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Data Revision: U.S. - NIPA - Benchmark [2019]
Tuesday, 27 Aug 2019 15:02 ET
By Jay Lynch
Summary
26 July 2019 -- The BEA "National Income and Product Accounts" have undergone their annual benchmark revision, impacting the past five years of results (2014Q1 to 2019Q1).
Detail

The U.S. Bureau of Economic Analysis wrote (BEA 19-36):

The estimates released today reflect the results of the annual update of the national income and product accounts (NIPAs) in conjunction with the "advance" estimate of GDP for the second quarter of 2019. The update covers the first quarter of 2014 through the first quarter of 2019.

For more information, see "Information on the 2019 Annual Update" on BEA’s Web site.

We implemented the revisions in Data Buffet via these steps:

  1. Archived all pre-benchmark data under new names, for example, GDP_2018.IUSA.
    • If when retrieving archived series you receive the message "Series found: database closed" you will need to activate databank NIPA_2018.db, under menu:Settings » Default Databanks (see related article).
  2. Revised existing series, e.g., GDP.IUSA:
    • All quarterly series from 2014Q1
    • All annual series from 2014
Other
Related ReleaseNational Income and Product Accounts
SourceU.S. Bureau of Economic Analysis (BEA)
FrequencyQuarterly
GeographyUnited States
Upcoming
Release DateReference date
30 May 20241Q 2024
27 Jun 20241Q 2024
Related ReleaseNational Income and Product Accounts - Underlying Detail Tables - Monthly
SourceU.S. Bureau of Economic Analysis (BEA)
FrequencyMonthly
GeographyUnited States
Catalog
Upcoming
Release DateReference date
26 Apr 2024Mar 2024
31 May 2024Apr 2024
28 Jun 2024May 2024
26 Jul 2024Jun 2024
30 Aug 2024Jul 2024
27 Sep 2024Aug 2024
31 Oct 2024Sep 2024
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