June 16, 2014 | The BEA Wire
You may have noticed some data on international travel services look a little bit different. With the release of the monthly trade report on June 4, spending on health- and education-related travel are now counted in the travel services category. Previously, both were included in a category called “other personal services.”
June 11, 2014 | The BEA Wire
Developers, do you want to bring more detailed economic data to your next app? The Bureau of Economic Analysis (BEA) recently added several data sets to the application programming interface (API) we launched last year.
The API now provides direct access to the gross domestic product (GDP) underlying detail tables. Those tables contain a wealth of statistics, including how much consumers spend on hundreds of items like furnishings,…
June 11, 2014 | The BEA Wire
Real GDP increased in 49 states in 2013. Leading industry contributors were nondurable-goods manufacturing; real estate and rental and leasing; and agriculture, forestry, fishing, and hunting.
Nondurable-goods manufacturing was the largest contributor to U.S. real GDP by state growth in 2013.
June 11, 2014 | News Release
Advance 2013 and Revised 1997—2012 Statistics of GDP by State
Real gross domestic product (GDP) increased in 49 states in 2013, according to new statistics released today by the Bureau of Economic Analysis (BEA).1 Nondurable–goods manufacturing; real estate and rental and leasing; and agriculture, forestry, fishing, and hunting were the leading contributors to real U.S. economic growth. U.S. real GDP growth slowed to 1.8 percent in 2013…
June 4, 2014 | The BEA Wire
With this release, statistics on trade in goods and services for January 1999 to March 2014 are revised to reflect newly available and revised source data, changes in estimation methods, and changes in definitions and classifications. For more information see www.bea.gov/international/revision-2014.htm.
June 4, 2014 | News Release
NOTE: See the navigation bar at the right side of the news release text for a link to an important note about revisions to goods and services and the comprehensive restructuring of the International Economic Accounts. Also see links to data tables, contact personnel and their telephone numbers, and supplementary materials.
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May 30, 2014 | The BEA Wire
Personal income increased 0.3 percent in April after increasing 0.5 percent in March. Wages and salaries, the largest component of personal income, increased 0.2 percent after increasing 0.6 percent.
Current-dollar disposable personal income (DPI),
after-tax income, increased 0.3 percent in April after increasing 0.5 percent in March.
Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in April…
May 30, 2014 | News Release
Personal income increased $43.7 billion, or 0.3 percent, and disposable personal income (DPI) increased $44.6 billion,
or 0.3 percent, in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE)
decreased $8.1 billion, or 0.1 percent. In March, personal income increased $76.3 billion, or 0.5 percent, DPI
increased $65.0 billion, or 0.5 percent, and PCE increased $117.6 billion, or 1.0 percent, based on…
May 29, 2014 | The BEA Wire
Real gross domestic product (GDP) decreased 1.0 percent in the first quarter of 2014, according to the “second” estimate released today by the Bureau of Economic Analysis. In the fourth quarter of 2013, real GDP increased 2.6 percent.
First-quarter GDP highlights
The decline in real GDP was more than accounted for by a significant decline in inventory investment, notably by motor vehicle dealerships. In fact, GDP less inventory…