Bureau of Economic Analysis

The U.S. monthly international trade deficit increased in December 2018, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $50.3 billion in November (revised) to $59.8 billion in December, as imports increased and exports decreased. The previously published November deficit was $49.3 billion. The goods deficit increased $9.0 billion in December to $81.5 billion. The services surplus…

The U.S. monthly international trade deficit increased in December 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $50.3 billion in November (revised) to $59.8 billion in December, as imports increased and exports decreased. The previously published November deficit was $49.3 billion. The goods deficit increased $9.0 billion in December to $81.5 billion. The services surplus decreased…

The Bureau of Economic Analysis plans to produce new economic data for Puerto Rico this year that could lay the groundwork for later estimating the island’s gross domestic product.

BEA plans to develop and publish later this year estimates for specific components that would feed into Puerto Rico’s GDP, such as consumer spending, business investment, and trade in goods. Estimates for these components will cover 2012 through 2017 and…

Personal income decreased 0.1 percent in January after increasing 1.0 percent in December, the largest increase since December 2012. Wages and salaries, the largest component of personal income, increased 0.3 percent in January after increasing 0.5 percent in December.

Statistics on consumer spending in January, also known as personal consumption expenditures, have been rescheduled for release March 29 because of the effects of the temporary lapse in federal funding.

The U.S. Bureau of Economic Analysis typically releases each month’s personal income and spending data together in the Personal Income and Outlays report. However, because of delays in the availability of some source data, the schedule…

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2018, according to the “initial” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

Fourth-quarter GDP highlights The increase in real GDP reflected increases in consumer spending, business investment, exports, and inventory investment.

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2018, according to the “initial” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

New release dates are now set for a trio of monthly trade reports impacted by the effects of the recent lapse in federal funding.

Bureau of Economic Analysis data on international trade and investment, as well as the United States' international investment position, will be released a few days later in March than originally scheduled, due to the effects of the recent lapse in federal funding.

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2018. The percent change in real GDP in the third quarter ranged from 5.8 percent in Washington to 0.0 percent in West Virginia.   Wholesale trade, information services, finance and insurance, and retail trade were the leading contributors to the increase in real GDP nationally. Information services and retail trade were the…