Local Area Personal Income: 2015

Personal income grew in 2015 in 2,552 counties, fell in 548, and was unchanged in 13. On average, personal income rose 4.7 percent in 2015 in the metropolitan portion of the United States and rose 2.7 percent in the nonmetropolitan portion.

September 2016 Trade Gap is $36.4 Billion

The U.S. monthly international trade deficit decreased in September 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $40.5 billion in August (revised) to $36.4 billion in September, as exports increased and imports decreased.

Gross Domestic Product by Industry: Second Quarter 2016 Annual Update: 2013 through First Quarter 2016

Transportation and warehousing; health care and social assistance; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the second quarter of 2016.

BEA Releases New Batch of Health Care Statistics

The Bureau of Economic Analysis

Consumer Spending Rises in September

Personal income increased 0.3 percent in September after increasing 0.2 percent in August. Wages and salaries, the largest component of personal income, increased 0.3 percent in September after increasing 0.1 percent in August.

GDP Increases in Third Quarter

Real gross domestic product (GDP) increased 2.9 percent in the third quarter of 2016, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP rose 1.4 percent.

Learn How BEA's Regional Statistics are Used to Distribute Federal Funds to State and Local Governments

Did you know that each year BEA regional economic statistics, such as annual

Expanded Geographic Detail on International Trade in Services Coming Soon

How much do U.S. residents spend on travel to Greece? How much does the U.S. export in movies and television programming to Vietnam? You can answer these questions next week when the Bureau of Economic Analysis expands the geographic detail it publishes on U.S. imports and exports of services.

County GDP Stats Would Give a Closer Look at Local Economies

Anyone interested in economic growth in,