June 30, 2016 | News Release
First Quarter of 2016
The U.S. net international investment position at the end of the first quarter of 2016 was −$7,525.6 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 fourth quarter of 2015, the net investment position was -$7,280.6 billion (revised).
June 29, 2016 | The BEA Wire
BEA is getting ready for its big summer update of GDP and other national economic statistics, coming in late July. This annual ritual of refining figures from the last three years can be confusing. People wonder: Were the old numbers wrong? Are these new figures final? No, and not really.
June 29, 2016 | The BEA Wire
Personal income increased 0.2 percent in May after increasing 0.5 percent in April. Wages and salaries, the largest component of personal income, increased 0.2 percent in May after increasing 0.5 percent in April.
June 29, 2016 | News Release
Personal income increased $37.1 billion, or 0.2 percent, and disposable personal income (DPI) increased
$33.9 billion, or 0.2 percent, in May, according to the Bureau of Economic Analysis. Personal consumption
expenditures (PCE) increased $53.5 billion, or 0.4 percent.
June 28, 2016 | The BEA Wire
"Third" estimate of GDP
Real gross domestic product (GDP) increased 1.1 percent in the first quarter of 2016, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was 0.3 percentage point higher than the “second” estimate released last month. In the fourth quarter of 2015, real GDP increased 1.4 percent.
June 28, 2016 | News Release
Real gross domestic product -- the value of the goods and services produced by the nation's economy
less the value of the goods and services used up in production, adjusted for price changes -- increased at
an annual rate of 1.1 percent in the first quarter of 2016, according to the "third" estimate released by
the Bureau of Economic Analysis. In the fourth quarter of 2015, real GDP increased 1.4 percent.
The GDP estimate released today is…
June 23, 2016 | The BEA Wire
Real spending (output) on travel and tourism accelerated in the first quarter of 2016, increasing at an annual rate of 5.2 percent after increasing 1.5 percent (revised) in the fourth quarter of 2015. By comparison, real gross domestic product (GDP) decelerated, increasing 0.8 percent in the first quarter (second estimate) after increasing 1.4 percent in the fourth quarter of 2015.
June 23, 2016 | News Release
Real spending (output) on travel and tourism accelerated in the first quarter of 2016, increasing at an annual rate of 5.2 percent after increasing 1.5 percent (revised) in the fourth quarter of 2015. By comparison, real gross domestic product (GDP) decelerated, increasing 0.8 percent in the first quarter (second estimate) after increasing 1.4 percent in the fourth quarter of 2015.
June 22, 2016 | The BEA Wire
State personal income grew 1.0 percent on average in the first quarter of 2016, the same pace as in the fourth quarter of 2015. Personal income grew in every state except Wyoming and North Dakota with first-quarter personal income growth rates ranging from -1.3 percent in North Dakota to 1.5 percent in Washington.
June 22, 2016 | News Release
State personal income grew 1.0 percent on average in the first quarter of 2016, the same pace as in the fourth quarter of 2015, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income grew in every state except Wyoming and North Dakota with first-quarter personal income growth rates ranging from -1.3 percent in North Dakota to 1.5 percent in Washington (table 1).
