U.S. Bureau of Economic Analysis

U.S. International Trade in Goods and Services, September 2009

Fri, 13 Nov 2009 08:30:00 EST

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total September exports of $132.0 billion and imports of $168.4 billion resulted in a goods and services deficit of $36.5 billion, up from $30.8 billion in August, revised. September exports were $3.7 billion more than August exports of $128.3 billion. September imports were $9.3 billion more than August imports of $159.1 billion. Full Text

Personal Income and Outlays, September 2009

Fri, 30 Oct 2009 08:30:00 EST

Personal income decreased $0.1 billion, or less than 0.1 percent, and disposable personal income (DPI) decreased $0.2 billion, or less than 0.1 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $47.2 billion, or 0.5 percent. In August, personal income increased $17.4 billion, or 0.1 percent, DPI increased $14.1 billion, or 0.1 percent, and PCE increased $139.8 billion, or 1.4 percent, based on revised estimates. Full Text

Gross Domestic Product, 3rd quarter 2009 (advance estimate)

Thu, 29 Oct 2009 08:30:00 EST

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.5 percent in the third quarter of 2009, (that is, from the second quarter to the third quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 0.7 percent.

State Quarterly Personal Income, 1st quarter 2006-2nd quarter 2009; Revised Annual State Personal Income, 2006-2008

Fri, 16 Oct 2009 08:30:00 EDT

U.S. personal income grew 0.2 percent in the second quarter of 2009, the first growth in a year for the U.S. and for 15 states, according to estimates released today by the U.S. Bureau of Economic Analysis. In the first quarter, U.S. personal income fell 2.3 percent.

GDP by Metropolitan Area, Accelerated 2008, 2007, and Revised 2005-2006

Thu, 24 Sep 2009 08:30:00 EDT

New statistics released today by the U.S. Bureau of Economic Analysis show that the slowdown in U.S. economic growth was widespread: 60 percent of metropolitan areas saw economic growth slow down or reverse. Real GDP growth slowed in 220 of the nation's 366 metropolitan statistical areas (MSAs) in 2008 with downturns in construction, manufacturing, and finance and insurance restraining growth in many metropolitan areas. Growth in real U.S. GDP by metropolitan area slowed from 2.0 percent in 2007 to 0.8 percent in 2008.

Travel and Tourism Satellite Accounts, 2nd quarter 2009

Wed, 23 Sep 2009 08:30:00 EDT

Real spending on travel and tourism declined at an annual rate of 1.4 percent in 2009:2 (that is, from the first quarter to the second quarter) after declining 8.9 percent (revised) in 2009:1. By comparison, real gross domestic product (GDP) decreased 1.0 percent (second estimate) in 2009:2 after decreasing 6.4 percent in 2009:1. Travel and tourism prices continued to decline but at a slower rate-decreasing 3.5 percent in 2009:2 after decreasing 10.6 percent (revised) in 2009:1. Transportation and traveler accommodations made the largest contributions to the decrease in real spending in 2009:1 despite price declines for both.

U.S. International Transactions, 2nd Quarter 2009

Wed, 16 Sep 2009 08:30:00 EDT

The U.S. current-account deficit-the combined balances on trade in goods and services, income, and net unilateral current transfers-decreased to $98.8 billion (preliminary) in the second quarter of 2009, the smallest deficit since the fourth quarter of 2001, from $104.5 billion (revised) in the first quarter. The decrease was more than accounted for by a decrease in the deficit on goods. A small increase in the surplus on services also contributed to the lower current-account deficit. An increase in net unilateral current transfers to foreigners and a decrease in the surplus on income were partly offsetting.

Personal Income for Metropolitan Areas, 2008

Thu, 06 Aug 2009 08:30:00 EDT

Personal income growth slowed in 2008 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth slowed in 322 MSAs, increased in 42, and remained unchanged in 2 MSAs. On average, MSA personal income grew 3.3 percent in 2008, down from 6.0 percent in 2007.

U.S. Net International Investment Position at Yearend 2008

Fri, 26 Jun 2009 08:30:00 EDT

The U.S. net international investment position at yearend 2008 was -$3,469.2 billion (preliminary), as the value of foreign investments in the United States continued to exceed the value of U.S. investments abroad (table 1). At yearend 2007, the U.S. net international investment position was -$2,139.9 billion (revised).

