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Showing posts with the label Bureau of Economic Analysis

Real Personal Income for States and Metropolitan Areas, 2017

Real Personal Income for States and Metropolitan Areas, 2017 Real state personal income grew 2.6 percent in 2017, after increasing 1.5 percent in 2016, 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 4.5 percent in New York to -1.3 percent in North Dakota. Across metropolitan areas, the percent change ranged from 14.8 percent in Midland, MI to -5.9 percent in Enid, OK. Full Text Published May 16, 2019 at 05:30PM Read more at bea.gov

Gross Domestic Product, 1st quarter 2019 (advance estimate)

Gross Domestic Product, 1st quarter 2019 (advance estimate) Real gross domestic product (GDP) increased 3.2 percent in the first quarter of 2019, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. Full Text Published April 26, 2019 at 05:30PM Read more at bea.gov

U.S. International Investment Position, 4th quarter and Year 2018

U.S. International Investment Position, 4th quarter and Year 2018 The U.S. net international investment position decreased to -$9,717.1 billion (preliminary) at the end of the fourth quarter of 2018 from -$9,634.8 billion (revised) at the end of the third quarter. The $82.4 billion decrease reflected net financial transactions of -$199.2 billion and net other changes in position, such as price and exchange-rate changes, of $116.8 billion. Full Text Published March 29, 2019 at 07:00PM Read more at bea.gov

Personal Income, February 2019; Personal Outlays, January 2019

Personal Income, February 2019; Personal Outlays, January 2019 Personal income increased 0.2 percent in February after decreasing 0.1 percent in January. Wages and salaries, the largest component of personal income, increased 0.3 percent in February, the same increase as in January. Full Text Published March 29, 2019 at 05:30PM Read more at bea.gov

Gross Domestic Product, 4th quarter and annual 2018 (third estimate); Corporate Profits, 4th quarter and annual 2018

Gross Domestic Product, 4th quarter and annual 2018 (third estimate); Corporate Profits, 4th quarter and annual 2018 Real gross domestic product (GDP) increased 2.2 percent in the fourth quarter of 2018, according to the "third" estimate released by the Bureau of Economic Analysis. The growth rate was revised down 0.4 percentage point from the "initial" estimate released in February. In the third quarter, real GDP increased 3.4 percent. Full Text Published March 28, 2019 at 05:30PM Read more at bea.gov

U.S. International Transactions, 4th quarter and Year 2018

U.S. International Transactions, 4th quarter and Year 2018 The U.S. current-account deficit increased to $134.4 billion (preliminary) in the fourth quarter of 2018 from $126.6 billion (revised) in the third quarter of 2018. As a percentage of U.S. GDP, the deficit increased to 2.6 percent from 2.5 percent. The previously published current-account deficit for the third quarter was $124.8 billion. Full Text Published March 27, 2019 at 07:00PM Read more at bea.gov

U.S. International Trade in Goods and Services, January 2019

U.S. International Trade in Goods and Services, January 2019 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $51.1 billion in January, down $8.8 billion from $59.9 billion in December, revised. January exports were $207.3 billion, $1.9 billion more than December exports. January imports were $258.5 billion, $6.8 billion less than December imports. Full Text Published March 27, 2019 at 05:30PM Read more at bea.gov

State Quarterly Personal Income, 4th quarter 2018 and State Annual Personal Income, 2018 (preliminary)

State Quarterly Personal Income, 4th quarter 2018 and State Annual Personal Income, 2018 (preliminary) State personal income increased 4.5 percent in 2018, after increasing 4.4 percent in 2017. In 2018, personal income increased in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.8 percent in Washington to 2.9 percent in Hawaii. Full Text Published March 26, 2019 at 05:30PM Read more at bea.gov

Arts and Cultural Production Satellite Account, U.S. and States 2016

Arts and Cultural Production Satellite Account, U.S. and States 2016 The Arts and Cultural Production Satellite Account (ACPSA) released today by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) shows that arts and cultural economic activity, adjusted for inflation, increased 2.9 percent in 2016. That compares with a 5.4 percent increase in 2015. Arts and cultural economic activity accounted for 4.3 percent of gross domestic product (GDP), or $804.2 billion, in 2016. Full Text Published March 19, 2019 at 07:00PM Read more at bea.gov

