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October 2003 - Volume 83 - Number 10

Business Situation: Final Estimates for the Second Quarter of 2003

Real GDP increased 3.3 percent in the second quarter, according to the final estimates. Last month, the "preliminary" estimates had shown a 3.1-percent increase. The upward revision was mainly accounted for by inventory investment and residential investment. Corporate profits increased $80.6 billion (9.9 percent at a quarterly rate) in the second quarter, a downward revision of $7.7 billion from the estimate released a month ago.
(PDF) (The tables in this article are available in XLS format.)

Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade, 2003:II

Four tables present the latest quarterly and monthly estimates of real inventories and sales for manufacturing and trade and of real inventories by stage of fabrication for manufacturing.
(PDF)

Measuring the Services of Property-Casualty Insurance in the NIPAs: Changes in Concepts and Methods

As part of the upcoming comprehensive revision of the NIPAs, the measure of the services of property and casualty insurance will be changed in order to recognize the implicit services that are funded by investment income, to adopt a treatment of insured losses that is more consistent with the economic behavior of the insurer, and to change the treatment of reinsurance. As a result of this change, the average annual output of property-casualty insurance has significantly increased, and the large swings in the measured services that are caused by catastrophes are eliminated.
(PDF)

U.S. International Transactions, Second Quarter 2003

The U.S. current-account deficit increased $7.5 billion, to $136.1 billion, in the second quarter. About half of the increase was accounted for by an increase in the deficit on goods, but decreases in the surpluses on services and on income and an increase in net outflows for unilateral current transfers also contributed. Net recorded financial inflows decreased $39.8 billion, as financial outflows for U.S.-owned assets abroad increased and financial inflows for foreign-owned assets in the United States decreased.
(PDF) (Interactive Data)

U.S. International Services: Cross-Border Trade in 2002 and Sales Through Affiliates in 2001

In 2002, U.S. exports of private services increased 1 percent to $279.5 billion, and U.S. imports of services increased 2 percent to $205.2 billion. The modest recovery reflected pickups in economic activity in the United States and in many foreign countries. In 2001, the most recent year for which data are available, sales of private services abroad by foreign affiliates of U.S. companies increased 5 percent to $432.1 billion, and sales of private services in the United States by U.S. affiliates of foreign companies increased 7 percent to $366.9 billion. Growth slowed from 2000 because of the slow worldwide economic growth in 2001 and the end of the exceptionally high levels of cross-border mergers and acquisitions.
(PDF) (The tables in this article are available in XLS format.)

BEA Current and Historical Data

National Data

  • Selected NIPA tables (PDF) 
  • Other NIPA and NIPA-related tables (PDF)
  • Historical measures (PDF)
  • 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)