January 2004 - Volume 84 - Number 1
Business Situation: Final Estimates for the Third Quarter of 2003
The acceleration in the pace of U.S. production in the third quarter
of 2003 was confirmed by the final estimates. Real GDP increased 8.2 percent,
the same rate shown by the preliminary estimates released in November.
The acceleration reflected strong consumer spending and an improved trade
balance. Inflation was moderate: The price index for gross domestic purchases
increased 1.8 percent after increasing 0.4 percent, partly reflecting
an upturn in energy prices. | PDF
| XLS
Preview of Selected Tables From the 2003 Comprehensive Revision of the
National Income and Product Accounts
This preview presents revised annual estimates for 1999-2002 and quarterly
estimates for the first quarter of 2000 through the third quarter of 2003
for selected tables from the national income and product accounts. | PDF
| The tables in this article may be viewed and downloaded interactively.
An Ownership-Based Framework of the U.S. Current Account, 1992-2002
BEA's ownership-based current account has been updated. This report presents
revised estimates for 1992-2000, new detailed estimates for 2001, and
new summary estimates for 2002. This framework supplements BEA's international
transactions accounts by highlighting the participation of multinational
companies in the international markets for goods and services through
both cross-border trade and sales by local affiliates. | PDF
U.S. International Transactions, Third Quarter 2003
The U.S. current-account deficit decreased $4.4 billion, to $135.0 billion,
in the third quarter. The decrease was attributable to a decrease in the
deficit on goods, to increases in the surpluses on services and on income,
and to a decrease in net outflows for unilateral current transfers. In
the financial account, net recorded inflows decreased $26.7 billion, to
$123.3 billion. Both financial inflows for foreign-owned assets in the
United States and financial outflows for U.S.-owned assets abroad decreased
substantially, but the decrease in inflows was larger than that in outflows.
| PDF
| The tables in this article may
be viewed and downloaded interactively.
Errata: Selected Data for Majority-Owned Nonbank Foreign Affiliates by
Country of Affiliate
The data now include the final estimates of research and development
expenditures of majority-owned nonbank foreign affiliates, U.S. exports
of goods shipped to these affiliates, and U.S. imports of goods shipped
by these affiliates for 2000. These estimates replace the estimates published
in the article on the operations of U.S. multinational companies in the
November 2003 Survey. | PDF
Looking Ahead
Improved NIPA Estimates for 1929-2003. The February 2004 Survey will
include an article that describes the comprehensive revision in detail
and an extensive set of tables that will present the revised estimates.
BEA Current and Historical Data
National Data
- Domestic perspectives | PDF
- Charts | PDF
International Data
- Transactions tables | PDF
- Investment tables | PDF
- International perspectives | PDF
- Charts | PDF
Regional Data
- State and regional tables | PDF
- Local area table | PDF
- Charts | PDF
Appendixes
- Additional information about the NIPA estimates
| PDF
- Suggested reading | PDF
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