A message from Mary Bohman, Acting Director of the Bureau of Economic Analysis.
Real GDP decreased 5.0 percent in the first quarter of 2020, reflecting negative contributions from consumer spending, inventory investment, nonresidential fixed investment, and exports.
Net government saving decreased $108.7 billion to −$1,564.5 billion. Net federal government saving decreased $120.0 billion to −$1,344.2 billion. Net state and local government saving increased $11.5 billion to −$220.2 billion.
A BEA initiative to expand the national accounts beyond conventional measures of economic growth.
A guide to the articles in the January–June 2020 issues of the Survey.