September 4, 2013 | News Release
August 30, 2013 | The BEA Wire
Personal income increased 0.1 percent in July after increasing 0.3 percent in June. Wages and salaries, the largest component of personal income, decreased 0.3 percent in July after increasing 0.4 percent in June. Government wages were reduced in July due to furloughs.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.2 percent in July, the same increase as in June.
August 30, 2013 | News Release
Personal income increased $14.1 billion, or 0.1 percent, and disposable personal income (DPI) increased $21.7 billion,
or 0.2 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE)
increased $16.3 billion, or 0.1 percent. In June, personal income increased $38.2 billion, or 0.3 percent, DPI
increased $27.3 billion, or 0.2 percent, and PCE increased $64.0 billion, or 0.6 percent, based on revised…
August 29, 2013 | The BEA Wire
Real gross domestic product (GDP) increased 2.5 percent in the second quarter of 2013 after increasing 1.1 percent in the first quarter, according to the “second” estimate released by the Bureau of Economic Analysis (BEA). The second-quarter growth rate was revised up 0.8 percentage point from the advance estimate released in July.
GDP growth highlights
The second-quarter acceleration reflected the following:
August 29, 2013 | News Release
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 2.5 percent in the second quarter of 2013
(that is, from the first quarter to the second quarter), according to the "second" estimate released by the
Bureau of Economic Analysis. In the first quarter, real GDP increased 1.1 percent.
The GDP estimate released today is based…
August 12, 2013 | News Release
This release is available as a PDF download.
August 12, 2013 | The BEA Wire
The estimates of gross domestic product (GDP) for the U.S. Virgin Islands show that real GDP—adjusted to remove price changes—decreased 13.2 percent in 2012 after decreasing 6.6 percent in 2011.
In contrast, real GDP for the United States (excluding the territories) increased 2.8 percent in 2012 after increasing 1.8 percent in 2011.
The decline in the Virgin Islands economy reflected decreases in exports of goods and…
August 6, 2013 | The BEA Wire
The U.S. monthly international trade deficit decreased in June 2013, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $44.1 billion in May (revised) to $34.2 billion in June as exports increased and imports decreased. The previously published May deficit was $45.0 billion. The goods deficit decreased $9.7 billion from May to $53.2 billion in June; the services surplus increased $0.2…
August 6, 2013 | News Release
August 2, 2013 | News Release
Personal income increased $45.4 billion, or 0.3 percent, and disposable personal income (DPI)
increased $33.6 billion, or 0.3 percent, in June, according to the Bureau of Economic Analysis. Personal
consumption expenditures (PCE) increased $59.4 billion, or 0.5 percent. In May, personal income
increased $49.5 billion, or 0.4 percent, DPI increased $38.2 billion, or 0.3 percent, and PCE increased
$19.3 billion, or 0.2 percent, based on…
