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The U.S. current-account deficit widened by $138.2 billion, or 44.3 percent, to $450.2 billion in the first quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $312.0 billion. The first-quarter deficit was 6.0 percent of current-dollar gross domestic product, up from 4.2 percent in the fourth quarter.
Nondurable goods manufacturing; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the third quarter.
Nondurable goods manufacturing; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the third quarter.
The U.S. monthly international trade deficit decreased in November 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.9 billion in October (revised) to $43.1 billion in November, as exports increased and imports decreased. The previously published October deficit was $47.2 billion. The goods deficit decreased $3.9 billion in November to $63.9 billion. The services surplus…
The U.S. monthly international trade deficit decreased in November 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.9 billion in October (revised) to $43.1 billion in November, as exports increased and imports decreased. The previously published October deficit was $47.2 billion. The goods deficit decreased $3.9 billion in November to $63.9 billion. The services surplus decreased…
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$10.95 trillion at the end of the third quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $28.26 trillion and liabilities were $39.21 trillion. At the end of the second quarter, the net investment position was –$10.61 trillion.
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$10.95 trillion at the end of the third quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $28.26 trillion and liabilities were $39.21 trillion. At the end of the second quarter, the net investment position was –$10.61 trillion.
Personal income increased 0.5 percent in November after increasing 0.1 percent in October. Wages and salaries, the largest component of personal income, increased 0.4 percent in November after increasing 0.5 percent in October.
Personal income increased 0.5 percent in November after increasing 0.1 percent in October. Wages and salaries, the largest component of personal income, increased 0.4 percent in November after increasing 0.5 percent in October.
Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was unrevised from the “second” estimate released in November. In the second quarter, real GDP rose 2.0 percent.
Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was unrevised from the “second” estimate released in November. In the second quarter, real GDP rose 2.0 percent.
