U.S. Bureau of Economic Analysis https://www.bea.gov U.S. Bureau of Economic Analysis Wed, 27 Mar 2024 08:30:00 EDT Wed, 27 Mar 2024 08:30:00 EDT https://www.bea.gov/favicon.ico BEA - Bureau of Economic Analysis https://www.bea.gov 88 31 en-us 17 103 U.S. International Investment Position, 4th Quarter and Year 2023 https://www.bea.gov/news/2024/us-international-investment-position-4th-quarter-and-year-2023 https://www.bea.gov/news/2024/us-international-investment-position-4th-quarter-and-year-2023 The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$19.77 trillion at the end of the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $34.54 trillion, and liabilities were $54.31 trillion. At the end of the third quarter, the net investment position was -$18.11 trillion (revised). <!--Full Text Link--><a href='https://www.bea.gov/news/2024/us-international-investment-position-4th-quarter-and-year-2023'>Full Text</a><!--Full Text Link--> 4th Quarter and Year 2023 3rd Quarter 2023 June 26, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2024-03/intinv423.pdf Wed, 27 Mar 2024 08:30:00 EDT 108 Arts and Cultural Production Satellite Account, U.S. and States, 2022 https://www.bea.gov/news/2024/arts-and-cultural-production-satellite-account-us-and-states-2022 https://www.bea.gov/news/2024/arts-and-cultural-production-satellite-account-us-and-states-2022 The Arts and Cultural Production Satellite Account released today by the U.S. Bureau of Economic Analysis (BEA) shows that arts and cultural economic activity, adjusted for inflation, increased 4.8 percent in 2022 after increasing 10.8 percent in 2021. By comparison, the broader economy, as measured by real gross domestic product (GDP), increased 1.9 percent in 2022 after increasing 5.8 percent in 2021. Arts and cultural economic activity accounted for 4.3 percent of GDP, or $1.10 trillion, in 2022. <!--Full Text Link--><a href='https://www.bea.gov/news/2024/arts-and-cultural-production-satellite-account-us-and-states-2022'>Full Text</a><!--Full Text Link--> U.S. and States, 2022 2021 March 2025 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2024-03/acpsa0324.pdf Mon, 25 Mar 2024 10:00:00 EDT 105 U.S. International Transactions, 4th Quarter and Year 2023 https://www.bea.gov/news/2024/us-international-transactions-4th-quarter-and-year-2023 https://www.bea.gov/news/2024/us-international-transactions-4th-quarter-and-year-2023 The U.S. current-account deficit narrowed by $1.6 billion, or 0.8 percent, to $194.8 billion in the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised third-quarter deficit was $196.4 billion. The fourth-quarter deficit was 2.8 percent of current-dollar gross domestic product, down less than 0.1 percent from the third quarter. <!--Full Text Link--><a href='https://www.bea.gov/news/2024/us-international-transactions-4th-quarter-and-year-2023'>Full Text</a><!--Full Text Link--> 4th quarter 2023 -194.8 3rd quarter 2023 -196.4 June 20, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2024-03/trans423.pdf Thu, 21 Mar 2024 08:30:00 EDT 102 U.S. International Trade in Goods and Services, January 2024 https://www.bea.gov/news/2024/us-international-trade-goods-and-services-january-2024 https://www.bea.gov/news/2024/us-international-trade-goods-and-services-january-2024 The U.S. monthly international trade deficit increased in January 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $64.2 billion in December (revised) to $67.4 billion in January, as imports increased more than exports. The goods deficit increased $3.0 billion in January to $91.6 billion. The services surplus decreased $0.3 billion in January to $24.2 billion. <!--Full Text Link--><a href='https://www.bea.gov/news/2024/us-international-trade-goods-and-services-january-2024'>Full Text</a><!--Full Text Link--> January 2024 -67.4 December 2023 -64.2 April 4, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2024-03/trad0124.pdf Thu, 07 Mar 2024 08:30:00 EST 100 Personal Income and Outlays, January 2024 https://www.bea.gov/news/2024/personal-income-and-outlays-january-2024 https://www.bea.gov/news/2024/personal-income-and-outlays-january-2024 Personal income increased $233.7 billion (1.0 percent at a monthly rate) in January. Disposable personal income (DPI)-personal income less personal current taxes-increased $67.6 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $54.3 billion (0.3 percent) and consumer spending increased $43.9 billion (0.2 percent). Personal saving was $779.3 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.8 percent in January. <!