June 2021

Director’s Message

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

GDP and the Economy: Second Estimates for the First Quarter of 2021

Real GDP increased 6.4 percent in the first quarter of 2021, reflecting positive contributions from consumer spending, nonresidential fixed investment, federal government spending, residential fixed investment, and state and local government spending.

Government Receipts and Expenditures: First Quarter of 2021

Net government saving decreased $2,028.0 billion to −$4,269.4 billion. Net federal government saving decreased $2,084.2 billion to −$4,305.4 billion. Net state and local government saving increased $56.1 billion to $36.0 billion.

Territorial Economic Accounts: New Estimates of GDP for 2019, New Estimates of GDP by Industry and Compensation by Industry for 2018, Revised Estimates for 2002–2018

New and updated estimates for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands, with a Spotlight on Puerto Rico GDP.

Subject Guide

A guide to the articles in the January–June 2021 issues of the Survey.