October 2024
The 2024 Annual Update of the National Economic Accounts
Details of the annual update for the National Income and Product Accounts and the Industry Economic Accounts, which incorporated newly available and revised source data as well as improved methods and updated seasonal adjustment factors.
A Look at the U.S. International Transactions: Second Quarter of 2024
The U.S. current-account deficit increased to $266.8 billion in the second quarter of 2024 from $241.0 billion in the first quarter.
Government Receipts and Expenditures: Second Quarter of 2024
Net government saving decreased $57.3 billion to −$1,857.2 billion. Net federal government saving decreased $17.5 billion to −$1,763.6 billion. Net state and local government saving decreased $39.7 billion to −$93.5 billion.
U.S. International Services: Trade in Services in 2023 and Services Supplied Through Affiliates in 2022
In 2023, U.S. exports of services exceeded U.S. imports of services for a surplus of $278.4 billion. In 2022, services supplied to foreign markets through foreign affiliates of U.S. MNEs exceeded services supplied to the United States through U.S. affiliates of foreign MNEs.
A Look at the U.S. International Investment Position: Second Quarter of 2024
The net international investment position decreased from −$21.29 trillion at the end of the first quarter of 2024 to −$22.52 trillion at the end of the second quarter.
GDP and the Economy: Third Estimates for the Second Quarter of 2024
Real GDP increased 3.0 percent in the second quarter of 2024, primarily reflecting increases in consumer spending, private inventory investment, and nonresidential fixed investment.