The Bureau of Economic Analysis released today the 2002 benchmark input-output (I-O) accounts. These are the latest in a series of accounts that provide the most detailed information available on the structure of the U.S. economy and its industries, and cover over 400 industries.
Benchmark I-O accounts are prepared at 5-year intervals and are based on detailed data from quinquennial economic censuses conducted by the Bureau of the Census. BEA also publishes annual I-O accounts that cover 65 industries; the most current available is 2005 and the 2006 update will be available in December 2007.
The I-O accounts – including the detailed once-every-5-years benchmark accounts and the less detailed annual updates – provide an extensive accounting of the production of goods and services by industry and commodity, which includes the goods and services purchased by each industry, the income earned in each industry, and the distribution of sales for each good and service to industries and final users -- consumers, businesses, governments, and foreigners.
Access: The 2002 benchmark I-O accounts are available interactively on BEA’s Web site; go to www.bea.gov , and under “Industry,” select “Benchmark Input-Output Accounts,” click on “Interactive Tables: Input-Output.” Data users can partition the I-O tables to create aggregate columns and rows to meet their analytical needs.
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