Bureau of Economic Analysis

Real spending (output) on travel and tourism turned down in the fourth quarter of 2016, decreasing at an annual rate of 3.3 percent after increasing 3.7 percent (revised) in the third quarter according to new statistics released by the Bureau of Economic Analysis. In contrast, real gross domestic product (GDP) increased 1.9 percent in the fourth quarter after increasing 3.5 percent in the third. For the year, travel and tourism grew 2.3…

Upcoming in the Survey of Current Business Direct Investment

Statistics on investment positions, international transactions, and the composition of investments of U.S. and foreign multinational enterprises.

Quarterly statistics for the first quarter of 2015 and 2006–2014 that show economic growth across states.

The U.S. monthly international trade deficit increased in January 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $44.3 billion in December (revised) to $48.5 billion in January, as imports increased more than exports. The previously published December deficit was $44.3 billion. The goods deficit increased $4.0 billion in January to $69.7 billion. The services surplus decreased $0.3…

ERRATA Exhibits 20 and 20b in the “U.S. International Trade in Goods and Services: January 2017” report were updated on March 22, 2017, to correct statistics for services trade with Saudi Arabia, OPEC, and the "All other countries" grouping for all quarters of 2016 and for annual 2016. The release text and relevant tables in “U.S. Trade in Goods and Services by Selected Countries and Areas, 1999-present” were also updated to reflect this…

Personal income increased 0.4 percent in January after increasing 0.3 percent in December. Wages and salaries, the largest component of personal income, increased 0.4 percent in January, the same increase as in December.

Personal income increased $63.0 billion (0.4 percent) in January according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $40.1 billion (0.3 percent) and personal consumption expenditures (PCE) increased $22.2 billion (0.2 percent). Real DPI decreased 0.2 percent in January and Real PCE decreased 0.3 percent. The PCE price index increased 0.4 percent.

Real gross domestic product (GDP) increased 1.9 percent in the fourth quarter of 2016, according to the “second” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.5 percent.

Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the fourth quarter of 2016 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.5 percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month. In the advance estimate, the increase in real GDP was also…

BEA and the Census Bureau are taking another big step this month in their joint quest to get more data into earlier estimates of gross domestic product.

The Census Bureau will begin releasing an early snapshot of its service sector data each quarter, in time for BEA’s second estimate of quarterly GDP.

The new information will be included in BEA statistics beginning Feb. 28 ─ the second estimate of GDP for the fourth quarter…

The U.S. monthly international trade deficit decreased in December 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $45.7 billion in November (revised) to $44.3 billion in December, as exports increased more than imports. The previously published November deficit was $45.2 billion. The goods deficit decreased $1.2 billion in December to $65.7 billion. The services surplus increased…