April 2021
Director’s Message
A message from Mary Bohman, Acting Director of the Bureau of Economic Analysis.
GDP and the Economy: Third Estimates for the Fourth Quarter of 2020
Real GDP increased 4.3 percent in the fourth quarter of 2020, reflecting positive contributions from exports, nonresidential fixed investment, consumer spending, residential fixed investment, and private inventory investment.
Government Receipts and Expenditures: Fourth Quarter of 2020
Net government saving increased $1,315.3 billion to −$2,290.0 billion. Net federal government saving increased $1,258.8 billion to −$2,269.8 billion. Net state and local government saving increased $56.6 billion to −$20.1 billion.
Centennial Content
The Introduction of KLEMS Estimates
A September 2005 reprint highlighting new estimates of U.S. economic growth by industry, reflecting the more services-oriented economy.
Major Improvement to U.S. International Services Statistics: Measure of Services Supplied Through Bank Affiliates
An October 2009 reprint discussing new statistics for cross-border banking services and for those services supplied by direct investment by affiliates of multinational companies.
Nancy and Richard Ruggles: A Professional and Personal Partnership
This top influencer profile chronicles the couple's contributions to the field of national income accounting.
Integrated BEA/BLS Industry-Level Production Account and the Sources of U.S. Economic Growth: New Statistics for 2019 and Updated Statistics for 1987–2018, Including Extended Capital Detail
Presents the sources of GDP growth across industries for the period 1987–2019.
U.S. International Transactions: Fourth Quarter and Year 2020
The U.S. current-account deficit increased $7.6 billion to $188.5 billion in the fourth quarter of 2020. In 2020, the U.S. current account deficit increased $167.0 billion to $647.2 billion.
U.S. International Investment Position: Fourth Quarter and Year 2020
The U.S. net international investment position was −$14.09 trillion at the end of the fourth quarter of 2020, compared to −$13.86 trillion at the end of the third quarter. At the end of 2020, the U.S. net international investment position was −$14.09 trillion, compared to −11.05 trillion at the end of 2019.
Preview of the 2021 Annual Update of the International Economic Accounts
A look at upcoming changes to the International Transactions Accounts and to the International Investment Position Accounts.
GDP and the Economy. Advance estimates for the first quarter of 2021.
Interactive Data
Interactive tables, charts, and maps related to most SCB articles can be accessed in BEA's Interactive Data Application. For more information on most article topics, see BEA's data product pages.