September 2020

Director’s Message

A message from Mary Bohman, Acting Director of the Bureau of Economic Analysis.

GDP and the Economy: Second Estimates for the Second Quarter of 2020

Real GDP decreased 31.7 percent in the second quarter of 2020, reflecting negative contributions from consumer spending, exports, nonresidential fixed investment, inventory investment, residential fixed investment, and state and local government spending.

Government Receipts and Expenditures: Second Quarter of 2020

Net government saving decreased $3,789.1 billion to −$5,142.6 billion. Net federal government saving decreased $4,508.3 billion to −$5,659.1 billion. Net state and local government saving increased $719.2 billion to $516.5 billion.

Arts and Cultural Production Satellite Account: New Statistics for 2017 and Updated Statistics from 1998 to 2016

New national and state-level statistics for value added, employment, and compensation in the arts and cultural industries.

Visual Essay

Activities of U.S. Multinational Enterprises in 2018

A look at the results of the 2018 Annual Survey of U.S. Direct Investment Abroad. Worldwide employment by U.S. multinational enterprises increased 1.4 percent in 2018 to 43.0 million workers.

Experimental Estimates of PCE-Weighted Regional Price Parities and Real PCE by State

Experimental state-level PCE data that are adjusted by the regional price parities and the national PCE price index.