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An introduction to the national income and product accounts t he national income and product accounts nipas produced by the bureau of economic analysis bea have become a mainstay of modern macroeconomic analysis for the us economy in fact the commerce. National income and product accountshistorical developmentthe economic accounting structurethe production accountproduction by sector and industrythe appropriation accountsthe capital accountuses of the economic accountsbibliography source for information on national income and product accounts international encyclopedia of the social sciences dictionary. National income ni is the sum of employees proprietors rental corporate interest and government income less the subsidies government pays to any of those groups net national product nnp is national income plus or minus the statistical discrepancy that accumulates when aggregating data from millions of individual reports. National accounts second edition revised and expanded updated to sna 2008 and esa 2010 this 2014 edition of understanding national accounts contains new data and new chapters and is adapted to the new systems of national accounts sna 2008 and esa 2010 which come into effect in september 2014 it approaches. The purpose of this article is to record the history of the national income and product accounts of the united states concentrating on the period 1932 47 during that period the single national in