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=== Uses of the regional program estimates === | === Uses of the regional program estimates === | ||
* The Federal government uses regional income and product estimates to distribute funds to states: | * The Federal government uses regional income and product estimates to distribute funds to states: | ||
BEA Regional Income and Product Account Estimates Used to Distribute $406.8 Billion in Federal Funds | |||
FY2016 Federal Funds Distribution Using BEA Regional Income and Product Account Statistics | |||
Federal Uses of BEA Regional Statistics, FY2016 | |||
* Twenty-six states have set constitutional or statutory limits on state government revenues or spending that are tied to BEA state personal income or one of its components | * Twenty-six states have set constitutional or statutory limits on state government revenues or spending that are tied to BEA state personal income or one of its components | ||
* The National Oceanic and Atmospheric Administration (NOAA) produces statistics for coastal areas, utilizing BEA regional statistics. | * The National Oceanic and Atmospheric Administration (NOAA) produces statistics for coastal areas, utilizing BEA regional statistics. |
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