September 17, 2018

Gross Domestic Product by Metropolitan Area, 2017

Real gross domestic product (GDP) increased in 312 out of 383 metropolitan areas in 2017. The percent change in real GDP by metropolitan area ranged from 12.1 percent in Odessa, TX to -7.8 percent in Enid, OK.

Principal Federal Economic Indicators

Gross Domestic Product Q2 2018 +4.2%
Personal Income July 2018 +0.3%
International Trade in Goods & Services (Trade Balance) July 2018 $-50.1B
U.S. International Transactions (Current Account Balance) Q1 2018 $-124.1B

The BEA Wire | BEA's Official Blog

Coming Soon: An Enhanced Set of Outdoor Recreation Statistics

September 12, 2018

BEA’s first-ever measurement of the economic power of outdoor recreation, released in February, found that the industry’s contribution to the U.S. economy in 2016 was bigger than other industries like legal services or publishing. Soon people will learn even more about the economic value of outdoor pursuits like canoeing, hunting, RVing, and snowboarding.

July 2018 Trade Gap is $50.1 Billion

September 5, 2018

The U.S. monthly international trade deficit increased in July 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $45.7 billion in June (revised) to $50.1 billion in July, as exports decreased and imports increased. The previously published June deficit was $46.3 billion. The goods deficit increased $4.2 billion in July to $73.1 billion. The services surplus decreased $0.1 billion in… Read More

Personal Income Rises in July

August 30, 2018

Personal income increased 0.3 percent in July after increasing 0.4 percent in June. Wages and salaries, the largest component of personal income,increased 0.4 percent in July, the same increase as in June.

GDP Increases in Second Quarter

August 29, 2018

Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 2.2 percent.

GDP highlights

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