May 23, 2019

Check Out the Buying Power in Your Metro Area

Interested in comparing buying power in your metropolitan area to another? Then, you’ll want to look at the Bureau of Economic Analysis’ latest batch of regional price indexes.

Principal Federal Economic Indicators

Gross Domestic Product Q1 2019 +3.2%
Personal Income March 2019 +0.1%
International Trade in Goods & Services (Trade Balance) March 2019 -$50.0B
U.S. International Transactions (Current Account Balance) Q4 2018 -$134.4B

The BEA Wire | BEA's Official Blog

Check Out the Buying Power in Your Metro Area

May 23, 2019

Interested in comparing buying power in your metropolitan area to another? Then, you’ll want to look at the Bureau of Economic Analysis’ latest batch of regional price indexes.

Some highlights from BEA’s recent news release, featuring our 2017 Regional Price Parities:

Real Personal Income for Metropolitan Areas, 2017

May 16, 2019

The percent change in real metropolitan area personal income ranged from 14.8 percent in Midland, MI to -5.9 percent in Enid, OK.

Real Personal Income for States, 2017

May 16, 2019

The percent change in real state personal income ranged from 4.5 percent in New York to -1.3 percent in North Dakota.

March 2019 Trade Gap is $50.0 Billion

May 9, 2019

The U.S. monthly international trade deficit increased in March 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $49.3 billion in February (revised) to $50.0 billion in March, as imports increased more than exports. The previously published February deficit was $49.4 billion. The goods deficit increased $0.5 billion in March to $72.4 billion. The services surplus decreased $0.2… Read More

Gross Domestic Product by State, Fourth Quarter 2018

May 1, 2019

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the fourth quarter of 2018.  The percent change in real GDP in the fourth quarter ranged from 6.6 percent in Texas to 0.0 percent in Delaware.

Wholesale trade, mining, and information services were the leading contributors to the increase in real GDP nationally. Mining and wholesale trade were the leading contributors to the increase in real… Read More

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