GDP and the Economy: Final Estimates for the Second Quarter of 2007
Real GDP increased 3.8 percent in the second quarter after increasing 0.6 percent in the first quarter. The acceleration reflected a downturn in imports and upturns in Federal Government spending and inventory investment.

Newly Available NIPA Tables
The relationship between NIPA Federal receipts and expenditures and the Federal budget, the relationship between NIPA state and local government spending and Census Bureau data, a comparison of NIPA personal income and IRS adjusted gross income, and more.

Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade
These estimates for the fourth quarter of 2003 through the second quarter of 2007 reflect the most recent annual revision of the national income and product accounts.

U.S. Benchmark Input-Output Accounts, 2002
The benchmark input-output (I-O) account for 2002 provides a highly detailed view of the inner workings of the economy. Benchmark I-O accounts are published every five years.

• Uses of the Benchmark I-O Accounts

Research and Development Satellite Account Update
The 2007 version of the R&D account updates and extends previous estimates. For the first time, it provides estimates about the impact of R&D investment on industries, regional economies, and international economic transactions and positions.

• How R&D Investment Affects GDP and GDI
• The Broader World of Innovation
• Accounting for R&D Performance

U.S. International Services: Cross-Border Trade in 2006 and Sales Through Affiliates in 2005
The surplus on cross-border trade in private services was $96.6 billion in 2006, up from $86.2 billion in 2005. Sales abroad via foreign affiliates were $139.5 billion more than U.S. purchases from U.S. affiliates of foreign companies in 2005; the difference in 2004 was $101.1 billion.

• Supplemental Estimates of Insurance, Trade Services, and Financial Services Sold Through Affiliates

U.S. International Transactions for the Second Quarter of 2007
The U.S. current-account deficit decreased to $190.8 billion in the second quarter of 2007 from $197.1 billion in the first quarter, reflecting a decrease in net unilateral current transfers to foreigners and increases in the surpluses on services and income.

State Personal Income for the Second Quarter of 2007 and Revised Estimates for 2004–2006
Current-dollar personal income growth slowed in the second quarter of 2007, rising 1.2 percent after rising 2.5 percent in the first quarter. The slowdown partly reflected strong first-quarter personal income growth, which was boosted by large bonuses paid for 2006.

• Medicare Prescription Drug Plan