April 21, 2016 | The BEA Wire
Information; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2015. Overall, 16 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the fourth quarter.
April 21, 2016 | News Release
Information; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2015. According to statistics on the breakout of gross domestic product (GDP) by industry released today by the Bureau of Economic Analysis (BEA), overall, 16 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the fourth quarter.
April 18, 2016 | The BEA Wire
The Bureau of Economic Analysis and the Treasury Department are preparing to implement a change that will simplify how certain cross-border investments by or into private funds are reported on Treasury International Capital, or TIC, surveys of portfolio investment and BEA surveys of direct investment.
April 6, 2016 | The BEA Wire
For years, BEA has provided state-by-state information on people’s incomes, which includes refundable tax credits and rebates. But BEA did not break out the refundable tax credit statistics.
Now, for the first time, BEA is making available the amounts and types of federal refundable tax credits broken out for each state, giving policymakers, researchers and academics a new tool for economic analysis.
April 5, 2016 | The BEA Wire
The U.S. monthly international trade deficit increased in February 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $45.9 billion in January (revised) to $47.1 billion in February, as imports increased more than exports. The previously published January deficit was $45.7 billion. The goods deficit increased $0.9 billion from January to $64.7 billion in February. The services surplus…
April 5, 2016 | News Release
U.S. Census Bureau
U.S. Bureau of Economic Analysis
NEWS
U.S. Department of Commerce * Washington, DC 20230
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
February 2016
The U.S. Census Bureau and the U.S.
March 31, 2016 | The BEA Wire
The U.S. net international investment position was -$7,356.8 billion (preliminary) at the end of the fourth quarter of 2015 as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the third quarter, the net position was -$7,311.6 billion (revised).
March 31, 2016 | News Release
Notice About the 2016 Annual Revision of the U.S. Net International Investment Position
The annual revision of the U.S. net international investment position will be released along with preliminary estimates for the first quarter of 2016 on June 30, 2016. An article previewing the annual revisions will appear in the April 2016 issue of the Survey of Current Business.
March 28, 2016 | The BEA Wire
Personal income increased 0.2 percent in February after increasing 0.5 percent in January. Wages and salaries, the largest component of personal income, decreased 0.1 percent in February after increasing 0.6 percent in January.
March 28, 2016 | News Release
Personal income increased $23.7 billion, or 0.2 percent, and disposable personal income (DPI)
increased $23.7 billion, or 0.2 percent, in February, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $11.0 billion, or 0.1 percent. In January,
personal income increased $72.7 billion, or 0.5 percent, DPI increased $57.2 billion, or 0.4 percent,
and PCE increased $10.7 billion, or 0.1 percent, based on…