December 2020
Director’s Message
A message from Mary Bohman, Acting Director of the Bureau of Economic Analysis.
GDP and the Economy: Second Estimates for the Third Quarter of 2020
Real GDP increased 33.1 percent in the third quarter of 2020, reflecting positive contributions from consumer spending, inventory investment, exports, nonresidential fixed investment, and residential fixed investment.
Government Receipts and Expenditures: Third Quarter of 2020
Net government saving increased $1,523.5 billion to −$3,644.5 billion. Net federal government saving increased $2,123.7 billion to −$3,514.6 billion. Net state and local government saving decreased $600.2 billion to −$129.9 billion.
Centennial Content
BEA's Regional Program: Challenges and Milestones
BEA Economist Paul K. Medzerian of the Regional Income Division discusses some of the history of BEA's Regional Economic Accounts, as well as some of the challenges unique to the development of regional statistics.
The Evolution of BEA's Regional Statistics: Expanding State Personal Income Measurements
BEA staff introduce a 1966 reprint on a new set of regional statistics—quarterly state personal income.
The Development of BEA's Input-Output Framework
A November 1964 reprint on the first input-output tables, including an introduction describing some of the history behind BEA's input-output framework.
Wassily Leontief: Nobel Award-Winning Input-Output Economist
This top influencer profile chronicles the economist's contributions to the development of BEA's Input-Output Accounts.
Activities of U.S. Affiliates of Foreign Multinational Enterprises in 2018
Statistics on value added and employment and expenditures on property, plant, and equipment and research and development.
Preliminary Estimates of the U.S. Space Economy, 2012–2018
Preliminary estimates of the U.S. space economy's gross domestic product, gross output, employment, and compensation by industry.
U.S. Travel and Tourism Satellite Account for 2015–2019
In 2019, the travel and tourism industry, as measured by the real output of goods and services sold directly to visitors, decelerated to 1.5 percent growth after increasing 4.1 percent in 2018.
2020 Subject Guide
A list of the articles in the Survey of Current Business in 2020.
BEA 2021 News Release Schedule
A list of BEA news releases scheduled for 2021.
U.S. International Transactions. Statistics for the third quarter of 2020.
U.S. International Investment Position. Statistics for the end of the third quarter of 2020.
Interactive Data
Interactive tables, charts, and maps related to most SCB articles can be accessed in BEA's Interactive Data Application. For more information on most article topics, see BEA's data product pages.