--Full Text Link--><a href='https://www.bea.gov/news/2024/personal-income-and-outlays-january-2024'>Full Text</a><!--Full Text Link--> January 2024 1.0 +233.7 7 December 2023 +0.3 March 29, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2024-02/pi0124.pdf Thu, 29 Feb 2024 08:30:00 EST 101 Gross Domestic Product, Fourth Quarter and Year 2023 (Second Estimate) https://www.bea.gov/news/2024/gross-domestic-product-fourth-quarter-and-year-2023-second-estimate https://www.bea.gov/news/2024/gross-domestic-product-fourth-quarter-and-year-2023-second-estimate Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the fourth quarter of 2023, according to the "second" estimate. In the third quarter, real GDP increased 4.9 percent. The increase in the fourth quarter primarily reflected increases in consumer spending, exports, as well as state and local government spending. Imports, which are a subtraction in the calculation of GDP, increased. <!--Full Text Link--><a href='https://www.bea.gov/news/2024/gross-domestic-product-fourth-quarter-and-year-2023-second-estimate'>Full Text</a><!--Full Text Link--> 2nd Q4 2023 3.2 27944.6 7 Q3 2023 +4.9 March 28, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2024-02/gdp4q23-2nd.pdf Wed, 28 Feb 2024 08:30:00 EST 114 Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2023 https://www.bea.gov/news/2023/gross-domestic-product-state-and-personal-income-state-3rd-quarter-2023 https://www.bea.gov/news/2023/gross-domestic-product-state-and-personal-income-state-3rd-quarter-2023 Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the third quarter of 2023, with the percent change ranging from 9.7 percent in Kansas to 0.7 percent in Arkansas. Current-dollar personal income increased in 49 states and the District of Columbia in the third quarter of 2023, with the percent change ranging from 5.2 percent in Texas to 0.0 percent in Arkansas. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-state-and-personal-income-state-3rd-quarter-2023'>Full Text</a><!--Full Text Link--> 3rd Quarter 2023 2nd Quarter 2023 March 29, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-12/stgdppi3q23.pdf Fri, 22 Dec 2023 10:00:00 EST 118 Real Personal Consumption Expenditures by State and Real Personal Income by State and Metropolitan Area, 2022 https://www.bea.gov/news/2023/real-personal-consumption-expenditures-state-and-real-personal-income-state-and https://www.bea.gov/news/2023/real-personal-consumption-expenditures-state-and-real-personal-income-state-and Real personal consumption expenditures (PCE) by state increased in 42 states and the District of Columbia in 2022, with the percent change ranging from 5.7 percent in Alaska to -3.2 percent in New Hampshire. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/real-personal-consumption-expenditures-state-and-real-personal-income-state-and'>Full Text</a><!--Full Text Link--> 2022 2021 December 12, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-12/rpp1223.pdf Thu, 14 Dec 2023 08:30:00 EST 112 Gross Domestic Product by County and Metropolitan Area, 2022 https://www.bea.gov/news/2023/gross-domestic-product-county-and-metropolitan-area-2022 https://www.bea.gov/news/2023/gross-domestic-product-county-and-metropolitan-area-2022 In 2022, real gross domestic product (GDP) increased in 1,780 counties, decreased in 1,296 counties, and was unchanged in 38 counties. The percent change in real GDP ranged from 71.1 percent in Chouteau County, MT, to -57.6 percent in Kiowa County, CO. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-county-and-metropolitan-area-2022'>Full Text</a><!--Full Text Link--> 2022 2021 December 4, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-12/lagdp1223.pdf Thu, 07 Dec 2023 08:30:00 EST 114 Gross Domestic Product by State, 2nd Quarter 2023 and Comprehensive Update https://www.bea.gov/news/2023/gross-domestic-product-state-2nd-quarter-2023-and-comprehensive-update https://www.bea.gov/news/2023/gross-domestic-product-state-2nd-quarter-2023-and-comprehensive-update Real gross domestic product (GDP) increased in 44 states and the District of Columbia in the second quarter of 2023, with the percent change ranging from 8.7 percent in Wyoming to -1.9 percent in Vermont. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-state-2nd-quarter-2023-and-comprehensive-update'>Full Text</a><!