

   Printout--Accession No. 51-89-20-201, price $55.00.

   4.7 Annual 85-Industry Input-Output Tables Based on the 1977
Benchmark Input-Output Study:  1982 Summary Input-Output Tables
(computer tape, diskette, and printout). Five tables:  (1) Use
table, (2) make table, (3) commodity-by-industry direct
requirements table, (4) commodity-by-commodity total requirements
table, and (5) industry-by-commodity total requirements table.
Available from BEA:

   Computer tape--Accession No. 51-88-00-001, price $100.00.

   Diskette--Accession No. 51-88-40-401, price $40.00 (two
          diskettes).  (Diskettes can be ordered
          separately for $20.00 each; please specify
          diskette A for tables 1, 2, and 3 or diskette
          B for tables 4 and 5.)

   Printout--Accession No. 51-88-20-201, price $55.00.

   4.8 Annual 85-Industry Input-Output Tables Based on the 1977
Benchmark Input-Output Study:  1981 Summary Input-Output Tables
(computer tape, diskette, and printout). Five tables:  (1) Use
table, (2) make table, (3) commodity-by-industry direct
requirements table, (4) commodity-by-commodity total requirements
table, and (5) industry-by-commodity total requirements table.
Available from BEA:

   Computer tape--Accession No. 51-87-00-003, price $100.00.

   Diskette--Accession No. 51-87-40-409, price $40.00 (two
          diskettes).  (Diskettes can be ordered
          separately for $20.00 each; please specify
          diskette A for tables 1, 2, and 3 or diskette
          B for tables 4 and 5.)

   Printout--Accession No. 51-87-20-218, price $55.00.

   4.9 Annual 85-Industry Input-Output Tables Based on the 1977
Benchmark Input-Output Study:  1980 (Revised) Summary
Input-Output Tables (computer tape, diskette, and printout). Five
tables:  (1) Use table, (2) make table, (3) commodity-by-industry
direct requirements table, (4) commodity-by-commodity total
requirements table, and (5) industry-by-commodity total
requirements table. Available from BEA:

   Computer tape--Accession No. 51-87-00-002, price $100.00.

   Diskette--Accession No. 51-87-40-406, price $40.00 (two
          diskettes).  (Diskettes can be ordered
          separately for $20.00 each; please specify
          diskette A for tables 1, 2, and 3 or diskette
          B for tables 4 and 5.)

   Printout--Accession No. 51-87-20-212, price $55.00.





Regional Economics

   BEA's regional economics program provides estimates, analyses,
and projections by region, State, metropolitan area, and county.

   5.1 BEA Reports:  Regional Reports (EBB, news release).
Reports (usually six a year) with summary estimates of State
personal income (quarterly and annual) and of county and
metropolitan area personal income (annual).  Reports are
available online through the EBB (see entry no. 1.2).  (The EBB
carries, in addition to the news release, estimates of personal
income by State and by county and earnings and wages by industry
and by State.)  The printed reports are mailed the day after
estimates are released.  (This set of reports is included in the
five sets of BEA Reports; see entry no. 1.3.)  These printed
regional reports are available from BEA on a subscription basis:
Accession No. 53-91-11-017, price $12.00 per year.


Regional estimates

   6.0  Current quarterly State personal income estimates are
reported in the January, April, July, and October issues of the
Survey of Current Business. The annual estimates of State and
local area personal income for a given year are subject to
successive refinement.  Preliminary annual State estimates, based
on the current quarterly series, are released 4 months after the
close of the reference year and published in the April Survey of
Current Business.  Revised annual estimates based on more
reliable source data are published in the August Survey. These
estimates are subsequently revised to incorporate newly available
information used to prepare the current local area estimates. The
revised State estimates, together with the current local area
estimates, are published in the following April Survey. The
annual estimates emerging from this process are subject to
further revision for several succeeding years (the State
estimates in April and August and the local area estimates in
April), as additional data become available. The routine
revisions of the State estimates for a given year are normally
completed with the fourth April release.  After that, the
estimates will be changed only to incorporate a comprehensive
revision in the national income and product accounts, which takes
place approximately every 5 years, or to make important
improvements to the estimates through the use of additional or
more current State and local area data.
   Estimates of personal income and employment by State,
metropolitan area, and county are available through the Regional
Economic Information System (REIS).  The system includes an
information retrieval service that provides a variety of
analytical tabulations for counties and combinations of counties.
All of the tabulations are available in several media.  BEA also
makes its regional estimates available through the BEA User
Group, members of which include State agencies, universities, and
Census Bureau Primary State Data Centers.  BEA provides its
estimates of income and employment for all States and counties to
these organizations with the understanding that they will make
the estimates readily available.  For further information, write
to the Regional Economic Measurement Division, BE-55, Bureau of
Economic Analysis, U.S. Department of Commerce, Washington, DC
20230, or call [phone]. For specific questions, the
following telephone numbers may be used:

     Quarterly State personal income..............[phone]
     Wage and salary income and employment .......        -7703
     Proprietors' income and employment ..........        -6634

