Presentation is loading. Please wait.

Presentation is loading. Please wait.

Www.bea.gov BEAs KLEMS Statistics: Measuring Outputs and Intermediate Inputs Brian C. Moyer World KLEMS Conference Harvard University August 19-20 th,

Similar presentations


Presentation on theme: "Www.bea.gov BEAs KLEMS Statistics: Measuring Outputs and Intermediate Inputs Brian C. Moyer World KLEMS Conference Harvard University August 19-20 th,"— Presentation transcript:

1 www.bea.gov BEAs KLEMS Statistics: Measuring Outputs and Intermediate Inputs Brian C. Moyer World KLEMS Conference Harvard University August 19-20 th, 2010

2 www.bea.gov 2 BEAs Industry Accounts Input-Output Accounts Benchmark Accounts Annual Accounts KLEMS Statistics GDP by Industry Statistics Travel and Tourism Satellite Account R&D Satellite Account

3 www.bea.gov 3 2010 Comprehensive Revision Time-series annual I-O accounts, 1998-2008 Incorporated 1997/2002 benchmark I-O accounts and 2009 NIPA revision Expanded annual data on business expenses by industry Improved measures of price change for the services sector

4 www.bea.gov 4 Measuring Output Industry and commodity output based on a variety of sources Economic Census data Census annual surveys (ASM, SAS, etc.) Trade association data Data from other government agencies Detailed commodity distributions retained from benchmark estimates; manufacturing detail updated annually Expanded Census data for the services sector

5 www.bea.gov 5 Measuring Intermediate Inputs Benchmark estimates based on Census data (~70%) and other data sources Annual estimates based on input category controls Benchmark-year inputs extrapolated with output quantity change Detailed inputs reflated with appropriate input prices Annual controls applied to groups of inputs

6 www.bea.gov 6 Measuring Value Added Direct and indirect measures of value added by industry: VA = GO - II Direct measures based on compensation, taxes on production, and gross operating surplus from NIPA gross domestic income measures Gross operating surplus based on quality-weighted benchmark-year values; company-to-establishment adjustments applied

7 www.bea.gov 7 Balanced I-O Framework

8 www.bea.gov 8 BEAs KLEMS Statistics Consistent with BEAs Annual I-O Accountsuse table decomposition of E, M, & S categories by 4-digit NAICS commodities Statistics available for 1998-2008 Chained-type price and quantity indexes and contributions by industry

9 www.bea.gov 9 BEAs KLEMS Statistics Data for 2008

10 www.bea.gov 10 Purchased Services Disaggregation S Outsourcing Other Services Imports Utilities Telecomm Financial Rental & Leasing Aggregation of 30 4-digit commodities Domestic

11 www.bea.gov 11 Purchased Services Shares

12 www.bea.gov 12 I ndustry production account BEA/BLS work on aggregate production account Ongoing work to develop prototype industry- level production account: K & L services from BLS; E, M, & S from BEA Continued work to reconcile BEA/BLS industry output measures Longer term: KLEMS statistics available prior to 1998; industry production account available for earlier years

13 www.bea.gov 13 KLEMS Prices

14 www.bea.gov 14 Expanded Detail on Energy

15 www.bea.gov 15 Quarterly GDP by Industry Transportation and Warehousing Industry


Download ppt "Www.bea.gov BEAs KLEMS Statistics: Measuring Outputs and Intermediate Inputs Brian C. Moyer World KLEMS Conference Harvard University August 19-20 th,"

Similar presentations


Ads by Google