--Full Text Link--> 2nd Quarter 2023 June 30, 2023 December 22, 2023 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-12/stgdp2q23.pdf Tue, 05 Dec 2023 10:00:00 EST 107 Gross Domestic Product by Industry, 2nd Quarter 2023 and Comprehensive Update https://www.bea.gov/news/2023/gross-domestic-product-industry-2nd-quarter-2023-and-comprehensive-update https://www.bea.gov/news/2023/gross-domestic-product-industry-2nd-quarter-2023-and-comprehensive-update In the second quarter, the value added of private goods-producing industries increased 7.7 percent, private services-producing industries increased 1.0 percent, and government increased 1.0 percent. Overall, 13 of 22 industry groups contributed to the 2.1 percent increase in second-quarter real GDP. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-industry-2nd-quarter-2023-and-comprehensive-update'>Full Text</a><!--Full Text Link--> 2nd Quarter 2023 1st Quarter 2023 December 21, 2023 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-12/gdpind2q23.pdf Tue, 05 Dec 2023 08:30:00 EST Outdoor Recreation Satellite Account, U.S. and States, 2022 https://www.bea.gov/news/2023/outdoor-recreation-satellite-account-us-and-states-2022 https://www.bea.gov/news/2023/outdoor-recreation-satellite-account-us-and-states-2022 The value added of the outdoor recreation economy accounted for 2.2 percent ($563.7 billion) of current-dollar gross domestic product (GDP) for the nation in 2022. At the state level, value added for outdoor recreation as a share of state GDP ranged from 5.6 percent in Hawaii to 1.4 percent in Connecticut. The share was 0.9 percent in the District of Columbia. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/outdoor-recreation-satellite-account-us-and-states-2022'>Full Text</a><!--Full Text Link--> U.S. and States, 2022 2021 November 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-11/orsa1123.pdf Fri, 17 Nov 2023 13:00:00 EST Activities of U.S. Multinational Enterprises, 2021 https://www.bea.gov/news/2023/activities-us-multinational-enterprises-2021 https://www.bea.gov/news/2023/activities-us-multinational-enterprises-2021 Worldwide employment by U.S. multinational enterprises (MNEs) increased 1.1 percent to 43.3 million workers in 2021 (preliminary) from 42.9 million workers in 2020 (revised), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA) on the operations and finances of U.S. parent companies and their foreign affiliates. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/activities-us-multinational-enterprises-2021'>Full Text</a><!--Full Text Link--> 2021 2020 August 23, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-11/omne1123.pdf Fri, 17 Nov 2023 08:30:00 EST 109 Personal Income by County and Metropolitan Area, 2022 https://www.bea.gov/news/2023/personal-income-county-and-metropolitan-area-2022 https://www.bea.gov/news/2023/personal-income-county-and-metropolitan-area-2022 In 2022, personal income, in current dollars, increased in 1,964 counties, decreased in 1,107, and was unchanged in 43. Personal income increased 2.1 percent in the metropolitan portion of the United States and 1.3 percent in the nonmetropolitan portion. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/personal-income-county-and-metropolitan-area-2022'>Full Text</a><!--Full Text Link--> 2022 2021 November 14, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-11/lapi1123.pdf Thu, 16 Nov 2023 08:30:00 EST 113 Gross Domestic Product for American Samoa, 2022 https://www.bea.gov/news/2023/gross-domestic-product-american-samoa-2022 https://www.bea.gov/news/2023/gross-domestic-product-american-samoa-2022 Real gross domestic product (GDP) for American Samoa increased 1.8 percent in 2022 after decreasing 0.8 percent in 2021. The increase in real GDP reflected increases in government spending and exports. Personal consumption expenditures, private fixed investment, and private inventory investment subtracted from growth. Imports, a subtraction item in the calculation of GDP, also decreased. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-american-samoa-2022'>Full Text</a><!--Full Text Link--> 2022 2021 Fall 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-10/asgdp1023.pdf Fri, 20 Oct 2023 15:30:00 EDT 116 Personal Consumption Expenditures by State, 2022 https://www.bea.gov/news/2023/personal-consumption-expenditures-state-2022 https://www.bea.gov/news/2023/personal-consumption-expenditures-state-2022 Nationally, personal consumption expenditures (PCE), in current dollars, increased 9.2 percent in 2022 after increasing 12.9 percent in 2021. PCE increased in all 50 states and the District of Columbia, with the percent change ranging from 11.8 percent in Idaho to 6.4 percent in Louisiana. