November 2019

Director’s Message

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

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

Real GDP increased 1.9 percent in the third quarter of 2019, reflecting positive contributions from consumer spending, federal government spending, residential fixed investment, state and local government spending, and exports.

Updated Summary of NIPA Methodologies

The data and methods used to prepare current-dollar and real gross domestic product and current-dollar gross domestic income, reflecting the 2019 annual NIPA update.

The 2019 Annual Update of the Industry Economic Accounts: Initial Statistics for the Second Quarter of 2019 and Revised Statistics for 2014–2018 and the First Quarter of 2019

Economic growth in the second quarter of 2019 was 2.0 percent; 14 of 22 major industry groups contributed to the overall growth in real GDP.

U.S. Travel and Tourism Satellite Account for 1998–2018

In 2018, the travel and tourism industry, as measured by the real output of goods and services sold directly to visitors, increased 4.2 percent after increasing 2.3 percent in 2017.