   6.1 Regional Economic Information System(REIS) CD-ROM, 1969-90
(CD-ROM).  Estimates of annual personal income by major source,
per capita personal income, earnings by two-digit SIC industry,
full- and part-time employment by one-digit SIC industry,
regional economic profiles, transfer payments by major program,
and farm income and expenses for States, metropolitan areas, and
counties.  The CD-ROM contains over 450 megabytes of data and
documentation.  All the estimates are stored as ASCII files that
can be accessed in either sequential or random mode.  The package
includes a REIS program, on a separate floppy disk, that allows
the user to display, print, or copy one or more of the standard
tables from the historical personal income series.
   In addition, the CD-ROM includes BEA estimates of quarterly
personal income by State (1969:I-1991:IV) and Census Bureau data
on intercounty flows for 1960, 1970, and 1980.  New on this
year's disc are BEA's latest gross state product estimates for
1977-89; its projections to 2040 of income and employment for
States and metropolitan areas; and total commuters' income flows,
1969-90.  These additional data, though not accessible through
BEA's REIS program, are in fixed-length record formats and are
easily imported into spreadsheet or database applications.
Updated annually. (May 1992)  Available from BEA:  Accession No.
55-90-30-599, price $35.00.

   6.2  Local Area Personal Income, 1984-89 (publication). A
publication that presents personal income by major type of
payment, earnings by major industry, population, and total and
per capita personal income for States, metropolitan areas, and
counties. (1991) Available from GPO:

     Volume 1. Summary:  Regions, States, and Metropolitan Areas.
          Estimates for the United States, regions,
          States, and metropolitan areas. Also contains
          county definitions of metropolitan areas, a
          detailed description of sources and methods,
          and samples of tables available. GPO Stock
          No. 003-010-00216-6, price $15.00.

     Each of the following volumes provides a methodology
          and estimates for the listed States and their
          counties and metropolitan areas.

     Volume 2. New England, Mideast, and Great Lakes Regions.
          (Connecticut, Delaware, District of Columbia,
          Illinois, Indiana, Maine, Maryland,
          Massachusetts, Michigan, New Hampshire, New
          Jersey, New York, Ohio, Pennsylvania, Rhode
          Island, Vermont, and Wisconsin) GPO Stock No.
          003-010-00217-4, price $16.00.

      Volume 3. Plains Region. (Iowa, Kansas, Minnesota,
          Missouri, Nebraska, North Dakota, and South
          Dakota) GPO Stock No.003-010-00218-2, price
          $12.00.

      Volume 4. Southeast Region. (Alabama, Arkansas, Florida,
          Georgia, Kentucky, Louisiana, Mississippi,
          North Carolina, South Carolina, Tennessee,
          Virginia, and West Virginia) GPO Stock No.
          003-010-00219-1, price $18.00.

     Volume 5. Southwest, Rocky Mountain, and Far West
               Regions and Alaska and Hawaii.
               (Alaska, Arizona, California,
               Colorado, Hawaii, Idaho, Montana,
               Nevada, New Mexico, Oklahoma,
               Oregon, Texas, Utah, Washington,
               and Wyoming) GPO Stock No.
               003-010-00220-4, price $16.00.


Special-order regional products . . .

  6.3  Regional Income and Employment.  The products listed in
section 6.3 must be special-ordered from BEA for the specific
area(s) needed.  Items 6.3.1 through 6.3.12 are for the United
States, regions, and States.  Items 6.3.13 through 6.3.24 are for
the United States, States, metropolitan areas, and counties and
will be available in May 1992.  All items are available on
several media and can be purchased for a single area (a county, a
metropolitan area, a State), for groups of areas (several
counties, several metropolitan areas, all counties in a State,
several States), or for all counties or all States in the United
States.  Some items are available online through the EBB (see
entry no. 1.2).  Before placing an order, write to the Regional
Economic Measurement Division, REIS, BE-55, Bureau of Economic
Analysis, Washington DC 20230, or call [phone] for
accession numbers, prices, and availability.  Call the same
number to place charge orders using MasterCard or VISA.


. . . For regions and States

   6.3.1 Quarterly Personal Income, 1969-91 (EBB, printout).
Total personal income by quarter for the United States, regions,
and States. (1992)

   6.3.2 Quarterly Personal Income by Major Source and Earnings
by Industry, 1969-91 (EBB, computer tape, printout, diskette).
Major sources of personal income and earnings by one-digit SIC
industry by quarter for the United States, regions, and States.
(1992)

   6.3.3 Quarterly Wages and Salaries by Major Source and Major
Industry, 1969-91 (EBB, computer tape, printout, diskette).  Wage
and salary disbursements by one-digit SIC industry by quarter for
the United States, regions, and States. (1992)

   6.3.4 Personal Income, Per Capita Personal Income, and Total
Population, 1929-90 (EBB, computer tape, printout, diskette).
Total and per capita personal income and population annually for
the United States, regions, and States. (1991)

   6.3.5 Personal Income by Major Source and Earnings by
Industry, 1958-90 (EBB, computer tape, printout, diskette).
Major sources of personal income and earnings by two-digit SIC
industry annually for the United States, regions, and States.
(1991)

   6.3.6 Wage and Salary Disbursements by Industry, 1958-90 (EBB,
computer tape, printout, diskette).  Wages and salaries by
two-digit SIC industry annually for the United States, regions,
and States. (1991)
_________________________________________________________________

The items in section 6.3 must be special-ordered.  Refer to the
text at the beginning of section 6.3 for instructions.
_________________________________________________________________

