Bureau of Economic Analysis

Real spending on travel and tourism increased at an annual rate of 2.5 percent in the fourth quarter of 2010, following an increase of 8.6 percent (revised) in the third quarter of 2010. By comparison, real gross domestic product (GDP) increased 2.8 percent (second estimate) in the fourth quarter, after increasing 2.6 percent in the third quarter. Overall growth in prices for travel and tourism goods and services accelerated, increasing 3.4…

Fourth Quarter Current Account The U.S. current-account deficitthe combined balances on trade in goods and services, income, and net unilateral current transfersdecreased to $113.3 billion (preliminary) in the fourth quarter of 2010, from $125.5 billion (revised) in the third quarter of 2010. The decrease was more than accounted for by a decrease in the deficit on goods;…

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Personal income increased $133.2 billion, or 1.0 percent, and disposable personal income (DPI) increased $78.3 billion, or 0.7 percent, inJanuary, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $23.7 billion, or 0.2 percent.

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.8 percent in the fourth quarter of 2010, (that is, from the third quarter to the fourth quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.6 percent. The GDP estimates released today are based on more…

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Personal income increased $54.5 billion, or 0.4 percent, and disposable personal income (DPI) increased $47.3 billion, or 0.4 percent, inDecember, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $69.5 billion, or 0.7 percent.

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.2 percent in the fourth quarter of 2010, (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis.

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