Ocorreu um erro. Detalhes Ocultar
Você tem páginas não gravadas. Restaurar Cancelar

The 14th comprehensive revision of the National Income and Product Accounts, covering the period 1929-2013QI (as well as the second quarter 2013 advance estimate), was released on July 31, 2013. This year’s revision (which occurs about every five years) included several major improvements to the accounts, including expanded capitalization of intellectual property products and a change to accrual accounting for defined benefit pension plans. More precisely, major conceptual changes include: capitalize research & development (R&D); capitalize entertainment, literary, and artistic originals; expanded capitalization of ownership transfer costs of residential housing; accrual treatment of defined benefit pension plans. As BEA notice in its breefing following the revision, the most important reason for the changes is growing importance of intellectual property products in business and productivity.
The biggest change is, indeed, the elevation of intangible assets such as intellectual property, original pieces of art including films and books. As a counsiquence of these changes, US economy as a whole increased by about $560 bln. Future growth rates of US GDP will be boosted too. So, in the 2nd quarter 2013, gross domestic product increased by 1.7% at an annualized growth rate compared to the 1st quarter. Newertheless, analysts are sceptic about such changes, because an upward revision of GDP will not rise wages or decrease unemployment, moreover it will play havoc with forecasts. However, the unparalleled advantage of the revision is that national accounts measurement starts moving closer to morden economic theory and business practice.

US Bureau of Economic Analysis (BEA)
US GDP Comprehensive Revision 1929 through 2013

Download our latest US ECONOMY cheat sheet Download

Download our latest US ECONOMY cheat sheet

The United States being the biggest economy in the world significantly influences the global economic situation. The US economy is comprehensively covered by data and statistics from multiple government and private sources. We selected the most significant and up-to-date ones and presented them in this cheat sheet.

Percepções de dados relacionados

Indian Rupee (INR) plunges record low against U.S. dollar

The Indian Rupee (INR), which strengthened 6.75 percent against the U.S. dollar last year in 2017, has been on a general downtrend and volatile since the start of 2018 and plunges record low. External factors like rising oil prices, higher interest rates, U.S.-China trade war, emerging market currencies depreciation led by Turkish Lira which spurred demand for safe havens; a safe haven is an investment that is expected to retain or increase in value during times of market turbulence, lack of confidence of investors in emerging markets, are compounded currency woes. The Indian currency has been the worst performer in Asia and lost over 8%...

World GDP Ranking 2017 | GDP by country | Data and Charts

As per data from the World Bank, global GDP in current prices totaled around $75.5 trillion in 2016. In 2017, world GDP is forecasted to expand to $79.3 trillion according to IMF’s forecast. GDP ranking by country in 2017 presented on this page shows the extent to which different countries contribute to the world’s economy. Top 5 countries by GDP in 2017 are the United States, China, Japan, Germany, and France which are the largest economies in the world constituting more than a half of the Gross World Product (GWP). In the ranking by real GDP, the same countries hold the top spot. In 2017, United States is in the first position in the...

Turkish Lira plunges to a record low against US dollar

Turkish Lira has been under pressure for the last few months due to weakening growth fundamentals and sharply rising inflation. The currency touched a record low in the wake of declining credibility of the CBRT as the central bank left the policy rate unchanged during its last meeting amid sharply rising inflation. This was in contrast with financial market’s expectations of a higher policy interest rate by the CBRT to contain inflation. The inaction of the central bank reinforced investors’ fears over the bank’s independence. Rising political risk has also compounded the currency’s woes amid the weak macroeconomic fundamentals. The US...

GDP by Country | Statistics from IMF, 1980-2022

The visualizations on this page provide an access to the GDP data by country from the IMF's World Economic Outlook (WEO). The table shows the data on the GDP measured in current prices as well as based on purchasing power parities (PPP). Charts at the right visualize country's GDP presented in the table to enable a visual analysis of GDP dynamics. Take a look at other GDP-related dashboards: GDP: GDP by country from the World Bank |  GDP by country from IMF | World GDP ranking | World GDP GDP per capita: GDP per capita by country from the World Bank | GDP per capita by country from IMF | World GDP per capita ranking See also: G20...