As part of the 2013 comprehensive revision of the national income and product accounts (NIPAs) to be released in July, the Bureau of Economic Analysis (BEA) will change its methods for measuring implicitly priced services produced by commercial banks.

This article details the improved methods that will enable the NIPAs to better reflect the level and composition of the implicitly priced services (hereafter implicit services) that commercial banks provide.

Custodian: Bureau of Economic Analysis, USA