Business Services Industry

Comprehensive revision of gross state product by industry, 1977-94 - U.S. Bureau of Economic Analysis - includes related article on data availability, GSP estimate release schedule and revision acknowledgements

Survey of Current Business, June, 1997 by Howard L. Friedenberg, Richard M. Beemiller

Table 4.--Revisions to Gross State Product for Selected States, Benchmark Years

                                In millions of current dollars

                                  1977       1982       1987

States with largest upward
  percentage revisions:

  Hawaii                            616      1,383      1,976
  New York                        8,025     13,179     22,199
  Virginia                        1,812      3,671      6,952
  Florida                         2,846      7,050      8,340
  Maryland                        1,522      2,498      2,852

United States                     25,912    55,906    103,656

States with largest downward
  percentage revisions:

  Louisiana                        -709        428      1,338
  Idaho                            -129        -85       -148
  Montana                           -73       -352       -215
  Mississippi                      -386       -774       -638
  Alaska                             49       -752        142

                                In millions of current dollars

                                   1992       Average of
                                               4 years

States with largest upward
  percentage revisions:

  Hawaii                            1,784      1,440
  New York                         28,000     17,851
  Virginia                          6,750      4,796
  Florida                          11,172      7,352
  Maryland                          2,939      2,453

United States                     140,965     81,625

States with largest downward
  percentage revisions:

  Louisiana                        -5,457     -1,100
  Idaho                              -744       -276
  Montana                            -151       -198
  Mississippi                        -980       -694
  Alaska                           -3,715     -1,069

                                 As a percentage of previously
                                          published

                                1977      1982    1987     1992

States with largest upward
  percentage revisions:

  Hawaii                         7.0       9.8     9.3      5.4
  New York                       4.8       5.0     5.6      5.6
  Virginia                       4.3       5.3     6.1      4.4
  Florida                        4.5       6.0     4.2      4.2
  Maryland                       4.5       4.7     3.2      2.5

United States                    1.3       1.8     2.3      2.4

States with largest downward
  percentage revisions:

  Louisiana                     -1.8        .5     1.8     -5.7
  Idaho                         -1.8       -.8    -1.1     -3.6
  Montana                       -1.1      -3.3    -1.8     -1.0
  Mississippi                   -2.4      -3.1    -1.9     -2.2
  Alaska                         .7       -3.2      .7    -14.3

                                 As a percentage of previously
                                          published

                               Average of
                                4 years

States with largest upward
  percentage revisions:

  Hawaii                         7.9
  New York                       5.2
  Virginia                       5.0
  Florida                        4.7
  Maryland                       3.7

United States                    1.9

States with largest downward
  percentage revisions:

  Louisiana                     -1.3
  Idaho                         -1.8
  Montana                       -1.8
  Mississippi                   -2.4
  Alaska                        -4.0
 

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