Survey of Current Business
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July 2007
Bureau of Economic Analysis
Volume 87 Number 7
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Director's Message
 PDF (268 KB)
Taking Account
 PDF (59 KB)
Articles

GDP and the Economy: Final Estimates for the First Quarter of 2007
Real GDP increased 0.7 percent after increasing 2.5 percent, reflecting an upturn in imports, a deceleration in exports, a downturn in Federal Government spending, and a deceleration in consumer spending for nondurable goods.

 PDF (151 KB)

Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the First Quarter of 2007
These estimates, including estimates of inventories for manufacturing by stage of fabrication, have been updated.

 PDF (215 KB)

The International Investment Position of the United States at Yearend 2006
The net international investment position was –$2,539.6 billion; in 2005, it was –$2,238.4 billion. The change was mainly due to especially strong net foreign purchases of U.S. securities.

 PDF (396 KB)

Direct Investment Positions for 2006: Country and Industry Detail
The historical-cost position of both U.S. direct investment abroad and foreign direct investment abroad increased 12 percent. In 2005, U.S. direct investment abroad increased 1 percent, while foreign direct investment abroad increased 5 percent.

 PDF (996 KB)

Annual Revision of the U.S. International Accounts for 1997–2006
Each year, these estimates of U.S. transactions and of the U.S. international investment position are revised to incorporate statistical and methodological changes. This year, the revision incorporated new estimates of transactions in financial derivatives.

 PDF (496 KB)
 Tables (6086 KB)

How BEA Aligns and Augments Source Data From the U.S. Treasury Department for Inclusion in the International Transactions Accounts
Each year, these estimates of financial-account flows in the international transactions accounts, which are based on Treasury Department data, are adjusted to align the estimates with balance-of-payments concepts and to close gaps in coverage.

 PDF (112 KB)

U.S. International Transactions: First Quarter of 2007
The U.S. current-account deficit increased $4.6 billion, reflecting an increase in net unilateral current transfers to foreigners and a small increase in the deficit on goods. In the financial account, net financial inflows decreased $24.2 billion to $202.8 billion.

 PDF (267 KB)

Gross Domestic Product by State: Advance Estimates for 2006 and Revised Estimates for 2003–2005
Economic growth in the United States was widespread in 2006; inflation-adjusted gross domestic product grew in 49 states and the District of Columbia.

 PDF (2790 KB)

State Personal Income: First Quarter of 2007
Personal income for the Nation grew 2.2 percent after growing 1.4 percent. Personal income growth was higher than the national average in just five states. Growth in these states reflected strong finance industry activity.

 PDF (697 KB)

Upcoming in the Survey...

Annual Revision of the National Income and Product Accounts. The annual NIPA revision will be published in the August Survey. This issue will include an article that describes the effects of the revision on GDP and the principal sources of the revision. An extensive set of tables will also be included.

Charts and Tables
National Data
Selected NIPA Tables
 PDF (2839 KB)
NIPA-Related Table
 PDF (103 KB)
Historical Measures
 PDF (317 KB)
Charts
 PDF (132 KB)
Industry Data
Industry Table
 PDF (87 KB)
International Data
As a result of the annual revision of the U.S. international transactions accounts, tables F.2–F.4 (Transactions Tables), tables G.1–G.5 (Investment Tables), and the Charts are not included in the July issue. See “Annual Revi­sion of the U.S. International Accounts for 1997–2006,” “U.S. International Trans­actions: First Quarter of 2007,” “The International Investment Position of the United States at Yearend 2006,” and “Direct Investment Positions for 2006: Country and Industry Detail.”
Transactions Tables
 PDF (82 KB)
Investment Tables
(Unavailable)
Charts
(Unavailable)
Regional Data
State and Regional Tables
 PDF (371 KB)
Local Area Table
 PDF (328 KB)
Charts
 PDF (208 KB)
Appendixes
Additional Information About the NIPA Estimates
 PDF (82 KB)
Suggested Reading
 PDF (45 KB)
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