November 17, 2014 | News Release
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November 17, 2014 | The BEA Wire
Widespread industry growth drove the U.S. economy’s second-quarter rebound, with 19 of the 22 industry groups tracked contributing 6.7 percentage points to real Gross Domestic Product. Finance, insurance, real estate, rental and leasing; manufacturing; and agriculture, forestry, fishing and hunting led the way.
Real GDP increased 4.6 percent in the second quarter, after decreasing 2.1 percent in the first quarter.
November 17, 2014 | The BEA Wire
Newly published estimates of gross domestic product for the Commonwealth of the Northern Mariana Islands (CNMI) show that real GDP – GDP adjusted to remove price changes – increased 4.4 percent in 2013.
November 13, 2014 | The BEA Wire
Real gross domestic product (GDP) increased at an annual rate of 4.6 percent in the second quarter of 2014, after decreasing 2.1 percent in the first quarter. Both private goods- and services-producing industries contributed to the increase, while the government sector decreased.
November 13, 2014 | News Release
Real gross domestic product (GDP) increased at an annual rate of 4.6 percent in the second quarter of 2014, after decreasing 2.1 percent in the first quarter. Both private goods- and services-producing industries contributed to the increase, while the government sector decreased. Durable‐goods manufacturing; finance and insurance; and retail trade were the leading contributors.
November 4, 2014 | The BEA Wire
The U.S. monthly international trade deficit increased in September 2014 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $40.0 billion in August (revised) to $43.0 billion in September, mainly reflecting a decrease in exports. The previously published August deficit was $40.1 billion. The goods deficit increased $2.4 billion from August to $62.7 billion in September; the services…
November 4, 2014 | News Release
October 31, 2014 | The BEA Wire
Personal Income rose 0.2 percent in September after rising 0.3 percent in August. Wages and salaries, the largest component of personal income, rose 0.2 percent in September after rising 0.5 percent in August.
Current-dollar disposable personal income (DPI), after-tax income, rose 0.1 percent in September after rising 0.3 percent in August.
Real DPI, income adjusted for taxes and inflation, remained flat in…
October 31, 2014 | News Release
Personal income increased $22.7 billion, or 0.2 percent, and disposable personal income (DPI) increased $15.7 billion,
or 0.1 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE)
decreased $19.0 billion, or 0.2 percent. In August, personal income increased $50.7 billion, or 0.3 percent, DPI
increased $37.5 billion, or 0.3 percent, and PCE increased $58.7 billion, or 0.5 percent, based on…
October 30, 2014 | The BEA Wire
Real gross domestic product (GDP) increased 3.5 percent in the third quarter of 2014, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 4.6 percent.
Third-quarter highlights
The deceleration in GDP growth was more than accounted for by inventory investment, which detracted from growth in the third quarter after adding to it in the second quarter.…