   6.3.7 Full-Time and Part-Time Employment by Industry, 1969-90
(computer tape, printout, diskette).  Total employment by place
of work by two-digit SIC industry annually for the United States,
regions, and States. (1991)

   6.3.8 Full-Time and Part-Time Wage and Salary Employment by
Industry, 1969-90 (computer tape, printout, diskette).  Wage and
salary employment by place of work by two-digit SIC industry
annually for the United States, regions, and States. (1991)

   6.3.9 Transfer Payments, 1958-90 (computer tape, printout,
diskette).  Transfer payments by type annually for the United
States, regions, and States. (1991)

   6.3.10 Farm Income and Expenses, 1969-90 (computer tape,
printout, diskette).  Major categories of farm income and
expenses and gross and net farm income aggregates annually for
the United States, regions, and States. (1991)

   6.3.11 Personal Tax and Nontax Payments, 1958-90 (computer
tape, printout, diskette).  Personal tax and nontax payments by
level of government and by type of payment (includes total and
per capita disposable personal income and population) annually
for the United States, regions, and States. (1991)

   6.3.12 Disposable Personal Income, Per Capita Disposable
Personal Income, and Total Population, 1948-90 (EBB, printout,
diskette).  Total and per capita disposable personal income and
population annually for the United States, regions, and States.
(1991)


. . . For States, metropolitan areas, and counties

   6.3.13 Personal Income, Per Capita Personal Income, and Total
Population, 1969-90 (EBB, computer tape, printout, diskette).
Total and per capita personal income and population annually for
the United States, States, metropolitan areas, and counties. (May
1992)
________________________________________________________________

The items in section 6.3 must be special-ordered.  Refer to the
text at the beginning of section 6.3 for instructions.
________________________________________________________________

   6.3.14 Per Capita Personal Income Ranking, 1990 (printout).
Ranking in the United States and in regions (highest and lowest
250 counties). (May 1992)  Available from BEA:

   Printout--Accession No. 55-90-20-541, price $20.00.  Rankings
          among all counties.

   Printout--Accession No. 55-90-20-542, price $20.00.  Rankings
          among counties with total personal incomes
          greater than $50 million.

   6.3.15 Personal Income by Major Source and Earnings by Major
Industry, 1969-90 (computer tape, printout, diskette).  Major
sources of personal income and earnings by one-digit SIC industry
annually for the United States, States, metropolitan areas, and
counties. (May 1992)

   6.3.16 Personal Income by Major Source and Earnings by
Industry, 1969-90 (computer tape, printout). Major sources of
personal income and earnings by two-digit SIC industry annually
for the United States, States, metropolitan areas, and counties.
(May 1992)

   6.3.17  Full-Time and Part-Time Employment by Major Industry,
1969-90 (computer tape, printout, diskette). Total employment by
one-digit SIC industry annually for the United States, States,
metropolitan areas, and counties. (May 1992)

   6.3.18 Regional Economic Profile, 1969-90 (computer tape,
printout). Summary of income and employment by place of work and
residence annually for the United States, States, metropolitan
areas, and counties. (May 1992)

   6.3.19 Total Wages and Salaries, Total Wage and Salary
Employment, and Average Wage Per Job, 1969-90 (computer tape,
printout, diskette).  Annually for the United States, States,
metropolitan areas, and counties. (May 1992)

   6.3.20 Transfer Payments, 1969-90 (computer tape, printout,
diskette).  Transfer payments by type annually for the United
States, States, metropolitan areas, and counties. (May 1992)

   6.3.21 Farm Income and Expenses, 1969-90 (computer tape,
printout, diskette). Major categories of farm income and expenses
and gross and net farm aggregates annually for the United States,
States, and counties. (May 1992)
_______________________________________________________________

The items in section 6.3 must be special-ordered.  Refer to the
text at the beginning of section 6.3 for instructions.
________________________________________________________________

   6.3.22 BEARFACTS, 1989-90 or 1980-90 (printout, diskette).
One-page computer-generated narrative.  Describes an area's
personal income using current estimates, growth rates, and a
breakdown of the sources of personal income for that area for
States, metropolitan areas, and counties. (May 1992)

   6.3.23 Journey-To-Work, 1960, 1970, 1980 (computer tape,
printout, diskette).  Data on commuting flows to and from
counties from decennial census:  By place of work or by place of
residence. (1980)

   6.3.24 Total Commuters' Income Flows, 1969-90 (computer tape,
printout, diskette).  Total gross commuters' income flows
(inflows and outflows) annually for all counties. (May 1992)


Regional analyses and projections

   7.0  BEA prepares analyses to identify and measure factors
that determine area differences in total and per capita income
and in industry employment and output.  Long-term projections of
personal income, employment, and earnings by industry are
prepared for all States and metropolitan areas every 5 years and
for selected States and areas in other years. BEA maintains
mid-term regional econometric models to forecast annual changes
in economic activity and to analyze the impacts of projects and
programs.  In conjunction with the projections work, BEA has
developed estimates of gross state product. These estimates,
prepared by industry, supplement the estimates of personal income
described in program description 6.0.  For further information,
write to the Regional Economic Analysis Division, BE-61, Bureau
of Economic Analysis, U.S. Department of Commerce, Washington, DC
20230, or call [phone]. For specific questions, the
following telephone numbers may be used:

