Bureau of Economic Analysis

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Foreign investors' spending to acquire or establish U.S. businesses surged to a record $201.0 billion in 1998 from $69.7 billion in 1997, according to estimates by the Commerce Department's Bureau of Economic Analysis. This spending, which includes both outlays made directly by foreign investors and outlays made through their existing U.S. affiliates, almost tripled in 1998, following a decrease of 13 percent in 1997 and an increase of 40…

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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 4.1 percent in the first quarter of 1999, according to preliminary estimates released by the Commerce Department's Bureau of Economic Analysis. In the fourth quarter, real GDP increased 6.0 percent. Real GDP increased…

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1997 LOCAL AREA PERSONAL INCOME For Counties, Metropolitan Areas, and Nonmetropolitan Areas

Personal income in metropolitan counties grew 5.8 percent in 1997, substantially faster than the 4.7 percent growth of personal income in nonmetropolitan counties, according to estimates released today by the Commerce Department's Bureau of Economic Analysis. The faster metro county growth in 1997 reversed the pattern in 1996, when personal…

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NOTE: On May 13, 1999, Table 2 of this news release was recalculated; the recalculated table is here.