January 21, 2016 | News Release
Retail trade; health care and social assistance; and agriculture, forestry, fishing, and hunting were the leading contributors to the increase in U.S. economic growth in the third quarter of 2015, according to statistics on the breakout of gross domestic product (GDP) by industry released today by the Bureau of Economic Analysis (BEA). Overall, 15 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the third quarter…
January 13, 2016 | News Release
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January 13, 2016 | The BEA Wire
American Samoa’s economy grew 1.6 percent in 2014, the Bureau of Economic Analysis reported today.
The estimate is for real GDP, which is adjusted to remove price changes. For comparison, real GDP for the United States (excluding U.S. territories) increased 2.4 percent in 2014.
The growth in the American Samoa economy reflected widespread increases among the components of GDP. These increases were partly offset by an increase…
January 6, 2016 | The BEA Wire
The U.S. monthly international trade deficit decreased in November 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $44.6 billion in October (revised) to $42.4 billion in November, as exports decreased less than imports. The previously published October deficit was $43.9 billion. The goods deficit decreased $2.3 billion from October to $61.3 billion in November. The services surplus…
January 6, 2016 | News Release
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
NOVEMBER 2015
The U.S. Census Bureau and the U.S.
December 29, 2015 | The BEA Wire
The U.S. net international investment position was -$7,269.8 billion (preliminary) at the end of the third quarter of 2015 as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the second quarter, the net investment position was -$6,743.1 billion (revised).
December 29, 2015 | News Release
The U.S. net international investment position at the end of the third quarter of 2015 was -$7,269.8 billion (preliminary) as the value of U.S. liabilities exceeded the value of U.S. assets (chart 1, table 1). At the end of the second quarter, the net investment position was -$6,743.1 billion (revised).
December 23, 2015 | The BEA Wire
Personal income increased 0.3 percent in November after increasing 0.4 percent in October. Wages and salaries, the largest component of personal income, increased 0.5 percent in November after increasing 0.6 percent in October.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in November after increasing 0.4 percent in October.
Real DPI, income adjusted for taxes and inflation, increased…
December 23, 2015 | News Release
Personal income increased $44.4 billion, or 0.3 percent, and disposable personal income (DPI)
increased $34.5 billion, or 0.3 percent, in November, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $40.1 billion, or 0.3 percent.
December 22, 2015 | The BEA Wire
Real gross domestic product (GDP) increased 2.0 percent in the third quarter of 2015, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was revised down 0.1 percentage point from the “second” estimate released in November. In the second quarter, real GDP increased 3.9 percent.
GDP highlights
The third-quarter increase in real GDP mainly reflected a rise in consumer spending. Spending on…