   Long-term regional projections ............ [phone]
   Mid-term regional projections .............          -0943
   Regional input-output multipliers .........          -0586
   Gross state product by industry ...........          -9180

   7.1 Revised Gross State Product, Annual Estimates, 1977-89
(EBB, computer tape, diskette, CD-ROM). These estimates are the
State equivalent of GDP and provide the most comprehensive
measure of State production now available. Gross state product is
measured in current dollars as the sum of four components for
each industry:  Compensation of employees; proprietors' income
with inventory valuation adjustment and capital consumption
allowances; indirect business tax and nontax liability; and
other, mainly capital-related, charges.  The estimates are for
the 50 States, eight BEA regions, and the United States, and for
61 industries. Estimates are in current and constant (1982)
dollars.  Summary estimates were published in the December 1991
Survey of Current Business. (1991) Available online through the
EBB (see entry no. 1.2) and on CD-ROM (see entry no. 6.1).
Computer tape and diskettes available from BEA:

   Computer tape--Accession No. 61-91-00-420, price $100.00.

   Diskette--Accession No. 61-91-40-499, price $60.00 (3
          diskettes).  (Also available to users who
          require estimates for specific States at
          $20.00 per diskette; for information, call
          [phone].)

   7.2 Experimental Estimates of Gross State Product by Industry
(BEA Staff Paper No. 42).  A description of the issues and
methodology for preparing estimates of gross state product--the
State equivalent of GDP.  The estimates are consistent with BEA's
State personal income and with GNP by industry.  (The estimates
published in this paper have been superseded; see entry no. 7.1.)
(1985) Available from NTIS:  Accession No. PB 85-240885, price
$26.00 (paper copy), $9.00 (microfiche).

   7.3 Regional Multipliers:  A User Handbook for the Regional
Input-Output Modeling System (RIMS II) (publication). An
explanation of how to use regional input-output multipliers, by
industry, for output, earnings, and employment.  Includes
information on how to perform systematic analyses of the regional
economic impacts of projects and programs. Also contains
multipliers for all States from RIMS II, sample tables of
input-output multipliers, and hypothetical case studies.  Revised
multipliers are now being prepared and will be presented in a
publication from GPO in the spring of 1992.
_________________________________________________________________

Need Help? Try An Index!

Survey of Current Business:

     Subject Index--in every June and December issue.
     NIPA Index--just after the NIPA tables in the January 1992
          issue.
     S-Pages Index--at the back of the S-pages in every issue.
     C-Pages Index--page C-47 of the October 1991 issue.
_________________________________________________________________

   7.4 BEA Regional Projections to 2040 (publication, diskette,
CD-ROM). Estimates for 1973, 1979, 1983, and 1988, and
projections for 1995, 2000, 2005, 2010, 2020 and 2040 for total
personal income, population, per capita personal income, and
employment and earnings by industry for the United States, BEA
regions, States, metropolitan statistical areas, and BEA economic
areas.  Available on CD-ROM (see entry no. 6.1). (1990)
Available in other media, as follows:

   Volume 1. States.
      Publication--Available from GPO: Stock No. 003-010-00199-2,
          price $7.50.
      Diskette--Available from BEA:  Accession No. 61-90-40-201,
          price $40.00 (two diskettes).

   Volume 2. Metropolitan Statistical Areas.
      Publication--Available from GPO: Stock No. 003-010-00211-5,
          price $17.00.
      Diskette--Available from BEA:  Accession No. 61-90-40-202,
          price $40.00 (two diskettes).

   Volume 3. BEA Economic Areas.
      Publication--Available from GPO: Stock No.003-010-00212-3,
          price $10.00.
      Diskette--Available from BEA:  Accession No. 61-90-40-203,
          price $40.00 (two diskettes).


International Economics

   BEA's international economics program encompasses the
international transactions accounts (balance of payments) and the
direct investment estimates.  The international transactions
accounts, which measure U.S.transactions with foreign countries,
include merchandise trade, trade in services, the current-account
balance, and capital transactions. The direct investment
estimates cover estimates of U.S. direct investment abroad and
foreign direct investment in the United States, income and other
flows associated with these investments, and other aspects of the
operations of multinational enterprises.

  8.1 BEA Reports:  International Reports (EBB, news release).
Reports (usually 13 a year) with summary estimates of merchandise
trade, balance of payments basis (quarterly); summary of
international transactions (quarterly); international investment
position (annual); capital spending by majority-owned foreign
affiliates (semiannual); direct investment (annual); and related
topics.  Reports are available online through the EBB (see entry
no. 1.2).  Printed reports are mailed the day after estimates are
released. (This set of reports is included in the five sets of
BEA Reports; see entry no. 1.3.).  The printed international
reports are available from BEA on a subscription basis:
Accession No. 53-91-11-018, price $26.00 per year.


