A message from Mary Bohman, Acting Director of the Bureau of Economic Analysis.
Real GDP increased 2.3 percent in the third quarter of 2021, reflecting positive contributions from private inventory investment, consumer spending, state and local government spending, and nonresidential fixed investment.
The U.S. current-account deficit increased to $214.8 billion in the third quarter from $198.3 billion in the second quarter of 2021.
The U.S. net international investment position was –$16.07 trillion at the end of the third quarter of 2021. At the end of the second quarter, the net investment position was –$15.91 trillion.
NIPA Translation of the Fiscal Year 2022 Federal Budget
In most years, the Bureau of Economic Analysis publishes an article in the
Survey of Current Business that discusses estimates of federal government receipts and expenditures based on the proposed budget of the U.S. government. This article was not published in 2021 due to delays in the availability and processing of key inputs and updates to budget projections the Office of Management and Budget (OMB) made over the course of the year. To find information about updates that have been made to the Administration’s budget estimates since the budget was released, refer to the OMB 2022 Mid-Session Review. We expect to return to regular publication of this article in spring 2022.
Upcoming in the
Survey of Current Business…
Returns for Domestic Nonfinancial Business. Aggregate rates of return in 2020 for nonfinancial corporations, industries, and selected industry groups.