Annual transactions from unpublished BEA data. Annual transactions are converted to seasonally adjusted quarterly transactions by calculating the ratio of the annual transactions to NIPA, Table 1.7.5 Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income, line 10, Consumption of fixed capital, Households and institutions (annual); multiplied by line 10, Consumption of fixed capital, Households and institutions (quarterly). Unadjusted transactions are calculated as transactions at a seasonally adjusted annual rate divided by 4. Series has no levels.
Last edited on: 09/17/2013