April 19, 2019

Gross Domestic Product by Industry: Fourth Quarter and Annual 2018

Wholesale trade; mining; and information were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2018. Overall, 15 of 22 industry groups contributed to the 2.2 percent increase in real GDP in the fourth quarter.

Principal Federal Economic Indicators

Gross Domestic Product Q4 2018 +2.2%
Personal Income February 2019 +0.2%
International Trade in Goods & Services (Trade Balance) February 2019 -$49.4B
U.S. International Transactions (Current Account Balance) Q4 2018 -$134.4B

The BEA Wire | BEA's Official Blog

Gross Domestic Product by Industry: Fourth Quarter 2018

April 19, 2019

Wholesale trade; mining; and information were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2018. Overall, 15 of 22 industry groups contributed to the 2.2 percent increase in real GDP in the fourth quarter.

February 2019 Trade Gap is $49.4 Billion

April 17, 2019

The U.S. monthly international trade deficit decreased in February 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.1 billion in January (revised) to $49.4 billion in February, as exports increased more than imports. The previously published January deficit was $51.1 billion. The goods deficit decreased $1.2 billion in February to $72.0 billion. The services surplus increased $0… Read More

Digital Economy Accounted for 6.9 Percent of GDP in 2017

April 4, 2019

The digital economy accounted for 6.9 percent of the U.S. gross domestic product, or $1.35 trillion, in 2017, according to a new batch of statistics released by the Bureau of Economic Analysis

How does that compare with traditional U.S. industries? The digital economy ranked just below professional, scientific, and technical… Read More

National Statistics Return to Normal Timetable in April

April 2, 2019

By the end of April, key national economic indicators will be on their original 2019 schedule, as the Bureau of Economic Analysis’ timetable of releases continues to recover from disruptions earlier in the year.

The advance, or first, estimate of gross domestic product for the first quarter will be released April 26 at 8:30 a.m., in accordance with BEA’s original calendar. The second and… Read More

U.S. Net International Investment Position Fourth Quarter 2018

March 29, 2019

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.

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