Survey of Current Business

Survey of Current Business
Chronicling 100 Years of the U.S. Economy

May 2022
Volume 102, Number 5

May 2022

Director’s Message

A message from Mary Bohman, Acting Director of the Bureau of Economic Analysis. [PDF]

GDP and the Economy: Advance Estimates for the First Quarter of 2022

Real GDP decreased 1.4 percent in the first quarter of 2022, reflecting decreases in private inventory investment, exports, federal government spending, and state and local government spending, while imports, which are a subtraction in the calculation of GDP, increased. [PDF]