February 22, 2013 | The BEA Wire
Metropolitan areas accounted for nearly 90 percent of national current-dollar gross domestic product (GDP). The ten largest metropolitan areas accounted for 38 percent of national GDP in 2011, while the smallest 79 metropolitan areas accounted for 2 percent of national GDP.
February 22, 2013 | News Release
ECONOMIC GROWTH CONTINUES ACROSS METROPOLITAN AREAS IN 2011
Advance 2011, and Revised 20012010 GDP-by-Metropolitan-Area Statistics
February 12, 2013 | The BEA Wire
How much does the United States own abroad? And how does that stack up against what foreign investors own in this country? Tracking the ownership and value of trillions of dollars’ worth of financial assets like stocks, bonds, loans, and cash in bank accounts to come up with answers to these very questions is the work of skilled financial sleuths at the U.S. Bureau of Economic Analysis (BEA).
February 8, 2013 | The BEA Wire
The U.S. monthly international trade deficit decreased in December 2012, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.6 billion (revised) in November to $38.5 billion in December, as exports increased and imports decreased. The previously published November deficit was $48.7 billion. The goods deficit decreased $9.4 billion from November to $56.2 billion in December, and the…
February 8, 2013 | News Release
January 31, 2013 | The BEA Wire
Personal income increased 2.6 percent in December after increasing 1.0 percent in November. Accelerated bonus payments of $30 billion (at an annual rate) in December and $15 billion in November boosted wages and salaries. Accelerated dividend payments of $291.0 billion in December and $25.8 billion in November, made in anticipation of tax law changes, boosted personal dividend income.
Current-dollar disposable personal income (…
January 31, 2013 | The BEA Wire
Personal income increased 2.6 percent in December after increasing 1.0 percent in November. Accelerated bonus payments of $30 billion (at an annual rate) in December and $15 billion in November boosted wages and salaries. Accelerated dividend payments of $291.0 billion in December and $25.8 billion in November, made in anticipation of tax law changes, boosted personal dividend income.
Current-dollar disposable personal income (…
January 31, 2013 | News Release
Personal income increased $352.4 billion, or 2.6 percent, and disposable personal income (DPI)
increased $331.3 billion, or 2.7 percent, in December, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $22.6 billion, or 0.2 percent. In November,
personal income increased $135.8 billion, or 1.0 percent, DPI increased $125.5 billion, or 1.0 percent,
and PCE increased $41.6 billion, or 0.4 percent,…
January 30, 2013 | The BEA Wire
Real gross domestic product (GDP) decreased 0.1 percent in the fourth quarter of 2013 after increasing 3.1 percent in the third quarter, according to estimates released today by the Bureau of Economic Analysis. For the full year 2012, real GDP increased 2.2 percent after increasing 1.8 percent in 2011.
Fourth-quarter highlights
The decline in real GDP growth in the fourth quarter reflected the following:
January 30, 2013 | News Release
Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- decreased at an annual rate of 0.1 percent in the fourth quarter of 2012
(that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the
Bureau of Economic Analysis.