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/personal-consumption-expenditures-state-2022'>Full Text</a><!--Full Text Link--> 2022 October 6, 2022 October 3, 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-10/pce1023.pdf Wed, 04 Oct 2023 08:30:00 EDT 114 Personal Income by State, 2nd Quarter 2023 https://www.bea.gov/news/2023/personal-income-state-2nd-quarter-2023 https://www.bea.gov/news/2023/personal-income-state-2nd-quarter-2023 Personal income, in current dollars, increased in 49 states and the District of Columbia in the second quarter of 2023, with the percent change ranging from 6.1 percent in New York and the District of Columbia to -2.7 percent in Maine. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/personal-income-state-2nd-quarter-2023'>Full Text</a><!--Full Text Link--> 2nd Quarter 2023 1st Quarter 2023 December 22, 2023 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-09/stgdppi2q23.pdf Fri, 29 Sep 2023 10:00:00 EDT Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2021 https://www.bea.gov/news/2023/activities-us-affiliates-foreign-multinational-enterprises-2021 https://www.bea.gov/news/2023/activities-us-affiliates-foreign-multinational-enterprises-2021 Majority-owned U.S. affiliates of foreign multinational enterprises employed 7.94 million workers in the United States in 2021, a 2.9 percent increase from 7.71 million workers in 2020, according to the U.S. Bureau of Economic Analysis (BEA). These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2021. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/activities-us-affiliates-foreign-multinational-enterprises-2021'>Full Text</a><!--Full Text Link--> 2021 2020 November 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-08/imne0823.pdf Fri, 18 Aug 2023 08:30:00 EDT Gross Domestic Product for Puerto Rico, 2021 https://www.bea.gov/news/2023/gross-domestic-product-puerto-rico-2021 https://www.bea.gov/news/2023/gross-domestic-product-puerto-rico-2021 Real gross domestic product (GDP) for Puerto Rico increased 4.0 percent in 2021 after decreasing 6.2 percent in 2020. The increase in real GDP in 2021 primarily reflected an increase in personal consumption expenditures. Private fixed investment also increased. These increases were partly offset by decreases in exports, private inventory investment, and government spending. Imports, which is a subtraction item in the calculation of GDP, increased. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-puerto-rico-2021'>Full Text</a><!--Full Text Link--> | <!--Full Text Link--><a href='https://www.bea.gov/news/2023/producto-interior-bruto-para-puerto-rico-2021' >En espanol</a><!--Full Text Link--> 2021 2020 Summer 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-07/prgdp0723.pdf Mon, 31 Jul 2023 10:00:00 EDT Direct Investment by Country and Industry, 2022 https://www.bea.gov/news/2023/direct-investment-country-and-industry-2022 https://www.bea.gov/news/2023/direct-investment-country-and-industry-2022 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. The increase reflected a $172.8 billion increase in the position in Europe, primarily in the Netherlands and the United Kingdom. By industry, manufacturing affiliates had the largest increase. The foreign direct investment in the United States position increased $216.8 billion to $5.25 trillion at the end of 2022 from $5.04 trillion at the end of 2021. The increase mainly reflected a $142.2 billion increase in the position from Europe, with the largest increases from the United Kingdom and Germany. By industry, affiliates in manufacturing and wholesale trade accounted for the majority of the increase. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/direct-investment-country-and-industry-2022'>Full Text</a><!--Full Text Link--> 2022 2021 July 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-07/dici0723.pdf Thu, 20 Jul 2023 08:30:00 EDT New Foreign Direct Investment in the United States, 2022 https://www.bea.gov/news/2023/new-foreign-direct-investment-united-states-2022 https://www.bea.gov/news/2023/new-foreign-direct-investment-united-states-2022 Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $177.5 billion in 2022, down $185.1 billion from $362.6 billion in 2021. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/new-foreign-direct-investment-united-states-2022'>Full Text</a><!--Full Text Link--> 2022 2021 July 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-07/fdi0723.pdf Mon, 10 Jul 2023 08:30:00 EDT Marine Economy Satellite Account, 2021 https://www.bea.gov/news/2023/marine-economy-satellite-account-2021 https://www.bea.gov/news/2023/marine-economy-satellite-account-2021 The Marine Economy Satellite Account (MESA) statistics released today by the U.S. Bureau of Economic Analysis (BEA) show the marine economy accounted for 1.9 percent, or $432.4 billion, of current-dollar U.S. gross domestic product (GDP) in 2021, an increase from 1.7 percent, or $363.2 billion, in 2020. The marine economy accounted for 1.8 percent, or $730.0 billion, of current-dollar gross output. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/marine-economy-satellite-account-2021'>Full Text</a><!--Full Text Link--> 2021 2014-2019 TBD BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-06/mesa0623.pdf Thu, 08 Jun 2023 10:00:00 EDT 115 Gross Domestic Product for the U.S. Virgin Islands, 2021 https://www.bea.gov/news/2023/gross-domestic-product-us-virgin-islands-2021 https://www.bea.gov/news/2023/gross-domestic-product-us-virgin-islands-2021 Real gross domestic product (GDP) for the U.S. Virgin Islands increased 2.8 percent in 2021 after decreasing 1.9 percent in 2020. The increase in real GDP reflected increases in exports and personal consumption expenditures. These increases were partly offset by decreases in private inventory investment, private fixed investment, and government spending. Imports, a subtraction item in the calculation of GDP, also decreased. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-us-virgin-islands-2021'>Full Text</a><!--Full Text Link--> 2021 2020 First Quarter 2024 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-05/vigdp0523.pdf Mon, 22 May 2023 10:00:00 EDT 111 Gross Domestic Product for the Commonwealth of the Northern Mariana Islands, 2020 https://www.bea.gov/news/2023/gross-domestic-product-commonwealth-northern-mariana-islands-2020 https://www.bea.gov/news/2023/gross-domestic-product-commonwealth-northern-mariana-islands-2020 Real gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands (CNMI) decreased 29.7 percent in 2020 after decreasing 11.3 percent in 2019. The decrease in real GDP reflected decreases in exports of goods and services, private fixed investment, personal consumption expenditures, and government spending. Imports, a subtraction item in the calculation of GDP, also decreased. <!--Full Text Link--><a href='https://www.bea.gov/news/2023/gross-domestic-product-commonwealth-northern-mariana-islands-2020'>Full Text</a><!--Full Text Link--> 2020 2019 Fall 2023 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2023-01/cngdp0123.pdf Tue, 31 Jan 2023 18:00:00 EST 112 Gross Domestic Product by County, 2021 https://www.bea.gov/news/2022/gross-domestic-product-county-2021 https://www.bea.gov/news/2022/gross-domestic-product-county-2021 Real gross domestic product (GDP) increased in 2,404 counties, decreased in 691 counties, and was unchanged in 17 counties in 2021. The percent change in real GDP ranged from 81.8 percent in Coke County, TX, to -34.8 percent in Chouteau County, MT. <!--Full Text Link--><a href='https://www.bea.gov/news/2022/gross-domestic-product-county-2021'>Full Text</a><!--Full Text Link--> 2021 2020 December 7, 2023 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2022-12/lagdp1222.pdf Thu, 08 Dec 2022 08:30:00 EST 110 Gross Domestic Product for Guam, 2021 https://www.bea.gov/news/2022/gross-domestic-product-guam-2021 https://www.bea.gov/news/2022/gross-domestic-product-guam-2021 Real gross domestic product (GDP) for Guam increased 1.1 percent in 2021 after decreasing 11.4 percent in 2020. The increase in real GDP reflected increases in personal consumption expenditures, government spending, and private fixed investment. These increases were partly offset by a decline in exports of goods and services. Imports, a subtraction item in the calculation of GDP, increased. <!--Full Text Link--><a href='https://www.bea.gov/news/2022/gross-domestic-product-guam-2021'>Full Text</a><!