Final Uses

Definition

Final Uses. The consumption of the goods and services that are produced and distributed in the economy.

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

• Final Demand
• Final Output