August 02, 2019

U.S. International Trade in Goods and Services, June 2019

The U.S. monthly international trade deficit decreased in June 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.3 billion in May (revised) to $55.2 billion in June, as imports decreased more than exports. The previously published May deficit was $55.5 billion. The goods deficit decreased $0.8 billion in June to $75.1 billion. The services surplus decreased $0.6 billion in June to $20.0 billion.

Principal Federal Economic Indicators

Gross Domestic Product Q2 2019 +2.1%
Personal Income June 2019 +0.4%
International Trade in Goods & Services (Trade Balance) June 2019 -$55.2B
U.S. International Transactions (Current Account Balance) Q1 2019 -$130.4B

The BEA Wire | BEA's Official Blog

June 2019 Trade Gap is $55.2 Billion

August 2, 2019

The U.S. monthly international trade deficit decreased in June 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.3 billion in May (revised) to $55.2 billion in June,as imports decreased more than exports. The previously published May deficit was $55.5 billion. The goods deficit decreased $0.8 billion in June to $75.1 billion. The services surplus decreased $0.6 billion in June to…

Real Disposable Income Rises in June

July 30, 2019

Personal income increased 0.4 percent in June, the same increase as in May. Wages and salaries, the largest component of personal income, increased 0.5 percent in June after increasing 0.2 percent in May.

GDP Increases in Second Quarter

July 26, 2019

Real gross domestic product increased 2.1 percent in the second quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.

Gross Domestic Product by State, First Quarter 2019

July 25, 2019

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2019. The percent change in real GDP in the first quarter ranged from 5.2 percent in West Virginia to 1.2 percent in Hawaii.

Direct Investment by Country and Industry, 2018

July 24, 2019

The U.S. direct investment abroad position, or cumulative level of investment, decreased $62.3 billion to $5.95 trillion at the end of 2018 from $6.01 trillion at the end of 2017. The decrease was due to the repatriation of accumulated prior earnings by U.S. multinationals from their foreign affiliates, largely in response to the 2017 Tax Cuts and Jobs Act. The decrease reflected a $75.8 billion decrease in the position in…

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