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Home > Publications > Survey of Current Business > October 2006 - Volume 86 - Number 10 |
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October 2006 - Volume 86 - Number 10Director's Message| PDF version (419 kb)
Taking Account| PDF version (61 kb)
GDP and the Economy: Final Estimates for the Second Quarter of 2006Real 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. | Newly Available NIPA TablesGovernment 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. | Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the Fourth Quarter of 2002 to the Second Quarter of 2006The estimates, including the estimates of inventories for manufacturing by stage of fabrication, have been updated to incorporate the results of the annual NIPA revision. | U.S. International Services: Cross-Border Trade in 2005 and Sales Through Affiliates in 2004U.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:
U.S. International Transactions: Second Quarter of 2006The 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: State Personal Income: Second Quarter of 2006 and Revised Estimates for 2003-2005 and the First Quarter of 2006Personal 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:
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
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