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A New Architecture for the U.S. National Accounts$
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Dale W. Jorgenson, J. Landefeld, and William D. Nordhaus

Print publication date: 2006

Print ISBN-13: 9780226410845

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226410876.001.0001

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Blueprint for Expanded and Integrated U.S. Accounts

Blueprint for Expanded and Integrated U.S. Accounts

Review, Assessment, and Next Steps

(p.13) 1 Blueprint for Expanded and Integrated U.S. Accounts
A New Architecture for the U.S. National Accounts
Dale W. Jorgenson, J. Steven Landefeld
University of Chicago Press

This chapter outlines the key elements of the new architecture of the expanded and integrated U.S. national accounts. This system integrates the U.S. National Income and Product Accounts (NIPAs) with the productivity statistics generated by the Bureau of Labor Statistics and balance sheets produced by the Federal Reserve Board. This chapter also compares the NIPAs with the principal alternative, the international accounting guidelines in the System of National Accounts.

Keywords:   U.S. national accounts, NIPAs, productivity statistics, Bureau of Labor Statistics, balance sheets, Federal Reserve Board, System of National Accounts

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