U.S. international transactions

   9.0  The international transactions accounts provide a
detailed and comprehensive view of economic transactions between
the United States and foreign countries. The accounts include
estimates of merchandise exports and imports; travel,
transportation, and other services; foreign aid; and private and
official capital flows, including direct investment.
(Information about direct investment and international services
is provided in program description 10.0.) Current estimates,
including estimates of merchandise trade on a balance of payments
basis, are reported in the March, June, September, and December
issues of the Survey of Current Business. Estimates include
detail for the current and capital accounts, classified by type
of transaction and by area. Each June, estimates for the last 4
years are revised.  Estimates of the international investment
position of the United States appear in June. For further
information, write to the Balance of Payments Division, BE-58,
Bureau of Economic Analysis, U.S.Department of Commerce,
Washington, DC 20230, or call [phone].  For specific
questions, the following telephone numbers may be used:

   Current-account analysis .................... [phone]
   Current-account estimates ...................          -0625
   Merchandise trade ...........................          -0668
   Capital-account transactions ................          -0603
   Government transactions .....................          -0615

A recorded telephone message summarizing key estimates of
merchandise trade or U.S. international transactions, whichever
is the more recent release, is available at [phone] (see
entry no. 1.1).

   9.1  U.S. Merchandise Trade Data (printout, diskette).
Seasonally adjusted and unadjusted exports and imports for the
end-use categories used by BEA to derive trade totals on a Census
basis.  Series begin in 1979.  Updated monthly or quarterly.
Available from BEA on a subscription basis:

     U.S. Merchandise Trade Data, Monthly.

       Printout--Accession No. 58-86-21-201, price $100.00 per
          year.
       Diskette--Accession No. 58-86-41-401, price $200.00 per
          year.

     U.S. Merchandise Trade Data, Quarterly.  Also includes, on a
          balance of payments basis, exports of
          agricultural products, nonagricultural
          products, and nonmonetary gold, and imports
          of petroleum and products, nonpetroleum
          products, and nonmonetary gold.

       Printout--Accession No. 58-86-21-202, price $40.00 per
          year.
       Diskette--Accession No. 58-86-41-402, price $80.00 per
          year.

   9.2 U.S. Merchandise Trade:  Exports and Imports by End-Use
Category, Monthly (computer tape). Monthly end-use detail (not
seasonally adjusted) on a Census basis for exports and imports
for 70 countries and areas.  Series begin in 1978.  Updated
monthly.  Available from BEA:

     U.S. Merchandise Exports, Monthly.  Accession No.
          58-86-01-001,  price $100.00.
     U.S. Merchandise Imports, Monthly.  Accession No.
          58-86-01-002, price $100.00.

   9.3  U.S. Merchandise Trade:  Exports and Imports by End-Use
Category, Quarterly (computer tape).  Quarterly end-use detail
(not seasonally adjusted) on a Census basis for exports and
imports for 70 countries and areas.  Series begin in 1978.
Updated quarterly.  Available from BEA:

     U.S. Merchandise Exports, Quarterly.  Accession No.
          58-86-01-003,  price $100.00.
     U.S. Merchandise Imports, Quarterly.  Accession No.
          58-86-01-004,  price $100.00.

   9.4  U.S. Merchandise Trade:  Exports and Imports by End-Use
Category, Annually (computer tape, printout).  Annual end-use
detail on a Census basis for exports and imports for 70 countries
and areas.  Series begin in 1978.  Updated annually.  Available
from BEA:

     U.S. Merchandise Exports, Annually.
          Computer tape---Accession No.58-86-01-005, price
               $100.00.
          Printout---Accession No. 58-86-21-103, price $55.00.
     U.S. Merchandise Imports, Annually.
          Computer tape---Accession No.58-86-01-006, price
               $100.00.
          Printout---Accession No. 58-86-21-104, price $55.00.

   9.5  Status Report on Statistical and Methodological
Improvements in the U.S. Balance of Payments Statistics (BEA
Working Paper No. 6).   Reviews major problems, such as timing
and coverage, in the balance of payments accounts; describes
statistical and methodological improvements BEA has undertaken
to resolve some of the problems; and discusses projects for
future improvements.  (1988)  Available from BEA:  Accession No.
53-88-10-002, price $5.00.

   9.6 The Balance of Payments of the United States:  Concepts,
Data Sources, and Estimating Procedures (publication).  Describes
in detail the methodology used in constructing the balance of
payments estimates for the United States.  Explains underlying
principles and describes the presentation of the estimates.
Includes a comprehensive list of data sources. (1990)  Available
from GPO:  Stock No. 003-010-00204-2, price $8.50.

 NOTE.---For a discussion of the relationship between foreign
transactions estimates in the balance of payments accounts and
those in the national income and product accounts, see entry no.
2.10.


Direct investment and international services

   10.0  BEA conducts quarterly, annual, and benchmark surveys of
U.S. direct investment abroad and of foreign direct investment in
the United States.  The information collected relates to the
direct investment position and flows of capital, income,
royalties and license fees, and other service charges between
parent companies and affiliates; capital expenditures by
majority-owned foreign affiliates of U.S. companies; the
financial structure and operations of U.S. parent companies and
their foreign affiliates; the financial structure and operations
of U.S. affiliates of foreign companies; and U.S. business
enterprises acquired or established by foreign direct investors.
Summary information on the annual and quarterly surveys usually
appears in the Survey of Current Business on the following
schedule:

   Foreign direct investment in the United States:

     -The position and balance of payments flows, in June, with
          additional detail in August.
     -Operations of U.S. affiliates of foreign companies, in
          May (July for 1989-91 issues).
     -U.S. business enterprises acquired or established by
          foreign direct investors, in May.

   U.S. direct investment abroad:

     -The position and balance of payments flows, in June,
          with additional detail in August.
     -Operations of U.S. parent companies and their
          foreign affiliates, in June (October for 1991 issue and
          August for 1992 issue).
     -Capital expenditures by majority-owned foreign affiliates
          of U.S. companies, in March and September.

