November 07, 2019

Gross Domestic Product by State: Second Quarter 2019

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2019, 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 4.7 percent in Texas to 0.5 percent in Hawaii.

Principal Federal Economic Indicators

Gross Domestic Product Q3 2019 +1.9%
Personal Income September 2019 +0.3%
International Trade in Goods & Services (Trade Balance) September 2019 -$52.5B
U.S. International Transactions (Current Account Balance) Q2 2019 -$128.2B

The BEA Wire | BEA's Official Blog

Gross Domestic Product (GDP) by State: Second Quarter 2019

November 7, 2019

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2019. The percent change in real GDP in the second quarter ranged from 4.7 percent in Texas to 0.5 percent in Hawaii.

Northern Mariana Islands GDP Decreases in 2018

November 6, 2019

The estimates of gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands (CNMI) show that real GDP—GDP adjusted to remove price changes—decreased 19.6 percent in 2018 after increasing 25.5 percent in 2017.  For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017.

September 2019 Trade Gap is $52.5 Billion

November 5, 2019

The U.S. monthly international trade deficit decreased in September 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.0 billion in August (revised) to $52.5 billion in September, as imports decreased more than exports. The previously published August deficit was $54.9 billion. The goods deficit decreased $2.7 billion in September to $71.7 billion. The services surplus decreased $…

Real Disposable Personal Income Rises in September

October 31, 2019

Personal income increased 0.3 percent in September after increasing 0.5 percent in August. Wages and salaries, the largest component of personal income, showed no change in September after increasing 0.6 percent in August.

GDP Increases in Third Quarter

October 30, 2019

Real gross domestic product (GDP) increased 1.9 percent in the third quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent.

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