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Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2018, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the second quarter ranged from 6.0 percent in Texas to 2.5 percent in Delaware.
| Gross Domestic Product | Q3 2018 | +3.5% |
| Personal Income | September 2018 | +0.2% |
| International Trade in Goods & Services (Trade Balance) | September 2018 | -$54.0B |
| U.S. International Transactions (Current Account Balance) | Q2 2018 | -$101.5B |
The estimates of GDP for Guam show that real GDP—GDP adjusted to remove price changes—increased 0.2 percent in 2017 after increasing 0.3 percent in 2016. For comparison, real GDP for the United States increased 2.2 percent in 2017 after increasing 1.6 percent in 2016.
Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.1 million workers (preliminary) in the United States in 2016, a 3.9 percent increase from 6.8 million (revised) in 2015, according to the Bureau of Economic Analysis.
The Bureau of Economic Analysis made changes today to some of our tables showing data about states, counties, metro areas, and other local areas. The changes make the presentation of data more consistent across BEA’s regional tables.
These changes in the way gross domestic product and personal income figures are displayed affect only the presentation, not the actual data. But users of BEA’s… Read More
The U.S. monthly international trade deficit increased in September 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.3 billion in August (revised) to $54.0 billion in September, as imports increased more than exports. The previously published August deficit was $53.2 billion. The goods deficit increased $0.6 billion in September to $77.2 billion. The services surplus decreased $… Read More