Foreign Investors Spending, 2008

Thu, 04 Jun 2009 08:30:00 EDT

Outlays by foreign direct investors to acquire or establish U.S. businesses increased 3 percent in 2008, to $260.4 billion. Outlays in 2008 were the third-largest on record and the sixth consecutive increase since a falloff in outlays in 2001-2002.

Gross Domestic Product by State, advance 2008 and revised 2005-2007

Tue, 02 Jun 2009 08:30:00 EDT

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 5.7 percent in the first quarter of 2009, (that is, from the fourth quarter to the first quarter), according to preliminary estimates released by the Bureau of Economic Analysis. In the fourth quarter, real GDP decreased 6.3 percent.

Advance Gross Domestic Product by Industry, 2008

Tue, 28 Apr 2009 08:30:00 EDT

Downturns in manufacturing, retail trade, and finance and insurance industries were the leading contributors to the slowdown in U.S. economic growth in 2008, according to preliminary statistics on the breakout of real gross domestic product (GDP) by industry from the Bureau of Economic Analysis. The economic slowdown was widespread: nearly two-thirds of private industries contributed to the deceleration in real GDP growth.

Local Area Personal Income, 2007

Thu, 23 Apr 2009 08:30:00 EDT

Today, the Bureau of Economic Analysis (BEA) released estimates of personal income at the county level for 2007 based on newly available source data. The percent change from 2006 to 2007 in county personal income ranged from -11 percent in McPherson County, Nebraska to 88 percent in Campbell County, South Dakota. For the nation, personal income grew 6.0 percent. A surge in farm income accounted for the bulk of the growth in 29 of the 31 fastest growing counties (the top 1 percent of the nation's counties) as they rebounded from sharp declines in farm income in 2006.

County Compensation by Industry, 2007

Mon, 22 Dec 2008 08:30:00 EST

Total compensation of U.S. workers grew 5.2% in 2007 and most counties shared in that growth, according to statistics released today by the Bureau of Economic Analysis (BEA). Compensation grew in over 90% of the 3,111 counties in the U.S., as the average annual compensation per job in the U.S. grew by 4.1% to $53,892. Inflation, as measured by the national price index for personal consumption expenditures, grew 2.6% in 2007.

Revised Statistics for the Annual Industry Accounts, 2005-2007

Mon, 15 Dec 2008 08:30:00 EST

A sharp slowdown in finance and insurance, a further contraction in construction, and a deceleration in durable-goods manufacturing were the leading contributors to the economic slowdown in 2007, according to revised statistics of real gross domestic product (GDP) by industry.

U.S. International Trade in Goods and Services: Annual Revision for 2007

Tue, 10 Jun 2008 08:30:00 EDT

In this release and the accompanying U.S. International Trade in Goods and Services: April 2008, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis (BEA) are jointly publishing revised data on U.S. trade in goods for 2005-2007 and the first three months of 2008 and revised data on services for 2004-2007 and the first three months of 2008.

Revised Statistics of Gross Domestic Product by Industry, 2004-2006

Tue, 29 Jan 2008 08:30:00 EST

Revised statistics on the industry distribution of real gross domestic product (GDP), released today by the U.S. Bureau of Economic Analysis, show that the private services-producing sector continued to lead overall GDP growth in 2006, increasing 4.2 percent, while growth in the private goods-producing sector slowed to 0.8 percent. Overall growth of the U.S. economy decelerated slightly in 2006 to 2.9 percent from 3.1 percent in 2005. These statistics for 2006 incorporate more accurate and more detailed information on the industry composition of GDP growth than was available for preparing the advance GDP-by-industry estimates released on April 24, 2007.

Benchmark Input-Output Accounts of the U.S. Economy, 2002

Fri, 21 Sep 2007 08:30:00 EDT

The Bureau of Economic Analysis released today the 2002 benchmark input-output (I-O) accounts. These are the latest in a series of accounts that provide the most detailed information available on the structure of the U.S. economy and its industries, and cover over 400 industries.

Release Dates for 2009

Tue, 11 Mar 2008 08:30:00 EST

A complete listing of our upcoming news releases can be found on our detailed schedule for 2009. All news releases shown on our schedule are made available as RSS feeds.