GDP and the Economy: Advance Estimates for the Third Quarter of 2008
Real GDP decreased 0.3 percent after increasing 2.8 percent in the second quarter. Prices paid by U.S. residents increased 4.8 percent after increasing 4.2 percent, reflecting accelerating food prices.
Newly Available NIPA Tables
From the annual NIPA revision: statistics on personal income by households and nonprofit institutions serving households and a comparison of BEA and IRS statistics on nonprofits.
Updated Summary of NIPA Methodologies
The source data and methods used to prepare current-dollar and real estimates of GDP and current-dollar estimates of gross domestic income have been updated as part of the annual NIPA revision.
U.S. Multinational Companies: Operations in 2006
The value added of U.S. multinational companies increased 8.4 percent. The value added of U.S. parents increased 8.1 percent, and the value of their foreign affiliates increased 9.2 percent.
Reconciliation of the United States–Canadian Current Account, 2006 and 2007
Each year, the bilateral current-account estimates of the United States and Canada are reconciled to show how the estimates would appear if both countries used the same definitions, methodologies, and data sources.
Research Spotlight
Regional Price Parities: Comparing Price Level Differences Across Geographic Areas
A look at BEA’s research into regional price parities, which show price level differences across various regions in the United States. These parities are used to adjust regional personal income and GDP measures for 2005 and 2006.
Upcoming in the Survey...
Annual Industry Accounts. Revised statistics for 2005-2007.