BEA Schedule Revisions

In the spring of 2004, BEA plans to release the results of comprehensive revisions of state personal income and of local area personal income. These revisions will incorporate the results of the upcoming comprehensive revision of the national income and product accounts (NIPAs), which is scheduled for release in late 2003.

As in the past, the annual revision of state personal income that would normally be scheduled for this September will instead be combined with the upcoming comprehensive revision. The regular release of the preliminary annual state estimates for 2002 will be on April 23, 2003; in July, there will be a limited revision to those estimates that will incorporate the fourth quarter 2002 tabulations by the Bureau of Labor Statistics of data on employment and wages for workers covered by state unemployment insurance.

For further information on the comprehensive revisions to the NIPAs see:
http://www.bea.gov/bea/ARTICLES/2002/11November/1102NIPA_Note.pdf
http://www.bea.gov/bea/ARTICLES/2003/01January/0103NlPAs&IO.pdf