February 2019

Director’s Message

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

GDP and the Economy: Third Estimates for the Third Quarter of 2018

Real GDP increased 3.4 percent, reflecting positive contributions from consumer spending, inventory investment, nonresidential fixed investment, federal government spending, and state and local government spending.

U.S. International Transactions: Third Quarter 2018

The U.S. current-account deficit increased to $124.8 billion from $101.2 billion in the second quarter. In the financial account, net U.S. borrowing was $31.3 billion, down from $153.7 billion.

An Ownership-Based Framework of the U.S. Current Account, 2017

This annual report presents current-account statistics that integrate information on trade in goods and services with sales by U.S. and foreign multinational enterprises through their affiliates in other countries.

U.S. Net International Investment Position: Third Quarter 2018

The net international investment position decreased to −$9,627.2 billion at the end of the third quarter of 2018 from −$8,845.1 billion at the end of the second quarter.

Territorial Economic Accounts: New Estimates of GDP for 2017, New Estimates of GDP by Industry and Compensation by Industry for 2016

New and updated estimates for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands.