A message from Brian Moyer, Director of the Bureau of Economic Analysis.
Real GDP increased 2.1 percent in the third quarter of 2019, reflecting positive contributions from consumer spending, federal government spending, residential investment, exports, and state and local government spending.
The U.S. current-account deficit decreased to $124.1 billion in the third quarter of 2019 from $125.2 billion in the second quarter.
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.
The U.S. net international investment position was −$10.95 trillion at the end of the third quarter of 2019. At the end of the second quarter, the net investment position was −$10.61 trillion.
A look at new local area gross domestic product statistics and local area personal income statistics, both for 2018, and personal consumption expenditures by state, also for 2018.