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