December 22, 2015 | News Release
Real gross domestic product -- the value of the goods and services produced by the nation's
economy less the value of the goods and services used up in production, adjusted for price
changes -- increased at an annual rate of 2.0 percent in the third quarter of 2015, according to the "third"
estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.9
percent.
The GDP estimate released today…
December 21, 2015 | The BEA Wire
State personal income grew 1.3 percent on average in the third quarter of 2015, the same pace as in the second quarter. Personal income grew in every state with third-quarter personal income growth rates ranging from 0.6 percent in Alaska to 2.2 percent in Nebraska and South Dakota.
For more information, read the full report.
December 21, 2015 | News Release
State personal income grew 1.3 percent on average in the third quarter of 2015, the same pace as in the second quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income grew in every state with third-quarter personal income growth rates ranging from 0.6 percent in Alaska to 2.2 percent in Nebraska and South Dakota (table 1).
December 17, 2015 | The BEA Wire
The U.S. current-account deficit – a net measure of transactions between the United States and the rest of the world in goods, services, primary income (investment income and compensation), and secondary income (current transfers) – increased to $124.1 billion (preliminary) in the third quarter of 2015 from $111.1 billion (revised) in the second quarter of 2015. As a percentage of U.S. GDP, the deficit increased to 2.7 percent from 2.5…
December 17, 2015 | News Release
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December 16, 2015 | The BEA Wire
The Virgin Islands economy continued to contract in 2014, although at a much slower rate than in the previous three years, the U.S. Bureau of Economic Analysis reported today.
The estimates of Gross Domestic Product for the U.S. Virgin Islands show that real GDP — adjusted to remove price changes — decreased 0.6 percent in 2014. For comparison, real GDP for the U.S. (excluding the territories) increased 2.4 percent in 2014.
December 16, 2015 | The BEA Wire
Real spending (output) on travel and tourism decelerated in the third quarter of 2015, increasing at an annual rate of 4.3 percent after increasing 8.4 percent (revised) in the second quarter of 2015. Real gross domestic product (GDP) also decelerated, increasing 2.1 percent (second estimate) in the third quarter after increasing 3.9 percent.
December 16, 2015 | News Release
This release is available as a PDF download.
December 16, 2015 | News Release
Real spending (output) on travel and tourism decelerated in the third quarter of 2015, increasing at an annual rate of 4.3 percent after increasing 8.4 percent (revised) in the second quarter of 2015. Real gross domestic product (GDP) also decelerated, increasing 2.1 percent (second estimate) in the third quarter after increasing 3.9 percent.
December 10, 2015 | The BEA Wire
Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the second quarter of 2015. Overall, U.S. real GDP by state grew at an annual rate of 3.8 percent in the second quarter of 2015 after increasing 0.7 percent in the first quarter of 2015. Finance and insurance; professional, scientific, and technical services; and wholesale trade were the leading contributors to real U.S. economic growth in the second…
