Bureau of Economic Analysis

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 0.6 percent in the first quarter of 2008, according to advance estimates released by the Bureau of Economic Analysis. In the fourth quarter, real GDP also increased 0.6 percent. The Bureau emphasized that the first-quarter "advance" estimates are based on source data that are…

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WASHINGTON DC, April 24, 2008 – Today, the Bureau of Economic Analysis (BEA) released estimates of personal income at the county level for 2006 based on newly available source data. Personal income is a comprehensive measure of the income of all persons from all sources. In addition to wages and salaries it includes employer–provided health insurance, dividends and interest income, social security benefits, and other types of income.1

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U.S. International Trade in Goods and Services DECEMBER 2007

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February 2008 PERSONAL INCOME AND OUTLAYS: FEBRUARY 2008 Personal income increased $56.0 billion, or 0.5 percent, and disposable personal income (DPI) increased $48.7 billion, or 0.5 percent, in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $12.0 billion, or 0.1 percent.

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 0.6 percent in the fourth quarter of 2007, according to final estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent. The GDP estimates released today are based on more complete source data than were available for the preliminary…

WASHINGTON DC, March 26, 2008 - U.S. personal income grew 6.2 percent in 2007, down from 6.7 percent in 2006, according to preliminary estimates released today by the U.S. Bureau of Economic Analysis. On average, personal income has grown 6.2 percent for the last four years. Inflation, as measured by the national price index for personal consumption expenditures, slowed to 2.6 percent in 2007 down from 2.9 percent in 2006.

Fourth Quarter and Annual 2007

Spending on tourism (adjusted for price changes) increased at an annual rate of 2.0 percent in 2007:4, according to the Bureau of Economic Analysis, reflecting a rise in spending on accommodations and food that was partly offset by a decrease in spending on transportation and entertainment. In 2007:3, spending on tourism grew 1.8 percent (revised). By comparison, real gross domestic product (GDP) grew at an…

NOTE: See the navigation bar at the right side of the news release text for links to data tables, contact personnel and their telephone numbers, and supplementary materials.

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