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February 2003 - Volume 83 - Number 2

Business Situation: Advance Estimates for the Fourth Quarter of 2002

The irregular pattern of U.S. economic growth continued in the fourth quarter of 2002: Real GDP increased 0.7 percent after increases of 4.0 percent in the third quarter, 1.3 percent in the second quarter, and 5.0 percent in the first quarter. The fourth-quarter deceleration reflected a slowdown in consumer spending and downturns in inventory investment and exports. U.S. inflation stepped up but remained in the moderate range: The price index for gross domestic purchases increased 1.8 percent after increasing 1.2 percent in the third quarter.
(PDF) (Tables in XLS format)

BEA's International Accounts

BEA's international accounts present estimates of the transactions between U.S. and foreign residents and estimates of the value of accumulated stocks of U.S.-owned assets abroad and of foreign-owned assets in the United States. BEA also collects, processes, and provides comprehensive data on international services and on U.S. direct investment abroad and foreign direct investment in the United States. In addition, BEA conducts a variety of research and analytical activities in support of the international accounts.

Personal Income by State, Third Quarter 2002

The growth in personal income for the Nation slowed to 0.9 percent in the third quarter of 2002 from 1.2 percent in the second quarter. In half of the States, personal income grew at least as fast in the third quarter as in the second, but several large States--including California, New York, Texas, and Illinois--were among the States whose growth slowed in the third quarter. Growth ranged from 1.5 percent in Montana to 0.5 percent in Michigan.

BEA Current and Historical Data

National Data

  • Selected NIPA tables (PDF) 
  • Other NIPA and NIPA-related tables (PDF)
  • Historical measures (PDF)
  • Domestic perspectives (PDF)
  • Charts (PDF)

International Data

  • Transactions tables (PDF)
  • Investment tables (PDF)
  • International perspectives (PDF)
  • Charts (PDF)

Regional Data

  • State and regional tables (PDF)
  • Local area table (PDF)
  • Charts (PDF)


  • Additional information about the NIPA estimates (PDF)
  • Suggested reading (PDF)