These tables present a sequence of accounts that relate production, income and spending, capital formation, financial transactions, and asset revaluations to changes in net worth between balance sheets for the major sectors of the U.S. economy. They are part of an interagency effort to further harmonize the BEA National Income and Product Accounts (NIPAs) and the Federal Reserve Board Flow of Funds Accounts (FFAs).
The structure of these tables is based on the internationally accepted set of guidelines for the compilation of national accounts that are offered in the System of National Accounts 1993 (SNA). The estimates that are currently displayed are based on the data that were available in the NIPAs and FFAs on December 7, 2007. The current plan is to revise these estimates on a quarterly basis. Since many of the estimates are based on data that only become available during an annual revision to the NIPAs in the following year, estimates for 2007 will not become available until the fall of 2008.
