February 21, 2019

Gross Domestic Product by Industry: Third 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.

Principal Federal Economic Indicators

Gross Domestic Product Q3 2018 +3.4%
Personal Income November 2018 +0.2%
International Trade in Goods & Services (Trade Balance) November 2018 -$49.3B
U.S. International Transactions (Current Account Balance) Q3 2018 -$124.8B

The BEA Wire | BEA's Official Blog

Wholesale Trade Led Growth in the Third Quarter

February 21, 2019

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. Overall, 19 of 22 industry groups contributed to the 3.4 percent increase in real GDP in the third quarter.

New Dates Set for GDP, Personal Income, and International Trade

February 6, 2019

Bureau of Economic Analysis data on U.S. gross domestic product, personal income and outlays, and international trade in goods and services that were delayed by the recent lapse in federal funding will be released in late February and early March.

November 2018 Trade Gap is $49.3 Billion

February 6, 2019

The U.S. monthly international trade deficit decreased in November 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.7 billion in October (revised) to $49.3 billion in November, as imports decreased more than exports. The previously published October deficit was $55.5 billion. The goods deficit decreased $6.7 billion in November to $71.6 billion. The services surplus decreased $0… Read More

New Data About Foreign Investment in States, Local Areas

February 4, 2019

New research statistics about foreign direct investment in states, metro areas, and counties are available through a cooperative effort between the Bureau of Economic Analysis and the U.S. Bureau of Labor Statistics.

BEA and BLS combined their data to provide information about each state or local area’s employment at companies with foreign ownership, including:

U.S. Net International Investment Position Third Quarter 2018

February 1, 2019

The U.S. net international investment position decreased to −$9,627.2 billion (preliminary) at the end of the third quarter of 2018 from −$8,845.1 billion (revised) at the end of the second quarter. The $782.1 billion decrease reflected net financial transactions of −$24.6 billion and net other changes in position, such as price and exchange-rate changes, of −$757.5 billion.

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