Chronicling 100 Years of the U.S. Economy

April 2021
Volume 101, Number 4

April 2021

Director’s Message

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

GDP and the Economy: Third Estimates for the Fourth Quarter of 2020

Real GDP increased 4.3 percent in the fourth quarter of 2020, reflecting positive contributions from exports, nonresidential fixed investment, consumer spending, residential fixed investment, and private inventory investment. [PDF]

Government Receipts and Expenditures: Fourth Quarter of 2020

Net government saving increased $1,315.3 billion to –$2,290.0 billion. Net federal government saving increased $1,258.8 billion to –$2,269.8 billion. Net state and local government saving increased $56.6 billion to –$20.1 billion. [PDF]

 

Integrated BEA/BLS Industry-Level Production Account and the Sources of U.S. Economic Growth: New Statistics for 2019 and Updated Statistics for 1987–2018, Including Extended Capital Detail

Presents the sources of GDP growth across industries for the period 1987–2019. [PDF]

U.S. International Transactions: Fourth Quarter and Year 2020

The U.S. current-account deficit increased $7.6 billion to $188.5 billion in the fourth quarter of 2020. In 2020, the U.S. current account deficit increased $167.0 billion to $647.2 billion. [PDF]

U.S. International Investment Position: Fourth Quarter and Year 2020

The U.S. net international investment position was –$14.09 trillion at the end of the fourth quarter of 2020, compared to –$13.86 trillion at the end of the third quarter. At the end of 2020, the U.S. net international investment position was –$14.09 trillion, compared to –11.05 trillion at the end of 2019. [PDF]

Preview of the 2021 Annual Update of the International Economic Accounts

A look at upcoming changes to the International Transactions Accounts and to the International Investment Position Accounts. [PDF]