--Full Text Link--> 2021 2020 Fall 2023 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2022-10/gugdp1122.pdf Wed, 02 Nov 2022 19:00:00 EDT 118 Real Personal Consumption Expenditures and Personal Income by State, 2020 https://www.bea.gov/news/2021/real-personal-consumption-expenditures-state-and-real-personal-income-state-and https://www.bea.gov/news/2021/real-personal-consumption-expenditures-state-and-real-personal-income-state-and Today, the U.S Bureau of Economic Analysis (BEA) released official statistics of real state personal consumption expenditures (PCE) for the first time. Real PCE decreased 3.8 percent in 2020 for the nation. Across states, the percent change ranged from 2.2 percent in Utah to -7.0 percent in Hawaii, Maryland, and New York; the percent change was -8.9 percent in the District of Columbia. Real state PCE is a state's current-dollar PCE adjusted by the state's regional price parity and the national PCE price index. <!--Full Text Link--><a href='https://www.bea.gov/news/2021/real-personal-consumption-expenditures-state-and-real-personal-income-state-and'>Full Text</a><!--Full Text Link--> 2020 2019 December 15, 2022 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2021-12/rpp1221.pdf Tue, 14 Dec 2021 08:30:00 EST Gross Domestic Product for the CNMI, 2019 https://www.bea.gov/news/2021/gross-domestic-product-cnmi-2019 https://www.bea.gov/news/2021/gross-domestic-product-cnmi-2019 The estimates of GDP for the CNMI show that real GDP-GDP adjusted to remove price changes-decreased 11.2 percent in 2019 after decreasing 19.3 percent in 2018. This release also includes the results of a comprehensive update of the territorial economic accounts. <!--Full Text Link--><a href='https://www.bea.gov/news/2021/gross-domestic-product-cnmi-2019'>Full Text</a><!--Full Text Link--> 2019 2018 Fall 2021 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2021-04/cnmigdp-040621.pdf Tue, 06 Apr 2021 19:00:00 EDT 100 Personal Income and Outlays, November 2020 https://www.bea.gov/news/2020/personal-income-and-outlays-november-2020 https://www.bea.gov/news/2020/personal-income-and-outlays-november-2020 Personal income decreased 1.1 percent while consumer spending decreased 0.4 percent in November as federal economic recovery payments and pandemic-related assistance programs continued to wind down. <!--Full Text Link--><a href='https://www.bea.gov/news/2020/personal-income-and-outlays-november-2020'>Full Text</a><!--Full Text Link--> November 2020 1.1 -221.8 7 October 2020 -0.6 January 29, 2021 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2020-12/pi1120.pdf Wed, 23 Dec 2020 08:30:00 EST 101 Gross Domestic Product, Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Third Quarter 2020 https://www.bea.gov/news/2020/gross-domestic-product-third-estimate-corporate-profits-revised-and-gdp-industry-third https://www.bea.gov/news/2020/gross-domestic-product-third-estimate-corporate-profits-revised-and-gdp-industry-third Real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. The change was 0.3 percentage point higher than the "second" estimate released in November. In the second quarter of 2020, real GDP decreased 31.4 percent.Profits increased 27.4 percent at a quarterly rate in the third quarter after decreasing 10.3 percent in the second quarter. Corporate profits increased 3.5 percent in the third quarter from one year ago. Profits were boosted by provisions from the Paycheck Protection Program.Private goods-producing industries increased 47.2 percent, private services-producing industries increased 35.1 percent, and government increased 10.1 percent. Overall, 21 of 22 industry groups contributed to the third-quarter increase in real GDP. Mining decreased in the third quarter. <!--Full Text Link--><a href='https://www.bea.gov/news/2020/gross-domestic-product-third-estimate-corporate-profits-revised-and-gdp-industry-third'>Full Text</a><!--Full Text Link--> 3rd 3rd quarter 2020 33.4 21170.3 7 2nd quarter 2020 -31.4 January 28, 2021 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2020-12/gdp3q20_3rd.pdf Tue, 22 Dec 2020 08:30:00 EST 118 Real Personal Income by State and Metropolitan Area, 2019 https://www.bea.gov/news/2020/real-personal-income-state-and-metropolitan-area-2019 https://www.bea.gov/news/2020/real-personal-income-state-and-metropolitan-area-2019 Real state personal income grew 2.4 percent in 2019 after increasing 3.1 percent in 2018, according to estimates released today by the Bureau of Economic Analysis (BEA). Real state personal income is a state's current-dollar personal income adjusted by the state's regional price parity and the national personal consumption expenditures price index. The percent change in real state personal income ranged from 4.1 percent in Maine to 0.7 percent in Hawaii, Wyoming, and Rhode Island. Across metropolitan areas, the percent change ranged from 7.6 percent in Hanford-Corcoran, CA, to -3.2 percent in Panama City, FL, and Wheeling, WV-OH. <!