March 25, 2016 | The BEA Wire
Real gross domestic product (GDP) increased 1.4 percent in the fourth quarter of 2015, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was 0.4 percent point more than the “second” estimate released last month. In the third quarter, real GDP increased 2.0 percent.
March 25, 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 1.4 percent in the fourth quarter of 2015, according to the
"third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased
2.0 percent.
The GDP estimate released today…
March 24, 2016 | The BEA Wire
State personal income grew 0.8 percent on average in the fourth quarter of 2015, down from 1.0 percent in the third quarter. Thirty-three states, including the four largest states California, Texas, Florida, and New York had slower growth in personal income in the fourth quarter than in the third quarter. Growth rates ranged from -0.1 percent in Wyoming, Oklahoma, and Nebraska to 1.3 percent in Michigan.
March 24, 2016 | The BEA Wire
State personal income grew on average 4.4 percent in 2015, the same rate as in 2014. Growth of state personal income—the sum of net earnings by place of residence, property income, and personal current transfer receipts—ranged from -0.2 percent in North Dakota to 6.3 percent in California.
March 24, 2016 | News Release
State personal income grew on average 4.4 percent in 2015, the same rate as in 2014, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth of state personal income—the sum of net earnings by place of residence, property income, and personal current transfer receipts—ranged from -0.2 percent in North Dakota to 6.3 percent in California (table 1).
March 17, 2016 | The BEA Wire
The U.S. current-account deficit—a net measure of transactions between the United States and the rest of the world in goods, services, primary income (investment income and compensation), and secondary income (current transfers)—decreased to $125.3 billion (preliminary) in the fourth quarter of 2015 from $129.9 billion (revised) in the third quarter of 2015. As a percentage of U.S. GDP, the deficit decreased to 2.8 percent from 2.9 percent.…
March 17, 2016 | News Release
Current Account
The U.S. current-account deficit—a net measure of transactions between the United States
and the rest of the world in goods, services, primary income (investment income and
compensation), and secondary income (current transfers)—decreased to $125.3 billion
(preliminary) in the fourth quarter of 2015 from $129.9 billion (revised) in the third quarter.
The deficit decreased to 2.8…
March 16, 2016 | The BEA Wire
Inflation adjusted spending (or output) on travel and tourism decelerated in the fourth quarter of last year, increasing at an annual rate of 1.7 percent, after rising 4.5 percent in the third quarter.
For comparison, inflation-adjusted — or real — gross domestic product also decelerated during the same period, increasing 1.0 percent in the fourth quarter, after rising 2.0 percent.
March 16, 2016 | The BEA Wire
America’s consumers spent more than $12 trillion last year on all kinds of stuff, including new cars, f
March 16, 2016 | News Release
Real spending (output) on travel and tourism decelerated in the fourth quarter of 2015, increasing at an annual rate of 1.7 percent after increasing 4.5 percent (revised) in the third quarter of 2015. Real gross domestic product (GDP) also decelerated, increasing 1.0 percent in the fourth quarter (second estimate) after increasing 2.0 percent. For the year, travel and tourism spending grew 4.4 percent after increasing 3.1 percent in 2014.
