ABSTRACT
This chapter describes the view of the main developments likely in national accounts statistics over the next decade. A long-standing technique in the construction of the national accounts has been to exclude stock appreciation from the measurement of the factor incomes generated by production. The chapter deals with possible developments in national accounts estimates. It provides some considerations of the storage and dissemination of national accounts estimates. National accounts statisticians are more concerned with the task of compiling useful, timely and reliable data than in pursuing esoteric arguments. Where goods and services are bought and sold through the market, they automatically fall within the production boundary drawn for the national accounts. The development of financial accounts came rather later in the day and led to the creation of sub-sectors for industrial and commercial companies, banks and other financial institutions. The integration of a complete financial sector into the short-term forecasting model of the economy of the United Kingdom is incomplete.
