Final Uses
From Open Risk Manual
Definition
Final Uses. The consumption of the goods and services that are produced and distributed in the economy. [1]
In the I-O accounts, final-use transactions consist of the transactions that make up the final-expenditure components of GDP:
- Personal consumption expenditures
- Private fixed investment
- Change in private inventories
- Exports of goods and services
- Imports of goods and services and
- Federal, state, and local government consumption expenditures and gross investment (including investment by government enterprises).
See Also
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
