July 2019
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 2019
Real GDP increased 3.1 percent in the first quarter of 2019, reflecting positive contributions from exports, consumer spending, nonresidential fixed investment, inventory investment, and state and local government spending.
Integrated BEA/BLS Industry-Level Production Account and the Sources of U.S. Economic Growth: New Statistics for 2017 and Updated Statistics for 1998–2016
Presents the sources of GDP growth across industries for the period 1998–2017.
Annual Update of the U.S. International Transactions Accounts
Revised quarterly and annual statistics that incorporate newly available and revised source data and updated seasonal and trading day adjustments.
U.S. International Transactions: First Quarter 2019
The U.S. current-account deficit decreased to $130.4 billion in the first quarter from $143.9 billion in the fourth quarter of 2018.
U.S. Net International Investment Position: First Quarter 2019, Year 2018, and Annual Update
The net international investment position decreased 3.9 percent to −$9.93 trillion in the first quarter of 2019. The position decreased 23.4 percent to −$9.55 trillion billion in 2018.
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.