--Full Text Link--><a href='https://www.bea.gov/news/2020/real-personal-income-state-and-metropolitan-area-2019'>Full Text</a><!--Full Text Link--> 2019 2018 December 14, 2021 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/sites/default/files/2020-12/rpp1220_0.pdf Tue, 15 Dec 2020 08:30:00 EST 104 Personal Income by State, 2nd Quarter 2020 and Year 2019 https://www.bea.gov/news/2020/personal-income-state-2nd-quarter-2020 https://www.bea.gov/news/2020/personal-income-state-2nd-quarter-2020 State personal income increased 34.2 percent at an annual rate in the second quarter of 2020, an acceleration from the 4.1 percent increases in the first quarter. Personal income increased in every state and the District of Columbia ranging from 15.3 percent in the District of Columbia to 76.3 percent in Massachusetts. <!--Full Text Link--><a href='https://www.bea.gov/news/2020/personal-income-state-2nd-quarter-2020'>Full Text</a><!--Full Text Link--> 2nd Quarter 2020 1st Quarter 2020 December 17, 2020 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/system/files/2020-09/spi0920_0.pdf Thu, 24 Sep 2020 08:30:00 EDT 104 State Quarterly Personal Income, 3rd quarter 2019 https://www.bea.gov/news/2019/state-personal-income-third-quarter-2019 https://www.bea.gov/news/2019/state-personal-income-third-quarter-2019 State personal income increased 3.8 percent at an annual rate in the third quarter of 2019, a deceleration from the 4.4 percent increase in the second quarter. The percent change in personal income across all states ranged from 15.2 percent in South Dakota to 1.9 percent in West Virginia and Wyoming. <!--Full Text Link--><a href='https://www.bea.gov/news/2019/state-personal-income-third-quarter-2019'>Full Text</a><!--Full Text Link--> 3rd quarter 2019 2nd quarter 2019 March 24, 2020 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/system/files/2019-12/spi1219_1.pdf Wed, 18 Dec 2019 08:30:00 EST Local Area Gross Domestic Product, 2018 https://www.bea.gov/news/2019/local-area-gross-domestic-product-2018 https://www.bea.gov/news/2019/local-area-gross-domestic-product-2018 Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). The percentage change in real GDP ranged from 86.5 percent in Jackson County, WV, to -44.0 percent in Grant County, ND. <!--Full Text Link--><a href='https://www.bea.gov/news/2019/local-area-gross-domestic-product-2018'>Full Text</a><!--Full Text Link--> 2018 2012-2015 December 9, 2020 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/system/files/2019-12/lagdp1219.pdf Thu, 12 Dec 2019 08:30:00 EST 111 Gross Domestic Product for the Commonwealth of the Northern Mariana Islands (CNMI), 2018 https://www.bea.gov/news/2019/gross-domestic-product-commonwealth-northern-mariana-islands-cnmi-2018 https://www.bea.gov/news/2019/gross-domestic-product-commonwealth-northern-mariana-islands-cnmi-2018 The estimates of GDP for the CNMI show that real GDP-GDP adjusted to remove price changes-decreased 19.6 percent in 2018 after increasing 25.5 percent in 2017 (see Table 1.3). For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. <!--Full Text Link--><a href='https://www.bea.gov/news/2019/gross-domestic-product-commonwealth-northern-mariana-islands-cnmi-2018'>Full Text</a><!--Full Text Link--> 2018 2017 Fall 2020 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/system/files/2019-11/cnmigdp-110619_0.pdf Wed, 06 Nov 2019 19:00:00 EST 115 Gross Domestic Product for U.S. Virgin Islands (USVI), 2017 https://www.bea.gov/news/2018/us-virgin-islands-gdp-decreases-2017 https://www.bea.gov/news/2018/us-virgin-islands-gdp-decreases-2017 The estimates of GDP for the USVI show that real GDP - GDP adjusted to remove price changes - decreased 1.7 percent in 2017 after increasing 0.9 percent in 2016. For comparison, real GDP for the United States (excluding the territories) increased 2.2 percent in 2017 after increasing 1.6 percent in 2016. <!--Full Text Link--><a href='https://www.bea.gov/news/2018/us-virgin-islands-gdp-decreases-2017'>Full Text</a><!