Final Uses
From Open Risk Manual
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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).
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
