GDP and the Economy: Preliminary Estimates for the First Quarter of 2008
Real GDP increased 0.9 percent after increasing 0.6 percent in the fourth quarter. Consumer spending for services, exports, federal government spending, and inventory investment increased. In contrast, consumer spending for durable goods and housing investment decreased.

• The Effect of the Economic Stimulus Act of 2008 on Corporate Profits (PDF: 203 KB)

Government Receipts and Expenditures: First Quarter of 2008
Net government saving decreased $115.3 billion to –$375.6 billion. Net federal government saving decreased $93.4 billion to –$311.9 billion. State and local government saving decreased $21.8 billion to –$63.7 billion.

U.S. Travel and Tourism Satellite Accounts for 2004–2007
The travel and tourism industry grew for the sixth consecutive year in 2007. Revised estimates show that the industry grew 1.9 percent in 2007, compared with 3.1 percent in 2006 and 2.9 percent in 2005.

BEA Briefing: Improving BEA’s Accounts Through Flexible Annual Revisions
The Bureau of Economic Analysis will take a new approach to annual revisions of its economic accounts beginning in 2010. This article discusses the benefits of the new approach.

Foreign Direct Investment in the United States: New Investment in 2007
Outlays by foreign investors to acquire or establish U.S. businesses increased $111.2 billion to $276.8 billion, the second largest outlays on record and the highest level since the peak in 2000.