January 10, 2020

Gross Domestic Product by State, Third Quarter 2019

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2019. The percent change in real GDP in the third quarter ranged from 4.0 percent in Texas to 0.0 percent in Delaware.

Principal Federal Economic Indicators

Gross Domestic Product Q3 2019 +2.1%
Personal Income November 2019 +0.5%
International Trade in Goods & Services (Trade Balance) November 2019 -$43.1B
U.S. International Transactions (Current Account Balance) Q3 2019 -$124.1B

The BEA Wire | BEA's Official Blog

A New Look at U.S. Exporters and Importers of Services

January 15, 2020

New BEA research offers fresh insights into U.S. firms that export and import services internationally. The research article published recently in the Bureau of Economic Analysis’ Survey of Current Business focuses on firms that are engaged in the trade of “selected services,” a subset of international services trade statistics. BEA’s confidential international surveys gather extensive information on these selected services.

Gross Domestic Product by State: Third Quarter 2019

January 10, 2020

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2019. The percent change in real GDP in the third quarter ranged from 4.0 percent in Texas to 0.0 percent in Delaware.

Gross Domestic Product by Industry: Third Quarter 2019

January 9, 2020

Nondurable goods manufacturing; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the third quarter.

November 2019 Trade Gap is $43.1 Billion

January 7, 2020

The U.S. monthly international trade deficit decreased in November 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.9 billion in October (revised) to $43.1 billion in November, as exports increased and imports decreased. The previously published October deficit was $47.2 billion. The goods deficit decreased $3.9 billion in November to $63.9 billion. The services surplus…

U.S. International Investment Position Third Quarter 2019

December 27, 2019

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$10.95 trillion at the end of the third quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $28.26 trillion and liabilities were $39.21 trillion. At the end of the second quarter, the net investment position was –$10.61 trillion.

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