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August 2007
Bureau of Economic Analysis
Volume 87 Number 8
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Director's Message
 PDF (231 KB)
Taking Account
 PDF (49 KB)
Articles

GDP and the Economy: Advance Estimates for the Second Quarter of 2007
Real GDP increased 3.4 percent after increasing 0.6 percent in the first quarter, 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 (208 KB)

Annual Revision of the National Income and Product Accounts: Annual Estimates for 2004–2006 and Quarterly Estimates for the First Quarter of 2004–the First Quarter of 2007
For 2004–2006, real GDP growth at an average annual rate was revised to 3.2 percent from 3.5 percent. For the fourth quarter of 2003 through the first quarter of 2007, real GDP growth was revised to 2.7 percent from 3.0 percent.

  • Recent Revisions to Real GDP Growth Rates
 PDF (698 KB)

National Income and Product Accounts Tables
The revised annual, quarterly, and monthly estimates from the annual NIPA revision are presented in these tables. Advance estimates for the second quarter of 2007 and for June 2007 are included in the PDFs below.

  • Overview (161 KB)
  • Summary Tables (130 KB)
  • Domestic Product and Income (2498 KB)
  • Personal Income and Outlays (1091 KB)
  • Government Current Receipts & Expenditures (1594 KB)
  • Foreign Transactions (702 KB)
  • Saving and Investment (1236 KB)
  • Income and Employment by Industry (2283 KB)
  • Supplemental Tables (843 KB)

GDP and Other Major NIPA Series for 1929–the Second Quarter of 2006
Historical estimates of GDP and its components in current dollars, chained dollars, and chain-type quantity and price indexes are presented as part of the annual NIPA revision. This series includes estimates of national income and personal income.

 PDF (2785 KB)

U.S. Affiliates of Foreign Companies: Operations in 2005
Growth in the current-dollar value added of majority-owned nonbank U.S. affiliates slowed in 2005. Employment by affiliates fell for the fifth consecutive year.

 PDF (2159 KB)

Upcoming in the Survey...

Fixed Assets and Consumer Durable Goods. The annual NIPA revision will be published in the August Survey. Updated statistics that incorporate the results of the annual NIPA revision will be published in the September Survey.

Metropolitan Area Personal Income. Accelerated estimates for 2006 will also be published in the September Survey.

Charts and Tables
National Data
As a result of the annual revision of the national income and product accounts, the Selected NIPA Tables, the NIPA-Related Table, the Historical Measures, and the Charts are not included in the August issue. See “National Income and Product Accounts Tables” and “GDP and Other Major NIPA Series” in this issue.
International Data
Transactions Tables
 PDF
Contents
• U.S. International Transactions in Goods and Services
• U.S. International Transactions
• U.S. International Transactions by Area
• Private Services Transactions
 (532 KB)
Investment Tables
 PDF
Contents
• U.S. International Investment Positions
• USDIA: Selected Items
• Selected Financial and Operating Data of Foreign Affiliates of U.S. Companies
• FDIUS: Selected Items
• Selected Financial and Operating Data of U.S. Affiliates of Foreign Companies
 (284 KB)
Charts
 PDF
Contents
• The United States in the International Economy
• Current Accounts
• Capital Flows
• Securities Transactions
• Exports and Imports
• International Investment Position
 (53 KB)
Regional Data
State and Regional Tables
 PDF
Contents
• Personal Income
• Personal Income and Per Capita Personal Income
• Disposable Personal Income and Per Capita Disposable Personal Income
• Gross Domestic Product by State
 (425 KB)
Local Area Table
 PDF
Contents
• Personal Income and Per Capita Personal Income by Metropolitan Area
 (426 KB)
Charts
 PDF
Contents
• Selected Regional Estimates
• Personal Income by Region
• GDP by State by Region
• Personal Income Growth Rates
• Maps: GDP by State and Personal Income
 (384 KB)
Appendixes
Additional Information About the NIPA Estimates
 PDF
Contents
• Statistical Conventions
• Reconciliation: Net Exports in NIPAs and ITAs
 (94 KB)
Suggested Reading
 PDF
Contents
• References Material for all BEA Accounts
 (44 KB)
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