The BEA Wire | BEA's Official Blog

Real gross domestic product (GDP) for Puerto Rico increased 4.0 percent in 2021 after decreasing 6.2 percent in 2020, according to statistics released today by the U.S. Bureau of Economic Analysis.

El producto interior bruto real (PIB) para Puerto Rico creció 4.0 por ciento en 2021, luego de decrecer 6.2 por ciento en 2020, de acuerdo con las estadísticas difundidas hoy por el Negociado de Análisis Económico de EE. UU.

Personal income increased $69.5 billion (0.3 percent at a monthly rate) in June. Disposable personal income (DPI)—personal income less personal current taxes— increased $67.5 billion (0.3 percent).

Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the second quarter of 2023, according to the "advance" estimate. In the first quarter, real GDP increased 2.0 percent.

The U.S. direct investment abroad position, or cumulative level of investment, increased $212.2 billion to $6.58 trillion at the end of 2022 from $6.37 trillion at the end of 2021, according to statistics released today by the U.S. Bureau of Economic Analysis.

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $177.5 billion in 2022, down $185.1 billion from $362.6 billion in 2021.

The U.S. goods and services trade deficit decreased from $74.4 billion in April (revised) to $69.0 billion in May, as imports decreased more than exports. The goods deficit decreased $4.8 billion to $91.3 billion, and the services surplus increased $0.7 billion to $22.3 billion

Real gross domestic product increased in all 50 states and the District of Columbia in the first quarter of 2023, with the percent change in real GDP ranging from 12.4 percent in North Dakota to 0.1 percent in Rhode Island and Alabama.

Personal income increased $91.2 billion (0.4 percent at a monthly rate) in May. Disposable personal income —personal income less personal current taxes— increased $86.7 billion (0.4 percent).

Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the first quarter of 2023, according to the “third” estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent.

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$16.75 trillion at the end of the first quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA).

The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $3.1 billion, or 1.5 percent, to $219.3 billion in the first quarter of 2023.