Benchmark Input-Output Accounts of the United States, 1992

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• Publié par: Shuwyor
• Nombre de lectures: 18
• Langue: Slovak

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BENCHMARK INPUT OUTPUT ACCOUNTS
OF THE UNITED STATES, 1992
September 1998
U.S. DEPARTMENT OF COMMERCE
William M. Daley, Secretary
ECONOMICS AND STATISTICS ADMINISTRATION
Robert J. Shapiro, Under Secretary for Economic Affairs
U.S. DEPARTMENT OF COMMERCE
BUREAU OF ECONOMIC ANALYSIS
J. Steven Landefeld, Director
Rosemary D. Marcuss, Deputy DirectorBUREAU OF ECONOMIC ANALYSISAcknowledgments
This volume represents the efforts of many current and direction of Karl D. Galbraith, Chief, contributed to the
former staff members of the Industry Economics Di- development of the estimates; major contributors were
vision, working under the direction of Sumiye Okubo, Brooks B. Robinson, Jeffrey W. Crawford, Pamela A.
Associate Director for Industry Accounts; Ann M. Law- Kelly, Greg M. Key, Clinton P. McCully, Carol E. Moylan,
son, Chief of the Division; Belinda L. Bonds, Chief and David F. Sullivan.
of the Goods Branch; Karen J. Horowitz, Chief of the Members of the staff of the International Investment
Services Branch; and Mark A. Planting, Chief of the Division under the direction of David R. Belli, Chief, and
Auxiliary Studies Branch. Brian D. Kajutti designed membersofthestaffoftheBalanceofPaymentsDivision
the data processing system and coordinated the computer under the direction of Christopher L. Bach, Chief, assisted
programming and processing, and John Turner prepared in the preparation of the foreign trade estimates.
the summary and detailed tables. Estimates for transportation were prepared with the
Ann Lawson directed the preparation of the volume and assistance of Bingsong Fang, Xiaoli Han, and Simon
authored the summary and detailed series text. Karen Randrianarivel from the Bureau of Transportation Statis-
Horowitz, with assistance from Belinda Bonds, Tara L. tics, U.S. Department of Transportation. Estimates for
O’Brien, Alexandra E. Karaer, and Charlita R. Fickus, agriculture were prepared with the assistance of Gerald
prepared “Appendix C: Measures of Output,” “Appendix Schluter and William E. Edmondson from the Economic
D: Products Included in Personal Consumption Expendi- Research Service, U.S. Department of Agriculture.
ture Categories,” and “Appendix E: Products Included in Eric B. Manning, under the direction of Douglas R.
Producers’ Durable Equipment Expenditure Categories.” Fox, Chief of the Current Business Analysis Division,
Other staff contributors from the Industry Economics coordinated the production of the publication and pro-
Division were William A. Allen, Timothy D. Aylor, Alvin vided typesetting. W. Ronnie Foster designed the cover
D. Blake, Felicia V. Candela, Michael C. Craw, Sergio graphic.
Delgado, Carole Henry, Thuy Hia, David Huether, Myles A special acknowledgment is made to the staff of
J. Levin, Sherlene K. S. Lum, Fritz Mayhew, William the Bureau of the Census, particularly to those in the
McCarthy, Donna McComber, Cheryl Miner, Edward T. Agriculture and Financial Statistics Division under the di-
Morgan, Brian C. Moyer, Diane E. Nisson, Robert S. rection of Ewen M. Wilson, Chief; in the Manufacturing
Robinowitz, Darlene C. Robinson, Mary L. Roy, Timo- and Construction Division under the direction of David
thy F. Slaper, John Sporing, Robert A. Sylvester, Diane Cartwright, former Chief; and in the Services Division
under the direction of Carol Ambler, Chief. Without theirYoung, and Robert E. Yuskavage.
cooperation and assistance, the publication of the 1992Members of the staff of the National Income and Wealth
benchmark input-output accounts on a more timely basisDivision under the direction of Leon W Taub, former
would have been impossible.Chief, and the staff of the Government Division under the
iiiIntroduction
This publication presents the 1992 benchmark input- A provides a concordance between the codes used in the
output (I-O) accounts for the U.S. economy. It provides I-O accounts and the 1987 Standard Industrial Classifi-
the estimates for both the summary (that is, at the I-O two- cation (SIC) system, and appendix B provides a list of
digit level) and the detailed (I-O six-digit level) industries the value-added and final-use components that are in-
and commodities in one publication. It also provides in- cluded in the I-O accounts. This volume includes four
formation on the uses of I-O accounts and on the methods additional appendixes: Appendix C, which describes the
underlying them. measures of output; appendixes D and E, which list
the products included in the NIPA personal consump-
tion expenditure (PCE) and producers’ durable equipmentOrganization of the publication
(PDE) expenditure categories, respectively; and appendix
The text consists of two parts and six appendixes. The first F, which provides the mathematical derivation of the I-O
part of the text combines the text of the article “Bench- total requirements tables.
