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To: Your Nightmare
The question is "Is the spending for those services currently in the NIPA personal expenditures table?"

It sounds like NIPA does not try to make adjustments for unreported services. So I don't think those numbers are in the NIPA tables.

1,113 posted on 06/13/2005 1:42:59 PM PDT by Always Right
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To: Always Right
It sounds like NIPA does not try to make adjustments for unreported services. So I don't think those numbers are in the NIPA tables.
The NIPA Personal Consumption Expenditure numbers appear to be taken from a range of surveys and censuses.
Data for the PCE is collected from numerous surveys and censuses. Most items of the PCE use a residual approach. In general, the BEA uses the Census of Manufactures (CM) and Annual Survey of Manufactures (ASM) to obtain the basic value of shipments, the Census of Wholesale Trade (CWT) and Annual Wholesale Trade Survey (AWTS) to derive wholesale trade margins and taxes, the Census of Retail Trade (CRT) and Annual Retail Trade Survey (ARTS) to obtain retail trade margins and taxes, and the Census of Service Industries (CSI) and Service Annual Surveys. The BEA also adds transportation costs using data from the Interstate Commerce Commission, the Department of Transportation, and the Census Bureau's Census of Transportation, Communications, and Utilities, to arrive at the final purchasers’ value. The data sources and methodologies differ slightly between benchmark years (years ending in "2" or "7") and non-benchmark years (years between the benchmark years). The economic censuses are used in the benchmark estimates, while the annual survey data are used in extrapolations to estimate PCE for the non-benchmark years.

[source]

1,124 posted on 06/13/2005 2:46:27 PM PDT by Your Nightmare (::tick:: ::tick:: ::tick::)
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