Bureau of Economic Analysis
Survey of Current Business
Table of Contents
24 Operations of U.S. Multinational Companies: Preliminary Results From the 1999 Benchmark Survey (PDF)
During the 1990s, the operations of U.S. multinational companies (MNC's) expanded at roughly the same pace as the U.S. economy and the worldwide economy. About three-fourths of the production by U.S. MNC's took place in the United States, and about one-fourth, abroad. Europe remained the major location for production abroad by U.S. MNC's, but the most rapid growth was in Asia and Pacific and in Latin America. Manufacturing remained the most important industry for U.S. MNC production, but the most rapid growth was in services, utilities, and retail trade. U.S. MNC's continued to play a large, though somewhat diminished, role in U.S. international trade in goods. Almost nine-tenths of the sales by foreign affiliates of U.S. MNC's were to foreign, mainly local, markets rather than to the United States.
1 Business Situation: Preliminary Estimates for the Fourth Quarter of 2001 (PDF)
Real GDP increased 1.4 percent in the fourth quarter of 2001, according to the "preliminary" estimate, after decreasing 1.3 percent in the third quarter. The "advance" estimate issued last month had shown a 0.2-percent increase. The upward revision was largely attributable to a downward revision to imports (which are subtracted in calculating GDP) and an upward revision to consumer spending. In addition, government spending, fixed investment, inventory investment, and exports were revised up. The price index for gross domestic purchases increased 0.4 percent in the fourth quarter after decreasing 0.1 percent in the third. The "advance" estimate had also shown a 0.4-percent increase.
14 Federal Budget Estimates, Fiscal Year 2003 (PDF)
Each year, BEA prepares an adjusted presentation of the administration's budget estimates that is consistent with the framework of the NIPA's. For fiscal year 2003, the Federal current deficit on the NIPA basis is estimated at $78.1 billion, compared with a deficit of $80.2 billion in the administration's budget. The NIPA estimate of current receipts exceeds the budget estimate of receipts by $32.0 billion, and the NIPA estimate of current expenditures exceeds the budget estimate of expenditures by $30.0 billion.
Note: Files listed above contain the text and the tables of the articles; many of the tables are also available in XLS spreadsheets.
Change in BEA's Web Site Address. BEA's Web site can now be accessed via a new, shortened address, <www.bea.gov>. The new address and the old address, <www.bea.doc.gov>, will both function during an extended transition period. Updates on this conversion will be posted on the Web site.