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Home > Publications > Survey of Current Business > August 2004 - Volume 84 - Number 8


August 2004 - Volume 84 - Number 8

Business Situation: Advance Estimates for the Second Quarter of 2004

Economic growth slowed in the second quarter. Real GDP increased 3.0 percent after increasing 4.5 percent in the first quarter of 2004; the slowdown primarily reflected a deceleration in consumer spending. Prices increased about as much as in first quarter, as the price index for gross domestic purchases increased 3.5 percent after increasing 3.4 percent. Real disposable personal income increased 2.9 percent after increasing 3.2 percent. | PDF | XLS

Annual Revision of the National Income and Product Accounts: Annual Estimates, 2001-2003, and Quarterly Estimates, 2001:I-2004:I

The picture of the economy shown by the revised estimates is similar to that shown by the previously published estimates. From 2000 to 2003, real GDP grew at an average annual rate of 1.9 percent, the same as in the previously published estimates, and from the fourth quarter of 2000 to the first quarter of 2004, the average annual rate of real GDP growth is unchanged at 2.5 percent. The 2001 downturn and the subsequent recovery are slightly milder than previously estimated. | PDF

National Income and Product Accounts Tables

A set of tables presents the estimates from the annual NIPA revision. It presents revised estimates for 2001-2003, for the first quarter of 2001 through the first quarter of 2004, and for January 2001 to May 2004 and advance estimates for the second quarter of 2004 and for June 2004. | PDF | The tables in this article may be viewed and downloaded interactively.

GDP and Other Major NIPA Series, 1929-2004:II

A set of tables presents the historical series from the annual NIPA revision. Specifically, it presents estimates of GDP and its components in current dollars, in chained dollars, and in chain-type quantity and price indexes and estimates of national income and personal income. | PDF | The tables in this article may be viewed and downloaded interactively.

Operations of U.S. Affiliates of Foreign Companies: Preliminary Results From the 2002 Benchmark Survey

Reflecting developments in the U.S. economy, production and employment by majority-owned nonbank U.S. affiliates moved in divergent directions in 2002. Their current-dollar value added increased 9 percent, but their employment decreased 3 percent. | PDF

Looking Ahead

Fixed Assets and Consumer Durable Goods. The updated estimates that incorporate the results of the annual NIPA revision are scheduled to be published in the September Survey.

Travel and Tourism Satellite Accounts for 1998-2003. Updated estimates that are based on the estimates from the recent comprehensive revision of the annual industry accounts are scheduled to be published in an upcoming issue of the Survey.

BEA Current and Historical Data

National Data

  • Other NIPA and NIPA-related tables | PDF
  • Domestic perspectives | PDF
  • Charts | PDF

International Data

  • International perspectives | 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