September 25, 2014 | News Release
The U.S. net international investment position at the end of the second quarter of 2014 was -$5,445.1 billion (preliminary) as the value of U.S. liabilities exceeded the value of U.S. assets (chart 1, table 1). At the end of the first quarter of 2014, the net position was -$5,511.7 billion (revised). The $66.6 billion increase in the net position reflected a $913.2 billion increase in the value of U.S. assets and an $846.7 billion increase…
September 18, 2014 | The BEA Wire
Real spending on travel and tourism turned up in the second quarter of 2014, increasing at an annual rate of 2.1 percent after decreasing 1.1 percent (revised) in the first quarter of 2014. Real gross domestic product (GDP) also experienced an upturn, increasing 4.2 percent (second estimate) in the second quarter after decreasing 2.1 percent in the first quarter. All major categories, with the exception of “traveler accommodations”…
September 18, 2014 | News Release
Real spending on travel and tourism turned up in the second quarter of 2014, increasing at an annual rate of 2.1 percent after decreasing 1.1 percent (revised) in the first quarter of 2014. Real gross domestic product (GDP) also experienced an upturn, increasing 4.2 percent (second estimate) in the second quarter after decreasing 2.1 percent in the first quarter. All major categories, with the exception of “traveler accommodations”…
September 17, 2014 | The BEA Wire
The U.S. current-account deficit-the combined balances on trade in goods and services, income, and net unilateral current transfers – decreased to $98.5 billion (preliminary) in the second quarter of 2014 from $102.1 billion (revised) in the first quarter of 2014. As a percentage of U.S. GDP, the deficit decreased to 2.3 percent from 2.4 percent. The previously published current-account deficit for the first quarter was $111.2 billion.
September 17, 2014 | The BEA Wire
Statistics on what Americans and foreigners spent on travel and tourism in the United States in the second quarter of 2014 will be released Thursday, Sept. 18 by the Bureau of Economic Analysis (BEA).
The statistics, part of BEA’s Travel and Tourism Satellite Accounts, provide a breakdown of the various components of travel and tourism spending, including lodging, meals, air travel, and shopping. The statistics will also provide data…
September 17, 2014 | News Release
Sarah P. Scott:
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U.S. International Transactions: Second Quarter 2014
September 16, 2014 | The BEA Wire
Real GDP increased in 292 of the nation’s 381 metropolitan areas in 2013, led by widespread growth in finance, insurance, real estate, rental, and leasing; nondurable-goods manufacturing; and professional and business services.
September 16, 2014 | News Release
Advance 2013, and Revised 2001–2012 GDP-by-Metropolitan-Area Statistics
Real GDP increased in 292 of the nation's 381 metropolitan areas in 2013, led by widespread growth in finance, insurance, real estate, rental, and leasing, nondurable-goods manufacturing, and professional and business services, according to new statistics released today by the U.S. Bureau of Economic Analysis. Natural resources and mining also spurred strong growth in…
September 15, 2014 | News Release
This release is available as a PDF download.
September 15, 2014 | The BEA Wire
Statistics on the 2013 economic performance of the nation’s 381 metropolitan areas will be released Tuesday, Sept. 16 at 8:30 a.m. EDT by the U.S. Bureau of Economic Analysis (BEA).
The release will also include revised statistics for the years 2001-2012, along with maps of the eight BEA economic regions and a table detailing the contributions of thirteen principal industries to the economic growth of each area. The news release,…