Household Income Events are most appropriate to use when an analyst intends to model changes in household income that are independent of both production and payroll. In Household Income Events, you can specify the specific income group(s) receiving the income.
Consists largely of tax-return-based depreciation charges for corporations and nonfarm proprietorships and of historical-cost depreciation (calculated by BEA, using consistent service lives and empirically based depreciation schedules) for farm proprietorships and partnerships and other private business. (BEA)
Private capital consumption allowances less private consumption of fixed capital (defined below). This adjustment is used to convert income and depreciation measures from the historical-cost accounting used by firms when filing their income tax returns to the current replacement cost basis with consistent service lives and empirically based depreciation schedules. (BEA)
One of the three fundamental principles underlying the I-O accounts. Under this principle, each industry’s output is produced with a unique set of inputs or a unique production function. The other two principles are consistency and proportionality. (BEA)
See “Consumption of fixed capital”. (SNA)
A 10-digit commodity classification system for foreign trade. It was introduced in the United States in January 1989 in order to ensure international comparability in the classification of exports and imports by commodity. There are approximately 19,000 codes for imports and 9,000 codes for exports. (BEA)
The market value of the goods and services produced by labor and property supplied by U.S. residents. (BEA)
Economic input output
modeling application, data,
and solutions.