   The information BEA provides on U.S. international sales and
purchases of services covers cross-border (balance of
payments)services transactions, sales of services abroad by
nonbank majority-owned foreign affiliates of U.S. companies, and
sales of services in the United States by nonbank majority-owned
U.S.affiliates of foreign companies.  The information on
cross-border services transactions is derived from a variety of
sources, including BEA surveys, surveys of other Government
agencies, and non-Government sources.  The information on sales
of services by affiliates is obtained from BEA's benchmark and
annual direct investment surveys.  Since 1990, the data on
international services have been published in a detailed and
unified format in the September issue of the Survey.
   For further information on direct investment and international
services, write to the International Investment Division, BE-50,
Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, DC 20230, or call [phone]. For specific
questions, the following telephone numbers may be used:

   Foreign direct investment in the United States..[phone]
   International services .........................         -0646
   Operations of U.S. parent companies and their foreign
          affiliates ..............................         -3451
   Operations of U.S. affiliates of foreign companies       -0641
   U.S. direct investment abroad ..................         -3451


Foreign direct investment in the United States

   10.1  Foreign Direct Investment in the United States:
Operations of U.S. Affiliates of Foreign Companies (publication,
diskette). The most detailed results of BEA's annual survey of
foreign direct investment in the United States (only summary
information appears in articles in the Survey of Current
Business). Contains information on the financial structure and
operations of nonbank U.S. affiliates of foreign direct
investors. Data are classified by industry of U.S. affiliate, by
country and industry of ultimate beneficial owner, and, for
selected data, by industry of sales and by State. Preliminary
estimates from annual surveys are released as soon as possible;
revised estimates are released one year later.  Available as
follows:

  Foreign Direct Investment in the United States:  Operations of
     U.S. Affiliates of Foreign Companies, Preliminary 1989
     Estimates. (1991)
          Publication---Available from GPO:  Stock No.
               003-010-00223-9, price $5.00.
          Diskette---Available from BEA:  Accession No.
               50-91-40-402, price $20.00.

   Foreign Direct Investment in the United States:  Operations of
     U.S. Affiliates of Foreign Companies, Revised 1988
     Estimates. (1991)
          Publication---Available from GPO:  Stock No.
               003-010-00224-7, price $5.00.
          Diskette---Available from BEA:  Accession No.
               50-91-40-401, price $20.00.

   NOTE.---The annual survey publication for 1987 has been
     replaced by the publication for the 1987 benchmark survey of
     foreign direct investment in the United States.  (See entry
     no. 10.2.)

   Foreign Direct Investment in the United States:  Operations of
     U.S. Affiliates of Foreign Companies, Revised 1986
     Estimates. (1989)
          Publication---Available from GPO:  Stock No.
               003-010-00190-9, price $3.25.
          Diskette---Available from NTIS:  Accession No.
               PB 90-114083, price $19.00 (paper
               copy), $9.00 microfiche.

   10.2 Foreign Direct Investment in the United States, 1987
Benchmark Survey, Final Results (publication, diskette).  The
final results of BEA's 1987 benchmark survey of foreign direct
investment in the United States. Benchmark surveys are BEA's most
comprehensive surveys, both in terms of companies covered and
information gathered.  Contains information on the financial
structure and operations of the U.S. affiliates of foreign direct
investors in 1987.  Data are classified by industry of U.S.
affiliate, by country and industry of foreign parent or ultimate
beneficial owner, and, for selected data, by industry of sales
and by State. (1990) Available as follows:

     Publication---Available from GPO:  Stock No.
          003-010-00210-7, price $14.00.
     Diskette---Available from BEA:  Accession No. 50-90-40-401,
          price $60.00 (three diskettes).

   10.3 Foreign Direct Investment in the United States:
Establishment Data for 1987 (publication).  This will be the
first publication in a new annual series that will present
detailed results from linking BEA's data for foreign-owned U.S.
business enterprises to the Census Bureau's data for the
establishments (or plants) of those enterprises.  Detailed
estimates of the number, employment, payroll, and shipments or
sales of foreign-owned U.S. establishments and, for comparative
purposes, of all U.S. establishments, will be presented.  Data
will be classified by detailed industry (4-digit SIC), by country
of the ultimate beneficial owner of the investment, and by State.
The BEA-Census data link project was mandated by the Foreign
Direct Investment and International Financial Data Improvements
Act of 1990, which authorized BEA to access confidential Census
Bureau data for purposes of the link.  Now being prepared:
Should be available from GPO in the summer of 1992.

   10.4 Foreign Direct Investment in the United States:  Balance
of Payments and Direct Investment Position Estimates, 1980-86
(publication).  Contains final estimates of the foreign direct
investment position in the United States and balance of payments
transactions between foreign parent groups and their U.S.
affiliates for 1980--86.  Includes estimates by country of
foreign parent and industry of U.S.affiliate. (1990) Available
from GPO:  Stock No. 003-010-00215-8, price $3.00.

   10.5 Foreign Direct Investment in the United States:  Direct
Investment Position and Related Capital and Income Flows
(diskette).  Annual estimates of the foreign direct investment
position in the United States and selected capital and income
flows between U.S.affiliates and their foreign parent companies.
Available from BEA:

   1987-90:  Accession No. 50-91-40-606, price $20.00.
   1980-86:  Accession No. 50-91-40-605, price $20.00.

