September 29, 2015 | News Release
The U.S. net international investment position at the end of the second quarter of 2015 was -$6,688.3 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 first quarter, the net investment position was -$6,801.4 billion (revised).
September 28, 2015 | The BEA Wire
Personal income increased 0.3 percent in August, after increasing 0.5 percent in July. Wages and salaries, the largest component of personal income, rose 0.5 percent in August after rising 0.6 percent in July.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in August after increasing 0.5 percent in July.
Real DPI, income adjusted for taxes and inflation, increased 0.3…
September 28, 2015 | News Release
Personal income increased $52.5 billion, or 0.3 percent, and disposable personal income (DPI)
increased $47.1 billion, or 0.4 percent, in August, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $54.9 billion, or 0.4 percent.
September 25, 2015 | The BEA Wire
BEA introduced two new video tutorials to assist potential filers of the BE-180 Benchmark Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons.
September 25, 2015 | The BEA Wire
Real gross domestic product (GDP) increased 3.9 percent in the second quarter of 2015, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was revised up 0.2 percentage point from the “second” estimate released in August. In the first quarter, real GDP increased 0.6 percent.
September 25, 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 3.9 percent in the second quarter of 2015, according to the
"third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased
0.6 percent.
The GDP estimate released today…
September 23, 2015 | The BEA Wire
Real GDP expanded in 44 of the 52 MSAs wholly contained in this region. Professional scientific, and technical services contributed the most to growth in real GDP for the region. This region accounts for 20.4 percent of the nation’s current-dollar GDP in professional, scientific, and technical services. By contrast, mining restrained growth in the region’s GDP.
Grants Pass, OR and Corvallis, OR experienced the largest upturns in real GDP…
September 23, 2015 | The BEA Wire
Real GDP increased in 282 of the nation’s 381 metropolitan areas in 2014, led by widespread growth in professional and business services; finance, insurance, real estate, rental, and leasing; and trade.
September 23, 2015 | News Release
Real GDP increased in 282 of the nation's 381 metropolitan areas in 2014, led by growth in several industry groups: professional and business services, wholesale and retail trade, and the group of finance, insurance, real estate, rental, and leasing. Natural resources and mining remained a strong contributor to growth in several metropolitan areas. Collectively, real GDP for U. S. metropolitan areas increased 2.3 percent in 2014 after…
September 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)—decreased to $109.7 billion (preliminary) in the second quarter of 2015 from $118.3 billion (revised) in the first quarter of 2015. As a percentage of U.S. GDP, the deficit decreased to 2.5 percent from 2.7 percent.…