Bureau of Economic Analysis

On July 30, the Bureau of Economic Analysis will release its annual update of the national income and product accounts (NIPAs) in conjunction with the advance estimate for the second quarter of 2015. As is usual for annual NIPA revisions, the revised estimates will incorporate newly available source data that are more complete, more detailed, and otherwise more reliable than those that were previously incorporated.

This year’s annual…

Real GDP increased in 48 states and the District of Columbia in 2014. Leading industry contributors were professional, scientific, and technical services; nondurable goods manufacturing; and real estate and rental and leasing. Professional, scientific, and technical services was the largest contributor to U.S. real GDP by state growth in 2014. This industry contributed to real GDP growth in 46 states and the District of Columbia.

A lot of work goes into measuring a $17 trillion economy. And, at the Bureau of Economic Analysis it’s a process that never really stops.

In addition to calculating Gross Domestic Product, a key economic indicator of how the U.S. economy is faring, BEA also produces thousands of related data points each month that flow from our GDP reports and give us rich detail about consumer spending, business investment and government activity.…

Real gross domestic product (GDP) increased in 48 states and the District of Columbia in 2014, according to new statistics released today by the Bureau of Economic Analysis (BEA). Professional, scientific, and technical services; nondurable goods manufacturing; and real estate and rental and leasing were the leading contributors to real U.S. economic growth. U.S. real GDP grew 2.2 percent in 2014 after increasing 1.9 percent in 2013.

Statistics on the 2014 economic performance of all 50 states and the District of Columbia, will be released Wednesday, June 10 at 8:30 a.m. EDT by the U.S. Bureau of Economic Analysis.

The U.S monthly international trade deficit decreased in April 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $50.6 billion in March (revised) to $40.9 billion in April, as exports increased and imports decreased. The previously published March deficit was $51.4 billion. The goods deficit decreased $9.3 billion from March to $60.7 billion in April. The services surplus increased $…

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 April 2015 The U.S. Census Bureau and the U.S.

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, D.C. 20230

U.S. International Trade in Goods and Services

Annual Revision for 2014

Personal income increased 0.4 percent in April after increasing less than 0.1 percent in March. Wages and salaries, the largest component of personal income, rose 0.2 percent in April after rising 0.1 percent in March.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in April after rising less than 0.1 percent in March, reflecting increases in income receipts on assets and wages…

Personal income increased $59.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $48.8 billion, or 0.4 percent, in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $2.6 billion, or less than 0.1 percent.