October 17, 2018 | The BEA Wire
The estimates of GDP for the Commonwealth of the Northern Mariana Islands show that real GDP—GDP adjusted to remove price changes—increased 25.1 percent in 2017, after increasing 28.2 percent in 2016. For comparison, real GDP for the United States (excluding the territories) increased 2.2 percent in 2017 after increasing 1.6 percent in 2016.
October 5, 2018 | The BEA Wire
The U.S. monthly international trade deficit increased in August 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $50.0 billion in July (revised) to $53.2 billion in August, as exports decreased and imports increased. The previously published July deficit was $50.1 billion. The goods deficit increased $3.6 billion in August to $76.7 billion. The services surplus increased $0.4…
October 5, 2018 | News Release
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $53.2 billion in August, up $3.2 billion from $50.0 billion in July, revised. August exports were $209.4 billion, $1.7 billion less than July exports. August imports were $262.7 billion, $1.5 billion more than July imports.
October 4, 2018 | The BEA Wire
State personal consumption expenditures (PCE) increased on average 4.3 percent in 2017, an acceleration from the 3.8 percent increase in 2016. The percent change in PCE across all states ranged from 6.9 percent in Idaho to 2.0 percent in North Dakota.
October 4, 2018 | News Release
State personal consumption expenditures (PCE) increased on average 4.3 percent in 2017, an acceleration from the 3.8 percent increase in 2016. The percent change in PCE across all states ranged from 6.9 percent in Idaho to 2.0 percent in North Dakota.
September 28, 2018 | The BEA Wire
Personal income increased 0.3 percent in August, the same increase as in July. Wages and salaries, the largest component of personal income, increased 0.5 percent in August after increasing 0.3 percent in July.
September 28, 2018 | News Release
Personal income increased 0.3 percent in August, the same increase as in July. Wages and salaries, the largest component of personal income, increased 0.5 percent in August after increasing 0.3 percent in July.
September 27, 2018 | The BEA Wire
Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was unchanged from the “second” estimate released in August. In the first quarter, real GDP increased 2.2 percent.
GDP Highlights
September 27, 2018 | News Release
Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018, according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent.
September 26, 2018 | The BEA Wire
The U.S. net international investment position decreased to −$8,638.5 billion (preliminary) at the end of the second quarter of 2018 from −$7,747.3 billion (revised) at the end of the first quarter. The $891.2 billion decrease reflected net financial transactions of −$126.0 billion and net other changes in position, such as price and exchange-rate changes, of −$765.1 billion.