A grouping of one or more Events that represents a related spending change within the Study Area. Six types of Activities are available, falling into three main categories: production by industry (Industry, Construction, Retail), production of goods & services (Commodity), and institutional spending. (Household, Labor Income).
Accumulation accounts are flow accounts that record the acquisition and disposal of financial and non-financial assets and liabilities by institutional units through transactions or as a result of other events. (SNA)
An account is a tool which records, for a given aspect of economic life, (a) the uses and resources or (b) the changes in assets and the changes in liabilities and/or (c) the stock of assets and liabilities existing at a certain time; the transactions accounts include a balancing item which is used to equate the two sides of the accounts (e.g. resources and uses) and which is a meaningful measure of economic performance in itself. (SNA)
Measures output in the wholesale industry as the addition to the price of a product when the product is sold through wholesale trade. Wholesale margin includes sales and excise taxes collected by the wholesaler. Wholesale margin is calculated when the wholesaler buys and then resells the product. It is calculated as sales less the cost of the goods sold. There are also non-margin types of wholesale output – for example, commissions or expenses of manufacturers’ sales offices. (BEA)
Value Added is the sum of Employee Compensation, Proprietor Income, Other Property Income, and Taxes on Production and Imports less Subsidies (TOPI). Value-Added + Intermediate Expenditures = Output. Value Added is analogous to GDP.
Value Added is the difference between an industry’s or an establishment’s total output and the cost of its intermediate inputs. It equals gross output (sales or receipts and other operating income, plus inventory change) minus intermediate inputs (consumption of goods and services purchased from other industries or imported). More information can be found in the article Overview of Value Added Data and Estimating and Distributing Value Added.
Economic input output
modeling application, data,
and solutions.