U.S. International Trade in Goods and Services, December 2018

U.S. International Trade in Goods and Services, December 2018 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $59.8 billion in December, up $9.5 billion from $50.3 billion in November, revised. December exports were $205.1 billion, $3.9 billion less than November exports. December imports were $264.9 billion, $5.5 billion more than November imports. Full Text Published March 06, 2019 at 06:30PM Read more at bea.gov

Personal Income and Outlays, December 2018; Personal Income, January 2019

Personal Income and Outlays, December 2018; Personal Income, January 2019 Personal income decreased 0.1 percent in January after increasing 1.0 percent in December, the largest increase since December 2012. Wages and salaries, the largest component of personal income, increased 0.3 percent in January after increasing 0.5 percent in December. Full Text Published March 01, 2019 at 06:30PM Read more at bea.gov

Initial Gross Domestic Product, 4th quarter and annual 2018

Initial Gross Domestic Product, 4th quarter and annual 2018 Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2018, according to the ?initial? estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent. Full Text Published February 28, 2019 at 06:30PM Read more at bea.gov

Gross Domestic Product by State, 3rd quarter 2018

Gross Domestic Product by State, 3rd quarter 2018 Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2018. The percent change in real GDP in the third quarter ranged from 5.8 percent in Washington to 0.0 percent in West Virginia. Full Text Published February 26, 2019 at 06:30PM Read more at bea.gov

Gross Domestic Product by Industry, 3rd quarter 2018

Gross Domestic Product by Industry, 3rd quarter 2018 Wholesale trade; information; and finance and insurance were the leading contributors to the increase in U.S. economic growth in the third quarter of 2018. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 19 of 22 industry groups contributed to the overall 3.4 percent increase in real GDP in the third quarter. Full Text Published February 21, 2019 at 06:30PM Read more at bea.gov

Personal Income and Outlays, November 2018

Personal Income and Outlays, November 2018 Personal income increased 0.2 percent in November after increasing 0.5 percent in October. Wages and salaries, the largest component of personal income, increased 0.2 percent in November after increasing 0.4 percent in October. Full Text Published December 21, 2018 at 06:30PM Read more at bea.gov

Gross Domestic Product, 3rd quarter 2018 (third estimate); Corporate Profits, 3rd quarter 2018 (revised estimate)

Gross Domestic Product, 3rd quarter 2018 (third estimate); Corporate Profits, 3rd quarter 2018 (revised estimate) Real gross domestic product (GDP) increased 3.4 percent in the third quarter of 2018, according to the "third" estimate released by the Bureau of Economic Analysis. The growth rate was revised down 0.1 percentage point from the "second" estimate released in November. In the second quarter, real GDP increased 4.2 percent. Full Text Published December 21, 2018 at 06:30PM Read more at bea.gov

State Quarterly Personal Income, 3rd quarter 2018

State Quarterly Personal Income, 3rd quarter 2018 State personal income increased 4.0 percent at an annual rate in the third quarter of 2018, an acceleration from the 3.4 percent increase in the second quarter. Personal income increased in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.2 percent in Nevada and Washington to 2.1 percent in Missouri. Full Text Published December 20, 2018 at 06:30PM Read more at bea.gov

U.S. International Transactions, 3rd quarter 2018

U.S. International Transactions, 3rd quarter 2018 The U.S. current-account deficit increased to $124.8 billion (preliminary) in the third quarter of 2018 from $101.2 billion (revised) in the second quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.4 percent of current-dollar gross domestic product (GDP) in the third quarter, up from 2.0 percent in the second quarter. The previously published current-account deficit for the second quarter was $101.5 billion. Full Text Published December 19, 2018 at 06:30PM Read more at bea.gov

Gross Domestic Product for U.S. Virgin Islands (USVI), 2017

Gross Domestic Product for U.S. Virgin Islands (USVI), 2017 The estimates of GDP for the USVI show that real GDP - GDP adjusted to remove price changes - decreased 1.7 percent in 2017 after increasing 0.9 percent in 2016. For comparison, real GDP for the United States (excluding the territories) increased 2.2 percent in 2017 after increasing 1.6 percent in 2016. Full Text Published December 17, 2018 at 06:30PM Read more at bea.gov

Gross Domestic Product by County, Prototype Estimates, 2012-2015

Gross Domestic Product by County, Prototype Estimates, 2012-2015 The Bureau of Economic Analysis released prototype statistics for gross domestic product (GDP) by county for 2012-2015. Combined with BEA's county estimates of personal income, GDP by county offers a more complete picture of local area economic conditions. Full Text Published December 12, 2018 at 06:30PM Read more at bea.gov