August 10, 2020

The Survey of Current Business Is Turning 100

As the Survey of Current Business approaches its 100th anniversary in July 2021, we’re looking back at a century of achievements and innovation. Over the coming months, the Survey’s new centennial webpage will highlight each decade of its history with original articles, reprints from the archives, profiles of top influencers, posters, and historical memorabilia. Don’t miss a look at the first issue, published July 1, 1921.

 

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2020 (Adv)
-32.9%
Personal Income
June 2020
-1.1%
International Trade in Goods and Services
June 2020
-$50.7B
International Transactions
Q1 2020
-$104.2B

Noteworthy

The BEA Wire | BEA's Official Blog

June 2020 Trade Gap is $50.7 Billion

August 5, 2020

The U.S. monthly international trade deficit decreased in June 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $54.8 billion in May (revised) to $50.7 billion in June, as exports increased more than imports. The previously published May deficit was $54.6 billion. The goods deficit decreased $4.0 billion in June to $72.2 billion. The services surplus increased $0.1 billion in June…

BEA Updates Regional Economic Tool

August 3, 2020

Updated data are now available in BEA’s economic modeling tool used to estimate the impact of new projects or other changes in a region’s economy.

Personal Income and Outlays, June 2020

July 31, 2020

Personal income decreased 1.1 percent while consumer spending increased 5.6 percent in June, according to estimates released today by the Bureau of Economic Analysis.

Gross Domestic Product, Second Quarter 2020 (Advance Estimate) and Annual Update

July 30, 2020

Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter of 2020, real GDP decreased 5.0 percent. For more information, see the Technical Note.

Direct Investment by Country and Industry, 2019

July 23, 2020

The U.S. direct investment abroad position, or cumulative level of investment, increased $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $95.7 billion increase in the position in Europe, primarily in the United Kingdom and the Netherlands. By industry, manufacturing affiliates accounted for most of…

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