September 7, 2017 | The BEA Wire
BEA is moving ahead on a project to develop a new set of statistics that measure how outdoor pursuits like fishing, camping, and hiking contribute to the economy. The Outdoor Recreation Satellite Account, or ORSA, will add up jobs, spending, and goods and services for leisure activities that range across the American landscape, from hang gliding through the sky, to diving into the sea. Release of the first experimental estimates is expected…
September 6, 2017 | The BEA Wire
The U.S. monthly international trade deficit increased in July 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.5 billion in June (revised) to $43.7 billion in July, as exports decreased more than imports. The previously published June deficit was $43.6 billion. The goods deficit decreased less than $0.1 billion in July to $65.3 billion. The services surplus decreased $0.2…
September 6, 2017 | News Release
Total July exports of $194.4 billion and imports of $238.1 billion resulted in a goods and services deficit of $43.7 billion.
September 4, 2017 | News Release
This release is available as a PDF download.
September 4, 2017 | The BEA Wire
The Bureau of Economic Analysis released estimates of gross domestic product for Guam for 2016, in addition to estimates of GDP by industry and compensation by industry for 2015.
These estimates were developed under the Statistical Improvement Program funded by the Office of Insular Affairs of the U.S. Department of the Interior.
Revised estimates of GDP for 2013 to 2015, as well as revised estimates of GDP by industry and…
August 31, 2017 | The BEA Wire
Personal income increased 0.4% in July after showing no change in June. Wages and salaries, the largest component of personal income, increased 0.5 percent in July, the same increase as in June.
August 31, 2017 | News Release
In July 2017, real disposable personal income increased 0.2 percent.
August 30, 2017 | The BEA Wire
Real gross domestic product (GDP) increased 3.0 percent in the second quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.4 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 1.2 percent.
August 30, 2017 | News Release
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent.
August 21, 2017 | The BEA Wire
The personal saving rate, technically described by BEA as “personal saving as a percentage of disposable personal income,” is the percentage households save of their after-tax income. For 2016, the rate was 4.9 percent. The saving rate is published monthly, quarterly, and annually with BEA’s Gross Domestic Product and Personal Income and Outlays statistics. Personal saving statistics are used by businesses, the White House and Congress, the…
