January 2022

Director’s Message

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

GDP and the Economy: Third Estimates for the Third Quarter of 2021

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.

U.S. International Transactions: Third Quarter 2021

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.

U.S. International Investment Position: Third Quarter 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.