August 2, 2013 | The BEA Wire
Personal income increased 0.3 percent in June after increasing 0.4 percent in May. Wages and salaries, the largest component of personal income, increased 0.5 percent in June after increasing 0.3 percent in May.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in June, the same increase as in May.
Real DPI, income adjusted for taxes and inflation, fell 0.1 percent in June after…
August 1, 2013 | The BEA Wire
Interested in learning about foreign direct investment in the U.S. advertising industry? Or in U.S. direct investment in Vietnam? The U.S. Bureau of Economic Analysis (BEA) released its most detailed statistics on U.S.
July 31, 2013 | News Release
Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- increased at an annual rate of 1.7 percent in the second quarter of 2013
(that is, from the first quarter to the second quarter), according to the "advance" estimate released by the
Bureau of Economic Analysis.
July 31, 2013 | The BEA Wire
Real gross domestic product (GDP) increased 1.7 percent in the second quarter of 2013 after increasing 1.1 percent in the first quarter, according to the “advance” estimate released today by the Bureau of Economic Analysis (BEA).
GDP highlights
The second-quarter acceleration in GDP reflected the following:
July 23, 2013 | The BEA Wire
A pharmaceutical company develops a new cancer drug. A Hollywood studio creates a box-office blockbuster. A song writer records a new hit. On July 31, BEA will begin including the amount of money businesses invest in the production of such intellectual property as part of gross domestic product (GDP).
Why?
July 23, 2013 | The BEA Wire
The Bureau of Economic Analysis (BEA) will release its comprehensive revision of the National Income and Product Accounts (NIPAs) next week. Among other important changes to estimates will be how the statistical agency treats research and development (R&D) and calculates entertainment in measuring gross domestic product (GDP). The revision generally occurs every 5 years.
July 19, 2013 | The BEA Wire
Do you want to have a deeper understanding of how monthly trade statistics are compiled and how trade between the United States and other countries is measured? Then join the U.S. Bureau of Economic Analysis (BEA) and the U.S. Census Bureau for a July 25 webinar deciphering the U.S. international trade in goods and services report. The webinar will start at 1 p.m. EDT.
July 11, 2013 | The BEA Wire
Developers, are you looking for a way to bring some of the most closely watched economic data into your next app? You can now build apps using BEA economic statistics, thanks to BEA’s new application programming interface (API). The API provides direct access to gross domestic product (GDP) and related national economic statistics, along with regional economic statistics.
July 8, 2013 | The BEA Wire
Once every 5 years, the U.S. Bureau of Economic Analysis produces a “comprehensive” revision to its gross domestic product (GDP) statistics, incorporating changes to how the U.S. economy is measured as well as more complete source data all the way back to 1929. This year is one of those years. In just a few weeks—on July 31 to be exact–updated GDP numbers will be released.
New data, new methodologies, changes in definitions and…
July 3, 2013 | News Release
