NEWS

Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter of 2020, real GDP decreased 5.0 percent. Full Text Published July 30, 2020 at 05:30AM Read more at bea.gov

Direct Investment by Country and Industry, 2019 The U.S. direct investment abroad position, or cumulative level of investment, increased $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $95.7 billion increase in the position in Europe, primarily in the United Kingdom and the Netherlands. By industry, manufacturing affiliates accounted for most of the increase. The foreign direct investment in the United States position increased $331.2 billion to $4.46 trillion at the end of 2019 from $4.13 trillion at the end of 2018. The increase mainly reflected a $157.3 billion increase in the position from Asia and Pacific, primarily Japan. By industry, affiliates in manufacturing, finance and insurance, and wholesale trade accounted for the largest increases. Full Text Published July 23, 2020 at 05:30AM Read more at bea.gov

Gross Domestic Product by State, 1st Quarter 2020 Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the first quarter of 2020. The percent change in real GDP in the first quarter ranged from -1.3 percent in Nebraska to -8.2 percent in New York and Nevada. Full Text Published July 07, 2020 at 05:30AM Read more at bea.gov

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 05:30AM Read more at bea.gov

U.S. International Trade in Goods and Services, May 2020 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.6 billion in May, up $4.8 billion from $49.8 billion in April, revised. May exports were $144.5 billion, $6.6 billion less than April exports. May imports were $199.1 billion, $1.8 billion less than April imports. Full Text Published July 02, 2020 at 05:30AM Read more at bea.gov

New Foreign Direct Investment in the United States, 2019 Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $194.7 billion in 2019, down 37.7 percent from $312.5 billion in 2018. Full Text Published July 01, 2020 at 05:30AM Read more at bea.gov

U.S. International Investment Position, 1st Quarter 2020, Year 2019, and Annual Update The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$12.06 trillion at the end of the first quarter of 2020, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $26.77 trillion and liabilities were $38.82 trillion. At the end of the fourth quarter of 2019, the net investment position was -$11.05 trillion. Full Text Published June 30, 2020 at 05:30AM Read more at bea.gov

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 05:30AM Read more at bea.gov

Gross Domestic Product, 1st Quarter 2020 (Third Estimate); Corporate Profits, 1st Quarter 2020 (Revised Estimate) Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the "third" estimate released by the Bureau of Economic Analysis. The decline is the same as in the "second" estimate released in May. In the fourth quarter of 2019, real GDP increased 2.1 percent. Full Text Published June 25, 2020 at 05:30AM Read more at bea.gov

Personal Income by State, 1st Quarter 2020 State personal income increased 2.3 percent at an annual rate in the first quarter of 2020, a deceleration from the 3.6 percent increase in the fourth quarter of 2019. The percent change in personal income across all states ranged from 4.9 percent in New Mexico to -0.3 percent in Michigan. Full Text Published June 23, 2020 at 05:30AM Read more at bea.gov

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 05:30AM Read more at bea.gov

U.S. International Trade in Goods and Services, April 2020 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $49.4 billion in April, up $7.1 billion from $42.3 billion in March, revised. April exports were $151.3 billion, $38.9 billion less than March exports. April imports were $200.7 billion, $31.8 billion less than March imports. Full Text Published June 04, 2020 at 05:30AM Read more at bea.gov

Personal Income and Outlays, April 2020 Personal income increased 10.5 percent (monthly rate) in April according to estimates released today by the Bureau of Economic Analysis. Disposable personal income increased 12.9 percent and consumer spending decreased 13.6 percent. Full Text Published May 29, 2020 at 05:30AM Read more at bea.gov

Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate) Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the "second" estimate released by the Bureau of Economic Analysis. The change was 0.2 percentage point lower than the "advance" estimate released in April. In the fourth quarter of 2019, real GDP increased 2.1 percent. Full Text Published May 28, 2020 at 05:30AM Read more at bea.gov

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 05:30AM Read more at bea.gov

U.S. International Trade in Goods and Services, March 2020 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $44.4 billion in March, up $4.6 billion from $39.8 billion in February, revised. March exports were $187.7 billion, $20.0 billion less than February exports. March imports were $232.2 billion, $15.4 billion less than February imports. Full Text Published May 05, 2020 at 05:30AM Read more at bea.gov

Personal Income and Outlays, March 2020 Personal income decreased 2.0 percent in March after increasing 0.6 percent in February. Wages and salaries, the largest component of personal income, decreased 3.1 percent in March after increasing 0.5 percent in February. Full Text Published April 30, 2020 at 05:30AM Read more at bea.gov

Gross Domestic Product, 1st Quarter 2020 (Advance Estimate) Real gross domestic product (GDP) decreased 4.8 percent in the first quarter of 2020, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2019, real GDP increased 2.1 percent. Full Text Published April 29, 2020 at 05:30AM Read more at bea.gov

Gross Domestic Product by State, 4th Quarter and Year 2019 (Preliminary) Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the fourth quarter of 2019. The percent change in real GDP in the fourth quarter ranged from 3.4 percent in Washington and Utah to -0.1 percent in West Virginia. Full Text Published April 07, 2020 at 05:30AM Read more at bea.gov

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 05:30AM Read more at bea.gov