Bureau of Economic Analysis

Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July. Disposable personal income (DPI)—personal income less personal current taxes— increased $7.3 billion (less than 0.1 percent). Personal outlays—the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments—increased $153.8 billion (0.8 percent) and consumer spending increased $144.6 billion (0.8 percent).…

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023, according to the “second” estimate. In the first quarter, real GDP increased 2.0 percent. The increase in the second quarter primarily reflected increases in consumer spending and business investment that were partly offset by a decrease in exports. Imports, which are a subtraction in the calculation of GDP, decreased.

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023, according to the “second” estimate. In the first quarter, real GDP increased 2.0 percent. The increase in the second quarter primarily reflected increases in consumer spending and business investment that were partly offset by a decrease in exports. Imports, which are a subtraction in the calculation of GDP, decreased. Profits decreased…

Majority-owned U.S. affiliates of foreign multinational enterprises employed 7.94 million workers in the United States in 2021, a 2.9 percent increase from 7.71 million workers in 2020, according to the U.S. Bureau of Economic Analysis (BEA). These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2021.

Majority-owned U.S. affiliates of foreign multinational enterprises employed 7.94 million workers in the United States in 2021, a 2.9 percent increase from 7.71 million workers in 2020, according to the U.S. Bureau of Economic Analysis (BEA). These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2021.

The U.S. goods and services trade deficit decreased from $68.3 billion in May (revised) to $65.5 billion in June, as imports decreased more than exports. The goods deficit decreased $2.8 billion to $88.2 billion, and the services surplus decreased less than $0.1 billion to $22.7 billion.

The U.S. monthly international trade deficit decreased in June 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $68.3 billion in May (revised) to $65.5 billion in June as imports decreased more than exports. The goods deficit decreased $2.8 billion in June to $88.2 billion. The services surplus decreased less than $0.1 billion in June to $22.7 billion.

Real gross domestic product (GDP) for Puerto Rico increased 4.0 percent in 2021 after decreasing 6.2 percent in 2020, according to statistics released today by the U.S. Bureau of Economic Analysis.

The increase in real GDP in 2021 primarily reflected an increase in personal consumption expenditures. Private fixed investment also increased. These increases were partly offset by decreases in exports, private inventory investment, and…

El producto interior bruto real (PIB) para Puerto Rico creció 4.0 por ciento en 2021, luego de decrecer 6.2 por ciento en 2020, de acuerdo con las estadísticas difundidas hoy por el Negociado de Análisis Económico de EE. UU.

Real gross domestic product (GDP) for Puerto Rico increased 4.0 percent in 2021 after decreasing 6.2 percent in 2020. The increase in real GDP in 2021 primarily reflected an increase in personal consumption expenditures. Private fixed investment also increased. These increases were partly offset by decreases in exports, private inventory investment, and government spending. Imports, which is a subtraction item in the calculation of GDP,…