The U.S. Bureau of Economic Analysis (BEA) and the U.S. Bureau of Labor Statistics (BLS) use estimates of depreciation rates for structures and equipment to construct estimates of capital stock from data on capital investments. The depreciation rates are based on research by Frank C. Wykoff and Charles R. Hulten from the 1980s. More recent studies by Statistics Canada, from 2007 and 2015, use Canadian data on used asset transactions from Canada’s Annual Capital and Repair Expenditures Survey of establishments. They found faster depreciation rates, especially for structures. Sheharyar Bokhari and David Geltner’s 2019 study of U.S. used asset prices also found faster depreciation rates for structures. To illustrate the potential effects of implementing these estimates from newer studies, we created a concordance to match Canadian to U.S. asset categories. We reestimated BEA capital stock measures and the BLS capital and total factor productivity (TFP) measures using depreciation rates based on the Canadian Annual Capital and Repair Expenditures Survey. Using these faster depreciation rates results in substantially lower estimates of net capital stocks and higher estimates of depreciation in BEA accounts but has minimal effects on growth rates of TFP in the BLS accounts.

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''PART D-NATIONAL ACTIVITIES TO IMPROVE EDUCATION OF CHILDREN WITH DISABILITIES ''Sec. 650. Findings. ''SUBPART 1-STATE PERSONNEL DEVELOPMENT GRANTS ''Sec. 651. Purpose; definition of personnel; program authority. ''Sec. 652. Eligibility and collaborative process. ''Sec. 653. Applications. ''Sec. 654. Use of funds. ''Sec. 655. Authorization of appropriations. ''SUBPART 2-PERSONNEL PREPARATION, TECHNICAL ASSISTANCE, MODEL DEMONSTRATION PROJECTS, AND DISSEMINATION OF INFORMATION ''Sec. 661. Purpose; definition of eligible entity. ''Sec. 662. Personnel development to improve services and results for children with disabilities. ''Sec. 663. Technical assistance, demonstration projects, dissemination of information, and implementation of scientifically based research. ''Sec. 664. Studies and evaluations. ''Sec. 665. Interim alternative educational settings, behavioral supports, and systemic school interventions. ''Sec. 667. Authorization of appropriations. ''SUBPART 3-SUPPORTS TO IMPROVE RESULTS FOR CHILDREN WITH DISABILITIES ''Sec. 670. Purposes. ''Sec. 671. Parent training and information centers. ''Sec. 672. Community parent resource centers. ''Sec. 673. Technical assistance for parent training and information centers. ''Sec. 674. Technology development, demonstration, and utilization; and media services. ''Sec. 675. Authorization of appropriations. ''SUBPART 4-GENERAL PROVISIONS ''Sec. 681. Comprehensive plan for subparts 2 and 3. ''Sec. 682. Administrative provisions.

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