May 2019

Director’s Message

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

GDP and the Economy: Advance Estimates for the First Quarter of 2019

Real GDP increased 3.2 percent, reflecting positive contributions from consumer spending, inventory investment, exports, state and local government spending, and nonresidential fixed investment.

NIPA Translation of the Fiscal Year 2020 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.

Measuring the Digital Economy

Presenting updated estimates toward a digital economy satellite account; the digital economy accounted for 6.9 percent of U.S. GDP in 2017.

Regional Quarterly Report

A look at real GDP by state for 2018 and revised statistics for 2015–2017.