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July 2006 - Volume 86 - Number 7

Director's Message

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Taking Account

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

Real GDP increased 5.6 percent after increasing 1.7 percent, reflecting an acceleration in consumer spending, an acceleration in exports, an upturn in Federal Government spending, and an acceleration in equipment and software. Corporate profits slowed. | Icon for P D F document. PDF version (199 kb)

Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the First Quarter of 2006

These estimates, including estimates of inventories for manufacturing by stage of fabrication, have been updated. | Icon for P D F document. PDF version (287 kb)

The International Investment Position of the United States at Yearend 2005

The net international investment position at current cost was -$2,693.8 billion; in 2004, it was -$2,360.8 billion. The change was mainly due to record private net foreign purchases of U.S. securities and to depreciation of most major foreign currencies against the dollar. | Icon for P D F document. PDF version (637 kb)

Direct Investment Positions for 2005: Country and Industry Detail

The historical-cost position of U.S. direct investment abroad increased 1 percent after increasing 16 percent in 2004, and the position of foreign direct investment in the United States increased 8 percent after increasing 9 percent. | Icon for P D F document. PDF version (1256 kb)

Annual Revision of the U.S. International Accounts for 1995-2005

Each year, these estimates of U.S. transactions and of the U.S. international investment position are revised to incorporate statistical and methodological changes. | Icon for P D F document. PDF version (499 kb)

How BEA Aligns and Augments Source Data From the U.S. Treasury Department for Inclusion in the International Transactions Accounts

Each year, the estimates of financial-account flows in the international transactions accounts, which are based on Treasury Department data, are adjusted to align the estimates with balance-of-payments concepts and to close gaps in coverage. | Icon for P D F document. PDF version (70 kb)

U.S. International Transactions: First Quarter of 2006

The U.S. current-account deficit decreased $14.4 billion, reflecting decreases in net unilateral current transfers and the deficit on goods and a shift to a surplus on income. In the financial account, net recorded financial inflows decreased $85.1 billion to $157.6 billion. | Icon for P D F document. PDF version (13263 kb)

Gross State Product: Advance Estimates for 2005 and Revised Estimates for 1998-2004

Growth in real gross state product for the Nation slowed to 3.5 percent from 4.2 percent in 2004. Growth slowed in most states; 8 of the 10 fastest growing states were in the Rocky Mountain or Far West region. | Icon for P D F document. PDF version (1111 kb)

State Personal Income: First Quarter of 2006

Personal income for the Nation grew 1.4 percent after growing 1.9 percent in the fourth quarter of 2005, reflecting a slowdown in property income. | Icon for P D F document. PDF version (307 kb)

Looking Ahead . . .

Annual Revision of the National Income and Product Accounts. The annual NIPA revision will be published in the August Survey. This issue will include an article that describes the effects of the revision on GDP and the principal sources of the revision and an extensive set of NIPA tables.

BEA Current and Historical Data

National Data

International Data

Regional Data


  • Additional information about the NIPA estimatesIcon for P D F document. PDF version (259 kb)
  • Suggested reading | Icon for P D F document. PDF version (124 kb)

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