GDP and the Economy: Advance Estimates for the First Quarter of 2008
Real GDP grew 0.6 percent after growing 0.6 percent in the fourth quarter of 2007. Consumer spending for services, inventory investment, and exports increased. In contrast, housing investment and consumer spending for durable goods decreased.
Preview of the 2009 Comprehensive Revision of the National Income and Product Accounts: New Classifications for Personal Consumption Expenditures
The new classification system for personal consumption expenditures defines new categories of expenditures by type of expenditure and type of product. In addition, the new system will make the national income and product accounts more consistent with international guidelines.
Returns for Domestic Nonfinancial Business
BEA publishes aggregate rates of returns and Q ratios annually. In 2007, the profitability of nonfinancial corporations decreased for the third time since 2000.
BEA Briefing: Toward a Health Care Satellite Account
As the economic importance of health care spending grows, BEA plans to construct a satellite account for health care spending that would allow analysts to better assess the returns to treatments of disease and the sources of changes in health care costs.
Research Spotlight: A Empirical Review of Methods for Temporal Distribution and Interpolation in the National Accounts
This article summarizes research by BEA economists that assessed the relative strengths and weaknesses of various methods of interpolation used in economic accounting.
Annual Industry Accounts: Advance Statistics on GDP by Industry for 2007
In 2007, slowing economic growth was mainly accounted for by four industry groups—finance and insurance, construction, real estate and rental and leasing, and mining. The finance and insurance industry group accounted for nearly half of the slowdown.
Local Area Personal Income for 2006
County personal income growth in 2006 ranged from 648 percent in St. Bernard, Louisiana, to –43 percent in Slope, North Dakota. For the nation, personal income grew 6.7 percent.
Upcoming in the Survey...
New Foreign Direct Investment in the United States. Statistics for new investment by type of investment and investor and by country and industry for 2007.
Travel and Tourism Accounts. Updated output, employment, and other statistics for travel and tourism.