July 2018
Director’s Message
A message from Brian Moyer, Director of the Bureau of Economic Analysis.
GDP and the Economy: Third Estimates for the First Quarter of 2018
Real GDP increased 2.0 percent in the first quarter of 2018. The increase in real GDP in the first quarter reflected positive contributions from nonresidential fixed investment, consumer spending, exports, federal government spending, and state and local government spending.
Integrated Industry-Level Production Account for the United States: Experimental Statistics for 1987–1997, Revised Statistics for 1998–2015, and Initial Statistics for 2016
More than a decade of historical data has been added, enhancing the usefulness of the production account by allowing analysis of economic trends over a longer period.
Annual Update of the U.S. International Transactions Accounts
Revised quarterly and annual statistics that incorporate newly available and revised source data, updated seasonal factors, and changes in source data and methodologies.
U.S. International Transactions: First Quarter 2018
The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter from $116.1 billion (revised) in the fourth quarter of 2017.
U.S. Net International Investment Position: First Quarter 2018, Year 2017, and Annual Update
Detailed quarterly and annual statistics and a discussion of the annual update of the IIP accounts, which introduces new annual statistical detail for 2017.
How BEA Aligns and Augments Source Data From the U.S. Treasury Department for Inclusion in the International Transactions Accounts
The estimates of financial-account flows, which are based on Treasury Department data, are adjusted to align the estimates with balance-of-payments concepts and to close gaps in coverage.
