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October 2006 - Volume 86 - Number 10

Director's Message

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Taking Account

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GDP and the Economy: Final Estimates for the Second Quarter of 2006

Real GDP increased 2.6 percent after increasing 5.6 percent. The deceleration reflected downturns in consumer spending for durable goods, in business investment in equipment and software, and in Federal Government spending and a deceleration in residential investment. Icon for P D F document. PDF version (205 kb)

Newly Available NIPA Tables

Government current and capital expenditures by function, the relationship between NIPA Federal Government spending and Federal budget receipts and outlays and between NIPA state and local government spending and Census Bureau data, and seasonally unadjusted estimates. Icon for P D F document. PDF version (439 kb)

Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the Fourth Quarter of 2002 to the Second Quarter of 2006

The estimates, including the estimates of inventories for manufacturing by stage of fabrication, have been updated to incorporate the results of the annual NIPA revision.Icon for P D F document. PDF version (963 kb)

U.S. International Services: Cross-Border Trade in 2005 and Sales Through Affiliates in 2004

U.S. exports of services increased to $360.5 billion, and U.S. imports increased to $280.6 billion. Sales of services abroad by foreign affiliates of U.S. companies increased to $489.6 billion, and U.S. sales by U.S. affiliates of foreign companies increased to $382.8 billion: Icon for P D F document. PDF version (2383 kb)

  • The 2004 Benchmark Survey of U.S. Direct Investment Abroad and the Treatment of Nonbank Units of U.S. Banks: Icon for P D F document. PDF version (2383 kb)
  • New Measures of Insurance, Trade Services, and Financial Services Sold Through Affiliates: Icon for P D F document. PDF version (2383 kb)

U.S. International Transactions: Second Quarter of 2006

The U.S. current-account deficit increased $5.2 billion to $218.4 billion, mainly reflecting increases in the deficits on goods and on income. Net unilateral current transfers to foreigners increased. In the financial account, net financial flows decreased $17.5 billion to $154.1 billion: Icon for P D F document. PDF version (422 kb) |  Icon for P D F document. PDF tables ( 875 kb)

State Personal Income: Second Quarter of 2006 and Revised Estimates for 2003-2005 and the First Quarter of 2006

Personal income growth for the Nation, slowed, increasing 1.7 percent after increasing 2.2 percent in the first quarter of 2006. Growth in all regions except the Great Lakes region slowed:  Icon for P D F document. PDF version (839 kb) Icon for P D F document. PDF tables (2003 kb)

  • Improved Preliminary State Estimates of Quarterly Wage and Salary DisbursementsIcon for P D F document. PDF version (839 kb)
  • Personal Income in the NIPAs and State Personal IncomeIcon for P D F document. PDF version (839 kb)

Looking Ahead . . .

U.S. Direct Investment Abroad. Preliminary results from the 2004 benchmark survey that update, and provide additional data for, the annual series on the operations of U.S. multinational companies will be published in the November SURVEY.

An R&D Satellite Account. BEA’s new research and development account estimates R&D activity and its impact on the economy. An article in the November SURVEY will introduce the account.

BEA Current and Historical Data

National Data

International Data

Regional Data

Appendixes

  • Additional information about the NIPA estimatesIcon for P D F document. PDF version (81 kb)
  • Suggested reading | Icon for P D F document. PDF version (88 kb)

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