March 13, 2019

Coming Soon: Arts and Culture Statistics for the U.S. and States

Take a bow, dancers, art teachers, and museum guides: The roles you and others play in the U.S. economy will be in the spotlight March 19.

 

Principal Federal Economic Indicators

Gross Domestic Product Q4 2018 +2.6%
Personal Income January 2019 -0.1%
International Trade in Goods & Services (Trade Balance) December 2018 -$59.8B
U.S. International Transactions (Current Account Balance) Q3 2018 -$124.8B

The BEA Wire | BEA's Official Blog

Bohman Named Deputy Director of BEA

March 18, 2019

Mary Bohman, an agricultural economist with an impressive record of accomplishments in the public sector, was named Deputy Director of the Bureau of Economic Analysis.

Coming Soon: Arts and Culture Statistics for the U.S. and States

March 13, 2019

Take a bow, dancers, art teachers, and museum guides: The roles you and others play in the U.S. economy will be in the spotlight March 19.

That’s when the Bureau of Economic Analysis will release its annual statistics on the economic impact of arts and cultural activities. The data will highlight the sector’s contributions to the gross domestic product, or GDP, of the United States, each of the 50 states, and the District of Columbia… Read More

Benchmark Update Completed for State, Local Personal Income

March 6, 2019

The Bureau of Economic Analysis has completed its comprehensive update of state and local area personal income statistics, some reaching back as far as 1929.

Comprehensive, or benchmark, updates are performed approximately every five years. They provide the opportunity to incorporate newly available and revised source data and to introduce improvements in statistical methods. BEA’s full time series are updated to provide consistent… Read More

2018 Trade Gap is $621.0 Billion

March 6, 2019

The U.S. international trade deficit increased in 2018, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $552.3 billion in 2017 to $621.0 billion in 2018, as imports increased more than exports. As a percentage of U.S. gross domestic product, the goods and services deficit was 3.0 percent in 2018, up from 2.8 percent in 2017. The goods deficit increased from $807.5 billion in 2017 to $… Read More

December 2018 Trade Gap is $59.8 Billion

March 6, 2019

The U.S. monthly international trade deficit increased in December 2018, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $50.3 billion in November (revised) to $59.8 billion in December, as imports increased and exports decreased. The previously published November deficit was $49.3 billion. The goods deficit increased $9.0 billion in December to $81.5 billion. The services surplus… Read More

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