mark Input-Output Accounts for the U.S. Economy, The tables presenting the 1992 I-O benchmark esti-
mates are divided into two complementary parts. The first1992: Make, Use, and Supplementary Tables,” which
part presents the summary estimates as they were presen-appeared in the November 1997 issue of the SURVEY OF
ted in the November and December issues of the SURVEY.CURRENT BUSINESS, with that of the article “Benchmark
The second part presents the corresponding detailed es-Input-Output Accounts for the U.S. Economy, 1992: Re-
timates. It provides the I-O estimates for the make andquirements Tables,” which appeared in the December
use tables and the estimates of the total output require-1997 SURVEY. This part describes the preparation of the
ments from industries and commodities to meet demand,1992 I-O accounts and some of the improvements made
as well as the 15 largest industries or commodities andto the tables, the concepts and methods underlying the
their contributions to meeting that demand for a commod-U.S. I-O accounts, and how the I-O accounts are used.
ity. It also contains detailed estimates for I-O commodityIt also includes supplementary tables that relate the I-O
composition of the NIPA PCE and PDE categories.accounts to the national income and product accounts
All estimates developed for the 1992 benchmark I-O(NIPA’s); these tables permit more extensive analysis with
the I-O estimates. The second part of the text describes study are available on diskette (see the box “Data Avail-
how to read the detailed tables, which appear in the gen- ability” on page M–3). For other assistance, contact
eral format that was used for the publication Benchmark the Industry Economics Division at (202) 606–5584, or
Input-Output Accounts of the United States, 1987. write to the Industry Economics Division, BE–51, Bureau
of Economic Analysis, U.S. Department of Commerce,The text also presents the two appendixes that previ-
Washington D.C. 20230.ously appeared in the November 1997 SURVEY. Appendix
M–1Overview, Framework, and Summary Accounts
The I-O accounts show the production of commodities The 1992 Benchmark I-O Accounts
(goods and services) by each industry, the use of com-
modities by each industry, the commodity composition In response to user needs—as expressed, for example,
of gross domestic product (GDP), and the industry distri- by the Interagency Working Group on the Quality of
bution of value added. These I-O accounts are used in a Economic Statistics—the Bureau of Economics Analysis
variety of analytical and statistical contexts, including in (BEA) implemented a program to speed up the avail-
3studies of interindustry relationships within the economy ability of benchmark I-O accounts. This goal was later
and as the framework and benchmarks for other statistical formalized in BEA’s Strategic Plan, which was developed
accounts. with data users and data suppliers in 1995. The Strate-
This publication presents the 1992 benchmark I-O ac- gic Plan included making the benchmark I-O accounts
1counts for the U.S. economy. This part of the publication available to users within five years of the date of an eco-
is in two sections. The first section describes the prepara- nomic census or within one year after the release of all
tion of the 1992 I-O accounts and discusses some of the the data from that census, as part of the goal to develop
4improvements that have been made. The second section new and improved measures of output and prices. The
5describes the I-O tables, illustrates how they are used, and 1992 benchmark I-O accounts have met this goal.
discusses the concepts and methods underlying the I-O
accounts.
Source data and procedures
The 1992 I-O estimates are presented in this part in
summary form; that is, they are aggregated to 97 I-O in-
The benchmark I-O accounts are based primarily on data
dustries from 498-industry detail. The make (production)
collected from the economic censuses conducted every
of commodities by industries is shown in table 1; the use
five years by the Bureau of the Census. The economic
(consumption) of commodities by industries, in table 2.1;
censuses provide comprehensive data—including infor-
and the components of value added by industries, in table
mation on industry and commodity production, materials
2.2. The commodity-by-industry direct requirements for
consumed, and operating expenses—that are not avail-
a dollar of industry output are shown in table 3.1, and the
able on a more frequent basis. The 1992 benchmark
component detail for the value-added input coefficients in
I-O accounts