December 12, 2018

Prototype Gross Domestic Product by County, 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.

Principal Federal Economic Indicators

Gross Domestic Product Q3 2018 +3.5%
Personal Income October 2018 +0.5%
International Trade in Goods & Services (Trade Balance) October 2018 -$55.5B
U.S. International Transactions (Current Account Balance) Q2 2018 -$101.5B

The BEA Wire | BEA's Official Blog

First County GDP Numbers Reveal Differences in Local Economies

December 12, 2018

Real gross domestic product increased in 1,931 of the nation’s counties and decreased in 1,159 counties in 2015, according to prototype statistics from the U.S. Bureau of Economic Analysis. The inflation-adjusted data show GDP unchanged in 23 counties.

October 2018 Trade Gap is $55.5 Billion

December 6, 2018

The U.S. monthly international trade deficit increased in October 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $54.6 billion in September (revised) to $55.5 billion in October, as exports decreased and imports increased. The previously published September deficit was $54.0 billion. The goods deficit increased $0.9 billion in October to $78.1 billion. The services surplus… Read More

First County GDP Numbers Coming Soon

December 3, 2018

The U.S. Bureau of Economic Analysis on Dec. 12 will provide an unprecedented look at the size and growth of more than 3,000 county economies across the nation.

Comprehensive Update of Industry Accounts Now Available

November 30, 2018

The U.S. Bureau of Economic Analysis has released a comprehensive update of its industry statistics, including improvements that reflect the evolving U.S. economy, update the benchmark year, and provide more detailed annual and quarterly data.

Real Consumer Spending Rises in October

November 29, 2018

Personal income increased 0.5 percent in October after increasing 0.2 percent in September. Wages and salaries, the largest component of personal income, increased 0.3 percent in October, the same increase as in September.

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