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Home > Publications > Survey of Current Business > July 2006 - Volume 86 - Number 7 |
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July 2006 - Volume 86 - Number 7Director's Message| PDF version (406 kb)
Taking Account| PDF version (60 kb)
GDP and the Economy: Final Estimates for the First Quarter of 2006Real GDP increased 5.6 percent after increasing 1.7 percent, reflecting an acceleration in consumer spending, an acceleration in exports, an upturn in Federal Government spending, and an acceleration in equipment and software. Corporate profits slowed. | Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the First Quarter of 2006These estimates, including estimates of inventories for manufacturing by stage of fabrication, have been updated. | The International Investment Position of the United States at Yearend 2005The net international investment position at current cost was -$2,693.8 billion; in 2004, it was -$2,360.8 billion. The change was mainly due to record private net foreign purchases of U.S. securities and to depreciation of most major foreign currencies against the dollar. | Direct Investment Positions for 2005: Country and Industry DetailThe historical-cost position of U.S. direct investment abroad increased 1 percent after increasing 16 percent in 2004, and the position of foreign direct investment in the United States increased 8 percent after increasing 9 percent. | Annual Revision of the U.S. International Accounts for 1995-2005Each year, these estimates of U.S. transactions and of the U.S. international investment position are revised to incorporate statistical and methodological changes. | How BEA Aligns and Augments Source Data From the U.S. Treasury Department for Inclusion in the International Transactions AccountsEach year, the estimates of financial-account flows in the international transactions accounts, which are based on Treasury Department data, are adjusted to align the estimates with balance-of-payments concepts and to close gaps in coverage. | U.S. International Transactions: First Quarter of 2006The U.S. current-account deficit decreased $14.4 billion, reflecting decreases in net unilateral current transfers and the deficit on goods and a shift to a surplus on income. In the financial account, net recorded financial inflows decreased $85.1 billion to $157.6 billion. | Gross State Product: Advance Estimates for 2005 and Revised Estimates for 1998-2004Growth in real gross state product for the Nation slowed to 3.5 percent from 4.2 percent in 2004. Growth slowed in most states; 8 of the 10 fastest growing states were in the Rocky Mountain or Far West region. | State Personal Income: First Quarter of 2006Personal income for the Nation grew 1.4 percent after growing 1.9 percent in the fourth quarter of 2005, reflecting a slowdown in property income. | Looking Ahead . . .Annual Revision of the National Income and Product Accounts. The annual NIPA revision will be published in the August Survey. This issue will include an article that describes the effects of the revision on GDP and the principal sources of the revision and an extensive set of NIPA tables. BEA Current and Historical Data
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