Bureau of Economic Analysis

Real gross domestic product (GDP) increased 4.1 percent in the second quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent (revised).

BEA has updated gross domestic product and related statistics covering the past five years, and in some cases reaching back decades, to reflect newly available source data; improved seasonal adjustment; innovations in measuring the prices of software, medical equipment, and cellphones; and more.

Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent (revised).

Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the first quarter of 2018, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the first quarter ranged from 3.6 percent in Washington to -0.6 percent in North Dakota.

Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the first quarter.

Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 14 of 22 industry groups contributed to the overall 2.0 percent increase in real GDP in the first quarter.

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion in 2017, down 32 percent from $379.7 billion in 2016.

Additional highlights of the statistics on new foreign direct investment for 2017:

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion (preliminary) in 2017. Expenditures were down 32 percent from $379.7 billion (revised) in 2016 and were below the annual average of $359.9 billion for 2014-2016. As in previous years, acquisitions of existing businesses accounted for a large majority of total expenditures.

The U.S. monthly international trade deficit decreased in May 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.1 billion in April (revised) to $43.1 billion in May, as exports increased more than imports. The previously published April deficit was $46.2 billion. The goods deficit decreased $2.6 billion in May to $65.8 billion. The services surplus increased $0.5 billion in May…