Actions for 1.2.3. Real Gross Domestic Product by Major Type of Product, Quantity Indexes from the NIPA: Domestic Product and Income database shown in [Index numbers, 2012=100] Seasonally adjusted Date Type: Qtr; Country: USA; Finance Line Item: Gross domestic product Sage Data. Sage Publishing Ltd Sage Data [electronic resource]

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1.2.3. Real Gross Domestic Product by Major Type of Product, Quantity Indexes from the NIPA: Domestic Product and Income database shown in [Index numbers, 2012=100] Seasonally adjusted Date Type: Qtr; Country: USA; Finance Line Item: Gross domestic product Sage Data. Sage Publishing Ltd Sage Data [electronic resource]

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Bureau of Economic Analysis
Published
Thousand Oaks, CA : Sage Publications, Inc. 2025
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Summary
GDP is the market value of goods and services produced by labor and property in the U.S., regardless of nationality; GDP replaced gross national product (GNP) as the primary measure of U.S. production in 1991. The National Income and Product Accounts (NIPAs) are a set of economic accounts that provide detailed measures of the value and composition of national output and the incomes generated in the production of that output. Essentially, the NIPAs provide a detailed snapshot of the myriad transactions that make up the economy-buying and selling goods and services, hiring of labor, investing, renting property, paying taxes, and the like. The seven summary accounts of the NIPAs group transactors and transactions in the economy into three distinct sectors-persons, businesses, and government; a fourth sector for the rest of the world is added to cover transactions between the nation and foreigners. The seven summary accounts of the NIPAs show the contribution of each sector to the output of the economy, their income and outlays, and their saving and investment. In the NIPAs, national estimates cover the 50 states and Washington, DC. The Domestic Product and Income account presents statistics on real Gross Domestic Product (GDP), the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes.
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ISBN
9781544332048 Sage Data CORE
Type of File/Data
Statistical data with bibliographic citation and abstract.
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