   10.6 U.S. Business Enterprises Acquired or Established by
Foreign Direct Investors, Supplementary Tables (tables,
diskette). The results of BEA's survey of new foreign direct
investments in the United States.  Summary tables appeared in the
May 1991 Survey of Current Business article.  This set of
supplementary tables contains additional detail for 1987--90 on
the number of investments and investors, investment outlays, and
selected operating data of the U.S. business enterprises acquired
or established. (1991)  Comparable tables for 1980--86 are also
available.  Available from BEA:

   1987-90:  Tables--Accession No. 50-91-20-105, price $10.00.
             Diskette--Accession No. 50-91-40-405, price $20.00.

   1980-86:  Tables---Accession No. 50-89-20-106, price $18.00.
             Diskette---Accession No. 50-89-40-406, price $20.00.

   10.7 Foreign Direct Investment in the United States:  Gross
Product of Nonbank U.S. Affiliates, 1977-87 (tables).  Presents,
by industry of U.S. affiliate and by country of ultimate
beneficial owner, estimates of U.S. affiliates' gross product.
(1989)  Available from BEA:  Accession No. 50-89-20-107, price
$10.00.

   10.8 A Guide to BEA Statistics on Foreign Direct Investment in
the United States (reprint).  Explains the types of data on
foreign direct investment in the United States that are collected
and published by BEA and clarifies the differences between those
data sets.  This article appeared in the February 1990 Survey of
Current Business. (1990)  Available upon request from the
International Investment Division.




U.S. direct investment abroad

   10.9 U.S. Direct Investment Abroad:  1989 Benchmark Survey,
Preliminary Results (publication, diskette). Preliminary results
of BEA's 1989 benchmark survey of U.S. direct investment abroad.
Benchmark surveys are BEA's most comprehensive surveys, both in
terms of companies covered and information gathered. Presents a
detailed account of U.S. direct investment abroad in 1989,
including data on balance sheets; income statements; employment;
employee compensation; U.S. merchandise trade; sales of goods and
services; research and development expenditures; property, plant,
and equipment; and taxes. Data are classified by country and
industry of affiliate and industry of U.S.parent. (1991)
Available as follows:

     Publication--Available from GPO: Stock No. 003-010-00225-5,
          price $5.50.
     Diskette--Available from BEA:  Accession No. 50-91-40-404,
          price $40.00 (two diskettes).

   10.10 U.S. Direct Investment Abroad:  Operations of U.S.
Parent Companies and Their Foreign Affiliates (publication,
diskette). The most detailed results of BEA's annual survey of
the worldwide operations of U.S.multinational companies (only
summary information appears in the Survey of Current Business).
Contains information on the financial structure and operations of
both U.S. parent companies and their foreign affiliates. Data are
classified by country and industry of foreign affiliate and by
industry of U.S.parent.  Preliminary estimates from annual
surveys are released as soon as possible; revised estimates are
released one year later.
   NOTE.---The annual survey publication for 1989 has been
replaced by the publication for the 1989 benchmark survey of U.S.
direct investment abroad (see entry no. 10.9).
   Available as follows:

   U.S. Direct Investment Abroad:  Operations of U.S. Parent
Companies and Their Foreign Affiliates, Revised 1988 Estimates.
(1991)
     Publication--Available from NTIS:  Accession No.
       PB 92-101583, price $19.00 (paper copy), $9.00
       (microfiche).
     Diskette--Available from BEA:  Accession No. 50-91-40-403,
       price $20.00.

   U.S. Direct Investment Abroad:  Operations of U.S. Parent
Companies and Their Foreign Affiliates, Revised 1987 Estimates.
(1990)
     Publication--Available from NTIS:  Accession No.
       PB 90-258898, price $19.00 (paper copy), $9.00
       (microfiche).
     Diskette--Available from BEA:  Accession No. 50-90-40-403,
       price $20.00.

   U.S. Direct Investment Abroad:  Operations of U.S. Parent
Companies and Their Foreign Affiliates, Revised 1986 Estimates.
(1989)
     Publication--Available from NTIS:  Accession No.
        PB 90-114125, price $19.00 (paper copy), $9.00
        (microfiche).
     Diskette--Available from BEA:  Accession No. 50-89-40-403,
        price $20.00.

   10.11  U.S. Direct Investment Abroad:  Balance of Payments and
Direct Investment Position Estimates, 1977-81 (publication).
Contains final estimates of the U.S. direct investment position
abroad and balance of payments transactions between U.S. parent
companies and their foreign affiliates for 1977-81.  Includes
estimates by country and industry of foreign affiliate. (1987)
Available from BEA:  Accession No. 50-86-10-150, price $5.00.

   10.12  U.S. Direct Investment Abroad, Country by Industry
Estimates, 1950-90 (computer tape).  Annual estimates of the U.S.
direct investment position abroad and of selected capital and
income flows between U.S.parent companies and their foreign
affiliates.  Estimates are for 56 countries by 7 industries  for
1950-65, 56 countries by 14 industries for 1966-76, 76 countries
by 15 industries for 1977-81, and 80 countries by 15 industries
for 1982-90.  Available from BEA:  Accession No. 50-91-00-666,
price $100.00.

