GDP and the Economy: Final Estimates for the Third Quarter of 2006
Real GDP increased 2.0 percent after increasing 2.6 percent, reflecting an acceleration in imports, a larger decrease in residential investment, and decelerations in consumer spending for services, inventory investment, and state and local government spending. Corporate profits picked up.
U.S. International Transactions: Third Quarter of 2006
The U.S. current-account deficit increased $8.4 billion to $225.6 billion as a result of increases in the deficits on goods and income. In the financial account, net financial inflows increased $23.2 billion to $176.4 billion.
An Ownership-Based Framework of the U.S. Current Account, 1995–2005
The updated supplement to the international transactions accounts highlights the participation of multinational companies in the international markets for goods and services through both cross-border trade and sales by local affiliates.
Upcoming in the Survey...
Alternative Measures of Personal Saving. In 2005, BEA’s measure of annual personal saving turned negative for the first time since 1933. In an upcoming issue of the Survey, alternative measures of saving will be discussed.