--Full Text Link--> 2017 2016 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://www.bea.gov/system/files/2018-12/vigdp-121718.pdf Mon, 17 Dec 2018 08:30:00 EST Foreign Direct Investment by Country and Industry, 2017 https://apps.bea.gov/newsreleases/international/fdici/2018/fdici0718.htm https://apps.bea.gov/newsreleases/international/fdici/2018/fdici0718.htm In 2017, the U.S. direct investment abroad position increased to $6,013.3 billion and the foreign direct investment in the United States position increased to $4,025.5 billion, according to statistics released by the Bureau of Economic Analysis (BEA). The increases were mainly due to increased investment with countries in Europe. <!--Full Text Link--><a href='https://apps.bea.gov/newsreleases/international/fdici/2018/fdici0718.htm'>Full Text</a><!--Full Text Link--> 2017 July 2019 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://apps.bea.gov/newsreleases/international/fdici/2018/pdf/fdici0718.pdf Mon, 30 Jul 2018 08:30:00 EDT 106 Travel and Tourism Satellite Accounts, 3rd quarter 2017 https://apps.bea.gov/newsreleases/industry/tourism/2017/tour317.htm https://apps.bea.gov/newsreleases/industry/tourism/2017/tour317.htm Real spending (output) on travel and tourism accelerated in the third quarter of 2017, growing at an annual rate of 6.6 percent after increasing 6.0 percent (revised) in the second quarter, according to new statistics released by the Bureau of Economic Analysis. Real gross domestic product (GDP) for the nation also accelerated, increasing 3.3 percent in the third quarter (second estimate) after increasing 3.1 percent in the second quarter of 2017. <!--Full Text Link--><a href='https://apps.bea.gov/newsreleases/industry/tourism/2017/tour317.htm'>Full Text</a><!--Full Text Link--> 3rd quarter 2017 2nd Quarter xx BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://apps.bea.gov/newsreleases/industry/tourism/2017/pdf/tour317.pdf Wed, 13 Dec 2017 08:30:00 EST 112 Gross Domestic Product by Metropolitan Area, 2016 https://apps.bea.gov/newsreleases/regional/gdp_metro/2017/gdp_metro0917.htm https://apps.bea.gov/newsreleases/regional/gdp_metro/2017/gdp_metro0917.htm Real gross domestic product (GDP) increased in 267 out of 382 metropolitan areas in 2016. Real GDP by metropolitan area growth ranged from 8.1 percent in Lake Charles, LA and Bend-Redmond, OR to -13.3 percent in Odessa, TX. Real GDP for U.S. metropolitan areas grew 1.7 percent in 2016, led by growth in professional and business services; information services; and finance, insurance, real estate, rental, and leasing. <!--Full Text Link--><a href='https://apps.bea.gov/newsreleases/regional/gdp_metro/2017/gdp_metro0917.htm'>Full Text</a><!--Full Text Link--> 2016 2015 September 2018 BLN$ PCT https://apps.bea.gov/histdata/ https://www.bea.gov/news/archive https://apps.bea.gov/newsreleases/regional/gdp_metro/2017/pdf/Gdp_metro0917.pdf Wed, 20 Sep 2017 08:30:00 EDT Benchmark Input-Output Account of the U.S. Economy, 2007 https://apps.bea.gov/newsreleases/industry/io/2013/io1213.htm https://apps.bea.gov/newsreleases/industry/io/2013/io1213.htm The Bureau of Economic Analysis (BEA) today released its 2007 Benchmark Input-Output (I-O) Account of the U.S. Economy. This widely used account--which provided the foundation for BEA's 2013 comprehensive revision of its gross domestic product (GDP) statistics--offers a comprehensive picture of the inner workings of the U.S. economy, showing production relationships among nearly 400 industries and commodities. <!--Full Text Link--><a href='https://apps.bea.gov/newsreleases/industry/io/2013/io1213.htm'>Full Text</a><!--Full Text Link--> Wed, 18 Dec 2013 10:30:00 EST Summary Estimates for Multinational Companies, 2011 https://apps.bea.gov/newsreleases/international/mnc/2013/mnc2011.htm https://apps.bea.gov/newsreleases/international/mnc/2013/mnc2011.htm U.S. multinational companies: U.S. and foreign operations: Worldwide employment by U.S. multinational companies (MNCs) increased 1.5 percent in 2011 to 34.5 million workers, with the increase primarily reflecting increases abroad. Employment in the United States by majority-owned U.S. affiliates of foreign MNCs rose 3.3 percent in 2011, to 5.6 million workers, a rate of increase higher than the 1.8 percent increase in total U.S. private-industry employment in 2011. <!--Full Text Link--><a href='https://apps.bea.gov/newsreleases/international/mnc/2013/mnc2011.htm'>Full Text</a><!--Full Text Link--> Thu, 18 Apr 2013 08:30:00 EDT