   10.13  U.S.International Sales and Purchases of Services
(reprint).  Presents information on services in a more detailed
and unified format than has been available previously.  Includes
data on cross-border transactions in services (for 1987-90) and
on sales of services by foreign affiliates of U.S. companies and
by U.S. affiliates of foreign companies (for 1988-89).  This
article appeared in the September 1991 Survey of Current
Business; data are updated annually. (1991)  Available upon
request from the International Investment Division.



Other Tools for Measuring, Analyzing, and Forecasting

   BEA's work on economic accounts is supplemented by various
other tools for measuring, analyzing, and forecasting economic
developments.These include a system of business cycle indicators
and a set of estimates relating to the environment.

Business cycle indicators

   11.0  BEA maintains a system of indicators to track business
cycles. The system features the composite indexes of leading,
coincident, and lagging indicators. The data base includes series
classified as cyclical indicators (because they conform well to
broad fluctuations in economic activity), as well as other series
useful in interpreting the economic situation and outlook.  Each
month preliminary values of the three composite indexes for the
latest month and revised values for the 5 preceding months are
released.  Once a year, in the fall, the composite indexes are
recalculated for recent years to incorporate historical revisions
in component data.  Information on composite indexes appears each
month in the Business Cycle Indicators section (C-pages) of the
Survey of Current Business.For further information, write to the
Business Outlook Division, BE-52, Bureau of Economic Analysis,
U.S. Department of Commerce, Washington, DC 20230, or call
[phone]. A recorded telephone message at [phone]
provides current data for the composite indexes (and the leading
index components)immediately upon their release. The message is
updated weekly, usually on Monday, to  include recently available
component data that will be incorporated into the next release
(see entry no. 1.1).

   11.1 BEA Reports:  Composite Indexes of Leading, Coincident,
and Lagging Indicators (EBB, news release). Monthly reports with
summary estimates of the composite indexes.  Reports are
available online through the EBB (see entry no. 1.2). Printed
reports are mailed the day after estimates are released. (This
set of reports is included in the five sets of BEA Reports; see
entry no. 1.3.) The printed composite index reports are available
from BEA on a subscription basis:  Accession No. 53-91-11-016,
price $24.00 per year.

   11.2 Cyclical Indicators Methodology (reprint). Reprints of
two articles that appeared in the Survey of Current Business.
"Composite Indexes of Leading, Coincident, and Lagging
Indicators" from the November 1987 issue summarizes the selection
and classification of the composite index components and the
method of construction of the indexes. "Business Cycle
Indicators:  Revised Composite Indexes" from the January 1989
issue describes the changes in components, the changes in
methodology for computing the indexes, the updating of seasonal
factors, and the historical revisions in component data that were
incorporated in the March 1989 revision of the composite indexes.
Also includes selected other information.  (1989)  Available from
BEA:  Accession No. 52-90-10-301, price $10.00.

   11.3 Business Cycle Indicators Current Data (EBB, diskette,
printout). Data for the last 4 calendar years (plus data for
earlier years if revised)for all series in the Business Cycle
Indicators (C-pages) section of the Survey of Current Business.
Includes data for about 270 series; most are monthly series.
Updated monthly. Available online through the EBB (see entry no.
1.2).  Diskettes and printouts are available from BEA on a
subscription basis:
   Diskette---Accession No. 52-86-41-401, price $200.00 per year.
   Printout---Accession No. 52-88-21-201, price $100.00 per year.

   11.4 Business Cycle Indicators Historical Data (EBB,
diskette). Historical data (from 1945, when available, to the
present) for all series in the Business Cycle Indicators
(C-pages) section of the Survey of Current Business (about 270
series). Updated monthly.  Available online through the EBB (see
entry no.1.2).  Diskettes are available from BEA:  Accession No.
52-86-40-402, price $40.00 (two diskettes).


Environmental estimates

   12.0  BEA maintains a set of annual current- and
constant-dollar estimates of capital expenditures and operating
costs for pollution abatement and control. These estimates, which
are prepared within the framework of the national income and
product accounts, are classified by sector (consumers, business,
and government) and by element of the environment affected (air,
land, and water). The most recent Survey of Current Business
article reporting the capital expenditures appeared in November
1988, and the most recent article reporting the total
expenditures (including operating costs)appeared in November
1991. For further information, write to the Environmental
Economics Division, BE-62, Bureau of Economic Analysis, U.S.
Department of Commerce, Washington, DC 20230, or call (202)
523-0687. For specific questions, the following telephone numbers
may be used:

   Total expenditures..................  [phone]
   Capital expenditures................           -0889

    12.1 BEA Reports:  Pollution Abatement and Control
Expenditures (EBB, news release). News release on annual
pollution abatement and control expenditures.  Available online
through the EBB (see entry no. 1.2). Printed release available by
calling or writing the Environmental Economics Division.

   12.2 Stocks and Underlying Data for Air and Water Pollution
Abatement Plant and Equipment (printout). Estimates of the gross
and net capital stocks at historical, constant, and current cost;
estimates of capital expenditures in constant and current
dollars; price indexes by media (air and water) and for selected
industry groups (manufacturing, electric utilities, and other
nonmanufacturing); and estimates of lifetimes by media for
pollution abatement plant and equipment. Available from BEA:
Accession No. 62-82-20-001, price $35.00.


                               END