Survey of Current Business
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July 2009
Bureau of Economic Analysis
Volume 89 Number 7
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Director's Message (PDF • 201 KB)
Taking Account (PDF • 76 KB)
Articles
GDP and the Economy: Final Estimates for the First Quarter of 2009 (PDF • 216 KB)
Real GDP fell 5.5 percent after falling 6.3 percent in the fourth quarter. Consumer spending turned up sharply, and business investment fell more than in the fourth quarter. Corporate profits rose $48.1 billion.
Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the First Quarter of 2009 (PDF • 238 KB)
These statistics, including those for inventories for manufacturing by stage of fabrication, have been updated.
The International Investment Position of the United States at Yearend 2008 (PDF • 540 KB)
The net international investment position was –$3,469.2 billion; in 2007, it was –$2,139.9 billion. U.S.-owned assets abroad rose $1,609.3 billion to $19,888.2 billion, and foreign-owned assets in the United States rose $2,938.6 to $23,357.4 billion.
Direct Investment Positions for 2008: Country and Industry Detail (PDF • 4,107 KB)
The U.S. direct investment abroad position grew 8 percent after growing 18 percent in 2007. Foreign direct investment in the United States position also grew 8 percent after growing 15 percent in 2007.
Annual Revision of the U.S. International Accounts (PDF • 346 KB)
Each year, statistics on U.S. international transactions are revised to incorporate updated data and various statistical improvements. The main improvement this year was a new treatment of disaster-related insurance losses.
  • The Statistical Discrepancy in Periods of Economic Turbulence
  • Implementing New International Standards
Financial Derivatives (PDF • 321 KB)
Statistics on transactions in financial derivatives by type of contract and by area or country for 2006–2008 and statistics on fair values of financial derivatives for 2007–2008.
How BEA Aligns and Augments Source Data From the U.S. Treasury Department for Inclusion in the International Transactions Accounts (PDF • 125 KB)
Each year, the estimates of financial-account flows in these accounts, which are based on Treasury Department data, are adjusted to align the estimates with balance-of-payments concepts and to close the gaps in coverage.
U.S. International Transactions: First Quarter of 2009 (PDF • 553 KB)
The U.S. current-account deficit decreased $53.4 billion to $101.5 billion, the smallest deficit since the fourth quarter of 2001. In the financial account, net financial inflows decreased $41.2 billion to $47.1 billion.
  • Tables
Regional Quarterly Report:
State Personal Income and More...
(PDF • 186 KB)
Personal income declined in 37 states in the first quarter of 2009. In all states, private sector earnings declined. Finance, durable-goods manufacturing, and construction were particularly weak.
  • Tables

Upcoming in the Survey...

2009 Comprehensive Revision of the National Income and Product Accounts. Initial results of the revision scheduled to be released on July 31, 2009.

Operations of U.S. Multinational Companies. A look at the value added, employment, and capital expenditures of nonbank U.S. multinational companies in 2007.

Charts, Tables, and More

National Data

In This Issue
  • Selected NIPA Tables  (PDF • 2,920 KB)
  • NIPA-Related Table  (PDF • 114 KB)
  • Historical Measures  (PDF • 334 KB)
  • Charts  (PDF • 146 KB)
Interactive Data
  • National Income and Product Accounts
  • Fixed Assets Tables
  • Underlying Detail

Industry Data

In This Issue
  • Industry Table  (PDF • 342 KB)
Interactive Data
  • GDP-by-Industry Accounts
  • Input-Output Accounts

International Data

As a result of the annual revision of the U.S. international transactions accounts, tables F.2–F.4 and sections G and H are not included in this issue. See “Annual Revision of the U.S. International Accounts” and “U.S. International Transactions: First Quarter of 2009.” See also “The International Investment Position at Yearend 2008” and “Direct Investment Positions for 2008: Country and Industry Detail.”

In This Issue
  • Transactions Table  (PDF • 105 KB)
  • Investment Tables  (Unavailable this month)
  • Charts  (Unavailable this month)
Interactive Data
  • International Transactions Accounts
  • Direct Investment and MNC Data

Regional Data

In This Issue
  • State and Regional Tables  (PDF • 201 KB)
  • Local Area Table  (PDF • 201 KB)
  • Charts  (PDF • 554 KB)
Interactive Data
  • GDP by State
  • GDP by Metropolitan Area
  • GDP by State Interactive Map
  • Local Area Personal Income
  • Annual State Personal Income
  • Quarterly State Personal Income
  • Personal Income and Employment Interactive Map
  • Regional Interactive Charts

More Information

In This Issue
  • Additional Information About the NIPA Estimates  (PDF • 107 KB)
  • Suggested Reading  (PDF • 82 KB)
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