August 1, 2014 | The BEA Wire
Personal income rose 0.4 percent in June and in May. Wages and salaries rose 0.4 percent in June and in May.
Current-dollar disposable personal income (DPI), after-tax income, rose 0.4 percent in June and in May.
Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in June and in May.
August 1, 2014 | News Release
Personal income increased $56.7 billion, or 0.4 percent, and disposable personal income (DPI) increased $51.5 billion,
or 0.4 percent, in June, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE)
increased $51.7 billion, or 0.4 percent. In May, personal income increased $57.4 billion, or 0.4 percent, DPI
increased $55.0 billion, or 0.4 percent, and PCE increased $39.8 billion, or 0.3 percent, based on revised…
July 31, 2014 | The BEA Wire
The U.S. Bureau of Economic Analysis (BEA) has released additional statistics on U.S. direct investment abroad – or “outward direct investment” – and on foreign direct investment in the United States – or “inward direct investment” for 2013 and revised statistics for 2011 and 2012.
July 30, 2014 | The BEA Wire
Real gross domestic product (GDP) increased 4.0 percent in the second quarter of 2014, according to the “advance” estimate released today by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent (revised).
Second-quarter highlights
The upturn in real GDP growth was mainly driven by upturns in exports and in private nonfarm inventory investment as well as an acceleration in consumer spending, notably for…
July 30, 2014 | News Release
National Income and Product Accounts
Gross Domestic Product: Second Quarter 2014 (Advance Estimate)
Annual Revision: 1999 through First Quarter 2014
July 25, 2014 | The BEA Wire
How much did the harsh winter weather affect the U.S. economy in the first quarter of this year?
We know that the economy, as measured by gross domestic product (GDP), contracted at an annual rate of 2.9 percent over January, February and March, the first quarterly decline in three years. But how were different industries affected and was weather a factor? New data released today by the U.S. Bureau of Economic Analysis provide…
July 25, 2014 | The BEA Wire
Real gross domestic product (GDP) decreased at an annual rate of 2.9 percent in the first quarter of 2014. Both private services- and goods-producing industries contributed to the decrease, while the government sector increased slightly.
July 25, 2014 | News Release
Real gross domestic product (GDP) decreased at an annual rate of 2.9 percent in the first quarter of 2014 after increasing 2.6 percent in the fourth quarter of 2013. Both private services- and goods-producing industries contributed to the decrease, while the government sector increased slightly. Durable-goods manufacturing; wholesale trade; and agriculture, forestry, fishing, and hunting were the leading contributors to the decrease in GDP.…
July 22, 2014 | The BEA Wire
Like fireworks and baseball, BEA’s annual revision of GDP is a summer tradition. Toward the end of every July, the U.S. Bureau of Economic Analysis incorporates previously unavailable sources of data for the past three years into its estimates of the U.S. economy’s performance.
July 14, 2014 | The BEA Wire
Today we are pleased to roll out an important new Commerce Department report on government data. “Fostering Innovation, Creating Jobs, Driving Better Decisions The Value of Government Data,” arrives as our society increasingly focuses on how the intelligent use of data can make our businesses more competitive, our governments smarter, and our citizens better informed.