Personal Income and Outlays, September 2020
Personal income increased 0.9 percent while consumer spending increased 1.4 percent in September, according to estimates released today by the Bureau of Economic Analysis. Full Text

Published October 30, 2020 at 06:00PM
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U.S. International Transactions, 2nd Quarter 2020
The U.S. current account deficit widened by $59.0 billion, or 52.9 percent, to $170.5 billion in the second quarter of 2020, according to statistics from the U.S. Bureau of Economic Analysis. The revised first quarter deficit was $111.5 billion. The second quarter deficit was 3.5 percent of current dollar gross domestic product, up from 2.1 percent in the first quarter. Full Text

Published September 18, 2020 at 06:00PM
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Personal Income and Outlays, June 2020
Personal income decreased 1.1 percent while consumer spending increased 5.6 percent in June. Full Text

Published July 31, 2020 at 06:00PM
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Gross Domestic Product by Industry, 1st Quarter 2020
Accommodation and food services; finance and insurance; and health care and social assistance industries were the leading contributors to the 5.0 percent (annual rate) decrease in gross domestic product (GDP) in the first quarter of 2020. Full Text

Published July 06, 2020 at 06:00PM
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Personal Income and Outlays, May 2020
Personal income decreased 4.2 percent while consumer spending increased 8.2 percent in May. Full Text

Published June 26, 2020 at 06:00PM
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U.S. International Transactions, 1st Quarter 2020 and Annual Update
The U.S. current account deficit narrowed by $0.1 billion, or 0.1 percent, to $104.2 billion in the first quarter of 2020, according to statistics from the U.S. Bureau of Economic Analysis. The revised fourth quarter deficit was $104.3 billion. The first quarter deficit was 1.9 percent of current dollar gross domestic product, up less than 0.1 percentage point from the fourth quarter. Full Text

Published June 19, 2020 at 06:00PM
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Real Personal Income by State and Metropolitan Area, 2018
Real state personal income grew 3.4 percent in 2018, after increasing 2.9 percent in 2017, according to estimates released today by the Bureau of Economic Analysis. Real state personal income is a state's current-dollar personal income adjusted by the state's regional price parity and the national personal consumption expenditures price index. The percent change in real state personal income ranged from 6.7 percent in Wyoming to 0.9 percent in Mississippi. Across metropolitan areas, the percent change ranged from 15.6 percent in Midland, TX to -1.1 percent in Sebring-Avon Park, FL. Full Text

Published May 18, 2020 at 06:00PM
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Gross Domestic Product by Industry, 4th Quarter and Year 2019
Retail trade, finance and insurance, and utilities were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2019, according to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis. An increase in private services-producing industries was partly offset by a slight decrease in goods-producing industries; the government sector increased. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the fourth quarter. Full Text

Published April 06, 2020 at 06:00PM
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U.S. International Trade in Goods and Services, January 2020
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $45.3 billion in January, down $3.3 billion from $48.6 billion in December, revised. January exports were $208.6 billion, $0.9 billion less than December exports. January imports were $253.9 billion, $4.2 billion less than December imports. Full Text

Published March 06, 2020 at 07:00PM
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Gross Domestic Product by State, 3rd Quarter 2019
Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2019, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the third quarter ranged from 4.0 percent in Texas to 0.0 percent in Delaware. Full Text

Published January 10, 2020 at 07:00PM
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Gross Domestic Product by Industry, 3rd Quarter 2019
Nondurable goods manufacturing; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the third quarter. Full Text

Published January 09, 2020 at 07:00PM
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U.S. International Investment Position, 3rd quarter 2019
The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$10.95 trillion at the end of the third quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $28.26 trillion and liabilities were $39.21 trillion. At the end of the second quarter, the net investment position was -$10.61 trillion. Full Text

Published December 27, 2019 at 07:00PM
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Personal Income and Outlays, November 2019
Personal income increased 0.5 percent in November after increasing 0.1 percent in October. Wages and salaries, the largest component of personal income, increased 0.4 percent in November after increasing 0.5 percent in October. Full Text

Published December 20, 2019 at 08:30PM
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Gross Domestic Product, 3rd quarter 2019 (third estimate); Corporate Profits, 3rd quarter 2019 (revised estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the third quarter of 2019, according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent. Full Text

Published December 20, 2019 at 07:00PM
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Gross Domestic Product for the U.S. Virgin Islands, 2018
The estimates of GDP for the USVI show that real GDP-GDP adjusted to remove price changes-increased 1.5 percent in 2018 after decreasing 0.6 percent in 2017. For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. Full Text

Published December 17, 2019 at 07:30PM
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U.S. International Trade in Goods and Services, October 2019
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September, revised. October exports were $207.1 billion, $0.4 billion less than September exports. October imports were $254.3 billion, $4.3 billion less than September imports. Full Text

Published December 05, 2019 at 07:00PM
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Local Area Personal Income, 2018
In 2018, personal income increased in 3,019 counties, decreased in 91, and was unchanged in 3, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Personal income increased 5.7 percent in the metropolitan portion of the United States and increased 4.8 percent in the nonmetropolitan portion. In metropolitan counties, the percent change in personal income ranged from ?3.2 percent in Lynn County, Texas to 17.5 percent in Midland County, Texas. In nonmetropolitan counties, it ranged from ?20.8 percent in Sherman County, Texas, to 64.5 percent in Issaquena County, Mississippi. Full Text

Published November 14, 2019 at 07:00PM
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Gross Domestic Product for the Commonwealth of the Northern Mariana Islands (CNMI), 2018
The estimates of GDP for the CNMI show that real GDP-GDP adjusted to remove price changes-decreased 19.6 percent in 2018 after increasing 25.5 percent in 2017 (see Table 1.3). For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. Full Text

Published November 07, 2019 at 05:30AM
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Gross Domestic Product, Third Quarter 2019 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the third quarter of 2019, according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent. Full Text

Published October 30, 2019 at 06:00PM
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Gross Domestic Product for Guam, 2018
The estimates of GDP for Guam show that real GDP-GDP adjusted to remove price changes-decreased 0.3 percent in 2018 after increasing 0.2 percent in 2017. For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. Full Text

Published October 09, 2019 at 11:30AM
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