March 2018

Director’s Message

A message from Brian Moyer, Director of the Bureau of Economic Analysis.

GDP and the Economy: Second Estimates for the Fourth Quarter of 2017

Real GDP increased 2.5 percent, primarily reflecting contributions from consumer spending, exports, business investment, residential investment, state and local government spending, and federal spending.

NIPA Translation of the Fiscal Year 2019 Federal Budget

These federal government budget estimates, which are based on the proposed budget of the U.S. government, are often used to gauge the effects of the federal budget on U.S. economic activity.

Introducing the Outdoor Recreation Satellite Account

Prototype statistics that measure the contributions of industries associated with outdoor recreation to GDP.

Regional Quarterly Report

In the third quarter of 2017, growth in real GDP by state ranged from 5.7 percent in Delaware to 0.5 percent in South Dakota. State personal income growth ranged from 4.1 percent in Washington state to 0.3 percent in South Dakota.