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.
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.
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.
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.
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.
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.