November 2024

Updated Summary of NIPA Methodologies

BEA recently improved its estimates of current-dollar GDP, current-dollar GDI, and real GDP as part of the 2024 annual update of the National Economic Accounts, which includes the National Income and Product Accounts. The sources of data and the methodologies that are now used to prepare the NIPA estimates are summarized in this report.

November 15, 2024

GDP and the Economy: Advance Estimates for the Third Quarter of 2024

Real GDP increased 2.8 percent in the third quarter of 2024, reflecting increases in consumer spending, exports, and federal government spending.

November 5, 2024